Compare FXGiants vs AvaTrade
What is FXGiants? What is AvaTrade?
FXGiants is a trade name of Notesco Limited, a company registered in Bermuda that offers online trading of forex, metals, indices, commodities, futures, shares and cryptocurrencies. FXGiants claims to provide competitive trading conditions, advanced platforms and personalised support.
AvaTrade is a trade name of AVA Trade EU Ltd, a company regulated by the Central Bank of Ireland that offers online trading of forex, stocks, commodities, crypto, indices and options. AvaTrade boasts of having a world-class trading experience, powerful platforms, investor protection and learning resources.
FXGiants vs AvaTrade Regulation Comparison
FXGiants is regulated by nine authorities in six continents: the Financial Futures Association of Japan (FFAJ), the Financial Services Agency of Japan (FSA), the Cyprus Securities and Exchange Commission (CySEC), the Israel Securities Authority (ISA), the Investment Industry Regulatory Organization of Canada (IIROC), the Abu Dhabi Global Markets Financial Services Regulatory Authority (ADGM/FSRA), the Central Bank of Ireland (CBI), the British Virgin Islands Financial Services Commission (BVIFSC) and the Financial Sector Conduct Authority of South Africa (FSCA).
AvaTrade is regulated by six authorities in five continents: the Central Bank of Ireland (CBI), the Australian Securities and Investments Commission (ASIC), the Financial Services Agency of Japan (FSA), the Financial Services Board of South Africa (FSB), the British Virgin Islands Financial Services Commission (BVIFSC) and the Abu Dhabi Global Markets Financial Services Regulatory Authority (ADGM/FSRA).
FXGiants vs AvaTrade Trading Assets Comparison
FXGiants offers over 1000 instruments across six asset classes: forex, metals, indices, commodities, futures and shares. FXGiants also offers trading of cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Ripple.
AvaTrade offers over 1250 instruments across six asset classes: forex, stocks, commodities, crypto, indices and options. AvaTrade also offers trading of ETFs and bonds.
FXGiants vs AvaTrade Trading Fees Comparison
FXGiants charges variable or fixed spreads depending on the account type. The minimum spread for EUR/USD is 0.0 pips for the Live Zero Fixed Spread account, which has a commission of $9 per lot per side. The minimum spread for EUR/USD is 1.0 pips for the Live Floating Spread account and 1.2 pips for the Live Fixed Spread account, which have no commission. FXGiants also charges swap fees for overnight positions and may charge an inactivity fee of $15 per month after 12 months of no trading activity.
AvaTrade charges variable or fixed spreads depending on the instrument and platform. The minimum spread for EUR/USD is 0.9 pips for MT4 and 1.3 pips for MT5. The minimum spread for EUR/USD is 3 pips for WebTrader and AvaOptions. AvaTrade also charges swap fees for overnight positions and may charge an inactivity fee of $50 per quarter after three months of no trading activity.
FXGiants vs AvaTrade Account Types Comparison
FXGiants offers six account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN 0 Spread and STP/ECN Absolute Zero. The minimum deposit ranges from $100 to $500 depending on the account type. FXGiants also offers Islamic accounts that are compliant with Shariah law and MAM accounts that allow money managers to trade multiple accounts simultaneously.
AvaTrade offers two account types: Retail and Professional. The minimum deposit is $100 for both account types. AvaTrade also offers Islamic accounts that are compliant with Shariah law and MAM accounts that allow money managers to trade multiple accounts simultaneously.
FXGiants vs AvaTrade Deposit Options Comparison
FXGiants accepts various deposit and withdrawal methods such as credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller, FasaPay) and local bank transfers. The processing time varies from instant to five business days depending on the method. FXGiants does not charge any fees for deposits or withdrawals.
AvaTrade accepts various deposit and withdrawal methods such as credit/debit cards, bank wire transfers, e-wallets (Skrill, Neteller, WebMoney) and local bank transfers. The processing time varies from instant to ten business days depending on the method. AvaTrade does not charge any fees for deposits or withdrawals.
FXGiants vs AvaTrade Trading Platforms Comparison
FXGiants offers four trading platforms: FXGiants Web Trader, FXGiants Mobile Trading App, MetaTrader 4 and PMAM. FXGiants Web Trader is a web-based platform that does not require any download and has an easy-to-use interface. FXGiants Mobile Trading App is an app for iOS and Android devices that allows traders to access the markets anytime and anywhere. MetaTrader 4 is the most popular trading platform that offers advanced tools, indicators and charts. PMAM is a platform for money managers that allows them to manage multiple accounts with different strategies.
AvaTrade offers seven trading platforms: AvaTradeGO, WebTrader, AvaSocial, AvaOptions, MetaTrader 4, MetaTrader 5 and DupliTrade. AvaTradeGO is an app for iOS and Android devices that allows traders to access the markets anytime and anywhere. WebTrader is a web-based platform that does not require any download and has an intuitive interface. AvaSocial is a platform that allows traders to copy the actions of pro traders. AvaOptions is a platform that allows traders to trade vanilla options with various strategies. MetaTrader 4 and MetaTrader 5 are the most popular trading platforms that offer advanced tools, indicators and charts. DupliTrade is a platform that allows traders to duplicate the actions of pro traders.
FXGiants vs AvaTrade Analytical Tools Comparison
FXGiants offers various analytical tools such as economic calendar, market news, market analysis, trading signals, trading calculators and VPS hosting. FXGiants also offers educational resources such as webinars, seminars, ebooks, videos and articles.
AvaTrade offers various analytical tools such as economic calendar, market news, market analysis, trading signals, trading calculators and VPS hosting. AvaTrade also offers educational resources such as webinars, ebooks, videos and articles.
FXGiants vs AvaTrade. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading preferences, goals and risk appetite. There is no definitive answer to which forex broker is better, as different brokers may suit different traders. FXGiants and AvaTrade are both reputable and reliable forex brokers that offer various trading services and platforms. However, they also have some differences in terms of regulation, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms and analytical tools.
Therefore, before choosing a forex broker, you should do your own research and compare these factors according to your personal preferences, goals and risk appetite. You should also read the reviews and feedbacks of other traders who have used these brokers to get a better idea of their pros and cons.
