AvaTrade
Bittrex
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while Bittrex was established in 2010 and is based in South Korea. AvaTrade holds licences including Central Bank of Ireland, while Bittrex is regulated by Securities and Exchange Commission (SEC) among others. AvaTrade serves 200,000+ clients worldwide; Bittrex has 10,000+. The minimum deposit is $250 at AvaTrade and $100 at Bittrex.
| Feature | AvaTrade | Bittrex |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | 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) | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2006 | 2010 |
| Country | The British Virgin Islands | South Korea |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and Bittrex, directly affecting your bottom line as a trader. Bittrex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at AvaTrade). Neither broker charges withdrawal fees. Bittrex charges deposit fees; AvaTrade does not. Overall, Bittrex scores higher on fees in our assessment.
| Feature | AvaTrade | Bittrex |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
AvaTrade offers MT4, MT5, cTrader, while Bittrex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which Bittrex does not offer. The two brokers are closely matched on platform offering.
| Feature | AvaTrade | Bittrex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MetaTrader 4, cTrader Platform |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and Bittrex compare. Bittrex runs regular live webinars; AvaTrade does not. Both provide video tutorials. Bittrex publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. Bittrex maintains an archive of past webinars for on-demand viewing. Bittrex scores higher overall in education and research.
| Feature | AvaTrade | Bittrex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AvaTrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while Bittrex supports 2 (bank transfer, credit/debit card). AvaTrade uniquely supports PayPal and Neteller among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.
| Feature | AvaTrade | Bittrex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AvaTrade and Bittrex offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and Bittrex supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | Bittrex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |