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AvaTrade vs Plus500 2021

Is AvaTrade better than Plus500? In our analysis of 23 international regulators across 50 brokers, AvaTrade is considered low-risk, with an overall Trust Score of 93 out of 99. Plus500 is considered low-risk, with an overall trust score of 98 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature AvaTrade Plus500
Overall 4 4
Commissions & Fees 4.5 4
Offering of Investments 4 4
Platforms & Tools 4 4
Mobile Trading 4 4
Research 3.5 3
Education 4.5 3
Trust Score 93 98
AvaTrade Review Plus500 Review
71% of retail CFD accounts lose money 72% of retail CFD accounts lose money

Regulation

Feature AvaTrade Plus500
Trust Score 93 98
Year Founded
2006 2008
Publicly Traded (Listed)
No Yes
Bank
No No
Tier-1 Licenses
3 3
Tier-2 Licenses
4 4
Tier-3 Licenses
1 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature AvaTrade Plus500
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
Yes No
MAS Authorised (Singapore)
No Yes
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
No Yes
CFTC Registered (USA)
No No

Tier-2 Licenses (Average Trust)

Feature AvaTrade Plus500
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes Yes
CBI Authorised (Ireland)
Yes No
ISA Authorised (Israel)
No Yes
FMA Authorised (New Zealand)
No Yes
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
Yes Yes
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature AvaTrade Plus500
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
Yes No
FSC Authorised (Mauritius)
No No

Investments

Feature AvaTrade Plus500
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
1260 1896
Forex Pairs (Total)
55 71
US Stock Trading (Non CFD)
No Yes
Int'l Stock Trading (Non CFD)
No Yes
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
Yes No

Cost

Feature AvaTrade Plus500
Average Spread EUR/USD - Standard
0.91 (August 2020) 0.6 (as of Aug 2018)
All-in Cost EUR/USD - Active
0.61 (August 2020) N/A
Active Trader or VIP Discounts
Yes No
Execution: Agency Broker
No No
Execution: Market Maker
Yes Yes

Funding

Feature AvaTrade Plus500
Minimum Deposit
$100.00 €100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature AvaTrade Plus500
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes No
MetaTrader 4 (MT4)
Yes No
MetaTrader 5 (MT5)
Yes No
cTrader
No No
DupliTrade
Yes No
ZuluTrade
Yes No

Trading Tools

Feature AvaTrade Plus500
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
6 9
Charting - Indicators / Studies (Total)
90 110
Charting - Drawing Tools (Total)
13 21
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature AvaTrade Plus500
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
73 110
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
Yes Yes

Research

Feature AvaTrade Plus500
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Weekly Webinars
No No
Autochartist
No No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes Yes
Economic Calendar
Yes Yes

Education

Feature AvaTrade Plus500
Has Education - Forex or CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes No

Major Forex Pairs

Feature AvaTrade Plus500
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

Overall

Feature AvaTrade Plus500
Overall 4 4
Commissions & Fees 4.5 4
Offering of Investments 4 4
Platforms & Tools 4 4
Mobile Trading 4 4
Research 3.5 3
Education 4.5 3
Trust Score 93 98
AvaTrade Review Plus500 Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare AvaTrade vs Plus500.

Does AvaTrade or Plus500 offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, AvaTrade offers better pricing overall for traders.

Is AvaTrade or Plus500 safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Both AvaTrade and Plus500 hold 3 global Tier-1 licenses. Both AvaTrade and Plus500 hold 4 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Plus500 earned a higher Trust Score than AvaTrade.

Which trading platform is better: AvaTrade or Plus500?
To compare the trading platforms of both AvaTrade and Plus500, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, AvaTrade offers a better experience. With research, AvaTrade offers superior market research. Finally, we found AvaTrade to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While AvaTrade offers copy trading, Plus500 does not. AvaTrade offers MetaTrader 4 (MT4), while Plus500 does not.

How many forex pairs and CFDs are available to trade?
Plus500 provides traders 71 currency pairs (e.g., EUR/USD) compared to AvaTrade's 55 available pairs. Forex pairs aside, Plus500 offers traders access to 1896 CFDs while AvaTrade has 1260 available CFDs, a difference of 636.

Can I trust AvaTrade?
AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and one tier-3 regulator (low trust). AvaTrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Japanese Financial Services Authority (JFSA), and via Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).

Can I trust Plus500?
Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Plus500 is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS).

Is AvaTrade good?
AvaTrade is a trusted global brand best known for offering traders an extensive selection of trading platform options. Our testing found AvaTrade to be great for copy trading, competitive for mobile, mostly in line with the industry average for pricing and research, and a winner for investor education.

Is Plus500 good?
Plus500 is a trusted global brand that offers online traders an easy-to-use trading platform and a thorough selection of CFD instruments. However, Plus500 trails industry leaders in market research and advanced trading tools desired by active traders.

Overall winner: AvaTrade

Read Next: Best Forex Brokers 2021


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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

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