BUX Markets vs Avatrade
BUX Markets or AvaTrade – which is better for UK traders 2024? Compare BUX Markets and AvaTrade in this detailed breakdown of their platforms, features and fees.
| BUX Markets | AvaTrade |
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| BUX Markets is ranked #91 among CFD brokers. | AvaTrade is ranked #91 among CFD brokers. |
| BUX Markets is a forex, CFD and spread betting broker based in the UK. The broker offers over 1,000 instruments through its bespoke trading platform, TradeHub, with a low minimum deposit of $100. BUX Markets boasts over 2 million users and is regulated by the FCA. |
AvaTrade has closed or no longer accepts UK clients.
Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience. |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | No |
| Instruments | |
| CFDs, Spread Betting, Stocks, Indices, Commodities, Bonds, ETFs | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $100 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that’s not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that’s rare to find elsewhere. |
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2% | |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | Yes |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| Yes | Yes |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | $50 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| BUX Markets offers a fairly diverse selection of CFDs covering currencies, indices, shares, ETFs, commodities, interest rates and bonds. The broker’s advanced charting package makes it possible to execute complex strategies using 170 technical studies, which is impressive compared to other CFD trading platforms I’ve used. | AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. What we love is that you can speculate on rising and falling prices in the broker’s feature-rich web and mobile platforms with market-leading research tools to help you discover short-term trading opportunities. |
| Leverage | |
| 1:30 | 1:30 (Retail) 1:400 (Pro) |
| FTSE Spread | |
| 3 | 0.5 |
| GBPUSD Spread< | |
| 1.2 | 1.5 |
| Oil Spread | |
| 0.05 | 0.02 |
| Stocks Spread | |
| 0.1% | 0.13 |
| Forex | |
| My tests uncovered 35+ currency pairs with leverage up to 1:30. This isn’t a particularly wide range of pairs compared to other brands, and I was disappointed that the minimum spread for EUR/USD is not very competitive at 0.7 pips. That said, I like that I can access both web and mobile versions of the platform, so I can trade currencies whilst on the go. | AvaTrade delivers 50+ currency pairs with tight spreads from 0.9 pips and zero commissions. Trade majors, minrs, and exotics 24/5 on leading forex platforms, notably MT4, with sophisticated charting tools and forex education to sharpen your edge, including a dedicated guide to 'Currency Trading'. |
| Assets | |
| 36 | 50+ |
| GBPUSD Spread | |
| 1.2 | 1.5 |
| EURUSD Spread | |
| 0.7 | 0.9 |
| EURGBP Spread | |
| 1 | 1.5 |
| Currency Indices | |
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| BUX Markets | AvaTrade |
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BUX Markets vs |
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