Compare Interactive Brokers Vs AvaTrade: Which is the Better Forex Broker in 2024?
Interactive Brokers 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 Interactive Brokers Vs AvaTrade, here is the direct comparison:
Compare | Interactive Brokers | AvaTrade |
General Rating |
2.42/5 |
3.24/5 |
Score | ||
Trustpilot |
3.5/5 2640 users |
4.8/5 7243 users |
πΌ Regulation | ||
β Info | ||
β Established | 1977 | 2006 |
π² Min Deposit | $10000 | $100 |
β Max Leverage | 1:100 | 1:400 |
π’ Spread | Fixed | Fixed |
πΈ Commissions | ||
π‘ Min Position | 0.25 lot | 0.01 lot |
π³ Payment | Wire transfer, Check and BPAY | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller and UnionPay |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | German, Spanish, French, Italian, Japanese, Russian, Chinese | Arabic, German, English, Spanish, French, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Swedish, Chinese |
πͺ Trade Now | Open Interactive Brokers | Open AvaTrade |
Compare Again
Testimonials
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Interactive Brokers: I have worst CS moment here. They are a bit...
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Interactive Brokers: While the platform is good. When you have a problem...
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Interactive Brokers: The web site does not always connect you may have...
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Interactive Brokers: The platform is absolutely solid and the folks at IB...
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Interactive Brokers: Pros: Fast, InexpensiveCons: Terrible Scanner, Horrible Charts, Customer Services
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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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See More Interactive Brokers Testimonials
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See More AvaTrade Testimonials
News
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Interactive Brokers Forex Broker Sees 11% Jump in DARTs
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Interactive Brokers Rocks Q4: Strong Revenue Led by Options Surge
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Interactive Brokers Continues Success, Surpassing 2.5 Million Clients
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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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Interactive Brokers Merging Europe and Ireland Office
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AvaTrade Extends Partnership with Aston Martin F1 Team
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Interactive Brokers Trading Volume in August Remains Flat
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Interactive Brokers Reported Decline Revenue and High DART
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See More Related Interactive Brokers News
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See More Related AvaTrade News
Article
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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
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Saxo Bank and Interactive Brokers: Which One is the Best?
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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, Interactive Brokers provides their pricing with Fixed spread while AvaTrade offers Fixed spread.
Interactive Brokers 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, Interactive Brokers enables trading with Web Trader (SerSart), FX-Trader, Trader Workstation. The offer is supported with One-click trading, Trailing stop, Pending orders. 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 Interactive Brokers 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, Interactive Brokers supports trading with Forex, Gold & silver, CFD, Stocks, Options, Futures, Bonds, ETF, Crypto, 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.
Looking for more references? Here are other comparisons related to Interactive Brokers and AvaTrade:
- Compare Interactive Brokers vs GOMarkets
- Compare Interactive Brokers vs XM
- Compare Interactive Brokers vs Finex
- Compare AvaTrade vs MTrading
- Compare AvaTrade vs IC Markets
- Compare AvaTrade vs FirewoodFX
For more comparisons, visit this page.