Avatrade Vs FXCM

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Avatrade Vs FXCM

AvaTrade and FXCM are both highly-respected brokers in the forex industry. They are regulated by the Financial Conduct Authority, one of the most stringent regulatory bodies in the world. Moreover, both companies have a long history of customer satisfaction, which makes them more reliable than the other. Nevertheless, the main difference between these two brokers lies in their platforms. While both provide comprehensive trading platforms, AvaTrade offers more trading pairs to trade with.

The main differences between AvaTrade and FXCM lie in their fees. AvaTrade charges a lower spread on EUR/USD, whereas FXCM charges a 0.70 point spread for the same currency pair. Therefore, FXCM is cheaper than AvaTrade, but be sure to compare the other fees, too. AvaTrade also has no inactivity fees, which is a huge plus for frequent traders.

The spreads between AvaTrade and FXCM are low, but they differ significantly. AvaTrade is commission-free, while FXCM has spreads of 1.4 pips. The Active Trader program of both brokers will benefit low-volume traders. AvaTrade charges a monthly fee of $50, while FXCM charges an annual fee of $100. This is one of the most important factors when choosing between AvaTrade.

AvaTrade offers more currency pairs, more CFDs, and is more regulated by the UK. In addition to being regulated by three tier-1 regulators, FXCM is regulated in Australia and South Africa. While it is better to use FXCM, AvaTrade’s low minimum deposit is also an important factor. You’ll want to make sure you have plenty of funds on hand to cover the commissions.

Unlike many other forex brokers, AvaTrade does not offer a regulated platform. However, both services offer a wide range of assets to choose from, including a wide range of currencies. AvaTrade is an excellent choice for traders who want to learn about the forex market. If you are new to trading, consider signing up for an account with a reputable broker. It offers a wealth of tools to help you trade effectively.

The two brokerages have a wide range of trading options. For instance, FXCM has a wide range of tradeable currency pairs. Unlike AvaTrade, however, AvaTrade has a more competitive pricing structure. AvaTrade is a better choice for those looking to trade CFDs in the UK. This comparison is based on the same criteria. The first consideration is whether you’ll be trading with a broker that has a wider range of products.

FXCM and AvaTrade both offer regulated accounts, but the latter has more advanced technology. For example, AvaTrade has over 1,250 assets. On the other hand, FXCM features a more extensive range of assets. It also offers both professional and retail account types. AvaTrade has a wider range of trading options, which means that both can be used to make investment decisions.