AvaTrade vs FXCC - Compare Trading Brokers

AvaTrade vs FXCC | Online Brokerage Comparison

AvaTrade vs FXCC Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, AvaOptions250+CBI, FSC, ASIC, FSCA, FSA & FFAJ
$100MT425+CySEC

AvaTrade vs FXCC Comparison

These are both MetaTrader 4 (MT4) brokers. Each allows the use of Expert Advisors (EAs), MT4's online trading robots. FXCC is an ECN broker and charges commissions. As an ECN broker, FXCC can offer low Forex spreads (plus a commission charge). However on its ECN XL account, FXCC can provide ECN spreads without a commission charge. AvaTrade does not charge commissions and has a considerably wider range of markets to trade and a greater number.

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.

FXCC is regulated by the CySEC in Cyprus.

Quick comparison

Both brokers offer MT4 and allow EAs. FXCC is an MT4 ECN broker, while AvaTrade has a wider range of markets to trade.

Minimum deposit and key account features

The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for FXCC is $100.

  • 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.
  • FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. FXCC's ECN XL account has a minimum deposit of $100, the ECN Standard account has a minimum deposit of $10,000 and the ECN Advanced account has a minimum deposit of $100,000.
  • All FXCC account types provide the MT4 platform, ECN/STP order execution, mobile trading, free technical analysis, SMS notifications, VPS, Economic Calendar and Trading Tools, allow Expert Advisors, scalping and hedging and provide a personal account manager. The ECN XL account additionally can offer zero commissions (T&Cs apply) and zero mark-up. The ECN Advanced account provides more markets to trade than the other account types (200+ vs 30). All trading styles are allowed at FXCC and a news feed and analysis is available on the website.

Markets

  • AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy, Cryprocurrencies and Metals, with 40+ available.
  • AvaTrade offers CFD trading in Forex, Indices, Energy, Cryptocurrencies, Metals, Bonds, Stocks, Soft Commodities, ETFs and Options, with 200+ available. On AvaOptions, AvaTrade provides 40+ FX Options CFDs.
  • FXCC offers Forex, Indices and Precious Metals on the ECN Advanced account, with 200+ available. On the ECN Standard and the ECN XL account, FXCC provides Forex and Precious Metals, with 25+ available.

Cryptocurrency CFDs

  • AvaTrade provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, DASH, Bitcoin Gold, EOS and Stellar.

Spreads and leverage

  • AvaTrade and FXCC can offer low Forex spreads without a commission charge. AvaTrade can offer Forex spreads from 0.9 without a commission charge while FXCC can offer low Forex spreads without a commission charge.

Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for FXCC (CySEC regulated) is .

Commission charge

  • AvaTrade does not charge commissions.
  • FXCC's ECN XL account does not charge commissions.
  • FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
  • FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.

Platforms

AvaTrade offers MT4 and AvaOptions as well as apps. FXCC provides MT4 and apps.

Why AvaTrade or FXCC ?

Traders who wish to trade using MT4's Expert Advisors has do so at either broker. FXCC is an ECN broker and can offer an account with ECN spreads without a commission charge. Traders who want to execute their own trades may do so at either broker. AvaTrade has a considerably wider range of markets to trade and with DupliTrade integrates social and copy trading into MT4. Traders who want to trade FX Options can do so at AvaTrade on the AvaOptions platform.

Comparison summary

  • Both provide CFD trading
  • In the UK, AvaTrade additionally provides MT4 spread betting
  • Each offers MT4
  • FXCC is an ECN MT4 broker
  • FXCC can offer an account with ECN caliber spreads, without a commission charge
  • AvaTrade has a wider range of markets to trade and a greater number
  • Both brokers support trading with robots
  • AvaTrade offers social and copy trading

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