FP Markets
UOB Kay Hian
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
Choosing between FP Markets and UOB Kay Hian depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia, while UOB Kay Hian operates from Singapore. UOB Kay Hian has the longer track record, established in 1973, compared to FP Markets which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FP Markets
UOB Kay Hian
FP Markets is the better choice overall, scoring 3.8/5 vs 3.3/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
FP Markets
3.8 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tied
2 vs 2 licences
Min. Deposit
UOB Kay Hian
$100 vs $0
FP Markets
UOB Kay Hian
FP Markets
UOB Kay Hian
Lower feesFP Markets holds licences from ASIC, CySEC. UOB Kay Hian is regulated by MAS, SFC.
Both brokers offer access to Forex, Stocks, Indices markets. FP Markets additionally covers Cfd, Commodities. UOB Kay Hian adds Etf.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. UOB Kay Hian offers Proprietary Web, Proprietary Mobile, UTRADE. Both brokers are available on Proprietary Mobile.
FP Markets requires a minimum deposit of $100, while UOB Kay Hian sets no minimum deposit. This makes UOB Kay Hian accessible to traders with any budget.
BrokerRank scores FP Markets at 3.84/5 and UOB Kay Hian at 3.31/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a clear advantage.
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs UOB Kay Hian's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
FP Markets offers spreads from 0 pips, while UOB Kay Hian starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. UOB Kay Hian requires $0.
FP Markets is regulated by ASIC, CySEC, while UOB Kay Hian holds licences from MAS, SFC.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.