A mobile phone with FM antenna includes a mobile phone body, an FM antenna, an FM microchip and a phone case. The FM antenna is fixed to an outer side of the mobile phone body. One end of the FM antenna has a feed point, and the other end of the FM antenna is an opening end. The FM antenna resonates at FM radio frequencies so as to receive FM radio signals. The FM microchip is disposed on the mobile phone body and coupled with the feed point of the FM antenna for processing the FM radio signals. The phone case encloses the mobile phone body, the FM antenna and the FM microchip. Thus the FM antenna is embedded in the mobile phone to enable the mobile phone to receive FM radio without extra external earphones.