AvaTrade
Euro Pacific Bank
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while Euro Pacific Bank was established in 1978 and is based in Puerto Rico. AvaTrade holds licences including Central Bank of Ireland, while Euro Pacific Bank is regulated by Office of the Commissioner of Financial Institutions (OCIF) among others. AvaTrade serves 200,000+ clients worldwide; Euro Pacific Bank has 10,000+. The minimum deposit is $250 at AvaTrade and $100 at Euro Pacific Bank.
| Feature | AvaTrade | Euro Pacific 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) | Office of the Commissioner of Financial Institutions (OCIF) |
| Founded | 2006 | 1978 |
| Country | The British Virgin Islands | Puerto Rico |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and Euro Pacific Bank, directly affecting your bottom line as a trader. Euro Pacific Bank has a lower barrier to entry with a minimum deposit of $100 (vs $250 at AvaTrade). Euro Pacific Bank charges withdrawal fees while AvaTrade does not, giving AvaTrade an edge for frequent withdrawers. Euro Pacific Bank charges deposit fees; AvaTrade does not. Overall, Euro Pacific Bank scores higher on fees in our assessment.
| Feature | AvaTrade | Euro Pacific Bank |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
AvaTrade offers MT4, MT5, cTrader, while Euro Pacific Bank 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 | AvaTrade | Euro Pacific 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 | iPhone/iPad,Mac,Desktop, |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and Euro Pacific Bank compare. Euro Pacific Bank runs regular live webinars; AvaTrade does not. Both provide video tutorials. Euro Pacific Bank publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. Euro Pacific Bank maintains an archive of past webinars for on-demand viewing. Euro Pacific Bank scores higher overall in education and research.
| Feature | AvaTrade | Euro Pacific 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 Euro Pacific 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 | Euro Pacific 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 Euro Pacific Bank offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and Euro Pacific Bank supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | Euro Pacific Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |