AvaTrade Visit

71% of retail CFD accounts lose money

Vs.

eToro Visit

68% of retail CFD accounts lose money .

AvaTrade Vs. eToro - Compare and Choose the Right One

Updated Oct 21 2021

Visit

71% of retail CFD accounts lose money

Visit

68% of retail CFD accounts lose money

Overview

AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms.

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

Best For
  • New traders looking for a more advanced forex and options platform
  • Experienced traders looking to take advantage of their fixed spreads
  • Experienced traders looking to trade FX options
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
Trust
Our signature verification badge. This broker is safe to use.
Our signature verification badge. This broker is safe to use.
The Good
  • AvaProtect feature for negative trades payback
  • Great variety of platforms (proprietary ones, MT4 & MT5)
  • Smooth platform experiences and easy account management
  • Custom Options trading platform
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
The Bad
  • Lack of variety in stocks, ETFs and bonds
  • Expensive inactivity fees
  • No multi-chart tools
  • High trade minimums in all assets except forex
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
Status
Operational Operational
Recent News
N/A N/A
Key Data
Account Opening Time
1 day 1 day minimum (may take longer)
Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

Financial Regulators
Central Bank of Ireland
Financial Futures Association of Japan
Australian Securities and Investments Commission
Investment Industry Regulatory Organization of Canada
Cyprus Securities and Exchange Commission
South African Financial Sector Conduct Authority
ADGM Financial Services Regulatory Authority
Israel Securities authority
Cyprus Securities and Exchange Commission
Financial Conduct Authority
Australian Securities and Investments Commission
Financial Services Authority Seychelles
Year Founded
2006 2007
Minimum Deposit
$, €, £ - 100 $50 up to 200
Payment Methods
Visa
Mastercard
Bank Transfer
Paypal
Visa
Mastercard
Bank Transfer
Sofort
Neteller
Paypal
Skrill
Account Base Currencies
4 - USD, GBP, EUR, CHF. 1 - USD
Available to U.S Citizens
No Only for crypto Trading
Restricted Countries
US, BE, IR. AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM
STP Account
No Yes
DMA Account
No No
ECN Account
No Yes
Assets
Available Assets
Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
Bonds
Options
CFDs
Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
CFDs
Stocks
626 2000+
Currency Pairs
55 47
Commodities
27 14
Indices
33 13
ETFs
59 145
Cryptocurrencies
17 26
Bonds
2 N/A
Options
44 N/A
Futures
N/A N/A
Notes:
Most of AvaTrade's assets are CFDs. Real stocks are offered without leverage, all the rest of the assets are CFDs.
Trading Experience
Minimum Stock Trade Size
Depends on Stock price, from 1 to 10 or 100 units. $50
Minimum ETFs Trade Size
Depends on ETF price, from 1 to 10 or 100 units. $50
Minimum Crypto Trade Size
Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units. $25
Minimum FX Trade Size
$1,000 $1,000
Minimum Commodities Trade Size
Varies by Commoditty (Eg: 1 Troy ounce of Gold) $1,000
Minimum Bonds Trade Size
10 Bond contracts N/A
Minimum Futures Trade Size
N/A N/A
Minimum Options Trade Size
10,000 FX Option contracts N/A
Retail Leverage
Up to 1:30 Up to 1:30
Professional Leverage
Up to 1:500 Varies
Customisable Leverage
No No
Deleveraged Trading
No Yes
Demo Account
Yes Yes
IOS App
Yes Yes
Android App
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
Web trader
Yes Yes
TradingView Platform
No No
Propietary Platform
Yes Yes
Multi-chart Tools
No Yes
Copy Trading
No Yes
Social Trading
No Yes
Guaranteed Stop-loss
No No
Trailing Stop-loss
No Yes
Fees
Inactivity Fee
Yes, $50 per quarter after 3 months of inactivity. After 12 months of inactivity, a $10 monthly inactivity fee will be charged.
Deposit Fees
No No
Withdrawal Fees
No $5
Commissions
No No
Spreads
EUR/USD
0.9 Pips 1 Pip
SP500
50 Pips 75 Pips
GOLD
34 Pips 45 Pips
TSLA (Stock CFD)
$1.92 0.09%
XLK (ETF - CFD)
N/A 0.09%
BTC
$137.31 0.75%
Research and Analysis
Watchlists
Yes Yes
Stock Screener
No No
Economic Calendar
Yes Yes
Integrated Newsfeed
No Yes
Reuters Feed
No No

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