brokeredge

AvaTrade vs FXTM

Side-by-side comparison of regulation, trading costs, platforms, and account types for AvaTrade and FXTM.

AvaTradeTrust 8.4/10
ASIC
CySEC
FSCA
FSA-Japan

Multi-regulated global broker since 2006. Best for fixed spread trading and AvaProtect risk-management tool. AvaSocial copy trading platform included.

FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius

Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.

Quick verdict

  • Trust: AvaTrade has the higher trust score.
  • EUR/USD spread: FXTM is tighter on EUR/USD.

Side-by-side comparison

FeatureAvaTradeFXTM
Trust score8.48.0
RegulatorsASIC, CySEC, FSCA, FSA-Japan, ADGM, BVI-FSCFCA, CySEC, FSCA, FSC-Mauritius, CMA
HeadquartersCyprus
Founded2011
Min deposit$100$10
Max leverage1:4001:1000
EUR/USD spread0.90 pips0.00 pips
Commission per lot$0.00$4
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal speed24h
Base currenciesUSD, EUR, GBP, NGN

AvaTrade is best for

Beginners
Fixed-spread traders
Risk-averse traders

FXTM is best for

High-volume traders
Day traders
Copy traders