AvaTrade
Chase Bank
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while Chase Bank was established in 1975 and is based in United States. AvaTrade holds licences including Central Bank of Ireland, while Chase Bank is regulated by Australian Securities and Investment Commission (ASIC) among others. AvaTrade serves 200,000+ clients worldwide; Chase Bank has 10,000+. The minimum deposit is $250 at AvaTrade and $100 at Chase Bank.
| Feature | AvaTrade | Chase Bank |
|---|---|---|
| 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) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2006 | 1975 |
| Country | The British Virgin Islands | United States |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and Chase Bank, directly affecting your bottom line as a trader. Chase Bank has a lower barrier to entry with a minimum deposit of $100 (vs $250 at AvaTrade). Neither broker charges withdrawal fees. Overall, Chase Bank scores higher on fees in our assessment.
| Feature | AvaTrade | Chase Bank |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
AvaTrade offers MT4, MT5, cTrader, while Chase Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which Chase Bank does not offer. The two brokers are closely matched on platform offering.
| Feature | AvaTrade | Chase Bank |
|---|---|---|
| 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 | Desktop,Android,iPhone/iPad,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and Chase Bank compare. Chase Bank runs regular live webinars; AvaTrade does not. Both provide video tutorials. Chase Bank publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. Chase Bank maintains an archive of past webinars for on-demand viewing. Chase Bank scores higher overall in education and research.
| Feature | AvaTrade | Chase Bank |
|---|---|---|
| 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 Chase Bank 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 | Chase Bank |
|---|---|---|
| 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 Chase Bank offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and Chase Bank supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | Chase Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |