AvaTrade
Nadex
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while Nadex was established in 2008 and is based in USA. AvaTrade holds licences including Central Bank of Ireland, while Nadex is regulated by Unregulated among others. AvaTrade serves 200,000+ clients worldwide; Nadex has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | AvaTrade | Nadex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| 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) | Unregulated |
| Founded | 2006 | 2008 |
| Country | The British Virgin Islands | USA |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and Nadex, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. Nadex applies inactivity fees on dormant accounts; AvaTrade does not. Overall, AvaTrade scores higher on fees in our assessment.
| Feature | AvaTrade | Nadex |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
AvaTrade offers MT4, MT5, cTrader, while Nadex supports 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. AvaTrade edges ahead on platform breadth and functionality in our scoring.
| Feature | AvaTrade | Nadex |
|---|---|---|
| MT4 | Yes | No |
| 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,iPad,mac,Desktop,iPhoneiOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and Nadex compare. AvaTrade has a video library; Nadex does not. AvaTrade integrates third-party research tools (Autochartist); Nadex does not. AvaTrade scores higher overall in education and research.
| Feature | AvaTrade | Nadex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| 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 Nadex 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 | Nadex |
|---|---|---|
| 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 Nadex offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and Nadex supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | Nadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |