InstaForex vs Avatrade
InstaForex or AvaTrade – which is better for UK traders 2024? Compare InstaForex and AvaTrade in this detailed breakdown of their platforms, features and fees.
InstaForex | AvaTrade |
---|---|
InstaForex is ranked #16 among CFD brokers. | AvaTrade is ranked #1 among CFD brokers. |
InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to over 7 million clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs. Traders can also access copy trading services, PAMM accounts and investment opportunities. InstaForex is regulated by the BVI FSC. | AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for trading, alongside a comprehensive education center and multilingual customer support. |
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
FCA Regulated | |
No | No |
Instruments | |
Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting |
Bonus | |
Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses | |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$1 | $100 |
Payment Methods | |
Minimum Trade | |
0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica) | 0.01 Lots |
Regulator | |
BVI FSC | ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM |
Mobile Apps | |
iOS and Android + browser based platform | iOS & Android |
Trading App | |
AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that’s not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that’s rare to find elsewhere. |
|
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
2% | |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | Yes |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | Yes |
STP Account | |
No | Yes |
ECN Account | |
Yes | No |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
Yes | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
The Copy Trading facility at Instaforex is increasingly popular, due to the clear design and growing list of specialist traders and markets. | AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$50 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
|
|
Commodities | |
|
|
CFD | |
You can trade CFDs across a range of diverse markets with flexible account types and leverage up to 1:1000. With access to both MT4 and MT5, traders can execute multiple short-term CFD trading strategies using the dozens of pre-integrated technical indicators and graphical objects. | AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on underlying assets in the broker’s feature-rich web and mobile platforms with market-leading research tools to help discover opportunities. |
Leverage | |
1:30 for retail clients, 1:500 for professional | 1:30 (Retail) 1:400 (Pro) |
FTSE Spread | |
Fixed | 0.5 |
GBPUSD Spread< | |
Av. Floating 0.6 pips | 1.5 |
Oil Spread | |
Fixed | 0.02 |
Stocks Spread | |
Commissions as low as 0.1% | 0.13 |
Forex | |
InstaForex's range of 100+ currency pairs is among the largest we have seen. ECN spreads are also available from 0.0 pips with zero commissions. Minimum deposits start from $1 making the broker accessible for beginners. You can also access market-leading forex analysis and insights. | AvaTrade offers 50+ currency pairs with competitive spreads from 0.9 pips and zero commissions. You can trade majors, minors and exotics around the clock on industry-leading platforms, including MT4 and MT5. Traders can also access beginner-friendly trading tools and comprehensive forex education. |
Assets | |
1000+ | 50+ |
GBPUSD Spread | |
Av. Floating 0.6 | 1.5 |
EURUSD Spread | |
Av. Floating 0.2 | 0.9 |
EURGBP Spread | |
Av. Floating 0.5 | 1.5 |
Currency Indices | |
|
|
InstaForex | AvaTrade |
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone. | |
More Comparisons | |
InstaForex vs |
AvaTrade vs |