Profile
FairMarkets review explores a globally regulated multi-asset broker offering forex, indices, and commodities through advanced MetaTrader platforms. Known for its tight spreads, zero-commission accounts, and strong compliance credentials, FairMarkets serves both retail and professional traders via its entities in Australia and Mauritius.
Regulation and Safety
FairMarkets is regulated by:
- ASIC (Australia) – FairMarkets Trading Pty Ltd, AFSL number 424122
- FSC Mauritius – FairMarkets International Ltd, license number GB20025799
The broker adheres to strict fund segregation policies, maintains client assets with tier-1 banks, and complies with financial reporting under its regulatory jurisdictions. Australian clients receive additional assurance through oversight by the Australian Securities and Investments Commission.
Execution Model and Trading Platforms
FairMarkets operates a No Dealing Desk (NDD) model with straight-through processing (STP) to its liquidity providers. Features include:
- MetaTrader 4 (MT4 – desktop, web, mobile)
- MetaTrader 5 (MT5 – multi-asset support)
- FIX API – available for institutional clients
- VPS hosting – upon request for low-latency strategies
All platforms support automated trading, custom indicators, and one-click execution.
Markets and Instruments
FairMarkets offers 120+ instruments across key asset classes:
- Forex – 50+ currency pairs including majors, minors, and exotics
- Indices – global benchmarks like SPX500, GER40, AUS200
- Commodities – gold, silver, crude oil, natural gas
- Shares – selected US and European equities (MT5 only)
- Cryptocurrencies – BTC, ETH, LTC, XRP (limited to offshore clients)
Accounts, Spreads and Leverage
FairMarkets offers two main account types:
- Premier Account – Raw spreads from 0.0 pips, $3.50/side commission
- Executive Account – No commissions, spreads from 1.0 pips
Key trading conditions include:
- Minimum deposit: $100
- Leverage up to 1:500 (FSC Mauritius); up to 1:30 (ASIC-regulated retail)
- Stop-out level: 50%
- Islamic account option: available
Funding and Base Currencies
FairMarkets supports the following base currencies: USD, EUR, AUD, GBP. Deposit and withdrawal options include:
- Bank wire transfer
- Credit/debit cards
- Skrill, Neteller, Perfect Money
- Crypto wallets (under Mauritius entity only)
Deposits are processed instantly for most e-wallets. Withdrawals are usually completed within 1–2 business days.
Client Protections and Features
FairMarkets provides several layers of client protection:
- Negative balance protection (for retail clients)
- 2FA authentication on client portal
- Encrypted transactions and account segregation
- Compliance with AFSL reporting and audit requirements
FairMarkets does not participate in FSCS or ICF schemes, but ASIC and FSC provide strong oversight mechanisms.
Institutional and Retail Offering
FairMarkets supports retail traders, high-net-worth clients, and small institutions. Institutional features include:
- FIX API access
- Custom liquidity solutions
- White-label partnerships
- VPS hosting and advanced analytics tools
The broker does not offer full prime brokerage but has infrastructure suitable for prop firms and IBs.
Pros and Cons
Pros
- ASIC-regulated with strong fund security
- MT4, MT5, and FIX API support
- Raw spreads from 0.0 pips
- Crypto and share trading available (MT5)
- Low minimum deposit of $100
Cons
- No FSCS or ICF compensation scheme
- Crypto not available under ASIC license
- Limited educational content and analysis tools
- Restricted leverage for Australian retail clients
Frequently Asked Questions
Is FairMarkets regulated?
Yes, FairMarkets is regulated by ASIC in Australia (AFSL 424122) and by the FSC in Mauritius (GB20025799).
What trading platforms does FairMarkets offer?
FairMarkets provides access to MetaTrader 4, MetaTrader 5, and FIX API for institutional integration.
What is the minimum deposit to open an account?
The minimum deposit for both Executive and Premier accounts is $100.
Does FairMarkets offer cryptocurrency trading?
Yes, cryptocurrency CFDs are available via the MT5 platform for clients outside ASIC jurisdiction.
Is there negative balance protection?
Yes, FairMarkets offers negative balance protection for all retail clients.