Avatrade vs FXGM
AvaTrade | FXGM |
---|---|
4.9
|
FXGM has closed.
|
Traders from US not accepted
|
Traders from US not accepted
|
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, alongside a comprehensive education center and multilingual customer support. |
FXGM offers live trading accounts on its proprietary PROfit platform. |
Customer Reviews | |
4.3
Based on 4 AvaTrade customer reviews
|
|
Bonus Offer | |
20% Welcome Bonus up to $10,000 | |
Comment by Reviewer | |
"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." | |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting | Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, synthetic derivatives |
Demo Account | |
Yes | No |
Minimum Deposit | |
$100 | $200 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM | CySEC, FSCA |
Margin Trading | |
Yes | No |
Margin Rate | |
2% | |
STP Account | |
Yes | No |
ECN Account | |
No | No |
DMA Account | |
Yes | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | Yes |
App Review | |
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. |
|
Android App Rating | |
4 |
|
iOS App Rating | |
4.3 |
|
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
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. | |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$50 | |
Islamic Account | |
Yes | No |
Account Currencies | |
|
|
Stock Exchanges | |
Commodities | |
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. | Trade online CFDs to invest in the financial markets without owning underlying assets. |
Leverage | |
1:30 (Retail) 1:400 (Pro) | 1:200 (ZA), 1:30 (EU) |
FTSE Spread | |
0.5 | 6 |
GBPUSD Spread | |
1.5 | 0.3 |
Oil Spread | |
0.02 | 0.06 |
Stocks Spread | |
0.13 | Variable |
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. | Trade online currencies with competitive spreads and up to 1:200 leverage. |
Forex App | |
AvaTrade provides AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today. |
|
GBPUSD Spread | |
1.5 | 0.3 |
EURUSD Spread | |
0.9 | 0.3 |
EURGBP Spread | |
1.5 | 0.3 |
Assets | |
50+ | 47 |
Currency Indices | |
|
|
Cryptocurrency | |
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. | Trade top crypto cross pairs at FXGM. |
Spread | |
BTC <1%, ETH 2% | Floating |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
FXGM has closed.
|
|
More Comparisons | |
AvaTrade vs |
FXGM vs |