Which broker is better for United Kingdom traders in 2026? Expert analysis across 12 categories.
For United Kingdom traders navigating the forex and CFD market, choosing between AvaTrade and FxPro is a common dilemma. Both brokers are regulated by the Financial Conduct Authority (FCA), ensuring a high level of client protection and adherence to UK financial standards. This comparison focuses on key factors for UK-based traders, including trading costs, deposit methods, and platform availability. AvaTrade, with a score of 4.6/5, offers a broader range of platforms including MT4, MT5, and its proprietary AvaTradeGO, along with competitive spreads. FxPro, scoring 4.1/5, is known for its fast execution and straightforward account structure. This guide will help you decide which broker aligns best with your trading style and local requirements, whether you're a retail or professional trader in the United Kingdom.
| Instrument | AvaTrade | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
For United Kingdom traders, trading costs are a critical factor. AvaTrade generally provides tighter spreads, with EUR/USD starting from 0.9 pips on standard accounts, while FxPro's spreads begin around 1.2 pips. On a typical UK trader's monthly volume of 50 lots, AvaTrade's lower spreads can save approximately £150 in spread costs compared to FxPro. Both brokers offer competitive commission structures, but AvaTrade's overall cost advantage is more pronounced for high-frequency traders. FxPro, however, has no hidden fees and transparent pricing, which appeals to cost-conscious UK traders.
| Account Type | AvaTrade | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $100 | $100 |
| Entity / Asset | AvaTrade | FxPro |
|---|---|---|
| United Kingdom (offshore) | Up to 1:400 | Up to 1:500 |
| Forex major pairs | 1:400 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | AvaTrade | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | AvaTrade |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | AvaTrade |
| Crypto CFDs | 30+ | 20+ | AvaTrade |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | AvaTrade | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
United Kingdom traders value platform diversity. AvaTrade supports MetaTrader 4, MetaTrader 5, AvaTradeGO, and WebTrader, catering to both beginners and advanced traders. FxPro offers MT4, MT5, and its proprietary cTrader platform, which is popular among UK traders for its advanced charting and order management. AvaTrade's broader selection gives it an edge for traders who want flexibility, while FxPro's cTrader is a strong draw for those prioritising speed and customisation. Both brokers provide mobile apps optimised for UK users.
| Factor | AvaTrade | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | AvaTrade |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro is known for its ultra-fast execution, with average speeds under 60 milliseconds, making it ideal for UK scalpers and high-frequency traders. AvaTrade's execution is reliable but slightly slower, averaging around 100 milliseconds. Both brokers offer no dealing desk (NDD) execution on major pairs. For UK traders who prioritise speed, FxPro has a clear advantage, while AvaTrade's execution is sufficient for most retail traders.
| Safety Factor | AvaTrade | FxPro |
|---|---|---|
| Primary regulator | CBI | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both AvaTrade and FxPro are regulated by the FCA in the United Kingdom, which is a top-tier regulator. This means UK traders benefit from FCA client money segregation, negative balance protection, and access to the Financial Ombudsman Service. FSCS protection covers up to £85,000 per client, offering peace of mind. AvaTrade also holds additional licenses in other jurisdictions, while FxPro is solely focused on FCA and CySEC regulation. For UK traders, FCA oversight ensures a high standard of safety and transparency.
| Payment Method | AvaTrade | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days | 1 business day |
United Kingdom traders can deposit and withdraw funds using Bank Transfer, PayPal, Skrill, and Faster Payments at both AvaTrade and FxPro. Deposits via PayPal and Skrill are instant and free, while Faster Payments typically process within minutes. Bank transfers may take 1-2 business days. Withdrawals are processed within 24 hours at both brokers, with PayPal and Skrill offering the fastest returns. Neither broker charges fees for these methods, making them ideal for UK traders who value speed and low costs. Minimum deposits are £100 at AvaTrade and £50 at FxPro, giving FxPro an edge for smaller budgets.
| Islamic Account Feature | AvaTrade | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For United Kingdom Muslim traders, both AvaTrade and FxPro offer Islamic (swap-free) accounts that comply with Sharia law. AvaTrade provides Islamic accounts across all account types with no swap fees on overnight positions. FxPro offers them on request, with similar conditions. These accounts are available to UK residents and are supported by FCA regulation, ensuring full compliance. Traders should note that Islamic accounts may have different margin requirements, so it's advisable to check terms with each broker.
| Support Feature | AvaTrade | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | AvaTrade |
Customer support is available in English and local UK hours at both brokers. AvaTrade offers 24/5 live chat, phone, and email support, with a UK-dedicated phone line. FxPro provides 24/5 multilingual support via live chat, phone, and email. Both brokers have comprehensive FAQ sections tailored to UK traders. AvaTrade's support is slightly more responsive, but FxPro's team is knowledgeable about UK-specific queries.
| Mobile Feature | AvaTrade | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | AvaTrade |
| Google Play rating | 4.3 stars | 4.2 stars | AvaTrade |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | AvaTrade | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | AvaTrade |
Choose AvaTrade if you...
Choose FxPro if you...
For United Kingdom traders, both AvaTrade and FxPro are excellent FCA-regulated choices, but the best fit depends on your priorities. AvaTrade's higher score (4.6/5) reflects its lower spreads, broader platform selection, and strong educational content, making it ideal for cost-conscious and platform-diverse traders. FxPro (4.1/5) excels in execution speed and offers a simpler account setup with a lower minimum deposit. Both support UK-friendly deposit methods like Bank Transfer, PayPal, Skrill, and Faster Payments. Ultimately, if you value low costs and flexibility, choose AvaTrade. If speed and simplicity are paramount, FxPro is a solid alternative. Both are compliant with FCA regulations, ensuring your funds are safe.