Founded in 2007, AvaTrade continues to earn the trust of its growing international trader base. It offers leveraged trading with an acceptable minimum deposit of $100. Coinbase, operational since 2012, became a leading cryptocurrency exchange and a market leader based on trading volume as of March 2021.

AvaTrade offers MT4/MT5, supporting algorithmic trading and integrated copy trading services. It also developed its proprietary WebTrader, its mobile app AvaTradeGO, Ava Option, and Ava Social. AvaTrade also features services provided by Trading Central, additionally available as an MT4/MT5 plugin.

Coinbase remains popular among millennials and GenZ traders, especially those favoring mobile trading, due to its user-friendly mobile app and proprietary cryptocurrency wallet. It caters to active traders and presents exposure to lesser-known assets.

We have conducted an in-depth review of AvaTrade and Coinbase to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Headquarters
IrelandUnited States
Regulators
ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFIDN/A
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established
20062012
Execution Type(s)
Market MakerMarket Maker
Minimum Deposit
$100None
Negative Balance Protection
N/A
Trading Platform(s)
Other, MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based+Proprietary platform, Web-based
Average Trading Cost EUR/USD
0.9 pipsN/A
Average Trading Cost GBP/USD
1.5 pipsN/A
Average Trading Cost WTI Crude Oil
$0.03 N/A
Average Trading Cost Gold
$0.29 N/A
Retail Loss Rate
77.82%N/A
Minimum Raw Spreads
Not applicableN/A
Minimum Standard Spreads
0.9 pipsN/A
Minimum Commission for Forex
Commission-freeN/A
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
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Features and Platforms

MT4
MT5
MT4/MT5 Add-Ons
N/A
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
N/A
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
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Noteworthy:

SharpTrader, the AvaTrade trading academy, spun out into a separate business unit due to its tremendous success and demand, remains one of the best educational resources, ideal for beginner traders.

Available Markets

Currency Pairs
N/A
Cryptocurrencies
N/A
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
Bonds
N/A
ETFs
Options
N/A
Futures
Synthetics
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AvaTrade maintains a well-balanced asset selection, catering to all traders and strategies. The bulk of assets offered are in the equity sector with 600+ CFDs and 50+ ETFs. Coinbase maintains a visible edge in cryptocurrencies, where it lists 5,890+ assets, but AvaTrade grants higher leverage, making it a better choice for active traders.

Typical Spreads and Fees

Average Trading Cost EUR/USD
0.9 pipsN/A
Average Trading Cost GBP/USD
1.5 pipsN/A
Average Trading Cost WTI Crude Oil
$0.03 N/A
Average Trading Cost Gold
$0.29 N/A
Average Trading Cost Bitcoin
$39 0.05% to 0.60%
Minimum Raw Spreads
Not applicableN/A
Minimum Standard Spreads
0.9 pipsN/A
Minimum Commission for Forex
Commission-freeN/A
Deposit Fee
N/A
Withdrawal Fee
N/A
Inactivity Fee
$50 quarterly after 3 months N/A
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AvaTrade offers the EUR/USD from 0.9 pips or $9.00 per lot. Equity mark-ups are 0.13%, creating a more expensive environment versus commission-based offers. The lack of transparency at Coinbase, which merely notes the addition of spreads unless using Advanced Trade, is concerning.

Security and Trust

Country of the Regulator
United Arab Emirates, Australia, Ireland, Israel, Japan, British Virgin Islands, South AfricaN/A
Name of the Regulator
ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFIDN/A
Regulatory License Number
C53877, SIBA/L/13/1049, 406684, 45984, 1662, 190018, 514666577N/A
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AvaTrade is one of the most trusted brokers industry-wide, but the trading environment is subject to regulation, as regulators have various degrees of restrictions. Coinbase is duly registered as a Money Service Business with the Financial Crimes Enforcement Network (FinCEN) and holds all necessary licenses to operate legally.

AvaTrade vs Coinbase – Verdict

AvaTrade

Pros
Cons
High-quality educational offering via SharpTraderHigher trading costs typical for commission-free brokers
Excellent choice of trading platforms catering to various trading needs
Broad asset selection and cross-asset diversification opportunities
Well-regulated and trusted broker with oversight from a central bank

Coinbase

ProsCons
Excellent choice of cryptocurrency assets, and US market leader by trading volume Limited deposit and withdrawal options
Coinbase debit card for swift financial transactionsLack of overall transparency, history of vulnerability to theft, and poor customer support
Educational content allows beginner traders to earn crypto assets
Publicly listed company

AvaTrade maintains an environment suitable for all trading strategies. The choice of trading platforms and well-balanced asset selection combine with high leverage from a trusted broker. Traders must accept higher costs but get an overall competitive broker. Both companies cater well to beginner traders, but Coinbase allows traders to earn crypto as they complete each lesson.

You might also be interested in reviewing the below broker comparisons:

FAQs

Does AvaTrade accept Bitcoin?

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AvaTrade does not accept Bitcoin, or any other cryptocurrency, as a payment method.

Is my money safe in AvaTrade?

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AvaTrade complies with seven regulators, including one central bank, making it one of the most secure and trustworthy brokers.

Does AvaTrade have crypto?

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AvaTrade offers cryptocurrency CFDs but no physical crypto purchases. It makes it ideal for traders but not for investors.

How do I buy Bitcoins with AvaTrade?

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Traders must deposit fiat currency into their AvaTrade account before transacting in Bitcoin CFDs. AvaTrade does not offer physical Bitcoin purchases but grants traders exposure to derivative trading.