Forex Trading UK

Forex Trading UK
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Forex

Why 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 & Cryptocurrencies on consistently tighter spreads in unparalleled trading conditions..

What is Forex Trading?

Forex trading involves buying one currency and selling another simultaneously. Through careful analysis, traders predict the potential direction of currency prices and attempt to capture gains based on price fluctuations. There is no centralised exchange for forex trading. Rather, it takes place electronically or online, between networks of global computers. The market is open 24 hours a day, 5 days a week.

Learn more about forex trading

What is the Best Platform to Trade Forex?

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

24/7 Multilingual Customer Support

Award-winning support & personal account managers

Established in 2005

15+ years
trading experience

>

Start Trading Forex on an
Award-Winning Trading Platform

With over 40+ industry awards, FP Markets is
one of the best regulated Australian forex brokers.

Australian Regulated
Broker

Boost your trading experience with a licensed and fully regulated Australian forex broker, with multiple awards to their name.

Low Latency
Execution

Get all the available market prices and tight spreads, with ultra-low latency execution and minimal slippage.

Forex Trading
Leverage

Leverage of up to 30:1 in over 50 currency pairs and widen your exposure to the global forex markets

Trading
Platforms

Feature-rich and easy-to-use, MetaTrader 4, MetaTrader 5 and Iress provide a seamless trading experience.

Trade Forex with an Australian
Regulated Forex Broker

Access the foreign currency market with a professional forex trading experience by opening a trading account with FP Markets. With advanced charting tools for informed decision-making, fundamental and technical analysis, the support of an experienced team, live streaming of prices and low latency execution.

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 1% 0.6942/0.6944 USD 137.46 20%
Declines by 1% 0.6804/0.6806 - USD 137.47 - 20%

Forex Spreads

Symbol Product Standard A/c Raw ECN A/c
  Avg Min Avg
AUDCADAustralian Dollar vs Canadian Dollar201
AUDCHFAustralian Dollar vs Swiss Franc1.800.7
AUDJPYAustralian Dollar vs Japanese Yen1.700.6
AUDNZDAustralian Dollar vs New Zealand Dollar2.401.3
AUDSGDAustralian Dollar vs Singapore Dollar2.901.4
AUDUSDAustralian Dollar vs US Dollar1.400.3
CADCHFCanadian Dollar vs Swiss Franc200.9
CADJPYCanadian Dollar vs Japanese Yen2.101
CHFJPYSwiss Franc vs Japanese Yen2.601.5
CHFSGDSwiss Franc vs Singapore Dollar4.91.54.9
EURAUDEuro vs Australian Dollar2.401.3
EURCADEuro vs Canadian Dollar2.801.2
EURCHFEuro vs Swiss Franc1.800.7
EURCZKEuro vs Czech Koruna174.423.4157
EURDKKEuro vs Danish Krone18.8912.8
EURGBPEuro vs Great Britain Pound1.500.4
EURHUFEuro vs Hungarian Forint55.53.534.1
EURJPYEuro vs Japanese Yen1.600.5
EURMXNEuro vs Mexican Peso82.310.262.3
EURNOKEuro vs Norwegian Krone85.523.678
EURNZDEuro vs New Zealand Dollar3.102
EURPLNEuro vs Polish Zloty37.34.934
EURSEKEuro vs Swedish Krona87.126.481.6
EURSGDEuro vs Singapore Dollar2.901.8
EURTRYEuro vs Turkish Lira515.5103.7512.4
EURUSDEuro vs US Dollar1.300.2
EURZAREuro vs South African Rand128.623.5117.1
GBPAUDGreat Britain Pound vs Australian Dollar2.501.4
GBPCADGreat Britain Pound vs Canadian Dollar2.801.7
GBPCHFGreat Britain Pound vs Swiss Franc3.10.32
GBPDKKGreat Britain Pound vs Danish Krone33.412.627.4
GBPJPYGreat Britain Pound vs Japanese Yen2.401.3
GBPMXNGreat Britain Pound vs Mexican Peso113.129.293.1
GBPNZDGreat Britain Pound vs New Zealand Dollar4.202.7
GBPPLNGreat Britain Pound vs Polish Zloty50.411.548.9
GBPSEKGreat Britain Pound vs Swedish Krona127.356.4122.6
GBPSGDGreat Britain Pound vs Singapore Dollar4.90.73.7
GBPTRYGreat Britain Pound vs Turkish Lira618.3123.8611.3
GBPUSDGreat Britain Pound vs US Dollar1.500.4
NZDCADNew Zealand Dollar vs Canadian Dollar2.601.5
NZDCHFNew Zealand Dollar vs Swiss Franc2.401.3
NZDJPYNew Zealand Dollar vs Japanese Yen2.201.1
NZDSGDNew Zealand Dollar vs Singapore Dollar3.40.62.3
NZDUSDNew Zealand Dollar vs US Dollar1.800.6
USDCADUS Dollar vs Canadian Dollar1.500.4
USDCHFUS Dollar vs Swiss Franc1.700.5
USDCNHUS Dollar vs Chinese Yuan1.700.6
USDCZKUS Dollar vs Czech Koruna12014.2102.6
USDDKKUS Dollar vs Danish Krone16.7310.7
USDHKDUS Dollar vs Hong Kong Dollar7.236.1
USDHUFUS Dollar vs Hungarian Forint49.72.628.3
USDINRUS Dollar vs Indian Rupee0.220.10.12
USDJPYUS Dollar vs Japanese Yen1.400.3
USDKRWUS Dollar vs Korean Won0.70.40.68
USDMXNUS Dollar vs Mexican Peso57.84.447.8
USDNOKUS Dollar vs Norwegian Krone69.5361
USDPLNUS Dollar vs Polish Zloty32.24.228.5
USDSEKUS Dollar vs Swedish Krona76.520.467.8
USDSGDUS Dollar vs Singapore Dollar2.401.3
USDTHBUS Dollar vs Thai Baht280.8178.8260.8
USDTRYUS Dollar vs Turkish Lira256.736.3254.2
USDZARUS Dollar vs South African Rand70.3057.4
Start Trading Forex and CFDs Today


bullet Access 10,000+ financial instruments
bullet Auto open & close positions
Take advantage of rising and falling markets
bullet News & economic calendar
bullet Technical indicators, charts & alerts
bullet Many more trading tools included

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* Winner of ‘Best Global Forex Value Broker’ at the Global Forex Awards 2019 & 2020

** Data acquired from our server shows our EURUSD spread to be 0.0 pips on average 30.92% of the time from 01-12-2021 to 31-12-2021 (available for our RAW Spread trading accounts only).

^ For MT4/5 only. Terms and conditions apply

* The average order execution time between the trade being received, processed and confirmed as executed by us is 48 milliseconds. As observed from our bridge provider between 01-12-2021 to 31-12-2021. FP Markets was rated by Investment Trends as the Best for Quality of Trade Execution 2019

** Terms and conditions apply.

^^ Sat & Sun 08:00am to 16:00pm (GMT+2)

DISCLAIMER: This material on this website is intended for illustrative purposes and general information only. It does not constitute financial advice nor does it take into account your investment objectives, financial situation or particular needs. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs. You should consider the information in light of your objectives, financial situation and needs before making any decision about whether to acquire or dispose of any financial product. Contracts for Difference (CFDs) are derivatives and can be risky. When trading CFDs you do not own or have any rights to the CFDs underlying assets.

FP Markets recommends that you seek independent advice from an appropriately qualified person before deciding to invest in or dispose of a derivative. A Product Disclosure Statement for each of the financial products, as well as our TMD (Target Market Determination), are available from FP Markets and can be obtained either from this website or on request from our offices and should be considered before entering into transactions with us. FP Markets is a group of companies which include First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354), a company authorised and regulated by the Australian Securities and Investments Commission (ASIC), Registered Address: Level 5, 10 Bridge Street, Sydney, NSW, 2000, Australia and First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC Licence number 371/18, Registered Address: Griva Digeni, 109, Aigeo Court, 2nd floor, 3101, Limassol, Cyprus. FP Markets does not accept applications from U.S, Japan or New Zealand residents or residents from any other country or jurisdiction where such distribution or use would be contrary to those local laws or regulations.