AvaTrade vs FP Markets Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of AvaTrade and FP Markets
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Rating | 4.7/5 | 4.7/5 |
| Foundation Year | 2005 | 2005 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade Review | FP Markets Review |
AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.
FP Markets is optimal for scalpers and algorithmic traders with ECN spreads of 0 pips, active Forex traders, as well as investors interested in copy trading and DMA stocks.
AvaTrade Review
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
AvaTrade is in the top 10 of the following ratings:
FP Markets Review
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
FP Markets is in the top 10 of the following ratings:
Reliability
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2005 | 2005 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | ASIC ASIC CySEC CySEC FSCA FSCA SVGFSA SVGFSA SFSA SFSA |
AvaTrade
AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.
FP Markets
Multi-tier licenses from ASIC, CySEC and FSCA, fund segregation, and a spotless regulatory history make FP Markets a reliable partner.
Pros
- Tier-1/Tier-2 licenses (ASIC, CySEC)
- Funds held in AA bank accounts, negative balance protection
- Independent order execution audits
Account Opening
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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AvaTrade
The broker offers clients from different countries a straightforward, convenient, and quick account opening process.
FP Markets
Opening an account completely online: registration in up to 5 minutes, verification within an hour, minimum deposit of 100 AUD — you can start trading on the same day.
Pros
- Fast registration and KYC
- Verification in less than one business day
- Commission-free deposit starting from 100 AUD
Account Types
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Account Types | 3.5/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
AvaTrade
AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.
Pros
- A free demo account is available.
- An Islamic account option is provided.
- The ability to copy trades.
Cons
- Lack of market execution of orders.
- No cent accounts.
- No fixed spread accounts.
FP Markets
The FP Markets account lineup is nearly universal — RAW, Standard, Islamic, Iress DMA, demo, and copy trading services meet the needs of most traders, all starting from 100 AUD.
Pros
- Accounts suitable for every trading style
- Free VPS and copy trading
Cons
- No cent/micro account
Commissions
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Commissions | 4.5/5 | 4/5 |
| Spread | from 0.6 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1.2 |
| Commission per Lot | $3 |
AvaTrade
AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.
Pros
- Low spreads.
- No deposit/withdrawal fees.
Cons
- Inactivity fee.
FP Markets
Transparent pricing: an average ECN commission of $6 per lot, market spreads of ≈1.2 pips on the Standard account, free deposits, and no inactivity charges make the conditions attractive for most traders.
Pros
- No fees for deposits and withdrawals
- No account inactivity fees
Cons
- The Standard account does not offer ultra-narrow spreads
Deposit and Withdrawal
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Rating | 4.2/5 | 5/5 |
| Account Funding Methods |
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AvaTrade
AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.
Pros
- Multiple methods for deposit and withdrawal.
- No commission on deposits and withdrawals.
- AvaTrade covers up to $100 of the bank transfer fee.
Cons
- Long processing time for bank transfers.
FP Markets
You can fund your account instantly and commission-free via any convenient method, and withdrawals are processed within one business day.
Pros
- 0% commission on all deposits
- Cards, e-wallets, crypto, local banks
- Withdrawals processed in less than one business day
Cons
- 0.5–1% commission on currency conversion
Markets and Products
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 81 |
| Precious Metals | 7 | 17 |
| Energy Carriers | 5 | 5 |
| Soft Commodities | 7 | 7 |
| Indices | 46 | 18 |
| Stocks | 614 | 566 |
| ETF | 61 | 58 |
| Bonds | 2 | 2 |
| Cryptocurrency | 20 | 12 |
AvaTrade
AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.
FP Markets
The FP Markets range covers 700+ CFDs — from 80 currency pairs to DMA stocks on Iress, making portfolio diversification relatively straightforward.
Pros
- 80+ currency pairs, metals, indices, soft commodities
- 500+ CFDs on stocks from Europe, the UK, and the USA
- Leverage up to 1:500 for professional clients
Trading Platforms
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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AvaTrade
AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.
FP Markets
MT4/5, cTrader, TradingView, and Iress provide FP Markets with an almost complete arsenal: from algorithmic trading to DMA stocks. The versatility and fast NY4 connectivity put FP Markets’ platform suite among the best.
Pros
- 4 platforms, including TradingView and Iress DMA
- Execution ≈ 0.02 sec on NY4, supports bots and API
- Mobile and web versions of MT4/5 plus a proprietary application
Cons
- Iress is fee-based without turnover ≥150 AUD
- No browser-based cTrader Web
Analytics
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
The broker provides good market analysis tools.
Pros
- Collaboration with Trading Central.
- Economic calendar.
- Trader's calculator.
FP Markets
FP Markets offers a rich analytics suite — Trading Central, Autochartist, Traders Toolbox, TradeMedic, and a daily blog — which covers technical, fundamental, and behavioral analysis; access to some tools requires a deposit/trading volume.
Pros
- Trading Central and Autochartist with alerts
- 12-module Traders Toolbox + TradeMedic
- Economic calendar and daily trading ideas
Cons
- Paid access required for some analytics
Education
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
AvaTrade offers quality video tutorials and articles for traders of all levels.
Pros
- Quality materials.
- Educational resources available on the AvaTrade site.
FP Markets
FP Markets offers courses, webinars, podcasts, and e-books ranging from basic to advanced, making its educational resources nearly universal.
Pros
- Regular webinars + an extensive video library
- Online courses for traders of various levels
- Numerous e-books
Customer Support
| Broker | AvaTrade | FP Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
Twitter
Instagram
LinkedIn
YouTube
TelegramAvaTrade
The broker's technical support offers various channels of communication and 24/7 availability.
FP Markets
FP Markets’ customer support responds within seconds, operates 24/7, and usually resolves issues on the first contact.
Pros
- 24/7 support
- Multiple support channels
- High support rating
