FXOpen vs. AvaTrade

FXOpen
55%
Deposit 100 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2005
Currency Pairs (Total Forex pairs) 95
Country: UK, Australia
Regulation:
FCA (UK)
ASIC (Australia)
Trading app:
MetaTrader 4 (MT4)
Desktop Platform (Windows)
MetaTrader 5 (MT5)
Number of CFD asset classes: 5
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
AvaTrade
49%
Deposit 100 EUR/USD
Spreads 0.9 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2006
Currency Pairs (Total Forex pairs) 60
Country: Poland, Australia
Regulation:
Authorised in the European Union (EU)
ASIC (Australia)
Trading app:
Desktop Platform (Windows)
Web Platform
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

36%
FXOpen
49%
AvaTrade
Winner
If you don’t want to read the full comparison, the winner of our review is AvaTrade, which takes the lead with a rating of 49%, while FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while AvaTrade sets it at 100 EUR/USD. The entry amount is the same for both. For FXOpen, the spread is 1 EUR/USD, while for AvaTrade it is 0.9 EUR/USD. Lower spreads at AvaTrade give it the edge. FXOpen offers 95 forex pairs, while AvaTrade provides 60. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while AvaTrade has been operating since 2006. The longer tradition of FXOpen means greater experience. Unfortunately, neither of them offers this option. FXOpen is overseen by 2 regulatory bodies, while AvaTrade has 2. In terms of regulation, both are equal. FXOpen supports 3 platforms, while AvaTrade offers 3. In terms of platform count, both are on the same level.

Comprehensive Comparison: FXOpen vs AvaTrade

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: AvaTrade with an overall rating of 49%
FXOpen
Min. Deposit
100
EUR/USD Spread
1
Currency Pairs
95
Year Established
2005
AvaTrade
Min. Deposit
100
EUR/USD Spread
0.9
Currency Pairs
60
Year Established
2006

Key Strengths

FXOpen
    • Micro accounts from just 1 USD allow starting with minimal capital
    • Support for MetaTrader 4 and 5 - the standard among traders
    • Free demo accounts for practicing strategies
AvaTrade
  • Information about advantages is not available

Comparison by Categories

Trading Tools
FXOpen
100%
AvaTrade
80%
Trading Platforms
FXOpen
43%
AvaTrade
43%
Trading Costs
FXOpen
80%
AvaTrade
80%
Educational Materials
FXOpen
33%
AvaTrade
50%
Customer Support
FXOpen
100%
AvaTrade
100%
Overall Rating
FXOpen
36%
AvaTrade
49%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, AvaTrade is an ideal choice for new traders.
Best Platform
Both brokers offer excellent trading platforms with similar features and user-friendliness.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
# FXOpen AvaTrade
Currency Pairs (Total Forex pairs) 95 60
CFDs – Total Offered 110+ 722+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 75%
Winner
Cost
# FXOpen AvaTrade
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 0.9
Deposit from 100 100
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# FXOpen AvaTrade
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 43% 43%
Winner
Trading Tools
# FXOpen AvaTrade
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 100% 80%
Winner
Research
# FXOpen AvaTrade
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 33% 67%
Winner
Education
# FXOpen AvaTrade
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 50%
Winner
Forex
# FXOpen AvaTrade
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# FXOpen AvaTrade
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 0% 64%
Winner
Indicies
# FXOpen AvaTrade
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 60% 100%
Winner
Cryptocurrencies
# FXOpen AvaTrade
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 20% 60%
Winner
Regulations
# FXOpen AvaTrade
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 33%
Winner
Support
# FXOpen AvaTrade
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# FXOpen AvaTrade
Go to the full broker review FXOpen AvaTrade
Win / Loss % 36% 49%
Winner