Compare AMarkets vs AvaTrade
What is AMarkets? What is AvaTrade ?
AMarkets is a forex and CFD broker that was established in 2007 and is regulated by the Financial Commission in the United Kingdom. It offers trading on various platforms, including MetaTrader 4, MetaTrader 5, and its own mobile app. It has over 500 trading instruments, including forex, stocks, indexes, metals, bonds, ETFs, and cryptocurrencies. It also provides educational resources, analytical tools, and trading contests for its clients.
AvaTrade is a forex and CFD broker that was established in 2006 and is regulated by multiple authorities, including FSCA, ASIC, IIROC, FSC, FSA, and CBI. It offers trading on various platforms, including MetaTrader 4, MetaTrader 5, mobile, and WebTrader. It has over 250 trading instruments, including forex, stocks, futures, indexes, agriculture, metals, energies, bonds, spread betting, crypto, and CFDs. It also provides educational resources, social trading features, and analytical tools for its clients.
AMarkets vs AvaTrade Regulation Comparison
- AMarkets is regulated by the Financial Commission in the United Kingdom since 2013. The Financial Commission is an independent dispute resolution organization that provides protection for traders up to €20,000 per case.
- AvaTrade is regulated by multiple authorities across different jurisdictions. These include:
- FSCA (South Africa) since 2015
- ASIC (Australia) since 2011
- IIROC (Canada) since 2019
- FSC (British Virgin Islands) since 2013
- FSA (Japan) since 2012
- CBI (Ireland) since 2009
- These regulators provide various levels of protection for traders depending on their location and account type. For example, ASIC provides compensation up to AUD $250,000 per client under the Australian Financial Services Compensation Scheme (FSCS), while CBI provides compensation up to €20,000 per client under the Irish Investor Compensation Scheme (ICS).
AMarkets vs AvaTrade Trading Assets Comparison
- AMarkets offers over 500 trading instruments across various asset classes. These include:
- Forex: 42 currency pairs
- Stocks: over 300 global stocks
- Indexes: 11 major indexes
- Metals: gold and silver
- Bonds: 4 government bonds
- ETFs: over 100 exchange-traded funds
- Crypto: over 50 cryptocurrencies
- AvaTrade offers over 250 trading instruments across various asset classes. These include:
- Forex: 55 currency pairs
- Stocks: over 100 global stocks
- Futures: over 20 futures contracts
- Indexes: over 20 major indexes
- Agriculture: over 10 commodities
- Metals: gold and silver
- Energies: oil and gas
- Bonds: over 10 government bonds
- Spread betting: forex and index betting (only for UK and Ireland clients)
- Crypto: over 10 cryptocurrencies
AMarkets vs AvaTrade Trading Fees Comparison
AMarkets charges fixed spreads for its Standard Account and variable spreads for its ECN Account. The average spread for the EUR/USD pair is 0.4 pips for the Standard Account and 0.1 pips for the ECN Account. The broker also charges commissions of $2.50 per lot for the ECN Account.
AvaTrade charges fixed spreads for its Standard Account and variable spreads for its Professional Account. The average spread for the EUR/USD pair is 0.6 pips for the Standard Account and 0.9 pips for the Professional Account. The broker does not charge commissions for either account.
Both brokers charge swap fees for holding positions overnight and do not charge deposit or withdrawal fees.
AMarkets vs AvaTrade Account Types Comparison
AMarkets offers two main account types: Standard and ECN. The minimum deposit for both accounts is $100. The maximum leverage for both accounts is 1:1000.
AvaTrade offers two main account types: Standard and Professional. The minimum deposit for both accounts is $100. The maximum leverage for the Standard Account is 1:400 and for the Professional Account is 1:400 or higher depending on the regulator.
Both brokers also offer demo accounts, Islamic accounts, and PAMM accounts.
AMarkets vs AvaTrade Deposit Options Comparison
- AMarkets offers various deposit and withdrawal options, including:
- WebMoney
- Skrill
- Wire transfer
- Credit/debit cards
- Neteller
- UnionPay
- Perfect Money
- FasaPay
- Crypto
- Litecoin
- AdvCash
- Tether (USDT)
- OnlineNaira
- Ethereum
- AvaTrade offers various deposit and withdrawal options, including:
- WebMoney
- Skrill
- Wire transfer
- Credit/debit cards
- Neteller
- PayPal
- UnionPay
AMarkets vs AvaTrade Trading Platforms Comparison
- AMarkets offers various trading platforms, including:
- MetaTrader 4: a popular and user-friendly platform that supports multiple order types, indicators, charts, and automated trading.
- MetaTrader 5: an advanced and multi-asset platform that supports more order types, indicators, charts, and automated trading than MT4.
- AMarkets App: a mobile app that allows traders to access their accounts, execute trades, and monitor the markets on the go.
- AvaTrade offers various trading platforms, including:
- MetaTrader 4: a popular and user-friendly platform that supports multiple order types, indicators, charts, and automated trading.
- MetaTrader 5: an advanced and multi-asset platform that supports more order types, indicators, charts, and automated trading than MT4.
- Mobile: a mobile app that allows traders to access their accounts, execute trades, and monitor the markets on the go.
- WebTrader: a web-based platform that does not require any download or installation and can be accessed from any browser.
AMarkets vs AvaTrade Analytical Tools Comparison
- AMarkets provides various analytical tools for its clients, including:
- Economic calendar: a tool that shows the upcoming economic events and their impact on the markets.
- Market sentiment: a tool that shows the percentage of buyers and sellers for each instrument.
- Trading signals: a tool that provides buy and sell recommendations based on technical analysis.
- Trading ideas: a tool that provides market insights and trading strategies from professional analysts.
- AvaTrade provides various analytical tools for its clients, including:
- Economic calendar: a tool that shows the upcoming economic events and their impact on the markets.
- Market news: a tool that provides the latest market news and analysis from experts.
- Trading signals: a tool that provides buy and sell recommendations based on technical analysis from MQL5 or Autochartist.
- Social trading: a tool that allows traders to copy the trades of other successful traders from ZuluTrade or DupliTrade.
AMarkets vs AvaTrade . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals and risk appetite. However, some factors you need to consider when comparing AMarkets and AvaTrade, such as:
- Regulation: AvaTrade has more licenses from reputable regulatory bodies than AMarkets, which can give you more confidence and protection when trading with them.
- Trading assets: AMarkets has more trading tools than AvaTrade, which can give you more opportunities and diversification in the market.
- Trading Fees: AMarkets has lower spreads than AvaTrade, which can save you some costs in the long run. However, AMarkets also charges a commission for its ECN Account, while AvaTrade does not charge a commission for both accounts.
- Account Type: Both brokers offer similar account types, but AvaTrade has lower leverage than AMarkets for Standard Accounts. You may prefer higher leverage if you want to trade with a smaller margin or lower leverage if you want to reduce your risk.
- Deposit and Withdrawal Options: Both brokers offer a variety of payment methods, but AMarkets has more options than AvaTrade, especially in terms of cryptocurrencies. You may prefer more options if you want more flexibility and convenience in your transactions.
- Trading Platforms: Both brokers offer MetaTrader 4 and MetaTrader 5, which are trusted and widely used platforms. However, AvaTrade also offers WebTrader, a web-based platform that requires no download or installation. You may prefer WebTrader if you want to trade from any browser or device without any hassle.
- Analysis Tools: Both brokers provide useful tools for market analysis and trading signals, but AvaTrade also offers social trading features that allow you to copy trades of other traders. other successful traders. You may prefer social trading if you want to learn from others or automate your trading.
Ultimately, the best forex broker for you is the one that meets your needs and expectations. You can research and compare the pros and cons of each broker before making a decision. You can also try out their demo account to see how they perform in real market conditions.
