AvaTrade vs Prosperity4x Comparison in 2024

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AvaTrade

AvaTrade is a global broker established in 2006. On its MetaTrader and proprietary platforms, you can trade over 1,000 forex, CFDs and forex options. Social traders can trade via AvaSocial, DupliTrade and ZuluTrade. AvaProtect, market news feed, and Trading Central analyses are some of the tools available to traders.Risk warning: 71% of retail traders lose money

AvaTrade Overview
  • Founded In: 2006
  • Minimum Deposit: $100
  • Maximum Leverage: 30:1
  • Regulations: ASIC, FSCA, FSA, FFAJ ,CBI
  • Trading platform: MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader
  • Account Types: Retail , Professional , Islamic , MAM
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Boleto, DinPay, FasaPay, gCard, Neteller, PaySec, SafeCharge, Skrill, VoguePay, WebMoney
  • US Traders:  Not Accepted 

ProsperityFX

ProsperityFX facilitates the trading of over 200 forex and CFDs on its MT4 platforms. Founded in 2020, the broker offers multiple account types, ECN raw spreads, fast executions, and 24/7 support. You can fund your account via several cryptos and there are no extra charges for deposits or withdrawals.

ProsperityFX Overview
  • Founded In: 2020
  • Minimum Deposit: $25
  • Maximum Leverage: 500:1
  • Regulations: None 
  • Trading platform: MT4
  • Account Types: 
  • Payment Options: VISA, MasterCard, Bitcoin
  • US Traders: Accepted 

AvaTrade vs ProsperityFX: Side By Side Comparison

AvaTrade
Prosperityfx
Product
Founded In
Founded In
2006
2020
Founded By
Founded By
Negev Shekel Nosatzki
Lee Sullivan
Headquarters
Headquarters
Dublin, Ireland
Kingstown, St. Vincent and the Grenadines
Regulations
Regulations
ASIC, FSCA, FSA, FFAJ ,CBI
None
Min Deposit
Min Deposit
$100
$25
Max Leverage
Max Leverage
30:1
500:1
Tradable Assets
Tradable Assets
Metals, Commodities, Stocks, FX Options, Oil, ETFs, Options, Crypto currencies, CFDs, Indexes, Shares, Spread Betting, Indices, Forex, Bonds
Trade Forex, Indices, Commodities and Cryptocurrencies with some of the tightest spreads available in the market
Fees
Fees
As low as 0.9 pips
Spread from 0.8 pips
Platforms and Tools
Platforms and Tools
MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader
MT4
US Traders
US Traders
Not Allowed
Allowed

AvaTrade vs ProsperityFX: Pros and Cons

AvaTrade Pros & Cons

ProsperityFX Pros & Cons

Pros
  • Low Minimum Deposit - Starting from $10
  • Allow Crypto CFD Trading 
  • Demo Accounts are Available 
  • Higher Leverage for US, and EU clients. 
  • Allow Scalping, EA Trading and News Trading 
  • Hugosway Accepts Crypto Deposits
Cons
  • Offshore Broker with very limited information
  • Limited Deposit and Withdrawal Option 
  • Spread sometimes  widens during market volatility
  • Unregulated Forex broker  
  • No Managed Account Options

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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