AvaTrade Vs ICICI Direct

AvaTrade and ICICI Direct in Detail

The AvaTrade online trading platform gives traders from all over the world access to over 1,000 financial instruments, ICICI Direct include over 114,350 available instruments. There are over 400,000+ registered customers that have taken advantage of the AvaTrade platform.

AvaTrade are regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577).

ICICI Direct is a renowned India financial trading brokerage established in 1994.

ICICI Direct serves customers globally and are regulated by Securities and Exchange Board of India (SEBI) (INZ000183631), National Stock Exchange of India (NSE) (07730), Bombay Stock Exchange (BSE) (01174), Multi Commodity Exchange of India (MCX) (56305). Depending on the country you are trading from AvaTrade may serve you from a different business entity to comply with its financial regulators.

ICICI Direct is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. AvaTrade is not listed as a PLC.

ICICI Direct is a popular well known financial trading platform serving over 1,869,925 customers.

Benefits of AvaTrade and ICICI Direct Compared

Below, we will give you a summary of the benefits AvaTrade and ICICI Direct offer side by side.

AvaTrade offers a minimum deposit of 100 while ICICI Direct have a 0 minimum deposit.

Why smaller trading deposits are good and how AvaTrade and ICICI Direct compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either AvaTrade or ICICI Direct. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. AvaTrade requires a minimum deposit of 100, whereas ICICI Direct mandates a minimum deposit of 0. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's AvaTrade or ICICI Direct, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

AvaTrade allows traders to trade up to 1,000 financial instruments while ICICI Direct have around 114,350 on their trading platform.

The more instruments available on AvaTrade and ICICI Direct trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of AvaTrade or ICICI Direct.

The AvaTrade trading platform has 1,000 stocks listed while ICICI Direct has 5,000 stocks listed.

AvaTrade allows retail traders to trade the following assets Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading on the AvaTrade MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) trading platforms.

Alternatively ICICI Direct allows retail traders to trade Equity Trading, Derivatives Trading, Mutual Fund & IPO, Fixed Deposit, Bond, NCD, wealth products on the ICICI Direct Basket Orders, Trade Racer, Sensibull, Web, Mobile Apps, iOS (App Store), Android (Google Play) trading platforms.

Compare AvaTrade and ICICI Direct in more detail below.

Drawbacks of AvaTrade and ICICI Direct Compared

Below we compare what drawbacks AvaTrade and ICICI Direct have side by side.

Various potential downsides can be associated with certain brokers, including AvaTrade and ICICI Direct. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by AvaTrade compared to ICICI Direct. High trading fees and commissions must be factored into your profit loss of each live trade. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of AvaTrade versus ICICI Direct.

AvaTrade Vs ICICI Direct Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with AvaTrade or ICICI Direct. A diversified portfolio with AvaTrade or ICICI Direct can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like AvaTrade or ICICI Direct, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as AvaTrade and ICICI Direct.

AvaTrade Vs ICICI Direct Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both AvaTrade and ICICI Direct, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both AvaTrade and ICICI Direct offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with AvaTrade or ICICI Direct is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with AvaTrade or ICICI Direct could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on AvaTrade, ICICI Direct, and all brokers are subject to regulation.

We compare AvaTrade vs ICICI Direct Crypto options below side by side.

AvaTrade Vs ICICI Direct Commission and Fees

knowing your trading and commission fees with AvaTrade vs ICICI Direct is extremely important. For the majority of the AvaTrade 1,000 financial instruments and ICICI Direct 114,350 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with AvaTrade and ICICI Direct. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with AvaTrade and ICICI Direct before you invest because you must know what you are paying.

You ideally want to choose a broker like AvaTrade or ICICI Direct that does not charge too much for withdrawal fees. High trading fees and commissions must be taken into your profit loss calculations. The fees will be noticeable if you have a low budget and do not intend to invest so much with AvaTrade or ICICI Direct. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential AvaTrade and ICICI Direct fees, of course. Make sure you do your research and check the commission and fees with both AvaTrade and ICICI Direct before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with AvaTrade or ICICI Direct be aware of or 3rd party payment provider fees and currency conversion fees.

Both AvaTrade and ICICI Direct do charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant AvaTrade and ICICI Direct accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your AvaTrade or ICICI Direct account, or choose to close it.

Usually, the associated fees for dormant AvaTrade or ICICI Direct accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live AvaTrade or ICICI Direct trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like AvaTrade or ICICI Direct you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay AvaTrade or ICICI Direct nothing for this. If this is the case, it can be a big problem. Constant deposit fees can potentially add up, so this will take some consideration before you sign up.

Let's see how AvaTrade vs ICICI Direct compare side by side for commissions and fees.

AvaTrade Vs ICICI Direct Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the AvaTrade and ICICI Direct platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an AvaTrade or ICICI Direct demo account.

AvaTrade Vs ICICI Direct Mobile Trading

Trading on your mobile with AvaTrade and ICICI Direct can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and AvaTrade and ICICI Direct mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with AvaTrade or ICICI Direct. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with AvaTrade or ICICI Direct can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with AvaTrade or ICICI Direct is essential. Likewise, if you have an android phone, it's crucial to verify if AvaTrade or ICICI Direct broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if AvaTrade and ICICI Direct have trading apps compatible with your device.

AvaTrade Vs ICICI Direct Trading Account Types Offered

AvaTrade Vs ICICI Direct Demo Account

A demo account with AvaTrade or ICICI Direct is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an AvaTrade and ICICI Direct demo account.

AvaTrade Vs ICICI Direct Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if AvaTrade or ICICI Direct offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Both AvaTrade and ICICI Direct do offer Micro accounts.

AvaTrade Vs ICICI Direct Standard Account

A standard account is available on AvaTrade and ICICI Direct to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

AvaTrade does offer clients Standard accounts, while ICICI Direct does not offer clients Standard accounts.

AvaTrade Vs ICICI Direct MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with AvaTrade or ICICI Direct or alternative.

AvaTrade does offer clients MAM accounts, while ICICI Direct does not offer clients MAM accounts.

AvaTrade Vs ICICI Direct ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with AvaTrade or ICICI Direct or alternative.

AvaTrade and ICICI Direct do not offer clients ECN accounts.

AvaTrade Vs ICICI Direct Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with AvaTrade or ICICI Direct or alternative.

AvaTrade and ICICI Direct do not offer clients Islamic accounts.

AvaTrade Vs ICICI Direct STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with AvaTrade or ICICI Direct or alternative.

AvaTrade and ICICI Direct do not offer clients STP accounts.

AvaTrade Vs ICICI Direct Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

Both AvaTrade and ICICI Direct do not offer clients Managed accounts.

AvaTrade Vs ICICI Direct Withdrawal and Funding Methods

AvaTrade and ICICI Direct have multiple deposit and withdrawal options. Funding and withdrawing from your AvaTrade and ICICI Direct accounts to your chosen payment method should be straightforward. Lets see how AvaTrade and ICICI Direct compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from AvaTrade or ICICI Direct.

AvaTrade Vs ICICI Direct Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of AvaTrade or ICICI Direct support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the AvaTrade and ICICI Direct support is always available when needed. AvaTrade and ICICI Direct customer support is not just useful. broker customer support is crucial to your trading success!

AvaTrade Vs ICICI Direct Live Chat

Live chat is important for several reasons. When you encounter a problem with AvaTrade or ICICI Direct trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

AvaTrade do offer livechat support. On the other hand ICICI Direct do not offer livechat support.

AvaTrade Vs ICICI Direct Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either AvaTrade or ICICI Direct you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the AvaTrade or ICICI Direct support team to answer satisfactorily. Email support with AvaTrade and ICICI Direct will be needed.

Both AvaTrade and ICICI Direct offer email support.

AvaTrade Vs ICICI Direct Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either AvaTrade or ICICI Direct. We can get straight to the point, saving us time and frustration.

Both AvaTrade and ICICI Direct offer phone support.

Lets see how AvaTrade and ICICI Direct customer support compare side by side.

AvaTrade Vs ICICI Direct Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether AvaTrade and ICICI Direct are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that AvaTrade or ICICI Direct have these in place, please be extremely cautious before you proceed with them.

We compare AvaTrade Vs ICICI Direct financial regulation and licensing side by side below.

AvaTrade Vs ICICI Direct Education Resources Compared

We compare AvaTrade and ICICI Direct educational resources below.

AvaTrade Vs ICICI Direct Risk Management Features

When trading with either AvaTrade or ICICI Direct you will want to understand and make full use of all the risk management features on your AvaTrade or ICICI Direct trading platforms.

We compare side by side the trading risk management features offered by AvaTrade and ICICI Direct below.

AvaTrade Vs ICICI Direct Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both AvaTrade and ICICI Direct do offer clients hedging.

AvaTrade Vs ICICI Direct Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both AvaTrade and ICICI Direct do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on AvaTrade or ICICI Direct. You must still monitor any live trades and your financial exposure and financial risk.

AvaTrade Vs ICICI Direct Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both AvaTrade and ICICI Direct do offer clients limit orders.

AvaTrade Vs ICICI Direct Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

AvaTrade does offer clients negative balance protection, while ICICI Direct does not offer clients negative balance protection.

AvaTrade Vs ICICI Direct Verdict

We hope this AvaTrade Vs ICICI Direct guide has helped you decide who is best to trade with out of AvaTrade and ICICI Direct.

When choosing a broker like AvaTrade or ICICI Direct for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with AvaTrade or ICICI Direct are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as AvaTrade or ICICI Direct, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with AvaTrade or ICICI Direct.

Also, before you sign up with online brokers like AvaTrade or ICICI Direct, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with AvaTrade or ICICI Direct before investing money into something.

Beware of the risks that come with trading with AvaTrade or ICICI Direct. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all AvaTrade and ICICI Direct educational resources and financial research tools. If you are new to trading, sign up for a demo account with AvaTrade and ICICI Direct to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using AvaTrade or ICICI Direct will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if AvaTrade and ICICI Direct fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with AvaTrade or ICICI Direct if your investment strategy is more long-term.

AvaTrade and ICICI Direct Alternatives

If AvaTrade and ICICI Direct are not what you are not quite what you are looking for we list some of the best AvaTrade and ICICI Direct alternatives below.

Other AvaTrade and ICICI Direct Vs Comparisons

If you are still looking for an alternative to AvaTrade and ICICI Direct and want to see how AvaTrade or ICICI Direct compares Vs other brokers check out the AvaTrade Vs and ICICI Direct Vs list below.

AvaTrade Vs Alternatives

Still not happy have a look at some of our alternative AvaTrade Vs side by side comparisons below

• AvaTrade vs IC Markets
• AvaTrade vs Roboforex
• AvaTrade vs eToro
• AvaTrade vs XTB
• AvaTrade vs XM
• AvaTrade vs Pepperstone
• AvaTrade vs FP Markets
• AvaTrade vs easyMarkets
• AvaTrade vs SpreadEx
• AvaTrade vs FxPro

ICICI Direct Vs Alternatives

Still not happy have a look at some of our alternative AvaTrade Vs side by side comparisons below

• ICICI Direct vs IC Markets
• ICICI Direct vs Roboforex
• ICICI Direct vs eToro
• ICICI Direct vs XTB
• ICICI Direct vs XM
• ICICI Direct vs Pepperstone
• ICICI Direct vs AvaTrade
• ICICI Direct vs FP Markets
• ICICI Direct vs easyMarkets
• ICICI Direct vs SpreadEx

AvaTrade Vs ICICI Direct Frequently Asked Questions

We answer some of the most frequently asked AvaTrade Vs ICICI Direct questions below.

Is AvaTrade any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is AvaTrade legit? - AvaTrade are regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577) and have been in business since 2006

Is ICICI Direct any Good?

ICICI Direct are regulated by Securities and Exchange Board of India (SEBI) (INZ000183631), National Stock Exchange of India (NSE) (07730), Bombay Stock Exchange (BSE) (01174), Multi Commodity Exchange of India (MCX) (56305) and have been in business since 1994.

Which is better AvaTrade or ICICI Direct?

AvaTrade has a good rating, while ICICI Direct has a good rating.

Is AvaTrade a con?

AvaTrade is regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577) and have been in business since 2006. We recommend looking at a AvaTrade alternative that has more financial regulation.

Is ICICI Direct a con?

ICICI Direct is regulated by Securities and Exchange Board of India (SEBI) (INZ000183631), National Stock Exchange of India (NSE) (07730), Bombay Stock Exchange (BSE) (01174), Multi Commodity Exchange of India (MCX) (56305) and have been in business since 1994. We recommend looking at a ICICI Direct alternative that has more financial regulation.

What happens if AvaTrade or ICICI Direct go bust?

AvaTrade and ICICI Direct are regulated, which means that as part of their regulatory obligations AvaTrade and ICICI Direct have to offer a certain level of financial protection to their clients. AvaTrade and ICICI Direct should by law keep client funds separate from AvaTrade and ICICI Direct funds. If either AvaTrade or ICICI Direct goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the AvaTrade and ICICI Direct websites and regulators.

Are AvaTrade or ICICI Direct good for beginners?

AvaTrade and ICICI Direct offer low deposits and access to a selection of market insights and news resources. Both AvaTrade and ICICI Direct offer demo accounts. Demo trading accounts are a big plus for AvaTrade and ICICI Direct as it shows they are interested in their customers.