AvaTrade and Forex.com are online forex brokers that offer their trading services to traders and investors. AvaTrade is a regulated and trusted forex broker. It is regulated by multiple regulatory authorities including FCA, ASIC, CySEC, BaFin, DFSA, CMA, and SCB. Similarly, Forex.com is also a regulated broker which is regulated by CySEC, CFTC, NFA, CIMA, FCA, FSA, MAS, ASIC, CIRO. Both the brokers have their own strengths and weaknesses.
In this article, we will review and compare the brokerage services offered by AvaTrade and Forex.com. We will explore options such as regulations, reputations, fees, features, leverage, and more. Additionally, we will analyze and rate the brokers based on macro and micro categories and options. By reviewing these aspects, you will get a clear idea of which broker suits you best for your trading journey.
AvaTrade vs Forex.Com: In a Nutshell
AvaTrade
Established in 2006, Avatrade is a forex and CFD broker based in Dublin, Ireland. The company offers a wide range of trading instruments including forex, commodities, stock indices, stocks, exchange-traded funds, options, cryptocurrencies, and bonds. The broker is regulated across 9 jurisdictions AvaTrade is regulated across 9 jurisdictions including ASIC, CySEC, IIROC, ADGM/FSRA, CBI, ISA, FSCA, FFAJ, and FSC in BVI. AvaTrade offers MetaTrader 4 and 5, AvaTradeGo, AvaOptions, and WebTrader platforms for the diverse needs and preferences of the traders. To learn more, you can read our review of Avatrade.
AvaTrade at a Glance
- Founded In: 2006
- Founder: Emanuel Kronitz, Negev Nosatzki, Clal Finance
- Headquarters: Dublin, Ireland
- Minimum Deposit: $100
- Maximum Leverage: 1:30 (for retail clients), 1:400 (for Non-EU, and professional accounts) (varies by region and account type)
- Regulations: CBI, ASIC, JFSA, FSA, FSCA, ADGM, ISA, KNF, IIROC
- Trading platform: Trading Platforms: MT4, MT5, AvaTradeGO, WebTrader, AvaOptions, DupliTrade, ZuluTrade
- Account Types: Retail, Professional, Islamic, Spread Betting (UK only)
- Trading Style: Trading Styles: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: Bank Wire, Credit/Debit Cards, PayPal, Skrill, Neteller, WebMoney, Perfect Money
- US Traders: Not Accepted
Forex.Com
Founded in 2001 as part of Gain Capital Holdings, Forex.com is a well-established forex and CFD broker offering online trading services to retail traders worldwide. With over 4,500 trading instruments, including forex, indices, stocks, cryptocurrencies, commodities, gold, and silver, Forex.com is a major player in the industry. It is regulated by top authorities such as the FCA, DFSA, FSCA, FSA (Seychelles), CMA, and CySEC.
The broker provides popular trading platforms and tools like MT4, MT5, WebTrader, MobileTrader, TradingView, Capitalise.ai, Active Trader, VPS, and more. Forex.com is a wholly-owned subsidiary of StoneX, a NASDAQ-listed company with assets exceeding $7.1 billion, offering institutional-grade financial services networks that connect people to global markets.To learn more, you can read our review on Forex.com
Forex.com Overview
- Founded In: 2001
- Founder: Gain Capital
- Headquarters: United States
- Minimum Deposit: $50
- Maximum Leverage: 50:1
- Regulations:FCA, DFSA, FSCA, FSA(Seychelles), CMA, and CySEC
- Trading platform:Mobile App, Web Trader, Meta Trader 5
- Account Types: 2, (Standard, Raw Spread)
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, ACH Payments (echeck)
- US Traders: Accepted
Avatrade vs : Forex.com Features
Avatrade
- Trading Instruments: 1,250+ popular assets, across Forex, Stocks, Commodities, Indices, ETFs, and Options.
- Maximum leverage: 1: 30 for EU, UK, and Australian clients, 1:400 for global clients
- Minimum Deposit: $100
- Account Types: Two ( Retail account, Professional Account)
- Trading Fees: Starting from 0.9 pips on forex
- MAM: Available
- PAMM: No
- Scalping: Allowed
- News Trading: Allowed. However, spreads widen during major news
- EA/ Robot Trading: Allowed
Forex.com
- Trading Instruments: 4500+Trading instruments including forex, indices, stocks, cryptocurrencies, commodities, gold, and silver
- Maximum Leverage: The maximum leverage of forex.com is 50:1 for US clients, 30:1 for EU Clients, 400:1 for CMA clients, and 200:1 for Global clients.
- Minimum Deposit: $100
- Trading Fees: Starting from 1.2 pips spreads for Standard account or 7$per lot round trip for Raw account
- MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
AvaTrade vs Forex.Com: Pros and Cons
AvaTrade
- Free deposit and withdrawal options
- Great research tools
- a wide range of trading instruments
- ability to trade from mobile devices
- Unique social trading features
- Impressive educational offerings
- Negative balance protection
- Does not charge any fees for deposits or Withdrawals
- Offers commission-free trading
- Offers negative balance protection
- Supports multiple trading platforms and EAs
- High inactivity fees
- Not regulated by the FCA
- Does not accept U.S. clients
- No guaranteed stop-loss
- Do not have 24/7 customer support
Forex.Com
- Regulated by NFA, FCA, ASIC, CySEC, IIROC, FSA, CIMA, MAS,
- Top-rated forex and CFD broker in the USA
- Free demo account for prospective traders
- Crypto Trading available on MT5 Trading Platforms
- Offers protection for U.K./E.U. client accounts
- VPS hosting for automated strategies
- Offers MAM account for passive investors
- Low forex fees, no FX commissions
- You can not deposit less than $100
- Maximum leverage is 1:50
- No account protection for U.S. clients
- An inactivity fee applied after 12 months of no account activity
- Non-user-friendly desktop platform
- Cannot buy and sell other securities (like stocks and bonds)
AvaTrade vs Forex.Com: Side-by-Side Comparison
AvaTrade Vs Forex.Com: Our Scores and Ratings
We rated both brokers, AvaTrade and Forex.Com, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
AvaTrade :
Forex.Com
Final Verdict :
Both AvaTrade and Forex.com offer similar trading services globally and are regulated forex brokers. The minimum lot size for both is as low as 0.1. However, there are some differences between them.
For example, AvaTrade is regulated by 9 regulatory authorities, including ASIC, JFSA, FSA, FSCA, ADGM, CBI, ISA, KNF, IIROC, while Forex.com is regulated by 9 regulatory authorities, including CySEC, CFTC, NFA, CIMA, FCA, FSA, MAS, ASIC, CIRO. The trading cost for AvaTrade is 0.8 pips for a standard account, whereas Forex.com’s trading cost is 0.8 pips spread or commission $5.
AvaTrade cannot accept US clients as it is not regulated in the USA, while Forex.com, being a US-regulated forex broker, can accept clients from both the US and around the world.
Our score for Forex.com is 9, and for AvaTrade, it is 8.7 (according to our expert ratings, brokers that achieve a score of 8.00 or higher are considered safe and trustworthy).
Therefore, AvaTrade is most suited and trusted for non-US traders. However, if you are a US trader seeking a trusted and regulated forex broker, Forex.com is a perfect choice.
