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Stefan is a financial writer and Forex trading enthusiast with over a decade of experience in finance and technology. His interest in geopolitics, big data, and market sentiment drives his analysis of global market trends, with unbiased, well-researched content to help traders navigate the markets confidently.
AvaTrade vs. FXTM
In the fast-paced world of forex trading, choosing the right broker is crucial. AvaTrade and FXTM 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.
Regulations
Conditions
- Top-tier regulation and security with licenses from ASIC and CBI among others
- Accessible trading with a low minimum deposit of 100 USD
- Award-winning mobile trading with the AvaTradeGO app with social trading features
- Wide range of assets including unique instruments like vanilla options
- Educational material to support trader development and strategy enhancement
- Good for beginners
- Excellent education
- Well regulated
- Low minimum deposit
- Copy trading accounts
- Market analysis could be more extensive
- Avatrade is a Market Maker and operate a dealing desk which might not align with all trading preferences
- Good for beginners
- Excellent education
- Well regulated
- Low minimum deposit
- Copy trading accounts
How Do AvaTrade and FXTM Compare?
The radar chart above illustrates the comparison between AvaTrade and FXTM across several key metrics, with the highest possible score being 100 in each category.
Helping You Choose the Right Broker
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 FXTM, using our standard criteria: trust and regulation, trading platforms, costs and trading conditions, and educational and market analysis resources.
Trust and Regulation
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:
- AvaTrade holds three Tier 1 and two Tier 2 licences.
- FXTM holds one Tier 1 and no Tier 2 licences.
Based on these findings, AvaTrade earned a higher trust rating than FXTM.
Is AvaTrade financially regulated?
Yes AvaTrade was founded in 2006 and is regulated by ASIC, CBI, CySEC, FRSA, FSA-Japan, FSCA and ISA.Is FXTM financially regulated?
Yes FXTM was founded in 2011 and is regulated by CMA, FCA, FSC and FSCA.Trading Costs Comparison
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 FXTM.
Trading Platforms Offered
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.
- AvaTrade supports AvaOptions, Avatrade Social, MT4 and MT5
- FXTM supports MT4 and MT5
Copy Trading Availability
Copy trading is beneficial for beginner traders or those unable to trade full-time. In this case both AvaTrade and FXTM offer copy trading.
Range of Trading Instruments
A broader range of CFD instruments provides more trading opportunities. AvaTrade offers a greater variety of instruments compared to FXTM:
- AvaTrade: 63 Forex pairs.
- FXTM: 62 Forex pairs.
Cryptocurrency Trading
For those interested in trading cryptocurrencies, AvaTrade offers 30 cryptocurrencies, while FXTM offers 0 cryptocurrencies. Therefore, AvaTrade is the better choice for cryptocurrency trading.
Deposit and Withdrawal Processes
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 FXTM charges a withdrawal fee and AvaTrade does not. Overall, AvaTrade has better deposit and withdrawal processes than FXTM.
Educational Support?
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 FXTM both have very good educational support. Both AvaTrade and FXTM offer educational support for more experienced traders.Market Analysis Materials
Access to frequent and high-quality market research and analysis is crucial.
We found that AvaTrade offers better research analysis than FXTM and that both AvaTrade and FXTM offer frequent webinars.
Overall Verdict
- AvaTrade:
As one of the best all-around Forex brokers, AvaTrade will be an attractive choice for most traders. AvaTrade has low trading fees, a wide range of trading instruments, and a choice of four different trading platforms. AvaTrade offers some of the best trading tools in the industry, alongside a world-class selection of educational and market analysis materials.
AvaTrade is also popular for its award-winning mobile app which has great risk management tools and a direct connection to AvaSocial, AvaTrade’s popular social trading system.
One major drawback for Filipino traders considering AvaTrade is that they are onboarded through AvaTrade’s BVI-regulated entity, which means that they are not as well protected as their international counterparts.
- FXTM:
FXTM will be a good choice for many beginner traders. It offers a low-deposit Micro Account, an excellent copy trading platform, and provides a variety of learning materials in both video and written formats. Its daily market analysis will also help beginners understand the real-world implications of news events on the Forex market and where trading opportunities lie.
Our main concern is that FXTM’s Filipino clients are onboarded through FXTM’s Mauritius-based entity. We were also disappointed to find that FXTM’s trading costs are higher than other brokers and that it charges fees for all withdrawals. The range of instruments is also quite limited compared to other brokers.
Overall, FXTM has many positive features, especially for beginners, but more experienced traders may find FXTM’s limitations difficult to overlook.
Overall Ratings
- AvaTrade: 4.59
- FXTM: 2.0
For more detailed reviews, please read our comprehensive assessments of AvaTrade and FXTM.
Best Brokers Uganda 2026
You can either use the arrow button or swipe on mobile
Broker | Countries Regulated | Minimum Spread EUR/USD | Minimum Deposit | Trading cost/lot EURUSD Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission. | Broker Score | Broker Website | Select and Compare |
|---|---|---|---|---|---|---|---|
 |    | 0.10 pips | USD 3 | USD 7 | |||
 |    | 0 pips | USD 0 | USD 7 | |||
 | | 0.10 pips | USD 200 | USD 8 | |||
 | | 0.70 pips | USD 10 | USD 17 | |||
 |  | 0 pips | AUD 0 | USD 4.50 | |||
 | | 0.90 pips | USD 100 | USD 9 | |||
|  | 0.60 pips | USD 5 | USD 6 | |||
 | | 0 pips | USD 0 | USD 10 | |||
 |   | 0.70 pips | USD 5 | USD 7 | |||
 | | 0 pips | USD 100 | USD 6 |
Select another broker to another broker to compare features, fees, and platforms side by side.
Let's Talk Forex with Alison & Chris
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.
The FxScouts podcast helps beginner Forex traders get the best start to their trading careers.