AvaTrade vs Plus500

AvaTrade
Plus500

Compare AvaTrade Vs Plus500 Side by Side

Selecting between AvaTrade vs Plus500 and wish to see who is better Broker for your trading strategy? We made a detailed comparison between AvaTrade Review and Plus500 Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.

Summary

FeatureAvaTradePlus500
Website//www.avatrade.com//www.plus500.com
Founded year20062008
HeadquarterIrelandIsrael
LicensesIreland, Australia, Japan, South Africa, UAE, British Virgin IslandsUK, Cyprus, Australia, South Africa, Seychelles, Singapore
Minimum Deposit100 US$100 US$
Trading PlatformsMT4, MT5, AvaTradeGO, AvaOptionsPlus500 Platform
Eurusd avg Spread0.87 pips0.6 pips

Licenses

FeatureAvaTradePlus500
Licenses Countries Info (short)
  • ASIC
  • JFSA
  • FSCA
  • FSRA
  • FSC
  • ASIC
  • CySEC
  • ISA
  • IE Singapore
  • FSCA
  • FCA
  • FSA

AvaTrade vs Plus500 Brokers are both regulated in Australia and both hold EU licenses. While both brokers also operate under other reputable jurisdictions like Japan, UK and Cyprus, making their offers really strong and available for traders all around the world. Additionally, AvaTrade and Plus500 have offshore licenses.

Broker Types

FeatureAvaTradePlus500
Broker types
  • ECN
  • STP
  • NDD
  • Market Making

AvaTrade is an ECN, STP/NDD Broker, which is better for price transparency and offering high efficiency for automated trading and a variety of strategies suitable for both retail or institutional traders, while Plus500 is a Market Maker Broker with faster in-house order execution.

Trading Conditions

FeatureAvaTradePlus500
Trading Conditions
  • beginners
  • low spread
  • copy trade
  • hedging
  • scalping
  • floating spread
  • low spread
  • tight spread

AvaTrade vs Plus500 Brokers both offer low spreads, but trading conditions offered by AvaTrade are definitely much more advanced, as they include such strategies as hedging and scalping and Plus500 is suitable for beginners, while Plus500 has much less trading possibilities to offer.

Fees & Commissions

FeatureAvaTradePlus500
Inactivity Feemonth0 $$10
Deposit fee0 $0$
Withdrawal fee0 $0$
Rollover fee eurusd buy 1 lot-0.0058%-0.0128%
Rollover fee eurusd sell 1 lot0.0058%0.003%
Avg Eurusd standard acc0.87 pips0.6 pips
Gold4029
Brent oil3 pips2 pips
Bitcoin0.75%0.35%

Both AvaTrade vs¬†Plus500 have pretty low fees,¬†including deposit and withdrawal fees with 0$ commission, however, Plus500 charges $10 inactivity fee. Both brokers offer low spreads, for example, EURUSD spreads are lower than industry’s average.¬†

Account Types

FeatureAvaTradePlus500
Account types
  • Standard Account
  • Islamic Account
  • Standard Account

Both AvaTrade vs Plus500 offer Standard Accounts. Additionally, AvaTrade has an Islamic Account to offer for traders following Sharia laws with suited conditions and applicable laws available.

Markets & Instruments

FeatureAvaTradePlus500
Forex5571
Indices2329
Commodities2922
Cryptocurrencies1414
Shares6142000+
Bonds2‚ĚĆ
Options‚ĚĆ‚úĒÔłŹ
Binary options‚ĚĆ‚ĚĆ
Spread betting‚ĚĆ‚ĚĆ
Treasuries‚ĚĆ‚ĚĆ
Futures‚ĚĆ‚ĚĆ
Etfs5995

Trading instruments offered by both AvaTrade vs Plus500 are various, but also quite similar. The number of the assets offered is also small for both brokers.

Trading Platforms

FeatureAvaTradePlus500
Platforms
  • own platform
  • MetaTrader 4
  • MetaTrader 5
  • Zulutrade
  • own platform

Both Brokers offer proprietary platforms, however, MT4 and MT5 are present in AvaTrade offer that gives and opportunity to execute the orders with its advanced chartings and tools.

Deposit & Withdrawal Methods

FeatureAvaTradePlus500
Payment methods
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill

Payment methods offered by AvaTrade vs Plus500 are very much alike. Both brokers offer bank transfers, debit/credit cards, and some popular e-wallets. Both brokers provide fast money transfers and charges no additional fees for deposits or withdrawals.

Others

FeatureAvaTradePlus500
Others
  • Webinar
  • Video Tutorial
  • telephone
  • live chat
  • 24/5 availability
  • Video Tutorial
  • live chat
  • 24/5 availability

Others

The level of customer support for both AvaTrade vs Plus500 stays at a high level and satisfies all the traders needs when it comes to live chats, phones, emails, etc. Plus500 is losing the marks here by providing a rather limited range of educational materials and no trading course in general, while AvaTrade provides advanced education tools and supporting sources. 

Conclusion on AvaTrade vs Plus500

Concluding AvaTrade vs Plus500 comparison we found both brokers reliable and trustable with solid regulation and background. Both brokers provide various trading conditions, similar fees and a good choice of trading platforms. However, AvaTrade’s copy trading option and low spreads give an advantage to its trades and to the broker itself. Here is our final recommendation:

  • AvaTrade ‚Äď ūü•áBest Online Forex Trading Experience¬†for offering high-tech access to an expanded range of the instrument and multiple platforms.
  • Plus500 ‚Äď ūü•á Best for CFD trading good for experienced traders looking for excellent CFD instrument range and easy to use platform.