AvaTrade
WIT Invest
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while WIT Invest was established in 2008 and is based in Saint Vincent and the Grenadines. AvaTrade holds licences including Central Bank of Ireland, while WIT Invest is regulated by Unregulated among others. AvaTrade serves 200,000+ clients worldwide; WIT Invest has 10,000+. The minimum deposit is $250 at AvaTrade and $100 at WIT Invest.
| Feature | AvaTrade | WIT Invest |
|---|---|---|
| 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) | Unregulated |
| Founded | 2006 | 2008 |
| Country | The British Virgin Islands | Saint Vincent and the Grenadines |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and WIT Invest, directly affecting your bottom line as a trader. WIT Invest has a lower barrier to entry with a minimum deposit of $100 (vs $250 at AvaTrade). Neither broker charges withdrawal fees. WIT Invest charges deposit fees; AvaTrade does not. Overall, WIT Invest scores higher on fees in our assessment.
| Feature | AvaTrade | WIT Invest |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
AvaTrade offers MT4, MT5, cTrader, while WIT Invest 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 | WIT Invest |
|---|---|---|
| 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 | Desktop, Tablet & Mobile apps,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and WIT Invest compare. WIT Invest runs regular live webinars; AvaTrade does not. Both provide video tutorials. WIT Invest publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. WIT Invest maintains an archive of past webinars for on-demand viewing. WIT Invest scores higher overall in education and research.
| Feature | AvaTrade | WIT Invest |
|---|---|---|
| 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 WIT Invest 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 | WIT Invest |
|---|---|---|
| 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 WIT Invest offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and WIT Invest supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | WIT Invest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |