AvaTrade vs Plus500 - Compare Trading Brokers

AvaTrade vs Plus500 | Online Brokerage Comparison
AvaTrade vs Plus500 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$100
Minimum Deposit
Web Trader, MT4, MT5, AvaOptions, Apps
Trading Platforms
1000+
Markets To Trade
Avatrade offers trading, including automated trading on MT4 and MT5 and provides a user friendly web trader
About
$100
Minimum Deposit
Web Trader, Downloaded Platform, Apps
Trading Platforms
2000+
Markets To Trade
Plus500 provides a user friendly platform with a wide range of CFD markets to trade
About

AvaTrade vs Plus500 Comparison

Both 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 offers a user friendly web trader, MT4 and MT5 and 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 and MT5 and its web trader supports both non-automated and automated trading. Thus traders can execute and build automated trading strategies (MT4 Expert Advisors) at AvaTrade.

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

While each provides CFD trading, in the UK AvaTrade additionally offers 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 offers MT4 and MT5 and also provides Options CFD trading on a separate platform and a web trader. 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 provides an Economic Calendar on its web site and Trading Central (which provides analysis). Additionally AvaTrade offers AvaSocial which supports social and copy trading. AvaTrade allows the use of EA trading robots.
  • Plus500 provides CFD trading. Plus500 offers a Premium Service, with a dedicated account manager, expert analysis emails, trading webinars and a customer support team. The Premium Serivce is by invitation only. For all traders, Plus500 offers an Economic Calendar on its website covering news events and market effects and has economic data integrated into its platform. Additionally, Plus500 provides a Trading Academy on its website as well as News and Market Insights.

Markets

  • AvaTrade offers spread betting (in the UK), in Forex, Metals, Indices and Energy, with 35+ available.
  • AvaTrade offers CFDs on Forex, Metals, Indices, Energy, Cryptocurrencies, Soft Commodities, Agricultural Commodities, Stocks, ETFs, Options and Bonds, with 1000+ available.
  • Plus500 offers CFDs on Forex, Metals, Indices, Energy, Cryptocurrencies, Soft Commodities, Agricultural Commodities, Stocks, ETFs and Options, with 2000+ available.
AvaTrade vs Plus500 Summary Table
BrokerTrading PlatformsDescription
AvaTrade
Broker
MT4, MT5, cTrader, R StocksTrader
Trading Platforms
AvaTrade offers a user friendly trading platform, automated trading on MT4 and MT5 along with Options CFD trading and a user friendly mobile trading app
Description
Plus500
Provider
Web Trader & Apps
Trading Platforms
Plus500 provides a user friendly trading platform with a wide range of CFDs to trade along with integrated analysis tools and a user friendly mobile app (as well as a watch app)
Description

Cryptocurrency CFDs

  • AvaTrade offers CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, EOS, NEO, IOTA, Chainlink, Uniswap, Ripple, DASH and Bitcoin Gold.
  • Plus500 offers CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, EOS, NEO, IOTA, Chainlink, Uniswap, Cardano, Polygon, VeChain, Solana, Polkadot, Axie Infinity and Filecoin.

Leverage

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

Online trading platforms

AvaTrade offers a web trader, MT4, MT5 and the AvaOptions trading platform. Plus500 has a web trader and a downloaded version. Both have user friendly mobile apps. Plus500 also offers a watch app.

Why AvaTrade or Plus500 ?

Traders who want to trade on MT4 and MT5 can do so at AvaTrade. Traders who want to trade on a user friendly platform can do this at either broker. Traders who want to apply automated trading can do this at AvaTrade (with EA robots). Traders who want to copy trade can do so at AvaTrade.

Comparison summary

  • Both provide CFD trading
  • In the UK, AvaTrade offers MT4 spread betting
  • AvaTrade offers MT4 and MT5
  • Both provide user friendly platforms
  • AvaTrade allows automated trading and copy trading