2026 · Evidence audit

FP Markets Institutional (FP Markets Partners) — institutional liquidity provider

FP Markets Institutional operates under multiple licenses across different jurisdictions, including ASIC and CySEC. The firm offers access to its platforms and back-office functionality primarily for established brokerages and start-ups. Self-measured claims regarding liquidity and spreads are not independently verified and should be approached with caution.

First Prudential Markets Pty Ltd · not verified · last re-checked 2026-09 · evidence score 83/100

Licence, read on the register

Regulator	Licence number	Jurisdiction	Tier	Source
ASIC	286354	Australia	tier-1	open source ↗
CySEC	371/18	Cyprus	tier-2	open source ↗
FSCA	50926	South Africa	tier-2	open source ↗
FSA Seychelles	SD130	Seychelles	tier-3	open source ↗

Tier classification follows the same scale as the retail register: tier-1 = FCA/ASIC/CFTC-class supervision, tier-2 = CySEC/FSC-Mauritius/MFSA-class, tier-3 = offshore registration. A tier-2 licence is genuine supervision without an investor compensation scheme — never misread it as tier-1 protection.

What the firm commits to

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

The FP Markets white-label partnership gives access to FP Markets platforms, execution and back-office functionality with the ability to re-brand, and is designed for two business types: brokerages and start-ups (https://www.fpmarketspartners.com/white-label-partnership/)
Group footer on fpmarketspartners.com lists the operating entities: First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS License No. 286354, ASIC-regulated), First Prudential Markets Limited (Seychelles, Licence SD130), FP Markets (Pty) Ltd (FSCA FSP 50926) and FP Markets Ltd (Mauritius FSC Investment Dealer)
First Prudential Markets Limited is a company registered in Seychelles under registration number 8426368-1, authorised and regulated by the Financial Services Authority in Seychelles with License Number SD130 (https://www.fpmarkets.com/regulation/)
First Prudential Markets Ltd (Cyprus, registration number HE 372179) is authorised and regulated by CySEC (Licence No. 371/18), and FP Markets (Pty) Ltd is authorised by the South African FSCA (FSP Number 50926) (https://www.fpmarkets.com/regulation/)

Claims we cannot verify from outside

'Deep liquidity and tight spreads from as little as 0.0 pips' on the white-label page is the firm's own marketing floor, not a typical spread

Perimeter and coverage

Asset classes	Venues	Connectivity	Clients accepted	Explicitly refused
FX, CFDs, Metals, Indices, Cryptocurrencies		Access to FP Markets platforms, execution and back-office functionality with re-branding (own partners page), MT4/MT5 platform offering (group platform stack)	Established brokerages with existing client base and CFD volume (own partners page), Start-ups launching a trading brand (own partners page)

A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as a disclosure, not a defect.