AvaTrade vs Plus500 - Compare Trading Brokers

AvaTrade vs Plus500 | Online Brokerage Comparison

AvaTrade vs Plus500 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
$100MT4, AvaOptions, Apps250+CBI, FSC, ASIC, FSCA, FSA & FFAJ
$100Web Trader, Downloaded Platform, Apps2000+FCA, CySEC, ASIC, FSCA, FMA, MAS & IE

AvaTrade vs Plus500 Comparison

Both of these brokers offer CFD trading in a relatively wide range of markets, though in terms of total numbers, Plus500 provides considerably more.

Plus500 has a user friendly web trading platform (also available as a desktop download). AvaTrade on the other hand is an MT4 broker which additionally provides an Options trading platform.

Plus500 focuses on offering a clear platform layout for the trader who makes their own trading decisions. AvaTrade, by offering MT4 supports both non-automated and automated trading. Thus traders can execute and build automated trading strategies (MT4 Expert Advisors) at AvaTrade.

Both brokers offer Options trading, though Plus500 has a wider range. AvaTrade has a separate platform for trading Options, while Plus500 offers them on its platform.

While each provides CFD trading, in the UK AvaTrade additionally offers 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.

Plus500UK Ltd is authorized and regulated by the FCA (#509909). Plus500CY Ltd is authorized and regulated by CySEC (#250/14). Plus500SG Pte Ltd is licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018). Plus500AU Pty Ltd (ACN 153301681) is licensed by: ASIC in Australia, AFSL #417727 and FMA in New Zealand, FSP #486026 and is an authorised Financial Services Provider in South Africa, FSP #47546.

Quick comparison

AvaTrade is an MT4 broker, which also offers Options trading on a separate platform. Plus500 provides a user friendly platform and has more markets to trade.

Minimum deposit and key account features

The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for Plus500 is $/€/£100.

  • AvaTrade offers an Economic Calendar on its web site, AutoChartist and Sharp Trader (which has education and analysis). Additionally AvaTrade allows the trader to use DupliTrade and ZuluTrade, which support copy trading.
  • Plus500 offers an Economic Calendar on its website covering news events and potential market effects of this news.

Markets

  • AvaTrade offers spread betting (in the UK), in Forex, Metals, Indices, Energy and Cryptocurrencies, with 40+ available.
  • AvaTrade offers CFD trading in Forex, Metals, Indices, Energy, Cryptocurrencies, Soft Commodities, Agricultural Commodities, Stocks, ETFs, Options and Bonds, with 200+ available.
  • Plus500 offers CFD trading in Forex, Metals, Indices, Energy, Cryptocurrencies, Soft Commodities, Agricultural Commodities, Stocks, ETFs and Options, with 2000+ available.

AvaTrade provides 50+ Forex pairs, Plus500 provides 55+ Forex pairs.

Cryptocurrency CFDs

  • AvaTrade offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, EOS, DASH and Bitcoin Gold CFDs.
  • Plus500 offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, EOS, Monero, NEO, IOTA, Cardano and TRON CFDs.

Leverage

Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for Plus500 is .

Platforms

AvaTrade offers MT4 and its AvaOptions trading platform. Plus500 has a web trader and a downloaded version. Both brokers have mobile apps. Plus500 also offers a watch app.

Why AvaTrade or Plus500 ?

Traders who execute their own trades could consider either, but Plus500 in particular offers a user friendly trading platform designed for such traders. Traders who want to either trade with robots or copy trade could consider AvaTrade as it lets traders use EAs and copy trade. Each broker has a wide range of markets to trade, but in terms of the actual total number of markets, Plus500 has considerably more (because it offers a wider range of Stocks CFDs and also has wide ranges in other categories).

Comparison summary

  • Both provide CFD trading
  • In the UK, AvaTrade offers MT4 spread betting
  • Plus500 has a web trader, a downloaded version and apps
  • AvaTrade offers MT4, AvaOptions and apps
  • Both have a wide range of markets to trade
  • Plus500 has considerably more in total
  • AvaTrade supports copy trading and trading with MT4 robots

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