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Trader's Way vs AvaTrade
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Trader's Way currently holds a lower overall rating (3.9) compared to AvaTrade (4.2).
Trader's Way has a lower minimum deposit, at 10.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Traders should note that
Trader's Way offers a minimum lot size of 0.01 and a maximum lot size of 1000.0, while AvaTrade offers 1.0E-4 and 0.0.
Trader's Way offers a greater leverage limit of 1:1000, whereas AvaTrade allows a maximum of only 1:400.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 10.0 | 100.0 |
| Commission | 6.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 1.0E-4 |
| Maximum lot size | 1000.0 | 0.0 |
| Spread | Fixed, Variable | Fixed, Variable |
| Broker type | ECN | STP, ECN, Market Maker |
| Maximal leverage (1:?) | 1000 | 400 |
| Availability | ECN | STP, ECN, Market Maker |
| Regulation | No Regulation | CySEC (Cyprus), ASIC (Australia), CBI (Ireland), KNF (Poland), FSCA (South Africa), FSA (Japan), BVI FSC |
| Trading Platforms | MetaTrader 4 (MT4), cTrader, Web Platform, Mobile Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, MT4 MultiTerminal |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Moneybookers, Perfect Money, WebMoney, cashU, Neteller, UnionPay, Skrill, FasaPay | Wire Transfer, Credit Card, Debit Card, Paypal, Perfect Money, Neteller, UnionPay, Skrill, Internal transfer, Sofort Banking, Klarna, Boleto, Giropay, POLi, Pix |
| Account Currency | USD, GBP, EUR, CAD | USD, GBP, EUR, CHF, JPY, CAD, ZAR, AUD |
| Languages | English | English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Hebrew, Chinese, Polish, Malay, Thai, Arabic, Korean, Hungarian, Dutch, Swedish, Turkish |
| Country | Dominica | Ireland |
| Trading platform(s) timezone | Dominica | United Arab Emirates, Australia, China, Ireland, Japan, Mongolia, Mexico, Poland, South Africa, Spain |
| Other trading instruments | Energies | Stocks, Options, Futures, Indices, Commodities, Energies, Shares, Spread Betting, CFDs, Cryptocurrency, Precious Metals, Bonds, Exchange ETFs, ETFs, Forex, Treasuries, Bonds, Cryptos* |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
