Compare AvaTrade Vs FXGT: Which is the Better Forex Broker in 2024?
AvaTrade Vs FXGT, 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 FXGT, here is the direct comparison:
Feature | AvaTrade | FXGT |
General Rating |
3.24/5 |
1.00/5 |
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Score | 78 | 50 | |
Trustpilot |
4.8/5 7243 users |
3.6/5 63 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2006 | 2019 | |
💲 Min Deposit | $100 | $10 | |
⚖ Max Leverage | 1:400 | 1:500 | |
🔢 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, Crypto, Ethereum, Ripple, bitwallet, Tether (USDT) and Local bank transfer | |
🏢 Office(s) |
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🧩 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 |
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🗣 Website Languages | Arabic, German, English, Spanish, French, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Swedish, Chinese | English, Japanese, Malay, Thai |
🚪 Trade Now | Open AvaTrade | Open FXGT |
Testimonials
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AvaTrade: Good but have flaws
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AvaTrade: I'm not sure how to tell my story, but I'll...
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AvaTrade: I've heard nothing but good things about this broker. Recently...
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AvaTrade: Automated trading with AvaTrade is really smooth and rewarding. I...
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AvaTrade: I think AvaTrade has one of the best trading conditions...
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AvaTrade: Good but have flaws
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AvaTrade: I'm not sure how to tell my story, but I'll...
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AvaTrade: I've heard nothing but good things about this broker. Recently...
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AvaTrade: Automated trading with AvaTrade is really smooth and rewarding. I...
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AvaTrade: I think AvaTrade has one of the best trading conditions...
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AvaTrade: Good but have flaws
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See More AvaTrade Testimonials
News
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FXGT Unleashes Pro and ECN Accounts – Elevate Your Game Now
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FXGT Concluded Live Trading Competition, Winners Announced
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AvaTrade Focuses on Spain's Expansion by Introducing Barrier Options
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AvaTrade and the UAE Pro League Establish Strategic Sponsorship
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AvaTrade Extends Partnership with Aston Martin F1 Team
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Win USD35K From FXGT First World Trading Competition
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Prioritizing Client's Convenient, FXGT Launched MT4
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AvaTrade Partners with British F1 Team
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AvaTrade Scores a Collaboration Deal with Capitalise.ai
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Usain Bolt Becomes AvaTrade Brand Ambassador
Articles
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How to Deposit and Withdraw in AvaTrade
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How to Deposit and Withdraw in FXGT
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Elevate Your Trading with Free AvaTrade Guardian Angel
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An Insightful Overview of AvaTrade Copy Trading Platforms
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AvaTrade Free Course: a Way to Master Trading Skills
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How to Verify Your Avatrade Trading Account
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How to Open Account in AvaTrade
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How to Verify Account in FXGT
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How to Open Account in FXGT
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AvaTrade Trading App: All You Need to Know
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- 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 FXGT offers Fixed spread.
AvaTrade vs FXGT: 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, FXGT provides trading with MetaTrader 5 with the support of One-click trading, Trailing stop, Pending orders.
Is AvaTrade or FXGT 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 FXGT presents the ability of trading with Forex, Gold & silver, Stocks, Crypto.
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.
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