Written by ForexBrokers.com
In this head to head comparison of AvaTrade vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor 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.
Founded in 2006, AvaTrade is a well-established online broker and is not publicly traded or a bank. AvaTrade stands out for its regulatory credentials, boasting four Tier-1 licenses, which signify a high level of trust according to ForexBrokers.com standards. Additionally, AvaTrade holds three Tier-2 licenses, further strengthening its regulatory standing. With a Trust Score of 94 out of 99, AvaTrade is considered highly trusted, making it an attractive option for traders seeking security and reliability.
FXOpen began its operations in 2003 and, like AvaTrade, is also not publicly traded or a bank. FXOpen holds two Tier-1 licenses, suggesting it maintains a reasonable level of trust. However, it lacks any Tier-2 licenses, which may influence traders seeking additional reassurance. Despite this, FXOpen's Trust Score stands at 76, indicating an average risk level. While FXOpen offers a long history in the market, those valuing regulatory strength might favor AvaTrade's more comprehensive licensing.
| Feature |
AvaTrade
|
FXOpen
|
|---|---|---|
| Year Founded | 2006 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing AvaTrade and FXOpen in terms of commissions and fees, AvaTrade offers spreads that are generally close to the industry average, at just under one pip (0.9 pips as of June 2024). Although these spreads are slightly higher than those provided by entry-level accounts from brokers like CMC Markets and Tickmill, AvaTrade compensates with competitive spreads of 0.6 pips for those who qualify as professional traders, making it a viable choice for more advanced participants. AvaTrade's commissions and fees score a commendable 4.5 out of 5 stars and are ranked 12th out of 62 brokers by ForexBrokers.com.
In contrast, FXOpen does not provide average spread data, which may make it more challenging for potential clients to evaluate its fee structure. Despite this lack of specific data, FXOpen achieves a respectable 4 out of 5-star rating for commissions and fees. However, when compared to its peers, FXOpen's ranking is lower, positioned at 45th out of 62 brokers according to ForexBrokers.com.
With these considerations, AvaTrade appears to offer a more transparent fee structure with competitive options for professional traders, aligning with its higher ratings and ranking. In contrast, FXOpen might appeal to those who prefer a general 4-star rated broker but should be weighed against other factors due to the absence of detailed average spread information.
| Feature |
AvaTrade
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.93 | N/A |
| All-in Cost EUR/USD - Active | 0.61 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by AvaTrade and FXOpen, it's clear that AvaTrade stands out with a more extensive selection. AvaTrade provides access to 1260 tradeable symbols, significantly surpassing FXOpen’s 87. Forex traders will find that AvaTrade offers 53 forex pairs, over double the 25 pairs available from FXOpen. Both brokers facilitate forex trading through CFDs or spot contracts and offer copy trading features, allowing clients to mimic the trades of successful investors. Additionally, both institutions enable clients to trade cryptocurrency derivatives rather than actual digital coins.
Neither AvaTrade nor FXOpen allows for the purchase of exchange-traded securities on U.S. or international exchanges, which means direct stock investment opportunities on platforms like NASDAQ or the London Stock Exchange are unavailable. Despite these similarities, AvaTrade edges ahead in overall range and variety, earning a 4-star rating for its investment options compared to FXOpen’s 3-star rating. According to ForexBrokers.com, AvaTrade ranks 32nd out of 62 brokers in the Range of Investments category, whereas FXOpen trails at 61st, reflecting AvaTrade’s broader selection of tradeable instruments for investors.
| Feature |
AvaTrade
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 87 |
| Forex Pairs (Total) | 53 | 25 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
AvaTrade and FXOpen both offer comprehensive trading platforms and tools for traders at different experience levels. Both brokers provide free virtual demo accounts, allowing users to engage in simulated trading to hone their skills without financial risk. AvaTrade stands out with its proprietary platform, a feature FXOpen does not have. Both brokers provide Windows-based desktop and web-based trading platforms, along with popular tools like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Copy trading is supported by both brokers, as is ZuluTrade, but only AvaTrade offers DupliTrade as an additional option. When it comes to charting, AvaTrade provides 13 drawing tools, slightly fewer than the 15 tools available with FXOpen.
Both AvaTrade and FXOpen allow users to trade directly from stock charts, enhancing user convenience. AvaTrade offers seven columns for watch lists, matching FXOpen in this area. However, when it comes to the overall rating for trading platforms and tools, AvaTrade scores higher with 4.5 stars as opposed to FXOpen's 4 stars. ForexBrokers.com ranks AvaTrade significantly higher at #13 out of 62 brokers in the trading platforms and tools category, while FXOpen is placed at #53. This suggests that AvaTrade may provide a slightly more advanced trading environment compared to FXOpen, particularly for those who prefer using a proprietary platform and additional trading tool options like DupliTrade.
| Feature |
AvaTrade
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | Yes | Yes |
| Charting - Indicators / Studies (Total) | 80 | 30 |
| Charting - Drawing Tools (Total) | 13 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both AvaTrade and FXOpen offer convenient solutions for iPhone and Android users. They support features like price alerts and real-time quotes, making it easy for traders to stay informed on the go. AvaTrade stands out with its ability to sync watchlist symbols between the mobile app and the client's online account, ensuring seamless access across devices. It also offers a notable 73 technical studies for charting, compared to FXOpen's 30, providing more tools for in-depth analysis. Both platforms allow drawing of trend lines and viewing of multiple time frames, yet neither saves chart drawings automatically.
In terms of ratings, AvaTrade shines with a 4.5-star rating for its mobile app, placing it at number 13 out of 62 brokers in ForexBrokers.com's ranking. FXOpen, while respectable, holds a 4-star rating and ranks at number 54. These ratings suggest that AvaTrade may offer a slightly more polished mobile trading experience. Whether it's the extensive technical studies or superior app integration, AvaTrade seems to cater to traders seeking a more comprehensive mobile trading tool. Meanwhile, FXOpen still provides a solid, accessible option for those exploring the world of mobile trading.
| Feature |
AvaTrade
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing AvaTrade and FXOpen, there are notable differences in the research tools and services each online broker provides. AvaTrade stands out with its offering of forex news from reputable sources like Bloomberg and Reuters, as well as its inclusion of Technical Analytics from Trading Central. This equips traders with valuable insights and advanced tools for informed decision-making. AvaTrade also provides a sentiment-based trading tool, which allows traders to gauge the market mood, along with an economic calendar to keep track of vital global economic events. In contrast, while FXOpen also offers news from top-tier sources and an economic calendar, it lacks some of the advanced tools that are available with AvaTrade, such as those from Trading Central and the sentiment tools.
AvaTrade generally receives favorable ratings for its research offerings, earning 4 out of 5 stars according to ForexBrokers.com, and ranking 34th among 62 brokers. FXOpen, while offering daily market commentary, does not have the same depth in specialized research tools, resulting in a slightly lower rating of 3 out of 5 stars and a rank of 62nd in the same category. This comparison highlights AvaTrade’s comprehensive approach to research support compared to FXOpen, providing traders with more resources to enhance their trading experience.
| Feature |
AvaTrade
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources tailored for beginners, AvaTrade stands out as a strong choice. AvaTrade provides an extensive array of materials, offering more than 10 educational pieces focused on forex and CFDs, including articles, videos, and archived webinars. Additionally, AvaTrade hosts monthly online educational webinars and provides a searchable archive of past sessions, making it easy for learners to access valuable information at their convenience. For those just starting, AvaTrade also offers more than 10 beginner-focused educational videos. This range of offerings has earned AvaTrade a four-star rating for education, ranking it second out of 62 brokers according to ForexBrokers.com.
In contrast, FXOpen provides fewer educational resources for beginners. Although FXOpen offers an investor dictionary with definitions of over 50 investing terms, it falls short in other areas. The broker does not meet the criteria for offering a minimum of 10 educational pieces dedicated to forex or CFDs, nor does it provide monthly webinars or an archive of recorded sessions. FXOpen also lacks the requisite number of beginner-focused videos, and this contributes to its lower three-star education rating. Consequently, FXOpen ranks 58th out of 62 brokers in the education category as per ForexBrokers.com, highlighting a gap in the depth of educational support compared to AvaTrade.
| Feature |
AvaTrade
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that AvaTrade is better than FXOpen. AvaTrade finished with an overall rank of #13, while FXOpen finished with an overall rank of #54.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
|
FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 76 |
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Both AvaTrade and FXOpen do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide the option to trade cryptocurrency derivatives.
When choosing between online brokers AvaTrade and FXOpen, it's worth noting that while both brokers support Skrill, Visa or Mastercard, and bank wire transfers for account funding and withdrawals, AvaTrade additionally offers PayPal, a service not available with FXOpen, whereas neither broker supports ACH or SEPA transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | AvaTrade | FXOpen | |
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| Trust Score | 94 | 76 | |
| Winner | check_circle | ||
| Review | AvaTrade Review |
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| Regulation | AvaTrade | FXOpen | |
|---|---|---|---|
| Trust Score | 94 | 76 | |
| Year Founded | 2006 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | AvaTrade | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | AvaTrade | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 87 | |
| Forex Pairs (Total) | 53 | 25 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | AvaTrade | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | N/A | |
| All-in Cost EUR/USD - Active | 0.61 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | AvaTrade | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | Yes | Yes |
| Trading Tools | AvaTrade | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 30 | |
| Charting - Drawing Tools (Total) | 13 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | AvaTrade | FXOpen | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | AvaTrade Review |
| Overall | AvaTrade | FXOpen | |
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| Trust Score | 94 | 76 | |
| Winner | check_circle | ||
| Review | AvaTrade Review |
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