Abshire Smith
AvaTrade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while AvaTrade was established in 2006 and is based in The British Virgin Islands. Abshire Smith holds licences including Financial Conduct Authority (FCA), while AvaTrade is regulated by Central Bank of Ireland among others. Abshire Smith serves 10,000+ clients worldwide; AvaTrade has 200,000+. The minimum deposit is $500 at Abshire Smith and $250 at AvaTrade.
| Feature | Abshire Smith | AvaTrade |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) |
| Founded | 1997 | 2006 |
| Country | United kingdom | The British Virgin Islands |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and AvaTrade, directly affecting your bottom line as a trader. AvaTrade has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. Abshire Smith charges deposit fees; AvaTrade does not. Overall, AvaTrade scores higher on fees in our assessment.
| Feature | Abshire Smith | AvaTrade |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while AvaTrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Abshire Smith | AvaTrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and AvaTrade compare. AvaTrade has a video library; Abshire Smith does not. AvaTrade integrates third-party research tools (Autochartist); Abshire Smith does not. AvaTrade scores higher overall in education and research.
| Feature | Abshire Smith | AvaTrade |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while AvaTrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). AvaTrade uniquely supports PayPal and Neteller among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | AvaTrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and AvaTrade offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and AvaTrade supports 6, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | AvaTrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Italian, German, French, Greek, and Hebrew |