Overview of AvaTrade fees and charges
It's safe to say that AvaTrade's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use AvaTrade even in case you trade frequently like multiple times a week or daily.
Here's a high level overview of AvaTrade's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| S&P 500 CFD | Low | The fees are built into the spread, 0.5 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | The fees are built into the spread, 2 points is the average spread cost during peak trading hours. |
| EURUSD | Average | The fees are built into the spread, 0.9 pips is the average spread cost during peak trading hours. |
| Inactivity fee | High | $50 per quarter after 3 months of inactivity; after 12 straight months of non-use, a further annual administration fee of $100 is charged |
Disclaimer: 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
AvaTrade fees
AvaTrade fees explained
We compare AvaTrade fees with its closest competitors, XM and Admirals (Admiral Markets).
AvaTrade fees
AvaTrade trading fees
AvaTrade's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).
Let's break down the trading fees into the different asset classes available at AvaTrade.
Trading fees
AvaTrade's trading fees are low.
It is super hard to compare trading fees for CFD brokers. What we did at BrokerChooser? Instead of quoting long fee tables, we compare brokers by calculating all fees of an example trade for three assets.
For the assets we chose cleverly and arbitrarily:
- Apple, a large US stock
- Vodafone, a large European stock
- EURUSD, a popular currency pair
The example in this context would mean buying a position, holding for one week, and selling it. For the volume we chose a $2,000 position for the stocks and $20,000 for the EURUSD.
This super catch-all benchmark includes spreads, commissions and financing costs for all brokers.
Here is the verdict.
| AvaTrade | XM | Admirals (Admiral Markets) | |
|---|---|---|---|
| Apple benchmark fee | $6.6 | $6.7 | $4.6 |
| Vodafone benchmark fee | $8.3 | $2.3 | $12.1 |
| EURUSD benchmark fee | $16.4 | $17.5 | $15.1 |
Financing rates
AvaTrade financing rates are average.
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| AvaTrade | XM | Admirals (Admiral Markets) | |
|---|---|---|---|
| Apple CFD financing rate | 9.0% | 6.0% | 6.1% |
| Vodafone CFD financing rate | 8.2% | 5.9% | 6.0% |
| EURUSD financing rate | 3.8% | 3.7% | 3.6% |
| EURGBP financing rate | 3.1% | 3.0% | 3.6% |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
AvaTrade will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: Exchange rate received from liquidity providers plus a mark-up. We used the EURUSD trading fees for the calculation..
AvaTrade fees
AvaTrade non-trading fees
When it comes to looking at all the non-trading fees AvaTrade is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.
Non-trading fees include various brokerage fees and charges at AvaTrade that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| AvaTrade | XM | Admirals (Admiral Markets) | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | Yes | Yes | Yes |
| Account fee | No | No | No |
AvaTrade fees
AvaTrade deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and AvaTrade is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods AvaTrade offers.
| AvaTrade | XM | Admirals (Admiral Markets) | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Deposit fee | $0 | $0 | $0 |
AvaTrade fees
AvaTrade withdrawal fee
Unlike some online brokers we have reviewed AvaTrade does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| AvaTrade | XM | Admirals (Admiral Markets) | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
AvaTrade fees
AvaTrade inactivity fee
AvaTrade does apply an inactivity fee and it is $50 per quarter after 3 months of inactivity; after 12 straight months of non-use, a further annual administration fee of $100 is charged. This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade. The fact that AvaTrade charges an inactivity fee makes it less ideal for you if you are a buy and hold investor.
AvaTrade has high inactivity fee.
| AvaTrade | XM | Admirals (Admiral Markets) | |
|---|---|---|---|
| Inactivity fee | Yes | Yes | Yes |
| Inactivity fee | $50 per quarter after 3 months of inactivity; after 12 straight months of non-use, a further annual administration fee of $100 is charged | $15 one-off maintenance fee after one year of inactivity, followed by $5 per month fee if the account remains inactive | €10 per month. Only charged if your account balance is greater than zero |
Read more about AvaTrade inactivity fee on their own site.
