Updated May 13 2022
Overview | |
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AvaTrade is a top-tier multinational broker with more than 7 financial regulators specialising in FX and options trading with their own proprietary platforms. |
Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 6 Other Licenses 2 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2006 | 2001 |
💳 Minimum Deposit | |
$, €, £ - 100 | $100 |
💰 Payment Methods | |
💵 Account Base Currencies | |
4 - USD, GBP, EUR, CHF. | 6 - GBP, USD, EUR, AUD, JPY, CHF. |
🗽 Available to U.S Citizens | |
No | Yes |
❌ Restricted Countries | |
US, BE, IR. | None |
📊 STP Account | |
No | Yes |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
No | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
626 | 4,500+ |
📘 Currency Pairs | |
55 | 93 |
📗 Commodities | |
27 | 35 |
📕 Indices | |
33 | 24 |
📔 ETFs | |
59 | 700+ |
💸 Cryptocurrencies | |
17 | 5 |
📒 Bonds | |
2 | 14 |
📓 Options | |
44 | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
Most of AvaTrade's assets are CFDs. | All of Forex.com’s assets are CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
Depends on Stock price, from 1 to 10 or 100 units. | Varies per share (eg: 0.3 AMZN shares) |
📉 Minimum ETFs Trade Size | |
Depends on ETF price, from 1 to 10 or 100 units. | Varies per ETF (eg: 5 contracts of XLK) |
📈 Minimum Crypto Trade Size | |
Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units. | Varies per Cryptocurrency (eg: 0.01 BTC) |
📉 Minimum FX Trade Size | |
$1,000 | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
Varies by Commoditty (Eg: 1 Troy ounce of Gold) | Varies per commodity (eg: 1 contract of Gold) |
📉 Minimum Bonds Trade Size | |
10 Bond contracts | Varies per Bond (eg: 1 contract of Euro Bobl) |
📈 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 | Up to 1:500 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | Yes |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
No | Yes |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
No | Yes | Fees |
💰 Inactivity Fee | |
Yes, $50 per quarter after 3 months of inactivity. | Yes, $15 monthly after 1 year of inactivity. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | No |
💰 Commissions | |
No | Yes depending on account type.
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.9 Pips | Dynamic - From 0.8 Pips |
📉 SP500 | |
Dynamic - From 50 Pips | From 60 Pips |
📈 GOLD | |
Dynamic - From 34 Pips | From 50 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $1.92 | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
N/A | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $137.31 | From $120 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
No | Yes |
📡 Reuters Feed | |
No | Yes |