Plus500 Visit

72% of retail CFD accounts lose money

Vs.

AvaTrade Visit

71% of retail CFD accounts lose money.

Plus500 Vs. AvaTrade - Compare and Choose the Right One

Updated Oct 21 2021

Visit

72% of retail CFD accounts lose money

Visit

71% of retail CFD accounts lose money

Overview

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

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
  • Intermediate traders looking to trade short term
  • Experienced traders looking to speculate using CFDs based on options
  • 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
Trust
Our signature verification badge. This broker is safe to use.
Our signature verification badge. This broker is safe to use.
The Good
  • CFDs on american options offered
  • Low minimum trade sizes
  • Propietary platform with multi-charting tools
  • 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
  • No ability to remove leverage
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • 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.

Financial Regulators
Cyprus Securities and Exchange Commission
Monetary Authority of Singapore
Financial Conduct Authority
Australian Securities and Investments Commission
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
Year Founded
2008 2006
Minimum Deposit
$, €, £ - 100 $, €, £ - 100
Payment Methods
Visa
Mastercard
Bank Transfer
Paypal
Skrill
Visa
Mastercard
Bank Transfer
Paypal
Account Base Currencies
16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD. 4 - USD, GBP, EUR, CHF.
Available to U.S Citizens
No No
Restricted Countries
US, CA, CU, SY, IR. US, BE, IR.
STP Account
Yes No
DMA Account
No No
ECN Account
No No
Assets
Available Assets
Stocks
Currencies
Cryptos
Commodities
ETFs
CFDs
Indices
Options
Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
Bonds
Options
CFDs
Stocks
2000+ 626
Currency Pairs
70 55
Commodities
25 27
Indices
26 33
ETFs
95 59
Cryptocurrencies
14 17
Bonds
N/A 2
Options
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. 44
Futures
N/A N/A
Notes:
All Plus500 assets are CFDs. Most of AvaTrade's assets are CFDs.
Trading Experience
Minimum Stock Trade Size
Varies by Stock (Eg: 0.05 units of Tesla) Depends on Stock price, from 1 to 10 or 100 units.
Minimum ETFs Trade Size
Varies by ETF (Eg: 0.5 units of XLK) Depends on ETF price, from 1 to 10 or 100 units.
Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.001 BTC) Depends on cryptocurrency, for BTC 0.01, for ETH 0.1 units.
Minimum FX Trade Size
$1,000 $1,000
Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.2 Troy ounces of Gold) 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
Varies by Option (Eg: 5 contracts of Tesla Calls) 10,000 FX Option contracts
Retail Leverage
Up to 1:30 Up to 1:30
Professional Leverage
Up to 1:300 Up to 1:500
Customisable Leverage
No No
Deleveraged Trading
No No
Demo Account
Yes 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
Propietary Platform
Yes Yes
Multi-chart Tools
Yes No
Copy Trading
No No
Social Trading
No No
Guaranteed Stop-loss
Yes No
Trailing Stop-loss
Yes No
Fees
Inactivity Fee
Yes, $10 every 3 months Yes, $50 per quarter after 3 months of inactivity.
Deposit Fees
No No
Withdrawal Fees
No No
Commissions
No No
Spreads
EUR/USD
Dynamic - From 0.8 Pips 0.9 Pips
SP500
Dynamic - From 70 Pips 50 Pips
GOLD
Dynamic - From 30 Pips 34 Pips
TSLA (Stock CFD)
Dynamic - From $5.2 $1.92
XLK (ETF - CFD)
Dynamic - From 7 Pips N/A
BTC
Dynamic - From $136 $137.31
Research and Analysis
Watchlists
No, only allows setting an individual favourites list Yes
Stock Screener
No No
Economic Calendar
Yes Yes
Integrated Newsfeed
No No
Reuters Feed
No No

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