Tradeview vs Avatrade
Tradeview or AvaTrade – which is better for UK traders 2024? Compare Tradeview and AvaTrade in this detailed breakdown of their platforms, features and fees.
Tradeview | AvaTrade |
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Tradeview is ranked #33 among CFD brokers. | AvaTrade is ranked #1 among CFD brokers. |
Tradeview is an offshore forex and CFD broker based in the Cayman Islands and regulated by CIMA. Traders can access over 5000 instruments with a minimum deposit of $100. There are several third-party platforms on offer, including MetaTrader 4 (MT4) and cTrader. | 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. |
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money. | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CIMA, MFSA | ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM |
Mobile Apps | |
Yes | 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. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | Yes |
Margin Rate | |
2% | |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
Yes | No |
AlgoTrader | |
No | Yes |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | No |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Choose between manual and automated copy trading at with a range of leading market signals. | 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 | Yes |
VPS Hosting | |
No | 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 | |
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Commodities | |
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CFD | |
My tests uncovered around 100 CFD products covering forex, indices, commodities and cryptos. Leverage is available up to 1:400 and it’s good to see that scalping, hedging and EA strategies are permitted. | 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 | |
1:400 (CIMA), 1:30 (MFSA) | 1:30 (Retail) 1:400 (Pro) |
FTSE Spread | |
N/A | 0.5 |
GBPUSD Spread< | |
0.6 | 1.5 |
Oil Spread | |
0.5 | 0.02 |
Stocks Spread | |
Variable | 0.13 |
Forex | |
I’m happy with Tradeview’s strong range of 60+ currency pairs spanning majors, minors and exotics with competitive spreads from 0 pips in the $1000 ILC account. Traders can choose from several platforms, but I was particularly impressed with the feature-rich Currenex platform which is designed specifically for currency trading. | 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 | |
60 | 50+ |
GBPUSD Spread | |
0.6 | 1.5 |
EURUSD Spread | |
0.2 | 0.9 |
EURGBP Spread | |
0.7 | 1.5 |
Currency Indices | |
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Cryptocurrency | |
I found 5 crypto products at Tradeview: BTCUSD, ETHUSD, LTCUSD, XRPUSD and BTCJPY. Whilst this isn’t the widest range, beginners should have enough opportunities to explore the market. Plus, with STP/ECN execution, traders should be able to access relatively competitive prices. | Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a great range of digital currencies including Bitcoin, Ethereum and Ripple, plus a crypto index. You can access competitive crypto spreads in the broker's wide choice of platforms as well as 1:2 leverage. |
Spread | |
From $0.09 | BTC <1%, ETH 2% |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Tradeview | AvaTrade |
Risk Warning- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% - 89% of retail investors' accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89% of retail CFD accounts lose money. | |
More Comparisons | |
Tradeview vs |
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