Coinbase
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Investing in cryptocurrencies involves risk.

Vs.

AvaTrade
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71% of retail CFD accounts lose money.

Coinbase Vs. AvaTrade - Compare and Choose the Right One

Updated May 13 2022

Visit

Investing in cryptocurrencies involves risk.

Visit

71% of retail CFD accounts lose money.

Overview

Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies.

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

Best For
  • Inexperienced cryptocurrency investors
  • Long term cryptocurrency holders
  • Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide
  • Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.
  • 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
Licenses

Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

0

Other Licenses

0

Provided by
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Financial
Licenses

Regulation

Regulated

Top-tier Licenses

6

Other Licenses

2

Provided by
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Learn More
🏛 Financial Regulators
  • Registered as an electronic payments provider in countries where required to operate, yet they don’t require traditional brokerage regulation.
  • ASIC (Australia)
  • FFAJ (Japan)
  • CBI (Ireland)
  • IIROC (Canada)
  • CySec (Cyprus)
  • FSCA (South Africa)
  • ADGM (United Arab Emirates)
  • ISA (Israel)
The Good
  • Extremely simple and friendly interfaces
  • Moderate variety of cryptocurrencies
  • Independent wallet application
  • Option to choose from standard Coinbase or Coinbase Pro
  • Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies
  • 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
The Bad
  • Extremely high fees for cryptocurrency transactions (especially on standard app)
  • Low variety of cryptocurrencies to trade when compared to leading exchanges
  • Lack of variety in stocks, ETFs and bonds
  • Expensive inactivity fees
  • No multi-chart tools
  • High trade minimums in all assets except forex
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.

📍 Year Founded
2012 2006
💳 Minimum Deposit
0 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfers
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
All available cryptocurrencies. 4 - USD, GBP, EUR, CHF.
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries
None US, BE, IR.
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets
  • Coinbase provides only real cryptocurrencies.

CFDs on stocks, cryptocurrencies, commodities, currencies, ETFs, indices, shares, options and bonds.

📙 Stocks
N/A 626
📘 Currency Pairs
N/A 55
📗 Commodities
N/A 27
📕 Indices
N/A 33
📔 ETFs
N/A 59
💸 Cryptocurrencies
110+ 17
📒 Bonds
N/A 2
📓 Options
N/A 44
📗 Futures
N/A N/A
📝 Notes:

Coinbase is a traditional cryptocurrency wallet and exchange, meaning that all cryptocurrencies purchased are real ones and not financial derivatives.

Most of AvaTrade's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
N/A Depends on Stock price, from 1 to 10 or 100 units.
📉 Minimum ETFs Trade Size
N/A Depends on ETF price, from 1 to 10 or 100 units.
📈 Minimum Crypto Trade Size
$2 Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units.
📉 Minimum FX Trade Size
N/A $1,000
📈 Minimum Commodities Trade Size
N/A Varies by Commoditty (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A 10 Bond contracts
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A 10,000 FX Option contracts
💪 Retail Leverage
N/A Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
No Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
No Yes, $50 per quarter after 3 months of inactivity.
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes, from 0.50% up to 2.0% of transaction values on Coinbase Standard.

No
Spreads
📈 EUR/USD
N/A Dynamic - From 0.9 Pips
📉 SP500
N/A Dynamic - From 50 Pips
📈 GOLD
N/A Dynamic - From 34 Pips
📉 TSLA (Stock CFD)
N/A Dynamic - From $1.92
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From 0.50% up to 2.0% Dynamic - From $137.31
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No

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