Our ForexBrokers.com team spent seven months and hundreds of hours assessing 20 different forex broker accounts
for trading FX. In total, over 5,000 data points were collected. For this review, we will compare AvaTrade vs KVB Kunlun .
To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. Both AvaTrade and KVB Kunlun hold a 3.00 star rating.
Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. Both AvaTrade and KVB Kunlun are regulated in a major hub. KVB Kunlun is a publicly traded company while AvaTrade is not. How many currency pairs are available to trade? KVB Kunlun trails AvaTrade by 28 total currency pairs (for example, EUR/USD), with AvaTrade offering 59 and KVB Kunlun offering 31.
To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. AvaTrade alongside KVB Kunlun offer Meta Trader. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. Both brokers offer clients access to the same number of charting tools, 31. Both brokers offer clients access to the same number of indicators (eg, moving averages), 51.
Overall, AvaTrade takes the upper hand with 3.50 stars over KVB Kunlun 's 3.00 stars. And, when it comes to individual category awards, neither AvaTrade nor KVB Kunlun were rated Best in Class - Platforms & Tools, Best in Class - Research, Best in Class - Customer Service, Best in Class - Active Trading, Best in Class - Mobile Trading and Best in Class - Investor Education.