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AvaTrade vs Interactive Brokers: Comparison and Analysis

Trying to figure out whether to use AvaTrade or Interactive Brokers? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of AvaTrade and Interactive Brokers side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
76% of retail investor accounts lose money
AvaTrade review
Open Account
74-89% of retail CFD accounts lose money
Interactive Brokers review

Overall Ratings


Rated
92
Rated
79

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • AvaTrade
  • Interactive Brokers

Security 94
Security 95

Cost 78
Cost 67

Trading 100
Trading 71

Education 85
Education 75

Company Info


Foundation
2006
1978
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur
en, chi(t/s), de, es, fr, ru, it, jpn

Leverage


Non-EU Leverage ?
400:1
0
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
0
US Leverage ?
0
0
Canadian Leverage ?
400:1
50:1

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
119731
SimilarWeb - Total Visits
464620
Facebook Likes
103098
Twitter Likes
9813
Instagram Likes
5290

Deposit and Withdrawal


Minimum Deposit ?
100 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
WebMoney
Check, Bpay
Deposit Waiting Time ?
instant
1 business day
Withdraw Waiting Time ?
1 business day
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
AUD, EUR, GBP, USD, ZAR, JPY
AUD, EUR, GBP, USD, CAD, CHF, CNY, CZK, HKD, HUF, JPY, MXN, NOK, NZD, RUB, SEK, SGD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.03
Natural Gas ?
0.002
Silver ?
0.029
Platinum ?
1.10
Copper ?
0.005
Soybeans ?
0.25
Corn ?
1.0
Gold ?
0.34

Forex Fixed Spreads


EUR/GBP Spread
1.5
EUR/USD Spread
0.9
USD/JPY Spread
1.5
GBP/USD Spread
2.0
USD/CHF Spread
2.0
AUD/USD Spread
2.2
USD/CAD Spread
2.0
NZD/USD Spread
1.8

Forex Variable Spreads


EUR/USD Average Spread
0.2
USD/JPY Average Spread
0.2
USD/CHF Average Spread
0.2
GBP/USD Average Spread
0.2
USD/CAD Average Spread
0.2
AUD/USD Average Spread
0.2
NZD/USD Average Spread
0.2
EUR/GBP Average Spread
0.2

Fees on Stocks


Apple
1.0
Facebook
1.0
Alphabet
1.0
Snapchat
1.0
BP
4.0
Tesco
4.0
Barclays
4.0
Lloyds
4.0

Fees on Indices


FTSE100
0.50
S&P500
0.25
Dow Jones
3.0
Nasdaq
1.0
CAC40
1.0
DAX30
1.5
Nikkei 225
10.0
Euro Stoxx 50
1.0

Fees on Cryptocurrencies


Bitcoin
1
0
Ethereum
0.60%
0
Ripple
0.95%
0
Litecoin
0.60%
0
Bitcoin Cash
0.80%
0
Dash
2.00%
0
Monero
0
0
Neo
2.00%
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, fr, heb, it
en, chi(t/s), de, es, fr, ru, it, jpn
Watchlist Mobile ?

Available Markets


Forex Pairs ?
60
23
Crypto ?
20
23
Commodities ?
16
10
Stocks ?
100
5000
Indices ?
20
ETF ?
5
50
Futures ?
10
Options ?
44
10
Bonds ?
2
38000
Metal ?
4
Agricultural ?
8
5
Energies ?
4
5
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
ETF, Stocks

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
0.001 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
51
Number Chart Drawing Tools ?
31
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur
en, chi(t/s), de, es, fr, ru, it, jpn

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

AvaTrade vs Interactive Brokers: Which Broker is the Best for You?

When it comes to trading, choosing the right broker is crucial. In this comparison, we will examine AvaTrade and Interactive Brokers, two popular brokers in the market. Here’s a side-by-side comparison to help you decide which broker is best suited for you.

Security

Both AvaTrade and Interactive Brokers have strong security measures in place, with regulations from multiple global regulatory bodies. However, Interactive Brokers has a slightly higher security rating of 95 compared to AvaTrade’s 94.

Demo Account

AvaTrade offers a demo account that lasts for 21 days with virtual funds of $10,000, which can be restored by contacting customer support. In contrast, Interactive Brokers offers an unlimited demo account with virtual funds of $1,000,000, which can also be restored by contacting customer support.

Account Opening

AvaTrade has a minimum deposit requirement of $100 and offers several account options, including Standard, Spread Betting, Islamic, and Professional accounts. It also accepts a wide range of payment methods, including wire transfers, credit/debit cards, and eWallets. Interactive Brokers, on the other hand, has no minimum deposit requirement, but it requires a minimum of $2000 to trade with margin. It also offers Standard, Margin, Cash, and Professional accounts and accepts several payment methods, including wire transfers, credit/debit cards, and local payment methods like EFT in Canada and BPAY in Australia. Additionally, Interactive Brokers offers a wide range of base currencies to help traders avoid currency conversion fees.

Social-Copy Trading

AvaTrade offers copy-social trading through third-party platforms ZuluTrade and DupliTrade, as well as through its proprietary platform, AvaSocial. However, Interactive Brokers does not offer copy-social trading.

Markets

AvaTrade offers a diverse range of markets, including Forex, Commodities, Indices, Crypto assets, Stocks, ETFs, Futures, and Options, all of which can be traded as CFDs. On the other hand, Interactive Brokers offers Forex, Commodities, Crypto assets, Stocks, ETFs, Futures, and Options, which can be traded as CFDs or as real assets. Interactive Brokers does not offer trading on indices.

Trading Fees

AvaTrade’s spreads are fixed, with spreads starting from 0.9 pips on Forex, which is higher than the market average. In contrast, Interactive Brokers’ spreads are variable, with spreads starting from 0.1 pips on Forex, which is lower than the market average. Interactive Brokers charges commissions per lot traded, up to $7 per lot, while stock commissions are very low, with financing rates starting from 0.75% and no commissions on stocks and ETFs with the IBKR Lite Plan. With the IBKR Pro Plan, commissions start from $0.0005 per share or ETF.

Platforms

Both AvaTrade and Interactive Brokers offer a range of trading platforms, including proprietary platforms available on desktop, web, and mobile. AvaTrade also offers the AvaTradeGo mobile app, AvaOptions for option trading, and MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Interactive Brokers also offers VPS services, FIX API, and TWS API integration, making it a good choice for algo trading.

Education/Customer Care

AvaTrade has a strong offering of education materials, with a focus on beginner traders, as well as in-depth webinars for professional traders. It also has customer support available in over 25 languages via phone, email, and live chat. Interactive Brokers offers a wide range of educational materials for both beginners and advanced traders, including tutorial videos, the IBKR blog, and Trader’s Academy. It also has customer support available in eight languages via email, telephone, and live chat.

Conclusion

In conclusion, both AvaTrade and Interactive Brokers are strong brokers with various strengths and weaknesses. AvaTrade offers a diverse range of markets and social-copy trading, while Interactive Brokers offers lower spreads and a wider range of trading assets. Choosing the right broker depends on your trading preferences, experience, and needs. Therefore, it is recommended to assess your trading needs and preferences before choosing the right broker.

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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2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
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