Forex Trading UK

Forex Trading UK
Forex

Trade Forex
with FP Markets

Click here

for our full list of Currencies and
typical Forex spreads

The global foreign exchange market is the largest financial market in the world. UK traders can trade 60+ fx pairs in all major currencies on the forex trading platform of your choice. The major currency pairs include the US dollar (USD) as either the base currency or counter currency. Traded against the Euro (EUR), British Pound (GBP), Yen (JPY) and Swiss Francs (CHF), the four majors are also the most traded currency pairs. Other currencies with significant trading volume include the Australian dollar (AUD), New Zealand dollar (NZD) and Canadian dollar (CAD)

The major currency pairs are: EUR/USD (Euro/US Dollar)
GBP/USD (British Pound/US Dollar)
USD/JPY (US Dollar/Japanese Yen)
USD/CHF (US Dollar/Swiss Franc)

FP Markets is a global CFD and forex broker with spreads from as low as 0.0 pips thanks to partnerships with leading banking and non-banking financial institutions. This ensures access to global markets with deep liquidity, especially with respect to major forex pairs such as the EUR/USD and EUR/JPY. Access to these liquidity providers allows for the best available market prices in real-time with the added benefit of ultra-low latency order execution.

Forex Trading in UK

There are three peak trading sessions in the forex market. They are known as the Tokyo, London and New York sessions. The London session runs from 7:00am to 4:00pm (GMT) and is the most active period for UK forex trading. Alternate time zones and the overlapping nature of the sessions make it possible to trade forex 24 hours a day, 5 days a week.

What are the benefits of Forex trading?

  • Tight spreads from 0.0 pips

  • Leverage options up to 30:1

  • 60+ currency pairs

  • Global Forex markets are open 24/5

  • Award-winning multilingual customer support

  • No price manipulation, no requotes and no dealing desk

  • Low margin and low-cost trading

  • Ultra-fast trade execution from Equinix servers

  • Enter and exit trades whenever you want to, 24/5

  • Maximise trading opportunities with the ability to go short and long

  • Cutting-edge tools provide access to pre-open price action

Forex trading is the tip of the iceberg at FP Markets. We also offer CFD trading across a wide range
of financial instruments including Indices, Commodities,Shares & on consistently tighter spreads in unparalleled trading conditions..

What is the Best Platform to Trade Forex?

MetaTrader 4. The world’s most popular trading platform.

Easy to use and suitable for forex traders of all skill levels, MetaTrader 4 (MT4)is on one of the most powerful trading platforms available. MetaTrader 4 is available on the following platforms: Windows, WebTrader, Mac, iOS and Android.

Spreads from 0.0 pips & leverage up to 30:1


Customisable interface and alerts

Traders Toolbox - suite of 12 online trading tools


One-click trading


MarketWatch


Live price streaming on Live accounts and Demo accounts 128-bit encryption for secure trading

Expert Advisors (EAs)


Customisable alerts


Compatible with iOS, Android and Mac devices

Are there more platform options?

MetaTrader4 is the most popular among retail investor accounts for foreign exchange trading,
but our range of trading platforms include MetaTrader 5 and Iress.

6 Reasons to Choose
FP Markets

An Australian Regulated Forex broker

Globally Regulated

Segregated client funds
& regulation in Australia

Tighter Spreads

Market leading spreads from
0.0 pips, 24/5

Faster Execution

Low latency
execution under 40ms

Advanced Platforms

MT4, MT5 & WebTrader with superior client portal

24/5 Multilingual Customer Support

Award-winning support & personal account managers

Established in 2005

15+ years
trading experience

What is Forex Trading?

FX trading involves buying one currency and selling another simultaneously. When looking at currency pairs such as the GBP/USD, the first currency (GBP) is the transaction currency while the second currency (USD) is the settlement currency. Through research and technical analysis, experienced traders predict the potential direction of currency prices and attempt to capture gains based on price movement. There are no central banks for forex trading with transactions taking place electronically or online. An increasing number of retail investors are trading forex with one of the main attractions being trading hours that read 24 hours a day, 5 days a week. It gives retail traders ample time to research trades and make informed decisions. Employing the trading strategy may then mean taking a short position and having a stop-loss.

Forex Trading Example

Let's consider the GBP/USD currency pair, also known as the “Cable” as the underlying asset. Suppose that the GBP/USD fx pair is trading at:

You decide to buy GBP 10,000 as you anticipate that the GBP/USD price will rise in the future. Your margin rate is 5%. In this case, as a margin requirement, you would need to deposit 5% of the total position value into your margin account.

Assuming the price moves to 1.32850/1.32863 in the next hour, you would have a profitable trade. You could complete a short-term trade and close your position by selling at the current price of GBP1.32850

In this case, the price moved in your favour. If the price had declined instead, moving against your prediction, a loss would have been incurred. If that loss was higher than GBP664.08, your broker would have issued a margin call.

If the price
of AUD/USD
To You could Gain or Lose
for a Long Position
Resulting in a Return
of the Initial Margin
Rises by 10% 0.7558/0.7559 AUD 1,370 299.33%
Rises by 5% 0.7214/ 0.7215 AUD 682 199.22%
Declines by 10% 0.6184/0.6185 -AUD 1,378 -100.50%
Declines by 5% 0.6527/0.6528 -AUD 688 -0.10%

Forex Spreads

Symbol Product Standard A/c Raw ECN A/c
Min Avg Min Avg
AUDCAD Australian Dollar vs Canadian Dollar 1.2 1.93 0.4 1.16
AUDCHF Australian Dollar vs Swiss Franc 1.5 1.96 0.6 01.06
AUDJPY Australian Dollar vs Japanese Yen 1.3 1.68 0.4 0.78
AUDNZD Australian Dollar vs New Zealand Dollar 1.3 02.09 0.4 1.19
AUDSGD AUSTRALIAN DOLLAR VS SINGAPORE DOLLAR 1.9 2.71 0.6 1.41
AUDUSD Australian Dollar vs US Dollar 1.1 1.4 0 0.3
CADCHF Canadian Dollar vs Swiss Franc 1.4 02.05 0.5 1.15
CADJPY Canadian Dollar vs Japanese Yen 1.5 02.08 0.6 1.18
CHFJPY Swiss Franc vs Japanese Yen 1.5 2.17 0.6 1.27
CHFSGD Swiss Franc VS Singapore Dollar 2.00 4.42 0.90 3.32
EURAUD Euro vs Australian Dollar 1.4 1.91 0.3 0.81
EURCAD Euro vs Canadian Dollar 1.9 2.7 0.5 1.3
EURCHF Euro vs Swiss Franc 1.3 1.65 0.4 0.75
EURCZK EURO VS CZECH KORUNA 317.4 378.2 3.002 361
EURDKK EURO VS DUTCH KORONE 12.80 20.10 6.80 11.89
EURGBP Euro vs Great Britain Pound 1.3 1.71 0.2 0.61
EURHUF EURO VS HUNGARIAN FORINT 820 2090.81 600 1870.75
EURJPY Euro vs Japanise Yen 1.3 1.54 0.2 0.44
EURMXN Euro vs Mexican Peso 20.00 115.47 0.00 95.25
EURNOK Euro vs Norwegian Krone 10.5 24.65 3.2 17.35
EURNZD Euro vs New Zealand Dollar 2.1 3.3 1.2 2.4
EURPLN Euro vs Polish Zloty 9.3 16.22 6.2 13.12
EURSEK Euro vs Swedish Krona 8.5 22.97 3.2 17.67
EURSGD Euro vs Singapore Dollar 1.5 2.4 0.6 1.5
EURTRY Euro vs Turkish Lira 3.1 17.88 0.2 14.98
EURUSD Euro vs US Dollar 1.1 1.19 0 0.09
EURZAR Euro vs South African Rand 31.5 79.78 20.2 68.47
GBPAUD Great Britain Pound vs Australian Dollar 1.5 2.68 0.6 1.78
GBPCAD Great Britain Pound vs Canadian Dollar 1.5 2.72 0.6 1.82
GBPCHF Great Britain Pound vs Swiss Franc 1.5 2.38 0.6 1.48
GBPDKK Great Britain Pound VS Dutch Korone 15.80 17.19 9.80 17.19
GBPJPY Great Britain Pound vs Japanese Yen 1.3 2.13 0.2 01.03
GBPMXN Great Britain Pound VS Mexican Peso 40.00 156.37 40.00 145.63
GBPNZD Great Britain Pound vs New Zealand Dollar 1.9 3.61 0.6 2.31
GBPPLN GREAT BRITAIN POUND VS POLISH ZLOTY 4.5 17.46 3.2 16.16
GBPSEK Great Britain Pound vs Swedish Krona 11.4 33.19 6.9 28.69
GBPSGD Great Britain Pound vs Singapore Dollar 1.6 3.31 0.6 2.31
GBPTRY Great Britain Pound VS TURKISH LIRA 42.70 100.48 35.70 93.55
GBPUSD Great Britain Pound vs US Dollar 0.1 1.59 0 0.49
NZDCAD New Zealand Dollar vs Canadian Dollar 1.5 2.48 0.6 1.58
NZDCHF New Zealand Dollar vs Swiss Franc 1.7 2.3 0.8 1.4
NZDJPY New Zealand Dollar vs Japanese Yen 1.5 2.17 0.6 1.27
NZDSGD New Zealand Dollar vs Singapore Dollar 1.7 2.81 0.8 1.91
NZDUSD New Zealand Dollar vs US Dollar 1.2 1.65 0 0.45
USDCAD US Dollar vs Canadian Dollar 1.1 1.58 0.1 0.58
USDCHF US Dollar vs Swiss Franc 1.2 1.61 0 0.41
USDCNH US Dollar vs Chinese Yuan 1.3 1.73 1.1 1.63
USDCZK US DOLLAR VS CZECH KORUNA 61.4 104.8 44.2 87.6
USDDKK US Dollar VS Dutch Korone 6.00 14.78 0.00 8.78
USDHKD US Dollar vs Hong Kong Dollar 16.04 0.05 14 15.14
USDHUF US DOLLAR VS HUNGARIAN FORINT 720 1421.3 500 1201.3
USDJPY US Dollar vs Japanese Yen 1.1 1.46 0 0.36
USDMXN US Dollar VS Mexican Peso 10.00 57.30 0.30 57.30
USDNOK US Dollar vs Norwegian Krone 12.5 25.26 4.2 16.96
USDPLN US Dollar vs Polish Zloty 10.5 18.95 7 15.45
USDSEK US Dollar vs Swedish Krona 11.7 24.45 3.2 15.95
USDRUB US Dollar VS Russian Ruble 141.60 479.36 101.60 439.35
USDSGD US Dollar vs Singapore Dollar 1.7 02.05 0.8 1.15
USDTHB US Dollar VS Thai Baht 170.00 228.37 150.00 208.37
USDTRY US Dollar vs Turkish Lira 2.5 13.74 0.2 11.44
USDZAR US Dollar vs South African Rand 22.9 45.28 10.2 32.58
Start Trading Forex and CFDs Today


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bullet Auto open & close positions
Take advantage of rising and falling markets
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bullet Technical indicators, charts & alerts
bullet Many more trading tools included

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