AvaTrade
FxPesa
VS
Higher Rated
AvaTrade
Capital at risk · T&Cs apply
Choosing between AvaTrade and FxPesa depends on your trading style, preferred markets, and budget. AvaTrade is headquartered in Dublin, Ireland, while FxPesa operates from Nairobi, Kenya. AvaTrade has the longer track record, established in 2006, compared to FxPesa which was founded in 2019. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
AvaTrade
FxPesa
AvaTrade is the better choice overall, scoring 4.0/5 vs 3.3/5 on BrokerRank's independent rating. On fees, FxPesa offers lower spreads (0.6 pips).
See full side-by-side comparison belowOverall Rating
AvaTrade
4.0 vs 3.3
Lowest Fees
FxPesa
0.9 vs 0.6 pips
Regulation
AvaTrade
3 vs 1 licences
Min. Deposit
AvaTrade
$100 vs $5
AvaTrade
FxPesa
AvaTrade
FxPesa
Lower feesAvaTrade holds licences from FCA, ASIC, MAS. FxPesa is regulated by CMA.
Both brokers offer access to Forex, Cfd, Crypto, Indices markets. AvaTrade additionally covers Stocks. FxPesa adds Commodities.
On spreads, FxPesa is more competitive with EUR/USD spreads from 0.6 pips, compared to 0.9 pips at AvaTrade.
AvaTrade supports MT4, MT5, Proprietary Mobile. FxPesa offers MT5, Proprietary Web, Proprietary Mobile. Both brokers are available on MT5, Proprietary Mobile.
AvaTrade requires a minimum deposit of $100, while FxPesa sets a minimum deposit of $5. Both are suitable for traders with moderate starting capital.
BrokerRank scores AvaTrade at 3.98/5 and FxPesa at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. AvaTrade leads overall with a clear advantage.
AvaTrade scores higher overall on our independent rating system. AvaTrade holds a 4.0/5 rating vs FxPesa's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
AvaTrade offers spreads from 0.9 pips, while FxPesa starts at 0.6 pips. Check the fees section above for a full breakdown.
AvaTrade requires a minimum deposit of $100. FxPesa requires $5.
AvaTrade is regulated by FCA, ASIC, MAS, while FxPesa holds licences from CMA.
AvaTrade supports MT4, MT5, Proprietary Mobile. FxPesa supports MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.