FP Trading

FP Trading Review: Regulation, Fees and Broker Analysis

Unclaimed profile

FP Trading is a newer international CFD broker established in 2024, operating under regulatory authorizations from the Mauritius FSC, Saint Lucia FSRA, and a Category 5 advisory…

Best forUAE TradersLow SpreadsIslamic Accounts

External website · BrokerBazaar does not receive a trading commission from this link.

77

/ 100

BrokerBazaar Score

Good

Evidence-based, 0–100

Data confidence 78%

USD 100 (or equivalent)

Min Deposit

0.0 pips (Raw)

Spreads From (indicative)

Up to 1:500

Max Retail Leverage

None (Standard)

Commission

FP Trading LLC figures · FSA (St. Vincent) · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
7 Nov 2026
Next review due
5 Feb 2027

How we tested this broker·Meet the review team

Section 01

About

About FP Trading

Company Provided

FP Trading is a forex and CFD broker founded in 2019 and operated by FP Trading LLC (St. Vincent and the Grenadines). It offers Standard and Raw ECN-pricing accounts on MT4, MT5 and cTrader with leverage up to 1:500, a USD 100 minimum deposit, swap-free Islamic accounts and USD 1 million Lloyd's of London insurance. Its UAE group entity, FP Trading Securities L.L.C, holds a UAE Capital Market Authority (CMA) Category 5 licence that covers introducing and promoting services only, so UAE clients trade with an offshore group entity.

Since 2019 Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines 3 regulators listed

Expert Verdict

FP Trading is a newer international CFD broker established in 2024, operating under regulatory authorizations from the Mauritius FSC, Saint Lucia FSRA, and a Category 5 advisory license from the UAE CMA. Providing access across MT4, MT5, and cTrader with 1:500 leverage, low raw spreads, and Financial Commission backing, it offers an accessible execution venue for retail CFD and crypto traders, though its offshore licensing structure warrants mindful capital management.

Pros

  • Raw account spreads from 0.0 pips with USD 3 per side commission
  • Low USD 100 minimum deposit on both account types
  • MT4, MT5, cTrader and WebTrader available
  • Swap-free Islamic accounts offered
  • Financial Commission member with USD 1M Lloyd's of London insurance
  • 24/7 multilingual support

Cons

  • UAE CMA licence covers introduction and promotion only, not execution or client funds
  • Retail clients are onboarded by an offshore St. Vincent entity with no statutory compensation scheme
  • Founded in 2019, so a relatively short track record
  • No proprietary platform or TradingView integration
  • Swap-free admin fees, inactivity and conversion fees not clearly published

BrokerBazaar Overview

Independent

Launched in 2024, FP Trading entered the retail derivatives sector targeting traders seeking flexible multi-platform execution. The brokerage operates through multiple international corporate vehicles, notably FP Trading Ltd (licensed as a Full Service Investment Dealer by the Financial Services Commission of Mauritius, Lic. No. GB24202863, and registered with the Saint Lucia FSRA) alongside FP Trading Securities L.L.C in Dubai, which holds a Category 5 (Arranging and Advice) licence under the UAE Capital Market Authority (CMA / SCA).

A key structural highlight of FP Trading is its comprehensive trading platform suite. While many brokers restrict users to MetaTrader, FP Trading provides MetaTrader 4, MetaTrader 5, and cTrader across desktop, web, and mobile environments. This setup allows algorithmic users to deploy automated Expert Advisors (EAs) on MT4/MT5, while discretionary scalpers can utilize cTrader's Level II Depth of Market (DOM) and cloud-hosted risk triggers. The asset catalogue encompasses over 1,000 instruments spanning currencies, equities, indices, energy products, and cryptocurrencies, supported by an integrated multi-strategy copy-trading engine.

From a counterparty safeguarding perspective, FP Trading operates primarily under offshore regulatory regimes that lack statutory sovereign investor compensation funds (such as the UK FSCS or European ICF). To mitigate this structural gap, the broker has secured voluntary membership with the Financial Commission (granting retail dispute compensation up to €20,000 per claim) and maintains private insurance cover of up to $1,000,000 underwritten through Lloyd's of London syndicates. Client deposits are held in segregated accounts with negative balance protection enabled. Due to its recent entry into the market, self-directed traders should keep funding aligned with active trade exposure.

Key Features

Regulated Broker
MetaTrader Platforms
FP Trading

FP Trading

Regulated Broker

Min DepositUSD 100 (or equivalent)
Max Retail LeverageUp to 1:500
Spreads (indicative)0.0 pips (Raw)

External website · BrokerBazaar does not receive a trading commission from this link.

8

Platforms

2019

Est. Since

2

Account Types

4+

Countries

Regulated By

FSC Mauritius
CMA UAE
FSRA Saint Lucia

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

FP Trading broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not FP Trading and does not operate any brokerage.

Profile ownership

Not claimed by broker

No representative of FP Trading manages this page. This says nothing about its licence, and the score and regulation data are the same whether or not a profile is claimed.

Information source

Submitted by broker or compiled from public pages

Details have been recorded but not yet independently checked by BrokerBazaar.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 11 Nov 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

FP Trading LLC

Founded

2019

Headquarters

Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines

Regulators

FSC Mauritius, CMA UAE, FSRA Saint Lucia

Minimum deposit

USD 100 (or equivalent)

Spreads from

0.0 pips (Raw)

Commission

None (Standard)

Max leverage

Up to 1:500

Platforms

MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, WebTrader, FP Trading Mobile App, MetaTrader 4, MetaTrader 5, FP Trader

Account types

Standard, Raw

Figures refer to FP Trading LLC (FSA (St. Vincent)), the entity serving international clients, checked 29 September 2026.

FP Trading regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
FP Trading Securities L.L.CCapital Market Authority (CMA), UAE

Capital Market Authority (UAE)

Moderate oversight
20200000467Official register Introduction, promotion or advisory only · Fifth Category: Arrangement and Advice (introducing and promoting financial services and products only) · Retail clients

Not an execution licence; does not count as local forex regulation.

United Arab EmiratesNot independently checked
FP Trading LLCFSA (St. Vincent)126 LLC 2019Official register Execution / dealing (forex & CFDs) · Company registration; the SVG FSA does not licence or supervise forex/CFD activity · Retail clientsSt. Vincent & GrenadinesNot independently checked
FP Trading (Saint Lucia entity, name not published)FSRA (Saint Lucia)

Financial Services Regulatory Authority (ADGM)

Strict oversight
2024-00106Official register Execution / dealing (forex & CFDs) · International Business Company (IBC) · Retail clientsSaint LuciaNot independently checked
FP Trading LtdFinancial Services Commission (FSC Mauritius)GB24202863Official register Execution / dealing (forex & CFDs) · Investment Dealer (Full Service Dealer, Excluding Underwriting) · Retail clientsMauritiusNot independently checked

FP Trading at a glance

FP Trading is a forex and CFD broker founded in 2019 and operated by FP Trading LLC (St. Vincent and the Grenadines). It offers Standard and Raw ECN-pricing accounts on MT4, MT5 and cTrader with leverage up to 1:500, a USD 100 minimum deposit, swap-free Islamic accounts and USD 1 million Lloyd's of London insurance. Its UAE group entity, FP Trading Securities L.L.C, holds a UAE Capital Market Authority (CMA) Category 5 licence that covers introducing and promoting services only, so UAE clients trade with an offshore group entity.

FP Trading reports a founding year of 2019 and a head office in Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines. It lists 3 regulators and 8 trading platforms.

BrokerBazaar verdict

FP Trading is a newer international CFD broker established in 2024, operating under regulatory authorizations from the Mauritius FSC, Saint Lucia FSRA, and a Category 5 advisory license from the UAE CMA. Providing access across MT4, MT5, and cTrader with 1:500 leverage, low raw spreads, and Financial Commission backing, it offers an accessible execution venue for retail CFD and crypto traders, though its offshore licensing structure warrants mindful capital management.

Legal entities, regulation and licences

FP Trading operates through 4 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.

Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

FP Trading states that it accepts clients from United Arab Emirates, South Africa, Mauritius, International. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Forex (70+ pairs), Stock CFDs, Index CFDs, Precious Metals, Energy Commodities, Soft Commodities, ETF CFDs, Cryptocurrency CFDs. Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, WebTrader, FP Trading Mobile App, MetaTrader 4, MetaTrader 5, FP Trader. Account types: Standard, Raw, Islamic (swap-free).

Best-for tags assigned by our team: UAE Traders, Low Spreads, Islamic Accounts, MT4/MT5, cTrader.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is USD 100 (or equivalent). Spreads start from 0.0 pips (Raw) and commission is None (Standard). Maximum leverage is Up to 1:500, subject to the cap of the entity that holds your account. Figures refer to FP Trading LLC (FSA (St. Vincent)), the entity serving international clients, checked 29 September 2026.

Swap-free / Islamic account: available (yes). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Bank Transfer, Credit/Debit Card (Visa, Mastercard), Crypto. Withdrawal methods: Bank Transfer, Credit/Debit Card (Visa, Mastercard), Crypto.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Yes. News trading allowed: Not specified. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.

Client-money rules follow the regulator of the entity that holds your account: FSRA: Segregation required under FSRA client-money rules. Compensation: No retail compensation scheme.

Introducing entity: FP Trading Securities L.L.C (Capital Market Authority (CMA), UAE). It is licensed to introduce, promote or advise, and opens accounts with the group entity above. Client money is held by that entity under its regulator's rules, not under the introducer's licence.

Complaints and dispute process

Formal complaints: complaints@fptrading.com. Phone: +44 1224 076115. Complaints must first be lodged in writing with the FP Trading Compliance Department. Unresolved retail disputes can be escalated to the Financial Commission, an independent external dispute resolution (EDR) body providing compensation coverage of up to €20,000 per claim through its Compensation Fund. The company also maintains private professional indemnity insurance of up to $1,000,000 underwritten through Lloyd's of London syndicates. Client funds are stated to be held in segregated tier-one bank accounts, backed by negative balance protection.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: Raw account spreads from 0.0 pips with USD 3 per side commission
  • Strength: Low USD 100 minimum deposit on both account types
  • Strength: MT4, MT5, cTrader and WebTrader available
  • Strength: Swap-free Islamic accounts offered
  • Strength: Financial Commission member with USD 1M Lloyd's of London insurance
  • Strength: 24/7 multilingual support
  • Limitation: UAE CMA licence covers introduction and promotion only, not execution or client funds
  • Limitation: Retail clients are onboarded by an offshore St. Vincent entity with no statutory compensation scheme
  • Limitation: Founded in 2019, so a relatively short track record
  • Limitation: No proprietary platform or TradingView integration
  • Limitation: Swap-free admin fees, inactivity and conversion fees not clearly published

Who this broker suits, and who it does not

FP Trading is most relevant to traders looking for: UAE Traders, Low Spreads, Islamic Accounts, MT4/MT5, cTrader.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

FP Trading change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for FP Trading yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about FP Trading

Data sources. Broker submission, the regulator registers linked above, fptrading.com (home, regulation, account types, platforms, funding, terms and contact pages), 29 Sep 2026, web-archive and domain records, and third-party traffic data. Last register check 2026-09-29. External ratings: Trustpilot 4.9/5; Myfxbook 4.9/5.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with FP Trading through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.

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