Mitrade vs Avatrade

Mitrade vs Avatrade Comparison Table 2022
Mitrade Avatrade
Not Yet Rated
United States Flag Traders from US not accepted
4.9
United States Flag Traders from US not accepted
Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients. Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
Awards
Best Overall Broker 2022 - DayTrading.com
Best Trading App 2021 - DayTrading.com
Best Forex Broker 2019 - DayTrading.com
Promotions

AvaTrade Offers Education Pack With New Accounts

Bonus
$50 welcome bonus None
Instruments
Stocks, CFD, Forex, Crypto Stocks, Options, CFD, Forex, Crypto, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Credit Card, Debit Card, Mastercard, POLi, Skrill, Visa, Wire Transfer Bitcoin Payments, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Perfect Money, Skrill, Swift, Webmoney, Western Union, Wire Transfer
Minimum Trade
0.01 lots $1
Regulator
ASIC CBoI, ASIC, FSB, ESMA
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
- No
eSignal
- No
Trading Central
- Yes
STP Account
No Yes
ECN Account
No Yes
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
No No
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS and Android
Auto Trading
- Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5
Trade Signals
No -
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
USD, AUD USD, EUR, GBP, CAD, AUD
Stock Exchanges
Australian Securities Exchange, Deutsche Boerse, Euronext, Hong Kong Stock Exchange, Japan Exchange Group, New York Stock Exchange Deutsche Boerse, Euronext, Japan Exchange Group, Korean Stock Exchange, London Stock Exchange, Shanghai Stock Exchange, SIX Swiss Exchange Trading, Taiwan Stock Exchange, Toronto Stock Exchange
CFD
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices.
Leverage
1:30 Retail, 1:250 Professional 1:400
FTSE Spread
3 0.5 pt
GBPUSD Spread
1.5 1.0 var
Oil Spread
0.05 0.02
Stocks Spread
Variable 0.13 Abv Market
Forex
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform. Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.
GBPUSD Spread
1.5 1.0 var
EURUSD Spread
1 0.7 var
EURGBP Spread
1.2 1.7 var
Assets
60 40+
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar. 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]
Spread
Variable BTC 1% ETH 2%
Coins
BTC, BCH, ETH, LTC BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- No
Auto Market Maker
No No
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