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 |
AvaTrade offers competitive fee structures with spreads close to the industry average. Retail traders experience spreads of about 0.9 pips as of June 2024, which are slightly higher compared to entry-level accounts from CMC Markets and Tickmill. However, AvaTrade shines for professional traders; those who qualify for AvaTrade’s Professional account enjoy competitive spreads at 0.6 pips, which are on par with those provided by FP Markets. AvaTrade's competitive pricing earns it a solid rating of 4.5 stars for commissions and fees and ranks it 12th out of 63 brokers according to ForexBrokers.com.
FXOpen's fee structure is less transparent, as no specific average spread data for its offerings is available. Despite this lack of detailed information, FXOpen still provides a viable option for traders, achieving a respectable 4-star rating for commissions and fees. However, in terms of overall ranking, FXOpen falls behind AvaTrade, landing in 44th position out of 63 brokers assessed by ForexBrokers.com.
| 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 it comes to the range of available investments, both AvaTrade and FXOpen provide forex trading through CFDs or spot contracts, catering to different trading strategies. However, AvaTrade significantly outshines FXOpen with a substantial offering of 1,260 tradeable symbols compared to FXOpen's 87. Forex traders also have more variety with AvaTrade's 53 forex pairs, compared to the 25 pairs available with FXOpen. Neither broker offers clients the option to buy exchange-traded securities either on U.S. or international exchanges, such as shares of Apple or Vodafone. Both AvaTrade and FXOpen do provide cryptocurrency derivative trading, though neither allows for the purchase of actual cryptocurrencies.
Investors interested in social trading will find that both AvaTrade and FXOpen support copy trading, allowing clients to replicate the trades of successful traders. In terms of recognized industry rankings and ratings, AvaTrade is awarded 4 stars for its range of investments and holds the 32nd position out of 63 brokers on ForexBrokers.com. In comparison, FXOpen receives 3 stars and ranks 62nd. Overall, AvaTrade offers a wider and more diverse range of investment opportunities than FXOpen, making it a more favorable choice for traders seeking variety.
| 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.
When comparing AvaTrade and FXOpen, both brokers provide an environment rich in trading platforms and tools to enhance the trading experience. AvaTrade excels with its proprietary trading platform, while FXOpen relies on popular platforms but does not have an in-house one. Both offer a Windows-based desktop download and web-based trading platforms. They also support MetaTrader 4 and MetaTrader 5, ensuring a wealth of options for varied trading styles. In addition to these, AvaTrade stands out with its offerings of proprietary tools like DupliTrade, which FXOpen lacks, even though both support ZuluTrade for copy trading activities.
Moreover, AvaTrade and FXOpen both offer free virtual demo accounts and the functionality to trade directly from stock charts. Charting tools are reasonably comparable, with FXOpen providing 15 drawing tools compared to AvaTrade's 13. Each also supports well-organized watch lists with seven fields, allowing traders to keep an eye on essential market conditions effectively. However, when it comes to ratings, AvaTrade edges out with a 4.5-star rating against FXOpen’s 4 stars, also reflected in their rankings by ForexBrokers.com, with AvaTrade at #13 and FXOpen at #53 among 63 brokers.
| 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.
Both AvaTrade and FXOpen offer mobile trading apps available on iPhone and Android devices, ensuring flexibility and accessibility for traders on the go. Both platforms also provide price alerts and the ability to draw trendlines, along with viewing multiple time frames on charts. However, AvaTrade stands out by offering 73 technical studies for charting, compared to FXOpen's 30. Additionally, AvaTrade offers seamless watchlist symbol syncing, allowing updates made on the mobile app or online account to automatically sync, which is a feature not available with FXOpen.
Another appealing aspect of AvaTrade's mobile app is its higher user rating, scoring 4.5 out of 5 stars, while FXOpen's app is rated at 4 stars. Among 63 brokers reviewed by ForexBrokers.com, AvaTrade ranks #13, significantly ahead of FXOpen, which holds the #54 position. Although both apps allow for creating real-time quote watchlists, neither platform supports auto-saving of chart drawings. Overall, AvaTrade's mobile app provides a more comprehensive and user-friendly experience, making it a preferred choice for traders seeking a more feature-rich mobile trading solution.
| 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 the market research offerings of AvaTrade and FXOpen, potential investors can find distinct differences. AvaTrade shines with its comprehensive forex news from trusted sources like Bloomberg and Reuters, alongside its provision of Trading Central tools for technical analysis. It also offers a sentiment-based trading tool, which can be invaluable for traders looking to gauge market moods. Additionally, AvaTrade provides an economic calendar to keep investors informed about global news events. Although AvaTrade does not deliver daily market commentary, its overall research capabilities have earned it a respectable 4-star rating and a #34 ranking out of 63 brokers according to ForexBrokers.com.
In contrast, FXOpen provides its clients with daily market commentary, enhancing their daily insights into market movements. Like AvaTrade, FXOpen includes an economic calendar and offers direct forex news from tier-one sources. However, it lacks some advanced tools such as those from Trading Central and sentiment-based trading features, which are available with AvaTrade. FXOpen does not integrate tools from Autochartist or Acuity Trading either. These limitations contribute to its lower 3-star rating in the research category and a #63 ranking. Overall, while FXOpen offers some valuable insights, traders seeking a more detailed analysis might find AvaTrade's offerings more comprehensive.
| 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 for beginners, AvaTrade clearly stands out compared to FXOpen. AvaTrade offers a comprehensive selection of forex and CFD educational material, including over 10 articles, videos, and archived webinars. They also host monthly educational webinars and provide a searchable archive, allowing traders to access past sessions at their convenience. Beginners can benefit from over 10 dedicated video tutorials, making it easier to grasp the basics of trading. Additionally, AvaTrade caters to more seasoned traders with advanced educational videos. Both AvaTrade and FXOpen offer an investor dictionary with definitions of over 50 investing terms, providing valuable reference material for all traders.
FXOpen, in contrast, does not match the educational offerings provided by AvaTrade. The absence of a minimum of 10 educational pieces, regular webinars, or a searchable webinar archive might make it challenging for new traders to find learning opportunities. This disparity is reflected in their ratings; AvaTrade receives a commendable 4-star rating for education, compared to FXOpen's 3-star rating. Moreover, among 63 brokers evaluated by ForexBrokers.com, AvaTrade achieves an impressive rank of #2 in the Education category, while FXOpen ranks at #58. This detailed comparison highlights AvaTrade's superior support for beginners seeking to enhance their trading knowledge through a rich array of educational resources.
| 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 63 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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