AvaTrade vs Trading 212 - Fees Review included
Which broker is better AvaTrade or Trading 212? Our expert assessment conducted according to TU’s own methodology showed that AvaTrade is one of the top brokers in the financial market with the TU Overall Score of 7.16 out of 10. Trading 212 is one of the top brokers in the financial market with the TU Overall Score of 4.89 out of 10. Find out more about TU Overall Score.
Feature | AvaTrade | Trading 212 |
---|---|---|
Overall |
4.6 |
3.9 |
4.7 |
4.5 |
|
4.4 |
3.5 |
|
4.4 |
4.7 |
|
Investment Instruments |
4.2 |
1 |
Platforms and Charting Tools |
4.6 |
2.8 |
Deposit and Withdrawal |
4.7 |
4.1 |
Research |
4.4 |
3.7 |
Education |
4.8 |
3.8 |
Support |
4.6 |
3.9 |
Bonuses |
3.9 |
1 |
|
AvaTrade vs Trading 212: Pros and Cons
AvaTrade was founded in 2006 in Dublin, Ireland. The company has offices in 150 countries. It currently has over 200, 000 registered users and processes more than 2 million transactions every month. These factors contribute to AvaTrade being a reliable and trusted broker. They are accredited across five continents and are one of the market leaders. The broker is regulated by the Australian Securities and Investment Commission (ASIC), the Japanese FSA, and the South African FSCA. AvaTrade holds accreditation by the Central Irish Bank, the Abu Dhabi Financial Services Regulatory Authority, and the British Virgin Islands Financial Services Commission. AvaTrade allows traders to trade stocks, securities, indices, cryptocurrencies, and currency pairs. In total, the offer more than 250 tools to customers.
The Trading 212 brokerage company (trading212.com) is registered to do business in London in 2006. Its specialization is the provision of services for investment and active trading in the foreign exchange and stock markets. The company is regulated and licensed by the UK Financial Conduct Authority (FCA) and by CySEC in Europe. The broker does not provide data on awards received during the work.
AvaTrade | Trading 212 | |
---|---|---|
Overall Pros | Highly regulated broker, licenced on the territory of 5 continents | low level of the minimum deposit |
a wide range of trading instruments | a large selection of trading assets | |
Swap-free account | Big choice of Stocks and ETFs | |
Advanced copy trading tools | UK and EU regulated broker | |
A lot of educational content | ||
Low fees | ||
Optioins trading | ||
Overall Cons | customer service efficiency and response time | lack of investment programs |
There is no ECN account | a small number of ways to contact support | |
Market maker(dealing desk) type of broker | the company does not hold contests for traders |
AvaTrade vs Trading 212: Safety and Regulation
Regulated By: | AvaTrade | Trading 212 |
---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
No |
Yes |
CySec (Cyprus, EU) |
Yes |
Yes |
ASIC (Australia) |
Yes |
No |
Other Regulators |
Central Bank of Ireland (No.C53877), B.V.I Financial Services Commission, South African Financial Sector Conduct Authority (FSCA No.45984), Japan - Financial Services Agency (License No.: 1662), the Financial Futures Association of Japan (License No.: 1574), Abu Dhabi Global Markets (ADGM), Israel Securities Authority (No. 514666577) |
No |
AvaTrade vs Trading 212: Trading Conditions
Trading Conditions | AvaTrade | Trading 212 |
---|---|---|
Minimum Deposit |
$100 |
£1, €1 |
Trading Platforms |
MT4, MT5, AvaTradeGo, AvaOptions |
Web platform, a mobile app for iOS and Android |
Max Leverage (Futures) |
1-400 |
1:30 (retail clients), 1:500 (Pro clients) |
Supported Markets |
Currency pairs, Forex Options, CFDs on stocks, cryptocurrencies, indices, metals, commodities |
Currency pairs, CFDs on stocks, indices, futures, commodities, ETFs |
Trading assets |
100+ |
over 12,000 stocks and ETFs available in the Invest/ISA accounts and over 5,000 leveraged instruments in the CFD account |
Trading Accounts |
Standard, Professional account |
Trading 212 Invest, Trading 212 CFD, ISA (available for UK clients) |
Base Account Currencies |
EUR, USD |
GBP, EUR |
AvaTrade vs Trading 212: Fees
Forex Trading Fees
Fee | AvaTrade | Trading 212 |
---|---|---|
Standard Account EURUSD Average Spread |
0.9 pips |
2.3 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
Not supported |
Not supported |
ECN Account EUR Average Spread |
Not supported |
Not supported |
CFD Trading Fees
Fee | AvaTrade | Trading 212 |
---|---|---|
CFD Trading Fee |
Floating spread |
Other fees |
Non-Trading Fees
Fee | AvaTrade | Trading 212 |
---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
0,7% if you deposit more than 2000 EUR with debit or credit card |
Withdrawal Fee |
No |
No |
Inactivity Fee |
$50 per quarter after 3 months of inactivity |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
AvaTrade vs Trading 212: Trading Assets
Asset Name | AvaTrade | Trading 212 |
---|---|---|
Overall |
1000+ |
over 12000+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes |
Bonds |
Yes (CFD) |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
Yes |
Yes (CFD) |
Binary Options |
No |
No |
AvaTrade or Trading 212: Investment Programs
Asset Name | AvaTrade | Trading 212 |
---|---|---|
Copy Trading |
Yes |
No |
MAM/PAMM |
No |
No |
Managed Accounts |
Yes |
No |
Other |
Bonds |
No |
Trading Platforms: Trading 212 or AvaTrade
AvaTrade | Trading 212 | |
---|---|---|
MT4 |
Yes |
No |
MT5 |
Yes |
No |
cTrader |
No |
No |
Appropriate platform |
AvaTradeGo, AvaOptions |
Trading 212 |
Others |
No |
No |
|
AvaTrade vs Trading 212: Deposit and Withdrawal Methods
Deposit and Withdrawal Method | AvaTrade | Trading 212 |
---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes (not for Australian and EU clients) |
No |
Crypto |
No |
No |
AvaTrade vs Trading 212: Research
Research Type | AvaTrade | Trading 212 |
---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
No |
AvaTrade vs Trading 212: Education
Education Type | AvaTrade | Trading 212 |
---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
No |
Videos |
Yes |
Yes |
Cent account |
Yes |
No |
Trading 212 vs AvaTrade: Support
Support Features | AvaTrade | Trading 212 |
---|---|---|
Working Days |
24/5 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
No |
Online chat |
Yes |
No |
Other |
No |
feedback form |
AvaTrade vs Trading 212: Forex Bonuses and Promo
Promo | AvaTrade | Trading 212 |
---|---|---|
Forex Bonus |
The broker offers its customers a one-time bonus upon first deposit (not for all markets) |
No |
Affiliate Program |
A trader can receive up to 400 US dollars for inviting friends. |
Promo offer. It works according to the principle of a standard referral program. A client of the company becomes a partner of a broker, receives an individual referral link and attracts new users to the company. The referrer gets a bonus for each new active trader. Trading 212 provides a tiered referral program that rewards every client and friend they refer with a free share (or a share of the whole share) up to €100/GBP. |
Other Promos |
||
|
Top 5 Reviews on Trading 212
-
Comment
I haven’t traded or registered with Trading 212 yet, but I think I should try, since the company is interesting. I am currently studying reviews about this broker. So far nothing bad has happened.
-
Comment
I like trading with trading 212. The conditions are normal. The minimum deposit is really minimal - €1, but it is better to make a normal deposit, you understand. The platform works properly too. I checked the quotes, they correspond to the market. Sometimes, opening and closing of trades is not fast enough, but it is within reasonable time.
-
Comment
I have been trading with Trading 212 for almost 2 years. The broker is not bad and it withdraws money. However, there are some problems: there are requotes and the platform freezes sometimes. But the broker is regulated, which is a plus! I’m currently trading with another company, but I have this one in mind.
-
Comment
Withdrawals and execution are fine at Trading 212. Now I make a profit, but there were different situations. I decided to trade here, as they withdraw money without any problems.
-
Comment
I came to trading 212 a couple of years ago, it’s a worthy company. What I like most is the respectful attitude towards the trader. The support has helped me more than once; the operators regularly advise me on all issues that arise. This helps me a lot in trading.
Top 5 Reviews on AvaTrade
-
Comment
I decided to test the waters with AvaTrade by using their demo account, and I must say, the experience was quite good. It helped me get familiar with the platform and how trading works. Now, I'm considering transitioning to a real account. However, my final verdict hinges on how smooth the deposit and withdrawal processes are. If these aspects meet my expectations, AvaTrade will definitely earn a 5-star rating from me. Otherwise, it might drop to 3 or 4 stars. Nonetheless, I appreciate the overall experience and commend the team for their efforts.
-
Comment
Been using AvaTrade for a few weeks now, and I'm happy with the support they offer. They have a couple different ways to get help, which is convenient. There's an AI-powered chatbot that can answer basic questions, and you can also contact them via WhatsApp. That's pretty cool for quick inquiries. If you have a more complex issue, you can email their customer support team. They got back to me pretty quickly with a helpful answer when I had a question about withdrawal options. However, it would be even better if you could connect directly with a customer service rep through the chatbot. Right now, it just directs you to email if your question is complex. A live chat option would be nice too, for those times when you need help right away. Overall, AvaTrade's customer support is good, with multiple ways to get help. Just wish there was a more direct way to connect with a rep through the chatbot.
-
Comment
I mostly use AvaTrade for long-term stock investing, not day trading. Their fees seem reasonable for that, and they have a good selection of stocks to choose from. Can't speak for the other features like CFDs or options, but for basic stock investing, AvaTrade seems like a decent option. AvaTrade's mobile app is handy for checking on trades on the go, but it could be smoother. Sometimes it takes a while to load charts and info, which can be frustrating. Also, placing trades on the app feels a bit clunky compared to the desktop platform. Would be nice if they updated the app to be more user-friendly.
-
Comment
While trading with AvaTrade, there was one incident. I opened a trade on the USD/CAD currency pair. The trading was going smoothly, and there were no important news releases. Suddenly, there was a sharp market movement that hit my stop-loss. The movement was 29 pips. Later, everything returned to normal, but I incurred a loss. Over the course of a month, I pursued the review of my claim and the cancellation of the losing trade. The company canceled the losing trade, acknowledging such movement as outside of the market. Overall, with AvaTrade, you can fight for and defend your rights.
-
Comment
I requested a withdrawal from Avatrade at the end of the day and received my funds the next afternoon without delay or difficulty. I was pleasantly surprised by the speed of the transaction, especially considering that some companies delay payments for several months. Moreover, I make good profits from my trades on the Avatrade platform, which works flawlessly.
- Quotex vs AvaTrade
- Deriv vs AvaTrade
- CMTrading vs AvaTrade
- eToro vs AvaTrade
- Pepperstone vs AvaTrade
- Capital.com vs AvaTrade
- AvaTrade vs Spreadex
- AvaTrade vs Vantage
- AvaTrade vs London Capital Group (LCG)
- AvaTrade vs Tradeview
- AvaTrade vs NAGA
- AvaTrade vs City Index
- AvaTrade vs Swissquote
- AvaTrade vs TeleTrade
- AvaTrade vs IG
- AvaTrade vs Saxo Bank
- AvaTrade vs Dukascopy
- AvaTrade vs WelTrade
- AvaTrade vs CMC Markets
- AvaTrade vs FP Markets
- AvaTrade vs OctaFX
- AvaTrade vs HotForex
- AvaTrade vs TD Ameritrade
- AvaTrade vs FBS
- AvaTrade vs Fusion Markets
- AvaTrade vs XTB
- AvaTrade vs Plus500
- AvaTrade vs Interactive Brokers
- AvaTrade vs Forex.com
- AvaTrade vs Libertex
- AvaTrade vs RoboForex
- MultiBank vs AvaTrade
- IC Markets vs AvaTrade
- Exness vs AvaTrade
- FXTM vs AvaTrade
- Oanda vs AvaTrade
- Tickmill vs AvaTrade
- FxPro vs AvaTrade
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.