Why choose AvaTrade
AvaTrade is a global forex and CFD broker. Opening an account at the broker is easy and fully digital. AvaTrade offers various deposit and withdrawal options, all of which are free of charge. It also has diverse and user-friendly research and education tools.
On the negative side, its product portfolio is limited, consisting only of forex, various CFDs (for stocks, indexes, commodities, etc.) and cryptos. Inactivity fees are high, and CFD trading fees are not the most competitive on the market.
- Easy and fast account opening
- Free deposit and withdrawal options
- Great research tools
63% of retail CFD accounts lose money
Not sure if this is the right broker for you? See the best ones.
See how the best brokers in the United States compare to AvaTrade
Fees
- Low forex fees
- No withdrawal fee
We compared AvaTrade's fees with two similar brokers we selected, XM and Admirals (Admiral Markets). These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of AvaTrade alternatives.
Low FX fees
All fees are built into the spread, so there is no separate commission charged. For example, the EUR/USD spread is 0.9.
Broker | EURUSD spread | FX commission per lot |
---|---|---|
AvaTrade | 0.9 | No commission is charged |
XM | 0.1 | $3.50 commission per lot per trade on XM Zero accounts |
Admirals (Admiral Markets) | 0.1 | $3.00 commission per lot per trade |
Average index CFD fees
All index CFD fees are built into the spread. For example, the spread for S&P 500 index CFDs is 0.5.
Broker | S&P 500 CFD spread |
---|---|
AvaTrade | 0.5 |
XM | 0.6 |
Admirals (Admiral Markets) | 0.4 |
Low stock CFD fees
All stock CFD fees are built into the spread. The spread for Apple stock CFDs, for example, is 0.2.
Broker | Apple CFD |
---|---|
AvaTrade | $0.9 |
XM | $1.5 |
Admirals (Admiral Markets) | $1.1 |
High inactivity fee, no withdrawal fee
The broker doesn't charge account fees, and deposits and withdrawals are also free of charge.
On the negative side, AvaTrade charges an inactivity fee of $50/€50/£50 (depending on your account currency) per quarter after 3 straight months of inactivity. On top of that, after 12 consecutive months of non-use, an annual administration fee of $100/€100/£100 will be deducted. When added up, these inactivity-related fees are quite high compared with AvaTrade's peers.
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
AvaTrade | $0 | |
XM | $0 | |
Admirals (Admiral Markets) | $0 |
Other commissions and fees
Low futures fees: US index futures fees are as follows - $0.49 per standard and E-mini contracts, $0.19 per micro contract.
Broker | US stock | UK stock |
---|---|---|
AvaTrade | - | - |
XM | $1.0 | $9.0 |
Admirals (Admiral Markets) | $0.0 | $0.0 |
Check out a detailed analysis of all the fees, commissions, and other charges levied by AvaTrade for more information.
Safety
- Majority of clients belong to a top-tier financial authority
- Negative balance protection
Deposit and withdrawal
- Free withdrawal
- No deposit fee
- Credit/Debit cards, electronic wallets
Account opening
- Fast
- Fully digital
- Low minimum deposit
Mobile app
- User-friendly
- Good search function
- AvaProtect order type
Web trading platform
- User-friendly
- Good search function
- AvaProtect loss insurance
Product selection
FAQ
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.