Best AvaTrade Alternatives

logomark Luca Puddu calendar Last Updated: November 2021 timer 4 min read
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Every successful trader understands the key role that trading on a great platform plays in their success.

AvaTrade has proven over the years to be one of the best trading platforms with users spread across the globe as shown by this AvaTrade review.

However, if you wish to consider other options before choosing a platform to trade digital assets, you can find a list of tested and proven alternatives to AvaTrade.

Here, you can look at why we have chosen such brokers as alternatives to AvaTrade:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

AvaTrade Alternatives Alternative for Minimum Deposit
easyMarkets Deal cancellation, Fixed spread $100
Plus500 Total number of assets, Unlimited demo account $100
XM Total number of assets, Unlimited demo account $5
Oanda Lowest trade size, No minimum deposit $0
eToro Real Crypto&Stock trading, Social-Copy trading $200
HotForex Low spreads, Unlimited demo account $5
IC Markets Low spreads, Scalping, Unlimited demo account $0
Forex.com Available in the USA, Total number of assets $50
Naga Trader Real Crypto&Stock trading, Social-Copy trading $0
Darwinex Low Spreads, Copy trading $500
Table of contents

AvaTrade Unlimited Demo Account Alternatives

AvaTrade offers unlimited Demo accounts. As the name implies, these accounts are designed to help new traders learn about the platform and understand it before trading with their real money. Our Top 10 Best Forex Demo Account gives a comprehensive review of the AvaTrade Demo account. You can check the review out.

Here are some other alternatives to these demo accounts:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

AvaTrade Alternatives Demo Trial Minimum Deposit
easyMarkets Unlimited $100
Plus500 Unlimited $100
XM Unlimited $5
eToro Unlimited $200
HotForex Unlimited $5
IC Markets Unlimited $0

AvaTrade Low Spread Alternatives

If low spread is one of the factors you consider when choosing a trading platform, AvaTrade offers attractive low spread as indicated in this review: Top 10 Lowest Spread Forex Brokers.

Aside from AvaTrade, other notable platforms that offer low spread are shown in the table below:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Feature Minimum Deposit Avg Spreads EUR/USD
Plus500 $100 0.6 pips
XM $5 0.1 pips
HotForex $5 0.1 pips
IC Markets $0 0.1 pips
Forex.com $50 0.2 pips
Darwinex $500 0.3 pips

AvaTrade Copying Trading Alternatives

AvaTrade isn’t the only trading platform that supports copying trading. Other alternatives are listed in the table below:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Copy Trading Platform
eToro $200 Webtrader
HotForex $5 Webtrader
IC Markets $0 ZuluTrade
Naga Trader $0 Webtrader
Darwinex $500 Webtrader

Choosing an AvaTrade Alternative: Main Perks and Characteristics

The high number of AvaTrade alternatives is a delight for traders. It offers you an opportunity to choose the most appropriate trading platform. However, knowing what to look out for in a trading platform will make the selection process a lot easier.

A credible trading platform must possess these attributes:

  • It must be a market maker broker.
  • The platform must offer over 200 assets and 60 Forex pairs. Most of these assets and pairs must be available for trading as options.
  • Hedging, Scalping, and Algo-trading must be available.
  • The platform doesn’t allow your own VPS.
  • There must be room for spread betting accounts in eligible countries. The account must give users access to micro lots and assets.
  • Partnership with third parties such as Zulu Trade and Dupli Trade must give room for copy trading features.
  • The minimum deposit mustn’t exceed $100.
  • The demo account must last for 21 days with an extension option.
  • Spreads are offered as fixed on Forex from 0.9 pips.

Our AvaTrade review provides more valuable information about these attributes. Take a look at the review for more insight into trading platforms’ attractive characteristics.

What is AvaTrade Missing?

Is AvaTrade missing anything? Well, the trading platform doesn’t support or offer the services highlighted below:

AvaTrade is one of the Top 10 best Forex brokers in the world.

AvaTrade Alternative Comparison Chart

Let’s compare AvaTrade with its competitors using some of their attributes as parameters:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Feature Minimum Deposit Proprietary Platform Fixed Spreads Execution Real Assets
AvaTrade $100 Yes Yes Market Maker No
easyMarkets $100 Yes Yes Market Maker No
Plus500 $100 Yes No Market Maker No
XM $5 No No Market Maker No
Oanda $0 Yes No Market Maker No
eToro $200 Yes No STP Yes
HotForex $5 Yes No ECN/STP No
IC Markets $0 No No ECN No
Forex.com $50 Yes Yes STP/Market Maker No
Naga Trader $0 Yes No Market Maker Yes
Darwinex $500 Yes No NDD No

AvaTrade Alternatives FAQ

What is AvaTrade’s best alternative?

EasyMarkets is the best alternative to AvaTrade. Down to specific matters like an unlimited demo account we still have EasyMarkets. Following with Low spread the best are XM, HotForex, and IC Markets while for copy trading eToro takes the lead.

Is AvaTrade reliable?

AvaTrade is an award-winning broker. It is very well-respected as one of the best brokers for fixed spread trading in the world. AvaTrade is completely safe and regulated by multiple bodies globally, including ASIC, FSCA, and the Central Bank of Ireland in the EU.

These are some of the best alternatives to AvaTrade. Go through the comparison chart and check out the alternatives to help you make the right decision.

You can check these AvaTrade alternatives out and compare their features with each other. The comparison will help you make an informed decision when choosing a trading platform.


About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.


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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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