Alpaca Trading
AvaTrade
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders interested in algorithmic stock trading
Recommended for Forex and CFD traders looking for an option to use MetaTrader platforms
USA
Ireland
Fees
Free stock and ETF trading, low non-trading fees
Low trading fees, average non-trading fees, high inactivity fee
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
7
Deposit type
Withdrawal type
Account opening
$0
$100
1 day
1 day
Social security number, other proof of residence
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
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.
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
€20,000 for EU clients, no protection for other clients
2015
2006
USA
Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, Israel
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
Alpaca Trading's service is slightly better than AvaTrade's and a comparison of their fees shows that Alpaca Trading's fees are slightly lower than AvaTrade's.
Account opening takes about the same effort at Alpaca Trading compared to AvaTrade, deposit and withdrawal processes are considerably more complicated at Alpaca Trading, while customer service quality is lower than AvaTrade's.
Our experts rated the trading platform of Alpaca Trading as being of the same quality as the platform of AvaTrade, found that clients have access to about the same number of markets and products with Alpaca Trading, while AvaTrade provides somewhat lower-quality research and education.