Comparison AvaTrade vs Firstrade
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare AvaTrade vs Firstrade. Which of them: AvaTrade or Firstrade a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. AvaTrade has a commission fee of average 0.13%, and Firstrade has a commission fee of $0. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of Firstrade is $0. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are AvaTrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor, and Firstrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Firstrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. AvaTrade was founded in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Firstrade was founded in 1985 in United States, and it is regulated by SEC and FINRA. Withdrawal of funds from AvaTrade can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Firstrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $30 domestic US, $50 international. The time for withdrawal in AvaTrade is 1 - 2 business days, and that one in Firstrade is 2-3 business days.
As a result, the rating of AvaTrade is 4.8 stars versus that of Firstrade of 3.9 stars.