AvaTrade vs FXGiants - Online Brokerage Comparison

AvaTrade vs FXGiants | Compare Trading Brokers

AvaTrade vs FXGiants Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, AvaOptions250+CBI, FSC, ASIC, FSCA, FSA & FFAJ
$100MT4200+FCA, ASIC

AvaTrade vs FXGiants Comparison

Traders who want to trade using automated trading strategies on the MetaTrader 4 (MT4) online trading platform can do so at either broker, as each offers this platform and allows the use of Expert Advisors (EAs), MT4's online trading robots. FXGiants offers a range of MT4 trading accounts, including STP/ECN. AvaTrade has a wider range of markets to trade, including Forex Options, which are offered on a separate platform, AvaOptions.

Both brokers offer CFD trading, but in the UK AvaTrade additionally provides MT4 spread betting.

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.

FXGiants is regulated by the FCA in the United Kingdom and the ASIC in Australia.

Quick comparison

Both offer MT4 and allow EAs. AvaTrade additionally provides FX Options trading on AvaOptions.

Minimum deposit and key account features

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

  • 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.
  • FXGiants offers CFD trading on five account types, the Micro account, the Premium account, the 0 Fixed Spread account, the STP/ECN No Commission account and the STP/ECN 0 Spread account. The minimum deposit is $100 for the Micro account, $500 for the 0 Fixed spread, STP/ECN No Commission and STP/ECN 0 Spread accounts and $2,500 for the Premium account. The Micro and Premium accounts have two types, Live Fixed or Live Floating Spread. The minimum trade size is 0.01 lots except for the Premium account where it is 0.1 lots.
  • FXGiants's 0 Fixed Spread account offers fixed spreads from 0 plus a commission charge. The STP/ECN 0 Spread account offer variable ECN spreads from 0, with a commission charge. FXGiants provides economic news and an economic calendar on its website. It also provides a dedicated account manager and a 24/5 dealing hotline for its non-ECN accounts.

Markets

  • AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy, Metals and Cryptocurrencies, with 40+ available.
  • AvaTrade offers CFD trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities, ETFs, Bonds and Options, with 200+ available.
  • FXGiants offers CFD trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 200+ available.

Cryptocurrency CFDs

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

Spreads and leverage

  • FXGiants can offer low Forex spreads plus a commission charge. AvaTrade can offer Forex spreads from 0.9 without a commission charge and FXGiants can offer Forex spreads from 1.1 without a commission charge.

Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for AvaTrade (ASIC regulated) is 400:1. Maximum leverage for FXGiants (ASIC regulated) is 500:1. Maximum leverage for FXGiants (CBI regulated) is .

Online trading platforms

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

Why AvaTrade or FXGiants ?

MT4 EAs are allowed at both brokers, thus traders who want to trade using online trading robots can do so at either broker. MT4 can be utilised by non-automated traders as well and has an extensive online network based around it. FXGiants offers a range of account types, including STP/ECN and Premium accounts. Traders who want to trade FX Options can find these markets on AvaTrade's AvaOptions trading platform.

Comparison summary

  • Both brokers offer MetaTrader 4 (MT4)
  • AvaTrade additionally provides FX Options trading on AvaOptions
  • Each offers CFD trading
  • In the UK, AvaTrade also provides MT4 spread betting
  • AvaTrade has a wider range of CFD markets to trade
  • FXGiants offers STP/ECN accounts

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