FPMarketsTrade Review

About FPMarketsTrade

FP Markets Trade (domain: fpmarketstrade.com) holds no valid regulation or financial licensing. The UK Financial Conduct Authority issued an official warning stating that FP Markets Trade is providing financial services in the UK without authorisation; the firm is not regulated by any recognized authority. This constitutes an unauthorised entity status. The FCA Warning was issued on 29 November 2022.

Independent regulatory monitoring platforms confirm the absence of any valid regulation for FP Markets Trade. WikiFX explicitly notes that no valid regulatory information is available.

The actual FP Markets broker—operating under First Prudential Markets Pty Ltd—is regulated in multiple jurisdictions including ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), CMA (Kenya), and FSC (Mauritius), and was awarded a licence by the Capital Markets Authority of Kenya in December 2023. There is no connection between FP Markets and FP Markets Trade; FP Markets warns that several unrelated websites, including FP Markets Trade, are not affiliated.

Pros and cons

Pros

• No verifiable benefits or regulatory coverage can be identified.

Cons

• Unauthorised provision of financial services in the UK (FCA warning dated 29 November 2022).
• Absence of any valid licence or regulation across all jurisdictions.
• Not affiliated with the regulated entity FP Markets; explicitly identified as unrelated by the legitimate broker.
• High risk for investors due to complete lack of regulatory oversight and formal protections.