Comparison AvaTrade vs Plus500
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares AvaTrade vs Plus500. Is AvaTrade or Plus500 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. AvaTrade has a commission fee of average 0.13%, and Plus500 has a commission fee of from 0.45%. When analyzing trading options, the commission fees of AvaTrade is spreads Vary, and that one of Plus500 is from 2 pips. For trading in Forex, the commission fee of AvaTrade is from 1.3 pips, while the commission fee of Plus500 is from 0.6 pips. When analyzing commission fees in CFD: AvaTrade provides from 0.13%, and Plus500 provides from 0.065%. 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 from 0.03% for AvaTrade and Plus500, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Bonds Trading, Forex Trading, Crypto Trading, Robo Advisor are provided to customers by AvaTrade and Stocks Trading, Options Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided by Plus500. As for platforms, AvaTrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while Plus500 offers 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 Plus500 was founded in 2008 in Israel, and it is regulated by FCA, CySEC, FSCA, FMA, MAS, ISA, ASIC. We can withdraw funds from AvaTrade with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And Plus500 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is £0. The withdrawal time for AvaTrade is 1 - 2 business days, and that one for Plus500 is 1-2 working days.
As a result, the rating of AvaTrade is 4.8 stars versus that of Plus500 of 4 stars.