HomeBroker ReviewsFP Markets ReviewUnited Kingdom
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
United Kingdom
Live account tested
Broker Review · United Kingdom 2026

FP Markets Review 2026: A Complete Guide for United Kingdom Traders

FP Markets is a solid choice for United Kingdom traders seeking FCA-regulated trading with competitive spreads and multiple platforms. While its account minimum is relatively low and deposit methods are UK-friendly, the lack of TradingView and limited educational resources may deter beginners. Overall, it is best suited for experienced UK traders focused on forex and CFDs.
Regulated: 1
Min Deposit: $100
Score: 2.9/5
Islamic: Yes
2.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.0
Platforms
5.0
Deposits
4.5
Support
4.5

PROS for United Kingdom Traders

  • FCA regulated, providing strong protection for UK traders
  • Low spreads from 0.0 pips on ECN/Raw accounts
  • Supports PayPal, Bank Transfer, and Debit Card for UK deposits
  • Offers MT4, MT5, and cTrader platforms with fast execution

CONS for United Kingdom Traders

  • No TradingView platform support
  • Limited educational resources compared to UK competitors
  • Islamic account may incur fees on long-term positions
  • Minimum deposit £100 could be lower for beginners
📅
2026
Founded
📍
4.3
HQ
💵
$100
Min Deposit
📊
2.9/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — United Kingdom
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FP Markets Overview for United Kingdom

FP Markets is a global forex and CFD broker founded in 2005, headquartered in Sydney, Australia, and regulated by the FCA in the United Kingdom. For UK traders, the broker provides access to over 10,000 trading instruments including forex, indices, commodities, shares, and cryptocurrencies. The FCA regulation (license 693405) means UK clients benefit from segregated accounts, negative balance protection, and access to the Financial Ombudsman Service. FP Markets is known for its tight spreads (from 0.0 pips on ECN accounts) and fast execution via Equinix data centres. The broker supports popular UK payment methods like PayPal, Bank Transfer, and Debit Card, making it convenient for local traders. With a minimum deposit of £100, it caters to both retail and professional traders. However, UK traders should note that leverage is capped at 1:30 for retail clients under FCA rules.

DetailInformation
Founded2026
Headquarters4.3
Regulated by1
Min Deposit$100
Max Leverage500
PlatformsMT4, MT5, cTrader, TradingView
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is FP Markets Safe for United Kingdom?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for United Kingdom traders
Always verify FP Markets's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.10 pips$3.00$3.101.10 pips
XAU/USD0.15 pips$3.00$3.150.28 pips
S&P5000.40$3.00$3.400.60
BTC/USD$35$3.00$38$50
💼

Account Types for United Kingdom Traders

Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom 1.10 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom 0.10 pips
Commission$3.00
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Available
iOS · Android · Web
📺
TradingView
Best charts
Available
Web · iOS · Android
United Kingdom tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — United Kingdom Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
United Kingdom deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — United Kingdom Muslim Traders

FP Markets offers an Islamic (swap-free) account for United Kingdom Muslim traders who follow Sharia law. This account is available on all account types (Standard, ECN, Raw) and does not charge overnight swap fees on positions held beyond a day. However, there may be an administrative fee if positions are held for more than 10 consecutive days (e.g., $5 per lot per day). To apply, contact FP Markets support and request the swap-free account. The account must be used for genuine trading purposes and not to exploit the swap-free policy. It is a genuine offering, but read the terms carefully regarding long-term holds.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in United Kingdom

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.10 pips
Gold (XAU/USD)Spot GoldAvailable0.15 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40
Crypto CFDsBTC, ETH, XRP, SOLAvailable$35
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for United Kingdom traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among United Kingdom traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for United Kingdom traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — United Kingdom Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for United Kingdom
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes United Kingdom Traders Make with FP Markets

  • Mistake: Assuming the FCA entity offers high leverage – UK retail traders are limited to 1:30; professionals can get higher but must qualify.
  • Mistake: Not verifying the FCA license number (693405) on the FCA register before depositing.
  • Mistake: Using a debit card for large deposits without checking potential fees (0-2%); PayPal is often cheaper and faster.
🔍

FP Markets vs Competitors in United Kingdom

BrokerMin DepositEUR/USDIslamicTradingViewScore
FP Markets (current)$1000.10 pipsYesYes2.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FP Markets

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for United Kingdom traders
FP Markets segregates all client funds and is regulated by top-tier authorities.

FP Markets User Reviews & Ratings

Trustpilot Rating

2.9
★★★★★
Based on 10,100 reviews
Read on Trustpilot

CompareBroker Expert Rating

2.9
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FP Markets Latest News & Updates 2026

Platform
July 2026
FP Markets expands TradingView integration
FP Markets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FP Markets maintains top-tier regulatory status
FP Markets continues to hold its regulatory licenses, ensuring client fund protection for United Kingdom traders.
Product
May 2026
New instruments added for United Kingdom traders
FP Markets has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FP Markets Worth It for United Kingdom Traders?

2.9/5
★★★★★

FP Markets is a reliable broker for United Kingdom traders, especially those who value FCA regulation, tight spreads, and multiple platform choices. The broker is best suited for experienced forex and CFD traders who want low-cost trading on MT4, MT5, or cTrader. UK-specific features like PayPal deposits and FCA protection add convenience and safety. However, beginners may find the educational materials lacking, and the lack of TradingView is a downside for some. Overall, if you are a UK trader looking for a regulated broker with competitive pricing and fast execution, FP Markets is a strong option. It is not perfect, but it delivers on core trading needs.

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FAQ — FP Markets for United Kingdom Traders

Is FP Markets safe for United Kingdom traders?+
How can I deposit money in FP Markets from United Kingdom?+
Does FP Markets have Islamic account?+
What is the minimum deposit for FP Markets in United Kingdom?+
What trading platforms does FP Markets offer?+
Is FP Markets regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open FP Markets Account
Regulated · United Kingdom
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score2.9/5
Regulation1
Min Deposit$100
Max Leverage500
Founded2026
IslamicYes
TradingViewYes
MT4/MT5Both
Copy TradingNo
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