AvaTrade
World Forex Review
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while World Forex Review was established in 2008 and is based in Vanuatu. AvaTrade holds licences including Central Bank of Ireland, while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. AvaTrade serves 200,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $250 at AvaTrade and $100 at World Forex Review.
| Feature | AvaTrade | World Forex Review |
|---|---|---|
| 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) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2006 | 2008 |
| Country | The British Virgin Islands | Vanuatu |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade and World Forex Review, directly affecting your bottom line as a trader. World Forex Review has a lower barrier to entry with a minimum deposit of $100 (vs $250 at AvaTrade). World Forex Review charges withdrawal fees while AvaTrade does not, giving AvaTrade an edge for frequent withdrawers. World Forex Review charges deposit fees; AvaTrade does not. Overall, World Forex Review scores higher on fees in our assessment.
| Feature | AvaTrade | World Forex Review |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
AvaTrade offers MT4, MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which World Forex Review does not offer. The two brokers are closely matched on platform offering.
| Feature | AvaTrade | World Forex Review |
|---|---|---|
| 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 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how AvaTrade and World Forex Review compare. World Forex Review runs regular live webinars; AvaTrade does not. Both provide video tutorials. World Forex Review publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.
| Feature | AvaTrade | World Forex Review |
|---|---|---|
| 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 World Forex Review 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 | World Forex Review |
|---|---|---|
| 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 World Forex Review offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and World Forex Review supports 2, giving AvaTrade broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, and Chinese |