CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
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AvaTrade
vs
FXOpen

AvaTrade vs FXOpen

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

AvaTradeFXOpen
Licences on a register6 of 82 of 2
RegulatorsFSCACBICySECASICFSC BVIJFSA JapanFSRA ADGMCMA KenyaFCACySEC
Lowest spread0.9Advertised minimum, pips0.0Advertised 'spreads from', pips
Commission / lot—$1.50 per lot'commission from $1.50 per lot' (ECN account)
Min deposit$100USD account, card or wire; no ZAR amount listed$300'Low minimum deposit from £300, $300, €300'
Max leverage400:1Up to, depending on your local regulation1:30Maximum leverage as stated on the page; depends on entity and client type
PlatformsMT4, MT5, TradingViewPlatforms named on the broker's own siteMT4, MT5Platforms 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
  • ✓ FCA 579202
  • ✓ CySEC 194/13
Regulator warningsFCA list, name matchNone found
Trustpilot4.812,187 reviewsRead on Trustpilot ↗—Read on Trustpilot ↗
Regulator warning naming the firmYesNone found
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Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.