AvaTrade vs FXCM

What each publishes, side by side. — means we haven't got it from the broker's own pages.

	AvaTrade	FXCM
Licences on a register	6 of 8	3 of 3
Regulators	FSCACBICySECASICFSC BVIJFSA JapanFSRA ADGMCMA Kenya	FSCAASICCySEC
Lowest spread	0.9Advertised minimum, pips	—
Commission / lot	—	$0Standard accounts are zero-commission; Active Trader is commission-based
Min deposit	$100USD account, card or wire; no ZAR amount listed	—
Max leverage	400:1Up to, depending on your local regulation	—
Platforms	MT4, MT5, TradingViewPlatforms named on the broker's own site	MT4, TradingViewPlatforms named on the broker's own site
Licences stated✓ = matched on register	✓ FSCA 45984 ✓ CBI C53877 ✓ CySEC 347/17 ✓ ASIC 406684 · FSC BVI SIBA/L/13/1049 ✓ JFSA Japan 1662 · FSRA ADGM 190018 ✓ CMA Kenya 262	✓ FSCA 46534 ✓ ASIC 309763 ✓ CySEC 392/20
Regulator warningsFCA list, name match	Unauthorised firm using a similar name Unauthorised firm using a similar name Unauthorised firm using a similar name Unauthorised firm using a similar name	Clone of an authorised firm Clone of an authorised firm
Trustpilot	4.812,187 reviewsRead on Trustpilot ↗	—Read on Trustpilot ↗
Regulator warning naming the firm	Yes	Yes
Visit	Visit AvaTrade	Visit FXCM

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Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.