AvaTrade vs JustForex - Fees Review included
Which broker is better AvaTrade or JustForex? 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 7.06 out of 10. JustForex is one of the top brokers in the financial market with the TU Overall Score of 7.1 out of 10. Find out more about TU Overall Score.
| Feature | AvaTrade | JustForex |
|---|---|---|
Overall |
4.6 |
3.8 |
4.7 |
2.1 |
|
4.4 |
4.1 |
|
4.4 |
3.1 |
|
Investment Instruments |
4.2 |
4.5 |
Platforms and Charting Tools |
4.6 |
4.5 |
Deposit and Withdrawal |
4.7 |
4.8 |
Research |
4.4 |
3.8 |
Education |
4.8 |
4.1 |
Support |
4.6 |
4.1 |
Bonuses |
3.9 |
4.4 |
|
|
|
AvaTrade vs JustForex: 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.
JustForex Broker (pronounced "Just Forex") is a brand of IPCTrade, an online Forex trading company that provides access to a variety of classic financial instruments. The broker is regulated by the Belize International Financial Services Commission (IFSC).
| AvaTrade | JustForex | |
|---|---|---|
| Overall Pros | Highly regulated broker, licenced on the territory of 5 continents | No trading strategy restrictions |
| a wide range of trading instruments | ||
| Swap-free account | ||
| Advanced copy trading tools | ||
| A lot of educational content | ||
| Low fees | ||
| Optioins trading | ||
| Overall Cons | customer service efficiency and response time | smoll choice of trading assets |
| There is no ECN account | few opportunities for passive income | |
| Market maker(dealing desk) type of broker | there are withdrawal fees |
AvaTrade vs JustForex: Safety and Regulation
| AvaTrade | JustForex | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
€20,00 |
€20,000 |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
Yes |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
Yes |
BVI FSC |
Yes |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
Yes |
AvaTrade vs JustForex: Trading Conditions
| Trading Conditions | AvaTrade | JustForex |
|---|---|---|
Minimum Deposit |
$100 |
$1 |
Trading Platforms |
MT4, MT5, AvaTradeGo, AvaOptions |
MT4, МТ5, Mobile Platforms, WebTrader |
Max Leverage (Futures) |
1-400 |
401769 |
Supported Markets |
Currency pairs, Forex Options, CFDs on stocks, cryptocurrencies, indices, metals, commodities |
Currency Pairs, Precious Metals, Crypto, Indices, Shares, Futures, Energy commodities |
Trading assets |
100+ |
154+ |
Trading Accounts |
Standard, Professional account |
Standard Cent, Standard, Pro и Raw Spread, Demo |
Base Account Currencies |
EUR, USD |
USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR |
AvaTrade vs JustForex: Fees
| AvaTrade | JustForex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,6 |
0,1 |
Standard acc. spread EUR/USD, max pips |
0,9 |
0,5 |
ECN Commission |
3 |
|
ECN Spread EUR/USD |
0,2 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
16,66 |
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 JustForex: Trading Assets
| Asset Name | AvaTrade | JustForex |
|---|---|---|
Overall |
1000+ |
150+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFDs) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes |
ETFs |
Yes (CFD) |
Yes |
Bonds |
Yes (CFD) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
Yes |
Yes |
Binary Options |
No |
No |
AvaTrade or JustForex: Investment Programs
| Asset Name | AvaTrade | JustForex |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
Yes |
No |
Other |
Bonds |
No |
Trading Platforms: JustForex or AvaTrade
| AvaTrade | JustForex | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
AvaTradeGo, AvaOptions |
No |
Others |
No |
No |
|
|
|
AvaTrade vs JustForex: Deposit and Withdrawal Methods
| AvaTrade | JustForex | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
AvaTrade vs JustForex: Research
| Research Type | AvaTrade | JustForex |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
No |
AvaTrade vs JustForex: Education
| Education Type | AvaTrade | JustForex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
Yes |
JustForex vs AvaTrade: Support
| Support Features | AvaTrade | JustForex |
|---|---|---|
Working Days |
24/5 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
Telegram, Viber, Messedger, Line, Instagram |
AvaTrade vs JustForex: Forex Bonuses and Promo
| Promo | AvaTrade | JustForex |
|---|---|---|
Forex Bonus |
The broker offers its customers a one-time bonus upon first deposit (not for all markets) |
No deposit bonus $30 |
Affiliate Program |
A trader can receive up to 400 US dollars for inviting friends. |
Yes |
Other Promos |
||
|
|
|
Top 5 Reviews on JustForex
-
Comment
JustMarkets offers more than 260 trading instruments, including pairs, indices, metals, and energy commodities. The minimum deposit varies by region — from $10 for most countries to $100 for the EU. The leverage level ranges from 1:30 to 1:3000, depending on the trader's status and country. For passive income, PAMM and MAM services are available, expanding the options for fund management.
-
Comment
Unfortunately, there are no cryptocurrencies, although they are one of the top assets today. And the number of stocks is quite limited. Although there are US and European stocks, they are rather selective. With this in mind, it might be easier to invest in indices.
-
Comment
This broker is well-suited for beginner traders. At least because there are cent accounts available for practicing on a real market with real spreads and trading psychology. And the entry is only 10 USD. Familiar platforms MT4 and MT5, for which you can download hundreds of free scripts, robots, indicators. For passive investors, there is social trading both from the broker itself and from MetaQuotes. I compared spreads and quotes using a script and Excel with other brokers (exported quotes from MT4) – the average level. The specified 0.8 pips on EUR/USD is during a highly liquid European session, but during the Asian session and before holidays, the spread can widen to 1.5 pips or more.
-
Comment
A comfortable broker with moderate spreads, with whom I have been working for more than 3 months. So far, I am satisfied. It caught my attention for two reasons: the low entry threshold. 100 USD – this is not an amount to be overly concerned about in case of a loss. Secondly, there are a variety of withdrawal options. Since I like to combine trading with traveling, the payment system matters to me. And the broker accommodated me – I can deposit money using one payment method and withdraw through another, but it must be pre-verified. Other brokers required that I withdraw through the same method used for deposits. Here, this issue was resolved.
-
Comment
The review is positive, but there is a nuance. Situation: trades were opened with leverage. The next day, I find the trades closed at a loss with an almost zeroed-out deposit. Support responds: "The market is highly volatile; we have the right to reduce the leverage limit in accordance with regulatory requirements." As a result, my margin level dropped with the same position size, and the trades were closed by stop-out on a small drawdown. During the discussion, we reached an agreement: my deposit would be returned, but to the level before the trades were opened, meaning the disputed trades were annulled. Thanks to the broker. But the question remains: who is my counterparty in the trades if the broker can technically cancel the results of the trades?
Top 5 Reviews on AvaTrade
-
Comment
AvaTrade stands out from competitors due to its geographic range of regulation — the broker is licensed in Ireland, Australia, Japan, South Africa, and the UAE. Client funds are protected through segregated accounts. Customer support is available 24/7, but the platform’s user interface, especially the mobile version, needs updating. For beginners, educational resources are provided, including webinars and guides.
-
Comment
For passive investors, integration with DupliTrade — a trade-copying service — is available. Users can connect their accounts to the platform and follow strategies tested by other participants. The selection of signal providers is limited, but their data is transparent: performance, risk level, and number of followers are clearly shown. Access to the service is granted after opening an account with a minimum of $100.
-
Comment
Trading conditions at AvaTrade suit both conservative and active traders. Leverage up to 1:400 allows for scaling strategies, and the availability of swap-free accounts is beneficial for Islamic clients. The minimum lot is 0.01, which is convenient for cautious trades. However, customer support is not as fast as expected.
-
Comment
Among the 250+ available instruments, AvaTrade offers trading in currencies, cryptocurrencies, indices, metals, and stocks. The company is regulated by several authorities, including ASIC, FSA, FSCA, and the British Financial Services Commission. Support is available 24/7 and operates in 14 languages. On the downside, the web-based platform interface looks outdated and could use improvement.
-
Comment
I’ve used AvaTrade, and I really like its smooth interface and variety of trading options. The spreads are decent, and having multiple platforms like MT4 and AvaTradeGO makes it flexible. I also appreciate the strong regulations, which add a sense of security. The only downside I noticed is that withdrawals can take a bit longer than expected, but overall, it’s been a solid experience.
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.