AvaTrade Alternatives: How It Compares 2024 Update
This alternatives to AvaTrade guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to AvaTrade to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to AvaTrade like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that AvaTrade is not quite right for you then it would be worth getting a virtual account with a range of the top AvaTrade alternatives and check if they are a better fit for you before moving any money around.
The most in depth guide to AvaTrade alternatives on the internet
There's many reasons AvaTrade may not be a good fit for you. Whatever reason you are looking for the top AvaTrade alternative or AvaTrade competitor with similar services, comparebrokers.org try to give you as much useful information so you can find what it is you need. Below you will find the best AvaTrade alternatives.
For each of our alternative to AvaTrade, we also highlight the key differences to AvaTrade and for each section show you the best alternatives. For every AvaTrade alternative online broker shown we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with AvaTrade, discover some great alternative brokersbrokers|online trading platforms|brokerages.
Using a reputable and dependable trading platform is crucial to having a successful trading career. All of the AvaTrade alternative platforms listed in this AvaTrade alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
AvaTrade has a minimum desposit of $250, you can check how the minimum deposit requirements of AvaTrade compare with the minimum deposits of AvaTrade competitors. Trading platforms have lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t always a bad thing, it all comes down to your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
AvaTrade |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Virtual Portfolio Accounts
AvaTrade offers virtual portfolio accounts so you can learn their systems before risking any real money. New traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before getting a live account.
Below we detail some of the best alternatives to AvaTrade that offer demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
AvaTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
AvaTrade doesn't provide negative balance protection. If your balance is negative, AvaTrade suggests that you promptly contact client services. So you are able to fix any imbalances in your own account.
Below we detail some of the best alternatives to AvaTrade that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
AvaTrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
AvaTrade regrettably, does not provide guaranteed stop loss. AvaTrade gives a chance for its dealers to close their trades at their given price. Aside from this, AvaTrade doesn't offer guaranteed stop loss.
Below we detail some of the top AvaTrade alternatives that has guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
AvaTrade |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
No, the terms and conditions of AvaTrade don't condone scalping. It's a trading technique which is not allowed on the agent's platform. You must refer to AvaTrade's terms and conditions to see more about its policies.
Below we list some of the best alternatives to AvaTrade that offer scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
AvaTrade |
||
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
The stipulations of AvaTrade do not allow hedging. It is a trading technique which isn't allowed on the agent's platform. You must refer to AvaTrade's terms and conditions to read more about its own policies.
Below we show some of the best alternatives to AvaTrade that offer hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
AvaTrade |
||
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
AvaTrade's social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading..
Below we detail some of the best alternatives to AvaTrade that offer social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
AvaTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
AvaTrade's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is calculated social trading..
Below we detail some of the top alternatives to AvaTrade that allow copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
AvaTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare AvaTrade To All Other Brokers