FP Markets vs Avatrade

FP Markets vs AvaTrade Comparison Table 2024
FP Markets	AvaTrade
Review 4	Review 4.9

FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.	AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.
Customer Reviews
	4.3 Based on 4 AvaTrade customer reviews
Comment by Reviewer
"We recommend FP Markets for forex and stock traders with 70+ currency pairs and an impressive 10,000+ stocks available as CFDs."	"AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit."
Pros
Regulated and reputable broker with ASIC and CySEC oversight Tight spreads available on both the standard and raw spread account Good range of additional tools and features including educational content, Myfxbook and Autochartist Excellent line-up of charting platforms including MT4, MT5, cTrader and TradingView Bespoke copy trading platform High leverage up to 1:500	WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for day traders The broker’s unique risk management tool, AvaProtect, protects against losses up to $1 million and is easy to activate in the platform Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools There's a great range of fee-free deposit methods, including bank wire, credit cards and popular e-wallets like Skrill The broker offers reliable 24/5 multilingual customer support with fast response times during testing AvaTrade is a heavily regulated and trustworthy broker with licenses from the ASIC, CySEC and more Day traders can access stable spreads and zero commissions with no hidden fees
Cons
$55 subscription fee on IRESS accounts Withdrawal fees for some payment types Does not accept US customers	A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners There’s an above-average $50 inactivity fee after three months, though this won't impact active day traders It’s a shame that there are no rebate schemes for serious traders looking for additional perks - CMC Markets would be a better choice here There is no ECN account with raw spreads Traders from the US are not accepted
Awards
Best Global Forex Value Broker 2019 - Global Forex Awards Best Quality of Trade Execution 2019 - Investment Trends	Best Mobile Trading Platform 2023 - Finance Derivative Best Educational 2023 - Global Business Magazine Best Overall Broker 2022 - DayTrading.com Best Trading App 2021 - DayTrading.com Best Forex Broker 2019 - DayTrading.com
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$100
Trading Platforms
MT4 MT5 cTrader TradingView AutoChartist TradingCentral	WebTrader AvaTradeGO AvaOptions MT4 MT5 AlgoTrader TradingCentral DupliTrade
Payment Methods
Credit Card Dragonpay FasaPay Mastercard Neteller Perfect Money Skrill Visa Wire Transfer	Boleto Credit Card Debit Card FasaPay JCB Card Mastercard MoneyGram Neteller Perfect Money Skrill Swift WebMoney Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, CySEC, ESMA	ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
Margin Trading
No	Yes
Margin Rate
	2%
STP Account
Yes	Yes
ECN Account
Yes	No
DMA Account
Yes	Yes
MAM Account
Yes	Yes
PAMM Account
Yes	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
	AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that’s not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that’s rare to find elsewhere.
Android App Rating
	4
iOS App Rating
	4.3
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.	AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite.
Social Trading
Yes	Yes
Trade Signals
	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$50
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY TRY CHF PLN CZK THB VND	USD EUR GBP CAD AUD
Stock Exchanges
Australian Securities Exchange (ASX) Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India New York Stock Exchange	Australian Securities Exchange (ASX) Borsa Italiana Deutsche Boerse Euronext Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq Russell 2000 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Toronto Stock Exchange Taiwan Stock Exchange
Commodities
Aluminium Copper Corn Gold Iron Natural Gas Oil Palladium Platinum Silver Soybeans Steel Wheat	Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Lithium Natural Gas Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat
CFD Trading
FP Markets' CFD trading covers a range of markets, including 10,000+ equities, indices, commodities, cryptocurrencies and ETFs. Spreads are tight and traders get fast execution speeds.	AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on underlying assets in the broker’s feature-rich web and mobile platforms with market-leading research tools to help discover opportunities.
Leverage
1:30 (UK), 1:500 (Global)	1:30 (Retail) 1:400 (Pro)
FTSE Spread
1.64	0.5
GBPUSD Spread
1.9 average	1.5
Oil Spread
0.04	0.02
Stocks Spread
Variable	0.13
Forex Trading
FP Markets is a good option for forex traders, with 70+ pairs covering an excellent range of currencies. Spreads are already tight on standard accounts and start from zero on raw spread accounts, and the broker offers high leverage up to 1:500 and top-tier liquidity.	AvaTrade offers 50+ currency pairs with competitive spreads from 0.9 pips and zero commissions. You can trade majors, minors and exotics around the clock on industry-leading platforms, including MT4 and MT5. Traders can also access beginner-friendly trading tools and comprehensive forex education.
Forex App
	AvaTrade provides AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.
GBPUSD Spread
1.9	1.5
EURUSD Spread
1.1	0.9
EURGBP Spread
1.7	1.5
Assets
60+	50+
Currency Indices
USD	USD
Cryptocurrency
Take positions on popular cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin with leveraged CFDs. However, you cannot directly buy and own crypto tokens.	Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a great range of digital currencies including Bitcoin, Ethereum and Ripple, plus a crypto index. You can access competitive crypto spreads in the broker's wide choice of platforms as well as 1:2 leverage.
Spread
Floating	BTC <1%, ETH 2%
Coins
ADA BCH BTC DOG DOT EOS ETH LNK LTX XRP SOL XLM	BCH BTC BTG ETH LTC XRP EOS DASH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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