FP Asset Management Cyprus Ltd Account Types & How to Open
FP Asset Management Cyprus Ltd accounts at a glance
Who is FP Asset Management Cyprus Ltd?
FP Asset Management Cyprus Ltd is a Cyprus-registered entity that holds a single CySEC licence. From the regulatory filings, we know the company is authorised to operate as a Cyprus Investment Firm, but that is essentially where the paper trail ends.
The official domain—fp-am.com—is listed in registry records, yet our attempts to reach a functioning website at that address came up empty. No social media profiles, no news releases, no independent trader chatter. For a firm that has supposedly been licensed since 2017, this silence is unusual.
In FXCanary’s methodology, this absence of a verifiable online footprint immediately triggers a guarded risk score of 34 out of 100. We are left with a corporate shell that appears to exist on paper but offers traders no practical way to open an account, fund it, or even verify its services.
The Regulatory Shell: CySEC Licence 317/17
Licence 317/17 is an authorised Cyprus Investment Firm (CIF) licence issued by the Cyprus Securities and Exchange Commission. In theory, this means FP Asset Management Cyprus Ltd has passed minimum capital requirements, holds client funds in segregated accounts, and is a member of the Investor Compensation Fund (up to €20,000 per client).
However, a CySEC licence is not a badge of active, trustworthy operations. Many licensed entities remain dormant or act as shells for other purposes. The licence number alone tells us the firm met regulatory thresholds at the time of authorisation, but it does not guarantee ongoing compliance or even a functioning business.
Because we cannot verify any website or client agreement, we cannot confirm whether the company adheres to the CySEC rulebook in practice. The existence of segregated accounts, negative balance protection, or any actual trading infrastructure remains entirely unverified outside of what the licence theoretically mandates.
The Missing Website: A Critical Red Flag
For a retail brokerage in 2025, a live, transparent website is the bare minimum. The domain fp-am.com does not resolve to an operational site. This is not a temporary outage—our checks confirmed there is no web presence whatsoever.
A CySEC-regulated firm that genuinely serves clients would maintain a bilingual website, publish key disclosures under MiFID II, and provide a client portal. The absence of all of this raises the possibility that the company has never been operational, has ceased operations without surrendering its licence, or that the listed domain is obsolete.
The risk flag in our system captures this bluntly: ‘No verifiable website or social-media presence.’ For a trader, that means there is no way to even view account types, much less open one, without engaging through unknown and potentially unsafe channels.
What Account Types Might Look Like (Theoretical)
In the absence of any official documentation, we can only speculate on what a typical CySEC-regulated broker might offer. Standard practice in Cyprus includes a tiered account structure: a basic retail account with wider spreads, an ECN or VIP account with raw spreads plus commission, and sometimes a dedicated Islamic swap-free account.
Minimum deposits at CySEC firms tend to range from €100 to €500, though premium tiers can demand €10,000 or more. Without a functioning website, we cannot state which—if any—of these setups applies to FP Asset Management Cyprus Ltd.
Spreads, commissions, and available assets are entirely opaque. The company has published no contract specifications, no product schedule, and no execution policy. For a regulated entity, this is an extraordinary lack of transparency.
Leverage and Risk Under CySEC Rules
If FP Asset Management Cyprus Ltd were actively onboarding clients, it would be bound by ESMA’s product intervention measures. Retail traders face a maximum leverage of 1:30 for major currency pairs, 1:20 for minors, and as low as 1:2 for cryptocurrencies.
Professional clients can negotiate higher leverage, but only if they meet strict criteria around experience, portfolio size, and financial sector employment. However, because we have no access to the firm’s client agreement, we cannot even confirm whether it accepts professional classification.
These leverage caps are designed to limit the risk of catastrophic losses, but they are only effective if the broker actually executes trades on a regulated platform. In the current vacuum, any talk of leverage is purely speculative.
How to Open an Account – The Process If It Existed
A standard CySEC onboarding would begin with an online registration form, followed by a MiFID appropriateness assessment to gauge the trader’s knowledge. KYC documents—proof of identity and address—are collected before any deposit is accepted.
Funds would then be deposited via bank transfer, card, or e-wallet into a segregated client account. Withdrawal procedures would be outlined in the client agreement, typically processed back to the source of funds within a few business days.
For FP Asset Management Cyprus Ltd, none of these steps are possible. There is no client portal, no downloadable forms, and no way to submit KYC. Any individual claiming to represent this entity and asking for money should be treated as highly suspicious.
A Company That Exists Only on Paper?
The juxtaposition of a seemingly valid CySEC licence and a complete digital void is the central enigma of FP Asset Management Cyprus Ltd. It is not flagged as a clone or impersonator, which means the company itself is real, but it may be a dormant shell with no client-facing operations.
For traders, the practical reality is that there is no way to interact with this broker. Until the company either activates its domain, updates its regulatory filings with accurate contact information, or surrenders its licence, it should be considered off-limits.
We will continue to monitor public registers and any emerging digital footprint, but for now, FXCanary strongly advises against any attempt to circumvent the absent website—for example, by sending funds to bank details provided informally—as this would place you outside any regulatory safety net.
FXCanary's Verdict: Avoid Until Proven Otherwise
A score of 34 out of 100 on our risk scale places FP Asset Management Cyprus Ltd firmly in the ‘Guarded’ category. The firm holds a legitimate licence, but its refusal or inability to maintain a website makes it effectively inaccessible to the public.
We cannot recommend a broker that does not show its face. The onus is on the company to prove it is operational, not on traders to trust an empty regulatory entry.
If you encounter links directing you to fp-am.com or any variation, do not proceed. Wait for verifiable evidence that the company has moved beyond a paper existence—otherwise, keep your capital elsewhere.
How to open a FP Asset Management Cyprus Ltd account
The typical steps to open and fund a FP Asset Management Cyprus Ltd account. FXCanary always recommends testing a broker with a small deposit and a withdrawal before committing serious capital.
- Register — sign up on the official FP Asset Management Cyprus Ltd site with your email and basic details.
- Verify (KYC) — upload ID and proof of address; regulated brokers legally must verify you.
- Choose an account — pick a tier from the table above that matches your deposit and strategy.
- Fund — deposit via a supported method (start small to test the process).
- Test a withdrawal — before scaling up, confirm you can withdraw smoothly.
Read the full FP Asset Management Cyprus Ltd review → · Is FP Asset Management Cyprus Ltd safe?