24Option vs AvaTrade - Online Brokerage Comparison

24Option vs AvaTrade | Trading Brokers Comparison

24Option vs AvaTrade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$250MT4, Web Trader, Apps250+CySEC, IFSC
$100MT4, MT5, AvaOptions, Apps250+CBI, FSC, ASIC, FSCA, FSA & FFAJ

24Option vs AvaTrade Comparison

These brokers each offer MetaTrader 4 (MT4). AvaTrade additionally provides MetaTrader 5 (MT5) while 24Option offers as well a web trader (and apps). Each has CFD trading, but in the UK AvaTrade also offers MT4 spread betting. Avatrade also provides FX Options trading on a separate platform, AvaOptions.

AvaTrade is regulated by the CBI in Ireland, the ASIC in Australia, the FSCA in South Africa, the FSA and the FFAJ in Japan and the FSC in the British Virgin Islands.

24Option is regulated by the CySEC in Cyprus and the IFSC in Belize.

Quick comparison

Both offer MT4. 24Option additionally provides a web trader, while AvaTrade offers AvaOptions (for FX Options) and MT5.

Minimum deposit and key account features

The minimum deposit for 24Option is $250. The minimum deposit for AvaTrade is $/€/£100.

  • 24Option offers a Basic account, a Gold account, a Platinum account and a VIP account. The minimum deposit for Basic is $250, the minimum deposit for Gold is $5000, the minimum deposit for Platinum is $10,000 and the minimum deposit for VIP is $50,000. The higher account types have lower spreads and extra features. 24Option offers an Economic Calendar, Market Reports, Analysis and Videos on its website and Trading Central.
  • AvaTrade offers CFD trading and in the UK, spread betting. AvaTrade provides an Economic Calendar on its web site, AutoChartist (for a $500 minimum deposit) and Sharp Trader (which has education and analysis). Additionally AvaTrade allows the trader to use DupliTrade and ZuluTrade, which support copy trading.

Markets

  • 24Option offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 250+ available.
  • AvaTrade offers trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities, ETFs, Bonds and Options, with 200+ available. On AvaOptions, AvaTrade provides 40+ FX Options CFDs.
  • AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy and Metals, with 35+ available.

Cryptocurrency CFDs

  • 24Option offers Bitcoin, Ethereum, Litecoin, Ripple, DASH, Bitcoin Gold, Stellar, Ethereum Classic and Monero.
  • AvaTrade provides Bitcoin, Ethereum, Litecoin, Ripple, DASH, Bitcoin Gold, Stellar, Bitcoin Cash and EOS.

Leverage

Maximum leverage for 24Option (CySEC regulated) is . Maximum leverage for AvaTrade (CBI regulated) is .

Online trading platforms

24Option provides MT4 and a web trader. AvaTrade offers MT4, MT5 and AvaOption. Both brokers provide mobile trading.

Why 24Option or AvaTrade ?

Traders looking to trade CFDs can do so at either broker. Traders who wish to trade CFDs on MT4 can also do this at both, however in the UK AvaTrade also allows MT4 spread betting. Traders who want to trade on MT5 can do so at AvaTrade. 24Option provides in addition to MT4 a user friendly web trader. AvaTrade offers FX Options trading on the AvaOptions platform.

Comparison summary

  • Both offer CFD trading
  • In the UK, AvaTrade also provides MT4 spread betting
  • Both offer MT4
  • AvaTrade additionally provides MT5
  • 24Option also offers a web trader (and apps)
  • AvaTrade also provides FX Options trading on AvaOptions

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