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Exness vs AvaTrade
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Compare Exness vs AvaTrade Side by Side
Choosing between Exness vs AvaTrade to determine which Broker better suits your trading needs? We made a detailed comparison between Exness Review and AvaTrade 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
| Feature | Exness | AvaTrade |
|---|---|---|
| Website | //www.exness.com | //www.avatrade.com |
| Founded year | 2008 | 2006 |
| Headquarter | Cyprus | Ireland |
| Licenses | FCA, CMA, CySEC, SFSA, CBCS, FSC BVI, FSC Muritius, FSCA | Ireland, Australia, Japan, South Africa, UAE, British Virgin Islands, Japan, Cyprus, Israel |
| Minimum Deposit | USD$ 10 | US$ 100 |
| Trading Platforms | MT4, MT5, Exness Terminal, Exness Trading App | MT4, MT5, AvaTradeGO, WebTrader, AvaOptions, AvaSocial |
| Eurusd avg Spread | 1.2 pips | 0.87 pips |
Licenses
| Feature | Exness | AvaTrade |
|---|---|---|
| Licenses Countries Info (short) |
|
|
Both Exness vs AvaTrade are highly reputable brokers with years of experience in the forex industry, both are regulated by top-tier regulators ensuring the integrity and safety of forex trading. Exness operates under the regulation of FCA, while AvaTrade falls under the purview of the ASIC. It’s worth noting that both the FCA and ASIC are equally trusted authorities when it comes to regulatory supervision.
Additionally, these brokers maintain international subsidiaries to provide their services on a global scale, catering to traders around the world.
Broker Types
| Feature | Exness | AvaTrade |
|---|---|---|
| Broker types |
|
|
While Exness operates as a as hybrid STP and ECN Broker, offering traders a unique blend of trading options. On the other hand, AvaTrade operates as a Market Maker, a different type of brokerage model that caters to traders in a distinctive way.
Trading Conditions
| Feature | Exness | AvaTrade |
|---|---|---|
| Trading Conditions |
|
|
Exness vs AvaTrade are very similar in terms of conditions, they are both beginner-friendly brokers offering high leverage, tight spreads, automated trading, hedging, scalping, and social trading. Exness stands out with commission options, zero spreads, and robust copy trading. In contrast, AvaTrade emphasizes low spreads and fixed spread accounts, presenting competitive pricing alternatives. Both brokers support expert advisors and cater to traders with diverse preferences.
Fees & Commissions
| Fees & Commissions | Exness | AvaTrade |
|---|---|---|
| Inactivity Feemonth | $0 | 0 $ |
| Deposit fee | $0 | 0 $ |
| Withdrawal fee | $0 | 0 $ |
| Rollover fee eurusd buy 1 lot | - | -0.0058% |
| Rollover fee eurusd sell 1 lot | −0.65131 | 0.0058% |
| Avg Eurusd standard acc | 1.2 pips | 0.87 pips |
| Gold | 0.3 | 40 |
| Brent oil | 4 pips | 3 pips |
| Bitcoin | 29 | 0.75% |
Exness appears to offer more favorable trading costs in contrast to Avatrade. Exness provides spreads that are in line with industry norms, whereas AvaTrade spreads are lower. Furthermore, both brokers do not charge any commissions
Account Types
| Feature | Exness | AvaTrade |
|---|---|---|
| Account types |
|
|
Exness vs AvaTrade offer similar account types that cater to various trading preferences. Both brokers provide “Standard Accounts” for versatile trading, and they offer “Swap Free Accounts” for traders seeking interest-free trading options. However, it’s important to note that Exness does not offer an Islamic account option among its account types.
Markets & Instruments
| Markets & Instruments | Exness | AvaTrade |
|---|---|---|
| Forex | 100 | 55 |
| Indices | 10 | 23 |
| Commodities | 6 | 29 |
| Cryptocurrencies | 27 | 14 |
| Shares | ❌ | 614 |
| Bonds | ❌ | 2 |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ❌ | ❌ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | ❌ | 59 |
The range of trading instruments available from both Exness and AvaTrade is relatively restricted, making them comparable in this regard. Additionally, both brokers provide a relatively small number of assets for trading. The main difference is that AvaTrade offers additional shares, bonds, and ETFs.
Trading Platforms
| Feature | Exness | AvaTrade |
|---|---|---|
| Platforms |
|
|
Both Exness vs AvaTrade offer the same variety of trading platforms, including proprietary platforms industry-standard MetaTrader 4 and MetaTrader 5 and WebTrader.
Deposit & Withdrawal Methods
| Feature | Exness | AvaTrade |
|---|---|---|
| Payment methods |
|
|
Exness vs AvaTrade Deposit and withdrawal methods are similar with the main difference that AvaTrade offers a greater variety of e-wallets.
Others
| Feature | Exness | AvaTrade |
|---|---|---|
| Others |
|
|
The level of customer support for both Exness vs AvaTrade stays at a high level and satisfies all the traders needs when it comes to live chats, phones, emails, etc. Both Brokers offer a diverse range of educational materials, specifically tailored to the needs of novice traders
Conclusion on AvaTrade vs Exness
In conclusion of Exness vs AvaTrade comparison review, both brokers are reputable and well-regulated entities, offering a variety of account types and trading platforms. They prioritize trader education through instructional resources and webinars. Furthermore, both brokers offer robust customer support, with AvaTrade distinguishing itself with lower spreads overall and the availability of Islamic account. Here is our final recommendation:
- Exness —
Best Zero Spread Broker characterized by low spreads and a transparent pricing model. - AvaTrade – Best Online Forex Trading Experience for offering high-tech access to an expanded range of the instrument and multiple platforms.
