InstaForex vs FP Markets
InstaForex or FP Markets – which is better for UK traders 2026? Compare InstaForex and FP Markets in this detailed breakdown of their platforms, features and fees.
| InstaForex | FP Markets |
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| InstaForex is ranked #53 among CFD brokers. | FP Markets is ranked #47 among CFD brokers. |
| InstaForex is a CFD broker offering forex, stocks, cryptocurrencies, commodities, energies, indices, and more. The firm features competitive fees and an extensive asset range, ensuring secure and reliable trading. Millions have opened accounts, benefiting from diverse trading and investment opportunities. | 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. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options | CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | $40 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| BVI FSC | ASIC, CySEC, FSA, CMA |
| Mobile Apps | |
| iOS and Android + browser based platform | 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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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | Yes |
| Autochartist | |
| No | Yes |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| 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 | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| Yes | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | 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. | |
| Social Trading | |
| No | Yes |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Trade CFDs on indices, metals, and IPOs with adaptable accounts and leverage up to 1:1000. Select from two superb platforms offering various technical indicators and tools for fundamental analysis. | 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. |
| Leverage | |
| 1:30 for retail clients, 1:500 for professional | 1:30 (UK), 1:500 (Global) |
| FTSE Spread | |
| Av. Floating 100 pips | 1.64 |
| GBPUSD Spread< | |
| Av. Floating 0.6 | 1.9 average |
| Oil Spread | |
| 2 pips | 0.04 |
| Stocks Spread | |
| Floating, commissions as low as 0.01% | Variable |
| Forex | |
| Trade major and minor currency pairs with narrow spreads. Access advanced trading software offering instant and pending order options. | 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. |
| Assets | |
| 1000+ | 70+ |
| GBPUSD Spread | |
| Av. Floating 0.6 | 0.2 |
| EURUSD Spread | |
| Av. Floating 0.2 | 0.1 |
| EURGBP Spread | |
| Av. Floating 0.5 | 0.3 |
| Currency Indices | |
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| Cryptocurrency | |
| InstaForex provides crypto CFD trading on top tokens with minimal fees. Investors can trade over 50 cryptocurrencies, surpassing many rivals. | 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. |
| Spread | |
| From 0% | 17.3 (Bitcoin) |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| InstaForex | FP Markets |
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