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.
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- AvaTrade versus Coinbase - Verdict
Headquarters | Ireland | United States |
Regulators | ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID | N/A |
Tier 1 Regulator(s)? | ||
Owned by Public Company? | ||
Year Established | 2006 | 2012 |
Execution Type(s) | Market Maker | Market Maker |
Minimum Deposit | $100 | None |
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 pips | N/A |
Average Trading Cost GBP/USD | 1.5 pips | N/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 applicable | N/A |
Minimum Standard Spreads | 0.9 pips | N/A |
Minimum Commission for Forex | Commission-free | N/A |
Islamic Account | ||
Signals | ||
US Persons Accepted? | ||
Managed Accounts | ||
Visit Website | Visit Website |
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 | ||
Visit Website | Visit Website |
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 | ||
Visit Website | Visit Website |
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 pips | N/A |
Average Trading Cost GBP/USD | 1.5 pips | N/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 applicable | N/A |
Minimum Standard Spreads | 0.9 pips | N/A |
Minimum Commission for Forex | Commission-free | N/A |
Deposit Fee | N/A | |
Withdrawal Fee | N/A | |
Inactivity Fee | $50 quarterly after 3 months | N/A |
Visit Website | Visit Website |
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 Africa | N/A |
Name of the Regulator | ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID | N/A |
Regulatory License Number | C53877, SIBA/L/13/1049, 406684, 45984, 1662, 190018, 514666577 | N/A |
Visit Website | Visit Website |
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 SharpTrader | Higher 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
Pros | Cons |
Excellent choice of cryptocurrency assets, and US market leader by trading volume | Limited deposit and withdrawal options |
Coinbase debit card for swift financial transactions | Lack 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:
- Coinbase vs Binance
- Coinbase vs Kraken
- Coinbase vs Webull
- AvaTrade vs LegacyFX
- AvaTrade vs Admiral Markets
- AvaTrade vs Coinbase
FAQs
Does AvaTrade accept Bitcoin?
AvaTrade does not accept Bitcoin, or any other cryptocurrency, as a payment method.
Is my money safe in AvaTrade?
AvaTrade complies with seven regulators, including one central bank, making it one of the most secure and trustworthy brokers.
Does AvaTrade have crypto?
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?
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.