HF Markets vs AvaTrade
HF Markets or AvaTrade – which is better for UK traders 2024? Compare HF Markets and AvaTrade in this detailed breakdown of their platforms, features and fees.
HF Markets | AvaTrade |
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HF Markets is ranked #92 among CFD brokers. | AvaTrade is ranked #92 among CFD brokers. |
HF Markets is an established CFD broker with over 3 million clients and more than 60 industry awards. The trustworthy firm is authorized by several leading regulators, including the CySEC and FCA. New traders get a choice of accounts to suit different strategies and experience levels while the firm stands out for its impressive range of trading tools, from the MetaTrader software to Autochartist and the bespoke copy trading app, HFCopy. |
AvaTrade has closed or no longer accepts UK clients.
AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | No |
Instruments | |
CFDs, Forex, Metals, Energies, Stocks, Indices, Commodities, Bonds, ETFs | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CySEC, FCA, DFSA, FSCA, FSA, CMA | 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 | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
2% | |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | Yes |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
Yes | No |
eSignal | |
No | No |
Trading Central | |
No | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | No |
DMA Account | |
Yes | 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 | |
Yes | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
The HFCopy app allows users to automatically copy the trades of experienced traders in a few taps. You can follow multiple traders at the same time, set a rescue level to protect your capital, and withdraw profits without restrictions. You can start copy trading in 4 easy steps. | 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 | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | $50 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
HF Markets offers over 1000 CFDs spanning forex, stocks, indices, commodities, bonds and ETFs. Traders can speculate on rising and falling prices with flexible leverage. Fees are also transparent with no hidden charges. | AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on underlying assets in the broker’s feature-rich web and mobile platforms with market-leading research tools to help discover opportunities. |
Leverage | |
1:30 (EU), 1:1000 (Global) | 1:30 (Retail) 1:400 (Pro) |
FTSE Spread | |
1.7 | 0.5 |
GBPUSD Spread< | |
2.0 | 1.5 |
Oil Spread | |
0.05 | 0.02 |
Stocks Spread | |
Variable | 0.13 |
Forex | |
HF Markets offers trading on over 50 currency pairs including all majors. The no dealing desk model ensures fast execution speeds with tight spreads from 0.1 pips. HFM also offers excellent research and analysis in the currency markets. | AvaTrade offers 50+ currency pairs with competitive spreads from 0.9 pips and zero commissions. You can trade majors, minors and exotics around the clock on industry-leading platforms, including MT4 and MT5. Traders can also access beginner-friendly trading tools and comprehensive forex education. |
Assets | |
50+ | 50+ |
GBPUSD Spread | |
2.0 | 1.5 |
EURUSD Spread | |
1.2 | 0.9 |
EURGBP Spread | |
1.7 | 1.5 |
Currency Indices | |
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HF Markets | AvaTrade |
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