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AvaTrade vs FxPro: Comparison and Analysis

Trying to figure out whether to use AvaTrade or FxPro? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of AvaTrade and FxPro side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
79% of retail investor accounts lose money
AvaTrade review
Open Account
72.87% of retail investor accounts lose money
FxPro review

Overall Ratings


Rated
83
Rated
80

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • AvaTrade
  • FxPro

Security 94
Security 95

Cost 78
Cost 58

Trading 75
Trading 76

Education 85
Education 83

Company Info


Foundation
2006
2006
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur
en, ar, chi(t/s), cro, cz, dan, de, es, est, fi, fr, hu, lit, nor, po, pol, ru, ko, ind, viet, mal, it, sw, ur

Leverage


Non-EU Leverage ?
400:1
500:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
0
0
Canadian Leverage ?
400:1
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
IIROC ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
119731
3896000
SimilarWeb - Total Visits
464620
552472
Facebook Likes
103098
725969
Twitter Likes
9813
13120000
Instagram Likes
5290
4120000

Deposit and Withdrawal


Minimum Deposit ?
100 USD
100 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
WebMoney
UnionPay
Deposit Waiting Time ?
instant
up to 10 minutes
Withdraw Waiting Time ?
1 business day
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
AUD, EUR, GBP, USD, JPY
AUD, EUR, GBP, USD, CHF, JPY, PLN
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.03
6.18
Natural Gas ?
0.002
5.40
Silver ?
0.029
2.07
Platinum ?
1.10
1.50
Copper ?
0.005
Soybeans ?
0.25
1.37
Corn ?
1.0
0.96
Gold ?
0.34
20.31

Forex Fixed Spreads


EUR/GBP Spread
1.5
1.6
EUR/USD Spread
0.9
1.5
USD/JPY Spread
1.5
1.6
GBP/USD Spread
2.0
1.8
USD/CHF Spread
2.0
1.8
AUD/USD Spread
2.2
USD/CAD Spread
2.0
1.6
NZD/USD Spread
1.8

Forex Variable Spreads


EUR/USD Average Spread
0.45
USD/JPY Average Spread
0.53
USD/CHF Average Spread
0.85
GBP/USD Average Spread
1.02
USD/CAD Average Spread
0.88
AUD/USD Average Spread
0.87
NZD/USD Average Spread
1
EUR/GBP Average Spread
0.85

Fees on Stocks


Apple
0.62
Facebook
0.44
Alphabet
Snapchat
BP
Tesco
0.67
Barclays
1.50
Lloyds
0.20

Fees on Indices


FTSE100
0.50
1.22
S&P500
0.25
0.74
Dow Jones
3.0
3.24
Nasdaq
1.0
1.59
CAC40
1.0
1.62
DAX30
1.5
1.64
Nikkei 225
10.0
11.22
Euro Stoxx 50
1.0
1.87

Fees on Cryptocurrencies


Bitcoin
1
1
Ethereum
0.60%
3.5
Ripple
0.95%
0.02
Litecoin
0.60%
0.9
Bitcoin Cash
0.80%
50.0
Dash
2.00%
0
Monero
0
0
Neo
2.00%
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, fr, heb, it
en, ar, cz, de, es, fr, hu, po, pol, rom, ru, sk, tur, ko, ind, viet, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
60
75
Crypto ?
13
75
Commodities ?
16
17
Stocks ?
100
156
Indices ?
20
24
ETF ?
5
Futures ?
20
Options ?
44
Bonds ?
2
Metal ?
4
7
Agricultural ?
8
7
Energies ?
4
3
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
variable
Maximum Trade Size ?
100 lots
variable

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur
en, ar, cz, de, es, fr, hu, po, pol, ru, thai, ko, ind, viet, mal, it, ur, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

AvaTrade vs FxPro: A Comprehensive Compariso

When it comes to choosing a broker, investors often consider factors such as security, demo accounts, account opening requirements, social-copy trading, markets offered, trading fees, platforms, education and customer care. In this comparison, we will analyse and contrast AvaTrade and FxPro based on these factors.

Security

Both brokers have strong security measures in place, with AvaTrade being regulated by ASIC, FSCA, CBI, IIROC, JFSA and BVI, while FxPro is regulated by FCA, CySEC, FSCA and SCB. Additionally, FxPro has a slightly higher security rating of 95, compared to AvaTrade’s rating of 94.

Demo Account

AvaTrade offers a 21-day demo account with virtual funds of $10,000, which can be restored by contacting customer support. In contrast, FxPro offers a longer demo account period of 180 days, with virtual funds of $100,000, which can be restored directly from the FxPro Direct dashboard.

Account Opening

Both brokers have a minimum deposit requirement of $100 and accept a range of payment methods, including wire transfers, credit/debit cards, and eWallets. AvaTrade offers a wider selection of account types, including standard, spread betting, Islamic, and professional accounts, whereas FxPro offers MT4, MT5, cTrader, and VIP accounts, as well as a spread betting account for UK traders.

Social-Copy Trading

AvaTrade offers social-copy trading via third-party platforms ZuluTrade and DupliTrade, as well as through its own proprietary platform AvaSocial. In contrast, FxPro does not offer any social-copy trading features.

Markets

AvaTrade offers a more extensive range of markets, with 53 forex pairs, 19 commodities, 31 indices, 20 cryptocurrencies, 610+ stocks, 60+ ETFs, and 54+ futures and options. FxPro offers 70+ forex pairs, 15 commodities, 18 indices, 28 cryptocurrencies, 2000+ stocks, and 22 futures and options. Both brokers offer only CFDs and are suitable for short-term investors.

Trading Fees

AvaTrade charges fixed spreads, with a starting point of 0.9 pips on forex, which is higher than the market average. In contrast, FxPro charges both variable and fixed spreads, with variable spreads starting from 0.1 pips on forex (lower than the market average) and fixed spreads starting from 1.6 pips on forex (higher than the market average).

Platforms

Both brokers offer MetaTrader 4 and 5, as well as their own proprietary platforms. AvaTrade also offers AvaOptions for trading options and AvaSocial for social-copy trading, while FxPro offers cTrader in addition to its own FxPro EDGE platform. AvaTradeGo is the mobile app for AvaTrade, while FxPro offers both a mobile app and a web trader.

Education/Customer Care

AvaTrade has a strong offering of educational materials, with a focus on beginner traders and in-depth webinars for professional traders. Customer care is available in over 25 languages, with easy access via phone, email, and live chat. In contrast, FxPro has limited educational resources, with basic video tutorials and PDF guides for beginners and few resources for professionals. However, customer care is available in over 30 languages and is easily accessible via phone, email, and live chat.

Conclusion

Overall, both AvaTrade and FxPro have their strengths and weaknesses, and the choice between them ultimately depends on an investor’s priorities. AvaTrade has a wider range of markets, more account types, and stronger educational resources. On the other hand, FxPro offers a longer demo account period, a wider range of trading platforms, lower variable spreads, and more available stocks. Both brokers have strong security measures in place and offer reliable customer care. Ultimately, investors should carefully consider their priorities and choose the broker that best suits their needs.

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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