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Head to head

AvaTrade vs FP Markets

AvaTrade is licensed by Central Bank of Ireland in the European Union, ASIC in Australia, JFSA in Japan, FSRA (ADGM) in the United Arab Emirates (Abu Dhabi Global Market), CMA (Kenya) in Kenya, FSCA in South Africa and CySEC in the European Union, and also has an offshore registration. FP Markets is licensed by ASIC in Australia, CySEC in the European Union and CMA in Kenya, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $0 at AvaTrade and $100 at FP Markets. Only FP Markets offers negative balance protection. Both offer segregated client money.

Facts last checked: AvaTrade on 20 October 2026, FP Markets on 20 October 2026.

AvaTrade profileFP Markets profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
AvaTradeStrictly regulatedRead the profile
FP MarketsStrictly regulatedRead the profile
Comparing
AvaTradeEuropean Union
FP MarketsRaw account · Australia

Overview

Founded
Not yet checked
2005
Headquarters
Not yet checked
Sydney, Australia
Official websites
  • avatrade.com
  • fpmarkets.com
  • fpmarkets.eu
  • fpmarkets.co.ke
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
AVA Trade EU Limited
First Prudential Markets Pty Ltd
Regulator
Central Bank of Ireland
European Union
ASIC
Australia
Regulation level
Strictly regulated
Strictly regulated
Licence number
C53877
Check the register
AFSL 286354
Check the register
Clients this company serves
Residents of EU and EEA countries
Australian residents
All licences held
  • Central Bank of Ireland (European Union)
  • ASIC (Australia)
  • JFSA (Japan)
  • FSRA (ADGM) (United Arab Emirates (Abu Dhabi Global Market))
  • CMA (Kenya) (Kenya)
  • FSCA (South Africa)
  • FSC (BVI) (British Virgin Islands)
  • CySEC (European Union)
  • ASIC (Australia)
  • CySEC (European Union)
  • CMA (Kenya)
  • FSA Seychelles (Seychelles)
Segregated client money
Yes
Yes
Negative balance protection
No
Yes
Compensation scheme
Depends on the company named in your client agreement
ICF up to €20,000 (Cyprus company); none for the Australian, Seychelles or Saint Lucia companies

Costs

Your monthly cost
No accounts listed
$79$7.9 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$7.9
Spread from
No accounts listed
0.0 pips
Typical EUR/USD spread
No accounts listed
0.2 pips
Commission per lot (round turn)
No accounts listed
$6
Typical GBP/USD spread
Not yet checked
0.5 pips
Typical USD/JPY spread
Not yet checked
0.6 pips
Typical XAU/USD spread
Not yet checked
10 cents
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 400:1 on forex (Ava Trade Markets Ltd, BVI); 1:30 on major pairs for EU and Australian retail clients
1:30 on major pairs (Australia, EU); up to 1:500 at the international companies
Retail leverage by asset class
Not yet checked
  • Major currency pairs (Australia: 1:30
  • Currency pairs (international companies): up to 1:500
Margin call level
Not yet checked
Not yet checked
Stop-out level
Not yet checked
Not yet checked

Account

Minimum deposit (this account)
No accounts listed
$100
Base currencies
No accounts listed
Not yet checked
Execution
No accounts listed
Raw spread plus US$3 commission per lot each way (MT4, MT5, cTrader, TradingView)

Platforms and features

Platforms
  • WebTrader
  • AvaTrade app
  • MetaTrader 4
  • MetaTrader 5
  • AvaOptions
  • DupliTrade
  • AvaSocial
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • WebTrader
Markets
Currency pairs, stocks, crypto, commodities, indices, ETFs, bonds and FX options as CFDs
70+ currency pairs, metals, indices, commodities, share CFDs and crypto CFDs
Demo account
Yes
Yes
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Credit or debit card
  • Wire transfer
  • Skrill
  • Neteller
  • WebMoney
  • Bank wire
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Crypto
  • Broker-to-broker transfer
Withdrawal fee
Not yet checked
Not yet checked
Inactivity fee
$50 (or €50/£50) after 3 months without use, then every 3 months; plus a $100 (€100) annual administration fee after 12 months without use, unless prohibited by law
Not yet checked

Support

Customer support
Not yet checked
Not yet checked

Our notes

Strengths
  • Licensed by strict regulators in Ireland, Australia and Japan, plus the ADGM's FSRA, Kenya's CMA and South Africa's FSCA
  • Spreads on EUR/USD from 0.9 pips with no separate commission on the global site
  • A wide range of platforms, including MetaTrader, AvaOptions and copy-trading tools
  • Licensed by ASIC and CySEC, with retail client money held separately from company funds
  • Publishes average spreads per account (EUR/USD 1.29 pips Standard, 0.19 pips Raw)
  • Wide platform choice, including cTrader and TradingView
Watch out for
  • Clients of the global site join Ava Trade Markets Ltd, which holds only an offshore licence from the BVI FSC, and South African clients also trade with that company
  • Inactivity fee of $50 after just 3 months without use, plus a $100 annual administration fee after 12 months
  • No minimum deposit is published as a fixed figure; AvaTrade says it depends on your base currency and payment method
  • We did not find negative balance protection stated for the BVI company; EU and Australian retail rules require it for those companies
  • The international website is operated by FP Markets Ltd, a Saint Lucia company (registration 2025-00853) that holds no financial licence; check which company your client agreement names.
  • International clients may be placed with the Seychelles company (offshore tier), with leverage up to 1:500 and no compensation scheme
  • Says FP Markets (Pty) Ltd is an FSCA-authorised financial services provider (FSP 50926); we could not confirm it on the FSCA register on 2026-10-20 because the register could not be reached.

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • AvaTrade: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • FP Markets: Derivative products are highly leveraged, carry a high level of risk and may not be appropriate for all investors. The legal documents should be considered before entering into transactions with us.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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