
AvaTrade is a widely regulated, spread-only broker with a $100 minimum deposit, options trading, AvaProtect loss cover and copy trading. FP Markets is a raw-spread broker that has traded since 2005, with ASIC and CySEC licences in its group, four platforms and more than 10,000 CFDs. The better fit depends on where you live, how often you trade and which company would hold your account.
Quick Answer
| Best for | Winner | Why |
|---|---|---|
| Starting small | FP Markets | No stated minimum against $100 |
| Raw-spread account | FP Markets | AvaTrade has no raw-spread account |
| No inactivity fee | FP Markets | AvaTrade: $50 after every 3 months of non-use, plus $100 after 12 months |
| cTrader | FP Markets | AvaTrade doesn’t offer it |
A “winner” here means the better published figure on that one line. It is not a recommendation: the right broker depends on where you live and how you trade.
Comparison Table
| AvaTrade | FP Markets | |
|---|---|---|
| Operating since | 2006 | 2005 |
| Company for international clients | Ava Trade Markets Ltd, regulated by the BVI FSC | FP Markets Ltd, registered in Saint Lucia (a registration, not a licence) |
| Regulators in the group | Central Bank of Ireland, ASIC, CySEC, FSCA, Japan FSA, ADGM FSRA, BVI FSC, CMA Kenya, ISA | ASIC, CySEC, FSCA, FSA Seychelles, CMA Kenya; Saint Lucia registration |
| Minimum deposit | $100 | None stated |
| Commission-free spreads | EUR/USD 0.8 pips on its instrument table (30 September 2026) | Standard from 1.0 pip (EUR/USD average 1.2) |
| Raw-spread account | None | Raw from 0.0 pips (EUR/USD average 0.1) plus US$3 per side |
| Maximum leverage | 400:1 on forex (international); 30:1 for EU and Australian retail clients | 1:500 |
| Platforms | MT4, MT5, WebTrader, AvaTrade app, AvaOptions | MT4, MT5, cTrader, TradingView |
| Copy trading | AvaSocial, DupliTrade and ZuluTrade | Social Trading on MT4 and MT5; cTrader Copy |
| Inactivity fee | $50 after every 3 months of non-use, plus $100 after 12 months | None |
| Withdrawal fee | None listed | None on bank wires from FP Markets |
| Swap-free | Islamic account (no overnight fee for up to 5 days) | Islamic accounts with admin fees after a grace period |
| Bonus | First-deposit bonus on promotion days (not in many countries) | None; Refer a Friend only |
Figures come from each broker’s official site, checked on 11 October 2026. Spreads move through the day, and conditions vary by country and by the company that holds your account.
Regulation and Safety
AvaTrade has operated since 2006 and its companies are licensed by nine regulators, including the Central Bank of Ireland, ASIC, CySEC and Japan’s FSA. Traders in the EU and Australia get locally regulated accounts; most other international clients are served by its British Virgin Islands company.
FP Markets’ group is regulated by ASIC in Australia and CySEC in Cyprus, and its site also names the FSCA in South Africa and the FSA in Seychelles. Many international clients, however, are placed with FP Markets Ltd, which is registered in Saint Lucia and is not a member of an investor compensation fund.
Both groups hold top-tier licences, but those protect only the clients of the licensed companies. What matters is which company your country places you with, so check your client agreement before you deposit.
Trading Costs
On commission-free accounts, AvaTrade lists: EUR/USD 0.8 pips on its instrument table (30 September 2026). FP Markets lists: Standard from 1.0 pip (EUR/USD average 1.2). “From” figures are minimums, so expect wider live spreads, especially around news.
Only FP Markets offers a raw-spread account: Raw from 0.0 pips (EUR/USD average 0.1) plus US$3 per side. AvaTrade is spread-only, which is simpler but usually costs more per trade for frequent traders.
AvaTrade’s inactivity fee: $50 after every 3 months of non-use, plus $100 after 12 months. FP Markets lists no inactivity fee. Withdrawal fees: AvaTrade: none listed; FP Markets: none on bank wires from FP Markets.
Platforms and Copy Trading
AvaTrade offers MT4, MT5, WebTrader, AvaTrade app and AvaOptions. FP Markets offers MT4, MT5, cTrader and TradingView.
AvaTrade’s copy trading: AvaSocial, DupliTrade and ZuluTrade. FP Markets’s copy trading: Social Trading on MT4 and MT5; cTrader Copy. Copying another trader doesn’t remove risk: you can lose money as fast as trading yourself.
Leverage
AvaTrade’s maximum leverage: 400:1 on forex (international); 30:1 for EU and Australian retail clients. FP Markets’s: 1:500.
A higher maximum is not an advantage in itself. Leverage multiplies losses as fast as gains, so beginners should use far less than either broker allows.
Which One Should You Choose?
Go with AvaTrade if:
- You want a broker licensed by several top-tier regulators
- You want options, AvaProtect loss cover or copy trading
- You will trade often enough to avoid its inactivity fees
Go with FP Markets if:
- You trade often and want raw spreads with a low commission
- You want cTrader or TradingView
- You want a group with ASIC and CySEC licences
Whichever you choose, test a small withdrawal early, verify your account before you need your money, and risk only what you can afford to lose.
FAQ
Which has the lower minimum deposit, AvaTrade or FP Markets? FP Markets. AvaTrade: $100. FP Markets: none stated.
How are AvaTrade and FP Markets regulated? AvaTrade’s international clients deal with Ava Trade Markets Ltd, regulated by the BVI FSC. FP Markets’s deal with FP Markets Ltd, registered in Saint Lucia (a registration, not a licence). Group regulators: AvaTrade: Central Bank of Ireland, ASIC, CySEC, FSCA, Japan FSA, ADGM FSRA, BVI FSC, CMA Kenya, ISA; FP Markets: ASIC, CySEC, FSCA, FSA Seychelles, CMA Kenya; Saint Lucia registration.
Which is cheaper to trade with? It depends on the account. Commission-free: AvaTrade: EUR/USD 0.8 pips on its instrument table (30 September 2026); FP Markets: Standard from 1.0 pip (EUR/USD average 1.2). Raw accounts: AvaTrade: none; FP Markets: Raw from 0.0 pips (EUR/USD average 0.1) plus US$3 per side.
Does either charge an inactivity fee? AvaTrade: $50 after every 3 months of non-use, plus $100 after 12 months. FP Markets: none.
Do both offer copy trading? AvaTrade: AvaSocial, DupliTrade and ZuluTrade. FP Markets: Social Trading on MT4 and MT5; cTrader Copy.
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