AvaTrade Visit

71% of retail CFD accounts lose money

Vs.

Plus500 Visit

72% of retail CFD accounts lose money.

AvaTrade Vs. Plus500 - Compare and Choose the Right One

Updated Oct 21 2021

Visit

71% of retail CFD accounts lose money

Visit

72% 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.

Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options

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
  • Intermediate traders looking to trade short term
  • Experienced traders looking to speculate using CFDs based on options
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
  • CFDs on american options offered
  • Low minimum trade sizes
  • Propietary platform with multi-charting tools
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
  • No ability to remove leverage
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
Status
Operational Operational
Recent News
N/A N/A
Key Data
Account Opening Time
1 day 1 day
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
Monetary Authority of Singapore
Financial Conduct Authority
Australian Securities and Investments Commission
Year Founded
2006 2008
Minimum Deposit
$, €, £ - 100 $, €, £ - 100
Payment Methods
Visa
Mastercard
Bank Transfer
Paypal
Visa
Mastercard
Bank Transfer
Paypal
Skrill
Account Base Currencies
4 - USD, GBP, EUR, CHF. 16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.
Available to U.S Citizens
No No
Restricted Countries
US, BE, IR. US, CA, CU, SY, IR.
STP Account
No Yes
DMA Account
No No
ECN Account
No No
Assets
Available Assets
Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
Bonds
Options
CFDs
Stocks
Currencies
Cryptos
Commodities
ETFs
CFDs
Indices
Options
Stocks
626 2000+
Currency Pairs
55 70
Commodities
27 25
Indices
33 26
ETFs
59 95
Cryptocurrencies
17 14
Bonds
2 N/A
Options
44 Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, DeutscheBank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD.
Futures
N/A N/A
Notes:
Most of AvaTrade's assets are CFDs. All Plus500 assets are CFDs.
Trading Experience
Minimum Stock Trade Size
Depends on Stock price, from 1 to 10 or 100 units. Varies by Stock (Eg: 0.05 units of Tesla)
Minimum ETFs Trade Size
Depends on ETF price, from 1 to 10 or 100 units. Varies by ETF (Eg: 0.5 units of XLK)
Minimum Crypto Trade Size
Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units. Varies by Crypto (Eg: 0.001 BTC)
Minimum FX Trade Size
$1,000 $1,000
Minimum Commodities Trade Size
Varies by Commoditty (Eg: 1 Troy ounce of Gold) Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)
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 Varies by Option (Eg: 5 contracts of Tesla Calls)
Retail Leverage
Up to 1:30 Up to 1:30
Professional Leverage
Up to 1:500 Up to 1:300
Customisable Leverage
No No
Deleveraged Trading
No No
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 No
Social Trading
No No
Guaranteed Stop-loss
No Yes
Trailing Stop-loss
No Yes
Fees
Inactivity Fee
Yes, $50 per quarter after 3 months of inactivity. Yes, $10 every 3 months
Deposit Fees
No No
Withdrawal Fees
No No
Commissions
No No
Spreads
EUR/USD
0.9 Pips Dynamic - From 0.8 Pips
SP500
50 Pips Dynamic - From 70 Pips
GOLD
34 Pips Dynamic - From 30 Pips
TSLA (Stock CFD)
$1.92 Dynamic - From $5.2
XLK (ETF - CFD)
N/A Dynamic - From 7 Pips
BTC
$137.31 Dynamic - From $136
Research and Analysis
Watchlists
Yes No, only allows setting an individual favourites list
Stock Screener
No No
Economic Calendar
Yes Yes
Integrated Newsfeed
No No
Reuters Feed
No No

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