AvaTrade
Evolution Brokers
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while Evolution Brokers was established in 2008 and is based in Belize. AvaTrade holds licences including Central Bank of Ireland, while Evolution Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AvaTrade serves 200,000+ clients worldwide; Evolution Brokers has 10,000+. The minimum deposit is $250 at AvaTrade and $300 at Evolution Brokers.
| Feature | AvaTrade | Evolution Brokers |
|---|---|---|
| Min. Deposit | $250 | $300 |
| 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) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2006 | 2008 |
| Country | The British Virgin Islands | Belize |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and Evolution Brokers, directly affecting your bottom line as a trader. AvaTrade has a lower barrier to entry with a minimum deposit of $250 (vs $300 at Evolution Brokers). Evolution Brokers charges withdrawal fees while AvaTrade does not, giving AvaTrade an edge for frequent withdrawers. Evolution Brokers applies inactivity fees on dormant accounts; AvaTrade does not. Overall, AvaTrade scores higher on fees in our assessment.
| Feature | AvaTrade | Evolution Brokers |
|---|---|---|
| Min. Deposit | $250 | $300 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
AvaTrade offers MT4, MT5, cTrader, while Evolution Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which Evolution Brokers does not offer. The two brokers are closely matched on platform offering.
| Feature | AvaTrade | Evolution Brokers |
|---|---|---|
| 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 | WEB,Desktop,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and Evolution Brokers compare. Evolution Brokers runs regular live webinars; AvaTrade does not. Both provide video tutorials. Evolution Brokers publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. Evolution Brokers maintains an archive of past webinars for on-demand viewing. Evolution Brokers scores higher overall in education and research.
| Feature | AvaTrade | Evolution Brokers |
|---|---|---|
| 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 Evolution Brokers 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 | Evolution Brokers |
|---|---|---|
| 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 Evolution Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and Evolution Brokers supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | Evolution Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |