Advanced Global Markets
AvaTrade
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Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while AvaTrade was established in 2006 and is based in The British Virgin Islands. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while AvaTrade is regulated by Central Bank of Ireland among others. Advanced Global Markets serves 10,000+ clients worldwide; AvaTrade has 200,000+. The minimum deposit is $500 at Advanced Global Markets and $250 at AvaTrade.
| Feature | Advanced Global Markets | AvaTrade |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | 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 | 1992 | 2006 |
| Country | Cyprus | The British Virgin Islands |
| Clients | 10,000+ | 200,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets 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 Advanced Global Markets). Advanced Global Markets charges withdrawal fees while AvaTrade does not, a notable advantage for frequent withdrawers. Advanced Global Markets charges deposit fees; AvaTrade does not. Overall, AvaTrade scores higher on fees in our assessment.
| Feature | Advanced Global Markets | AvaTrade |
|---|---|---|
| Min. Deposit | $500 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while AvaTrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | AvaTrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | 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 Advanced Global Markets and AvaTrade compare. Advanced Global Markets runs regular live webinars; AvaTrade does not. Both provide video tutorials. Advanced Global Markets publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | AvaTrade |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets 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 | Advanced Global Markets | 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 Advanced Global Markets and AvaTrade offer live chat support. Both provide phone support. Email support is available at both brokers. Advanced Global Markets supports 2 languages and AvaTrade supports 6, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | AvaTrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Italian, German, French, Greek, and Hebrew |