AvaTrade Review 2024

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Written By
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Written By
Rebecca Holden
Rebecca is an investment writer and broker analyst. She has evaluated dozens of brokers and trading platforms. Rebecca formerly worked in e-commerce where she helped grow the online presence of some of the UK's largest brands.
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Edited By
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Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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Fact Checked By
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Fact Checked By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
Updated

4.9 / 5
AvaTrade is #1 in our CFD broker rankings.

AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit.

- Rebecca Holden, Reviewer

AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.

WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
-
USD, EUR, GBP, CAD, AUD
Skrill, Wire Transfer, FasaPay, Mastercard, Perfect Money, Swift, MoneyGram, Credit Card, WebMoney, JCB Card, Debit Card, Neteller, Boleto

Trading App

AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that’s not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that’s rare to find elsewhere.

iOS App Rating
Android App Rating

Forex Trading

AvaTrade offers 50+ currency pairs with competitive spreads from 0.9 pips and zero commissions. You can trade majors, minors and exotics around the clock on industry-leading platforms, including MT4 and MT5. Traders can also access beginner-friendly trading tools and comprehensive forex education.

Stock Trading

AvaTrade offers hundreds of shares on leading exchanges including the NYSE and FTSE. You can take positions on leading tech firms like Tesla, Apple and Microsoft with no restrictions and 24/5 support. There is also an above-average selection of 45+ indices and 60+ ETFs.

CFD Trading

AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on underlying assets in the broker’s feature-rich web and mobile platforms with market-leading research tools to help discover opportunities.

Crypto Trading

Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a great range of digital currencies including Bitcoin, Ethereum and Ripple, plus a crypto index. You can access competitive crypto spreads in the broker's wide choice of platforms as well as 1:2 leverage.

Spread Betting

AvaTrade continues to offer spread betting for UK traders via the MT5 platform, with zero tax on profits. There are no extra currency conversion fees on any asset and leverage is available up to 1:30. You can also practice in the free demo account.

Copy Trading

AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite.

Awards

  • Best Mobile Trading Platform 2023 - Finance Derivative
  • Best Educational 2023 - Global Business Magazine
  • Best Overall Broker 2022 - DayTrading.com
  • Best Trading App 2021 - DayTrading.com
  • Best Forex Broker 2019 - DayTrading.com

✓ Pros

  • WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for day traders
  • The broker’s unique risk management tool, AvaProtect, protects against losses up to $1 million and is easy to activate in the platform
  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • Recently introduced AvaFutures offers an alternative vehicle to speculate on over 35 markets with low day trading margins
  • There's a great range of fee-free deposit methods, including bank wire, credit cards and popular e-wallets like Skrill
  • The broker offers reliable 24/5 multilingual customer support with fast response times during testing
  • AvaTrade is a heavily regulated and trustworthy broker with licenses from the ASIC, CySEC and more
  • Day traders can access stable spreads and zero commissions with no hidden fees

✗ Cons

  • A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners
  • There’s an above-average $50 inactivity fee after three months, though this won't impact active day traders
  • It’s a shame that there are no rebate schemes for serious traders looking for additional perks - CMC Markets would be a better choice here
  • There is no ECN account with raw spreads
  • Traders from the US are not accepted

In this AvaTrade review, I’ve put the broker to the test, evaluating its accounts, markets, fees, platforms, regulations and support, to decide whether AvaTrade lives up to its motto: ‘Trade with Confidence’.

Regulation & Trust

4.8 / 5

AvaTrade gets a very high trust score for several reasons, including:

You can also see how AvaTrade’s regulatory credentials stack up against other brokers below.

Comparison of similar brokers 2024
AvaTrade Pepperstone IG
Regulator ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
Segregated Accounts Yes Yes Yes
Negative Balance Protection Yes Yes Yes
Visit Visit Visit Visit
Review Review Review Review

Accounts & Banking

4.3 / 5

AvaTrade offers a single account to retail investors. This keeps things simple for beginners, providing access to the full range of instruments and commission-free trading. The $100 minimum deposit is also accessible for new traders.

A Premium membership program is also available, offering priority support, interest on unused funds, exclusive events and a selection of other perks. The minimum account equity is $10,000 and traders will be automatically enrolled on the program the day after they meet the requirements.

In addition, Muslim traders can open a swap-free account. Alternatively, a professional account is available to qualifying traders with benefits including increased leverage.

I think AvaTrade could strengthen its account offering by providing specialized accounts to suit different styles.

For example, Vantage offers a standard, commission-free account alongside an ECN account with raw spreads and low commissions.

author image
Rebecca Holden
Author

How To Open An Account

I can’t fault the account opening process – it took me less than 5 minutes. To get started:

  1. Add your email address and create a password in the application form, then select ‘Create Account’
  2. Complete the ‘Personal Details’ (name, date of birth, country of residency, address and phone number)
  3. Choose an account base currency (USD, EUR, GBP etc) and click ‘Continue’
  4. Answer the financial questions using the dropdown choices
  5. Fill in the trading experience and knowledge section
  6. Review and agree to the terms and conditions and select ‘Finish’

Deposits & Withdrawals

AvaTrade offers convenient account funding. There are no deposit or withdrawal fees – an advantage for active traders looking to move funds frequently.

As you can see from my analysis below, AvaTrade’s choice of payment methods also exceeds that of competitors, even if its choice of account currencies trails some alternatives.

Comparison of similar brokers 2024
AvaTrade Pepperstone IG
Minimum Deposit $0 $0
Payment Methods Boleto, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Neteller, Perfect Money, Skrill, Swift, WebMoney, Wire Transfer BPAY, Credit Card, Debit Card, Mastercard, Neteller, PayPal, POLi, Skrill, UnionPay, Visa, Wire Transfer Credit Card, Debit Card, Mastercard, PayPal, Visa, Wire Transfer
Account Currencies USD, EUR, GBP, CAD, AUD USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD USD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD
Visit Visit Visit Visit
Review Review Review Review

How To Deposit Funds

I find AvaTrade’s cashier portal user-friendly. Depositing funds only requires a handful of steps after logging in:

  1. Select the ‘Deposit’ icon from the menu on the left and then ‘Fund Your Account’
  2. Click on your chosen method using the logos
  3. Select the trading account you wish to add funds to
  4. Enter the amount to deposit and click ‘Next’
  5. Follow the on-screen instructions to complete the payment and click ‘Deposit’

Deposit process at AvaTrade showing list of payment methods

AvaTrade also scores well when it comes to withdrawals, with near-instant processing for credit/debit cards and up to 24 hours for e-wallets. I would avoid wire transfers if you want your funds quickly – I found they can take several working days.

Minimum withdrawal limits vary but are low, starting at $1 for e-wallets and $100 for bank wire transfers.

Bonus Offers

AvaTrade occasionally offers a welcome bonus, though availability will vary depending on your jurisdiction. For example, I was offered a 20% deposit bonus when I signed up with a $200 deposit required to qualify.

On the downside, AvaTrade does not offer any rebates for high-volume traders. I consider this a more attractive incentive, especially for active traders. If this is important to you, I recommend Forex.com.

I never recommend choosing a broker based solely on their trading promotions. There are more important factors to consider, including safety, trading conditions and investing tools.

author image
Rebecca Holden
Author

Demo Account

AvaTrade offers a free demo account. I opened a paper trading profile and found that you can test the MT4, MT5, WebTrader, and AvaTradeGO platforms in a risk-free setting. $100,000 in virtual funds is available, with access to real-time pricing.

However, the biggest advantage is that there is no time limit – making it an excellent tool for beginners looking to continue testing strategies after opening a live account. Demo trading accounts at most competitors I have reviewed automatically close after 30-90 days.

Using an AvaTrade demo account

Assets & Markets

4.5 / 5

AvaTrade has a relatively strong investment offering, with 1,250+ instruments spanning popular asset classes like stocks, forex and commodities. It trails alternatives like CMC Markets with its 12,000 instruments, but still offers enough for most retail traders.

The selection of indices and ETFs is particularly strong, providing opportunities to build a diverse portfolio.

The majority of products are available via CFDs, however spread betting and options are also available in some locations.

I logged into AvaTrade’s platforms to check the assets available. You can speculate on:

AvaTrade also bolstered its offering in 2024 by introducing AvaFutures. Traders can bet on future market prices, hedge against volatility and build diverse portfolios spanning over 35 markets, including oil, S&P 500, EUR/USD and Bitcoin.

Futures trading is supported on the MetaTrader 5 platform, while the broker has teamed up with the CME Group to up-skill newer futures traders, providing well-presented courses that you can filter by experience level (beginner, intermediate, advanced).

Comparison of similar brokers 2024
AvaTrade Pepperstone IG
Instruments CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
Visit Visit Visit Visit
Review Review Review Review

Leverage

Leverage at AvaTrade varies depending on the instrument, location and your status as a retail or professional investor.

Retail traders in the EU, for instance, can trade with leverage up to 1:30, while pro traders can access leverage up to 1:400.

As you can from my comparison below, AvaTrade offers leveraged trading opportunities in line with competitors.

Comparison of similar brokers 2024
AvaTrade Pepperstone IG
Leverage 1:30 (Retail) 1:400 (Pro) 1:30 (Retail), 1:500 (Pro) 1:30 (Retail), 1:250 (Pro)
Visit Visit Visit Visit
Review Review Review Review
💡
Tip: Use risk management tools like AvaProtect or stop-loss orders to limit potential losses.

Fees & Costs

3.8 / 5

AvaTrade offers a straightforward fee structure, with spread-only pricing.

The broker’s in-house dealing desk model means that whilst you don’t pay commissions, spreads are a little wider than at non-dealing desk brokers.

Trading Fees

I recorded spreads during the most liquid times of the day and found that AvaTrade’s fees stand up reasonably well against competitors, but as you can see from my analysis below, it isn’t the cheapest broker.

Major forex pairs like the EUR/USD were available at 0.9 pips and the USD/JPY at 1 pip. Popular stocks, including Apple and Microsoft, were offered at 0.13%.

Pricing is also competitive on futures products, with a 0.75 charge per trade on Micro contracts and 1.75 on E-Mini and Standard contracts. There are also zero deposit fees, account fees, plus you get free access to level 2 market data.

Comparison of similar brokers 2024
AvaTrade Pepperstone IG
EUR/USD Spread 0.9 0.1 0.8
FTSE Spread 0.5 1.0 1.0
Oil Spread 0.02 2.5 2.8
Stock Spread 0.13 0.02 0.02
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Review Review Review Review

Non-Trading Fees

I have marked AvaTrade down slightly for its non-trading fees.

Casual investors should bear in mind that a $50 inactivity fee applies after three months of zero activity, with an additional $100 charge after 12 months. While not a major drawback, this is higher than the $10 monthly charge at Plus500 and $15 charge at FxPro.

Swap fees apply for positions held overnight. These are industry standard, though Islamic profiles are exempt from this charge.

Platforms & Tools

4.3 / 5

AvaTrade excels in its choice of high-quality trading platforms. There is something for all experience levels, from beginners to seasoned traders. You can use the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as the broker’s WebTrader, AvaTradeGO, and AvaOptions.

I explain how each platform measures up in terms of design, ease of use and functionality below, but the headlines:

On the negative side, AvaTrade doesn’t offer the widest range of third-party platforms, as you can see from my comparison with other brokers below.

Comparison of similar brokers 2024
AvaTrade Pepperstone IG
MetaTrader 4 Yes Yes Yes
MetaTrader 5 Yes Yes No
cTrader No Yes No
TradingView No Yes No
Auto Trading Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime
Visit Visit Visit Visit
Review Review Review Review

WebTrader

Design & Usability

I find AvaTrade’s WebTrader easy to use with a sleek design and straightforward navigation. It offers a more user-friendly feel than the MetaTrader platforms, making it a good option for new traders.

The asset search function is easy to locate and I had no issues navigating the market watch window. You can click on the information icon next to each asset to pull out the order window and instrument details.

I also like that you can switch between 6 chart layouts, with the option to view up to 4 charts on the same window.

Webtrader platform at AvaTrade showing charts and watchlists
WebTrader

One thing that could be improved is the overall customizability. For example, the market watch and watchlist widgets are fixed and I’m not able to hide, move or resize them, which is frustrating.

AvaTrade could improve the user experience by ensuring the whole workspace can be adjusted to the trader’s preferences.

author image
Rebecca Holden
Author

Charting Tools

WebTrader still provides sophisticated trading tools, including 10 chart timeframes and 14 drawing tools such as Fibonacci Retracements and Trend Line.

There are also 60+ technical indicators like RSI, Bollinger Bands, and Fast Stochastic – more than MetaTrader.

Technical indicators on AvaTrade WebTrader
Indicators

Order Types

I was able to initiate market and pending orders, with the option to set take profit and stop loss orders. Market orders are executed at the prevailing market rate, whilst pending orders are executed at a predetermined point above or below the prevailing market rate.

However, the stand-out feature for me is the AvaProtect risk management tool. This is fairly unique and offers protection against losses of up to one million dollars.

AvaProtect risk management tool in use
AvaProtect

How To Place A Trade

It’s quick and easy to make a trade in WebTrader:

  1. Search for a symbol in the watchlist menu on the top left side or filter by category
  2. Select ‘Sell’ or ‘Buy’ in the asset window to open the new order screen
  3. In the order entry window, use the toggles to increase/decrease the amount to invest or lot size
  4. Review the spread, leverage, and margin details
  5. Select ‘More Options’ to view the risk parameters available
  6. Use the tickbox icon to select a risk tool and use the toggles to amend the trigger price
  7. Select ‘Sell’ or ‘Buy’ at the bottom to confirm the order
Placing a trade on AvaTrade WebTrader
Order

MetaTrader 4 & 5

For those looking for powerful, third-party platforms, MT4 and MT5 are good options. They both offer flexible charting views, advanced technical analysis tools and customizable workspaces.

They are particularly good for automated traders, with support for Expert Advisors (EAs).

Design & Usability

MT4 and MT5 are very similar when it comes to the design and layout of the interface. The traditional look and feel of the platforms may feel a little outdated to some, but the good news is that they are easy to navigate.

The customization options are also good. The main windows, including the Market Watch and Terminal features, can be expanded or hidden altogether, allowing you to tailor your workspace easily.

In terms of accessibility, you can access both MT4 and MT5 from web, desktop or mobile applications.

MT4 platform at AvaTrade showing chart and marketplace windows
MetaTrader 4

Charting Tools

MT4 and MT5 both offer an extensive range of technical analysis tools.

With MT4, you get 30 technical indicators and 31 graphical objects. There are 9 time frames, from one minute up to one month. You also get access to Expert Advisors (EAs) in the integrated marketplace, as well as single-threaded strategy testing.

I think MT5 is the best option for multi-asset trading. It is the latest iteration from MetaQuotes with faster processing than MT4 plus a wider suite of trading tools, including:

Order Types

Both platforms feature the same 4 order types:

With MT5, you get an additional 2 pending order types: buy stop limit and sell stop limit. These are useful if you plan to trade very volatile markets.

Mobile App

AvaTrade also offers an intuitive mobile app, AvaTradeGO, which is free to download on Android and Apple devices. The application performed well during my tests, with a clean look and feel, dynamic charting and market sentiment data.

I was impressed with the functionality of the charts, which have been well-optimized. I could access 9 time frames and over 90 customizable indicators.

The app is also packed with other useful features, including an economic calendar, market research, a Trading Central news feed, and education videos.

AvaTradeGo mobile app showing chart features
AvaTradeGo

In summary, I think the AvaTradeGo app is a great tool for beginners who are already familiar with the WebTrader platform and want to switch seamlessly between devices.

Additionally, the quality of market research tools should be valuable for anyone looking to stay ahead of market movements whilst on the go.

Additional Tools

AvaTrade also stands out for its selection of extra tools to enhance the trading experience. The choice of copy trading solutions is particularly strong and makes the broker a good pick for aspiring traders and hands-off investors.

AvaSocial

The broker’s copy trading platform, AvaSocial, lets you replicate the positions of successful investors, either manually or through the automated service.

Available for iOS and Android devices, clients can interact with other traders via community channels to ask questions on specific strategies or seek out a trading mentor.

AvaSocial app showing a top strategy provider
AvaSocial

I don’t think AvaSocial rivals best-in-class copy trading app, eToro.

One drawback for me is the interface, which feels somewhat dated and bland in comparison. I think the broker could modernize the design of the app and improve the navigation between features.

author image
Rebecca Holden
Author

DupliTrade

Alternatively, there is a third-party copy trading solution, DupliTrade, which enables investors to follow signals and strategies in real-time. I found that the tool can be linked directly to an MT4 account for simplicity. Master traders are also thoroughly vetted.

One major downside, though, is that a $2000 minimum deposit is required, which will put it out of reach for most beginners.

Trading Central

AvaTrade has also partnered with Trading Central to offer powerful technical analysis and market insights. I find this useful for informing trading decisions, with trading plans developed by professional analysts.

Also available through the solution is a daily strategy newsletter, intuitive pattern recognition technology, plus a host of advanced indicators on over 115 forex charts. Trading Central also tracks 7000 media sources for investors interested in fundamental analysis.

AvaTrade Trading Central tools
Trading Central

Guardian Angel

One of the stand-out features for me is the Guardian Angel risk management feature, which can be installed on the MT4 platform.

This add-on essentially provides performance data for current and future trades and makes suggestions about prevailing market volatility. It is especially useful for improving trading behaviors.

Research

4.3 / 5

AvaTrade excels when it comes to research tools. Within the Discovery tab of the web platform or mobile app, you can access a wealth of high-quality resources, including market signals, a news feed, and an economic calendar.

My favorite features are the Analyst Views tool which gives actionable forex trade ideas, and the Market Buzz tool which collates market sentiment data from top global news sources.

💡

Tip: You can switch to the ‘Bubbles’ view in the Market Buzz tool for a more visual representation of market sentiment. You can also narrow down your search using the Countries, Sectors and Bubble Size filters.

Market Buzz tool at AvaTrade
Market Buzz

Education

4.5 / 5

AvaTrade also has an excellent education center, complete with videos, eBooks, tutorials, glossaries, and more. Additionally, whilst there is a dedicated section for trading education, I think the whole site in general is very informative for online traders.

I particularly rate the trading platform tutorials, with step-by-step video guidance and informative articles. Advanced strategy guides are also available.

Technical analysis tutorials at AvaTrade
Tutorials

Customer Support

4.3 / 5

I have no complaints about the customer support at AvaTrade. You can reach the multilingual team 24/5 via multiple channels, including live chat, email, and WhatsApp. I’m glad to find local telephone numbers, ensuring customer service agents can respond to country-specific questions.

Response times are also fast based on my tests. I got through to an agent on live chat within 3 minutes each time I tested the customer service.

There’s also a comprehensive help center, with FAQs and useful articles which are accessible via a search function.

You can also find AvaTrade on social media sites including Facebook, Twitter and LinkedIn.

Should You Trade With AvaTrade?

After rigorously testing AvaTrade’s platforms, apps and tools, I’m happy to recommend this broker to traders looking for a tightly regulated broker with competitive trading conditions.

Beginners will appreciate the low $100 starting deposit, simple pricing model and beginner-friendly apps. There’s also a free demo account, an excellent suite of educational resources and the AvaProtect risk management feature.

For experienced traders, there’s a good range of sophisticated third-party platforms, including MetaTrader 5, plus a large suite of assets and research tools.

FAQ

Is AvaTrade Legit?

AvaTrade is a legitimate broker. The firm has hundreds of thousands of traders, multiple industry awards and licenses from reputable regulators. Importantly, I didn’t uncover any reports of scams during my research, and most other user reviews are generally positive.

Is AvaTrade Trustworthy?

Yes, AvaTrade is a trustworthy broker. The broker is regulated by multiple bodies, including the ASIC and CySEC. The firm also uses important safeguards, including segregating client funds and negative balance protection.

Does AvaTrade Offer Low Fees?

While not the cheapest broker I have tested, AvaTrade offers competitive fees. Most instruments can also be traded commission-free. I was offered average spreads of 0.9 pips on major forex pairs while the spread to trade gold was $0.29 over market.

Is AvaTrade Suitable For Beginner Traders?

Yes, AvaTrade is a good broker for beginners based on my assessment. The starting deposit is low, there is a free demo account, comprehensive educational materials, and copy trading solutions. I also found the web platform easy to learn with a user-friendly interface.

Is AvaTrade A Market Maker Broker?

Yes, AvaTrade is a market maker broker. This means the brokerage takes its cut from bid-ask spreads, which are typically wider than ECN brokers. It also means AvaTrade can provide liquidity and help traders get orders filled promptly.

Does AvaTrade Offer A Good App?

Yes, the AvaTradeGo mobile app is reliable and offers access to all the investing tools and account management features needed to trade on the go. You can also access helpful services such as Market Trends which provides useful data based on other users’ trading behaviours and sentiment.

Is AvaTrade Good For Day Trading?

Yes, AvaTrade will serve day traders. It offers a secure trading environment with transparent fees, powerful trading tools and reliable order execution. Both MT4 and MT5 are also available, catering to active day traders and automated trading strategies.

Top 3 Alternatives to AvaTrade

Compare AvaTrade with the top 3 similar brokers that accept traders from your location.

  1. Pepperstone – Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.
    Go to Pepperstone
  2. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  3. IC Markets – IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
    Go to IC Markets

AvaTrade Comparison Table

Compare AvaTrade With Similar Brokers
AvaTrade Pepperstone IG IC Markets
Rating 4.9 4.8 4.4 4.8
Markets CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $0 $0 $200
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA ASIC, CySEC, FSA
Bonus
Education Yes Yes Yes Yes
Platforms WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade
Leverage 1:30 (Retail) 1:400 (Pro) 1:30 (Retail), 1:500 (Pro) 1:30 (Retail), 1:250 (Pro) 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
Payment Methods 13 11 6 14
Visit Visit Visit Visit Visit
Review Pepperstone
Review
IG
Review
IC Markets
Review

Compare Trading Instruments

Compare the markets and instruments offered by AvaTrade and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare AvaTrade Trading Instruments
AvaTrade Pepperstone IG IC Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold Yes Yes Yes Yes
Copper Yes Yes Yes No
Silver Yes Yes Yes Yes
Corn Yes Yes No Yes
Crypto Yes Yes Yes Yes
Futures Yes No Yes Yes
Options Yes No Yes No
ETFs Yes Yes Yes Yes
Bonds Yes No Yes Yes
Warrants No No Yes No
Spreadbetting Yes Yes Yes No
Volatility Index Yes Yes Yes Yes

AvaTrade vs Other Brokers

Compare AvaTrade with any other broker by selecting the other broker below.

 

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Customer Reviews

  4.3 / 5

This average customer rating is based on 4 AvaTrade customer reviews submitted by our visitors.

If you have traded with AvaTrade we would really like to know about your experience - please submit your own review. Thank you.

  4

Super reliable broker with a user-friendly trading platform. I find the Analyst Views especially useful for helping discover opportunities.

✍ Joseph C | 🌐 United Kingdom | December 18, 2023
  4

I’m new to online trading and have found AvaTrade a great place to start. It’s got loads of helpful trading guides and customer support are always reachable when I need them.

✍ Sharon S | 🌐 United Kingdom | November 23, 2023
  5

I have been trading with an AvaTrade STP account for over a year, and I have had nothing but positive experiences. They are very easy to use, and it feels like the support actually cares when I contact them. I have made several withdrawals without any problems. I did have to verify my identity before my first withdrawal, but the process to do so was quick and painless.

✍ Colin Ganley | 🌐 London | November 17, 2023
  4

I’ve been happily using AvaTrade for months. The web platform is easy to learn and the mobile app is great for trading on the go. Customer support is also available whenever I need them. If I had one complaint it’s that the spreads aren’t the lowest.

✍ Conor | 🌐 Ireland | November 14, 2023

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AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.

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