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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

4.1
/ 5

FP Trading review

Updated on May 6, 2026
|
2 mins read
Start trading
ur capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs.

Overview

Best Known for Advanced Trading Tools FP Trading is another well-regarded MT4 forex broker that has a range of advanced trading tools and competitive pricing. Alongside an MT4...
See full overview for FP Trading
Countries
+204
Devices
Minimum deposit
$50
Withdrawal fee
$0
Deposit fee
$0
Max insured
Yes
Our Verdict
4.1
/ 5
Commissions & Fees
4.1
/ 5
Deposit & Withdrawal
4.1
/ 5
Customer Support
4.1
/ 5
Account Opening
4.1
/ 5
Regulation & Safety
4.1
/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

 

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

 

See the entire process here.

Pros

  • Excellent customer support with 24/7 availability

  • Competitive spreads and fast execution speeds

  • Comprehensive educational resources including webinars and video tutorials

  • Strong regulatory standing with multiple tier-1 licenses

Cons

  • Limited range of tradable assets compared to some competitors

  • Higher minimum deposit for certain account types

  • No proprietary mobile app (relies on MT4/cTrader mobile)

General details

Type of accounts
Unlimited Demo Accounts
Standard Accounts
ECN accounts
Swap free accounts
Segregated accounts
VIP accounts
Trading platforms
MetaTrader 4
MetaTrader 5
cTrader
Execution Model
DMA
Deposit currency
USD
EUR
GBP
AUD
SGD
NZD
CHF
JPY
CAD
IDR
CNY
Regulatory compliance
ASIC
CySEC
FSA (SV)
FSA
Deposit payment systems
Withdrawal payment systems
Support Languges
English
Arabic
Greek
Indonesian
Spanish
Italian
Malay
Romanian
Thai
French
Japanese
Auto trading
MQL.5 Signals Myfxbook AutoTrade MT4 EA MT5 EA
Contact details
[email protected] +441224076115

Customer reviews

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Accounts

Type of Trading Accounts on FP Trading

FP Trading offers a range of trading accounts to cater to the diverse needs of traders. Each account type has unique features and benefits, ensuring traders can choose an account type that suits their trading goals and preferences.

  • Unlimited Demo Accounts: FP Trading offers unlimited demo accounts for traders who want to test their trading strategies in a risk-free environment. This is an excellent opportunity for beginners to practice their trading skills without risking their money. The demo account is equipped with all the tools and features of the live trading account, making it an excellent learning platform.
  • Standard Accounts: FP Trading’ Standard Account is designed for traders who prefer to trade with variable spreads. This account type offers access to over 10,000 trading instruments, including Forex, indices, commodities, and shares. The minimum deposit requirement for this account type is $100, making it accessible to traders with different budget sizes.
  • ECN Accounts: FP Trading’ ECN Account is an excellent choice for advanced traders who require fast trade execution and tight spreads. This account type offers access to over 60 currency pairs and comes with a commission charge of $6 per lot. Traders on this account can also enjoy the benefits of negative balance protection.
  • Swap-free Accounts: FP Trading offers swap-free accounts for traders who follow Islamic principles. This account type is free from swap fees; no interest is charged for holding positions overnight. This account type also offers access to all the trading instruments available on the Standard Account.
  • VIP Accounts: First Prudential Markets’ VIP Account is designed for high-volume traders who require personalized trading services. This account type offers access to a dedicated account manager, free VPS hosting, and tighter spreads. The minimum deposit requirement for this account type is $50,000.
  • Segregated Accounts: FP Trading offers segregated accounts for traders who want to separate their trading funds from the broker’s funds. This account type provides an extra layer of security for traders and ensures that their funds are safe. The minimum deposit requirement for this account type is $25,000.

 

Frequently asked questions

Find the right answer to your question below.

Is FP Trading safe and trustworthy?

FP Trading is a safe and trustworthy broker that is regulated by both ASIC and CySEC. These are two high profile regulators, giving you peace of mind that your information and money are both safe and secure. High regulation such as this means that the broker complies with strict rules and works transparently.

What trading platforms does FP Trading offer?

One of FP Trading’s plus points is the number of trading platforms it offers to customers. You can choose from industry-standard MetaTrader 4 & 5, as well as Iress, and WebTrader. The app is also useful for on-the-go trading and is available on both iOS and Android. 

However, many users feel that the web platform is a little outdated compared to MetaTrader and could use an upgrade.

How do FP Trading's fees compare to other brokers?

FP Trading offers a low cost trading experience, with tight spreads and low commissions. The Standard account doesn’t charge any commission but the Raw account does, depending on the trade you make. However, these charges are still lower in cost compared to many other brokers. 

What types of accounts does FP Trading offer?

There are several accounts to choose from when signing up with FP Trading. The Standard account is a good choice for beginners. This option doesn’t have any commission charges and offers favorable trading conditions. You can also try the demo option to practice your trading strategies. The Raw account is a good option for more advanced traders, however this account does charge variable commission depending on trades. 

Both of these accounts have tight spreads and a large range of tradable instruments to choose from. Alternatively, there is an Islamic account also. 

By carefully comparing accounts, you can choose the best fit for your needs and preferences.

How good is FP Trading's customer support?

Many users praise FP Trading for its high quality customer support. You can contact a support agent 24/5 via live chat, telephone, or email, and support is available in several languages. Of course, you may experience slight delays during peak times, but this isn’t a regular issue. 

Many users praise the advice from customer service agents and state that their problems are usually resolved quickly.

FP Trading compared with alternative brokers

  • Overall verdict
  • Trading
  • Minimum deposit
  • Maximum leverage
  • Fees
  • Withdrawal fee
  • Deposit fee
  • Safety
  • Top-tier regulators
  • Investor protection
FP Trading
  • Free VPS hosting
  • Specialized trading accounts
Start trading
ur capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs.
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XM
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  • N/A
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