In the fast-paced world of forex trading, choosing the right broker is crucial. AvaTrade and easyMarkets are two popular options, each with unique strengths and weaknesses. This comparison will dive into the key features of both platforms,helping you decide which one best suits your trading style and goals.
The radar chart above illustrates the comparison between AvaTrade and easyMarkets across several key metrics, with the highest possible score being 100 in each category.
At FxScouts, our mission is to assist traders in finding the broker that best suits their needs. Comparing brokers side-by-side is an effective method to achieve this goal. We evaluated AvaTrade and easyMarkets, using our standard criteria: trust and regulation, trading platforms, costs and trading conditions, and educational and market analysis resources.
Trust and regulation are crucial when selecting a Forex broker. A broker’s credibility is largely built on its regulatory status. We spend considerable time verifying the safety of each broker by examining their regulatory licenses. We also consider numerous factors when deciding which tier a regulator belongs to. Regulators that we rank as the world’s top regulators, gets a tier 1 rank, while regulators who only scores a tier 5-rank, provide virtually no regulatory oversight. The more top-tier authorities regulating a broker, the higher its trust rating. Read more about regulation and our tier system here.
In our comparison:
Based on these findings, AvaTrade earned a higher trust rating than easyMarkets.
When comparing brokers, trading costs are a significant factor. We consider the minimum deposit required to open an account and ongoing costs, including spreads and commissions. We measure the cost to trade one lot of EUR/USD using the broker’s account with the lowest minimum deposit, including both the spread and any commission charged.
We found that AvaTrade has overall lower trading costs than easyMarkets.
Trading Platforms Offered Traders prefer brokers that offer a variety of trading platforms. We rate brokers higher if they support multiple platforms like MetaTrader4, MetaTrader5, cTrader, and proprietary platforms.
Copy trading is beneficial for beginner traders or those unable to trade full-time. In this case both AvaTrade and easyMarkets offer copy trading.
A broader range of CFD instruments provides more trading opportunities. AvaTrade offers a greater variety of instruments compared to easyMarkets:
For those interested in trading cryptocurrencies, AvaTrade offers 30 cryptocurrencies, while easyMarkets offers 20 cryptocurrencies. Therefore, AvaTrade is the better choice for cryptocurrency trading.
Traders prefer brokers with quick and cost-effective deposit and withdrawal processes. We favor brokers that process withdrawals within 24 hours using multiple methods without charging fees.We found that neither AvaTrade nor easyMarkets charges a withdrawal fee. Overall, easyMarkets has better deposit and withdrawal processes than AvaTrade.
We often find that brokers offer very little in the way of educational materials, forcing traders to use other third-party sites or self-educate elsewhere. Beginner traders need well-structured, well-presented materials in multiple formats to get a good start at trading. More experienced traders also benefit from webinars led by experts in the field and advanced trading strategy sections with new trading ideas.
AvaTrade and easyMarkets both have very good educational support. Both AvaTrade and easyMarkets offer educational support for more experienced traders.Access to frequent and high-quality market research and analysis is crucial.
We found that AvaTrade offers better research analysis than easyMarkets and that both AvaTrade and easyMarkets offer frequent webinars.
AvaTrade stands out as one of the best all-round brokers, offering a strong combination of low trading costs, a wide range of tradable assets, and support for multiple platforms including MT4, MT5, WebTrader, and AvaOptions. Traders also benefit from an excellent suite of third-party and proprietary tools — such as AvaProtect, Trading Central, Capitalise.ai, DupliTrade, and AvaSocial — giving both beginners and experienced traders the resources they need to make informed decisions.
AvaTrade’s award-winning mobile app further strengthens its appeal, delivering intuitive navigation, advanced risk-management features, and seamless integration with social trading. Combined with a world-class library of educational materials and frequent market analysis updates, AvaTrade provides a comprehensive and highly accessible trading environment suitable for traders across all experience levels.
Founded in 2001, easyMarkets is a well-regulated market maker with no dealing desk intervention. It offers trading on six different instruments, including commodities, indices, metals, shares, cryptocurrencies, and over 103 currency pairs, many more than most other Forex brokers.
easyMarkets has a history as one of the most innovative brokers in the industry and was the first broker to introduce negative balance protection and a guaranteed stop-loss. It has continued to innovate with tools such as easyTrade, Freeze Rate, and dealCancellation to help traders manage risk. Trading is offered on its beginner-friendly proprietary platform as well as MT4, and easyMarkets allows scalping, hedging, and algorithmic trading.
easyMarkets’ trading costs are around the average offered by other market makers, with spreads that are fixed at 0.9 pips (EUR/USD) on its VIP Account, in exchange for a minimum deposit of 25 USD, making it appealing to both beginners and more experienced traders. easyMarkets also does not charge any deposit or withdrawal fees and provides negative balance protection for all traders. Additionally, while easyMarkets provides a good educational library for beginner traders, its market analysis lacks depth compared to other brokers.
For more detailed reviews, please read our comprehensive assessments of AvaTrade and easyMarkets.
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Broker | Overall Rating Our overall rating evaluates brokers on platform quality, fees, service, regulation, and instruments. Higher scores reflect better performance and reliability. | Official Site Click to visit the broker’s official website for more information and to open an account. | Min. Deposit The minimum amount of money required to open an account with this broker. | Min. Spread | Trading Cost | Licenced by Displays the financial regulators licensing the broker, shown by national flags, ensuring compliance with financial standards for safer trading. | Accepts Traders from %s | Compare Select two brokers using the checkboxes to compare their features, fees, platforms, and more side by side. |
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USD 0 | 0 pips | USD 7 | jp, es, us, ca | |||||
USD 3 | 0.10 pips | USD 7 | at, be, bg, cy, cz, de, dk, ee, el*, es, fi, fr, hr, hu, ie, it, lt, lu, lv, mt, nl, pl, pt, ro, se, si, sk, us, ca, au, nz, il, iq, sy, ir, kp, my, ye, sg, pr, gu | |||||
USD 0 | 0 pips | USD 10 | jp, be, el, lt, pt, bg, es, lu, ro, cz, fr, hu, si, dk, hr, mt, sk, de, it, nl, fi, ee, cy, at, se, ie, lv, pl | |||||
USD 5 | 0.60 pips | USD 6 | us, es, ca, ir, il | |||||
USD 100 | 0.90 pips | USD 9 | es, be, cu, ir, kp, sy, us, nz, ru, by, lb, ye, im, uk, je, gg, af, dz, iq, ps, in | |||||
USD 100 | 1 pips | USD 10 | jp, es | |||||
USD 100 | 0.40 pips | USD 14 | es | |||||
USD 100 | 0 pips | USD 6 | jp, es | |||||
USD 200 | 0.10 pips | USD 8 | jp, es | |||||
USD 0 | 0.80 pips | USD 7 | us, es |
Alison and Chris cover a range of topics, including how to choose a Forex broker, safety and regulation, how to reduce your risk, trading psychology, trading platforms, and trading strategies, among others.
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