Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers AvaTrade And AskOBid


 Compare more forex brokers

Visit AvaTrade Visit AskOBid


Subjective Ratings

Compare Category

AvaTrade

AskOBid

Charting: Four star Charting Rating Four and Half star Charting Rating
Execution: Five star Execution Rating Five star Execution Rating
Transaction costs (spreads): Three and Half star Transaction Costs (spreads) Rating Four star Transaction Costs (spreads) Rating
User-friendliness: Four star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Four and Half star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Five star Platform Reliability Rating
Customer support: Four star Customer Support Rating Four star Customer Support Rating
Rollover interest rates: Three and Half star Rollover interest rates Rating Four star Rollover interest rates Rating
Withdrawal processing: Four star Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Four and Half star Average Rating Four and Half star Average Rating

Visit AvaTrade Visit AskOBid

Business Details

Compare Category

AvaTrade

AskOBid

 
Registered Business Name: AvaTrade O.C.M. Online Capital Markets Ltd.
Broker Headquarters: Tel Aviv, Israel Limassol, Cyprus
Also has offices in: British Virgin Islands as well as Ireland (it is a question whether these are real offices or not). none
Regulated By: Central Bank of Ireland CySEC
In business since year: 2006 2010
Broker Capital as of 01-1970 Unknown Unknown
Client Account Segregation: Client funds segregated in accounts at Commerzbank, NatWest, Allied Bank, Net Bank Yes - funds held at Marfin Popular Bank, Cyprus
Collect Taxes on Earnings: No No
Prohibit clients from: No No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Diners Club $0 $0
MasterCard $0 $0
Moneybookers $0 $0
NETeller $0 $0
PayPal $0 $0
Visa $0 $0
WebMoney $0 $0
Wire Transfer $0 $0 (min $500)
MethodDeposit FeeWithdrawal Fee
4B Debit
AMEX
Carta Si
Carte Bleue
Dankort Debit
Delta Debit
Diners Club
EC
eNETS
ePay.bg
EPS
Euro6000 Debit
giropay
iDEAL
JCB
Laser Debit
MasterCard/Maestro
Moneybookers
Netelis Asia
Nordea
POLi
Postepay
Przelewy24
Sofort
Solo Debit
UnionPay
Visa
Visa Electron
Westpac (WBK)
Wire Transfer
Main liquidity providers: Unknown Unknown

Visit AvaTrade Visit AskOBid

Trading Details

Compare Category

AvaTrade

AskOBid

 
Browser platform: AvaJava AskOBid Trader (Tradorz)
Downloadable platform: AvaFX Metatrader 4 (MT4),AvaTrader (ActTrader) AskOBid Metatrader 4 (MT4)
Mobile platform: AvaJava (for Android),AvaJava (for Blackberry),AvaJava (for iPad),AvaJava for iPhone AskOBid Trader (Tradorz)
Phone dealing: Yes Yes
Order processing: Market Maker Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Platinum 400:1* on MT4, 200:1* on ActTr $10,000/unlimited 1,000/unlimited 1,000 minimum on MT4, 5,000 minimum on ActTrader
Silver 400:1* on MT4, 200:1* on ActTr $100/$999 1,000/unlimited 1,000 minimum on MT4, 5,000 minimum on ActTrader
Gold 400:1* on MT4, 200:1* on ActTr $1,000/$9,999 1,000/unlimited 1,000 minimum on MT4, 5,000 minimum on ActTrader
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Platinum Account 200:1* $10,001/unlimited 100,000/30,000,000 units
Silver Account 200:1* $100/$1,000 5,000/500,000 units
Gold Account 200:1* $1,001/$10,000 25,000/5,000,000 untis
Swap-free accounts   Yes - no extra charges and available to everyone, not just Islamic traders   No swap-free accounts available
Tradeable Instruments: 43    48   
No Dealing Desk Execution: No Depending on risk profile
Typical spread on EUR/USD: 3 pips (0.0003) 3 pips (0.0003) FIXED (depending on account type)
Fixed spreads: Yes Yes
Guaranteed stop losses? No - orders executed at best available price Yes, stop loss orders are guaranteed against slippage.
Trailing Stops: Server-side Client-side
OCO orders available: Yes No
If/then orders available: No No
Hedging capability: Yes Yes
Automated Trading: On MT4 and ActTrader Yes, on MT4
Trading Hours: The platform is closed from Friday 9 pm GMT until Sunday 9 pm GMT Sunday 21:00 PM GMT to Friday 21:00 PM GMT
Timezone GMT GMT
Scalping allowed: Fast trading is OK. Arbitrage is not. Yes on MT4, but not on AskOBid platform (2 min. required between open & close)
Account currencies available: EUR, USD USD
Platform languages: Arabic, Chinese, Dutch, English, Finnish, French, German, Hebrew, Hungarian, Italian, Japanese, Korean, Portuguese, Russian, Slovak, Spanish, Turkish Arabic, Bulgarian, Czech, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Spanish, Traditional Chinese, Turkish
Support languages: Arabic, Chinese, Croatian, Dutch, English, Finnish, French, German, Greek, Hebrew, Hindi, Indonesian, Italian, Japanese, Malay, Norwegian, Polish, Portuguese, Punjabi, Romanian, Russian, Serbian, Slovak, Spanish, Swedish, Turkish, Urdu English, French, German, Portuguese, Spanish, Turkish
Demo account: 21 days 21 days
Live chat support: Yes - very helpful staff Yes - polite but not particularly knowledgeable
Interest on Margin: No No
Promotions & tournaments: 25% bonus on your first deposit. AvaFX debit card available for easy withdrawals. 10% deposit bonus on Silver Accounts, 15% on Gold, 30% on Platinum!

Visit AvaTrade Visit AskOBid


Bookmark and Share