MetaTrader 5 with FP Markets: A Guide for UAE Traders

FP Markets is a global broker that offers MT5 to traders in the Emirates through its offshore entity, FP Markets LLC (St Vincent & the Grenadines, Reg. No. 126 LLC 2019). The group itself is overseen by top-tier regulators in Australia (ASIC) and Cyprus (CySEC), but those licenses do not cover retail clients onboarded from the UAE.

What MT5 Here Delivers

When you open MT5 through FP Markets from the UAE, you get the full platform suite: desktop apps for Windows and Mac, mobile apps for iOS and Android, WebTrader, and the option to link your account to TradingView.

FP Markets provides access to over 10,000 CFDs on MT5: 60+ forex pairs, indices, commodities, individual shares, ETFs, bonds, and crypto CFDs.

A dedicated AED base currency was not verified at review. If AED funding is important, check current options with support.

Platforms and Accounts

FP Markets offers MT4, MT5, cTrader, and TradingView across a single account login. The account types are Standard or Raw, available on all platforms.

The Standard account has no commission; the spread is built into the price. The Raw account offers tighter spreads with a per-trade commission.

For low-volume trading, the Standard account is simpler. For multiple daily trades, the Raw account typically saves money despite the commission.

Trading Costs

FP Markets has no broker-side deposit fees or hidden monthly charges. Costs are in the spread and (for Raw accounts) commission. Standard spreads are competitive without being the tightest available. Raw accounts deliver 0.0 pip spreads on GBP/USD in exchange for the USD 6 per lot commission.

No verified UAE-specific promotions were identified at review.

Regulatory and Protection Framework

The UAE has three regulatory bodies: the Securities & Commodities Authority (SCA, renamed Capital Market Authority / CMA as of 1 January 2026) on the mainland, the Dubai Financial Services Authority (DFSA) in the DIFC free zone, and the Financial Services Regulatory Authority (FSRA) in the ADGM.

FP Markets does not hold a license from any of these. It is served under SVG registration (FP Markets LLC, Reg. No. 126 LLC 2019). The ASIC and CySEC oversight applies to other group entities, not to UAE retail onboarding.

This means:

• No local statutory protection comparable to a DFSA or SCA licence
• No access to local ombudsman or investor compensation schemes
• Leverage is uncapped locally at 1:500, whereas DFSA-regulated brokers cap retail leverage at approximately 1:30
• FP Markets was flagged on a Fintelegram 'orange' compliance list for its offshore mutation

You trade on the platform's execution and track record, not on local regulatory guarantees. FP Markets has operated since 2005, but you should understand the regulatory wrapper clearly before funding.

Funding and Withdrawals

FP Markets accepts cards, bank wires, and e-wallets (Skrill, Neteller).

Minimum deposit: USD 100 (or equivalent). Card and e-wallet deposits are typically instant. Bank wires take approximately 1–2 business days. There are no broker-side deposit fees.

The AED is pegged to the USD with no local exchange controls. Capital and profits move freely in and out of the UAE. Standard AML/KYC and source-of-funds checks apply on large transfers, but there is no capital-control ceiling.

Withdrawals use the same rails, typically instant for e-wallets and slower for bank wires.

Islamic Account

FP Markets offers a swap-free Islamic account available on MT5. It aligns with Sharia-compliant principles and removes overnight swap (interest) charges on open positions.

Who This Works For

Verification and Before You Fund