AvaTrade vs Trade Nation | We Compare Brokers
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AvaTrade vs Trade Nation | Broker Comparison

Review By: Ivan Postoian
Review Updated: 2022-05-09

So you are looking to compare forex brokers, no doubt you are looking for a forex broker comparison which will help you find who has the best forex spreads and forex leverage. We can help! We have done extensive research of the major forex brokers to bring you a set of results with customisable comparisons between brokers. Use our tool below to make a quick comparison between two forex brokers to see who has what rates and fees. Over on the right of the screen, you will see two drop-down fields. Select the brokers you want to compare. See our full list of broker comparisons here.

AVATRADE Broker Review
4.2
Rating

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Pros
  • An experienced broker with offices in 11 countries and complies with seven regulatory agencies
  • Over 1,000+ tradable instruments in portfolio
  • MT4 and proprietary trading platforms
  • Excellent award-winning training materials and a YouTube channel for beginners

 

Cons
  • Professional spreads are competitive, but retail spreads could be better
  • Inactivity fees apply
  • Research could be improved

 

 

3.8
Rating
Pros
  • Easy to understand spread prices
  • No minimum deposits
  • In-depth FAQ section to help new traders
  • Excellent customer support
Cons
  •  UK traders can’t use the rewards programme due to regulation
Feature
AvaTrade
Trade Nation
Minimum deposit:
$100/€100/£100
None
Withdrawal fee amount:
$0 - except for intermediary payment processor fees
None
Inactivity fee charged (Y/N):
Y
N
Max leverage:
Varies by region
30:1 (UK & AUS) or 200:1 (SA & Bahamas)
Spread from:
Competitive on Professional level, average for basic account
0.14
Number of instruments:
Up to 1,000
1,000+
Year founded:
2006
2014
Time to open account:
1-2 business days
1-2 business days
Demo account provided (Y/N):
Y
Y
Countries of regulation:
EEA (Bank of Ireland, CySEC), Australia, Japan, Poland, South Africa, Abu Dhabi, and Israel
UK, Australia, Bahamas, South Africa
Products offered:
Spot Forex, Forex options, CFDs, Bonds, ETFs, Commodities, Indices, Stocks, and Cryptocurrencies
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