AvaTrade vs FxPro 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 FxPro
| Broker | AvaTrade | FxPro |
|---|---|---|
| Rating | 4.7/5 | 4.4/5 |
| Foundation Year | 2005 | 2006 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | United Kingdom, Cyprus, Bahamas |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:10000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade Review | FxPro Review |
AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.
FxPro is suitable for traders looking for a reliable company with good trading conditions and a wide selection of instruments.
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:
FxPro Review
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
FxPro is in the top 10 of the following ratings:
Reliability
| Broker | AvaTrade | FxPro |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2005 | 2006 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | United Kingdom, Cyprus, Bahamas |
| 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 | FCA FCA CySEC CySEC FSCA FSCA SCB SCB |
AvaTrade
AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.
FxPro
FxPro shows high reliability and strict compliance with regulatory standards in the financial sector. The company is regulated by several leading authorities worldwide.
Account Opening
| Broker | AvaTrade | FxPro |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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AvaTrade
The broker offers clients from different countries a straightforward, convenient, and quick account opening process.
FxPro
The account opening process is structured but requires more time due to the volume of information needed.
Account Types
| Broker | AvaTrade | FxPro |
|---|---|---|
| Account Types | 3.5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:10000 |
| 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.
FxPro
FxPro offers various accounts, but the absence of cent accounts and a copy trading service limits options for beginner traders.
Pros
- A wide choice of account types.
- Availability of Islamic accounts.
- Personalized service for owners of Premium accounts.
Cons
- No cent accounts.
- No copy trading service provided.
Commissions
| Broker | AvaTrade | FxPro |
|---|---|---|
| Commissions | 4.5/5 | 3/5 |
| Spread | from 0.6 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1.5 |
| Commission per Lot | $3.5 |
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.
FxPro
FxPro's commissions align with the market average, and the absence of fees for deposits/withdrawals is a benefit.
Pros
- No commission for depositing and withdrawing funds.
Cons
- Inactivity fee charged.
Deposit and Withdrawal
| Broker | AvaTrade | FxPro |
|---|---|---|
| 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.
FxPro
FxPro offers convenient and flexible options for funding and withdrawal, with most operations not incurring a commission.
Markets and Products
| Broker | AvaTrade | FxPro |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 69 |
| Precious Metals | 7 | 13 |
| Energy Carriers | 5 | 6 |
| Soft Commodities | 7 | 7 |
| Indices | 46 | 29 |
| Stocks | 614 | 1971 |
| ETF | 61 | - |
| Bonds | 2 | - |
| Cryptocurrency | 20 | 28 |
AvaTrade
AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.
FxPro
FxPro provides an extensive selection of markets and products for trading. Clients can trade 69 currency pairs on Forex and have access to a broad range of CFDs on indices, stocks, agricultural commodities, oil, precious metals, and cryptocurrencies.
Trading Platforms
| Broker | AvaTrade | FxPro |
|---|---|---|
| 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.
FxPro
FxPro offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and FxPro Edge. Each platform has several variations that can be downloaded from the broker's official website for free.
Analytics
| Broker | AvaTrade | FxPro |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
The broker provides good market analysis tools.
Pros
- Collaboration with Trading Central.
- Economic calendar.
- Trader's calculator.
FxPro
FxPro offers its clients diverse market analysis services. The company's official YouTube channel also features forecasts, market reviews, and helpful videos.
Education
| Broker | AvaTrade | FxPro |
|---|---|---|
| Rating | 5/5 | 4/5 |
AvaTrade
AvaTrade offers quality video tutorials and articles for traders of all levels.
Pros
- Quality materials.
- Educational resources available on the AvaTrade site.
FxPro
The "Education" section on the FxPro website offers a variety of educational materials for traders. The materials provided enable traders to master the basics and deepen their understanding of trading.
Pros
- A variety of educational materials.
- Availability of free courses and accessible online tests for self-assessment.
Cons
- No educational formats such as webinars, seminars, and podcasts.
Customer Support
| Broker | AvaTrade | FxPro |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
LinkedIn
Twitter
YouTube
Telegram
InstagramAvaTrade
The broker's technical support offers various channels of communication and 24/7 availability.
FxPro
FxPro has various channels for technical support, including online chat, callback service, and email. Clients can seek help through an international toll-free line or via email.
