AvaTrade does not charge commission and all the fees that you pay, overall, is very low. In fact their revenue is more on spreads.

The fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread.
✓ For S&P 500 CFD the fee is 0.5 average spread cost, which is considered to be low.
✓ For Europe 50 CFD the fee is 1 pips average spread cost, which is considered to be low.
✕ For EURUSD the fee is 0.9 pips average spread cost, which is considered to be high.

Let’s have a look at Forex fees and compare it with XM & Plus500.

AvaTrade’s trading platforms are great for both beginners and professional traders. MetaTrader 4 is the default platform that you can use and since it is familiar to all traders, you can easily get onboard and fully customise your reports and charting.

You can trade on all three forex trading platforms:
AvaTrade also uses web trading platform is powered by “Web Trader” which is good for those who don’t want to install anything on their system.

The desktop trading is available for windows and Mac users too.
“AvaTradeGO” is the broker’s mobile trading App for smartphones: Android and IOS.
AvaOptions is the inhouse platform that they’ve built. It offers all functionalities and works really smooth. Ava Options include professional risk management tools, portfolio simulations for pros.

The platform is user-friendly and easy to use. Let’s have a look.

Forex traders who are looking for robo-advisors, and auto-trading can utilise AvaTrade’s integration with Zulu, DupliTrade, and MQL 5. You can easily access trading signals using these tools.

“Market Trends” is a feature in AvaOptions that helps you with real time market research.

When it comes to market research, analytical tools and technical analysis, AvaTrade offers decent services but sometimes stays just above the average.

For instance, conducting technical analysis for forex trading that means you pay attention to the historical data to manage your position and make informed decisions is easily doable with AvaOption & MeT4. If you are interested in trends, you can follow these 3:

• Short Term
• Intermediate
• Long Term

Charting feature is equipped with about 90 Indicators.
Economic calendar is available and updated regularly. Here is how it looks:

AvaTrade Forex Products are worth giving a shot because not only AvaTrade is safe and regulated in most financial markets, their forex fees are pretty low. Well you might be charges $50 for Inactivity.

Customer service and support team’s response time is very short, and they quickly answer your phone calls or live chat sessions. The negative side is not having a 24/7 support process (So don’t count on weekends).

Maybe it does not have the best online trading platform but AvaOptions, MT4, MT5, and trading apps is strong and provides all the features that you need to begin trading.

Opening a demo account is literally instant, and switching to live account can be done in one, or max three days. Remember, the minimum deposit is $100.

How much is eToro fees? Fees, commissions, and spreads change from broker to broker. Below I have listed a couple of major products and how much eToro charges you.

eToro fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread and as follows:

✓ For S&P 500 CFD the fee is 0.75 average spread cost, which is considered to be low.
✓ The Fees for Europe 50 CFD, and Euro-USD is 3 average spread cost, which is considered low.
✓ You will be charged $10/m after one year of inactivity.

There is no stamp duty and Financial Transaction Tax on you because eToro take in the cost. So, you can actually save this much: “of 0.5% in the UK, 1% in Ireland, 0.3% in France, and 0.1% in Italy”.

Leverage matters to all Forex traders and traders who chose eToro Are Allowed to change the leverage when trading Fx.

Let’s have a look at Forex fees and compare it with Plus500 & Markets.com.

eToro’s platform enables you to access around 2,000 financial instruments including forex, crypto, stocks, and more. The user-interface is unique and easy to navigate through.

In terms of account protection and safety, you can set up two-steps authentication to prevent unauthorised access.

Search functionality is strong and fast.

The platform allows you to utilise the following features:

• PROCHARTS
• TRAILING STOP LOSS
• STOP LOSS AND TAKE PROFIT
• TIPRANKS RESEARCH TAB
• VIRTUAL PORTFOLIO

On the contrary, eToro’s trading platform is not available for desktop, but web trader does the job perfectly.

The mobile app for trading is pretty smooth and high performance, this way, you will easily receive push notifications that inform you about your trades & market positions. Regrettably, Face ID and touch-login is not available yet.

The platform is user-friendly and easy to use. Let’s have a look.

eToro market research is comprehensive and easy to search through. Price alert can be configured for times that your preferred asset reaches certain price range. This way you will be notified based on the trigger that you’ve configured.

The advanced charting feature is pretty insightful and very good for experienced traders.
When conducting technical analysis or working with dashboard, it saves automatically and equip you with over 70 indicators.

Economic calendar is a good tool to monitor volatility of different assets every quarter. eToro’s Economic Calendar gives you access and insights about certain events throughout the year, so you can see what event is impacting the market.

Here is how the portfolio dashboard looks like:

FXTM Fees vary from one account type to another:

Here is an example of the commissions of ECN accounts for USD accounts with below $3000 & less than 100Million trading volume:

EURUSD: (1 * 100,000 * 1.21892) / 1,000,000 * 20 * 2 = 4.88 USD
AUDCAD: (1 * 100,000 * 0.97969) / 1,000,000 * 20 * 2 = 3.92 CAD / 1.30231 = 3.01 USD
XAUUSD: (1 * 100 * 1,323.25) / 1,000,000 * 20 * 2  = 5.29 USD
WSt30m: (1 * 10 * 24,182) / 1,000,000 * 20 * 2 = 9.67 USD
STOX50: (1 * 10 * 3,443.4) / 1,000,000 * 20 * 2 = 1.38 EUR * 1.15786 = 1.60 USD

The fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread.

✓ For S&P500 CFD the fee is 1.4 average spread fee, and Euro50 CFD the fee is 3.3 average spread fee; Both are considered to be low.
✕ For EURUSD the fee is 0.6 pips average spread fee, which is considered to be almost high.
✓ There will be $5/m fee for 3 months of inactivity.

To help you understand FXTM fees, we prepared a table below and compared the fees against XM & XTB.

Let’s have a look at Forex fees and compare it with XM & XTB.

FXTM uses MetaTrader 4 & MetaTrader 5 as it’s main trading platform. This way you can easily use Expert Advisors or EAs.

Recently FXTM launched a trading app called “FXTM Trader”. It’s a good choice to trade on-the-go, looks very professional, and allows you to work with over 250 instruments.

FXTM forex trading indicators are available via MT4. A few important ones are listed here:

• Orders Indicator
• Pip Value Calculator
• Pivots SR Levels
• Spread Indicator
• Day Bar Info Indicator

The platform is available for Windows, Mac Os, Android, IOS. If you don’t want to install the software or trading App, you can use web trader.

When it comes to research, Forextime.com offers a fair deal of tools such as Pivot Points Strategy to determine price direction. They Also offer updated news feeds that is available to every one. Unless you use their desktop platform, you can not set alerts and notifications on Forex time platforms.

Detailed features that you can find on Market Analysis topic are:

• Live economic calendar.
• Regular News feed
• Forex News
• Market updates (every Tuesday)
• Quarterly market forecast
• Annual market overview.

Forex Time offers trading ideas but you won’t find useful fundamental data.

Besides, FXTM education comes in forms of:

• Yearly economic calendar is publicly available.
• Webinars are regularly scheduled.
• Articles
• Training videos
• Virtual seminars
• Live Q&A that you can use and even ask their trading experts to answer your questions.

Not only you will get a demo account, you will also have access to in depth articles, and lots of videos (about platform and trading).

It’s necessary to have access to charting tools and FxTM offers the tool, however does not look that modern though.

ForexTime offers modern trading app and strong Mt4 based desktop trading platform. With over 160 Stock CFDs and 48 currency pairs, you can easily fine enough currency pairs to trade Forex.

When you log in to your MyFXTM dashboard, you can see trading signals and also choose to CopyTrade. The question about its regulation and whether FXTM is scam or regulated is clearly answered here and it is a safe broker to trade with.

Market research and analytics are strong and FXTM’s customer support team respond fast via email and live chat.

Opening a demo account is literally instant, and switching to live account can be done in one, or max three days. By the way, the minimum deposit of ECN account is $500.

Before you choose your broker, you must know what you are getting into.

In Forex.com, like many other brokers, the fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread:

✓ For S&P 500 CFD the fee is 0.4 average spread fee, which is considered to be low.
✓ For GBPUSD the fee is 2.4 pips, which is considered to be low.
✕ For EURUSD the fee is 1.3 pips, which is considered to be Low.

Remember that the minimum deposit is $50.

We’ve compared forex fees of Forex.com with another two online brokers:  IG and Plus500. It’s worth having a look.

Let’s have a look at Forex fees and compare it with IG & Plus500.

Forex.com offers an advanced web based forex trading platform called web trader platform that is their proprietary platform. It offers powerful customisation features, so you’re fully in control.

Additionally, if you’re an experienced trader and wish to use MT4, you can switch and install it on your device.

These days trading automation mechanisms become very popular, and good news is that Forex.com trading platform enables auto trading too.

Forex.com Charting is advanced. Not only you get to use Bar or candlestick charts, you would get help on how to interpret the results too.

• “Bar and candlestick charts are separated into different time-frames. Each bar or candlesticks represent the high, low open and close price for a specific period of time.”

When trading on mobile, you need to have access to all trading capabilities and sometimes be able to place multiple order types.

Forex.com trading app is comprehensive. You can choose to set up “one click trading” or “two click trading”.

When it comes to market research, analytical tools and technical analysis, Forex.com’s tools are very handy.

The broker has a portal called: “Trading Central” where you can explore trading ideas based on technical analysis and indicators.

Speaking of Indicators, you’d be able to work with 90 about 90 Indicators, charts, sticks, and editing tools.
Not only economic calendar is available, but also a fresh news feed is regularly published to track the current market situation. Here is how trading central looks like:

Learning how to trade is very intuitive, since Forex.com categorised all videos based on topic and level.

For instance if you wish to learn more about charts like Fibonacci, trading strategy, or let’s say how to manage risk, you should be able to find them, and learn.

Here is what you get from Forex.com education themes:

Beside having your demo account, you can find trading materials in the following format:

• Tutorial videos about trading platform
• Basic trading videos
• Advanced trading articles
• FAQ and Finance related general knowledge.

Overall Forex.com is considered to be a safe, and regulated FX brokerage company. In fact Forex.com is a regulated currency broker that is governed by The following countries:

• USA
• Australia
• Singapore
• Japan

With over 90 currency pairs, the broker offers low fee trading services for both stock index CFDs and FX trading. Professionally speaking, it might not have the best online trading platform with fancy features but it is still a solid trading platform that covers all necessary features, tools, charts, analysis, and more.

The customer support team responds fast if you use their live chat service, but you may be delayed if you contact them via email.

From cost and fees perspective, you will be charged £12 or currency equivalent every month if your account is inactive for a year.

Setting alerts and customising the trading platform is also another positive point that matters to many brokers. The minimum deposit is $50.

Financing, also known as rollovers, is a charge that you pay in order to hold a position open overnight. This fee is charged in addition to the daily financing fees which is applied automatically applied

Generally speaking, most online brokers (AxiTrader included) charge you fees in these categories.

• Commissions
• Spreads (from 0.0 pips)
• Financial Rates
• Conversion Fees

Adjusting leverage is essential for traders and Axi allows you to change the leverage.

Axi’s fees are built into spreads:

✓ S&P 500 CFD fee is low and around 0.6 average spread cost.
✓ For GBPUSD and EURUSD the commission is $3.5 per lot, which both are pretty low. You’ll be charged a small spread too.
✓ AxiTrader does not charge extra fees such as inactivity fees.

The table below provides a deeper insight of AxiTrader’s fees which is compared with two top regulated brokers:

Let’s have a look at Forex fees and compare it with Pepperstone & IC markets.

AxiTrader’s online trading platforms are useful for those who just started trading and traders with years of experience. In fact, MetaTrader 4 is their default platform that you can use and since most forex traders are familiar with it, onboarding process becomes very smooth.

Apart from PC based and Mac-Based trading software, AxiTrader offers web traders who prefer browser-based trading.

AxiTrader have build its own trading platform too. It’s called “PsyQuation” which is an AI-driven analytics platform.

With PsyQuation, MT4 users have access to actionable strategies and ideas to improve their trading performance and strategies. AxiTrade claims that it is tested on 140,000+ traders.

When it comes to research, AxiTrader offer news feeds, and share it through its MetaTrader Platform, and daily updates its website. Decent technical analysis tools (in 21 languages) is at your disposal, So you can enjoy the UI and user-friendliness of the trading platform and perform technical analysis with up to 31 indicators (including trend lines and Fibonacci retracement, etc.)

AxiTrader offers news through the MetaTrader 4 platform. This is great, as many other brokers using the MT4 platform don’t offer news. On the negative side, the news lacks charts and other visual elements.

We liked the market analysis section, which can be found on the website under ‘Market News & Blog.’

There is also an economic calendar available that has a lot of filters, such as for country or category, which is a great feature.

AxiTrader also offers news through its website. The articles are of good quality and they are updated daily

AxiTrader offers fair education for beginners and even better quality training for experts. Here are 5 categories of education that you’ll get:

In Partnership with Knightsbridge Trading Academy, you will be able to join an online trading courses that is provided by the London Stock Exchange.
The trading course is accredited by the academy and as stated worth about “$2,750”. Good news is that you won’t pay for it if you meet any of the criteria mentioned in the image below:

Additionally, you can open AxiTrader demo accounts which is free for 30 days or permanently available if you choose to switch to any live account.

Overall, AxiTrader is a safe and regulated broker. It’s known as one of top 10 no deposit brokers.

Since it charges you very low fees for forex trading, you can even consider them among the other best low fee brokers for foreign currency trading.

When it comes to online trading, customer care becomes very important to FX traders. AxiTrader’s support team respond fast via email, phone calls, and also available to talk via live chat, but they have yet to establish a 24/7 support process.

With 80 currency pairs and low fee trading opportunities, AxiTrader one of the best no deposit forex brokers for beginners. While you can easily do technical analysis and use its charting feature, no Fundamental data or trading ideas are available.

AxiTrader’s Education & tutorials are very easy to understand and high quality. Besides having a demo account, you can easily begin trading with zero minimum deposit.

AxiTrader have already developed an AI powered trading platform that integrates with MT4. It’s called “PsyQuation” and enables you to have access to actionable strategies and ideas to improve your trading strategies.

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