GemForex vs AvaTrade

GemForex vs AvaTrade Comparison Table 2023
GemForex	AvaTrade
Review 2.3	Review 4.9
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
GemForex is a Japanese CFD and forex broker offering a curated selection of trading products.	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.
Bonus Offer
1000% Deposit Bonus Jackpot	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
	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 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 There is no ECN account with raw spreads Traders from the US are not accepted
Awards
Best Broker 2020 - Forex.com Awards Best Broker 2019 - Forex.com Awards Best Broker 2018 - Forex.com Awards Best MT4 Broker 2017 - Forex.com Awards Best Forex Trade Copy Service 2017 - Forex.com Awards Best Asia FX Broker 2016 - Forex.com 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
Instruments
Forex, Commodities	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$1	$100
Trading Platforms
MT4 MT5	WebTrader AvaTradeGO AvaOptions MT4 MT5 AlgoTrader TradingCentral DupliTrade
Payment Methods
Bitwallet Credit Card Debit Card PayPal Perfect Money Sticpay UnionPay	Boleto Credit Card Debit Card FasaPay JCB Card Mastercard MoneyGram Neteller Perfect Money Skrill Swift WebMoney Western Union Wire Transfer
Minimum Trade
$0	0.01 Lots
Regulator
FSC	ASIC, CySEC, FSCA, ISA, CBol, FSA, FRSA
Margin Trading
Yes	Yes
Margin Rate
	2%
STP Account
Yes	Yes
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
Yes (iOS & Android)	iOS & Android
Auto Trading
Yes - the first ever free EA service in Japan	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
GemForex offers a free forex mirror trading tool that operates without the need for VPS.	There's a strong selection of social and copy trading systems, including the AvaSocial app and popular third-party platforms, DupliTrade and ZuluTrade. Clear performance metrics can help you find the right strategy provider for your goals and risk appetite.
Social Trading
No	Yes
Trade Signals
Yes - MT4	Yes
VPS Hosting
No	Yes
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
No	Yes
Account Currencies
USD JPY	USD EUR GBP CAD AUD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index Hang Seng Nasdaq	Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq Russell 2000 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Toronto Stock Exchange Taiwan Stock Exchange
Commodities
Oil	Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Lithium Natural Gas Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat
CFD Trading
Trade leveraged CFDs on indices and commodities.	AvaTrade's 1250+ leveraged CFD products span a range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on rising and falling prices in the broker’s feature-rich web and mobile platforms with market-leading research tools.
Leverage
1:1000	1:30 (Retail) 1:400 (Pro)
FTSE Spread
Variable	0.5
GBPUSD Spread
Variable	1.5
Oil Spread
Variable	0.02
Stocks Spread
N/A	0.13
Forex Trading
GemForex offers 33 currency pairs, including majors, minors and exotics.	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.
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
Variable	1.5
EURUSD Spread
Variable	0.9
EURGBP Spread
Variable	1.5
Assets
33	50+
Currency Indices
	USD
Cryptocurrency
Crypto trading not offered	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
	BTC <1%, ETH 2%
Coins
	BCH BTC BTG ETH LTC XRP EOS DASH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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