FxPro vs AvaTrade - Fees Review included
Which broker is better FxPro or AvaTrade? Our expert assessment conducted according to TU’s own methodology showed that FxPro is one of the top brokers in the financial market with the TU Overall Score of 7.9 out of 10. AvaTrade is one of the top brokers in the financial market with the TU Overall Score of 7.06 out of 10. Find out more about TU Overall Score.
| Feature | FxPro | AvaTrade |
|---|---|---|
Overall |
4.6 |
4.6 |
5 |
4.7 |
|
3.9 |
4.4 |
|
4.6 |
4.4 |
|
Investment Instruments |
4.9 |
4.2 |
Platforms and Charting Tools |
4.2 |
4.6 |
Deposit and Withdrawal |
4.5 |
4.7 |
Research |
4.7 |
4.4 |
Education |
4.6 |
4.8 |
Support |
4.5 |
4.6 |
Bonuses |
2.5 |
3.9 |
|
|
|
FxPro vs AvaTrade: Pros and Cons
The FxPro broker was registered in July 2006 in Cyprus. The company’s activities are licensed by financial regulators: CySEC (Cyprus), Bahamas SCB, FCA (UK), and South African FSCA. FxPro is successfully operating in more than 170 countries for retail and institutional clients. The broker has received more than 85 awards, including “Best Forex Trading Platform” and “Best Trading Platform”. FxPro has become known for providing the best trading tools. With FxPro broker, traders can trade more than 70 currency pairs, futures and stocks (Twitter, Apple, Google). The company has stock indices, metals and energy resources at its disposal. FxPro sets high safety standards with the client's funds being kept in large international banks. They are insured and separated from the broker's equity.
AvaTrade was founded in 2006 in Dublin, Ireland. The company has offices in 150 countries. It currently has over 200, 000 registered users and processes more than 2 million transactions every month. These factors contribute to AvaTrade being a reliable and trusted broker. They are accredited across five continents and are one of the market leaders. The broker is regulated by the Australian Securities and Investment Commission (ASIC), the Japanese FSA, and the South African FSCA. AvaTrade holds accreditation by the Central Irish Bank, the Abu Dhabi Financial Services Regulatory Authority, and the British Virgin Islands Financial Services Commission. AvaTrade allows traders to trade stocks, securities, indices, cryptocurrencies, and currency pairs. In total, the offer more than 250 tools to customers.
| FxPro | AvaTrade | |
|---|---|---|
| Overall Pros | Regulated in EU and Great Britain | Highly regulated broker, licenced on the territory of 5 continents |
| Big choice of ECN/STP accounts | a wide range of trading instruments | |
| insurance of client funds | Swap-free account | |
| Strong research and education | Advanced copy trading tools | |
| PAMM and Copy-trading for investors | A lot of educational content | |
| Personal offers for VIP-clients | Low fees | |
| Optioins trading | ||
| Overall Cons | High spreads and fees | customer service efficiency and response time |
| No forex bonuses | There is no ECN account | |
| Market maker(dealing desk) type of broker |
FxPro vs AvaTrade: Safety and Regulation
| FxPro | AvaTrade | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,000 |
€20,00 |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
Yes |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
Yes |
BVI FSC |
No |
Yes |
VFSC |
No |
No |
FSA (Seychelles) |
Yes |
No |
FxPro vs AvaTrade: Trading Conditions
| Trading Conditions | FxPro | AvaTrade |
|---|---|---|
Minimum Deposit |
$100 |
$100 |
Trading Platforms |
MT4, MT5, MultiTerminal |
MT4, MT5, AvaTradeGo, AvaOptions |
Max Leverage (Futures) |
1:500 SCB regulation 1:30 (FCA, CySec regulation) |
1-400 |
Supported Markets |
Forex, CFDs on indices cryptocurrencies, stocks, energy commodities |
Currency pairs, Forex Options, CFDs on stocks, cryptocurrencies, indices, metals, commodities |
Trading assets |
3000+ |
100+ |
Trading Accounts |
FxPro MT4 Instant (with fixed spreads), FxPro MT4 Instant (with floating spreads), FxPro MT4 Market, FxPro MT5, FxPro cTrader, VIP-account |
Standard, Professional account |
Base Account Currencies |
USD, EUR, PLN, GBP, AUD, CHF, JPY, ZAR |
EUR, USD |
FxPro vs AvaTrade: Fees
| FxPro | AvaTrade | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,9 |
0,6 |
Standard acc. spread EUR/USD, max pips |
1,7 |
0,9 |
ECN Commission |
3 |
|
ECN Spread EUR/USD |
0,2 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
15 |
16,66 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FxPro vs AvaTrade: Trading Assets
| Asset Name | FxPro | AvaTrade |
|---|---|---|
Overall |
3000+ trading assets |
1000+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
Yes |
Binary Options |
No |
No |
FxPro or AvaTrade: Investment Programs
| Asset Name | FxPro | AvaTrade |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
Yes |
No |
Managed Accounts |
No |
Yes |
Other |
No |
Bonds |
Trading Platforms: AvaTrade or FxPro
| FxPro | AvaTrade | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
FxPro |
AvaTradeGo, AvaOptions |
Others |
No |
No |
|
|
|
FxPro vs AvaTrade: Deposit and Withdrawal Methods
| FxPro | AvaTrade | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
No |
No |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
No |
No |
FxPro vs AvaTrade: Research
| Research Type | FxPro | AvaTrade |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
FxPro vs AvaTrade: Education
| Education Type | FxPro | AvaTrade |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
AvaTrade vs FxPro: Support
| Support Features | FxPro | AvaTrade |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
FxPro vs AvaTrade: Forex Bonuses and Promo
| Promo | FxPro | AvaTrade |
|---|---|---|
Forex Bonus |
Not offered |
The broker offers its customers a one-time bonus upon first deposit (not for all markets) |
Affiliate Program |
Up to $1.100 per client you introduce to FxPro |
A trader can receive up to 400 US dollars for inviting friends. |
Other Promos |
||
|
|
|
Top 5 Reviews on AvaTrade
-
Comment
AvaTrade stands out from competitors due to its geographic range of regulation — the broker is licensed in Ireland, Australia, Japan, South Africa, and the UAE. Client funds are protected through segregated accounts. Customer support is available 24/7, but the platform’s user interface, especially the mobile version, needs updating. For beginners, educational resources are provided, including webinars and guides.
-
Comment
For passive investors, integration with DupliTrade — a trade-copying service — is available. Users can connect their accounts to the platform and follow strategies tested by other participants. The selection of signal providers is limited, but their data is transparent: performance, risk level, and number of followers are clearly shown. Access to the service is granted after opening an account with a minimum of $100.
-
Comment
Trading conditions at AvaTrade suit both conservative and active traders. Leverage up to 1:400 allows for scaling strategies, and the availability of swap-free accounts is beneficial for Islamic clients. The minimum lot is 0.01, which is convenient for cautious trades. However, customer support is not as fast as expected.
-
Comment
Among the 250+ available instruments, AvaTrade offers trading in currencies, cryptocurrencies, indices, metals, and stocks. The company is regulated by several authorities, including ASIC, FSA, FSCA, and the British Financial Services Commission. Support is available 24/7 and operates in 14 languages. On the downside, the web-based platform interface looks outdated and could use improvement.
-
Comment
I’ve used AvaTrade, and I really like its smooth interface and variety of trading options. The spreads are decent, and having multiple platforms like MT4 and AvaTradeGO makes it flexible. I also appreciate the strong regulations, which add a sense of security. The only downside I noticed is that withdrawals can take a bit longer than expected, but overall, it’s been a solid experience.
Top 5 Reviews on FxPro
-
Comment
FxPro offers negative balance protection, which can be crucial during periods of high volatility. Spreads on the EUR/USD pair remain within the range of 0.3–0.8 pips. Leverage is available up to 1:500. However, the starting conditions may not suit everyone: the minimum deposit is $100 or the equivalent in other currencies.
-
Comment
cTrader was a new platform. The user interface is complex and takes some time for adaptation. I was surprised how fast orders execute during trading sessions. It probably takes less than 0,01 sec.
-
Comment
I tested FxPro in both demo mode and on a real account with fixed spreads. I didn’t notice much difference in execution — orders open and close consistently. Commissions are no higher than the market average. However, due to the lack of localized analysis, I have to rely on external market sources.
-
Comment
Access to MT4, MT5, and cTrader platforms is a plus. It's convenient to choose between fixed and floating spreads, especially if your strategy requires stable conditions. The company’s capital exceeds €100 million, which inspires trust. However, the broker does not offer PAMM accounts or investment services, so it’s not suitable for passive income.
-
Comment
Tried tradin gold here... not bad at all. The raw+ acc is great fit so scalpers or even for daytraders… the spread on gold is below 1 pip most of the time
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.