ForexVox vs AvaTrade, Who's Better?
Read our In-Depth ForexVox vs AvaTrade Review - 2024 Update
Our comprehensive analysis of ForexVox and AvaTrade has been refreshed for 2024 by knowledgeable insiders with years of expertise in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of ForexVox vs AvaTrade does not apply to all countries as follows:
ForexVox Excluded Countries
United States of America,
AvaTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare ForexVox vs AvaTrade
Each trading platforms feature some ups and downs, and any comprehensive review of ForexVox and AvaTrade cannnot be complete without embracing a fair assessment.
Compare AvaTrade and ForexVox in order to understand how these platforms line up to one another before you decide to make an account. Performing a comparative analysis will place factors into perspective in order that you're cognizant of what you should anticipate.
So you are looking for a professional broker and are choosing between ForexVox or AvaTrade. Who should you choose?
This ForexVox vs AvaTrade comparison contains the latest information so you can easily compare AvaTrade against ForexVox.
If you're a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You will get adept at all the concepts of brokerage as you continue trading. For starters, you need to choose the right broker who will be clear with you always.
In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. ForexVox and AvaTrade are just two such trading platforms which will take you along with your investment to great heights. It is important to compare ForexVox vs AvaTrade before you trust them with your cash.
Our ForexVox vs AvaTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust ForexVox and AvaTrade side by side.
Our entire ForexVox vs AvaTrade Review covers everything you will need to learn about trading using either ForexVox or AvaTrade. A good agent can multiply your initial investments and provide you positive profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully analyze your broker before you choose them. It's a common misconception that all agents will be the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
ForexVox and AvaTrade are both brokers which have found their way successfully to the broker world. In this review, we have tried to collate some of the important facets of both ForexVox and AvaTrade. This review will allow you to know whether either AvaTrade or ForexVox is a fantastic match for your investments or not. We have attempted to breakdown all the features and fees for your advantage.
Benefits of ForexVox and AvaTrade Compared
ForexVox has a minimum deposit of $0 while AvaTrade has a $250 minimum deposit.
Why smaller minimum deposits are good and how ForexVox and AvaTrade compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
ForexVox has around 101 financial instruments while AvaTrade allows you to trade around 101 financial instruments available.
The more instruments you can trade on the ForexVox and AvaTrade platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of ForexVox or AvaTrade.
ForexVox and AvaTrade Contact Details
Being able to contact your broker easily is a sign of a professional broker. ForexVox and AvaTrade have the following contact details and social medias that you can use.
Broker | ForexVox | AvaTrade |
---|---|---|
Telephone Number | +353 76 680 3327 | |
support@forexvox.com | cs@avatrade.com | |
Address | 51 Eastcheap, London, England, EC3M 1JP | Ul. Postpu 15, Warsaw, Masovian Voivodeship 02-676, PL |
ForexVox Twitter Account | AvaTrade Twitter Account | |
ForexVox Facebook Page | AvaTrade Facebook Page | |
ForexVox Instagram Account | AvaTrade Instagram Account | |
ForexVox LinkedIn Page | AvaTrade LinkedIn Page | |
YouTube | ForexVox YouTube Channel | AvaTrade YouTube Channel |
Find Out More |
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AvaTrade and ForexVox Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing ForexVox and AvaTrade will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
ForexVox vs AvaTrade - Awards
ForexVox vs AvaTrade - Frequently Asked Questions
ForexVox vs AvaTrade - Headquarters And Year Of Founding
ForexVox was founded in 2019 and has its headquaters in UK.
AvaTrade was founded in 2006 and has its head office in The British Virgin Islands.
What is the minimum deposit for AvaTrade or ForexVox
The minimum deposit for ForexVox is $0.
The minimum deposit for AvaTrade is $250.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both ForexVox and AvaTrade are a good option.
ForexVox vs AvaTrade - Regulation And Licencing In More Detail
ForexVox is regulated by Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028.
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
Both ForexVox and AvaTrade have a powerful collection of rules for ensuring fair trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare ForexVox vs AvaTrade Commission And Fees
ForexVox and AvaTrade are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the amount of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three types of penalties for this objective.
The first kind of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you are paying a spread, financing speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people that are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake in your account. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
Generally, neither ForexVox or AvaTrade charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees charged by ForexVox and AvaTrade are comparatively competitive. Consequently, you are billed more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't about the purchase and sale of assets.
This ForexVox vs AvaTrade review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For ForexVox And AvaTrade
What Languages Do ForexVox And AvaTrade Support?
Being able to talk easily with your online platform is a key part of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Here you can find the languages that both ForexVox and AvaTrade support.
How Many Clients Do ForexVox and AvaTrade Have?
Both ForexVox and AvaTrade are well established with their client base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers ForexVox and AvaTrade are active on their platform
What Payment Methods Do ForexVox and AvaTrade Accept?
ForexVox and AvaTrade both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at ForexVox and AvaTrade
What Can You Trade With ForexVox and AvaTrade?
ForexVox offers 101 trading instruments and AvaTrade offers 250.
Below you will find a full breakdown of what both ForexVox and AvaTrade offer.
ForexVox Review
ForexVox vs AvaTrade:
Table Of Contents
- Compare ForexVox vs AvaTrade
- Benefits of ForexVox and AvaTrade Compared
- AvaTrade and ForexVox Mobile App Comparison
- ForexVox vs AvaTrade - Awards
- ForexVox vs AvaTrade - Frequently Asked Questions
- What is the minimum deposit for AvaTrade or ForexVox
- ForexVox vs AvaTrade - Regulation And Licencing In More Detail
- Compare Broker Fees For ForexVox And AvaTrade
- What Languages Do ForexVox And AvaTrade Support?
- How Many Clients Do ForexVox and AvaTrade Have?
- What Payment Methods Do ForexVox and AvaTrade Accept?
- What Can You Trade With ForexVox and AvaTrade?