AvaTrade vs 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.
|Licenses||Ireland, Australia, Japan, South Africa, UAE, British Virgin Islands||UK, Cyprus, Australia, South Africa, Seychelles, Singapore|
|Minimum Deposit||100 US$||100 US$|
|Trading Platforms||MT4, MT5, AvaTradeGO, AvaOptions||Plus500 Platform|
|Eurusd avg Spread||0.87 pips||0.6 pips|
|Licenses Countries Info (short)|
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.
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.
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.
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.
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.
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.
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
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.
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 – 🥇Best Online Forex Trading Experience for offering high-tech access to an expanded range of the instrument and multiple platforms.
- Plus500 – 🥇 Best for CFD trading good for experienced traders looking for excellent CFD instrument range and easy to use platform.