AvaTrade vs Forex.com

If you are reading this article, you’re likely having trouble deciding whether AvaTrade or Forex.com is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this AvaTrade vs Forex.com review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• AvaTrade vs Forex.com - Verdict

Feature	AvaTrade (visit site)	Forex.com (visit site)
Headquarter:	Ireland	UK
Regulation :	MiFID, Central Bank of Ireland, FSA, ASIC, BVI, FFAJ, FSCA, ADMG - FRSA	FCA, IIROC, FSA, ASIC, CFTC, NFA, CIMA
Type of Broker:	ECN/STP	Market Maker
U.S. Clients Allowed:
Minimum Deposit:	$100	£50 or a currency equivalent
Maximum Leverage:	1:400	1:50
Commissions / Spreads:	Spreads	Both, asset dependent
Account 1:	Retail	Forex.com Account
Account 2:	Professional	MT4 Account
Account 3:	Spread Betting	DMA Account
Account 4:	Standard
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:	English Chinese Other	English
Support Hours:	24/5	Sunday 3pm - Friday 10pm
E-mail Support:
SMS Support:
Chat:
Broker Offers:	See what AvaTrade offers	See what Forex.com offers

Features and Platforms

AvaTrade, headquartered in Ireland, established itself as a market leader since launching in 2006. Today it caters to more than 300,000 clients, of which 72% of retail traders operate at a loss. The figure places AvaTrade in the top third compared to all brokers, and its excellent educational unit SharpTrader plays a defining role in this regard. A total of eight trading platform and an above-average asset selection exceeding 1,250 instruments add to the success of AvaTrade. Forex.com has catered to traders since 2001 and is the largest MetaTrader broker as of April 2019. Owned by Gain Capital, acquired by publicly listed StoneX, it provides traders with MT4 together with its cutting-edge proprietary Advanced Trading Platform, featuring advanced charting tools, which is superior to the competitive AvaTrade WebTrader. 74% of Forex.com retail traders operate at a loss.

Available Markets

Forex.com offers 84 currency pairs, allowing pure Forex traders excellent market coverage, placing this broker in the top 20 globally. AvaTrade only maintains 55 currency pairs but takes a leadership position across all other sectors. Forex.com adds 18 commodities, 18 index CFDs, and eight cryptocurrencies. Traders at AvaTrade have 24, 26, and fourteen, respectively, available, granting more opportunities. With more than 1,000 equity CFDs and ETFs at AvaTrade versus just 69 equity CFDs at Forex.com, the former allows more in-depth cross-asset diversification, further enhanced via 42 options contracts. Forex.com excels for pure Forex traders, but most will find the overall asset selection at AvaTrade more suitable.

Typical Spreads and Fees

AvaTrade maintains a competitive edge with its commission-free trading account versus the same at Forex.com. Spreads at the former commence at an above-average 0.9 pips, while the latter advertises 0.8 pips but generally offers above 1.1 pips. Forex.com has a commission-based direct market access (DMA) account, where mark-ups drop to 0.1 pips for a commission of $60 per $1,000,000 in nominal trading volume or $6 per lot. High-frequency traders may lower it to $20. Swap rates on leveraged overnight positions apply at AvaTrade and Forex.com alike, but AvaTrade charges a $50 monthly inactivity fee after three months versus $15 after twelve months at Forex.com. Traders must also consider third-party payment processor costs which are applied by both brokers.