AvaTrade versus Coinbase

Founded in 2007, AvaTrade continues to earn the trust of its growing international trader base. It offers leveraged trading with an acceptable minimum deposit of $100. Coinbase, operational since 2012, became a leading cryptocurrency exchange and a market leader based on trading volume as of March 2021.

AvaTrade offers MT4/MT5, supporting algorithmic trading and integrated copy trading services. It also developed its proprietary WebTrader, its mobile app AvaTradeGO, Ava Option, and Ava Social. AvaTrade also features services provided by Trading Central, additionally available as an MT4/MT5 plugin.

Coinbase remains popular among millennials and GenZ traders, especially those favoring mobile trading, due to its user-friendly mobile app and proprietary cryptocurrency wallet. It caters to active traders and presents exposure to lesser-known assets.

We have conducted an in-depth review of AvaTrade and Coinbase to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsAvaTrade (visit site)Coinbase (visit site)
avatradecoinbase
Headquarter:IrelandUS
Established :
20072012
Retail Loss Rate:
71.00%Undisclosed
Regulation:
Minimum Deposit:
$100$0
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
$50 after three months, recurring
Deposit Fee:
Withdrawal Fee
Third-PartyThird-Party
Funding Methods:
53
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
Excellent educational serviceBroad asset selection
Unique Feature Two:
Well-balanced asset selectionPassive income generation
Broker Offers:

Noteworthy:

SharpTrader, the AvaTrade trading academy, spun out into a separate business unit due to its tremendous success and demand, remains one of the best educational resources, ideal for beginner traders.

Available Markets

Available MarketsAvaTradeCoinbase
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Indices:
Equities:
Bonds:
ETFs:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
1:4001:1
Maximum Pro Leverage:
1:4001:3

AvaTrade maintains a well-balanced asset selection, catering to all traders and strategies. The bulk of assets offered are in the equity sector with 600+ CFDs and 50+ ETFs. Coinbase maintains a visible edge in cryptocurrencies, where it lists 5,890+ assets, but AvaTrade grants higher leverage, making it a better choice for active traders.

Typical Spreads and Fees

Typical Spreads & FeesAvaTradeCoinbase
Minimum Raw Spreads:
Not applicableNot applicable
Minimum Standard Spreads:
0.9 pipsNot applicable
Minimum Commission for Forex:
Commission-freeNot applicable
Commission for CFDs/DMA:
Commission-freeNot applicable
Commission Rebates:
Not applicableNot applicable
Execution Type:
Market MakerMarket Maker

AvaTrade offers the EUR/USD from 0.9 pips or $9.00 per lot. Equity mark-ups are 0.13%, creating a more expensive environment versus commission-based offers. The lack of transparency at Coinbase, which merely notes the addition of spreads unless using Advanced Trade, is concerning.

Security and Trust

AvaTrade

Country of the RegulatorName of the RegulatorLicense Number
Ireland
Central Bank of IrelandReference Number C53877
The British Virgin Islands
Financial Services CommissionLicense Number SIBA/L/13/1049
Australia
Australian Securities and Investments CommissionLicense Number 406684
South Africa
South African Financial Sector Conduct AuthorityLicense Number 45984
Japan
Financial Services Agency /Financial Futures AssociationLicense Number 1662 / License Number 1574
United Arab Emirates (Abu Dhabi)
ADGM - Financial Regulatory Services AuthorityLicense Number 190018
Israel
Israel Securities AuthorityLicense Number 514666577

Coinbase

Country of the RegulatorName of the RegulatorLicense Number
US
Financial Crimes Enforcement Network (FinCEN)Undisclosed

AvaTrade is one of the most trusted brokers industry-wide, but the trading environment is subject to regulation, as regulators have various degrees of restrictions. Coinbase is duly registered as a Money Service Business with the Financial Crimes Enforcement Network (FinCEN) and holds all necessary licenses to operate legally.

AvaTrade vs Coinbase – Verdict

AvaTrade

ProsCons
High-quality educational offering via SharpTraderHigher trading costs typical for commission-free brokers
Excellent choice of trading platforms catering to various trading needs
Broad asset selection and cross-asset diversification opportunities
Well-regulated and trusted broker with oversight from a central bank

Coinbase

ProsCons
Excellent choice of cryptocurrency assets, and US market leader by trading volume Limited deposit and withdrawal options
Coinbase debit card for swift financial transactionsLack of overall transparency, history of vulnerability to theft, and poor customer support
Educational content allows beginner traders to earn crypto assets
Publicly listed company

AvaTrade maintains an environment suitable for all trading strategies. The choice of trading platforms and well-balanced asset selection combine with high leverage from a trusted broker. Traders must accept higher costs but get an overall competitive broker. Both companies cater well to beginner traders, but Coinbase allows traders to earn crypto as they complete each lesson.

Read full AvaTrade Review
Read full Coinbase Review

FAQs

Does AvaTrade accept Bitcoin?

AvaTrade does not accept Bitcoin, or any other cryptocurrency, as a payment method.

Is my money safe in AvaTrade?

AvaTrade complies with seven regulators, including one central bank, making it one of the most secure and trustworthy brokers.

Does AvaTrade have crypto?

AvaTrade offers cryptocurrency CFDs but no physical crypto purchases. It makes it ideal for traders but not for investors.

How do I buy Bitcoins with AvaTrade?

Traders must deposit fiat currency into their AvaTrade account before transacting in Bitcoin CFDs. AvaTrade does not offer physical Bitcoin purchases but grants traders exposure to derivative trading.

Most Visited Forex Broker Reviews