Transaction fees

FP Markets only passes on the fees applied by their merchants for the electronic deposits or withdrawals made to and from your trading account. On occasions, depending on the method of deposit or withdrawal, fees may be applied by merchant transferring the money. These fees are the responsibility of the client.

Please see the terms, conditions and schedule of the various methods for deposit and withdrawal that FP Markets offers, all of which are subject to change without notice. Please review this fee schedule regularly. By transacting in any one of these methods, confirms your acceptance of the fees and any such terms and conditions applicable.

Terms and Conditions

See below the terms and conditions covering all methods of deposits and withdrawals made to and from your FP Markets trading account:

• All terms and conditions can be amended without notice
• Deposit and Withdrawal Fees: please refer to the Fee Schedule above
• Credit and Debit Cards accepted include Visa and Mastercard
• Process time for all deposits and withdrawals is at the discretion of FP Markets
• It is the responsibility of the client to ensure adequate funds are in their trading account at all times
• FP Markets has set daily limits on deposits for some methods of transfer in order to comply with their AML policies
• Deposits made by credit or debit cards will be refunded to the card. Any profits will be transferred back to a bank account in the same name as the trading account
• If FP Markets is advised of a chargeback, FP Markets has the right to close any open position and recover any possible loss or fees incurred. Due to insufficient funds in the clients account the client agrees to make deposit to your trading account to cover this loss or fee
• All withdrawals can only be made back to a bank account in the same name as the clients FP Markets trading account FP Markets is only able to apply funds received in the same name as the clients FP Markets trading account and hence are unable to accept third-party payments
• Deposits made by credit or debit cards will be refunded to the card. Any profits will be transferred back to a bank account in the same name as the trading account
• FP Markets will cover fees (For MT4 or MT5 trade accounts only) usually charged by our acquiring banks and payment processors
• We can only cover fees that are visible to us. If you incur an independent fee from your bank or payment provider, any such fee will not be the responsibility of FP Markets, please check with your bank or payment processor if you’re not sure. Some examples include:
• A Credit Card provider may view a payment made to FP Markets as a cash advance and bill you according to your Credit Card’s cash advance rules
• An international bank transfer payment to or from an international banking institution, including intermediaries, may attract fees from any party
• If there is sufficient evidence that deposits made are not for trading purposes on an MT4 or MT5 account, FP Markets reserve the right to reverse our fee coverage when a withdrawal or transfer request is made
• FP Markets may at its own discretion use any method, deemed as appropriate to process withdrawals.
• There is no cooling off arrangement for our CFDs. This means that you do not have the right to return the CFD, nor request a refund of the money paid to acquire the CFD. If you change your mind after entering into a CFD with FP Markets, you must close it out, pay any Transaction costs and take the risk of incurring a loss in doing so.