Avatrade vs NicoFX

AvaTrade vs NicoFX Comparison Table 2022
AvaTrade NicoFX
WINNER
AvaTrade is the better broker
4.9
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US not accepted
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
Awards
  • Best Overall Broker 2022 - DayTrading.com
  • Best Trading App 2021 - DayTrading.com
  • Best Forex Broker 2019 - DayTrading.com
  • Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
  • Best STP Broker 2016 - MENA Awards
Promotions

AvaTrade Offers Education Pack With New Accounts

Bonus
Welcome bonus 20% up to 10.000$
Instruments
Stocks, Options, CFD, Forex, Crypto, Volatility Index Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
$.01 0.01 lots
Regulator
CBoI, ASIC, FSA, FSCA, FSB CySEC
Margin Trading
Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
Yes
STP Account
Yes
ECN Account
Yes Yes
DMA Account
Yes Yes
MAM Account
Yes
PAMM Account
Yes
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Mobile Apps
iOS and Android Yes
Auto Trading
Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5 Yes (EAs)
Copy Trading
Yes No
Copy Trading Platform
Regulated across multiple jurisdictions, AvaTrade not only offers a proprietary platform, but also a selection of social and copy trading systems, including its own AvaSocial app, along with MetaTrader suites. There’s also the web-based platforms, DupliTrade and ZuluTrade, which are both easy-to-use and suit novices and experts alike.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
Yes
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Stock Exchanges
Commodities
CFD Trading
Leveraged CFD trading is available on popular financial markets with rates up to 1:400. CFD trading not offered
Leverage
1:400 1:30
FTSE Spread
0.5 pt N/A
GBPUSD Spread<
1.0 var From 0.9
Oil Spread
0.02 N/A
Stocks Spread
0.13 Abv Market N/A
Forex Trading
Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents. Start trading a long list of leading currencies with up to 1:30 leverage.
Forex App

AvaTrade provide 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
1.0 var From 0.9
EURUSD Spread
0.7 var From 0.9
EURGBP Spread
1.7 var From 0.9
Assets
50+ 38
Cryptocurrency
Regulated in 5 continents, Avatrade offer a very secure way to access Crypto markets. They offer a great range of Crypto, very tight spreads, and 1:2 leverage. [Not available in Canada] Crypto trading not offered
Spread
BTC 1% ETH 2%
Coins
  • BCH
  • BTC
  • BTG
  • ETH
  • LTC
  • XRP
  • EOS
  • DASH
Crypto Lending
No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
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