Written by ForexBrokers.com
In this head to head comparison of AvaTrade vs FP Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers AvaTrade and FP Markets, both offer a solid base for traders, but they differ in regulatory strength and trust ratings. AvaTrade, founded in 2006, holds a ForexBrokers.com Trust Score of 94 out of 99, placing it in the highly trusted category. It boasts four Tier-1 licenses, which are the most trustworthy, along with three Tier-2 licenses. Unlike a bank, AvaTrade is also not publicly traded, giving customers privacy while maintaining robust oversight.
In contrast, FP Markets, established a year earlier in 2005, does not trade on any stock exchange and is not a bank. It holds a Trust Score of 89, putting it in the trusted category but slightly below AvaTrade. FP Markets maintains two Tier-1 licenses and one Tier-2 license, indicating a reasonable level of trustworthiness. While both brokers offer secure trading options, AvaTrade stands out for its higher number of top-tier regulatory licenses and higher trust rating, offering an extra layer of confidence for traders.
| Feature |
AvaTrade
|
FP Markets
|
|---|---|---|
| Year Founded | 2006 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
When examining the commissions and fees of AvaTrade and FP Markets, AvaTrade offers spreads that are close to the industry average at just under one pip, specifically 0.9 pips as of June 2024. These spreads, while competitive, are slightly higher than those found with entry-level accounts from brokers like CMC Markets and Tickmill. Professional traders who qualify for AvaTrade's Professional account can benefit from more competitive spreads of 0.6 pips, which are comparable to those offered by FP Markets. For commissions and fees, AvaTrade receives a rating of 4.5 stars and is ranked #12 out of 62 brokers by ForexBrokers.com.
FP Markets stands out with its highly competitive pricing, especially for its commission-based ECN account through the MetaTrader and cTrader platforms. This positioning has earned it Best in Class honors for Commissions and Fees in the 2024 Annual Awards. With the Raw ECN account, FP Markets offers spreads averaging 0.1 pips as of October 2023, resulting in an all-in cost of 0.8 pips when commissions are included. For traders using Iress, FP Markets provides Direct Market Access (DMA) for share CFDs, although the Iress ViewPoint account is designed for more active traders with larger accounts, making it less accessible for others. FP Markets secures a 5-star rating for commissions and fees and holds the #6 rank out of 62 brokers as reviewed by ForexBrokers.com.
In comparing both brokers, FP Markets offers more aggressive pricing for its ECN accounts, which may be appealing to traders focused on cost-efficiency. AvaTrade, on the other hand, provides competitive spreads for its Professional account holders, though its standard account spreads are just above some entry-level alternatives offered by other brokers. Ultimately, FP Markets' top-tier ratings and lower trading costs might provide better value to traders who prioritize tight spreads and competitive commissions, while AvaTrade remains a strong contender for both everyday traders and professionals alike.
| Feature |
AvaTrade
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $100 | $100 AUD |
| Average Spread EUR/USD - Standard | 0.93 | 1.2 |
| All-in Cost EUR/USD - Active | 0.61 | 0.7 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
AvaTrade and FP Markets both provide forex trading through CFDs or spot contracts, making them appealing choices for traders interested in the currency markets. AvaTrade offers 1,260 tradeable symbols, which includes 53 forex pairs, while FP Markets surpasses this with 10,000 tradeable symbols and 71 forex pairs. Unfortunately, neither broker grants access to exchange-traded securities on U.S. or international exchanges, meaning you can't directly invest in stocks like Apple or Vodafone through them.
When it comes to cryptocurrency, both AvaTrade and FP Markets offer derivatives rather than actual digital coins. They also support copy trading, enabling users to mirror successful strategies from other traders. Rated for their range of investments, AvaTrade earns 4 stars while FP Markets scores slightly higher with 4.5 stars. On ForexBrokers.com, FP Markets is ranked 18th among 62 brokers in the range of investments category, reflecting its broader offering compared to AvaTrade, which sits at 32nd place.
| Feature |
AvaTrade
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 10000 |
| Forex Pairs (Total) | 53 | 71 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing AvaTrade and FP Markets for their trading platforms and tools, both brokers provide free virtual demo accounts that let users practice trading without financial risk. Each broker has developed its own proprietary platform, ensuring a tailored trading experience. Windows-based desktop platforms and web-based browser access are available from both, as well as support for popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Additionally, copy trading is supported by both brokers, but AvaTrade stands out by offering DupliTrade and ZuluTrade for an expanded trading experience, whereas FP Markets does not provide these services.
For traders interested in technical charting, AvaTrade and FP Markets compete closely, with AvaTrade offering 13 drawing tools and FP Markets providing 17. Both allow direct trading from stock charts and support creating detailed watch lists with seven columns available. Despite these similarities, AvaTrade receives a slightly higher rating at 4.5 stars for trading platforms and tools, compared to FP Markets' 4 stars. According to ForexBrokers.com, AvaTrade ranks 13th out of 62 brokers, while FP Markets is placed at 23rd, highlighting AvaTrade’s stronger offering in this area.
| Feature |
AvaTrade
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 30 |
| Charting - Drawing Tools (Total) | 13 | 17 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of AvaTrade and FP Markets, both platforms stand out by offering comprehensive apps for iPhone and Android. Users can benefit from price alerts and the ability to view multiple time frames on stock or forex charts with both apps. However, AvaTrade takes a slight edge with features like watchlist symbol syncing across devices, and offering 73 technical studies for charting. This wealth of technical tools provides traders with substantial analytical capabilities on-the-go. Although both apps allow for the drawing of trendlines, only FP Markets saves these drawings automatically, which can be a significant plus for traders who frequently switch between sessions.
In terms of user ratings and industry rankings, AvaTrade scores higher with a rating of 4.5 stars for its mobile trading app, whereas FP Markets holds a respectable 4-star rating. On ForexBrokers.com’s list of 62 brokers, AvaTrade is ranked at 13th, while FP Markets comes in at 18th. Both apps allow for the creation of watchlists with real-time quotes, enabling traders to stay updated on market movements. Overall, traders may find AvaTrade's app more appealing for its advanced features and higher user satisfaction rating, while FP Markets provides a competitive alternative with a focus on autosaving drawn chart elements.
| Feature |
AvaTrade
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 73 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing AvaTrade and FP Markets for market research, several factors stand out. Both brokers offer forex news from respected sources like Bloomberg and Reuters, ensuring that traders have access to high-quality information. Both also provide technical analysis tools from Trading Central and sentiment-based trading tools, adding value to their research offerings. However, FP Markets distinguishes itself by providing daily market commentary and tools from Autochartist, which may appeal to traders seeking more technical insights. AvaTrade, on the other hand, does not offer these specific features, which might limit the depth of research for some users.
Both brokers offer an economic calendar, helpful for tracking global news events. In terms of ratings, both AvaTrade and FP Markets receive 4 stars for their research capabilities. Yet, FP Markets is ranked higher by ForexBrokers.com, placing 25th out of 62 brokers, compared to AvaTrade's 34th position. This suggests that while both brokers provide strong research options, FP Markets may offer a slightly better rounded experience due to its additional tools and commentary. Neither broker currently provides market research from TipRanks or Acuity Trading, which might influence traders looking for these specific research resources.
| Feature |
AvaTrade
|
FP Markets
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When considering educational resources suitable for beginners, both AvaTrade and FP Markets provide comprehensive offerings that cater well to those starting out in forex or CFDs. Both brokers ensure accessibility by providing a minimum of 10 educational pieces, including articles, videos, and archived webinars, focusing on these key financial instruments. Additionally, they each conduct online educational webinars at least once per month, allowing for interactive learning opportunities, and maintain searchable archives of past sessions, offering learners the flexibility to access recorded content anytime.
For visual learners, both brokers supply a variety of educational videos, with at least 10 specifically tailored to beginners to ease them into the trading world. As traders evolve, they also offer over 10 advanced videos that delve deeper into more complex trading strategies. An added benefit is the provision of investor dictionaries, each defining over 50 essential investing terms to clarify financial jargon. Despite their parity in education resources, AvaTrade is ranked significantly higher for education by ForexBrokers.com, coming in at #2 out of 62 brokers, compared to FP Markets at #23. Both brokers share a solid rating of 4 stars for education, reflecting their commitment to quality learning support.
| Feature |
AvaTrade
|
FP Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that AvaTrade is better than FP Markets. AvaTrade finished with an overall rank of #13, while FP Markets finished with an overall rank of #19.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
|
FP Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 89 |
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Both AvaTrade and FP Markets provide the option to buy cryptocurrency derivatives, but neither platform offers the ability to purchase actual, delivered cryptocurrency.
Both AvaTrade and FP Markets provide a variety of options for depositing or withdrawing account funds, including PayPal, Skrill, Visa or Mastercard, and bank wire transfers, although neither supports ACH or SEPA transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | AvaTrade | FP Markets | |
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| Trust Score | 94 | 89 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | FP Markets Review |
| Broker Screenshots | AvaTrade | FP Markets | |
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| Regulation | AvaTrade | FP Markets | |
|---|---|---|---|
| Trust Score | 94 | 89 | |
| Year Founded | 2006 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | FP Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | AvaTrade | FP Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | AvaTrade | FP Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 10000 | |
| Forex Pairs (Total) | 53 | 71 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | AvaTrade | FP Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.7 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | FP Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | AvaTrade | FP Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes | |
| DupliTrade | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | AvaTrade | FP Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 30 | |
| Charting - Drawing Tools (Total) | 13 | 17 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | FP Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 73 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | FP Markets | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | FP Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | AvaTrade | FP Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | AvaTrade Review | FP Markets Review |
| Overall | AvaTrade | FP Markets | |
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| Trust Score | 94 | 89 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | FP Markets Review |
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