Comparison AvaTrade vs Interactive Brokers
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs Interactive Brokers. Is AvaTrade or Interactive Brokers 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 Interactive Brokers has a commission fee of $0.005. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of Interactive Brokers is $0 + $0.70 per contract. For trading in Forex, the commission fee of AvaTrade is from 1.3 pips, while the commission fee of Interactive Brokers is 0.20 basis points. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.4pips and 0.15 basis points for AvaTrade and Interactive Brokers, respectively. 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 Interactive Brokers provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Interactive Brokers offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. AvaTrade was established in 2006 in Ireland, and it is regulated by Central Bank of Ireland. And Interactive Brokers was established in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Interactive Brokers provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0. The time for withdrawal in AvaTrade is 1 - 2 business days, and that one in Interactive Brokers is 3-5 days.
As a result, the rating of AvaTrade is 4.8 stars versus that of Interactive Brokers of 4.1 stars.
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