AvaTradevs
FP MarketsForex Broker Comparison
Two well-regulated forex brokers face off on fees, platforms, and safety nets. The tension centers on how each balances costs against investor protections.
Our Verdict
Too close to call0.1 pts apart
Both AvaTrade and FP Markets are closely matched overall. FP Markets offers an investor compensation scheme that AvaTrade does not.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1AvaTrade has no inactivity fee; FP Markets charges after 3 months.
- 2FP Markets offers an investor compensation scheme; AvaTrade does not.
- 3FP Markets provides raw spreads; AvaTrade does not.
Who should choose AvaTrade vs FP Markets?
Find out which broker best suits your trader profile.
Choose AvaTrade if…
Choose AvaTrade if you value a proprietary platform and strong educational content.
Choose FP Markets if…
Choose AvaTrade if you prefer multiple platforms including MT4, MT5 and AvaTradeGo. Choose FP Markets if you want true ECN pricing with raw spreads and a fixed $6/lot commission. Choose FP Markets if you need access to IRESS for direct-share CFD trading.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FP Markets offers tighter spreads from 0.00 pips vs 0.90 pips for AvaTrade, reducing trading costs.
Best for safety & regulation
Recommended
AvaTrade vs FP Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.4/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5 | 4.6 / 5▲ |
AvaTrade vs FP Markets Forex Broker Pros & Cons
Pros
Heavily regulated across 6+ jurisdictions
AvaOptions platform for vanilla options trading
Strong educational content and structured courses
Multiple platforms including MT4, MT5 and proprietary AvaTradeGo
Regulated by top-tier authorities (FCA, ASIC, CySEC)
AvaTrade vs FP Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
AvaTrade
criteria win
3
FP Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AvaTrade | FP Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
AvaTrade vs FP Markets: Frequently Asked Questions
The scores are close: AvaTrade rates 4.4/5 and FP Markets rates 4.5/5. FP Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FP Markets starts from 0 pips, tighter than AvaTrade's 0.9 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both AvaTrade and FP Markets require a minimum deposit of $100 to open a live trading account.
Both AvaTrade and FP Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
AvaTrade lists maximum leverage of 400:1, while FP Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FP Markets charges $6 per lot on commission-based accounts. Commission details for AvaTrade are not currently available. Check their website for up-to-date pricing.
AvaTrade supports ZuluTrade, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. AvaTrade has exclusive access to ZuluTrade and Proprietary Web/Mobile. FP Markets has exclusive access to cTrader and IRESS and TradingView.
