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 vs FP Markets Comparison Table 2026
InstaForex FP Markets
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3.2
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4
InstaForex is ranked #55 among CFD brokers. FP Markets is ranked #54 among CFD brokers.
Review
Review
InstaForex, established in 2007, is a forex and CFD brokerage. It provides extensive market access to millions of traders, featuring traditional assets such as currencies and shares. The broker also offers intriguing options like IPO investments. Founded in Australia in 2005, FP Trading is a broker regulated by ASIC and CySEC. It offers a wide range of tradable assets. The Standard and Raw accounts are tailored to suit all traders. Its robust tools include the MetaTrader suite, intuitive TradingView, and insights from Trading Central and AutoChartist.
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone.
Pros
  • InstaForex provides an excellent trading environment, utilising the robust MT4 and MT5 platforms. These platforms come equipped with numerous technical analysis tools, automation features, and various order types.
  • The broker is an excellent choice for dedicated forex traders, offering over 100 currency pairs and competitive spreads starting at 0.0 pips. Additionally, it provides a top-tier collection of forex market resources.
  • The broker is beginner-friendly, offering low minimum deposits and commission-free trading.
  • FP Trading provides an exceptional range of tradable assets, notably with its expanded commodities portfolio and support for over 10,000 stocks.
  • FP Trading offers outstanding platform versatility, integrating MetaTrader, cTrader, Iress, and the newly added TradingView.
  • FP Trading offers rapid and reliable assistance, accessible 24/5, with test response times averaging under 1 minute.
  • FP Trading offers a smooth onboarding process, distinguished by crypto deposits and more than ten base currencies, serving traders worldwide.
  • FP Trading has incorporated premier research tools from Trading Central and Autochartist. These tools assist traders in spotting short-term opportunities through chart patterns, indicators, and other technical elements.
Cons
  • Customer support is offered exclusively in English, Czech, Polish, and Slovak.
  • The broker exclusively offers trading instruments as CFDs.
  • The broker's website and client portal seem outdated, making navigation challenging for beginners.
  • 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 Trading’s Iress platform is exclusive to Australian clients. It prioritises stock trading, with less focus on forex. Data fees may quickly escalate unless one trades actively or holds a high-balance account.
  • FP Trading lags behind top MetaTrader brokers. Although it provides a Trader's Toolbox on MT4, it only offers 130 instruments. This limitation curtails opportunities for serious traders, particularly when compared to Pepperstone's 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.
Awards
  • Best Global Forex Value Broker 2023 - Global Forex Awards
  • Best Forex Partners Programme Asia 2023 - Global Forex Awards
  • Best Forex Broker Europe 2023 - Global Forex Awards
  • Best Global Forex Value Broker 2022 - Global Forex Awards
  • Best Global Forex Value Broker 2021 - Global Forex Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
Yes Yes
Minimum Deposit
$1 $40
Payment Methods
Minimum Trade
0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) 0.01 Lots
Regulator
BVI FSC ASIC, CySEC, FSA, CMA
Mobile Apps
iOS and Android + browser based platform iOS & Android
Trading App
FP Trading lacks its own web-based or mobile app, which may deter novices. Yet, mobile versions of MT4/MT5, cTrader, and TradingView provide live quotes, advanced charting, account management, and order execution. Moreover, Australian clients have exclusive access to the Iress mobile platform, offering advanced analytics, module linking, and multi-portfolio management.
iOS App Rating
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3.6
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4
Android App Rating
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3.6
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rating full
4
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
Yes 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
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
The Copy Trading feature at Instaforex is gaining popularity thanks to its user-friendly design and expanding roster of expert traders and markets. FP Trading launched a unique social copy trading platform and access to the MetaTrader signals market. Alongside Myfxbook support, these features position FP Markets as a strong choice for social copy trading, despite its less intuitive system compared to cTrader Copy.
Social Trading
Yes 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
€5 $0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Commodities
  • Oil
  • Gold
  • Silver
  • Palladium
  • Natural Gas
  • Copper
  • Gasoline
  • Cocoa
  • Coffee
  • Cotton
  • Soybeans
  • Livestock
  • Wheat
  • Orange Juice
  • Platinum
  • Sugar
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Soybeans
  • Corn
  • Wheat
  • Steel
  • Iron
  • Cocoa
  • Cotton
  • Sugar
  • Coffee
CFD
Trade CFDs across diverse markets with flexible accounts and up to 1:1000 leverage. Access MT4 and MT5 platforms for executing a variety of short-term trading strategies. Utilise numerous pre-integrated technical indicators and graphical tools to enhance your trading. FP Trading provides CFD trading across a premier range of financial markets, including equities, leading global indices, commodities, metals, cryptocurrencies, and bonds. Benefit from tight spreads, rapid execution, leverage up to 1:500, and superior liquidity, ensuring an efficient trading experience for short-term investors.
Leverage
1:30 for retail clients, 1:500 for professional 1:30 (UK), 1:500 (Global)
FTSE Spread
Fixed 1.64
GBPUSD Spread<
Av. Floating 0.6 pips 1.9 average
Oil Spread
Fixed 0.04
Stocks Spread
0.1% Variable
Forex
InstaForex offers an extensive selection of over 100 currency pairs, a notable range in the industry. Enjoy ECN spreads starting at 0.0 pips with no commission fees. With a minimum deposit of just $1, the broker is ideal for novices. Traders also benefit from top-tier forex analysis and insights. FP Trading excels in forex trading, offering over 70 currency pairs, including a diverse range of exotics. With an average spread of 0.1 on EUR/USD in its Raw account, it ensures competitive pricing for traders.
Assets
1000+ 70+
GBPUSD Spread
0.6 0.2
EURUSD Spread
0.2 0.1
EURGBP Spread
0.5 0.3
Currency Indices
  • USD
  • USD
Cryptocurrency
A variety of over 10 crypto tokens can be traded against USD, with fees of 0.1% and leverage up to 1:5. Bitcoin trading is available with spreads near 25, comparable to other brokers. FP Trading offers CFDs on leading cryptocurrencies like Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. However, it does not facilitate direct coin ownership. FP Markets lacks emerging tokens for crypto enthusiasts seeking the latest opportunities.
Spread
0.1% 17.3 (Bitcoin)
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and50+more
  • ADA
  • BCH
  • BTC
  • DOG
  • DOT
  • EOS
  • ETH
  • LNK
  • LTC
  • RPL
  • SOL
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
InstaForex FP Markets
Review
Review
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone.
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