AvaTrade
Caveo
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while Caveo was established in 2016 and is based in variable. AvaTrade holds licences including Central Bank of Ireland, while Caveo is regulated by Financial Conduct Authority (FCA) among others. AvaTrade serves 200,000+ clients worldwide; Caveo has 10,000+. The minimum deposit is $250 at AvaTrade and $0 at Caveo.
| Feature | AvaTrade | Caveo |
|---|---|---|
| Min. Deposit | $250 | $0 |
| 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) | Financial Conduct Authority (FCA) |
| Founded | 2006 | 2016 |
| Country | The British Virgin Islands | variable |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and Caveo, directly affecting your bottom line as a trader. Caveo has a lower barrier to entry with a minimum deposit of $0 (vs $250 at AvaTrade). Neither broker charges withdrawal fees. Caveo charges deposit fees; AvaTrade does not. Overall, Caveo scores higher on fees in our assessment.
| Feature | AvaTrade | Caveo |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
AvaTrade offers MT4, MT5, cTrader, while Caveo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which Caveo does not offer. The two brokers are closely matched on platform offering.
| Feature | AvaTrade | Caveo |
|---|---|---|
| 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 | IRESSTrader,IRESSInvestor,netIRESS,XPLAN |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and Caveo compare. Caveo runs regular live webinars; AvaTrade does not. Both provide video tutorials. Caveo publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. Caveo maintains an archive of past webinars for on-demand viewing. Caveo scores higher overall in education and research.
| Feature | AvaTrade | Caveo |
|---|---|---|
| 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 Caveo 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 | Caveo |
|---|---|---|
| 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 Caveo offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and Caveo supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | Caveo |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |