Norvik Forex Vs AvaTrade

How Norvik Forex and AvaTrade Compare in 2024

Norvik Forex or AvaTrade who is better?

Compare NORVIK FOREX Versus AVATRADE and IC Markets broker accounts.


Compare Norvik Forex Vs AvaTrade Side by Side

So you are looking for a broker, Norvik Forex or AvaTrade who should you choose?

When trading on financial markets you will want to know all about who Norvik Forex or AvaTrade are, and how they compare. You will naturally want to know how long Norvik Forex and AvaTrade have been in business and what reputation Norvik Forex and AvaTrade have. On top of this, you will need to discover if Norvik Forex and AvaTrade match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how Norvik Forex and AvaTrade compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of Norvik Forex and AvaTrade side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing Norvik Forex and AvaTrade. By comprehensively comparing Norvik Forex and AvaTrade features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with Norvik Forex, AvaTrade or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on Norvik Forex and AvaTrade. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the Norvik Forex platform or AvaTrade that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


Norvik Forex

(3/5)
Benefits of Norvik Forex?
  • Established in 2008
  • Norvik Forex have been in business for 16 years.
  • Head quarters in Latvia.
  • Live Chat
  • Norvik Forex Min deposit $100
Norvik Forex screenshot
Reputation Support
Good
Good

Norvik Forex Regulation

Norvik Forex is regulated by the Financial and Capital Market Commission (FCMC).

Excluded Countries

Norvik Forex Fees

Deposit fee
Commission
Inactivity fee
Withdrawal fee varies
Min trade varies
Max trade varies
Min deposit $100
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies

Norvik Forex Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Norvik Forex Platforms

Mac,iPhone,iPad,WEB,Desktop

Norvik Forex Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See Norvik Forex
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Norvik Forex
instruments here
Your capital is at risk

Norvik Forex Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Norvik Forex website. Our records were last updated on .

Visit Norvik Forex today
Your capital is at risk

AvaTrade

(4/5)
Benefits of AvaTrade?
  • Established in 2006
  • AvaTrade have been in business for 18 years.
  • Head quarters in Ireland .
  • Live Chat
  • Segregates clients funds
  • AvaTrade Min deposit $100
AvaTrade screenshot AvaTrade sign up here
71% of retail investor accounts lose money when trading CFDs with this provider
Reputation Support
Great
Great

AvaTrade Regulation

AvaTrade is regulated by the 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.

Excluded Countries

BE, BR, KP, NZ, TR, US, CA, SG

AvaTrade Fees

Deposit fee No
Commission No
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $100
View all spreads
& fees here
71% of retail investor accounts lose money when trading CFDs with this provider

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all AvaTrade
funding options here
71% of retail investor accounts lose money when trading CFDs with this provider

AvaTrade Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

AvaTrade Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

AvaTrade Languages

Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish

See AvaTrade
features here
71% of retail investor accounts lose money when trading CFDs with this provider

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See AvaTrade
instruments here
71% of retail investor accounts lose money when trading CFDs with this provider

AvaTrade Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the AvaTrade website. Our records were last updated on .

Visit AvaTrade today
71% of retail investor accounts lose money when trading CFDs with this provider

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

Norvik Forex Vs AvaTrade Table of Contents

Norvik Forex and AvaTrade in Detail

Norvik Forex Review Screenshot

The Norvik Forex online trading platform gives traders from all over the world access to over 177 financial instruments including over 1,250 available instruments. There are over 10,000+ registered customers that have taken advantage of the Norvik Forex platform.

Norvik Forex are regulated by Financial and Capital Market Commission (FCMC).

Norvik Forex Review Screenshot

AvaTrade is a renowned Ireland financial trading brokerage established in 2006.

AvaTrade serves customers globally and are regulated by 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. Depending on the country you are trading from Norvik Forex may serve you from a different business entity to comply with its financial regulators.

AvaTrade 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. Norvik Forex is listed as a publically traded company so are a reputable broker.

AvaTrade is a popular well known financial trading platform serving over 300,000 customers.

Benefits of Norvik Forex and AvaTrade Compared

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

Norvik Forex offers a minimum deposit of 100 while AvaTrade have a 100 minimum deposit.

Why smaller trading deposits are good and how Norvik Forex and AvaTrade compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Norvik Forex or AvaTrade. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Norvik Forex requires a minimum deposit of 100, whereas AvaTrade mandates a minimum deposit of 100. 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 Norvik Forex or AvaTrade, 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.

Norvik Forex allows traders to trade up to 177 financial instruments while AvaTrade have around 1,250 on their trading platform.

The more instruments available on Norvik Forex and AvaTrade 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 Norvik Forex or AvaTrade.

The Norvik Forex trading platform has 0 stocks listed while AvaTrade has 1,000 stocks listed.

Norvik Forex allows retail traders to trade the following assets Forex trading, on the Norvik Forex Mac,iPhone,iPad,WEB,Desktop trading platforms.

Alternatively AvaTrade allows retail traders to trade Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading on the AvaTrade Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 trading platforms.

Compare Norvik Forex and AvaTrade in more detail below.

Drawbacks of Norvik Forex and AvaTrade Compared

Below we compare what drawbacks Norvik Forex and AvaTrade have side by side.

Various potential downsides can be associated with certain brokers, including Norvik Forex and AvaTrade. 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 Norvik Forex compared to AvaTrade. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Norvik Forex versus AvaTrade.

Broker norvikforex AvaTrade IC Markets
Inactivity Fees No No
Withdrawl Fees varies No No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 100 100 200
Social Trading No Yes Yes
Excluded Countries BE, BR, KP, NZ, TR, US, CA, SG US, IR, CA, NZ, JP

Norvik Forex Vs AvaTrade 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 Norvik Forex or AvaTrade. A diversified portfolio with Norvik Forex or AvaTrade 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 Norvik Forex or AvaTrade, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Norvik Forex and AvaTrade.

Broker norvikforex AvaTrade IC Markets
Instruments Available 177 1250 2250
Offers share dealing No No Yes
Number of Shares 0 1,000 2,100
Offers US Stocks No Yes Yes
Offers UK Stocks No Yes Yes
Offers German Stocks No Yes Yes
Offers Japanese Stocks No Yes Yes
Offers Indices Trading No Yes Yes
Number of Commodities 0 17 20
Offers Metals Commodities No Yes Yes
Offers Energy Commodities No Yes Yes
Offers Agricultural Commodities No Yes Yes
Offers Forex Trading No Yes Yes
Number of Forex Pairs 55 61
Offers Major Forex Pairs No Yes Yes
Offers Minor Forex Pairs No Yes Yes
Offers Exotic Forex Pairs No Yes Yes
Offers CFD Trading No Yes Yes
Offers Social Trading No Yes Yes

Norvik Forex Vs AvaTrade Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Norvik Forex and AvaTrade, 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 Norvik Forex and AvaTrade 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 Norvik Forex or AvaTrade 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 Norvik Forex or AvaTrade could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Norvik Forex, AvaTrade, and all brokers are subject to regulation.

We compare Norvik Forex vs AvaTrade Crypto options below side by side.

Broker norvikforex AvaTrade IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No Yes Yes
Cryptocurrencies Offered BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

Norvik Forex Vs AvaTrade Commission and Fees

knowing your trading and commission fees with Norvik Forex vs AvaTrade is extremely important. For the majority of the Norvik Forex 177 financial instruments and AvaTrade 1,250 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 Norvik Forex and AvaTrade. 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 Norvik Forex and AvaTrade before you invest because you must know what you are paying.

You ideally want to choose a broker like Norvik Forex or AvaTrade that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with Norvik Forex or AvaTrade. 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 Norvik Forex and AvaTrade fees, of course. Make sure you do your research and check the commission and fees with both Norvik Forex and AvaTrade 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 Norvik Forex or AvaTrade be aware of or 3rd party payment provider fees and currency conversion fees.

Norvik Forex does charge inactivity fees, while AvaTrade does not charge inactivity fees.

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

Usually, the associated fees for dormant Norvik Forex or AvaTrade 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 Norvik Forex or AvaTrade trading account activity to avoid any unnecessary fees or charges.

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

Let's see how Norvik Forex vs AvaTrade compare side by side for commissions and fees.

Broker norvikforex AvaTrade IC Markets
Min Deposit 100 100 200
Inactivity Fees No No
Withdrawal Fees varies No No
Deposit Fees No Varies

Norvik Forex Vs AvaTrade 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 Norvik Forex and AvaTrade 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 Norvik Forex or AvaTrade demo account.

Broker norvikforex AvaTrade IC Markets
Offers MT4 No Yes Yes
Offers MT5 No Yes Yes
Offers cTrader No No Yes

Norvik Forex Vs AvaTrade Mobile Trading

Trading on your mobile with Norvik Forex and AvaTrade 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 Norvik Forex and AvaTrade mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Norvik Forex or AvaTrade. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Norvik Forex or AvaTrade can help limit your risk and trade on the move.

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

Broker norvikforex AvaTrade IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes
Android Trading App Yes Yes
Microsoft Trading App No Yes

Norvik Forex Vs AvaTrade Trading Account Types Offered

Norvik Forex Vs AvaTrade Demo Account

A demo account with Norvik Forex or AvaTrade 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 Norvik Forex and AvaTrade demo account.

Norvik Forex Vs AvaTrade 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 Norvik Forex or AvaTrade 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.

Norvik Forex does not offer clients Micro accounts, while AvaTrade does offer clients Micro accounts.

Norvik Forex Vs AvaTrade Standard Account

A standard account is available on Norvik Forex and AvaTrade 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.

Both Norvik Forex and AvaTrade do offer clients Standard accounts.

Norvik Forex Vs AvaTrade 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 Norvik Forex or AvaTrade or alternative.

Norvik Forex does not offer clients MAM accounts, while AvaTrade does offer clients MAM accounts.

Norvik Forex Vs AvaTrade 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 Norvik Forex or AvaTrade or alternative.

Norvik Forex does offer clients ECN accounts, while AvaTrade does not offer clients ECN accounts.

Norvik Forex Vs AvaTrade 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 Norvik Forex or AvaTrade or alternative.

Norvik Forex does not offer clients Islamic accounts, while AvaTrade does offer clients Islamic accounts.

Norvik Forex Vs AvaTrade 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 Norvik Forex or AvaTrade or alternative.

Norvik Forex does offer clients STP accounts, while AvaTrade does not offer clients STP accounts.

Norvik Forex Vs AvaTrade 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.

Norvik Forex does not offer clients Managed accounts, while AvaTrade does offer clients Managed accounts.

Broker norvikforex AvaTrade IC Markets
Offers Demo Accounts No Yes Yes
Offers Micro Accounts No Yes No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No Yes Yes
Offers ECN Accounts Yes No No
Offers Islamic Accounts No Yes Yes
Offers STP Accounts Yes No No
Offers Managed Accounts No Yes No

Norvik Forex Vs AvaTrade Withdrawal and Funding Methods

Norvik Forex and AvaTrade have multiple deposit and withdrawal options. Funding and withdrawing from your Norvik Forex and AvaTrade accounts to your chosen payment method should be straightforward. Lets see how Norvik Forex and AvaTrade 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 Norvik Forex or AvaTrade.

Broker norvikforex AvaTrade IC Markets
Payment Methods Skrill, Neteller, Credit cards, Wire Transfer, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer, DinPay, FasaPay, MoneyBrokers, Safecharge, VoguePay, Skrill, F2P CUP, Paysec, G-Card, UnionPay, Tranzilla, Veritrans, POLI, Ideal, Klarna, Rapid Transfer, WebMoney, Perfect Money, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

Norvik Forex Vs AvaTrade Customer Support Compared

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

Norvik Forex Vs AvaTrade Live Chat

Live chat is important for several reasons. When you encounter a problem with Norvik Forex or AvaTrade 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.

Both Norvik Forex and AvaTrade offer livechat support.

Norvik Forex Vs AvaTrade Email Support

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

Both Norvik Forex and AvaTrade offer email support.

Norvik Forex Vs AvaTrade 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 Norvik Forex or AvaTrade. We can get straight to the point, saving us time and frustration.

Both Norvik Forex and AvaTrade offer phone support.

Lets see how Norvik Forex and AvaTrade customer support compare side by side.

Broker norvikforex AvaTrade IC Markets
Offers Live Chat Yes Yes Yes
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone +371 67 041 185 (44) (0) 8005200423 No

Norvik Forex Vs AvaTrade 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 Norvik Forex and AvaTrade 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 Norvik Forex or AvaTrade have these in place, please be extremely cautious before you proceed with them.

We compare Norvik Forex Vs AvaTrade financial regulation and licensing side by side below.

Broker norvikforex AvaTrade IC Markets
FCA Regulation No No No
CySEC Regulation No No Yes
MiFID Regulation No No No
ASIC Regulation No Yes Yes
FSCA Regulation No Yes No
DFSA Regulation No No No
MAS Regulation No No No

Norvik Forex Vs AvaTrade Risk Management Features

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

We compare side by side the trading risk management features offered by Norvik Forex and AvaTrade below.

Norvik Forex Vs AvaTrade 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.

Norvik Forex does not offer clients hedging, while AvaTrade does offer clients hedging.

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

Norvik Forex Vs AvaTrade 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 Norvik Forex and AvaTrade do offer clients limit orders.

Norvik Forex Vs AvaTrade 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.

Both Norvik Forex and AvaTrade do offer clients negative balance protection.

Broker norvikforex AvaTrade IC Markets
Offers Hedging No Yes Yes
Negative Balance Protection Yes Yes
Guaranteed Stop Loss No No
Offers Limit Orders Yes Yes
Offers Trailing Stops Yes Yes

Norvik Forex Vs AvaTrade Verdict

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

When choosing a broker like Norvik Forex or AvaTrade for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Norvik Forex or AvaTrade 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 Norvik Forex or AvaTrade, 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 Norvik Forex or AvaTrade.

Also, before you sign up with online brokers like Norvik Forex or AvaTrade, 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 Norvik Forex or AvaTrade before investing money into something.

Beware of the risks that come with trading with Norvik Forex or AvaTrade. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Norvik Forex and AvaTrade educational resources and financial research tools. If you are new to trading, sign up for a demo account with Norvik Forex and AvaTrade 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 Norvik Forex or AvaTrade 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 Norvik Forex and AvaTrade 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 Norvik Forex or AvaTrade if your investment strategy is more long-term.

Norvik Forex and AvaTrade Alternatives

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

Other Norvik Forex and AvaTrade Vs Comparisons

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

Norvik Forex Vs Alternatives

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

AvaTrade Vs Alternatives

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

Norvik Forex Vs AvaTrade Frequently Asked Questions

We answer some of the most frequently asked Norvik Forex Vs AvaTrade questions below.

Is Norvik Forex any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is Norvik Forex legit? - Norvik Forex are regulated by Financial and Capital Market Commission (FCMC) and have been in business since 2008

Is AvaTrade any Good?

AvaTrade are regulated by 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 and have been in business since 2006.

Which is better Norvik Forex or AvaTrade?

Norvik Forex does not have a high rating, while AvaTrade does not have a high rating.

Is Norvik Forex a con?

Norvik Forex is regulated by Financial and Capital Market Commission (FCMC) and have been in business since 2008. We recommend looking at a Norvik Forex alternative that has more financial regulation.

Is AvaTrade a con?

AvaTrade is regulated by 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 and have been in business since 2006. We recommend looking at a AvaTrade alternative that has more financial regulation.

What happens if Norvik Forex or AvaTrade go bust?

Norvik Forex and AvaTrade are regulated, which means that as part of their regulatory obligations Norvik Forex and AvaTrade have to offer a certain level of financial protection to their clients. Norvik Forex and AvaTrade should by law keep client funds separate from Norvik Forex and AvaTrade funds. If either Norvik Forex or AvaTrade 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 Norvik Forex and AvaTrade websites and regulators.

Are Norvik Forex or AvaTrade good for beginners?

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


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