TeraFX vs Avatrade

TeraFX or Avatrade – which is better for UK traders 2022? Compare TeraFX and Avatrade in this detailed breakdown of their platforms, features and fees.

TeraFX vs Avatrade Comparison Table 2022
TeraFX Avatrade
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading. Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4
FCA Regulated
✓ Yes ✗ No
Awards
  • Best Forex Broker 2019 - DayTrading.com
  • Best Trading App 2021 - DayTrading.com
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Stocks, Options, CFD, Forex
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
$100 $100
Payment Methods
Neteller, Skrill, Visa Bitcoin Payments, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Perfect Money, Skrill, Swift, Webmoney, Western Union, Wire Transfer
Minimum Trade
0.01 lots $1
Regulator
FCA CBoI, ASIC, FSB, ESMA
MetaTrader 4
✓ Yes ✓ Yes
MetaTrader 5
✗ No ✓ Yes
cTrader
✗ No ✗ No
DMA Account
✗ No ✓ Yes
ECN Account
✓ Yes ✓ Yes
Mobile Apps
Yes iOS and Android
Auto Trading
✓ Yes 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
✓ Yes ✓ Yes
CFD
Trade CFDs with leverage across multiple asset classes.
Leverage
1:30 Retail, 1:200 Professional 1:30
FTSE Spread
Floating 0.5 pt
GBPUSD Spread
Floating 1.0 var
Oil Spread
Floating 0.02
Stocks Spread
N/A 0.13 Abv Market
Forex
Trade 50+ forex pairs with 1:30 leverage. Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.
GBPUSD Spread
Floating 1.0 var
EURUSD Spread
Floating 0.7 var
EURGBP Spread
Floating 1.7 var
Assets
59 40+
Forex App

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.

TeraFX Avatrade
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