AvaTrade vs Wealthsimple

AvaTrade vs Wealthsimple Comparison Table 2023
AvaTrade	Wealthsimple
Review 4.9	Review Not Yet Rated
Traders from US not accepted	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.	Wealthsimple offers managed investment portfolios to Canadian residents. Clients can build a trading solution based on their financial goals and risk tolerance. Buy and sell stocks, ETFs, and cryptocurrencies. 2 million+ accounts have already been opened.
Awards
Best Overall Broker 2022 - DayTrading.com Best Trading App 2021 - DayTrading.com Best Forex Broker 2019 - DayTrading.com	Best Financial Services Website - Webby Awards Top 100 Global Financial Technology Companies - Fintech 100
Bonus
Welcome bonus 20% up to 10.000$
Instruments
Stocks, Options, CFD, Forex, Crypto, Volatility Index	Stocks, ETFs, Cryptocurrencies
Demo Account
Yes	No
Minimum Deposit
$100	$1
Payment Methods
Boleto Credit Card Debit Card FasaPay JCB Card Mastercard MoneyGram Neteller Perfect Money Skrill Swift WebMoney Western Union Wire Transfer	Credit Card Debit Card Mastercard Visa Wire Transfer
Minimum Trade
$.01	$1
Regulator
CBoI, ASIC, FSA, FSCA, FSB	IIROC
Margin Trading
Yes	No
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	No
STP Account
Yes	No
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	Yes
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS and Android	iOS & Android
Auto Trading
Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5	Yes via robo advisor
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	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD	USD CAD
Stock Exchanges
Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext Hang Seng IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange Nasdaq Russell 2000 Shanghai Stock Exchange SIX Swiss Exchange Toronto Stock Exchange Taiwan Stock Exchange	Nasdaq New York Stock Exchange Toronto Stock Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Natural Gas Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat	Gasoline Gold Oil Silver
CFD Trading
Leveraged CFD trading is available on popular financial markets with rates up to 1:400.	CFD trading not offered
Leverage
1:400
FTSE Spread
0.5 pt
GBPUSD Spread<
1.0 var
Oil Spread
0.02
Stocks Spread
0.13 Abv Market
Forex Trading
Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.	Forex trading not offered
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
EURUSD Spread
0.7 var
EURGBP Spread
1.7 var
Assets
50+
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]	Buy and sell 50+ crypto tokens including Bitcoin, Ethereum and Dogecoin
Spread
BTC 1% ETH 2%	1.5 – 2% operational fee
Coins
BCH BTC BTG ETH LTC XRP EOS DASH	ZRX 1INCH AAVE APE AMP ANKR AVAX AXS BAL BNT BAND BAT BTC BCH ADA CTSI CELO LINK CHZ CHR COMP ATOM COTI CRV DAI MANA DOGE DYDX ENJ ETH FTM FIL GALA GRT KNC LTC LRC LUNC MKR PAXG DOT MATIC QNT REN SAND SHIB SKL SOL XLM STORJ SUSHI SNX XTZ UMA UNI USDC YFI
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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