Trading212 versus AvaTrade
AvaTrade provides traders with a broad range of trading platforms, including its proprietary WebTrader, its mobile app AvaTradeGO, and Ava Option. It also has the out-of-the-box MT4/MT5 trading platforms with algorithmic and copy trading support, upgraded via the Trading Central plugin. Social traders may use Ava Social, ZuluTrade, and DupliTrade. A lucrative partnership program with $250M+ in payouts provides passive income opportunities.
Trading212 shines with fractional share dealing from as little as £1.00 plus its AutoInvest feature, available in the proprietary web-based trading platform or user-friendly mobile app, ideal for casual traders. It has an active trading community of 1.5M+ traders with 3.0B+ in assets.
We have conducted an in-depth review of AvaTrade and Trading212 to determine which one presents the better overall choice and which traders will benefit the most at either broker.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- Trading212 versus AvaTrade- Verdict
Ireland Cyprus ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID FCA, FSC Mauritius 2006 2006 Market Maker Market Maker $100 $1 N/A Other, MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based+ MetaTrader 4, Proprietary platform 0.9 pips 1.9 pips ($19.00) 1.5 pips 2.9 pips ($29.00) $0.03 $0.04 $0.29 $0.68 77.82% N/A Not applicable N/A 0.9 pips N/A Commission-free N/A Get Started Get Started
Features and Platforms
N/A N/A Get Started Get Started
Noteworthy:
SharpTrader, the AvaTrade academy, spun out into a separate business unit due to its tremendous success and is one of the best educational resources in the industry.
Available Markets
N/A N/A Get Started Get Started
The asset selection at AvaTrade is balanced and has enough quantity for most retail traders to achieve cross-asset diversification, focused on equity CFDs and ETFs. Forex options supplement an average choice of currency pairs. Trading212 maintains 180+ currency pairs and 10,000+ trading instruments, trumping AvaTrade in quantity but trailing in broad-based sector coverage.
Typical Spreads and Fees
0.9 pips 1.9 pips ($19.00) 1.5 pips 2.9 pips ($29.00) $0.03 $0.04 $0.29 $0.68 $39 $46.59 Not applicable N/A 0.9 pips N/A Commission-free N/A N/A N/A $50 quarterly after 3 months N/A Get Started Get Started
Both offer commission-free CFD trading, but Trading212 has wider spreads. The Forex pricing environment, also commission-free, remains expensive at AvaTrade and Trading212 but notably cheaper at AvaTrade, where minimum costs are $9 per standard lot versus $20 at Trading 212. Trading212 notes a 0.50% currency conversion fee for CFD traders, 0.15% for investors.
Security and Trust
United Arab Emirates, Australia, Ireland, Israel, Japan, British Virgin Islands, South Africa Bulgaria, Cyprus, United Kingdom ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID FCA, FSC Mauritius C53877, SIBA/L/13/1049, 406684, 45984, 1662, 190018, 514666577 609146, 398/21, RG-03-0237 N/A 1, 1, 1 Get Started Get Started
Both AvaTrade and Trading212 segregate client deposits from corporate funds and provide negative balance protection. The Trading212 UK and Cyprus have an investor compensation fund. While AvaTrade is one of the most trusted brokers industry-wide, trading conditions are not equally competitive, as regulators have various restrictions.
AvaTrade vs Trading212 – Verdict
Trading212
Pros | Cons |
Market-leading currency and commodities selection | Low leverage for retail traders |
Fractional share dealing and AutoInvest | MT4 trading platform and algorithmic trading are not available |
YouTube educational channel | High trading costs |
Low minimum deposits from as little as $1 |
AvaTrade
Pros | Cons |
High-quality educational offering via SharpTrader | Higher trading costs typical of 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 |
Trading212 provides an excellent choice of equity CFDs, but the absence of MT4 and algorithmic trading are notable. Costs remain unacceptably high, but the YouTube channel and fractional share dealing appeal to beginners. AvaTrade provides an overall better choice with more trading platforms, support for algorithmic and social traders, and a cheaper cost structure, where the geographic location of traders makes a difference.
You might also be interested in reviewing the below broker comparisons:
- Trading212 vs Robinhood
- Trading212 vs Plus500
- Trading212 vs IG Markets
- Avatrade vs XTB
- Avatrade vs CM Trading
- Avatrade vs Squared Financial
FAQs
Can I trust Trading212?
Trading212 has operated since 2006 and complies with three regulators. It caters to 1.5M+ traders with 3.0B+ assets, making it a trustworthy broker.
Which is better, Trading212 or AvaTrade?
AvaTrade offers lower trading costs, better platform choices, and supports algorithmic and social trading. For most traders, AvaTrade remains a more competitive choice.
What can I use instead of Trading212?
It depends on the requirements of individual traders, but many brokers offer a better product and services portfolio with lower trading costs than Trading212.
Is AvaTrade reliable?
AvaTrade ranks among the most reliable multi-asset brokers due to its spotless operational record, extensive regulatory environment, and 15+ years of experience.
How long do AvaTrade withdrawals take?
AvaTrade processes withdrawals between 24 and 48 hours, but it can take several business days, payment processor dependent, for clients to receive their funds.
How much does AvaTrade cost?
Trading costs are asset dependent and remain commission-free, with Forex costs starting from $9 per lot.
Is AvaTrade commission-free?
AvaTrade maintains a commission-free pricing environment but adds mark-ups on spreads, which may result in more expensive fees than commission-based cost structures.
Does Trading212 charge withdrawal fees?
Trading212 does not charge internal withdrawal fees, but third-party payment processor costs apply.
Does Trading212 charge overnight fees?
Trading212 levies swap rates on leveraged overnight positions, but the amount depends on the asset and borrowed capital.