AvaTrade
profiforex corp
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while profiforex corp was established in 2018 and is based in Cyprus. AvaTrade holds licences including Central Bank of Ireland, while profiforex corp is regulated by Financial Conduct Authority (FCA) among others. AvaTrade serves 200,000+ clients worldwide; profiforex corp has 30,000+. Both brokers share the same minimum deposit of $250.
| Feature | AvaTrade | profiforex corp |
|---|---|---|
| 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) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F297 |
| Founded | 2006 | 2018 |
| Country | The British Virgin Islands | Cyprus |
| Clients | 200,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and profiforex corp, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | AvaTrade | profiforex corp |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
AvaTrade offers MT4, MT5, cTrader, while profiforex corp supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which profiforex corp does not offer. AvaTrade edges ahead on platform breadth and functionality in our scoring.
| Feature | AvaTrade | profiforex corp |
|---|---|---|
| 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 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and profiforex corp compare. profiforex corp runs regular live webinars; AvaTrade does not. Both provide video tutorials. profiforex corp publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. profiforex corp maintains an archive of past webinars for on-demand viewing. profiforex corp scores higher overall in education and research.
| Feature | AvaTrade | profiforex corp |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 profiforex corp supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). profiforex corp uniquely supports Skrill among the two brokers. profiforex corp scores higher on deposit and withdrawal flexibility.
| Feature | AvaTrade | profiforex corp |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| 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 profiforex corp offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and profiforex corp supports 8, giving profiforex corp broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | profiforex corp |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |