Compare Monex Investindo Futures Vs AvaTrade: Which is the Better Forex Broker in 2024?
Monex Investindo Futures Vs AvaTrade, 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 Monex Investindo Futures Vs AvaTrade, here is the direct comparison:
Feature | Monex Investindo Futures | AvaTrade |
General Rating |
1.00/5 |
3.24/5 |
|
Score | 43 | 78 | |
Trustpilot |
3.7/5 3 users |
4.8/5 7243 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2000 | 2006 | |
💲 Min Deposit | Rp500,000 | $100 | |
⚖ Max Leverage | 1:100 | 1:400 | |
🔢 Spread | Variable | Fixed | |
💸 Commissions | $20 | ||
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | Bank Transfer, Virtual Account, E-wallet (Linkaja, GoPay and OVO) | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller and UnionPay | |
🏢 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 |
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🗣 Website Languages | Arabic, German, English, Spanish, French, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Swedish, Chinese |
🚪 Trade Now | Open Monex Investindo Futures | Open AvaTrade |
Testimonials
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Monex Investindo Futures: Just information, Monex is a local broker. All of you...
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Monex Investindo Futures: That's totally easy when doing registration on this broker. No...
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Monex Investindo Futures: Firstly, I doubt all of the local forex brokers, but...
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Monex Investindo Futures: For the local forex standard, I think Monex is suitable...
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Monex Investindo Futures: I don't have special trading experience with a local broker,...
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Monex Investindo Futures: Just information, Monex is a local broker. All of you...
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Monex Investindo Futures: That's totally easy when doing registration on this broker. No...
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Monex Investindo Futures: Firstly, I doubt all of the local forex brokers, but...
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Monex Investindo Futures: For the local forex standard, I think Monex is suitable...
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Monex Investindo Futures: I don't have special trading experience with a local broker,...
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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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Monex Investindo Futures: Just information, Monex is a local broker. All of you...
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See More Monex Investindo Futures Testimonials
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See More AvaTrade Testimonials
News
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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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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
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AvaTrade Plans London IPO This Year
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Join AvaTrade Prize Draw, Win Ford Fiesta ST
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Trade Gold CFD Spread-Free With AvaTrade
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AvaTrade and Dukascopy Launch Binary Options Trading
Articles
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How to Deposit and Withdraw in AvaTrade
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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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AvaTrade Trading App: All You Need to Know
Promotions
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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, Monex Investindo Futures provides their pricing with Variable spread while AvaTrade offers Fixed spread.
Monex Investindo Futures vs AvaTrade: 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, Monex Investindo Futures enables trading with MetaTrader 4, MetaTrader 5, MIFX Mobile. The offer is supported with . In comparison, AvaTrade provides 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 with the support of One-click trading, Trailing stop, Pending orders.
Is Monex Investindo Futures or AvaTrade 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, Monex Investindo Futures supports trading with Forex, Gold, Silver, Oil, Index, while AvaTrade presents the ability of trading with Forex, Gold & silver, Oil, Stocks, Futures, Indexes, Agriculture, Metals, Energies, Bonds, Spread betting, Crypto, etf, Commodities, CFD.
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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