Compare AvaTrade Vs FirewoodFX: Which is the Better Forex Broker in 2024?
AvaTrade Vs FirewoodFX, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between AvaTrade Vs FirewoodFX, here is the direct comparison:
Feature | AvaTrade | FirewoodFX |
General Rating |
3.24/5 |
1.00/5 |
|
Score | 78 | 53 | |
Trustpilot |
4.8/5 7243 users |
3.6/5 1 users |
|
💼 Regulation | |||
❗Info | |||
⌛ Established | 2006 | 2014 | |
💲 Min Deposit | $100 | $10 | |
⚖ Max Leverage | 1:400 | 1:1000 | |
🔢 Spread | Fixed | Fixed | |
💸 Commissions | |||
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller and UnionPay | Wire transfer, Credit/debit cards, UnionPay, Perfect Money, FasaPay, Tether (USDT), Stellar (XLM), Binance Coin (BNB) and Crypto | |
🏢 Office(s) |
|
🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | Arabic, German, English, Spanish, French, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Swedish, Chinese | English, Indonesian, Chinese |
🚪 Trade Now | Open AvaTrade | Open FirewoodFX |
Testimonials
-
AvaTrade: Good but have flaws
-
AvaTrade: I'm not sure how to tell my story, but I'll...
-
AvaTrade: I've heard nothing but good things about this broker. Recently...
-
AvaTrade: Automated trading with AvaTrade is really smooth and rewarding. I...
-
AvaTrade: I think AvaTrade has one of the best trading conditions...
-
AvaTrade: Good but have flaws
-
AvaTrade: I'm not sure how to tell my story, but I'll...
-
AvaTrade: I've heard nothing but good things about this broker. Recently...
-
AvaTrade: Automated trading with AvaTrade is really smooth and rewarding. I...
-
AvaTrade: I think AvaTrade has one of the best trading conditions...
-
FirewoodFX: Very good, but slippage can be better
-
FirewoodFX: Best low spread broker
-
FirewoodFX: Everything is top notch
-
FirewoodFX: They frustate me!!
-
FirewoodFX: Instant execution!
-
AvaTrade: Good but have flaws
-
See More AvaTrade Testimonials
-
See More FirewoodFX Testimonials
News
-
AvaTrade Focuses on Spain's Expansion by Introducing Barrier Options
-
AvaTrade and the UAE Pro League Establish Strategic Sponsorship
-
AvaTrade Extends Partnership with Aston Martin F1 Team
-
AvaTrade Partners with British F1 Team
-
AvaTrade Scores a Collaboration Deal with Capitalise.ai
-
Usain Bolt Becomes AvaTrade Brand Ambassador
-
AvaTrade Plans London IPO This Year
-
FirewoodFX Launched PAMM Service
-
FirewoodFX Ranks First as Best Broker in Southern Asia 2015
-
FirewoodFX, MFX Will Adjust Margin On Greek Drama
Articles
-
How to Deposit and Withdraw in AvaTrade
-
Elevate Your Trading with Free AvaTrade Guardian Angel
-
An Insightful Overview of AvaTrade Copy Trading Platforms
-
AvaTrade Free Course: a Way to Master Trading Skills
-
FirewoodFX Mobile App for Trading on the Go
-
Guide to FirewoodFX Deposit and Withdrawal
-
How to Open Account in FirewoodFX
-
How to Verify Your Avatrade Trading Account
-
How to Open Account in AvaTrade
-
AvaTrade Trading App: All You Need to Know
More Comparisons
- FXOpen vs Pepperstone
- eToro vs Blueberry Markets
- Interactive Brokers vs Vantage Markets
- Admirals vs ThinkMarkets
- JustMarkets vs AvaTrade
- IC Markets vs InstaForex
- FP Markets vs Axi
- XM vs FirewoodFX
- HF Markets vs FBS
- FXTM vs RoboForex
- easyMarkets vs LiteFinance
- Tickmill vs MTrading
- Dukascopy vs OANDA
- Exness vs Octa
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, AvaTrade provides their pricing with Fixed spread while FirewoodFX offers Fixed spread.
AvaTrade vs FirewoodFX: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, AvaTrade enables trading with MetaTrader 4 (Limited with 21 days), MetaTrader 5 (Limited with 21 days of inactivity), AvaOption (Limited with 21 days of inactivity), AvaTradeGO (Limited with 21 days of inactivity), Web, Social trading, ZuluTrade. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FirewoodFX provides trading with MetaTrader 4 with the support of One-click trading, Trailing stop, Pending orders.
Is AvaTrade or FirewoodFX better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, AvaTrade supports trading with Forex, Gold & silver, Oil, Stocks, Futures, Indexes, Agriculture, Metals, Energies, Bonds, Spread betting, Crypto, etf, Commodities, CFD, while FirewoodFX presents the ability of trading with Forex, Gold & silver.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to AvaTrade and FirewoodFX:
- Compare AvaTrade vs Array
- Compare AvaTrade vs Array
- Compare AvaTrade vs Array
- Compare FirewoodFX vs Array
- Compare FirewoodFX vs Array
- Compare FirewoodFX vs Array
For more comparisons, visit this page.