Written by ForexBrokers.com
In this head to head comparison of AvaTrade vs TopFX, 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.
AvaTrade, founded in 2006, and TopFX, established in 2010, are both online brokers not publicly traded or affiliated with any bank. When comparing their regulatory standings, AvaTrade stands out with four Tier-1 licenses and a ForexBrokers.com Trust Score of 94, classifying it as highly trusted. In contrast, TopFX holds one Tier-1 license and falls into the high-risk category with a Trust Score of 67.
In terms of Tier-2 licenses, AvaTrade maintains three, signifying an additional layer of trust, while TopFX does not have any Tier-2 licenses. These differences highlight AvaTrade as more favorable when it comes to trust and regulation according to industry standards. This information is crucial for traders seeking secure and reliable brokerage services.
| Feature |
AvaTrade
|
TopFX
|
|---|---|---|
| Year Founded | 2006 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
AvaTrade earns 4.5/5 stars and ranks #13 out of 63 for commissions and fees. Its typical spread on EUR/USD was 0.9 pips as of June 2024—close to the industry average, though a touch higher than some entry-level leaders. Traders who qualify for AvaTrade’s Professional account can see spreads around 0.6 pips, which is more competitive.
TopFX holds a 4/5 star rating and ranks #41 out of 63. It offers two pricing setups across MetaTrader and cTrader: the commission-free ZERO account with average EUR/USD spreads of 1.03 pips (July 2024), and the RAW account with a 2.75 EUR per side commission (5.50 EUR round turn per standard lot). On RAW, the average EUR/USD spread was 0.33 pips in July 2024, and when you add the commission (about 0.55 pips per round turn), the all-in cost comes to roughly 0.88 pips—right around the industry average. The minimum deposit varies by payment method.
Bottom line: for EUR/USD, TopFX’s RAW account all-in cost (about 0.88 pips) is effectively neck and neck with AvaTrade’s typical 0.9-pip spread, while TopFX’s ZERO account comes in higher at 1.03 pips. If you qualify for AvaTrade’s Professional account, its 0.6-pip pricing can be sharper; otherwise, both brokers land near the industry average on standard pricing.
| Feature |
AvaTrade
|
TopFX
|
|---|---|---|
| Minimum Deposit | $100 | Depends on payment method |
| Average Spread EUR/USD - Standard | 0.93 | 1.03 |
| All-in Cost EUR/USD - Active | 0.61 | 0.88 |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
AvaTrade vs TopFX: both brokers let you trade forex as CFDs or via spot-style contracts. AvaTrade lists 1,260 tradeable symbols, giving you a wider menu across asset classes, while TopFX offers 655. If your main focus is currency trading, TopFX has a slight edge with 60 forex pairs compared to AvaTrade’s 53. For investors who want more markets beyond forex, AvaTrade’s larger catalog may be the better fit.
Neither broker lets you buy actual exchange-traded stocks on U.S. or international exchanges, and neither supports buying real cryptocurrency; instead, both offer crypto derivatives. Copy trading is available with both. In our ratings, AvaTrade earns 4 stars and ranks 33rd out of 63 brokers for Range of Investments, while TopFX earns 3.5 stars and ranks 47th, reflecting AvaTrade’s broader overall selection.
| Feature |
AvaTrade
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 655 |
| Forex Pairs (Total) | 53 | 60 |
| 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). | 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 vs TopFX: both brokers make it easy to get started with a free demo account for paper trading, and each supports web-based and Windows desktop platforms. You can place trades straight from charts with both, and they each offer copy trading and MetaTrader 4 (MT4). Where they differ is platform range: AvaTrade adds a proprietary, in-house platform and MetaTrader 5 (MT5), while TopFX does not offer its own platform and does not support MT5.
If platform choice and tools matter most, AvaTrade has the edge. ForexBrokers.com rates AvaTrade 4.5 out of 5 (ranked 13th of 63 brokers) for Trading Platforms and Tools, compared with TopFX at 4 out of 5 (ranked 46th of 63). Traders who want MT5 or an extra in-house platform will prefer AvaTrade, while MetaTrader 4 users can work with either broker through the web or Windows desktop.
| Feature |
AvaTrade
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 | No |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 80 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
AvaTrade and TopFX both offer mobile trading apps for iPhone and Android, with price alerts and real-time watchlists to help you track markets on the go. The key difference is syncing: the AvaTrade mobile app syncs your watchlists with your web account, while the TopFX app does not. For charting, AvaTrade packs in 73 technical indicators (studies) versus 30 on TopFX. Both apps let you draw trendlines and switch between multiple time frames. If you care about auto-saving chart drawings, TopFX has that feature; AvaTrade does not.
In independent ratings, AvaTrade’s mobile trading app scores 4.5 out of 5 stars and ranks #13 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while TopFX earns 4 stars and ranks #52. In short, the AvaTrade mobile app is stronger for in-depth charting and synced watchlists, whereas the TopFX mobile app may appeal if auto-saving your chart annotations is a priority.
| Feature |
AvaTrade
|
TopFX
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
AvaTrade and TopFX each deliver core market research tools that help everyday traders. Neither broker publishes daily market commentary, but both stream forex news from top-tier sources such as Bloomberg or Reuters and include an economic calendar. Each integrates Trading Central for technical and fundamental insights and provides a sentiment tool showing long/short ratios across instruments. The key difference is Autochartist: TopFX offers Autochartist pattern recognition, while AvaTrade does not.
Third-party extras are limited: AvaTrade does not include TipRanks or Acuity Trading, and TopFX’s support for those providers is not specified. Based on ratings, AvaTrade scores 4 stars for Research and ranks #35 of 63 brokers at ForexBrokers.com, while TopFX earns 3 stars and ranks #61 of 63. If Autochartist matters most, TopFX has the edge; if overall research quality and ranking are your priority, AvaTrade comes out ahead.
| Feature |
AvaTrade
|
TopFX
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
AvaTrade offers more beginner-friendly learning than TopFX. AvaTrade runs at least one education-focused webinar each month and has 10+ beginner videos plus 10+ advanced videos. It earns 4 out of 5 stars for Education and ranks #2 of 63 brokers with ForexBrokers.com. TopFX does not host monthly webinars and does not meet the 10-video threshold for beginner or advanced topics; it’s rated 3 out of 5 stars and ranks #62 of 63. It’s not specified whether either broker provides a minimum of 10 forex/CFD educational pieces overall, whether they keep a searchable archive of past webinars, or whether they offer an investor dictionary with 50+ terms.
If you’re new to trading and want step-by-step videos plus regular live sessions, AvaTrade is the stronger pick. TopFX may suit self-directed learners who need fewer materials, but beginners looking for structured lessons and ongoing guidance will likely find AvaTrade’s education more helpful.
| Feature |
AvaTrade
|
TopFX
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) [DELETED] |
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 TopFX. AvaTrade finished with an overall rank of #13, while TopFX finished with an overall rank of #62.
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
|
TopFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 67 |
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Both AvaTrade and TopFX do not provide the option to purchase actual delivered cryptocurrency, but they do offer the ability to buy cryptocurrency derivatives, allowing traders to speculate on price movements without owning the underlying asset.
AvaTrade and TopFX both provide the ability to deposit or withdraw account funds via PayPal, Skrill, Visa or Mastercard, and bank wires, but neither offers ACH or SEPA transfers as an option.
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 | TopFX | |
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| Trust Score | 94 | 67 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | TopFX Review |
| Broker Screenshots | AvaTrade | TopFX | |
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| Regulation | AvaTrade | TopFX | |
|---|---|---|---|
| Trust Score | 94 | 67 | |
| Year Founded | 2006 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | TopFX | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| 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 | TopFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | AvaTrade | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 655 | |
| Forex Pairs (Total) | 53 | 60 | |
| 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). | 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 | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | 1.03 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.88 | |
| Active Trader or VIP Discounts [DELETED] | |||
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | TopFX | |
|---|---|---|---|
| Minimum Deposit | $100 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | AvaTrade | TopFX | |
|---|---|---|---|
| Proprietary Desktop Trading 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 | No | |
| cTrader | No | Yes | |
| DupliTrade [DELETED] | |||
| ZuluTrade [DELETED] |
| Trading Tools | AvaTrade | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Watchlists - Total Fields [DELETED] | |||
| Charting - Indicators / Studies (Total) | 80 | 30 | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | TopFX | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | TopFX | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | TopFX | |
|---|---|---|---|
| Education (Forex or CFDs) | |||
| Webinars | Yes | No | |
| Client Webinars (Archived) [DELETED] | |||
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) [DELETED] |
| Major Forex Pairs | AvaTrade | TopFX | |
|---|---|---|---|
| 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 | TopFX Review |
| Overall | AvaTrade | TopFX | |
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| Trust Score | 94 | 67 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | TopFX Review |
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