AvaTrade vs. Fortrade

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

Pros and Cons

AvaTrade

79% of retail CFD accounts lose 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

71% of retail CFD accounts lose 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

79% of retail CFD accounts lose money

Fortrade

71% of retail CFD accounts lose money