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Compare Forex Brokers Easy Forex And AvaTrade


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Subjective Ratings

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Easy Forex

AvaTrade

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

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Business Details

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Easy Forex

AvaTrade

 
Registered Business Name: Easy Forex US Ltd. AvaTrade
Broker Headquarters: Limassol, Cyprus Tel Aviv, Israel
Also has offices in: Chicago, Melbourne, Sydney, Manila, Tel Aviv British Virgin Islands as well as Ireland (it is a question whether these are real offices or not).
Regulated By: * ASIC AFSL (Australia);
* CySEC (Cyprus);
* CFTC & NFA (USA)
Central Bank of Ireland
In business since year:   2006
Broker Capital as of 01-1970 $10,606,977 Unknown
Client Account Segregation: Basler Kantonalbank Client funds segregated in accounts at Commerzbank, NatWest, Allied Bank, Net Bank
Collect Taxes on Earnings: No No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Not loaded
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)
Main liquidity providers: UBS, RBS (Royal Bank of Scotland) Unknown

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Trading Details

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Easy Forex

AvaTrade

 
Browser platform: Easy-Forex® (proprietary) AvaJava
Downloadable platform: No AvaFX Metatrader 4 (MT4),AvaTrader (ActTrader)
Mobile platform: Easy-Forex® (proprietary) AvaJava (for Android),AvaJava (for Blackberry),AvaJava (for iPad),AvaJava for iPhone
Phone dealing: Yes Yes
Order processing: Market Maker Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
VIP Account 200:1* $10,000/unlimited $1,000,000/unlimited
Mini Account 200:1* $200/$499 $2,500/unlimited
Platinum Account 200:1* $500/$4,999 $50,000/unlimited
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
Swap-free accounts       Yes - no extra charges and available to everyone, not just Islamic traders
Tradeable Instruments: 21    43   
No Dealing Desk Execution: Yes (dealing desk available on request) No
Typical spread on EUR/USD: 3-7 pips, depending on account type 3 pips (0.0003)
Fixed spreads: Yes (except after-hours) Yes
Guaranteed stop losses? Yes No - orders executed at best available price
Trailing Stops: None Server-side
OCO orders available: No Yes
If/then orders available:   No
Hedging capability: Yes Yes
Automated Trading: No On MT4 and ActTrader
Trading Hours: Sun. 20:00GMT - Fri. 21:00GMT (trading outside these times available but incurs higher spread costs) The platform is closed from Friday 9 pm GMT until Sunday 9 pm GMT
Timezone GMT GMT
Scalping allowed: No Fast trading is OK. Arbitrage is not.
Account currencies available: AUD, CAD, CHF, EUR, GBP, ILS, JPY, NOK, NZD, PLN, SGD, USD EUR, USD
Platform languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish Arabic, Chinese, Dutch, English, Finnish, French, German, Hebrew, Hungarian, Italian, Japanese, Korean, Portuguese, Russian, Slovak, Spanish, Turkish
Support languages: Arabic, Chinese, English, French, German, Greek, Hebrew, Polish, Russian, Spanish 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
Demo account: 15 days 21 days
Live chat support: Yes (Monday-Friday 06:00am GMT until 4pm GMT) Yes - very helpful staff
Interest on Margin: No No
Promotions & tournaments:   25% bonus on your first deposit. AvaFX debit card available for easy withdrawals.

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