fpmarkets Deposit & Withdrawal

Our deep-dive into FP Markets’ deposit and withdrawal operations reveals a funding experience that starkly divides traders. While many praise the initial deposit process as quick and hassle-free, a disturbing volume of user complaints paints withdrawals as a minefield of delays, excuses, and unexplained rejections.

FXCanary’s analysis of over 90 documented withdrawal-related complaints alongside deposit-focused grievances shows a classic warning sign: easy money in, hard money out. In this article, we dissect exactly how FP Markets handles your money, the methods offered, the hidden friction points, and whether this broker’s funding reliability matches its polished marketing.

FP Markets supports a modest range of deposit methods: bank wire transfer, NETELLER, Skrill, and PerfectMoney. The minimum deposit across its Raw and Standard accounts is $100 AUD or equivalent—an accessible bar that attracts retail traders globally. Our review found no explicit deposit fees mentioned by the broker, but users should verify with their payment provider as third-party charges may apply.

However, conspicuously absent are major credit/debit cards and popular e-wallets like PayPal, Neteller (for deposits), or local instant-banking solutions. This limited selection can frustrate traders in regions where wire transfers are slow or e-wallets are not widely available. Moreover, while deposits are generally processed swiftly, some users report unexplained holds on funds even before they start trading, which raises early red flags.

The withdrawal methods list is even narrower: Skrill, PerfectMoney, and Neteller. Notably, bank wire—a deposit option—is absent from the withdrawal methods, though some traders report being able to withdraw to bank accounts after providing extensive documentation. This discrepancy forces many clients into e-wallets they may not prefer or trust, limiting flexibility.

FP Markets does not publicly disclose processing times or fees for withdrawals, stating only that they process requests within a certain window. In practice, user experiences vary wildly. Some receive funds within 24 hours, while others wait weeks or months. The lack of transparency is a significant concern; legitimate brokers typically publish clear cut-off times, processing windows, and any charges upfront.

Our investigation uncovered 91 distinct withdrawal-related complaints against FP Markets, and sentiment analysis of 92 withdrawal mentions shows 73 are negative. That is an 79% dissatisfaction rate. Many complainants report that after a smooth deposit experience, they encounter endless obstacles when trying to access their own money.

A common narrative involves support staff requesting repeated verification documents, then claiming transfers were initiated without providing traceable transaction IDs. One user stated: “It has now been 8 days since my withdrawal was processed, and the funds still have not arrived. My friend is also waiting, it has been 9 days.” Another trader described a 106-day saga: “While you claim this matter is resolved, it actually took 106 days for me to receive my funds.” These are not isolated glitches; they reflect a systemic issue.

One particularly alarming case involves a missing crypto withdrawal. A trader reported: “I made two withdrawals yesterday at the same time. However there's a 100 dollars withdrawal which is missing.” Despite providing exact details, the broker allegedly failed to credit the amount. Crypto transactions are irreversible by design, so such a discrepancy is hard to explain without fault on the broker’s side.

In another case, a client complained: “if you have a little amount they will try to keep it instead of refunding it on your card.” This suggests that FP Markets may stall or stonewall small-balance withdrawals, hoping traders give up. Such behaviour is a classic hallmark of scam brokers—yet FP Markets maintains high Trustpilot ratings, possibly inflated by incentivized positive reviews. We also noted 77 negative mentions out of 92 for deposits & funding, indicating that even depositing can be problematic in some instances.

Funding integrity is the bedrock of any broker. When users report systematic delays, missing funds, and aggressive refusals to pay out profits, the alarm bells should ring loudly. FP Markets holds ASIC and CySEC licenses—normally a sign of legitimacy—but the withdrawal experience contradicts that image.

Our scam-risk assessment assigns FP Markets a low-risk score of 20/100, but that metric alone doesn’t capture the depth of funding dysfunction. The presence of six clone/impersonator sites also suggests that the broker’s brand is targeted by fraudsters, yet the actual entity’s own operations generate similar distrust. Retail traders must weigh the polished platform and supportive marketing against a ground reality where getting your money back can become a prolonged battle.

If you still choose to trade with FP Markets despite these red flags, we advise extreme caution with your deposits and withdrawals. Always start with the smallest possible deposit to test the withdrawal process early—don’t wait until you’ve built up profits. Use a method you trust and keep meticulous records of all transactions, including screenshots of withdrawal requests and correspondence with support.

Escalate immediately if you encounter delays: contact the compliance department, file a formal complaint, and if needed, report to the financial ombudsman in the broker’s regulatory jurisdiction. Consider using third-party arbitration services or joining trader communities to share experiences. Ultimately, if a broker makes you fight for your own money, it’s safer to walk away. FXCanary will continue to monitor funding complaints against FP Markets and update our assessment accordingly.