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TradeStation vs AvaTrade: 2023 Comparison

Franklin Carneiro da Silva| Updated: August 22, 2023

Are you confused about whether to choose TradeStation vs AvaTrade as a broker for your investing needs?

In this side-by-side comparison, we analyse TradeStation vs AvaTrade to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.

Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!

Ideal for
US investors looking for commission-free trades

TradeStation is a comprehensive online brokerage platform designed for active traders and investors, giving you a wide range of tradable assets (stocks, ETFs, options, futures, and forex),

One of the standout features of TradeStation is its robust trading technology. The platform provides access to real-time market data, customizable charting tools, and advanced order execution options.

The platform offers a wide range of educational resources, including webinars, tutorials, and a vibrant online community where traders can exchange ideas and insights.

TradeStation vs AvaTrade: 2023 Comparison 1
Visit AvaTradeAsset 3

76% of retail CFD accounts lose money.

Ideal for
CFD traders

AvaTrade is a well-established online broker known for its competitive spreads, reliable execution, and comprehensive educational resources.

The broker also provides access to a range of powerful trading tools and platforms, including the popular MetaTrader 4 and AvaTradeGO.

AvaTrade stands out for its customer-centric approach, offering dedicated multilingual support through various channels, including phone, email, and live chat.

Pros and Cons

Pros

  • 0% commissions on stocks and ETFs
  • Low commission on options trading
  • Good research and education tools
  • Sophisticated trading platforms

Cons

  • Minimum deposit of $500
  • High fees on withdrawal
  • Weak customer support

Pros

  • Wide range of CFD products
  • 0% commissions and low spreads
  • Good trading platforms (web and mobile)
  • Great Educational Tools
  • Social trading (AvaSocial)

Cons

  • Average forex fees
  • High inactivity fees
  • No real stocks or ETFs
Tradestation logo
TradeStation vs AvaTrade: 2023 Comparison 2
  •  
  • General Information
  • Founded in
  • Demo Account
  • Account Minimum
  • Interest on unninvested cash (annually)
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks
  • EU stocks
  • ETFs
  • Cryptocurrencies
  • Custody Fee
  • Inactivity Fee
  • Withdrawal Fee
  • Connectivity Fee
  • Currency Conversion Fee
  • Security
  • Regulators
  • Investor Compensation Scheme(per person, per institution)
  • TradeStationAsset 3
  • General Information
  • Founded in1982
  • Demo Account
  • Account Minimum$500
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocks$0
  • EU stocksNot Applicable
  • ETFs$0
  • Cryptocurrencies-
  • Custody Fee-
  • Inactivity Fee-
  • Withdrawal Fee-
  • Connectivity Fee-
  • Currency Conversion Fee-
  • Security
  • RegulatorsSEC and FINRA
  • Investor Compensation Scheme(per person, per institution)

    Up to $500,000 for assets (of which up to $250,000 is for cash).

  • AvaTradeAsset 3

    76% of retail CFD accounts lose money.

  • General Information
  • Founded in2006
  • Demo Account
  • Account Minimum$100
  • Interest on unninvested cash (annually)0%
  • Products
  • Stocks
  • ETFs
  • Bonds
  • Funds
  • Options
  • Futures
  • CFDs*On Forex, Indices, Stocks, ETF, Options, Commodities and Cryptocurrencies.
  • Leverage Products
  • Forex
  • Cryptocurrencies
  • Commodities
  • Fees
  • US stocksNot Applicable
  • EU stocksNot Applicable
  • ETFsNot Applicable
  • CryptocurrenciesNot Applicable
  • Custody Fee$0
  • Inactivity Fee-
  • Withdrawal Fee$0**$0
  • Connectivity Fee-
  • Currency Conversion Fee$0
  • Security
  • RegulatorsCBI, FSC, ASIC, FSCA, FSA, FFAJ, ADGM – FSRA, ISA, PFSA
  • Investor Compensation Scheme(per person, per institution)-
Franklin Carneiro da Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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