FP Markets UK is one of the best trading platforms, known for its low trading costs, direct market access, and variety of account types.
It caters to both beginners and experienced traders looking for flexibility, fast execution, and access to global financial markets.
In this FP markets UK review, I’ll walk you through everything I’ve tested myself, from fees and tools to the FP markets app, minimum deposit, client portal, and withdrawal process.
My verdict on FP Markets UK
FP Markets UK is a serious choice for forex traders who want direct market access, low spreads, and fast execution.
It’s especially strong for active users, thanks to the commission-based raw accounts, a responsive client portal, and support for powerful platforms like MetaTrader and cTrader.
After using the platform myself, I found the FP Markets app simple enough for beginners but still packed with features that seasoned traders will appreciate.
Besides the nice interface, the account types, competitive spreads, and fast withdrawals give it an edge over many other brokers.
While it may not be the flashiest platform visually, it’s built for performance. If you’re serious about forex trading, FP Markets UK delivers as one of the best forex brokers of 2026.
Pros and cons of FP markets UK
Pros
- Tight spreads from 0.0 pips on Raw accounts, ideal for scalping and high-frequency strategies.
- Commission-free Standard account option with competitive spreads for low-volume traders.
- Supports MetaTrader 4, MetaTrader 5, cTrader, IRESS, and even TradingView, which adds flexibility depending on how and where you like to trade.
- FP Markets offers over 10,000 trading instruments, including forex, shares, indices, crypto, and ETFs.
- Regulated by top-tier bodies like ASIC and CySEC, which adds real confidence to where your client funds are held.
- Free demo accounts for beginners to test strategies without risking real money.
- Minimum deposit of just $100 AUD or equivalent, plus no inactivity fees.
Cons:
- IRESS ViewPoint incurs monthly platform fees unless you meet minimum trading volume.
- Some advanced tools like VPS hosting and Autochartist are only available to active traders.
- The FP Markets website layout could feel outdated if you’re used to modern UI design.
- Copy trading tools are available, but less developed compared to some niche platforms.
- While FP Markets shines in execution and pricing, newer traders might find the platform range slightly overwhelming at first.
What is FP Markets?
FP Markets (short for First Prudential Markets) is a global forex broker and CFD trading platform founded in 2005, with headquarters in Sydney, Australia.
It offers access to over 10,000 trading instruments across global markets, including forex trading, shares, commodities, indices, and crypto.
Also, it’s regulated by top-tier authorities, including the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), which gives traders solid confidence in the platform’s oversight.
Over the years, it has grown well beyond Australia, now operating in regions like Cyprus, South Africa, Kenya, Seychelles, and the Bahamas.
From my experience, it’s a reliable option for active traders who value fast execution, low costs, swap-free accounts, and a wide range of account types.
FP Markets UK Review
Based on what I tested first-hand, let’s dive into the full breakdown of how FP Markets UK performs across fees, features, platform experience, education, and more.
Fees
FP Markets is one of the few brokers that offer both commission-free and commission-based models, which is a real plus depending on how you trade.
The Standard account comes with spreads starting at 1.0 pip, no commission, and is great for beginners.
On the other hand, the Raw account delivers spreads from 0.0 pips, with a $3 per side commission that makes more sense for high-volume traders or scalping strategies.
There are no inactivity fees, and deposits are free. As for withdrawals, they vary depending on the method. I had no issues when testing FP Markets withdrawal options via card, e-wallets, or bank wire transfer, although international bank wire may involve third-party charges and applicable swap fees depending on open positions.
Here’s a breakdown of FP Market’s fees and minimum deposit requirements in both types of accounts:
| Type | Standard account | Raw account |
| Minimum deposit | $100 AUD | $100 AUD |
| Spreads | From 1.0 pips | From 0.0 pips |
| Commission | $0 | $3 per side ($6 round trip) |
| Inactivity fee | None | None |
| Deposit fees | Free | Free |
| Withdrawal fees | May apply (varies by method) | May apply (varies by method) |
Overall, I found the FP Markets fees fair and transparent, especially compared to other platforms I’ve used.
Forex spreads on FP Markets UK
If you’re trading forex with FP Markets, spreads are one of the first things to look at. The broker provides two main account types:
- Standard Account: Commission-free trading with slightly wider spreads.
- Raw ECN Account: Tighter spreads starting from 0.0 pips, with a commission of $3 per side ($6 round trip).
Here’s a comparison of typical spreads for major currency pairs:
| Currency pair | Standard account spread (pips) | Raw account spread (pips) |
| EUR/USD | 1.0 | 0.0 |
| GBP/USD | 1.0 | 0.0 |
| USD/JPY | 1.0 | 0.0 |
| AUD/USD | 1.0 | 0.0 |
CFD Spreads on FP Markets UK
FP Markets UK also offers tight spreads across a wide range of CFD markets, including indices, commodities, and crypto. Below are examples of typical spreads for select CFDs:
| CFDs | Typical spread |
| S&P 500 Index | 0.6 points |
| FTSE 100 Index | 1.0 point |
| Gold (XAU/USD) | 0.13 points |
| Crude Oil (WTI) | 0.04 points |
| Bitcoin (BTC/USD) | $10 |
| Ethereum (ETH/USD) | $1 |
Note: cryptocurrency spreads can be higher due to market volatility.
Investments available
FP Markets is primarily known for forex trading, and that’s where it really shines.
The platform gives access to over 70 FX pairs, including major pairs, minors, and exotics, with tight spreads and lightning-fast execution. If you’re a forex trader, it ticks all the boxes for speed, pricing, and liquidity.
Beyond forex, I found a solid lineup of trading assets and instruments:
- Global shares CFDs: Gain access to over 10,000 global stocks from exchanges such as NYSE, NASDAQ, ASX, LSE, and more.
- Indices: 19 major global indices are available, including S&P 500, NASDAQ 100, FTSE 100, and AUS200.
- Commodities: Precious metals like gold, silver, oil, coffee, and natural gas are among the options available in the commodities market.
- Cryptocurrencies: From major coins like Bitcoin and Ethereum to other digital currencies such as XRP, Bitcoin Cash, Litecoin, Dogecoin, Polkadot, and Solana.
- ETFs: FP Markets is one of the best ETF brokers in the UK right now, offering over 2,290 ETF CFDs across various sectors and regions.
- Bonds: Trade CFDs on US and UK government bonds, such as the US 10-Year Treasury Note and UK Long Gilt.
All of them are available through both standard and raw accounts, so you can tailor the experience to your trading style.
And since FP Markets is a multi-regulated CFD broker, I had no concerns when trading any underlying asset, which is a big plus.
Trading tools
FP Markets UK provides a full toolkit for traders of all experience levels. The available features support everything from basic charting to advanced trading strategies across forex, shares, CFDs, and more.
MetaTrader 4 (MT4)
MT4 remains one of the most trusted trading platforms for forex traders. It includes 30+ built-in indicators, nine timeframes, and full Expert Advisor support.
FP Markets UK boosts its performance with low-latency execution and Raw or Standard accounts, making it ideal for scalping, hedging, and automated strategies.
MetaTrader 5 (MT5)
MT5 expands on MT4 with 38 indicators, 21 timeframes, 6 order types, and advanced trading tools for more precise market analysis. It adds Depth of Market, built-in economic calendars, and multi-threaded EA testing.
For users trading stocks or ETFs in addition to forex, MT5 is the best choice thanks to its multi-asset flexibility and speed.
cTrader
cTrader is designed for traders who want clean visuals, lightning-fast execution, and institutional-level features. It includes Level II pricing, detachable charts, and cAlgo for custom automation in C#.
It also supports copy trading, making it a solid pick for active traders and algorithmic trading setups using the Raw Account.
IRESS
IRESS is tailored to professional equity and CFD traders. It offers real-time market depth, advanced order types, and streaming quotes for global stocks. Integrated newsfeeds and custom alerts enhance its appeal.
While monthly fees and a higher minimum deposit apply, serious traders benefit from its direct market access and rich analytics.
TradingView Integration
With TradingView, FP Markets UK lets you trade directly from the industry’s most popular charting platform.
You get over 100 indicators, multi-chart layouts, drawing tools, and access to a global community of traders.
This is perfect for anyone who values a web platform with browser-based analytics and collaborative, visual trading strategies.
Trader Toolbox
The Trader Toolbox enhances MT4 and MT5 with high-performance plugins. It includes tools like Alarm Manager, Sentiment Trader, and Market Manager for better risk control, trade execution, and market monitoring.
It’s ideal for traders who want more power without switching platforms or installing third-party apps.
VPS Hosting
FP Markets UK offers VPS hosting to ensure 24/7 uptime for automated strategies. Hosted close to its trading servers, the VPS minimizes latency and disconnects, which are essential for EAs and scalping.
The service is free for active traders who meet volume criteria, providing reliable infrastructure for serious trading setups.
Features
FP Markets UK is built for performance, especially if you’re focused on forex trading.
It supports scalping and Expert Advisors (EAs) across MetaTrader platforms, with fast execution speeds averaging 29ms, which is one of the fastest I’ve used.
For automated trading, the broker offers VPS hosting to reduce latency. Regarding the maximum leverage allowed, it is up to 500:1, which can be powerful for experienced traders.
The choice of FP Markets trading platforms is another standout: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS, and full TradingView integration. I found the charting tools on TradingView especially helpful when combining manual analysis with copy signals.
Speaking of that, copy trading is available through Myfxbook AutoTrade and cTrader Copy, allowing traders to easily follow proven strategies. That’s why the platform is also among the best copy trading platforms in the UK.
All features work seamlessly across both standard and raw accounts, which keeps things simple even when juggling different trading instruments.
Educational resources
FP Markets UK has one of the most well-rounded educational hubs I’ve seen from a CFD broker.
There’s an actual learning path here, especially useful for beginners building confidence or retail traders refining their trading skills.
There are structured video courses that cover forex basics, risk management, and trading psychology.
I also found the live webinars particularly useful, as they’re hosted regularly, and the multilingual options are a plus if English isn’t your first language.
The platform also runs its own FP Markets Podcast Series, which is perfect for catching up on trading insights and expert guidance while on the move.
You’ll also find platform tutorials for MT4, MT5, and cTrader, along with a full library of ebooks, trading guides, and a well-structured trading glossary for understanding key terms without needing to search elsewhere.
User experience
FP Markets UK runs smoothly from start to finish, and that’s not just about the trading platforms.
The Client Portal is clean, fast, and easy to use. You can manage your trading account, upload documents, check funding status, and view transaction history without digging through endless menus.
The layout makes sense, and I didn’t run into any friction when navigating between sections. Compared to other brokers I’ve tested, the overall user-friendly interface makes account management feel quick and under control.
What also stands out is the reputation. On Trustpilot, over 8000 users have rated FP Markets “Excellent,” often pointing to the reliability of the platform and the quality of customer support.
Security
FP Markets is heavily regulated in several jurisdictions, but not by the UK Financial Conduct Authority.
and operates under several well-established financial authorities, including ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), and CMA (Kenya).
These regulatory bodies enforce strict standards on capital requirements, fund segregation, and operational transparency.
One feature that gave me extra peace of mind is the Investor Compensation Fund (ICF) under CySEC. It covers eligible retail clients up to €20,000 in the unlikely event that the broker defaults. It’s a strong backstop, especially for users under European regulation.
Funds are also held in segregated accounts with top-tier banks, separate from FP Markets’ operational capital.
The platform adds more layers of protection through two-factor authentication, real-time fraud monitoring, and encrypted payment gateways.
Mobile app
The FP Markets app is simple, fast, and well-suited for trading on the go. I was able to monitor the markets, place trades, and manage my trading account without needing to switch to the desktop version.
The layout is intuitive, with a clean interface and responsive design that makes it easy to use on smaller screens.
You can trade over 70 currency pairs as well as CFDs on stocks, commodities, indices, and engage in crypto trading. There’s also a customizable favorites list, which helps you track preferred instruments more efficiently.
I also appreciated being able to deposit funds or request a withdrawal directly from the app. It saves time and avoids the need to log into the full client portal.
For beginners, there’s a 30-day demo account, which is perfect for testing strategies in a risk-free environment before committing real money.
FP Markets customer satisfaction
FP Markets enjoys a solid reputation among both beginners and seasoned traders, and the feedback I’ve seen backs that up.
On Trustpilot, the platform holds a 4.9 out of 5 rating based on thousands of reviews, with many users praising its exceptional support, ease of use, and reliability.
For example, Harriet wrote:
“I use this broker to practice with a demo account. It’s amazing because you can put whichever amount you want into the demo, making it easier to practice with a realistic amount.”
This shows how well the demo account is designed for learning in a risk-free environment.
Mariana Constantin made clear that the platform delivers on great customer service, saying:
“Excellent broker, I totally recommend it. My experience is positive, also from customer service point of view – quick, professional and the aim is to solve as soon as possible the problems.”
Also, a long-time trader like Maurizio showed his satisfaction with the service:
“I must say that I never, ever had a problem with this broker… With FP Markets everything has been running very very smoothly.”
That level of consistency is exactly what raw account holders and active traders are looking for.
From what I’ve seen, the experience aligns with the feedback. It’s a platform that meets expectations and keeps traders focused on what matters: the markets.
How to trade with FP Markets
Getting started with FP Markets doesn’t take long, but there are a few steps you’ll need to complete before entering your first position.
Register your account
To begin, head to the FP Markets registration page and click on “Open Live Account.” The form asks for your basic details like name, email, phone number, and country of residence.
Then you’ll choose your account type. If you’re just starting out, I recommend the Standard Account, because it’s commission-free and easier to manage. However, if you are an experienced trader or scalper, you might prefer the Raw Account for its tighter spreads that align with specific trading goals.
As part of the account opening process, you’ll need to upload an ID and a proof of address. I used my passport and a recent utility bill, and my account was verified within a few hours.
Deposit funds
Once your account is approved, log into the client portal and select “Deposit.” FP Markets supports several payment methods such as credit/debit cards, bank transfers, Skrill, Neteller, and others depending on your region.
The minimum deposit is AUD $100 or the equivalent in your base currency, and I found card payments to be the quickest option.
You can track everything easily from the dashboard, including pending transfers and your available balance.
Download the trading platform
Now it’s time to install your trading platform. FP Markets supports MT4, MT5, cTrader, and TradingView. I used MT4 for this walkthrough.
You can download it from the FP Markets website, then log in using the credentials sent to your email. Be sure to select the correct server when logging in, such as “FPMarkets-Live.”
Once inside, click “View” and “Market Watch” to see all available instruments. Right-click to “Show All” and display the full extensive range of assets, including currency pairs, stocks, indices, crypto, and more.
Place a buy order
Let’s say you want to trade EUR/USD. Find it in the symbol list and double-click. A new order window will pop up.
Set your trade volume (for example, 0.10 for a mini lot), and if you want, enter your Stop Loss and Take Profit levels. When ready, click “Buy by Market” to open the trade.
Then, you’ll hear a sound confirming it’s active. You can monitor it in the “Trade” tab, and close it manually at any time by right-clicking and selecting “Close Order.”
And these would be all the steps to trade with FP Markets.
If you’re not ready to risk real capital, FP Markets also offers a free demo account. It works just like the live version, letting you test trading strategies in a risk free environment without depositing any money.
Is FP Markets safe?
From what I’ve seen, FP Markets is not just compliant, it’s well-structured for long-term trust.
The broker has been operating for over a decade without major incidents, which says a lot in this industry. It’s also publicly audited, and I found its transparency around fees and trade execution solid.
I didn’t encounter any red flags during registration, withdrawals, or platform use, and I’ve tested enough brokers to know when something feels off.
For traders seeking a stable, well-run broker, FP Markets is a reliable choice with strong operational practices.
Methodology – How we assessed FP Markets
The methodology I followed when testing FP Markets and writing this review was based on these points:
- Regulation and safety: I prioritized platforms regulated by top-tier authorities. FP Markets is licensed by ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), and other regional bodies, ensuring proper client fund segregation and compliance with international standards. I also looked into how safe the platform feels during registration and withdrawals.
- Range of instruments: The broker provides access to over 10,000 instruments, including forex trading, commodities, shares, crypto, indices, ETFs, and bonds. I paid close attention to the coverage across markets, especially the quality of execution when trading forex, where FP Markets is strongest.
- Fees and spreads: I tested both the Standard and Raw accounts to compare spreads, commissions, and FP Markets rebates. I also checked for any hidden costs, like inactivity or withdrawal fees. The FP Markets minimum withdrawal varies by method, so I verified how transparent the process was during testing.
- Trading platforms and tools: I explored MT4, MT5, cTrader, TradingView, and IRESS to evaluate speed, charting tools, and customizability. I also examined tools for trading strategies, like EAs, VPS hosting, and integrated analytics.
- Minimum deposit and accessibility: The broker has a minimum deposit of AUD $100, which is beginner-friendly. I also looked at funding options, ease of use, and the account opening process to make sure it works well for both new and experienced users.
- Demo account: I personally tested the demo account to check how close it feels to the real trading experience. It’s a good tool for trying out strategies and understanding the platform before risking capital.
- Mobile trading: After downloading FPMarkets app on iOS and Android, I could test features like trade execution, charting, and depositing funds directly from the phone. I also checked how smoothly the app synced with the web and desktop platforms.
- Customer support: Live chat and email support were tested across multiple queries. I rated the response time, professionalism, and how quickly they resolved simple and technical issues. For me, customer support is one of FP Markets’ strong points.
Conclusion – FP Markets review
After testing every corner of FP Markets, I can say it stands out as a reliable and well-rounded broker, especially for traders focused on forex and CFDs.
It combines competitive pricing, flexible FP Markets’ account types, and an excellent mix of trading platforms, including MetaTrader, cTrader, and TradingView.
The client portal is smooth to use, and I appreciated how simple the registration and funding process was.
Customer support was professional and fast, which reflects well on the broker’s commitment to service.
I didn’t experience any issues with deposits, platform use, or withdrawals, and I found the app solid for mobile trading.
Backed by top regulators and designed to suit both new and active traders, First Prudential Markets delivers where it counts.
From competitive trading conditions to features and safety, FP Markets earns its spot among the best CFD brokers in 2026.
FAQs
Does FP Markets accept US clients?
Is FP Markets trustworthy?
Is my money safe with FP Markets?
How long does it take to withdraw money from FP Markets?
References
- Equity CFDs? The Basics of Trading CFDs Explained | FP Markets | 2020
- How to Manage Your Risks in CFD Trading | FP Markets | 2020
- Forex Trading: An Introduction to the Power of Market Correlations | FP Markets | 2020
- FP Markets Wins Treble at The Global Forex Awards | FP Markets | 2024
- MetaTrader 5: How to Unlock Hidden Time Frames & Markets | FP Markets | 2022
