AvaTrade vs TD Ameritrade compared

AvaTrade
TD Ameritrade
71% of retail CFD accounts lose money

AvaTrade

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Deposit and withdrawal score4.5/5.0
  • Markets and products score2.3/5.0
  • Account opening score5.0/5.0
Good to know
Recommended for
  • forex 3.90/5
You can't open an account at AvaTrade

TD Ameritrade

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Deposit and withdrawal score2.2/5.0
  • Markets and products score3.9/5.0
  • Account opening score4.0/5.0
Good to know
Recommended for
  • beginners 4.22/5
  • equity 4.38/5
  • forex 4.01/5
You can open an account at TD Ameritrade
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Basic data of broker

Overall Score
4.3

Recommended for Forex and CFD traders looking for an option to use MetaTrader platforms

Overall Score
4.9

Recommended for Investors and traders looking for solid research and a well-equipped desktop trading platform

Best broker for bonds

Country of origin

Ireland

Country of origin

USA

Fees

Fees score
3.7
Fees score
4.1
Fees summary

Low trading fees, average non-trading fees, high inactivity fee

Fees summary

Low trading and non-trading fees, high fund fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.5
Deposit and withdrawal score
2.2
Number of base currencies

7

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
4.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$100

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1-3 days

Required documents

Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill

Required documents

Proof of identity: SSN and national ID / passport / driver's license

Trading platform

Web platform score
3.8
Web platform score
4.3
Mobile platform score
4.7
Mobile platform score
4.8
Desktop platform score
3.4
Desktop platform score
4.5

Markets and products

Markets and products score
2.3
Markets and products score
3.9
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
*
*
Forex
*
*
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

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

Research score
4.6
Research score
5.0
Charting quality

Great

Charting quality

Great

Education score
5.0
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

€20,000 for EU clients, no protection for other clients

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2006

Foundation date

1975

Country of regulation

Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, Israel

Country of regulation

USA, Hong Kong, Singapore

AvaTrade

For detailed information and hands-on experience, read our review of this broker.

TD Ameritrade

For detailed information and hands-on experience, read our review of this broker.

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.

AvaTrade's service is slightly weaker than TD Ameritrade's and a comparison of their fees shows that AvaTrade's fees are similar to TD Ameritrade's.

Account opening takes somewhat less effort at AvaTrade compared to TD Ameritrade, deposit and withdrawal processes are more seamless at AvaTrade, while customer service quality is similar to TD Ameritrade's.

Our experts rated the trading platform of AvaTrade as somewhat worse than the platform of TD Ameritrade, found that clients have access to less markets and products with AvaTrade, while TD Ameritrade provides somewhat better research and education.

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