AvaTrade vs TP Global FX
| AvaTrade Review 2023 | TP Global FX Review 2023 |
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4.9
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3.9
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 Traders from US not accepted
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Traders from US not accepted
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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, MT5, Web Trader, Mobile App, Vanilla Options and Social Trading. 1250+ financial instruments, educational content and multi-language customer support active 24/7. 20% welcome bonus available in allowed countries. |
TP Global FX is an offshore broker with a strong focus on education and technical analysis tools. It offers STP pricing and up to 1:500 leverage on 50+ forex pairs and a smaller range of stocks, indices, commodities and cryptocurrencies. The broker supports the MetaTrader 4 and MetaTrader 5 platforms and offers additional services including copy trading and an informative daily blog. |
| Bonus Offer | |
| Welcome bonus 20% up to 10.000$ | Seasonal Bonuses |
| Comment by Reviewer | |
| "AvaTrade is an excellent broker for traders of all experience levels. Beginners benefit from high-quality education, social trading and a low minimum deposit. 1000+ tradable instruments and powerful proprietary software also make AvaTrade suitable for seasoned traders." | "TP Global FX will suit forex traders who value true STP pricing, good educational resources and copy trading." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting | Forex, CFDs, indices, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $200 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, CBoI, FSA, FSCA, FSB | SVGFSA, VFSC, CAMA |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2% | |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| Yes | 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 | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | Yes (iOS & Android) |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| 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 is also the popular web-based platforms, DupliTrade and ZuluTrade, which are both easy-to-use and suit novices and experts alike. | Follow and copy multiple professional traders using performance analytics and market signals at TP Global FX. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $50 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| AvaTrade offers leveraged CFD trading on a range of asset classes spanning stocks, indices, commodities, bonds, crypto, and ETFs. Traders can speculate on rising and falling prices with low fees and stable platforms in a highly regulated trading environment. | TP Global FX clients can trade CFDs on forex as well as around 12 stocks, 12 indices, five cryptocurrencies and commodities including gold, silver oil and gas. CFDs trade with up to 1:500 leverage on the hugely popular and reliable MT4 and MT5 platforms. |
| Leverage | |
| 1:30 (Retail) 1:400 (Pro) | 1:500 |
| FTSE Spread | |
| 0.5 | Not offered |
| GBPUSD Spread | |
| 1.5 | From 0.2 pips |
| Oil Spread | |
| 0.02 | From 0.2 pips |
| Stocks Spread | |
| 0.13 | From 0.2 points |
| Forex Trading | |
| AvaTrade offers 50+ currency pairs and their spreads are some of the best among any broker. You can trade majors, minors and exotics around the clock with zero commissions. | TP Global FX offers trading on 50+ forex pairs with a good selection of minors and exotics as well as the majors. The broker offers fast 30ms execution speeds with a Straight-Through Processing system. Very tight spreads starting from 0.2 are available on pro accounts, while standard commission-free account spreads start from 1.2. |
| 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. |
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| GBPUSD Spread | |
| 1.5 | From 0.2 pips |
| EURUSD Spread | |
| 0.9 | From 0.2 pips |
| EURGBP Spread | |
| 1.5 | From 0.2 pips |
| Assets | |
| 50+ | 50+ |
| Currency Indices | |
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| Cryptocurrency | |
| Regulated in five continents, AvaTrade offers a secure way to access crypto markets. They offer a great range of digital currencies, very tight spreads, and 1:2 leverage. [Not available in Canada] | TP Global FX offers CFDs on five cryptocurrencies paired with USD. Spreads are lower than many alternatives and users can trade crypto 24/7 without interruption. |
| Spread | |
| BTC <1%, ETH 2% | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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AvaTrade vs |
TP Global FX vs |