Plus500 or Avatrade – which is better for UK traders 2022? Compare Plus500 and Avatrade in this detailed breakdown of their platforms, features and fees.
An investor with a Plus500 account can trade CFDs on underlying financial instruments such as Forex, Stocks, Commodities, Cryptocurrency (Availability subject to regulation), Options and Indices. With tight spreads and no commission, they are a leading global brand.
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.
Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Perfect Money, Skrill, Swift, WebMoney, Western Union, Wire Transfer
Minimum Trade
Varies by asset
$.01
Regulator
FCA, MAS, CySec, ASIC, FSA
CBoI, ASIC, FSB, ESMA
MetaTrader 4
✗ No
✓ Yes
MetaTrader 5
✗ No
✓ Yes
cTrader
✗ No
✗ No
DMA Account
✗ No
✓ Yes
ECN Account
✗ No
✓ Yes
Mobile Apps
iOS, Android and Windows
iOS and Android
Auto Trading
✗ No
Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5
Trade Signals
✗ No
✗ No
Social Trading
✗ No
✓ Yes
Copy Trading
✗ No
✓ Yes
Islamic Account
✗ No
✓ Yes
CFD
CFD trading not offered
Leverage
1:30
1:30
FTSE Spread
Variable
0.5 pt
GBPUSD Spread
Variable
1.0 var
Oil Spread
Variable
0.02
Stocks Spread
Variable
0.13 Abv Market
Forex
Forex trading not offered
Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.
GBPUSD Spread
Variable
1.0 var
EURUSD Spread
Variable
0.7 var
EURGBP Spread
Variable
1.7 var
Assets
70+
40+
Forex App
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.
AvaTrade provide AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.
Cryptocurrency
CFDs in cryptocurrency and crypto indices trading offered - Availability subject of regulation