LonghornFX vs FP Markets

LonghornFX or FP Markets – which is better for UK traders 2025? Compare LonghornFX and FP Markets in this detailed breakdown of their platforms, features and fees.

LonghornFX vs FP Markets Comparison Table 2025

LonghornFX	FP Markets
Not Rated	4
LonghornFX is ranked # among .	FP Markets is ranked #60 among CFD brokers.
	Review
LonghornFX has closed or no longer accepts UK clients.	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
	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.
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.
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
Instruments
	CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
	Yes
Minimum Deposit
	$40
Payment Methods
	Apple Pay Credit Cards Debit Card FasaPay Google Pay Mastercard Neteller Perfect Money Rapid Transfer Skrill STICPAY Visa Wire Transfer
Minimum Trade
	0.01 Lots
Regulator
	ASIC, CySEC, FSA, CMA
Mobile Apps
	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
	4
Android App Rating
	4
Margin Trading
	Yes
MetaTrader 4
	Yes
MetaTrader 5
	Yes
cTrader
	Yes
AlgoTrader
	No
OmniTrader
	No
TradingView
	Yes
Autochartist
	Yes
eSignal
	No
Trading Central
	Yes
STP Account
	Yes
ECN Account
	Yes
DMA Account
	Yes
MAM Account
	Yes
PAMM Account
	Yes
LAMM Account
	No
Demat Account
	No
AI / Machine Learning
	No
Robo Advisor
	No
Negative Balance Protection
	Yes
Market Maker
	No
P2P Trading
	No
Spot Trading
	Yes
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
	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
	Yes
VPS Hosting
	Yes
Tournaments
	No
Demo Competitions
	No
Ethical Investing
	No
Custodial Account
	No
Guaranteed Stop Loss
	No
Inactivity Fee
	$0
Islamic Account
	Yes
Account Currencies
	USD EUR GBP CAD AUD NZD JPY CHF HKD SGD
Commodities
	Gold Silver Natural Gas Oil Platinum Palladium Copper Aluminium Soybeans Corn Wheat Steel Iron Cocoa Cotton Sugar Coffee
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.
Leverage
	1:30 (UK), 1:500 (Global)
FTSE Spread
	1.64
GBPUSD Spread<
	1.9 average
Oil Spread
	0.04
Stocks Spread
	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.
Assets
	70+
GBPUSD Spread
	0.2
EURUSD Spread
	0.1
EURGBP Spread
	0.3
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.
Spread
	17.3 (Bitcoin)
Coins
	ADA BCH BTC DOG DOT EOS ETH LNK LTC RPL SOL XLM
Crypto Lending
	No
Crypto Mining
	No
Crypto Staking
	No
Auto Market Maker
	No
LonghornFX	FP Markets
	Review
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