This comparison guide helps users who need assistance choosing between AvaTrade and FP Markets to find the right online broker for their trading and investment needs. It considers the fundamental features of the two brokers side by side to help users compare their service and make an informed decision.
To help users select the optimal broker between AvaTrade and FP Markets to find the best-suited platform, below is a list of broker’s pros and cons, followed by a comparison of their main trading features, including trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, regulation, and customer support.
AvaTrade vs. FP Markets: Summary
AVATrade is a well trusted global online broker for forex and CFD trading. Their multi-asset trading platform and mobile trading app enable traders to access 1365+ tradable symbols overall, including 1200+ CFD’s, major currency pairs with low forex spreads and premium options.
Beside their proprietary platform AVAtradeGo and MetaTrader, AVAtrade has great selection of copy trading solutions including ZuluTrade, DupliTrade and AVAsocial.
AvaTrade charges fixed forex spreads from 0.9 pips (EUR/USD) and 0% commission on stocks and crypto CFDs. They additionally charge overnight, currency conversion, and inactivity fees, which makes their overall costs industry average.
Account opening is fast, deposits and withdrawals are free of charge. The minimum deposit is $100.
FP Markets is a forex and CFD broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs.
FP markets list of trading platforms includes three proprietary web-based platforms (Iress Trader, Investors and ViewPoint) and the full MetaTrader suite (MT4 and MT5).
FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.
The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.
Pros
- Low minimum deposit ($100)
- Fixed forex spreads from 0.9 pips
- Wide range of platforms and third party integrations (MT4, MT5, TradingView)
Cons
- Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options
Pros
- Low spreads from 0,0 pips EUR/USD
- Wide range of platforms ( MT4,MT5 & cTrader)
- Access to 10,000 tradable symbols
Cons
- Only CFD and forex trading
- Demo account is not unlimited
Key features
- Access to 1250 CFDs and 44 forex options
- Excellent copy trading features
- Advanced mobile trading app (AvaOptions)
- Industry average pricing
- Perfect for casual and advanced traders
- Access to the full meta trader suite
Key features
- Wide range of markets (forex, stocks, ETFs, commodities, and crypto)
- Competitive trading fees
- Access to MT4,MT5 & cTrader
- Excellent copy trading features with Myfxbook Autotrade
- Various professional trading tools (Autochartist and Traders Toolbox)
- Access to MAM/PAMM accounts available
AvaTrade vs. FP Markets Comparison
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AVAtrade
FP Markets
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:400 | 1:500 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | $50 after every 3 months and $100 after every 12 months | 0 |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.9 | 0.1 |
Stocks & ETF | 0 | 0 |
CFD (Gold) | 3.4 | 0.2 pips |
Crypto | 0.35% | 0 |
Options | 0 | 0 |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $100 | 0 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 0 |
ETF & Funds | 0 | 0 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 55 | 63 |
CFD Indices & Funds | 91 | 14 |
CFD Stocks | 612 | 9000 |
CFD Commodities | 18 | 10 |
CFD Crypto | 20 | 4 |
CFD Bonds | 2 | 2 |
Binary Options | 44 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
AvaTrade vs. FP Markets Comparison Conclusion
The results of our comparison of AvaTrade vs. FP Markets are wrapped up in the table below.
Broker: | Best For: |
AvaTrade | Forex, CFDs and Options |
FP Markets | Forex and CFD trading with low fees |
Choosing between AvaTrade and FP Markets can be challenging. Both online brokers have similarities but differ regarding trading instruments, platforms & apps, regulation, deposit & withdrawals, and research and education. Selecting the best broker depends on users’ trading & investment goals, individual preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.