AvaTrade vs. Fortrade

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

AvaTrade

Risk warning: 79% 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
  • Trade CFDs on all asset classes.
  • Trade through MetaTrader 4 or 5.
  • Automated trading platforms (MQL5, Zulutrade and DupliTrade).
  • Negative balance protection, whichever entity you open an account with.
  • Regulated in Europe, Australia, South Africa, the U.A.E. and elsewhere.
  • Cons
  • You cannot buy stocks or cryptocurrency (only CFDs).
  • Quarterly and annual inactivity fees.
  • 50% margin call and stop-out levels.
  • Awards
  • No. 1 Broker, 2020 - The European
  • Best Forex Broker, 2020 - The European
  • Best Forex Broker, 2019 - Daytrading.com
Fortrade

Risk warning: 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
  • Trade CFDs on all assets classes (except crypto).
  • Broad selection of CFDs on US and European stocks.
  • Regulated in 5 jurisdictions including Europe, the UK, Australia and Canada.
  • Cons
  • Offers only MetaTrader 4 and its in-house trading platform.
  • No CFDs on crypto-currencies.

Markets

Asset classesAvaTrade ▷Fortrade ▷
Forex (CFD)
Cryptos (CFD)
Stocks (CFD)
Indices (CFD)
ETFs (CFD)
Metals (CFD)
Energy (CFD)
Commodities (CFD)
Bonds (CFD)
Asset classes (#)AvaTrade ▷Fortrade ▷
Forex (CFD)5551
Cryptos (CFD)14NA
Stocks (CFD)612205
Indices (CFD)2319
ETFs (CFD)313
Metals (CFD)912
Energy (CFD)105
Commodities (CFD)73
Bonds (CFD)23

Trading platforms

Trading platformsAvaTrade ▷Fortrade ▷
MetaTrader 4
MetaTrader 5
cTraderNA
CurrenexNA
Copy trading
Mirror tradingNA
Other platformsNAFortrader
Operating systemsAvaTrade ▷Fortrade ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsAvaTrade ▷Fortrade ▷
Bank transfer
Credit card
Debit card
NETELLER
Perfect MoneyNA
POLiNA
Skrill
WebMoneyNA
Account base currenciesAvaTrade ▷Fortrade ▷
AUD - Australian DollarNA
EUR - Euro
GBP - British PoundNA
USD - U.S. Dollar

Regulators

Company informationAvaTrade ▷Fortrade ▷
Company nameAVA Trade EU LtdFortrade Ltd.
Head officeDublin, IrelandLondon, UK
Incorporation date20062013
RegulatorsAvaTrade ▷Fortrade ▷
AustraliaASIC No. 406684AFSL No. 493520
BelarusNANBRB FRN 19307581
BVICategory 1 - Sub Cat. BNA
CanadaNACIPF protection
CySECNACIF No. 385/20
IrelandCBI No. C53877NA
JapanFFAJ No.1574NA
South AfricaFSCA No. 45984NA
UAEADGM No. 190018NA
UKNAFCA No. 609970

AvaTrade

Risk warning: 79% 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.
Fortrade

Risk warning: 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.