AvaTrade vs FXTM Broker Comparison

Are you trying to figure out which is a better broker, AvaTrade or FXTM? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that AvaTrade is the better of the two. AvaTrade offers 250+ instruments, licenses from FSCA, ASIC, IIROC, FSC, FSA, CBI, and fair trading fees.

In the tables below, you can compare the features of AvaTrade and FXTM side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked AvaTrade higher than FXTM.

Rating
96.8/100
96.5/100
Min. Deposit
100$
10$
Regulated By
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Bonus
Up to 20%
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Min. Spread
0.6
1.2
Max. Leverage
1:400
1:2000
Currency Pairs
55
59
Trading Instruments
250+
250+
Trading Platforms
MT4, MT5, mobile, WebTrader
MT4, MT5, mobile
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Type of Brokers
Market Maker
Market Maker/ECN
Customer Support
24/5
N/A
Language Support
14
17
Established
2006 HQ in Dublin
2013
Used By
200,000+ Traders
1,800,000 Traders

Does AvaTrade or FXTM have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive AvaTrade and FXTM are, we first considered the common fees on Standard Accounts. At AvaTrade the average spread for the EUR/USD currency pair is 0.6 pips, whilst at FXTM the spread is 1.2.

This shows that AvaTrade is the better option for low-cost forex trading.

When it comes to non-trading fees, AvaTrade charges for inactivity. FXTM charges for inactivity, withdrawal. With this in mind, AvaTrade has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that FXTM is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, AvaTrade or FXTM?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

AvaTrade is regulated by FSCA, ASIC, IIROC, FSC, FSA, CBI and offers client protection. FXTM is regulated by FCA, CySec, FSCA, FSC and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that AvaTrade is the safer broker.

Broker summary

How many trading instruments are available at AvaTrade and FXTM?

AvaTrade provides traders with 250+ instruments. This includes 55 currency pairs, 14 cryptocurrencies, and 617 stocks and shares. With AvaTrade, you can also trade CFDs.

In comparison, FXTM boasts 250+ tradable instruments. FXTM offers 59 currency pairs, 4 cryptocurrencies, and 170 stocks and shares. FXTM also allows CFD trading.

As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, AvaTrade or FXTM?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

AvaTrade provides you with the ability to trade via 4 trading platforms, and FXTM has 3 trading platforms. Both brokers also offer research and trading tools, however AvaTrade has more.

Overall, our experts agree that AvaTrade boasts the better trading platform offering.

Research Tools

Which is better for beginners, AvaTrade or FXTM?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that AvaTrade is the better broker for beginner traders as it offers a larger range of educational tools and materials. AvaTrade also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that AvaTrade is the better broker in a range of key areas. You can learn more by reading our AvaTrade and FXTM reviews.

AvaTrade vs FXTM
AvaTrade
96.8
Points
FXTM
96.5
Points
Overall
0 points
AvaTrade
92
Points
FXTM
94
Points
Commissions & Fees
2 points
AvaTrade
96
Points
FXTM
92
Points
Licensing & Safety
4 points
AvaTrade
98
Points
FXTM
88
Points
Trading Platforms & Tools
10 points
AvaTrade
88
Points
FXTM
99
Points
Payments
11 points
AvaTrade
89
Points
FXTM
97
Points
Customer Service
8 points
AvaTrade
95
Points
FXTM
91
Points
Educational
4 points
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