AvaTrade
FXTM
VS
Higher Rated
AvaTrade
Capital at risk · T&Cs apply
In the competitive landscape of forex and CFD trading, AvaTrade and FXTM present distinct offerings tailored to different trader needs. AvaTrade, with its headquarters in Dublin, Ireland, offers a broad range of markets including forex, crypto, and commodities, appealing to traders seeking a commission-free environment and robust educational resources. In contrast, FXTM, based in Cyprus, attracts traders with its very low minimum deposit and competitive spreads starting at 0.1 pips, making it particularly appealing for those in Africa and Asia. Key differences include AvaTrade's wider spreads and no stock trading other than CFDs, whereas FXTM offers high leverage and a variety of account types, albeit with a commission on trades and limited cryptocurrency options.
AvaTrade
FXTM
| AvaTrade | FXTM | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $100 | $10 ✓ |
| Spread from | 0.9 pips | 0.1 pips ✓ |
| Max Leverage | 1:400 | 1:2000 ✓ |
| Regulation | FCA, ASIC, MAS | FCA, CySEC, FSCA |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5 |
AvaTrade is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowAvaTrade
WinnerFXTM
AvaTrade
FXTM
AvaTrade
4.0/5
Choose AvaTrade if you want…
FXTM
3.6/5
Choose FXTM if you want…
AvaTrade scores higher overall on our independent rating system. AvaTrade holds a 4.0/5 rating vs FXTM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
AvaTrade offers spreads from 0.9 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
AvaTrade requires a minimum deposit of $100. FXTM requires $10.
AvaTrade is regulated by FCA, ASIC, MAS, while FXTM holds licences from FCA, CySEC, FSCA.
AvaTrade supports MT4, MT5, Proprietary Mobile. FXTM supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.