3+ best Avatrade alternatives & competitors in 2025

Research the best alternatives to Avatrade, compiled using a range of criteria, including cost, security, and user reviews.
Written by
Updated on Aug 22, 2024
Reading time 5 minutes

Avatrade is a multi asset CFD brokerage based in Ireland. Founded in 2006, it now operates in over 150 countries globally and provides an abundance of trading related resources at little to no cost for its users.

Compare the cost of trading and the available range of financial markets to learn if you can trust Avatrade, or whether it’s better to find the best Avatrade alternative.

Quick take: best alternatives to Avatrade 2025

  1. eToro: Best for beginners, copy-trading & demo-account
  2. Plus500: Best for international trading*
  3. Public: Best for AI analysis

Top 10 Avatrade alternatives & similar sites

We found 6 online brokers for users based in

1. eToro. Best for beginners, copy-trading & demo-account

4.5
Ratings

$100

Min. deposit

0% commission

Fees

3,600

No. assets

Yes

Demo account

Overview

We love eToro because it’s an easy place to trade the currency markets. Forex can be intimidating, but eToro strips back the complexity to give you a platform where you can trade 50+ currencies at competitive prices and with up to 30x leverage*.

*CFDs trading is restricted for US users.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see how all the major and minor forex pairs are performing every day, track how investors feel about every one of those currencies, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: eToro charges a fee on currency trades through the spread. Spreads are variable depending on the currency and start from 1 pip for EUR/USD trades, 1.5 pips for EUR/GBP, and 2 pips for GBP/USD. Overnight and weekend fees apply.

Highlights

Fees & Costs

Pros & Cons

51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. Plus500. Best for international trading*

4.5
Ratings

$100

Min. deposit

From 0.8%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to forex futures for over 10 symbols. 

Plus500 has something for all types of forex traders, no matter what level of experience. Its low margin requirements (starting at $40) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Fees & Costs

Pros & Cons

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

3. Public. Best for AI analysis

public.com logo
4
Ratings

$20

Min. deposit

Spreads

Fees

9,000

No. assets

No

Demo account

Overview

We love Public because it makes use of cutting-edge AI technology to enhance your trading and investing experience. Public’s AI-powered feature, Public Alpha offers personalized insights and recommendations through its natural language interface in real time. 

Public’s AI technology helps you make more informed decisions by analyzing massive amounts of data and providing actionable insights. These AI-driven insights are easily accessible and give users access to the latest advancements in financial analysis and trading. 

Not only do can you use AI to help your investments, Public is one of the lowest cost brokerage firms out there. You can invest in stocks and ETFs commission free. You can also buy and trade fractional shares and if you want to diversify, you can explore a range of alternative investments including music and film royalties. 

The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours. 

Highlights

Fees & Costs

Pros & Cons

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

Compare similar apps to Avatrade

We have assigned each Avatrade alternative a rating to give you an idea of the overall service each trading platform provides. The score, alongside a snapshot of some important features, allow us to quickly summarise Avatrade’s top competitors.

AvatradeeToroTrading 212City Index
Minimum deposit$100£10£1£100
Trading feesYesYesNoYes
Tradable assets500+3,000+12,000+5,000+
Supported assetsStocks, forex, commodities, indices, cryptocurrenciesCrypto, stocks,
forex, indices,
ETFs, NFTs
Stocks, forex
commodities, ETFs
Stocks, forex, commodities, indices, cryptocurrencies
Demo accountYesYesNoYes
Invezz rating3.44.63.74.2
Visit site > Visit site > Visit site > Visit site >

How the best Avatrade alternative was found

We found alternative stock brokers to Avatrade by reviewing what most closely matched Avatrade in terms of the business model, licensing & operations, cost of trading, target audience, and financial markets available.

We ranked each alternative on these factors while taking into account all available user-reviews across services like Trustpilot, Reviews.io, and Sitejabber, to find the services that offered similar apps to Avatrade.

Here are some more of the features we used to identify the best Avatrade alternatives.

  • Best low fee Avatrade alternatives. The main cost of using a stock broker comes from trading fees or commissions but there may be other fees as well. We considered the overall cost of using a different trading platform, including inactivity fees, spreads, and conversion fees.
  • Best Avatrade alternatives for beginners. Beginner-friendly Avatrade alternatives provide an intuitive app and trading experience that helps you make your first steps in trading. The most important feature it must offer is a free demo account, while features like copy or social trading can be useful as well.
  • Best Avatrade competitors with similar products. We picked out trading platforms where the markets and number of assets available most closely resembled Avatrade. Good Avatrade alternatives offer a large, varied range of financial products.
  • Most secure Avatrade alternative. All the Avatrade competitors we recommend are regulated by top tier financial regulators to protect you and your money. We also look for similar apps to Avatrade that are transparent about their finances and how they store customer funds.
  • Best Avatrade competitors with highest user reviews & customer ratings. Real life experience of using a trading platform is important. We identified the most popular platforms by comparing those with the best average ratings and most positive user reviews.

Best low fee alternatives to Avatrade

You don’t want to switch trading platforms only to pay more for the service. Here’s how Avatrade alternatives compare in terms of how they make their money:

AvatradeeToroTrading 212City Index
Trading feesYesYesNoYes
Inactivity feesYesYesNoNo
Rollover/overnight feesYesYes, on CFDsNoYes
Withdrawal feesNoYesNoNo
SpreadsYesYes, on certain assetsYesYes
Conversion feesYesYes, for non-USD currenciesNoYes

Best Avatrade alternative for beginners

Avatrade is targeted towards beginners, so any competitor should provide a helpful experience to new users as well. Here is a comparison of beginner-friendly features available from Avatrade’s competitors:

AvatradeeToroTrading 212City Index
Free demo accountYesYesYesYes
Video tutorialsYesYesNoYes
Copy tradingYesYesNoNo
Trading academyYesYesYesYes

Avatrade competitors with similar products

A Avatrade alternative should allow you to invest into a similar range of stock assets and financial markets. That way, you can invest in the same products even if you switch brokers. Here’s how the competitors compare to Avatrade:

AvatradeeToroTrading 212City Index
Currencies50+49180+84
Stocks90+311712,000+4,500+
ETFs31712,000+40+
Indices202021
Commodities2726274
Cryptocurrencies12735

Most secure Avatrade alternative

Regulation is important because it offers you financial protection in the event that something happens to the broker, like a bankruptcy. Here are how the top alternatives fare against Avatrade in terms of regulatory protection.

AvatradeeToroTrading 212City Index
Africa regulationFSCAFSAS
Asia regulationFSAMAS
Australasia regulationASICASICASIC
European regulationCySECFCA, CySEC, DNB, AMF, OAM, MFSAFCA, CySEC, FSACySEC
North American regulationFinCEN, FINRA
South American regulation

Best Avatrade competitors with highest user reviews & customer ratings

We gathered data from independent review platforms to show what the experience of using a Avatrade alternative was like for other people. 

This information can be a useful tool to help you decide which trading platform to use, but remember that there are many reasons why someone might have a good or bad experience with a service – and not all of them are the platform’s fault.

AvatradeeToroTrading 212City Index
Trustpilot4.74.44.64
Reviews.io13.0
Sitejabber2.52.072.0

Sources & references