FP Trading Review 2026: Forex and Multi-Asset CFD Broker Overview

FP Trading is a forex and multi-asset CFD broker operating as FP Trading LLC and related group entities. The brand offers trading across forex, metals, indices, commodities, shares, cryptocurrencies, and ETF CFDs through MetaTrader 4, MetaTrader 5, and cTrader.

FP Trading states more than 1,000 instruments, a USD $100 minimum deposit on Standard and Raw accounts, spreads from 1.0 pips (Standard) or 0.0 pips (Raw), and leverage up to 1:500 on forex. Client protections highlighted by the broker include segregated accounts, Financial Commission membership, and up to $1,000,000 in Lloyd's of London client insurance coverage.

This review of FP Trading examines regulation by entity, account types, spreads and commissions, Islamic accounts, platforms, funding methods, leverage, and client protections.

Risk Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What Is FP Trading?

FP Trading is an online brokerage offering CFD and forex trading through MT4, MT5, and cTrader. Clients can choose between a commission-free Standard account and a Raw account with tighter spreads plus commission. Swap-free Islamic account options are available on both account types across all three platforms.

Core product areas include:

• Forex trading with Standard and Raw pricing models

• Metals, indices, and commodities CFDs

• Share and ETF CFDs

• Cryptocurrency CFDs

• Islamic/swap-free accounts with administration fees instead of overnight swaps

• VPS availability and Expert Advisor support on MT4/MT5

Regulation and Trust

FP Trading operates through a multi-entity structure. Regulatory authorities and licence references stated for the brand include:

Which entity and regulatory framework apply depends on client residency and onboarding route. Traders should confirm their legal counterparty, regulator, and protection scheme before depositing funds.

FP Trading highlights segregated client accounts held with tier-1 banking partners, membership of The Financial Commission for dispute resolution and compensation coverage, and $1,000,000 in client insurance coverage backed by Lloyd's of London.

Account Types and Minimum Deposit

FP Trading offers Standard and Raw accounts, both with a USD $100 minimum opening balance. Both are available on MT4, MT5, and cTrader, support Expert Advisors, mobile apps, and VPS access, and can be converted to Islamic/swap-free status.

Standard Account

The Standard account is designed for traders who want a simple, commission-free cost structure. Spreads start from 1.0 pips, with trading costs built into the spread. Official account pages list maximum leverage up to 500:1, ECN-style pricing, a 0.01-lot minimum trade size, and access to forex, metals, indices, commodities, and digital currencies.

Raw Account

The Raw account is aimed at traders who prefer tighter spreads and transparent commission. Spreads start from 0.0 pips, with commission of about USD $3 per side per lot on forex and metals (currency equivalents apply for non-USD base currencies). Official materials also list up to 500:1 leverage, ECN pricing, 0.01-lot minimums, and the same core instrument coverage as Standard.

Account Type Comparison

Pricing, Spreads and Fees

FP Trading uses variable spreads. Standard accounts have zero commission with costs embedded in the spread. Raw accounts quote tighter spreads plus commission on forex and metals. Indices, commodities, and cryptocurrencies are typically commission-free on both account types, with costs built into the spread.

Overnight swaps on standard accounts are variable, charged at the 5pm EST rollover, with a triple swap once weekly. Live swap rates are available inside MT4/MT5. Deposits and inactivity fees are listed as free. Withdrawals carry no FP Trading fee, although third-party provider or bank fees may apply.

Islamic / Swap-Free Accounts

FP Trading offers Islamic accounts on both Standard and Raw account types across MT4, MT5, and cTrader. Instead of overnight swap interest, eligible instruments may incur a per-symbol administration fee after any applicable grace period.

Examples of administration fees stated by FP Trading include EURUSD $6, GBPUSD $3, and XAUUSD $50 per lot per night, with a five-night grace period on selected FX pairs. Some instruments have no grace period. Islamic status does not apply to symbols not listed on the broker's Islamic fee table; those symbols may still incur standard swaps. Clients request conversion by emailing support after opening an MT4, MT5, or cTrader account, and FP Trading may require proof of faith.

Trading Platforms

FP Trading supports three platforms, giving traders a choice between MetaQuotes terminals and cTrader.

• MetaTrader 4 (MT4): Classic MetaQuotes environment with indicators, charting, and Expert Advisors

• MetaTrader 5 (MT5): Multi-asset MetaQuotes platform with expanded order handling

• cTrader: Alternative platform with advanced charting and execution tools

• Desktop, web, and mobile access across supported environments

• VPS available for automated trading strategies

Markets and Instruments

FP Trading provides access to more than 1,000 instruments across forex, metals, indices, commodities, shares, cryptocurrencies, and ETF CFDs. Instrument availability may vary by account type and platform.

Leverage and Trade Sizes

Maximum leverage varies by asset class. FP Trading states the following caps:

Minimum trade size is 0.01 lots. Maximum trade size is listed as 50 lots. High leverage increases the risk of rapid losses and may vary by entity and product.

Deposits and Withdrawals

FP Trading supports cards, cryptocurrencies, and bank/wire transfers. Funding currencies include USD, EUR, GBP, and PLN. Deposits are listed as free. Withdrawals carry no FP Trading fee, though third-party provider or issuer bank fees may apply. No inactivity fee is stated.

Customer Support

FP Trading states 24/7 multilingual support, with office hours listed Sunday–Friday GMT. Clients can contact the broker by phone (+44 1224 076115), email (support@fptrading.com), and live chat.

FP Trading Pros and Cons

Final Verdict

FP Trading is a multi-asset CFD broker with a broad product range, three trading platforms, and a simple two-account pricing model. Its commercial proposition combines low entry deposits, Raw spreads from 0.0 pips, Islamic account options, and enhanced client-protection messaging through segregated funds, Financial Commission membership, and Lloyd's insurance.

The broker is best understood as a multi-entity group rather than a one-size-fits-all regulatory package. Trading conditions, leverage, and protections depend on which FP Trading entity services the account. Traders should confirm legal counterparty at onboarding, review Raw commission and Islamic admin-fee tables for their main markets, and test execution on MT4, MT5, or cTrader before funding live capital.

Frequently Asked Questions

What is FP Trading?

FP Trading is a forex and multi-asset CFD broker offering 1,000+ instruments through MT4, MT5, and cTrader, with Standard and Raw accounts from USD $100.

Is FP Trading regulated?

FP Trading operates entities under FSC Mauritius (GB26205878), FSCA South Africa (52858), FSRA Saint Lucia (2026-00106), and FSA SVG (126 LLC 2019).

What is the minimum deposit at FP Trading?

Both Standard and Raw accounts can be opened with USD $100 or equivalent.

Which platforms does FP Trading offer?

MetaTrader 4, MetaTrader 5, and cTrader, with desktop, web, and mobile access.

Does FP Trading charge commission?

Standard accounts have no commission. Raw accounts charge about USD $3 per side per lot on forex and metals. Share CFDs carry 0.05%–0.20% per side by market.

What leverage does FP Trading offer?

Up to 1:500 on forex, 1:200 on indices, 1:100 on metals and commodities, 1:50 on digital currencies, and 1:20 on shares.

Does FP Trading offer Islamic accounts?

Yes. Swap-free options are available on Standard and Raw accounts across MT4, MT5, and cTrader, with administration fees instead of overnight swaps on eligible symbols.

What deposit methods does FP Trading support?

Credit/debit cards, cryptocurrencies, and bank/wire transfers in USD, EUR, GBP, and PLN.

Does FP Trading charge inactivity fees?

No inactivity fee is stated. Deposits are free, and withdrawals carry no FP Trading fee, though third-party fees may apply.

How can I contact FP Trading support?

Through live chat, email at support@fptrading.com, and phone at +44 1224 076115. Support is stated as 24/7 multilingual.