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AvaTrade vs FP Markets: Comparison and Analysis

Written by Filippo Ucchino Fact-Checked by Luca Puddu Publication Date Last Updated
Our verdict · CFD/FX trading

AvaTrade and FP Markets are two great brokers for scalping, automated trading and crypto trading. However, AvaTrade is the better choice if you are looking for a proprietary trading platform, while FP Markets is better because it has cTrader, TradingView, more tradable symbols (10,000 against 1,250) and faster withdrawals (1 day against 10 days). AvaTrade is regulated by the CBI (Ireland), ASIC, the JFSA and the ADGM FSRA, with an offshore company regulated by the FSC (British Virgin Islands), while FP Markets is regulated by CySEC and ASIC, with an offshore company regulated by the FSA (Seychelles). AvaTrade asks for 100.00 USD at its European, UAE and offshore companies, 70.00 USD at its Australian company and no minimum deposit at its Japanese company. FP Markets asks for 100.00 USD at its European and offshore companies and no minimum deposit at its Australian company. AvaTrade charges 9.00 USD per lot to trade EUR/USD, against 9.50 USD at FP Markets, and both brokers offer crypto CFDs at all of their companies and a demo account with no expiry.

AvaTrade

CFDCFD AvaTrade offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX AvaTrade offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side.
AvaTrade review ›
85CFD/FXOverall score AvaTrade scores 85/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

76% of retail investor accounts lose money when trading CFDs with this provider.

FP Markets

CFDCFD FP Markets offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD/FX to rate it on that. FXFX FP Markets offers forex trading: currency pairs such as EUR/USD, traded with leverage. Forex is rated together with CFDs, on the CFD/FX side.
FP Markets review ›
84CFD/FXOverall score FP Markets scores 84/100 for CFD/FX trading. The overall score is calculated from the data in this comparison across 12 areas.
Open Account

74.56% of retail investor accounts lose money when trading CFDs with this provider.

Best for

What we compare A comparison of the kinds of traders AvaTrade and FP Markets are best suited to, based on what each one actually offers in .
1 / 12

AvaTrade is better than FP Markets for professional traders, high-volume traders and futures traders. Both are a good fit for scalpers, swing traders and news traders.

Best for
Overall score AvaTrade 85 FP Markets 84 -1
Day trading i
Long-term investing i
Professional traders i
High-volume traders i
Scalpers i
Swing traders i
News traders i
Algo traders i
Stock traders i
Crypto traders i
Futures traders i
Options traders i

Regulation

What we compare A comparison between the financial authorities that supervise AvaTrade and the ones that supervise FP Markets.
2 / 12

AvaTrade and FP Markets are both regulated by top-tier authorities, AvaTrade by CBI Ireland, ASIC (Australia) and the CIRO (Canada) and FP Markets by CySEC and ASIC (Australia).

Regulation
Section score AvaTrade 100 FP Markets 100
Tier-1 regulators
ESMA (European Union) i CBI (Ireland) CySEC (Cyprus)
FCA (United Kingdom) i
ASIC (Australia) i
CFTC (United States) i
NFA (United States) i
SEC (United States) i
CIRO (Canada) i
MAS (Singapore) i
SFC (Hong Kong) i
JFSA (Japan) i
FINMA (Switzerland) i
Tier-2 regulators
FMA (New Zealand) i
CBR (Russia) i
FSCA (South Africa) i
DFSA (Dubai) i
CSRC (China) i
ISA (Israel) i
LFSA (Malaysia) i
JSC (Jordan) i
CMA (Kenya) i
Tier-3 regulators
FSA (Seychelles) i
MMA (Maldives) i
SCB (Bahamas) i
FSC (Mauritius) i
VFSC (Vanuatu) i
FSC (Belize) i
CIMA (Cayman Islands) i
SV FSA (Saint Vincent and the Grenadines) i
FSRC (St. Kitts & Nevis) i
BMA (Bermuda) i
BVI FSC (British Virgin Islands) i
EDR (External Dispute Resolution) i

Safety

What we compare A comparison of the tools and services that AvaTrade and FP Markets have in place to protect your money in .
3 / 12

Both AvaTrade and FP Markets offer segregated client funds and an investor compensation scheme.

Safety
Section score AvaTrade 78 -1 FP Markets 79
Company info
Is it publicly traded i
Is it a bank i
Year founded i 2006 2005
Parent company i Ava Trade Ltd First Prudential Markets Pty Ltd
CEO i Dáire Ferguson Craig Allison
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i National Westminster Bank, J.P. Morgan SE N/A
Brand power
Number of customers worldwide i 9,000,000
Annual revenue i
Monthly website search traffic i 563.6K monthly visits

Costs

What we compare A comparison of what it costs to trade with AvaTrade and with FP Markets in , both on each trade and on holding the account.
4 / 12

AvaTrade is better than FP Markets for costs, given that AvaTrade is cheaper on EUR/USD, at 9 USD per lot (against FP Markets' 9.5 USD), does not charge US stock CFD fees (against FP Markets' 0.02 USD), and does not charge withdrawal fees, unlike FP Markets. Neither AvaTrade nor FP Markets charges account maintenance fees or deposit fees.

Costs
Section score AvaTrade 66 Best FP Markets 61 -5
Broker fees
Deposit fees i
Withdrawal fees i
Overnight fees i
Inactivity fees i
Currency conversion fees i
Discounts on volume i
Real time market data fee i
Dividend withholding i
Account opening fees i
Account maintenance fee i
Portfolio management fee i
Fees on CFDs
Forex commission per lot i Free USD 6
EUR/USD average standard spread i
0.9 pips
1.2 pips
EUR/USD average raw spread i
0.1 pips
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 9 USD 9.5
S&P 500 fees (CFD) i 0.5 points 0.25 points
Gold fees (CFD) i 0.34 points 0.25 points
Bitcoin fees (CFD) i USD 19.38
US stocks fees (CFD) i Free USD 0.02
Fees on stocks
Stock fee type i Spread Commission, Percentage
US stocks fees (real) i
ETF fees (real) i
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i USD 1.75
Platform fees i
Fees on options
Options fees per contract i Free
Event fees i
Fees on savings plans
IRA opening fee i
IRA maintenance fee i
401k opening fee i
401k maintenance fee i

Available markets

What we compare A comparison of the markets and products you can trade with AvaTrade and with FP Markets in , and of how many instruments each one gives access to.
5 / 12

AvaTrade is better than FP Markets for available markets, given that AvaTrade offers futures on commodities, crypto, forex and indices, which FP Markets does not, and offers options on forex, which FP Markets does not. Both AvaTrade and FP Markets offer CFDs on commodities, crypto, ETFs, forex, indices and stocks.

Available markets
Section score AvaTrade 100 Best FP Markets 75 -25
Total tradable symbols i 1,250 10,000
Currency pairs i
Indices i
Commodities i
Stocks i
ETF i
Cryptocurrencies i
Bonds i
Interest rates i
Portfolios i
CFDs i Commodities, Crypto, ETF, Forex, Indices, Stocks Commodities, Crypto, ETF, Forex, Indices, Stocks
Futures i Commodities, Crypto, Forex, Indices
Options i Forex
Assets you can own i

Platform

What we compare A comparison of the trading platforms that AvaTrade and FP Markets make available to their clients in .
6 / 12

AvaTrade is better than FP Markets for platforms, because AvaTrade offers a proprietary platform, social trading and copy trading, which FP Markets does not. AvaTrade and FP Markets both offer MetaTrader 5 and MetaTrader 4.

Platform
Section score AvaTrade 92 Best FP Markets 80 -12
Proprietary platform i
MetaTrader 4 i
MetaTrader 5 i
cTrader i
Social trading platform i
Copy trading platform i
ZuluTrade i
TradingView i
Duplitrade i
Mirror Trader i
NinjaTrader i
AutoChartist i
Real time pricing i
5 digit pricing i
One-click trading i

Mobile

What we compare A comparison of the mobile apps of AvaTrade and FP Markets in , and of what each one lets you do from your phone.
7 / 12

AvaTrade is better than FP Markets for mobile trading, because AvaTrade offers a social trading app and a copy trading app, which FP Markets does not. AvaTrade and FP Markets both offer a proprietary mobile app and the MetaTrader 5 app.

Mobile
Section score AvaTrade 100 Best FP Markets 93 -7
Proprietary app i
Social trading app i
Copy trading app i
MetaTrader 4 app i
MetaTrader 5 app i
cTrader app i
Mobile trading signals i
Mobile alerts i
Mobile charting tools i
Mobile drawing tools i
Mobile watchlist i
Smartwatch app i

Trading features

What we compare A comparison of the trading tools and strategies that AvaTrade and FP Markets allow on their platforms in .
8 / 12

There is little between AvaTrade and FP Markets on trading features, as both offer negative balance protection and trailing stops. FP Markets goes a step further, as it offers tier-1 liquidity providers and API access.

Trading features
Section score AvaTrade 84 -3 FP Markets 87
Trade execution
Broker type i Agency NDD
Average execution time i 40 ms
Slippage occurrence i
Requotes occurrence i
Tier-1 liquidity providers i
PFOF i
Leverage
Major FX pairs leverage i 30:1About this value. This is the major fx pairs leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 30:1 (Australia, the UAE), 25:1 (Japan), 400:1 (other accepted countries). 30:1About this value. This is the major fx pairs leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 500:1 (other accepted countries), 30:1 (Australia).
Minor/Exotic FX pairs leverage i 20:1About this value. This is the minor/exotic fx pairs leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 20:1 (Australia, the UAE), 25:1 (Japan), 400:1 (other accepted countries). 20:1About this value. This is the minor/exotic fx pairs leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 500:1 (other accepted countries), 20:1 (Australia).
Major indices leverage i 20:1About this value. This is the major indices leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 20:1 (Australia, the UAE), 200:1 (other accepted countries). 20:1About this value. This is the major indices leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 200:1 (other accepted countries), 20:1 (Australia).
Minor indices leverage i 10:1About this value. This is the minor indices leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 10:1 (Australia, the UAE), 100:1 (other accepted countries). 10:1About this value. This is the minor indices leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 200:1 (other accepted countries), 10:1 (Australia).
Gold leverage i 20:1About this value. This is the gold leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 20:1 (Australia, the UAE), 200:1 (other accepted countries). 20:1About this value. This is the gold leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 500:1 (other accepted countries), 20:1 (Australia).
Commodities leverage i 10:1About this value. This is the commodities leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 10:1 (Australia, the UAE), 200:1 (other accepted countries). 10:1About this value. This is the commodities leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 500:1 (other accepted countries), 10:1 (Australia).
Equities leverage i 5:1About this value. This is the equities leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 5:1 (Australia, the UAE), 10:1 (other accepted countries). 5:1About this value. This is the equities leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 20:1 (other accepted countries), 5:1 (Australia).
Cryptocurrency leverage i 2:1About this value. This is the cryptocurrency leverage at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: 2:1 (Australia, the UAE), 100:1 (other accepted countries). 2:1About this value. This is the cryptocurrency leverage at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: 5:1 (other accepted countries), 2:1 (Australia).
Risk management
Stop losses i
Take profits i
Limit orders i
Trailing stop i
Margin call i
OCO orders i
Guaranteed stop loss i
Negative balance protection i
Minimum trade size (FX) i 0.01 lots 0.01 lots
Minimum trade size (stocks) i USD 0 USD 0
Fractional stocks i
Trading compliance
Scalping strategies allowed i
Hedging strategies allowed i
Automated trading strategy allowed i
EAs use allowed i
HFT strategy allowed i
VPS use allowed i
API use allowed i
Price scraping allowed i
FIFO rule applies i

Account types

What we compare A comparison of the kinds of account you can open at AvaTrade and at FP Markets in , and of who each one is meant for.
9 / 12

AvaTrade is better than FP Markets for account types, because AvaTrade offers a professional traders account, an Islamic account and a copy trading account, which FP Markets does not. Both AvaTrade and FP Markets offer a demo account and a corporate account.

Account types
Section score AvaTrade 72 Best FP Markets 51 -21
Demo account i
Unlimited demo account i
Standard account i
Micro account i
Cent account i
Nano account i
Raw spread account i
ECN account i
Swap-free account i
Islamic account i
Professional traders account i
Fixed spread account i
Spread betting account i
Copy trading account i
Corporate account i
Managed account i
Stock investing account i
Margin investing account i
Savings account i
Retirement account i

Account opening

What we compare A comparison of what it takes to open and fund an account with AvaTrade and with FP Markets in .
10 / 12

AvaTrade and FP Markets are equally good for account opening, as AvaTrade offers 6 account base currencies (against FP Markets' 2), and credits deposits faster, within the same day (against FP Markets' 1 day). On the other hand, FP Markets supports e-wallets, which AvaTrade does not, and pays out withdrawals faster, within 1 day (against AvaTrade's 10 days). Both require a minimum deposit of 100 USD.

Account opening
Section score AvaTrade 72 FP Markets 72
Minimum deposit i USD 100About this value. This is the minimum deposit at AVA Trade EU Ltd (CBI). At AvaTrade's other companies: USD 70 (Australia), USD 0 (Japan), USD 100 (other accepted countries, the UAE). USD 100About this value. This is the minimum deposit at First Prudential Markets Ltd (CySEC). At FP Markets' other companies: USD 100 (other accepted countries), USD 0 (Australia).
Minimum withdrawal i USD 0 USD 0
Wire transfers i
Credit cards i
Debit cards i
eWallets i PayPal, Neteller, SkrillAbout this value. This is the ewallets at First Prudential Markets Ltd (CySEC). It is different at FP Markets' companies in other accepted countries.
Local payment methods i
Account base currencies i AUD, EUR, GBP, JPY, USD, ZARAbout this value. This is the account base currencies at AVA Trade EU Ltd (CBI). It is different at AvaTrade's companies in Australia. EUR, USDAbout this value. This is the account base currencies at First Prudential Markets Ltd (CySEC). It is different at FP Markets' companies in other accepted countries and Australia.
Deposit waiting time i Instant up to 1 business days
Withdrawal waiting time i up to 10 business days up to 1 business days
Bonus program i

Customer care

What we compare A comparison of the customer support of AvaTrade and FP Markets in , in how it can be reached and how fast it answers.
11 / 12

FP Markets is better than AvaTrade for customer care, since FP Markets offers a dedicated account manager, priority support and call-back requests, which AvaTrade does not. Both AvaTrade and FP Markets offer phone support and live chat.

Customer care
Section score AvaTrade 67 -20 FP Markets 87 Best
Number of languages supported i 22 12
Website languages i Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese Arabic, German, English, French, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese
Website available in English i
Customer support languages i Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese Arabic, German, English, French, Indonesian, Italian, Korean, Malay, Portuguese, Spanish, Thai, Chinese
Customer support in English i
Call back request i
Email support i
Phone support i
Live chat i
Priority customer support i
Dedicated account manager i
Cash sweep i
Stock lending i
Distributes proceeds i
Tax withholding agent i
Tax assistance i

Learning

What we compare A comparison of the educational material that AvaTrade and FP Markets provide to their clients in .
12 / 12

FP Markets is better than AvaTrade for learning, since FP Markets offers professional reports and traders' sentiment, which AvaTrade does not. Both AvaTrade and FP Markets offer education for advanced traders and webinars.

Learning
Section score AvaTrade 83 -17 FP Markets 100 Best
Education
Education center i
Education for beginners i
Education for advanced traders i
Webinars i
Tutorials i
Glossary i
Research
Economic calendar i
Traders' sentiment i
Daily market commentary i
Daily trading ideas i
News via social media i
Professional reports i
Watchlist i
AvaTrade
Open Account 76% of retail investor accounts lose money when trading CFDs with this provider.
FP Markets
Open Account 74.56% of retail investor accounts lose money when trading CFDs with this provider.
Our verdict

AvaTrade vs FP Markets: which one should you choose?

AvaTrade

CFD/FX Choose AvaTrade if you want a CFD and forex broker with a proprietary trading platform.

Open Account 76% of retail investor accounts lose money when trading CFDs with this provider.
FP Markets

CFD/FX Choose FP Markets if you want a forex broker with cTrader, TradingView and a wide choice of markets.

Open Account 74.56% of retail investor accounts lose money when trading CFDs with this provider.

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