Plus500 or Avatrade – which is better for UK traders 2021? 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 regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
Bitcoin Payments, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Perfect Money, Skrill, Swift, Webmoney, Western Union, Wire Transfer
Minimum Trade
Varies by asset
$1
Regulator
FCA, MAS, CySec, ASIC, ESMA
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
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
Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account.
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