Best AvaTrade Alternatives for 2023

What AvaTrade Does Not Offer and Alternatives For Each

When trading having a broker you can rely on is essential. If AvaTrade does not match your requirements we explain the top AvaTrade alternatives and AvaTrade competitors in this guide. The best alternative for AvaTrade is IC Markets or Roboforex.

When searching for a AvaTrade alternative, there are a few things you need to check. The AvaTrade trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination of the top AvaTrade alternatives and competitors feature by feature further below this AvaTrade alternatives guide. If you are looking for a trading platform that offers similar features to AvaTrade or AvaTrade. Or if you are looking for features that AvaTrade does not offer that you require when trading, we will show you the best AvaTrade alternative options below.

We highlight the pros and cons of each AvaTrade alternative. Maybe you are looking for better customer service from a AvaTrade alternative or more competitive AvaTrade fees and more financial instruments to trade.

We have listed some reasons why AvaTrade may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.

• AvaTrade does not offer negative balance protection (See AvaTrade alternatives who offer negative balance protection here)
• AvaTrade does not offer Guaranteed Stop Loss (See AvaTrade alternatives who offer Guaranteed Stop Loss here)
• ECN accounts are not offered by AvaTrade (Look here for AvaTrade alternatives offering ECN accounts)
• STP accounts are not offered by AvaTrade (Look here for AvaTrade alternatives offering STP accounts)
• cTrader is not offered by AvaTrade (find AvaTrade alternatives offering the cTrader trading platform here)

Top AvaTrade Alternative is IC Markets

Rating	★★★★☆ 4/5	★★★★☆ 4/5	★★★★☆ 4/5
💻 Trading Platforms	Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5	MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android	MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps
📋 Instruments Available	1250	2250	100
📈 Stocks Offerd	1000	2100	0
💎 Cryptocurrency	Yes	Yes	No
💹 Forex Pairs	55	61	35
📈 Commodities	17	20	21
💰 Min Deposit	100	200	10
👱‍♂️ Used By	300,000+ users	180,000+ users	1,000,000+ users
📆 Founded	2006	2007	2009
👮‍♂️ Regulation	Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)	RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
🌍 HQ	Ireland	Australia	Belize
🚫 Excluded Countries	BE, BR, KP, NZ, TR, US, CA, SG	US, IR, CA, NZ, JP	AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EU, FM, FR, GW, ID, IR, JP, LR, MP, NL, PF, RU, SE, SJ, SS, TL, TR, US
Risk Warning	71% of retail investor accounts lose money when trading CFDs with this provider	Losses can exceed deposits	Losses can exceed deposits

If you want to see a more indepth feature by feature AvaTrade alternative comparison, you can scroll further down here.

AvaTrade Alternatives List

IC Markets

★★★★☆ (4/5)

Min deposit : 200

Visit IC Markets Read review

IC Markets was established in 2007 and is used by over 180000+ registered users. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

Roboforex

★★★★☆ (4/5)

Min deposit : 10

Visit Roboforex Read review

Roboforex was established in 2009 and is used by over 1000000+ registered users. Losses can exceed deposits Roboforex offers Forex, CFDs.

Regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund

Pepperstone

★★★★☆ (4/5)

Min deposit : 200

Visit Pepperstone Read review

Pepperstone was established in 2010 and is used by over 400000+ registered users. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

XM

★★★★☆ (4/5)

Min deposit : 5

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XM was established in 2009 and is used by over 3500000+ registered users. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

XTB

★★★★☆ (4/5)

Min deposit : 0

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XTB was established in 2002 and is used by over 581000+ registered users. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)

eToro

★★★★☆ (4/5)

Min deposit : 50

Visit eToro Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 30000000+ registered users. 77% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Regulated by FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076

NordFX

★★★★☆ (4/5)

Min deposit : 1

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NordFX was established in 2008 and is used by over 10000+ registered users. Losses can exceed deposits NordFX offers Forex.

Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008

Trading212

★★★☆☆ (3/5)

Min deposit : 1

Visit Trading 212 Read review

Trading 212 was established in 2006 and is used by over 15000000+ registered users. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices.

Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)

FP Markets

★★★★☆ (4/5)

Min deposit : 100

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FP Markets was established in 2005 and is used by over 10000+ registered users. Losses can exceed deposits FP Markets offers Forex, CFDs.

Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926)

EasyMarkets

★★★★☆ (4/5)

Min deposit : 100

Visit easyMarkets Read review

easyMarkets was established in 2001 and is used by over 142500+ registered users. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)

avatrade alternatives
AvaTrade Summary

• AvaTrade is used by over 300,000+ registered users (Look here for AvaTrade alternatives that are used by more traders)
• AvaTrade has a minimum deposit of $100 (Look here for AvaTrade alternatives that require less minimum deposit)
• AvaTrade has a minimum trade requirement of 0.01 Lot (Look here for AvaTrade alternatives that require a lower minimum trade)
• AvaTrade has a maximum deposit of None (Look here for AvaTrade alternatives that has a similar or greater maximum trade limit)
• AvaTrade has over 10 awards (Look here for AvaTrade alternatives with more awards)

avatrade alternatives
AvaTrade Tradable Financial Assets

• AvaTrade offers traders over 1,250 tradable instruments (Look here for AvaTrade alternatives offering a similar amount or more tradable instruments)
• AvaTrade offers over 1,000 shares (Look here for AvaTrade alternatives offering more tradable shares)
• AvaTrade offers US Shares (Look here for AvaTrade alternatives offering US Stocks and Shares)
• AvaTrade offers UK Shares (Look here for AvaTrade alternatives offering UK Stocks and shares)
• AvaTrade offers German Shares (Look here for AvaTrade alternatives offering German Stocks and shares)
• AvaTrade offers Japanese Shares (Look here for AvaTrade alternatives offering Japanese Stocks and shares)
• AvaTrade offer Indices trading (Look here for AvaTrade alternatives offering Indices trading)
• AvaTrade offers 17 commodities (Look here for AvaTrade alternatives offering more tradable commodities)
• AvaTrade offers trading in metals (Look here for AvaTrade alternatives offering metal commodities)
• AvaTrade offers trading in energy commodities (Look here for AvaTrade alternatives offering energy commodities)
• AvaTrade offers trading in agricultural commodities (Look here for AvaTrade alternatives offering agricultural commodities)
• AvaTrade offers trading on the Forex markets (Look here for AvaTrade alternatives offering Forex trading)
• AvaTrade offers 55 Forex Pairs (Look here for AvaTrade alternatives offering a similar amount or more Forex Pairs)
• AvaTrade offers trading with Major Forex Pairs (Look here for AvaTrade alternatives offering Major Forex Pairs trading)
• AvaTrade offers trading with Minor Forex Pairs (Look here for AvaTrade alternatives offering Minor Forex Pairs trading)
• AvaTrade offers trading with Exotic Forex Pairs (Look here for AvaTrade alternatives offering Exotic Forex Pairs trading)
• AvaTrade offers trading in Cryptocurrencies (Look here for AvaTrade alternatives offering cryptocurrency trading)
• AvaTrade offer CFD trading (Look here for AvaTrade alternatives offering CFD trading)
• AvaTrade does offer Social Trading (Look here for AvaTrade alternatives offering Social Trading accounts)

avatrade alternatives
AvaTrade Trading Account Features

• ECN accounts are not offered by AvaTrade (Look here for AvaTrade alternatives offering ECN accounts)
• STP accounts are not offered by AvaTrade (Look here for AvaTrade alternatives offering STP accounts)
• AvaTrade offers MT4 (See AvaTrade alternatives offering the MT4 trading platform here)
• MT5 is offered by AvaTrade (find AvaTrade alternatives that offer the MT5 trading platform here)
• cTrader is not offered by AvaTrade (find AvaTrade alternatives offering the cTrader trading platform here)
• AvaTrade does offer Micro accounts (Check here for AvaTrade alternatives offering micro accounts)
• AvaTrade does offer VIP accounts (Check here for AvaTrade alternatives offering VIP accounts)
• AvaTrade does offer Islamic accounts (Check here for AvaTrade alternatives offering Islamic accounts)
• AvaTrade does offer Demo accounts (Check here for AvaTrade alternatives offering Demo accounts)
• AvaTrade does offer Spread Betting accounts (Search for Spread Betting brokers here)
• AvaTrade does allow Scalping (See brokers for scalping here)

avatrade alternatives
AvaTrade Risk Management Features

• AvaTrade does allow hedging (See brokers for Hedging here)
• AvaTrade does not offer negative balance protection (See AvaTrade alternatives who offer negative balance protection here)
• AvaTrade does not offer Guaranteed Stop Loss (See AvaTrade alternatives who offer Guaranteed Stop Loss here)
• AvaTrade does offer limit orders (See AvaTrade alternatives who offer limit orders here)
• AvaTrade does offer trailing stops (See AvaTrade alternatives who offer trailing stops here)
• AvaTrade does offer price alerts (See AvaTrade alternatives who offer price alerts here)

avatrade alternatives
AvaTrade Fees

• AvaTrade does not have inactivity fees (See AvaTrade alternatives who don’t have inactivity fees here)
• AvaTrade does not have withdrawal fees (See AvaTrade alternatives who don’t have withdrawal fees here)
• AvaTrade does not have deposit fees (See AvaTrade alternatives who don’t have deposit fees here)

avatrade alternatives
AvaTrade Regulation

• AvaTrade are not regulated by the FCA (Financial Conduct Authority) (Look here for AvaTrade alternatives offering FCA regulated brokers)
• AvaTrade are not regulated by CySEC (Cyprus Securities and Exchange Commission) (Look here for AvaTrade alternatives offering CySEC regulated brokers)
• AvaTrade are not regulated by the MiFID (Markets In Financial Instruments Directive) (Look here for AvaTrade alternatives offering MiFID regulated brokers)
• AvaTrade are regulated by the ASIC (Australian Securities and Investments Commission) (Look here for AvaTrade alternatives offering ASIC regulated brokers)
• AvaTrade are regulated by the FSCA (Financial Sector Conduct Authority) (Look here for AvaTrade alternatives offering FSCA regulated brokers)
• AvaTrade are not regulated by the DFSA (Dubai Financial Services Authority) (Look here for AvaTrade alternatives offering DFSA regulated brokers)
• AvaTrade are not regulated by the MAS (Monetary Authority of Singapore) (Look here for AvaTrade alternatives offering MAS regulated brokers)
• AvaTrade are regulated by the FSA (Financial Services Authority) (Look here for AvaTrade alternatives offering FSA regulated brokers)

avatrade alternatives
AvaTrade Desktop Computer and Mobile Device Support

• AvaTrade Offers an online trading platform available to all desktop and mobile devices with an internet connection. (See AvaTrade alternatives that offer an online trading platform here)
• AvaTrade does not offer a bespoke application for Microsoft Windows Desktop computers (See AvaTrade alternatives that support desktop Windows users here)
• AvaTrade does offer a bespoke application for Apple Mac Desktop computers (See AvaTrade alternatives that support desktop Apple Mac users here)
• AvaTrade does offer a bespoke application for mobile devices (See AvaTrade alternatives that support mobile device users here)
• AvaTrade does offer a bespoke application for IOS Devices (See AvaTrade alternatives for IOS users here)
• AvaTrade does offer a bespoke application for Android Devices (See AvaTrade alternatives for Android users here)
• AvaTrade does offer live chat support (See AvaTrade alternatives that offer live chat support here)

Below is an extensive list of the best alternatives to AvaTrade based on our unique 256 point criteria.

Top alternative for AvaTrade is IC Markets

Top Pick 1 4/5 rating

IC Markets is the best alternative broker to AvaTrade. IC Markets has been in operation for over 12 years.

IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

If AvaTrade or IC Markets are not what you are looking for try Roboforex.

With AvaTrade, 71% of retail investor accounts lose money when trading CFDs with this provider

With IC Markets, Losses can exceed deposits

With Roboforex, 74-89 % of retail investor accounts lose money when trading CFDs

Top Pick 2 4/5 rating

Roboforex, as a brokerage is regulated. This means Roboforex are supervised by and checked for conduct by the RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund

Here are some of the key reasons why traders choose IC Markets and Roboforex over AvaTrade

	IC Markets	Roboforex	Pepperstone
Brokerage Rating	★★★★☆ (4/5)	★★★★☆ (4/5)	★★★★☆ (4/5)
Regulator	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)	RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund	Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
Min Deposit	200	10	200
Min Trade	0.01 Lot	0.01 Lot	0.01 Lot
Platforms	MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android	MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps
Risk Warning	Losses can exceed deposits	Losses can exceed deposits	74-89 % of retail investor accounts lose money when trading CFDs
	Visit IC Markets	Visit Roboforex	Visit Pepperstone

If you want to read more about IC Markets, we have put together an in-depth IC Markets review that explores their platform, spreads, and trading conditions in more detail.

If IC Markets does not match your criteria, have a look at the 10 best AvaTrade alternatives below.