FP Markets vs Trade Nation

FP Markets or Trade Nation – which is better for UK traders 2026? Compare FP Markets and Trade Nation in this detailed breakdown of their platforms, features and fees.

FP Markets vs Trade Nation Comparison Table 2026
FP Markets Trade Nation
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4
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4.4
FP Markets is ranked #41 among CFD brokers. Trade Nation is ranked #4 among CFD brokers.
Review
Review
Founded in 2005 in Australia, FP Markets is a broker regulated by both ASIC and CySEC. It offers a wide range of tradable assets and provides Standard and Raw accounts suitable for traders of all levels. The platform excels in tools, featuring the MetaTrader suite, user-friendly TradingView, and practical insights from Trading Central and AutoChartist. Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas.
67.3% of retail investor accounts lose money when trading CFDs with this provider.
Pros
  • FP Markets provides an excellent range of trading options, thanks to its broadened commodities offerings and support for more than 10,000 stocks.
  • FP Markets stands out as a highly accommodating broker for platform selection, offering MetaTrader, cTrader, Iress, and the more recent addition of TradingView.
  • FP Markets provides swift and reliable support, accessible 24 hours a day, five days a week, with average response times under one minute during tests.
  • FP Markets offers a smooth onboarding process, featuring cryptocurrency deposits and a choice of more than 10 base currencies, appealing to traders worldwide.
  • FP Markets now offers advanced research tools from Trading Central and Autochartist. These tools assist traders in spotting short-term opportunities by analysing chart patterns, indicators, and other technical elements.
  • FP Markets Intelligence now includes AI-driven sentiment analysis, trading signals, and real-time NewsIQ research, integrated into MT4 and MT5.
  • Trade Nation's 2026 alliance with Volt has streamlined payments for Australian traders, enabling instant deposits and withdrawals via PayID. Faster payout features are also anticipated for UK and EU clients.
  • The broker expanded into Europe by launching regulated online trading services, after securing authorization from Portugal's CVMV, enhancing safety measures for European residents.
  • During tests of the TN Trader account in standard market conditions, fixed spreads remained stable. Major forex pairs experienced prompt order fills, albeit with slight entry level drift as prices fluctuated between click and execution.
  • Trade Nation accounts can now connect to TradingView, offering enhanced multi-chart functionality and direct trade execution.
  • The demo includes a £5,000 practice account, and you can request a personalised platform walkthrough via callback. This level of individual assistance is uncommon.
Cons
  • The Raw account offers excellent pricing. However, the Standard account has wider spreads, averaging 1.1 pips on EUR/USD, which lags behind the competitive 0.8-pip spread at IC Markets.
  • FP Markets’ Iress platform is exclusively available to Australian clients. The platform is geared towards stock trading rather than forex. Data fees may accumulate quickly unless you are an active trader or hold a high-balance account.
  • FP Markets falls short of leading MetaTrader brokers. Although it provides a Trader's Toolbox on MT4, it offers only 130 instruments, restricting opportunities for serious traders. In contrast, Pepperstone offers 1,300 assets.
  • Traders Hub offers valuable resources such as the Daily Report, Technical Report, Market Insights, and Fundamental Analysis. Yet, it should diversify its daily content and ensure its forex news remains current to compete with market leaders like IG.
  • Offshore SCB and FSA firms offer retail investors leverage up to 1:200 and 1:500. In contrast, regions like the UK, Europe, and Australia cap leverage at 1:30. Thus, an FSA client can access 16 times more exposure than a UK retail client on identical trades. However, this comes with reduced oversight and no compensation schemes.
  • The FCA, CMVM, and ASIC clients are ineligible for the 2–20% rebate scheme. Consequently, active traders in these areas cannot receive transaction rebates.
  • There is no raw or ECN pricing tier, often favoured by traders. Regardless of your deposit or trading volume, you receive the same fixed (or variable on MT4) pricing as novices, rendering it particularly unsuitable for scalpers.
  • Withdrawals may take up to five business days, aligning with industry norms. However, this is slower compared to the 1-3 days many brokers now offer to minimise complaints from retail investors.
Awards
  • Best Spread Betting Provider 2026 - Online Money Awards
  • Best Forex and CFD Broker in the UK 2025 - TradingView Broker Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only)
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Payment Methods
Minimum Trade
0.01 Lots 0.1 Lots
Regulator
ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya FCA, ASIC, CMVM , FSCA, SCB, FSA
Mobile Apps
iOS & Android iOS & Android
Trading App
FP Markets lacks a proprietary web or mobile app, which may deter beginners. Yet, mobile versions of MT4/MT5, cTrader, and TradingView provide real-time quotes, advanced charts, account management, and order execution. Australian clients gain exclusive access to the Iress mobile platform, featuring advanced analytics, module linking, and portfolio management.
iOS App Rating
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4
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4.5
Android App Rating
rating empty
rating full
4
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4.5
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes Yes
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
FP Markets has launched its own social copy trading platform and provides access to the MetaTrader signals market. Additionally, it supports Myfxbook, making FP Markets a strong choice for social copy trading. Despite the platform being less user-friendly than cTrader Copy, these features enhance its appeal for traders. Trade Nation Seychelles provides signals and copy trading, appealing to novices and those preferring a passive trading strategy. Capitalise on experienced traders' insights to engage in popular financial markets like forex, stocks, and commodities.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • SEK
  • NOK
  • DKK
Commodities
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Soybeans
  • Corn
  • Wheat
  • Steel
  • Iron
  • Cocoa
  • Cotton
  • Sugar
  • Coffee
  • Gold
  • Silver
  • Aluminium
  • Copper
  • Zinc
  • Oil
CFD
FP Markets provides CFD trading across an excellent range of financial instruments, including stocks, major global indices, commodities, metals, cryptocurrencies, and bonds. Traders benefit from competitive spreads, rapid execution, and leverage up to 1:500, supported by top-tier liquidity. This ensures a smooth and efficient experience for short-term market participants. Trade leveraged CFDs on 1,000+ assets, benefiting from competitive spreads. Utilise the broker's integrated signals to decide optimal entry and exit points.
Leverage
1:30 (UK), 1:500 (Global) 1:30
FTSE Spread
1.64 From 0.4
GBPUSD Spread<
1.9 average From 0.6
Oil Spread
0.04 From 3.0
Stocks Spread
Variable Variable
Forex
FP Markets is an outstanding choice for forex enthusiasts, offering more than 70 currency pairs, with an expanded range of exotic options. Traders benefit from competitive pricing, with average spreads as low as 0.1 on EUR/USD in the Raw account. Trade Nation provides more than 30 popular forex pairs with variable spreads. Traders can choose between a user-friendly proprietary platform and MetaTrader 4. Real-time forex market updates and insights are available through 'Smart News'.
Assets
70+ 33
GBPUSD Spread
0.2 Variable
EURUSD Spread
0.1 Variable
EURGBP Spread
0.3 Variable
Currency Indices
  • USD
Cryptocurrency
FP Markets offers CFDs on major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Traders can engage in speculation on price fluctuations through these derivatives. However, direct coin ownership is not provided. Additionally, emerging tokens for avid crypto traders are not available on FP Markets. The broker’s Bahamas entity facilitates access to cryptocurrencies. Traders can utilise a vast array of indicators to customise their strategies, with transparent pricing and no hidden fees.
Spread
17.3 (Bitcoin) Fixed
Coins
  • ADA
  • BCH
  • BTC
  • DOG
  • DOT
  • EOS
  • ETH
  • LNK
  • LTC
  • RPL
  • SOL
  • XLM
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FP Markets Trade Nation
Review
Review
67.3% of retail investor accounts lose money when trading CFDs with this provider.
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