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- 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 |
AvaTradeEXNESS |
Product Image |
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Price | |
Our Rating | |
Brand | FX Brokers FX Brokers |
Category | Forex Broker Forex Broker |
Broker
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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
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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
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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
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Commissions | no no - Mini & Standard account |
Costs & Spreads | fixed variable |
Costs/Lowest spreads on EURUSD | 3 pips 0.2 pips Mini account |
Trading
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Premium trading | Reduced spreads Spreads EURUSD from 0.1 pip |
Scalping | no yes |
Hedging | |
EAs allowed | yes yes |
Platform
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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
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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
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MAM PAMM LAMM | PAMM MAM |
Managed Accounts | Yes No |
Swap free accounts | Yes Yes |
Segregated client accounts |
Promotions and Offers
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Bonuses (T&Cs apply) | Yes Yes |
Contests | No Yes |