AvaTrade vs FP Markets
Two well-established brokers with fundamentally different pricing models. AvaTrade (2006) uses fixed spreads, no commission. FP Markets (2005) uses raw ECN pricing with per-lot commission — variable spreads + transparent execution costs. The two models suit different trader types.
FP Markets wins for active traders, AvaTrade wins for beginners and multi-asset diversification. FP Markets has cheaper cost-per-trade ($3/lot commission + 0.0 pip raw spread vs AvaTrade's fixed 0.9 pip EUR/USD), the highest Trustpilot rating in retail forex (4.7★), and Iress for DMA share CFDs across 10,000+ instruments. AvaTrade has broader regulation (9 jurisdictions vs FP Markets' 2), vanilla options (AvaOptions), and predictable fixed-spread costs. Cost-conscious active traders pick FP Markets; multi-asset HNWI pick AvaTrade.
Head-to-Head Comparison
| Feature | AvaTrade | FP Markets |
|---|---|---|
| Score | 4.6/5 | 4.6/5 |
| Min Deposit | $100 | $100 |
| Spreads | 0.9 pips (Standard) | 0.0 pips (Raw) |
| Regulation | ASIC, FCA, FSCA, CBI, ADGM | ASIC, CySEC, FSA |
| Founded | 2006 | 2005 |
| HQ | Ireland | Australia |
| Platforms | MT4, MT5, AvaTradeGO | MT4, MT5, cTrader, Iress |
| Trustpilot | 4.4★ (8,900 reviews) | 4.7★ (7,400 reviews) |
| Islamic Account | Yes | Yes |
Spreads & Fees
AvaTrade EUR/USD typically 0.9 pips ($9 per standard lot), gold 33 cents. No commission. FP Markets Raw ECN: 0.0 pip average + $3 per lot per side ($6 round-turn). On a 1-lot trade: AvaTrade $9, FP Markets $6. FP Markets is cheaper by $3 once trading actively. For 1-5 trades/week, negligible. For 10+/day, FP Markets saves $50-200/month.
Regulation & Safety
AvaTrade holds 9 licences (Central Bank of Ireland, ASIC, FSA Japan, FSCA, FSC BVI, ADGM, CySEC partner, ISA, FRSA). FP Markets holds ASIC (2005+) and CySEC. AvaTrade has broader geographic licensing; FP Markets has longer single-jurisdiction track record. Both segregate client funds. For 'max regulatory recognition' AvaTrade wins; for 'longest single-jurisdiction track record' FP Markets wins.
Platforms & Tools
AvaTrade: MT4, MT5, AvaTradeGO, AvaOptions, AvaSocial/ZuluTrade/DupliTrade. FP Markets: MT4, MT5, cTrader, TradingView, Iress. Different orientations: AvaTrade for multi-product retail (forex + options + copy trading). FP Markets for serious multi-asset active trading (raw ECN forex + DMA share CFDs). FP Markets supports algorithmic trading via cTrader cAlgo more fully than AvaTrade.
You want predictable fixed-spread costs (great if you trade infrequently), vanilla options via AvaOptions, the broadest regulatory portfolio (9 jurisdictions including rare Japanese FSA), or copy trading via AvaSocial/ZuluTrade/DupliTrade. AvaTrade is the choice for beginners and multi-asset HNWI valuing regulatory recognition over per-lot cost.
Open AvaTrade Account →You want the lowest cost per trade ($6/lot vs $9/lot), the highest Trustpilot rating in retail forex (4.7★ from 7,400+ as trust signal), Iress for DMA share CFDs across 10,000+ instruments, or cTrader for algorithmic trading via cAlgo. FP Markets is the active multi-asset trader's broker.
Open FP Markets Account →Can't Decide?
We recommend FP Markets
FP Markets scored 4.6/5 in our testing. $100 minimum deposit, ASIC, CySEC, FSA regulated.
Open FP Markets Account →We opened live accounts with both brokers, deposited real funds, and tested spreads, execution, and withdrawals over 30 days. Scores are based on our transparent methodology. Last updated: April 2026.
CFDs are complex instruments. 74-89% of retail accounts lose money. Data accurate April 2026.