FP Markets vs FP Trading: Why Did My MetaTrader Server Change? (Complete Guide 2026)

You woke up one day, opened your MetaTrader as usual, and something wasn’t the same. The server that had been labeled “FP Markets” for years was now showing a different name. You may have even received an email asking you to log in to fptrading.com with your passwords. Your first thought? Scam. Your second? What happened to my money?

You’re not alone in this. Hundreds of traders on forums like Forex Peace Army were asking the exact same question in the early months of 2026. And if you’re looking for an answer on Google, ChatGPT, or anywhere else, this article is the most comprehensive answer.

Let’s start from the beginning.

If you want to open an account with FP Trading you can do so here.

If you open an account in the “REFERRED BY A PARTNER” field, you will press select “YES” and enter and you will enter the code: 445279.

The Truth Behind the Change: What Exactly Happened on March 28, 2026?

On March 28, 2026, FP Markets LLC, the offshore entity of the company that served international clients outside of Australia and Europe, officially completed a corporate rebranding.

As of that day, FP Markets LLC no longer operates as a standalone company; its place was taken by FP Trading LLC.

This was not a secret move. The company itself sent an email to affected clients with clear words: “FP Markets LLC has officially rebranded to FP Trading LLC, effective 28 March 2026.”

However, here lies the problem, many traders felt left out because many had not read the email that explained everything in detail

To fully understand this, you need to distinguish two things: the European/Australian FP Markets and the offshore FP Markets. It’s like having a coffee chain with a franchise in Europe under strict regulations, and franchises in other countries under different licenses.

When you announce a rebranding of the franchise in offshore countries, European customers are not affected at all, but for those who were served by the offshore division, the change is immediate.

FP Markets vs FP Trading: What’s the Key Difference?

This is the question most traders ask when faced with this situation. And comparing FP Markets vs FP Trading reveals that they are not two unrelated companies, but two different expressions of the same business philosophy, just with a different regulatory framework.

FP Markets (fpmarkets.com) was founded in 2005 in Sydney, Australia. It is one of the most recognizable brokers worldwide, regulated by ASIC (Australia) and CySEC (Cyprus/Europe). Its target? Traders who live in an environment with strict regulatory protection, but also specific rules for leverage (maximum 1:30 for European clients due to ESMA).

This entity is still operating normally. Nothing has changed for European and Australian traders.

FP Trading (fptrading.com) is the result of the rebranding of FP Markets LLC, the offshore entity that served traders from countries outside Europe and Australia, taking on greater exchange rate risks in exchange for the possibility of higher leverage (up to 1:500). The new company is regulated by four international authorities: FSA (St. Vincent), FSRA (St. Lucia), FSCA (South Africa) and FSC (Mauritius).

If the FP Markets vs FP Trading comparison seems like a complicated legal domino, think of it this way: an international group decided to separate its activity for compliance and strategic reasons, giving a new identity to its offshore part.

The funds, the trading accounts, the spreads, the platforms, everything remained the same. It was just the sign on the door that changed.

If you want to read the detailed presentation of FP Trading, you can do so here.

Why Did Your Server Change in MetaTrader? The Technical Explanation

This is where most traders get confused, so it’s worth breaking it down step by step.

MetaTrader (whether MT4 or MT5) works with servers. Each broker has its own server endpoints, for example, “FPMarkets-Live” or “FPMarkets-Demo”. When a broker changes corporate structure or rebrands, these endpoints can be renamed or replaced by MetaQuotes (the company behind MetaTrader).

In the case of FP Markets LLC → FP Trading LLC, that’s exactly what happened. The server that said “FP Markets” became “FP Trading”. The login ID and password remained exactly the same. Your trading history? Intact. Your account balance? Unchanged. Only the server label changed.

What makes things more complicated, and is the root cause of the confusion, is that the transfer also involved the web portal.

That is, the dashboard you log into to make deposits and withdrawals now needed to be done through fptrading.com instead of fpmarkets.com. Here, the fears of phishing were completely understandable, after all, one of the first things you learn in internet security is “don’t log in to unknown sites with your passwords.”

Capital Security: What Protection Do You Have Now with FP Trading?

One of the first concerns for any trader making such a transition is the safety of their money. And it is perfectly reasonable to be concerned, because we are talking about an offshore company, and offshore regulation generally does not offer the same guarantees as a CySEC-regulated broker in Europe.

However, FP Trading has taken two measures that are worth knowing about.

The first is private insurance through Lloyd’s of London. This is an insurance company that has been operating since 1688 and is considered one of the most reliable insurers worldwide. FP Trading offers insurance coverage of up to $1,000,000 per client in the event of the broker’s insolvency.

This is extremely unusual for an offshore broker, and is the main difference that separates FP Trading from the dozens of unregulated brokers circulating on the internet.

The second is its membership in the Financial Commission, an independent organization that resolves disputes between traders and brokers. If a dispute arises, the Financial Commission may compensate the client up to €20,000 per application, regardless of the outcome of the dispute with the broker.

Leverage 1:500 – The Real Reason Offshore Entities Exist

Many traders ask: why didn’t FP Markets just keep them in the European entity? The answer is simple, regulatory framework.

Since 2018, ESMA (European Securities and Markets Authority) has put strict limits on leverage for European retail traders: 1:30 for major currency pairs, 1:20 for minors, 1:10 for commodities. For many traders, especially scalpers and day traders who need more exposure with less capital, these restrictions are prohibitive.

Offshore entities (St. Vincent, Mauritius, Seychelles) offer leverage up to 1:500, which makes a difference for a trader who wants to expose $10,000 to a $5,000,000 position. This is why FP Trading is mainly aimed at traders from all over the world who want to have 1:500 leverage.

FP Trading Leverage Table

Symbol	Leverage
Forex	1:500
Metals	1:100
Commodities	1:100
Shares	1:20
Indices	1:200
Digital Currencies	1:50

Here you will also find a detailed list of the 5 best forex brokers with 1:500 leverage.

FP Markets vs FP Trading: The Comparison You Won’t Find Elsewhere

To get to the point, here is a clear presentation of the key differences.

FP Markets (fpmarkets.com) has been operating since 2005, is based in Sydney, is regulated by ASIC and CySEC, offers leverage up to 1:30 for Europeans, primarily serves traders in Australia and Europe, and was not affected by the March 2026 rebranding.

FP Trading (fptrading.com) is the evolution of FP Markets LLC since March 2026, is regulated by the FSA, FSRA, FSCA, and FSC, offers leverage up to 1:500, serves international traders, and comes with Lloyd’s of London insurance up to $1,000,000 per client.

One thing they share? Same liquidity providers (Barclays, Deutsche Bank, Goldman Sachs, etc.), same platforms (MT4, MT5, cTrader, TradingView), same low-spread trading philosophy.

Frequently Asked Questions about FP Markets and FP Trading

Final Thoughts: Calm Analysis Instead of Panic

If there’s one thing we want you to take away from this article, it’s this: the world of online brokers is complex, and confusion around changes like this between FP Markets vs FP Trading is natural. However, confusion does not mean danger.

The move from FP Markets LLC to FP Trading LLC was a formal corporate restructuring, covered by four international licenses, Lloyd’s of London insurance, and Financial Commission membership. It wasn’t a corporate demise, it wasn’t a sudden collapse, it wasn’t a scam, everything works as before.

This article is for informational purposes only and does not constitute investment advice. Before making any decisions regarding your funds, please consult a licensed financial advisor. Trading in CFDs and forex carries a high risk of losing capital.