M4Markets vs FP Markets

M4Markets or FP Markets – which is better for UK traders 2026? Compare M4Markets and FP Markets in this detailed breakdown of their platforms, features and fees.

M4Markets vs FP Markets Comparison Table 2026
M4Markets FP Markets
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3.6
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4
M4Markets is ranked #41 among CFD brokers. FP Markets is ranked #54 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 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.
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 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
  • 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 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 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
CySEC, DFSA, FSA ASIC, CySEC, FSA, CMA
Mobile Apps
Yes 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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2.8
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4
Android App Rating
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2.8
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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
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 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
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 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
1:5000 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 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
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 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
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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