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Do you want to know which is the better broker between Forex Club and AvaTrade ?
In the table below, you can compare the features of Forex Club , AvaTrade side by side to determine the best fit for your needs.
EURUSD:1.3
--
EURUSD:7.53
--
EURUSD: -8.24 ~ 0
XAUUSD: -42.34 ~ 13.01
EURUSD:-0.2
EURUSD:2.6
EURUSD:8.3
XAUUSD:15.46
EURUSD: -2.53 ~ 0.34
XAUUSD: -5.67 ~ 2.72
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of forexclub, ava-trade lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Aspect | Information |
Registered Country/Area | Saint Vincent and the Grenadines |
Founded Year | Not specified |
Company Name | Forex Club |
Regulation | NBRB |
Minimum Deposit | $10 |
Spreads | Starting from 0 pips |
Trading Platforms | Forex Club Terminal, MetaTrader4, MetaTrader5 |
Tradable Assets | Stock, foreign exchange, precious metals, indices, agricultural products, crude oil, natural gas, ETFs, cryptocurrencies, and more |
Account Types | Not specified |
Demo Account | Available |
Customer Support | Limited to email support |
Payment Methods | Bank transfers, VISA, JCB, Alipay, WeChat Pay, Skrill |
Educational Tools | live online, Training Courses, and Daily Faculty Information |
Forex Club is a regulated online forex broker based in Saint Vincent and the Grenadines. The company is licensed and regulated by the National Bank of the Republic of Belarus (NBRB), providing a level of credibility and trustworthiness. Forex Club offers a diverse range of market instruments, including forex, commodities, indices, and cryptocurrencies, and has a low minimum deposit requirement of $10. The broker supports multiple trading platforms, including their proprietary Forex Club Terminal, MetaTrader4, and MetaTrader5. They also offer a demo account for traders to practice and familiarize themselves with the platform. However, Forex Club has some disadvantages, such as limited customer support only through email, a lack of comprehensive educational resources, and a lack of information on specific account types. Overall, while Forex Club provides decent offerings, there are more comprehensive options available in the market.
Forex Club is a regulated online forex broker operating in Belarus. The company is licensed and regulated by the National Bank of the Republic of Belarus (NBRB). Its license number is 192580558. The NBRB is the regulatory agency responsible for overseeing financial institutions and ensuring compliance with regulations in Belarus. As a regulated broker, Forex Club is required to adhere to strict guidelines and standards set by the NBRB to provide a safe and secure trading environment for its clients. Traders can have confidence in the integrity and reliability of Forex Club's operations, knowing that the broker operates under the supervision of a reputable regulatory authority.
Pros and Cons
Forex Club has a diverse range of market instruments, providing traders with multiple options to choose from. Additionally, the broker offers a selection of trading platforms, giving users the flexibility to trade on their preferred interface. One advantage is that Forex Club operates under the regulation of NBRB, which ensures a level of trust and security for traders. Moreover, the low minimum deposit requirement of $10 makes it accessible for individuals with smaller capital to enter the market. To assist traders in honing their skills, Forex Club provides a demo account where they can practice and familiarize themselves with the platform. On a positive note, Forex Club offers commission-free investments in real stocks, allowing traders to save on trading fees. Additionally, the broker supports various deposit methods, providing convenience and flexibility for clients to fund their trading accounts.
However, it is important to note some drawbacks. Customer support is limited to email, which may cause delays in resolving issues and addressing concerns. Moreover, the educational resources provided by Forex Club are relatively limited, which may be a disadvantage for traders seeking in-depth learning materials and educational tools. Another drawback is the lack of information on specific account types, which may leave traders uncertain about the options available to them.
Pros | Cons |
Diverse range of Market Instruments | Customer support is limited to email |
Regulated by NBRB | Limited educational resources |
A low minimum deposit of $10 | Lack of information of account types |
Demo Account available | |
Offers commission-free investments in real stocks | |
Multiple Trading Platforms | |
Various deposit methods |
Forex Club provides you with the most popular trading products on the market, including Stock, foreign exchange, precious metal, index, agricultural products, Crude oil and natural gas, and ETF Online Trading.
Forex
Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.
Commodities
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.
Indices
Equity, or stock indices, are actual stock market indexes which measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.
Precious metals
The trading of gold and other precious metals, along with crude oil, copper, or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.
Energy
The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.
Forex Club has a minimum deposit requirement of only $10. This minimum deposit amount was equivalent to ZAR 160 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing. Forex Club allows traders to fund their accounts via several different methods.
Forex Club offers demo accounts with €50,000 in virtual money, accessible through web and mobile apps. When registering for a demo account, users also sign up for a real account, but they need to make a deposit to access it. Switching between demo mode and real mode on the Forex Club website or app is simple, enabling users to capitalize on quickly changing market conditions.
To open an account with Forex Club, please follow these steps:
1. Visit the official website of Forex Club, which is https://fc-official.com/.
2. On the homepage, locate and click on the “Open an Account” or “Register” button. This will typically be displayed prominently on the website.
3. You will be redirected to the account registration page. Here, you will need to provide your personal information, such as your full name, email address, phone number, and country of residence. Ensure that all the information you provide is accurate and up to date.
4. Next, you will be prompted to choose the type of trading account you wish to open. Forex Club may offer different account types.
5. Once you have chosen your account type, you will need to agree to the terms and conditions of Forex Club.
6. Once your account has been successfully registered and verified, you will receive login credentials, including a username and password.
7. Log in to your Forex Club account using the provided credentials.
8. After logging in and setting up the trading platform, you can fund your account by choosing from the available payment methods provided by Forex Club.
Forex Club offers competitive spreads starting from 0 pips. Instead of charging spreads, the broker has opted to charge commissions on trades. Traders should carefully review the terms and conditions to understand the commission percentages and factors that may influence these changes.
Joining Forex Club is free, and there are no monthly trading fees. The only fees associated with trading are the commissions mentioned earlier. However, it's important to note that when trading financial instruments like forex, there may be additional charges such as overnight fees or swap fees when positions are held for longer than one trading day. Traders should be aware of these potential fees and factor them into their trading strategy.
Forex Club offers three trading platforms, its proprietary Forex Club terminal, as well as popular and well-known trading platforms on the market, including Meta Trader 4 and Meta Trader 5.
Forex Club terminal can easily invest and make money anywhere in the world, and quickly withdraw profits online.
Meta Trader 4 is considered the most popular trading platform in the world. Whether you are an experienced trader or want to maximize your trading profits, this platform is the best platform for you to trade.
Meta Trader 5 is the latest version of the most popular forex trading software. In the new version of the MT5 terminal, in addition to traditional foreign exchange currency pair transactions, you can also trade stocks, indices, crude oil & natural gas, agricultural products, digital cryptocurrencies, ETFs, and metals.
Forex Club offers traders various deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account. Most deposit methods are processed instantly except for bank transfers that can take several hours on occasion. Traders must ensure that they verify whether their financial institution charges its own fees. Deposit into/Withdrawal from the Forex Club can be done in the following ways: Bank transfers, VISA, JCB, Alipay, Wechat pay, or Skrill.
The team at Forex Club strives tirelessly to ensure that traders have access to all the necessary information to effectively navigate and utilize their platform, thus maximizing their benefits. In the event that traders encounter any queries or concerns, they can always reach out to the dedicated customer support team. Simply send an email to support-china@fxclub.org, and rest assured that a response will be provided within one working day. It is important to note, however, that the customer support services offered by Forex Club are solely limited to email correspondence.
Forex Club provides a range of educational resources, including three types: live online sessions, training courses, and daily faculty information. These resources are designed to offer valuable insights and knowledge to traders. The training courses are developed and regularly updated to align with the current market realities, ensuring that traders receive the most relevant information. The Investment Academy's faculty and experts actively share their experiences and expertise through these courses, providing valuable guidance to traders.
Forex Club is a regulated forex broker based in Saint Vincent and the Grenadines. It is licensed and regulated by the National Bank of the Republic of Belarus (NBRB). It offers a diverse range of market instruments, including forex, commodities, indices, and cryptocurrencies, with a low minimum deposit requirement of $10. It supports multiple trading platforms, and provides a demo account for practice. However, Forex Club has limited customer support through email, lacks comprehensive educational resources, and provides little information on specific account types. The in-house trading platform may not match the standards of some competitors.
Q: Is Forex Club a legitimate broker or a scam?
A: Forex Club is a regulated online forex broker authorized by the National Bank of the Republic of Belarus (NBRB).
Q: What is the minimum deposit requirement for Forex Club?
A: Forex Club has a minimum deposit requirement of only $10.
Q: Does Forex Club provide a demo account?
A: Yes, Forex Club offers demo accounts with €50,000 in virtual money.
Q: What trading platforms does Forex Club offer?
A: Forex Club provides three trading platforms: their proprietary Forex Club terminal, MetaTrader4 (MT4), and MetaTrader5 (MT5).
Q: What are the deposit and withdrawal methods available at Forex Club?
A: Forex Club offers various deposit methods, including bank transfers, VISA, JCB, Alipay, Wechat pay, and Skrill.
Q: How can I contact customer support at Forex Club?
A: Forex Club offers customer support via email: support-china@fxclub.org.
Q: Is this broker well regulated?
A: Yes, it is currently effectively regulated by NBRB.
AvaTrade | Basic Information |
Founded | 2006 |
Headquarters | Dublin, Ireland |
Regulation | ASIC, CBI, FSA, FSCA, FSC, CBI, FFAJ |
Type of Broker | Market Maker |
Minimum Deposit | $100 |
Tradable Assets | Forex, CFDs, Stocks, Indices, Commodities, Cryptocurrencies |
Leverage | 1:30 (for retail clients), 1:400 (for professional accounts) |
Min. Spreads | 0.9 pips on the EUR/USD pair |
Trading Platforms | AvaTradeGO, MT4, MT5, WebTrader, AvaOptions, DupliTrade |
Mobile Trading | Yes |
Payment Methods | Credit/Debit Card, Bank Transfer, E-wallets, Rapid Transfer |
Customer Support | Live Chat, Phone, Email, Knowledge Base |
Educational Material | Webinars, E-books, Trading Videos, Articles, Academy |
Avatrade is an online forex and CFD broker that was established in 2006. The company is headquartered in Dublin, Ireland, and is regulated by several financial authorities around the world, including ASIC, CBI, FSA, FSCA, FSC, CBI, FFAJ.
As a market maker broker, Avatrade offers a range of tradable assets including forex, CFDs, stocks, indices, commodities, and cryptocurrencies. The broker provides clients with access to multiple trading platforms, including AvaTradeGO, MT4, MT5, WebTrader, AvaOptions, and DupliTrade. Mobile trading is also available.
Avatrade requires a minimum deposit of $100 to open an account, and clients can choose from a variety of payment methods including credit/debit card, bank transfer, e-wallets, and Rapid Transfer.
Customer support is available via live chat, phone, email, and a knowledge base. The broker also provides a range of educational resources for traders, including webinars, e-books, trading videos, and articles.
Avatrade is regulated by multiple financial regulatory authorities, including the Central Bank of Ireland, the Australian Securities and Investments Commission (ASIC), the Financial Services Commission (FSC) of the British Virgin Islands, and the Financial Services Authority (FSA) and The Financial Futures Association of Japan (FFAJ). These regulatory bodies ensure that Avatrade operates with transparency, integrity, and in compliance with regulatory requirements.
Ava Capital Markets Australia Pty Ltd - authorized by ASIC (Australia) registration no. 406684
AVA Trade EU Ltd - authorized by Central Bank of Ireland (CBI)
Ava Capital Markets Pty Ltd - authorized by FSCA (South Africa) registration no. 45984
Ava Trade Japan K.K. - authorized by FSA (Japan) registration no. 2010401081157 and FFAJ registration no. 1574
Ava Trade Middle East Ltd - authorized by FRSA (Abu Dhabi Global Markets) registration no. 190018
AVA Trade EU Limited - authorized by the Financial Conduct Authority (FCA), holding a license of European Authorized Representative (EEA), registration no. 504072
When it comes to choosing a broker, it's important to carefully consider the pros and cons to determine which one is right for you. Some potential advantages of a broker may include competitive fees and spreads, a user-friendly platform, and a wide range of deposit and withdrawal options. Additionally, a regulated broker can provide peace of mind knowing that your funds are protected.
However, there may also be potential downsides to consider, such as limited trading instruments, customer support options, and research tools. A high minimum deposit requirement and limited bonus offers may also be a drawback for some traders.
Pros | Cons |
Regulated by reputable financial authorities | Avatrade's minimum deposit requirements are relatively high compared to other brokers, which may make it difficult for some traders to get started. |
Competitive spreads and fees | Limited bonus and promotional offers |
Multiple trading platforms | No online chat supported |
Wide range of deposit and withdrawal options | Limited trading instruments |
Acceptable minimum deposit | Limited customer support options |
Rich and Free educational resources | |
Access to advanced trading tools and features | |
Low to no slippage during high volatility | |
Automated trading allowed |
Avatrade offers a wide range of trading instruments across various markets, including forex, stocks, commodities, cryptocurrencies, spread betting, FX OPtions. Here's a breakdown of the market instruments available:
Forex: Avatrade offers more than 50 currency pairs, including major, minor, and exotic pairs.
Stocks: Traders can trade stocks from major global exchanges, such as NASDAQ, NYSE, LSE, and more.
Commodities: Avatrade offers trading in precious metals like gold and silver, energy commodities like oil and gas, and agricultural commodities like wheat and coffee.
Cryptocurrencies: This broker offers trading in popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin, as well as lesser-known coins like Dash, Monero, and NEO.
Indices: Avatrade provides access to major indices, including the S&P 500, NASDAQ, FTSE 100, and more.
FX options allow traders to take advantage of currency movements while limiting their risk. With FX options, traders can set a specific strike price at which they want to buy or sell a currency pair, and the option will be exercised only if the market reaches that price. This allows traders to potentially profit from market movements while limiting their potential losses.
Spread betting is a tax-free way to speculate on the direction of various financial markets, including forex, commodities, and indices. With spread betting, traders can bet on whether the market will rise or fall and potentially profit from both upward and downward movements.
Pros | Cons |
Wide range of instruments including forex, stocks, commodities, and cryptocurrencies | No trading in futures or options |
Trading available in CFDs, spread betting, and options | Spread betting only available for UK and Irish residents |
Access to FX options for forex traders | Limited leverage on certain instruments |
Competitive spreads on major forex pairs | Overnight fees on positions held past market hours |
No commission fees on trades | Limited availability of certain instruments during non-market hours |
When it comes to account types, Avatrade only offers a standard account. This means that all clients will have access to the same features and trading conditions, regardless of the size of their deposit.
The standard account provides access to all of Avatrade's trading instruments, including forex, stocks, commodities, and cryptocurrencies. This means that traders can diversify their portfolio and take advantage of different market conditions, all within the same account.
Avatrade has a minimum deposit requirement of $100, which is relatively low compared to other brokers in the industry. For example, brokers like IG and Saxo Bank have a minimum deposit requirement of $300 and $10,000, respectively. However, there are other brokers that have a lower minimum deposit requirement than Avatrade. For instance, Pepperstone and XM have a minimum deposit requirement of $0 and $5, respectively.
Pros | Cons |
Low minimum deposit requirement of $100 | Only offers one account type (Standard Account) |
Negative balance protection for all accounts | Limited account funding options |
Wide range of payment methods available | Inactivity fee charged after 12 months of no trading |
No commission charges on trades | Limited customization options for account settings |
Access to a wide range of trading instruments | No Islamic accounts available for Muslim traders |
Dedicated account manager for high depositors | Limited educational resources for beginner traders |
Demo Accounts Available | Demo accounts valid for 21 days only |
Avatrade offers demo accounts for traders who want to practice their trading skills or test out the trading platform without risking real money. The demo account allows traders to access the full range of trading instruments and features on the Avatrade platform using virtual funds. It is a useful tool for new traders to get familiar with the platform and for experienced traders to test new strategies before using them in live trading. The demo account is available for 21 days and can be renewed upon request.
When it comes to the process of opening an account with Avatrade, rest assured that it is one of the most streamlined and user-friendly experiences out there. Not only is the process simple and straightforward, but it is also designed to ensure that new traders can start their journey with ease.
First, you need to visit the Avatrade website and click on the “Register” button, which is prominently displayed on the homepage.
Then, you will then be taken to a registration form where you will need to provide your personal information, such as your name, email address, and phone number. You will also need to create a password and select your account currency.
After filling out the registration form, you will need to verify your identity by submitting a copy of your government-issued ID and a recent utility bill or bank statement. This is a standard requirement for all regulated brokers and is done to ensure the security and integrity of the trading platform.
Once your account is verified, you can fund your account using one of the many payment options available, such as credit/debit card, bank transfer, or electronic wallets like Neteller or Skrill. After funding your account, you can download the Avatrade trading platform or use the web-based version to start trading.
Avatrade offers leverage of up to 1:400 for forex trading and up to 1:200 for other instruments such as commodities and indices. This means that traders can control a larger position with a smaller amount of capital. However, it's important to keep in mind that leverage can magnify both profits and losses, and traders should use it responsibly and with caution.
Avatrade also offers a range of leverage options for different account types, including 1:30 for retail clients in compliance with ESMA regulations and 1:400 for professional clients. It's important to note that professional clients must meet certain criteria to qualify for higher leverage.
Overall, Avatrade's leverage offerings are competitive with other brokers in the industry and can provide traders with greater trading opportunities. However, traders should always consider their risk management strategies and use leverage responsibly.
Avatrade offers competitive spreads and charges no commission fees for trading on its platform. The spreads offered by Avatrade vary depending on the trading instrument and market conditions. For example, the typical spread for EUR/USD is 0.9 pips, while for GBP/USD, it is 1.5 pips. Spreads for other instruments, such as indices and commodities, also vary.
However, it's important to note that spreads can vary depending on market conditions and volatility. Additionally, Avatrade charges commissions on certain trading instruments such as CFDs, which can impact the overall cost of trading. Traders should compare the spreads and commission rates of Avatrade with other brokers to determine if it meets their trading needs and preferences.
Pros | Cons |
Competitive spreads on major currency pairs such as EUR/USD | Wide spreads on some exotic currency pairs |
Fixed spreads available on certain account types | Higher spreads on CFDs compared to some other brokers |
No commission fees charged on trades | Overnight and weekend rollover fees charged on positions held for more than 1 day |
No deposit or withdrawal fees | Inactivity fee charged after 12 months of no trading activity |
No hidden fees | Minimum deposit of $100 may be considered high for some traders |
Non-trading fees are the fees that a broker charges for activities other than trading, such as deposit and withdrawal fees, inactivity fees, and account closure fees. These fees can significantly impact the profitability of a trader, and it's important to be aware of them when choosing a broker.
Avatrade has several non-trading fees that traders should be aware of. Here's a breakdown of the fees:
Fee type | Amount | Description |
Deposit fee | Free | Avatrade does not charge any fees for deposits. |
Withdrawal fee | $25-$50 | The withdrawal fee depends on the payment method used. |
Inactivity fee | $50 per quarter | Charged if there is no trading activity for three months. |
Account closure fee | Free | Avatrade does not charge a fee for closing an account. |
Overall, Avatrade's non-trading fees are reasonable compared to other brokers in the industry. The deposit fee is free, which is a significant advantage, but the withdrawal fee can be relatively high, depending on the payment method used. The inactivity fee is also something to keep in mind, as it can add up quickly if there is no trading activity. However, it's important to note that the inactivity fee is only charged after 12 months of inactivity, which is longer than some other brokers.
Avatrade offers a selection of trading platforms that are designed to meet the needs of different types of traders. Here are some of the trading platforms offered by Avatrade:
AvatradeGO: This is a mobile app that is available on both iOS and Android platforms. It allows traders to access their accounts and trade on the go.
MT4: Avatrade offers the popular MetaTrader 4 (MT4) platform, which is widely used by traders around the world. MT4 is known for its user-friendly interface, advanced charting tools, and a range of custom indicators and expert advisors.
MT5: Avatrade also offers the MetaTrader 5 (MT5) platform, which is the successor to MT4. MT5 has several new features, including more advanced charting tools, a wider range of order types, and improved back-testing capabilities.
WebTrader: Avatrade's WebTrader platform allows traders to access their accounts and trade directly from their web browser. The platform is easy to use and offers a range of trading tools and indicators.
AvaOptions: This is Avatrade's platform for trading options. It offers a range of options trading tools, including risk management tools, and a range of customizable trading strategies.
Avatrade offers a variety of deposit and withdrawal options to its clients. The methods available may vary depending on the client's location and the currency used.
Deposit options include bank wire transfer, credit/debit card, Neteller, Skrill, WebMoney, and others. The processing time for deposits is usually instant or up to one business day.
Withdrawal options include bank wire transfer, credit/debit card, Neteller, Skrill, WebMoney, and others. Withdrawals usually take 1-2 business days to process.
Avatrade does not charge any deposit or withdrawal fees, but clients may incur fees from their payment provider or bank.
To withdraw funds from your Avatrade account, you need to follow these steps:
Log in to your Avatrade account.
Click on the “Withdraw Funds” tab located in the main menu.
Choose your preferred withdrawal method from the list of available options, such as bank wire, credit card, or electronic payment systems like Skrill or Neteller.
Enter the amount you want to withdraw and any necessary payment details.
Review and confirm the transaction details.
Submit your withdrawal request.
It's important to note that Avatrade requires you to withdraw funds using the same payment method that you used to deposit funds into your account. The processing time for withdrawals varies depending on the payment method, but Avatrade strives to process all withdrawal requests within 24 hours.
Avatrade offers customer support through multiple channels, including live chat, phone support, email, and an online contact form. They have customer support available in multiple languages, including English, Spanish, French, German, Italian, Portuguese, Arabic, and Chinese.
Their customer support team is available 24/5, meaning that they are available Monday through Friday to help with any questions or concerns that traders may have. They also have a comprehensive FAQ section on their website, which covers a wide range of topics related to the platform and trading.
Avatrade's customer support has received positive reviews for their responsiveness and helpfulness. They also offer free educational resources to help traders improve their skills and knowledge.
Avatrade offers a variety of educational resources to help traders improve their skills and knowledge. They have a comprehensive educational section on their website that includes a range of materials such as e-books, video tutorials, webinars, and trading courses.
The e-books cover a range of topics, from basic trading concepts to advanced strategies. The video tutorials are easy to follow and cover a variety of topics, including trading platforms, technical analysis, and risk management.
Avatrade also offers webinars that are conducted by experienced traders and cover a variety of topics. These webinars are interactive, allowing participants to ask questions and receive feedback from the presenter. Additionally, they offer a range of trading courses for beginners, intermediate and advanced traders.
Conclusion
Avatrade is a well-established broker with a long history of providing trading services to traders worldwide. They offer a variety of trading instruments, including forex, commodities, and cryptocurrencies, with competitive spreads and leverage options. Their trading platform is user-friendly and provides a range of advanced tools and features for traders of all skill levels. Additionally, they provide excellent customer support, educational resources, and a demo account for traders to practice their strategies. However, there are some downsides to consider, such as higher non-trading fees and limited account options.
Q: Is Avatrade regulated?
A: Yes, Avatrade is regulated by multiple reputable authorities, including the Central Bank of Ireland, the Financial Services Commission in the British Virgin Islands, and the Australian Securities and Investments Commission.
Q: Does Avatrade offer a demo account?
A: Yes, Avatrade offers a free demo account for traders to practice and test their strategies before trading with real money.
Q: What is the minimum deposit requirement for Avatrade?
A: The minimum deposit requirement for Avatrade is $100.
Q: What trading instruments are available on Avatrade's platform?
A: Avatrade offers a wide range of trading instruments including forex, stocks, commodities, indices, cryptocurrencies, and more.
Q: What is the maximum leverage offered by Avatrade?
A: The maximum leverage offered by Avatrade is 1:400.
Q: Does Avatrade charge any trading fees?
A: Yes, Avatrade charges spreads and commissions on certain trading instruments.
Q: What deposit and withdrawal methods are available on Avatrade's platform?
A: Avatrade offers a variety of deposit and withdrawal methods including credit/debit cards, bank transfers, and e-wallets such as PayPal, Skrill, and Neteller.
Q: Does Avatrade provide educational resources for traders?
A: Yes, Avatrade provides a range of educational resources including webinars, e-books, trading courses, and more.
Q: What kind of customer support does Avatrade offer?
A: Avatrade offers 24/5 customer support through phone, email, as well as an extensive FAQ section on their website.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive forexclub and ava-trade are, we first considered common fees for standard accounts. On forexclub, the average spread for the EUR/USD currency pair is -- pips, while on ava-trade the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
forexclub is regulated by NBRB. ava-trade is regulated by ASIC,FSA,FFAJ,ADGM,CBI,FSCA,KNF.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
forexclub provides trading platform including -- and trading variety including --. ava-trade provides trading platform including -- and trading variety including --.