Compare OvalX Vs AvaTrade: Which is the Better Forex Broker in 2024?
OvalX 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 OvalX Vs AvaTrade, here is the direct comparison:
Compare | OvalX | AvaTrade |
General Rating |
1.00/5 |
3.24/5 |
Score | ||
Trustpilot |
4.5/5 293 users |
4.8/5 7243 users |
πΌ Regulation | ||
β Info | ||
β Established | 1965 | 2006 |
π² Min Deposit | $100 | $100 |
β Max Leverage | 1:400 | 1:400 |
π’ Spread | Variable | Fixed |
πΈ Commissions | ||
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards, Neteller and UnionPay | 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 | Czech, Danish, English, Italian, Slovak | Arabic, German, English, Spanish, French, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Swedish, Chinese |
πͺ Trade Now | Open OvalX | Open AvaTrade |
Compare Again
Testimonials
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OvalX: ETX Capital has been regulated by FCA in the UK,...
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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 OvalX 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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OvalX Announces Closure, Clients Transferred to Capital.com
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AvaTrade Partners with British F1 Team
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OvalX Starts Layoff Following Poor Performance
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AvaTrade Scores a Collaboration Deal with Capitalise.ai
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Lawrence Jones has Signed with OvalX as Head of Digital Acquisition
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Head of Research and Analysis Andrew Saks Leaves OvalX
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See More Related OvalX 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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See More Related AvaTrade Article
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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, OvalX provides their pricing with Variable spread while AvaTrade offers Fixed spread.
OvalX 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, OvalX enables trading with ETX TraderPro, MetaTrader 4. The offer is supported with 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 OvalX 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, OvalX supports trading with Forex, Spread betting, 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 OvalX and AvaTrade:
- Compare OvalX vs BDSwiss
- Compare OvalX vs HFX Internasional Berjangka
- Compare OvalX vs LiteFinance
- Compare AvaTrade vs DeltaStock
- Compare AvaTrade vs XM
- Compare AvaTrade vs Forex4You
For more comparisons, visit this page.