AvaTrade Vs. Plus500 - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 71% of retail CFD accounts lose money.	Visit 77% 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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 6 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FFAJ (Japan) CBI (Ireland) IIROC (Canada) CySec (Cyprus) FSCA (South Africa) ADGM (United Arab Emirates) ISA (Israel)	CySec (Cyprus) FCA (UK) ASIC (Australia) MAS (Singapore)
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
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
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.
📍 Year Founded
2006	2008
💳 Minimum Deposit Range
$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
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
863	2,245
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
626	2,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
55	70
📗 Commodities
0	0
📗 Commodities CFDs
27	25
📕 Indices
0	0
📕 Indices CFDs
33	26
📔 ETFs
0	0
📔 ETFs CFDs
59	95
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
17	14
📒 Bonds
0	0
📒 Bonds CFDs
2	0
📓 Options
0	0
📓 Options CFDs
44	15
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable - From 1 to 100 units	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Variable - From 1 to 100 units	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Variable (eg: BTC 0.01, ETH 0.1)	Varies by Crypto (Eg: 0.001 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Variable (eg: 1 ounce of gold)	Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
10 units	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
10,000 FX Option contracts	Varies by Option (Eg: 5 contracts of Tesla Calls)
💪 Retail Leverage
30	30
💪 Professional Leverage
500	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
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary 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
$50 per quarter after 3 months of inactivity.	$10 every 3 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	None
Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips	Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic - From 70 Pips
📈 GOLD
Dynamic - From 34 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.92	Dynamic - From $5.2
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From 7 Pips
📉 BTC
Dynamic - From $137.31	Dynamic - From $136
Research and Analysis
⭐ Watchlists
Yes	No
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No