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  3. AvaTrade vs EXNESS – Compare brokers, review spreads, costs, commissions regulations

AvaTrade vs EXNESS

In the table above we compare FX Broker AvaTrade vs FX BrokerEXNESS .This is a very important step before starting to trade on the currency markets as by choosing the wrong broker could get you stuck or even put of trading in the currency markets.
Five major things to look out for are:

1. Compare Regulations: AvaTrade vs EXNESS
Is Broker EXNESS regulated or is Broker EXNESS regulated?
Compare AvaTrade vs EXNESS and find out who is regulated and where.
In the event AvaTrade or EXNESS goes bankrupt, the different regulators can help you recover sums up to 100,000 USD. Obviously this depends on who regulates AvaTrade, and who regulates EXNESS

2. Compare Account types: AvaTrade vs EXNESS
Every body has different needs, who is looking for an ECN forex account and who is simply looking for a market maker. Compare AvaTrade vs EXNESS in the table above and find out what type of accounts do they offer (DMA-STP, ECN-STP, STP, Market maker), what leverage they offer(between 1:100 and 1:2000), do your forex strategies require a Metatrader 4(MT4), do you need a demo account, have you downloaded an EA and would like to test it on AvaTrade’s demo account or EXNESS ‘s demo account? Do you neem direct market access or need to access AvaTrade’s API or EXNESS’s API?
What initial deposit is AvaTrade asking for and what initial deposit is EXNESS asking for?

3. Currency Pairs Offered
Do you trade the usual currency pairs or do you need a greater number of exotic currencies, compare AvaTrade vs EXNESS and see who offer more or less currency pairs.

4. Customer Service
One of the most important aspects is AvaTrade’s customer service vs EXNESS’s customer service. As if you have an issue you would like to speak or chat to someone immediately.

5. Trading Platform
The trading platform is also extremely important as you will spend a lot of time on AvaTrade’s FX trading platform or EXNESS’s currency trading platform. try different platforms top see which one you like, the most popular on the forex market is MT4 or Metatrader 4, but there are many other platforms like Metatrader4 ECN, MT5 or Currenex. Compare AvaTrade vs EXNESS and see who offers 4 digits or 5 digits pricing, which of the two allows experts advisors on the MT4.
Not to forget to compare AvaTrade’s fees vs EXNESS ‘s fees.
For those that a different style of trading, compare AvaTrade vs EXNESS to see who offers, Mirror Trader, ZuluTrade, or Signal Trader

If you would like to trade with your IOs or windows mobile platform compare AvaTrade vs EXNESS and see who offers a platform for your apple, android or tablet and where to download the app to FX trade with either AvaTrade or EXNESS

For any further questions feel free to comment below. If you would like to leave a review of AvaTrade or review EXNESS, feel free to do so too.

 

 

Product Name

AvaTrade

EXNESS

Product Image AvaTrade EXNESS
Price
Our Rating 5.0 5.0
Brand FX Brokers FX Brokers
Category Forex Broker Forex Broker

Broker

AvaTradeEXNESS
Broker Type Market maker DMA/STP
Broker Country British Virgin Islands Cyprus
Regulation FSC of BVI, Central Bank of Ireland, ASIC, FSA Japan, FFA Japan CySEC, IFSC Belize
Indipendant Broker Independent broker. Independent broker
Year in Industry 2006 2008
International Offices Japan, Ireland, France, Italy, Australia, Mongolia, China, Nigeria, Spain StVincent and Grenadines

Account

AvaTradeEXNESS
Accept US Clients Yes Yes
Mini account deposit $100 $1
Standard account deposit $100 $2000
ECN account deposit $300
Trading account currency USD Account, EUR Account, GBP Account, AUD Account, JPY Account USD Account, EUR Account, GBP Account, JPY Account, NZD Account, RUB Account, PLN Account, SEK Account, TRY Account, ZAR Account, TWD Account, SGD Account, XAG Account, XAU Account
Leverage Account 400 : 1 Standard Account 2000 : 1 Mini account
Minimal size lot 0.01 lot 0.01 lot Mini account
Leverage Mini account Mini Account, Standard Account Mini Account, Standard Account, ECN Account

Payments

AvaTradeEXNESS
Funding method Bank Wire, Credit Card, PayPal Bank Wire, Credit Card, Skrill, WebMoney, Neteller, CashU, Perfect Money, DineroMail, EXCARD, PagoEfectivo
Withdrawal method Bank Wire, Credit Card, PayPal Bank Wire, Credit Card, Skrill, WebMoney, Neteller, CashU, Perfect Money, DineroMail, EXCARD, PagoEfectivo

Costs

AvaTradeEXNESS
Commissions no no - Mini & Standard account
Costs & Spreads fixed variable
Costs/Lowest spreads on EURUSD 3 pips 0.2 pips Mini account

Trading

AvaTradeEXNESS
Premium trading Reduced spreads Spreads EURUSD from 0.1 pip
Scalping no yes
Hedging
EAs allowed yes yes

Platform

AvaTradeEXNESS
Trading platform type MT4 Desktop/Mobile/iOS/Android/, AvaTrader (ActTrader) iOS/Android/Web/Java, Mirror Trader, ZuluTrade, AvaOptions, Signal Trader MT5 Desktop/iOS/Android, MT4 (ECN), MT4 Desktop/iOS/Android
Platform time zone GMT GMT
Decimal pricing 4 digits 5 digits
Trailing stops Trailing Stoploss Trailing Stoploss
OCO orders OCO orders No OCO orders
One click One click trading One click trading
Mobile trading
Webtrading
API Solutions

Products

AvaTradeEXNESS
Currency pairs 59 fx pairs (21+ exotic) 114 fx pairs (90+ exotic)
Exotic Pairs Exotic Forex Pairs Exotic Forex Pairs
Gold Silver Gold, Silver Gold, Silver
CFD Trading CFD trading CFD trading
Other instruments Stocks, Indices, Commodities, Energies, Binary Options Energies

Other

AvaTradeEXNESS
MAM PAMM LAMM PAMM MAM
Managed Accounts Yes No
Swap free accounts Yes Yes
Segregated client accounts

Promotions and Offers

AvaTradeEXNESS
Bonuses (T&Cs apply) Yes Yes
Contests No Yes