ETFinance vs AvaTrade Broker Comparison

Are you trying to figure out which is a better broker, ETFinance or AvaTrade? 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 ETFinance and AvaTrade 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 ETFinance.

Rating
93/100
96.8/100
Min. Deposit
250$
100$
Regulated By
CySecCySec
FSCAFSCA
ASICASIC
IIROCIIROC
FSCFSC
Bonus
No Information
Up to 20%
Min. Spread
2.2
0.6
Max. Leverage
1:500
1:400
Currency Pairs
50
55
Trading Instruments
750
250+
Trading Platforms
MT4, mobile
MT4, MT5, mobile, WebTrader
Deposit Methods
Bank transfer, Visa, MasterCard, Skrill
Bank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay, WebMoney and more
Type of Brokers
Market Maker
Market Maker
Customer Support
N/A
24/5
Language Support
7
14
Established
2016, HQ in Cyprus
2006 HQ in Dublin
Used By
100,000+ Traders
200,000+ Traders

Does ETFinance or AvaTrade 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 ETFinance and AvaTrade are, we first considered the common fees on Standard Accounts. At ETFinance the average spread for the EUR/USD currency pair is 2.2 pips, whilst at AvaTrade the spread is 0.6.

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

When it comes to non-trading fees, ETFinance charges for inactivity. AvaTrade charges for inactivity. With this in mind, both brokers offer similar non-trading fees.

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

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, ETFinance or AvaTrade?

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.

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

ETFinance provides traders with 750 instruments. This includes 50 currency pairs, 33 cryptocurrencies, and 150 stocks and shares. With ETFinance, you can also trade CFDs.

In comparison, AvaTrade boasts 250+ tradable instruments. AvaTrade offers 55 currency pairs, 14 cryptocurrencies, and 617 stocks and shares. AvaTrade also allows CFD trading.

As AvaTrade has 250+ and ETFinance has 750, a difference of 500, this shows that AvaTrade offers more opportunities to diversify your trading portfolio.

Markets and Products

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

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.

ETFinance provides you with the ability to trade via 2 trading platforms, and AvaTrade has 4 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, ETFinance or AvaTrade?

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 ETFinance is the better broker for beginner traders as it offers a larger range of educational tools and materials. ETFinance 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 ETFinance and AvaTrade reviews.

ETFinance vs AvaTrade
ETFinance
93
Points
AvaTrade
96.8
Points
Overall
3 points
ETFinance
82
Points
AvaTrade
92
Points
Commissions & Fees
10 points
ETFinance
91
Points
AvaTrade
96
Points
Licensing & Safety
5 points
ETFinance
92
Points
AvaTrade
98
Points
Trading Platforms & Tools
6 points
ETFinance
88
Points
AvaTrade
88
Points
Payments
ETFinance
86
Points
AvaTrade
89
Points
Customer Service
3 points
ETFinance
99
Points
AvaTrade
95
Points
Educational
4 points
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