Compare MTrading vs AvaTrade
What is MTrading? What is AvaTrade?
MTrading is an online broker that offers trading on Forex, CFDs, Crypto, Indices and Commodities. It has been operating since 2014 and is regulated by the International Financial Services Commission of Belize. MTrading claims to provide low spreads, fast execution, negative balance protection and instant withdrawals.
AvaTrade is an online broker that offers trading on Forex, CFDs, Crypto, Indices, Options and ETFs. It has been operating since 2006 and is regulated by nine authorities in six continents. AvaTrade claims to provide tight spreads, no commissions, up to 400:1 leverage and instant execution.
MTrading vs AvaTrade Regulation Comparison
MTrading is regulated by the International Financial Services Commission of Belize (IFSC), which is a relatively low-tier regulator that does not have strict requirements for brokers. MTrading does not offer investor protection or compensation schemes for its clients.
AvaTrade is regulated by nine authorities in six continents, including the Central Bank of Ireland (CBI), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Agency of Japan (FSA), the Financial Sector Conduct Authority of South Africa (FSCA), the British Virgin Islands Financial Services Commission (BVIFSC), the Israel Securities Authority (ISA), the Investment Industry Regulatory Organization of Canada (IIROC) and the Abu Dhabi Global Markets Financial Services Regulatory Authority (ADGM/FSRA). AvaTrade offers negative balance protection, investor compensation schemes and segregated bank accounts for its clients.
MTrading vs AvaTrade Trading Assets Comparison
MTrading offers over 1000 instruments for trading, including Forex, CFDs on stocks, commodities, crypto and indices. MTrading also offers copy trading through its fully automated platform.
AvaTrade offers over 1250 instruments for trading, including Forex, CFDs on stocks, commodities, crypto, indices, options and ETFs. AvaTrade also offers copy trading through its platforms AvaSocial, DupliTrade and ZuluTrade.
MTrading vs AvaTrade Trading Fees Comparison
MTrading does not charge commissions on its trades, but it applies spreads and swaps on its instruments. MTrading also charges a $10 monthly inactivity fee after 90 days of no trading activity. MTrading does not charge deposit or withdrawal fees for most payment methods.
AvaTrade does not charge commissions on its trades, but it applies spreads and swaps on its instruments. AvaTrade also charges a $50 quarterly inactivity fee after three months of no trading activity. AvaTrade does not charge deposit or withdrawal fees for most payment methods.
MTrading vs AvaTrade Account Types Comparison
MTrading offers three types of accounts: Standard, Pro and Swap-Free. The Standard account has a minimum deposit of $100, variable spreads from 0.9 pips and a maximum leverage of 1000:1. The Pro account has a minimum deposit of $500, variable spreads from 0 pips and a maximum leverage of 500:1. The Swap-Free account is designed for Islamic traders who do not want to pay or receive interest on their positions.
AvaTrade offers four types of accounts: Retail, Professional, Islamic and MAM. The Retail account has a minimum deposit of $100, fixed or floating spreads from 0.9 pips and a maximum leverage of 30:1 for EU clients and 400:1 for non-EU clients. The Professional account has a minimum deposit of $1000, fixed or floating spreads from 0.6 pips and a maximum leverage of 400:1. The Islamic account is designed for Islamic traders who do not want to pay or receive interest on their positions. The MAM account is designed for money managers who want to manage multiple accounts with different strategies.
MTrading vs AvaTrade Deposit Options Comparison
MTrading offers a variety of payment methods for depositing and withdrawing funds, including Visa/Mastercard, Skrill/Neteller, SWIFT, local banking and other methods. MTrading claims to process withdrawals within one business day.
AvaTrade offers a variety of payment methods for depositing and withdrawing funds, including Visa/Mastercard, Skrill/Neteller, SWIFT, local banking and other methods. AvaTrade claims to process withdrawals within one to two business days.
MTrading vs AvaTrade Trading Platforms Comparison
MTrading offers two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT4 is the most popular trading platform in the world, with advanced charting tools, indicators, expert advisors and automated trading. MT5 is the newer version of MT4, with more features, instruments and order types. Both platforms are available for desktop, web and mobile devices.
AvaTrade offers six trading platforms: AvaTradeGO, WebTrader, MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaOptions and AvaSocial. AvaTradeGO is a proprietary mobile app that allows traders to access the markets anytime, anywhere. WebTrader is a web-based platform that does not require any download or installation. MT4 and MT5 are the same as MTrading’s platforms. AvaOptions is a platform that allows traders to trade FX options with over 260 expirations and 40 currency pairs. AvaSocial is a platform that allows traders to copy the best traders in the world and interact with them in a social network.
MTrading vs AvaTrade Analytical Tools Comparison
MTrading offers some analytical tools for its clients, such as economic calendar, market news, trading signals and technical analysis. MTrading also provides educational resources, such as webinars, articles, videos and ebooks.
AvaTrade offers more analytical tools for its clients, such as economic calendar, market news, trading signals, technical analysis, market sentiment, trading calculator and risk management tools. AvaTrade also provides educational resources, such as webinars, articles, videos, ebooks and courses.
MTrading vs AvaTrade. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading style and goals. There is no definitive answer to which broker is better, as each one has its own advantages and disadvantages. MTrading and AvaTrade are both online brokers that offer trading on various instruments, such as Forex, CFDs, Crypto and more.
They both have similar features, such as no commissions, copy trading, multiple platforms and analytical tools.MTrading and AvaTrade are both reputable online brokers that offer similar services and features for traders. Ultimately, the best way to decide which broker is more suitable for you is to test them out by opening a demo account or a real account with a small deposit and testing their service and performance.
