AvaTrade vs. EagleFX

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
EagleFX

  • Pros
  • Open an account immediately with no identity checks.
  • Supports all Expert Advisors and trading styles.
  • No fees on deposits or withdrawals.
  • Leverage up to 1:500.
  • Cons
  • You cannot buy shares or crypto-currency (only CFDs).
  • Only supports MetaTrader 4.
  • Only regulated in The Commonwealth of Dominica.
  • Awards
  • Best ECN/STP Broker, 2020
  • Best Forex Broker, 2020

Trading platforms

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

Account funding

Deposits and withdrawalsAvaTrade ▷EagleFX ▷
Bank transfer
Credit card
Debit card
BitcoinNA
NETELLERNA
Perfect MoneyNA
POLiNA
SkrillNA
WebMoneyNA
Account base currenciesAvaTrade ▷EagleFX ▷
AUD - Australian DollarNA
BTC - BitcoinNA
EUR - Euro
GBP - British Pound
USD - U.S. Dollar

Regulators

Company informationAvaTrade ▷EagleFX ▷
Company nameAVA Trade EU LtdEagleFX Ltd
Head officeDublin, IrelandCommonwealth of Dominica
Incorporation date2006NA
RegulatorsAvaTrade ▷EagleFX ▷
AustraliaASIC No. 406684NA
BVICategory 1 - Sub Cat. BNA
IrelandCBI No. C53877NA
JapanFFAJ No.1574NA
South AfricaFSCA No. 45984NA
UAEADGM No. 190018NA

AvaTrade

79% of retail CFD accounts lose money