M4Markets vs FP Markets

M4Markets or FP Markets – which is better for UK traders 2025? Compare M4Markets and FP Markets in this detailed breakdown of their platforms, features and fees.

M4Markets vs FP Markets Comparison Table 2025
M4Markets FP Markets
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3.6
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4
M4Markets is ranked #32 among CFD brokers. FP Markets is ranked #61 among CFD brokers.
M4Markets, a distinguished broker, operates under the regulation of CySEC, FSA, and DFSA. Despite its recent emergence in the market, M4Markets constantly enhances its services with cutting-edge tools, platforms, and account options. Novices can begin trading with a minimum of $5, whereas seasoned traders benefit from leverage as high as 1:5000. 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
  • M4Markets is a cost-effective brokerage, providing spreads starting at 0.0 pips with no commission charges, and an approachable minimum deposit of just $5.
  • Execution speeds are rapid, averaging 30 ms, which we classify as fast and ideal for traders given that any speed under 100 ms caters well to active trading needs.
  • The broker provides various automated trading options, such as a copy trading service and MAM/PAMM accounts.
  • A variety of global payment options are available, all free from deposit or withdrawal charges.
  • Reliable customer support is available 24/5 through live chat, phone, and email in 10 languages.
  • M4Markets possesses various international licences, such as those from CySEC and DFSA.
  • 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 educational resources lag behind leading brokers, offering just a limited range of eBooks and webinars.
  • With approximately 200 investment options, the range is limited when contrasted with leading brokers who typically provide over 1,000 choices.
  • M4Markets does not provide rebate schemes or incentives for active traders.
  • 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 Deposits & Withdrawals Broker, Fazzaco
  • Most Transparent Broker, World Finance Awards
  • Best Trading Conditions Broker Global, International Business Magazine
  • 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
Forex, CFDs, Indices, Shares, Commodities, Cryptos CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
Yes Yes
Minimum Deposit
$5 $40
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSA, CySEC ASIC, CySEC, FSA, CMA
Mobile Apps
Yes iOS & Android
Trading App

FP Markets does not provide a proprietary web-based or mobile app, a downside for beginners. However, there are the mobile versions of MT4/MT5, cTrader, and TradingView that offer real-time quotes, advanced charting tools, account management features, and order execution. Australian clients are also exclusively offered access to the Iress mobile platform, which delivers sophisticated features including analytics, module linking, and multiple portfolio management.

iOS App Rating
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2.8
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4
Android App Rating
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2.8
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4
Margin Trading
No 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
No Yes
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes 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 (APIs) Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
M4Markets offers an accessible trading service for novices eager to replicate strategies and for seasoned investors aiming to mentor. The service integrates seamlessly with your trading platform and operates round-the-clock. 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 Yes
Trade Signals
Yes
VPS Hosting
No 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
  • USD
  • EUR
  • GBP
  • JPY
  • ZAR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Commodities
  • Gold
  • Silver
  • Oil
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Soybeans
  • Corn
  • Wheat
  • Steel
  • Iron
  • Cocoa
  • Cotton
  • Sugar
  • Coffee
CFD
M4Markets provides CFD trading options in forex, stocks, indices, commodities, and cryptocurrencies. Traders have access to advanced charting platforms featuring various order types and integrated indicators. Additionally, the platform offers a robust array of data analysis tools from the trusted provider, Acuity. 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
1:1000 1:30 (UK), 1:500 (Global)
FTSE Spread
From 0.01 1.64
GBPUSD Spread<
Raw from 0.0 pips 1.9 average
Oil Spread
From 0.01 0.04
Stocks Spread
N/A Variable
Forex
M4Markets provides over 45 currencies with zero pip spreads. The broker is a solid option for forex traders due to its low latency and 30-millisecond execution speeds. Furthermore, traders can implement any strategy, such as scalping, without limitations. 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
50 70+
GBPUSD Spread
Raw from 0.0 pips 0.2
EURUSD Spread
Raw from 0.0 pips 0.1
EURGBP Spread
Raw from 0.0 pips 0.3
Currency Indices
  • USD
Cryptocurrency
M4Markets provides a solid selection of 15 cryptocurrency CFDs paired with USD. With an initial investment of just $5, traders can benefit from commission-free crypto transactions. The average BTCUSD spread is approximately 14.1, competitive and comparable to leading low-cost crypto brokers. 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 0.0 pips 17.3 (Bitcoin)
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • DOGE
  • DASH
  • XMR
  • OMG
  • NEO
  • QTUM
  • ZEC
  • DOT
  • SOL
  • ETX
  • AXS
  • 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
M4Markets FP Markets
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