AvaTrade vs Trade360 - Online Brokerage Comparison

AvaTrade vs Trade360 | Compare Trading Brokers

AvaTrade vs Trade360 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, AvaOptions250+CBI, FSC, ASIC, FSCA, FSA & FFAJ
$500MT4, ParagonEx120+CySEC

AvaTrade vs Trade360 Comparison

Both of these brokers offer MetaTrader 4 (MT4). However Trade360 also offers ParagonEx. This is a user friendly online trading platform which has a crowd trading news feed. This shows news items, in a feed alongside the platform which can reference these items to the reactions and sentiments of the crowd of other traders. AvaTrade offers support for social and crowd trading via DupliTrade and ZuluTrade, however these show the behavior of traders at a different level of granularity, i.e. at the level of individual traders, their sentiments, reactions and ideas.

Copy trading allows the trader to copy the trades of other traders they choose into their own account (i.e. it is a kind of trading automation). Crowd trading is for those traders who seek to enhance their own decisions with information about how the crowd is reacting to the market.

In addition to MT4, AvaTrade provides FX Options trading on a separate platform (AvaOptions). Each broker offers 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.

Trade360 is regulated by the CySEC in Cyprus.

Quick comparison

Both brokers offer MT4, while Trade360 additionally provides ParagonEx and AvaTrade offers the AvaOptions platform.

Minimum deposit and key account features

The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for Trade360 is $500.

  • 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.
  • Trade360 offers five account types and an Islamic account. The minimum deposit for the Mini Account is $500, the minimum deposit for the Standard360 account is $1000 (the minimum deposit for StandardMT4 is $500), the minimum deposit for the Gold account is $5000, the minimum deposit for the Platinum and Islamic360 accounts is $10,000 and the minimum deposit for the VIP account is $50,000. The minimum trade size ranges from 0.05 lots (Mini) to 1.5 lots (VIP). The Standard360 account has a minimum trade size of 0.1 lots (mini lots).
  • All Trade360 account types offer the Live CrowdTrading Feed, trading signals, 24/5 Live Chat and Whatsapp Support. MT4 is available for all account types except the Mini account. The Gold, Platinum and VIP accounts offer additionally personal push and SMS Notifications, exclusive market updates and SMS trading signals.

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, Stocks, Soft Commodities, ETFs, Cryptocurrencies, Options and Bonds, with 200+ available.
  • Trade360 offers Forex, Indices, Energy, Metals, Stocks, Soft Commodities and ETFs, with 120+ available.

Cryptocurrency CFDs

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

Spreads and leverage

  • AvaTrade can offer Forex spreads from 0.9 without a commission charge, while Trade360 can offer Forex spreads from 1.8 without a commission charge.

Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for Trade360 (CySEC regulated) is .

Platforms

AvaTrade offers MT4 and AvaOptions as well as apps. Trade360 provides ParagonEx and MT4 and apps.

Why AvaTrade or Trade360 ?

Traders who wish to use crowd trading on a user friendly online platform can find this on Trade360's ParagonEx. Traders who wish to trade FX Options can do so at AvaTrade on its AvaOptions platform. AvaTrade's main platform is MT4, though Trade360 also offers MT4 (but not for all account types).

Comparison summary

  • Both provide CFD trading
  • In the UK, Avatrade also offers MT4 spread betting
  • Both provide MT4 (though Trade360 has a higher minimum deposit to use it)
  • AvaTrade can offer a wider range of markets
  • Trade360 provides crowd trading on ParagonEx
  • AvaTrade offers FX Options trading on AvaOptions

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