AvaTrade
FreshForex
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while FreshForex was established in 2004 and is based in Russia. AvaTrade holds licences including Central Bank of Ireland, while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. AvaTrade serves 200,000+ clients worldwide; FreshForex has 710,000+. The minimum deposit is $250 at AvaTrade and $1 at FreshForex.
| Feature | AvaTrade | FreshForex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| 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) | SVGFSA 20623 IBC 2012 |
| Founded | 2006 | 2004 |
| Country | The British Virgin Islands | Russia |
| Clients | 200,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and FreshForex, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $250 at AvaTrade). Neither broker charges withdrawal fees. Overall, FreshForex scores higher on fees in our assessment.
| Feature | AvaTrade | FreshForex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
AvaTrade offers MT4, MT5, cTrader, while FreshForex supports MT4, MT5, a proprietary platform. AvaTrade offers a mobile trading app; mobile availability for FreshForex is limited. Both brokers support copy or social trading, catering to less hands-on investors. AvaTrade edges ahead on platform breadth and functionality in our scoring.
| Feature | AvaTrade | FreshForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Windows, MAC, Linux |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and FreshForex compare. FreshForex runs regular live webinars; AvaTrade does not. Both provide video tutorials. FreshForex publishes daily market commentary; AvaTrade does not. AvaTrade integrates third-party research tools (Autochartist); FreshForex does not. FreshForex maintains an archive of past webinars for on-demand viewing. FreshForex scores higher overall in education and research.
| Feature | AvaTrade | FreshForex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | No |
| Autochartist | Yes | No |
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 FreshForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). AvaTrade uniquely supports PayPal among the two brokers. FreshForex uniquely supports Skrill among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.
| Feature | AvaTrade | FreshForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AvaTrade and FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and FreshForex supports 1, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English |