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FP Markets Review & Rating [yyyy]

FP Markets Review & Rating 2024

Visit FP Markets

Sign up to FP Markets and you’ll be given an easy way to trade via the MT4, MT5 or IRESS trading platforms. With tight spreads, high leverage and low minimum deposits, it’s a brand that ensures anyone can get the flexibility they need for their trading.

Offers and new customer experience - Free trial found in this FP Markets review

Due to the brand’s ESMA regulation, it isn’t actually permitted to put on any bonus offers for new customers. However, you will still be given a warm welcome at FP Markets as you can give the service a free 30-day trial, which is something that we didn’t find in our WBroker review. Plus, with full access to all of the powerful analytical tools available here, you’ll quickly get a taste of what FP Markets is all about.

Usability - It’s easy to sign up to FP Markets

FP Markets has made sure that its site offers you a user-friendly yet in-depth introduction to the world of online trading. There is an extensive range of resources here like educational portals, trading blogs and trading knowledge guides, yet everything is kept accessible.

This is something that you’ll recognise upon signing up, as you can register your account in just a matter of minutes by providing some basic personal information. You’ll also get a fast way to enjoy some great trading thanks to the Social Trading option where you can simply copy the trading positions of expert traders.

Accounts - Two account types found in this FP Markets review

You will get the choice of two main account types when you sign up to FP Markets. The Standard Account lets you trade without any commission, and you will get access to spreads from one pip. The Raw Account is commission-based and you’ll get spreads from zero pips here, but pay a fee of £2.25 per side. Other account options include an Islamic account, and you can also get the free demo account for 30 days.

Trading platforms - MT4, MT5 and IRESS featured here

Our FP Markets review found that the brand features three main trading platforms that you can use via your web browser, or download to the desktop of your computer. The first two are the MetaTrader 4 and MetaTrader 5 trading platforms which will be familiar to anyone who read our AvaTrade review.

MetaTrader 4 is the world’s most popular trading platform and it offers an easy way to execute one-click trades as well as accessing powerful features like custom alerts, MarketWatch, and a host of analytical tools and technical indicators.

Those with a little more experience may benefit from the MetaTrader 5 platform, as it features over 80 in-built technical indicators, 44 analytical objects and you can carry out extra tasks like scalping, strategy testing and use the Extra Market Depth feature.

The IRESS trading platform is also worth taking a look at, as it has a range of sophisticated technologies helping you manage multiple portfolios, link modules and enjoy a fully customisable interface.

Trading payments - Good choice of deposit options

FP Markets lets you open up a Standard or Raw Account with a minimum deposit of just £100 which is much lower than some other trading sites. To do this, you can use a wide variety of deposit options.

For UK customers, this means you can make a payment in GBP via Visa, Mastercard, Skrill and Neteller, although there is also the PayPal logo featured on in the FP Markets site footer. You’ll find that deposits go through instantly for MetaTrader, while they may take up to one working day for IRESS users.

One highlight of this FP Markets review is the fact that you won’t face any deposit fees at this site. The brand also won’t charge you for making withdrawals, but you may face charges from your payment provider. Withdrawals are usually processed on a same-working-day basis.

Fees - Minimal charges found in this FP Markets review

FP Markets is a trading site that manages to keep any fees to a bare minimum. You will pay zero fees for making deposits or withdrawals and there are also no account inactivity fees here.

The fees applied for most kinds of trading will be minimal and on a par with those we found in our TMGM review. This means that the costs will be included in the spread of your trade for Standard accounts, with just a minor fee of £2.25 per side applied for those of you who opt for a Raw account.

Customer service - Get help via live chat, email and phone

FP Markets gives you a good example of what you should be looking for in terms of customer service at a trading site. You can get in touch with the brand 24 hours a day on weekdays, although the service is more limited on weekends.

The easiest way to get in touch is to use the live chat tool on the website, although there is also a free telephone number and email support. Don’t forget to check the brand’s FAQ that contains a wealth of articles about all aspects of the site including account creation, trading, withdrawals and much more.

Regulations - Reasons to trust FP Markets

While FP Markets isn’t regulated by the FCA, it is regulated by other major financial authorities including the Cyprus Securities and Exchange Commission (CySEC). As a result, you can trade here with the benefits of high-level oversight including negative balance protection and the strict segregation of client funds. In addition, our FP Markets review found that there are regular third-party audits and a range of risk-management procedures in place.

Additional features - Other highlights from this FP Markets review

FP Markets has one of the most expansive trading platforms that we’ve come across. You can trade over 10,000 instruments here and these cover the full range of asset classes.

Most people will sign up to FP Markets for forex trading, but you can also trade crypto CFDs, stock CFDs, government bonds, indices, commodities and ETFs as well.

FP Markets review FAQ

Can you use FP Markets in the UK?

Yes, you can sign up to FP Markets in the UK and make your deposits and trades in GBP. Just note that the brand isn’t regulated by the FCA.

How do I withdraw from FP Markets?

You can withdraw via the same payment methods used for your deposits. These include major credit and debit cards, as well as popular ewallets.

What can I trade at FP Markets?

You can trade forex, bonds, indices, ETFs, commodities and CFDs for stocks or cryptocurrencies.

Conclusion - Impressive findings in this FP Markets review

FP Markets gives you an excellent way to trade from the UK. The brand features a vast range of instruments and it’s got a strong coverage of everything from forex to CFDs for cryptocurrencies and stocks. With full regulation, low deposits and tight spreads, it has all you need to enjoy quality online trading. Get the 30-day free trial and see what FP Markets is all about.

Forex Vertical


  • All major currency pairings
  • Decent leverage
  • Many minor and exotic pairs

Forex trading offer - Over 70 currency pairings here

FP Markets lets you trade all of the major forex pairings you’d expect like GBP/USD, GBP/EUR and so on. But you’ll also find over 70 other pairings here to take in everything from INR and AUD to MXN and PLN.

Forex trading costs - Minimal costs

You’ll face minimal costs at FP Markets for forex trading. Any costs for the Standard Account will be absorbed into the spread, while there is a cost of just £2.25 per side for the Raw Account type. Plus, with the ability to trade on spreads from 0.0 pips and leverage options up to 500:1, it offers plenty of quality for all levels of trader. Just note that maximum leverage might be unavailable to UK customers.

Forex trading conditions - Enjoy forex trades 24/5

FP Markets lets you carry out forex trades from 0.1 lots at a time. The forex markets at FP Markets are open 24/5, and you’ll benefit from fast execution thanks to the Equinex servers. Extra options include the ability to go long or short, and you can access pre-open price action and enjoy scalping on the MT5 platform.

Conclusion - A competitive forex trading site

FP Markets has most things that you should be looking for in your forex trades. With high potential leverage, tight spreads and a full range of major and minor currency pairings, there’s plenty to be enjoyed when forex trading at FP Markets.

 Crypto Vertical


  • 12 cryptocurrencies featured
  • Trade crypto CFDs
  • Volatile market conditions

Crypto trading offer - Full range of major cryptos

FP Markets lets you trade on the value of a dozen different cryptocurrencies as CFDs. These include major crypto coins like Bitcoin and Ethereum, although you will also be able to trade CFDs for more unique coins ranging from Cardano to Solana.

Crypto trading costs - Minimal crypto trading fees here

You won’t face any direct costs when you trade cryptos at FP Markets. This is because each cost will be included within the spread, regardless of whether you are using the Raw or Standard Account type.

Crypto trading conditions - Understanding how CFDs work

It’s important to note that you don’t directly trade cryptocurrencies at FP Markets. Instead, you will be trading via a Contract For Difference (CFD). This means that you don’t need to use a crypto wallet and you can trade on the prices of the crypto rising or falling. Plus, with low spreads and generous leverage, it can help you maximise the volatility of crypto markets.

Conclusion - Good place for crypto newcomers

FP Markets has given you a good place to start if you are new to crypto trading. The fact that it uses CFDs means that you don’t have to actually own any cryptocurrency, instead you’ll speculate on the price movements. It’s a great way to diversify your investment portfolio.


Trading Platform
Account Types
Customer Support


9 /10


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