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 vs AvaTrade Comparison Table 2024
HF Markets AvaTrade
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4
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4.9
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
  • Respected brand with millions of users and 60+ accolades
  • Heavily regulated holding licenses with top financial agencies including CySEC
  • Superb research tools including advanced insights dashboard and daily market commentary
  • MetaTrader 4 and MetaTrader 5 integration with desktop and mobile compatibility
  • Excellent breadth of products including fractional shares
  • Beginner-friendly copy trading app
  • Demo account with no expiry
  • Free deposits and withdrawals
  • WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for traders
  • The broker’s unique risk management tool, AvaProtect, protects against losses up to $1 million and is easy to activate in the platform
  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • Recently introduced AvaFutures offers an alternative vehicle to speculate on over 35 markets with low trading margins
  • There's a great range of fee-free deposit methods, including bank wire, credit cards and popular e-wallets like Skrill
  • The broker offers reliable 24/5 multilingual customer support with fast response times during testing
  • AvaTrade is a heavily regulated and trustworthy broker with licenses from the ASIC, CySEC and more
  • Traders can access stable spreads and zero commissions with no hidden fees
Cons
  • Slow sign-up process
  • Mediocre range of funding options
  • Average spreads on some assets
  • HFM app has limited analysis tools compared to MetaTrader
  • A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners
  • There’s an above-average $50 inactivity fee after three months, though this won't impact active traders
  • It’s a shame that there are no rebate schemes for serious traders looking for additional perks - CMC Markets would be a better choice here
  • There is no ECN account with raw spreads
  • Traders from the US are not accepted
Awards
  • Best Forex Trading App 2022 - Capital Finance International Magazine
  • Best Educational Broker 2022 - Global Forex Awards
  • Best Forex Broker South Africa 2022 - International Finance Awards
  • Best Forex Broker Middle East 2022 - All Forex Review
  • Best CFD Trading Conditions 2021 - World Economic Magazine
  • Best Market Research & Education Global 2021 - Capital Finance International Magazine
  • Best Client Services 2020 - Capital Finance International Magazine
  • Best Mobile Trading Platform 2023 - Finance Derivative
  • Best Educational 2023 - Global Business Magazine
  • Best Overall Broker 2022 - DayTrading.com
  • Best Trading App 2021 - DayTrading.com
  • Best Forex Broker 2019 - DayTrading.com
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.

iOS App Rating
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4.3
Android App Rating
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4
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
  • USD
  • EUR
  • GBP
  • PLN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Commodities
  • Oil
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Sugar
  • Gold
  • Oil
  • Silver
  • Copper
  • Cotton
  • Corn
  • Coffee
  • Sugar
  • Gasoline
  • Palladium
  • Cocoa
  • Wheat
  • Precious Metals
  • Platinum
  • Natural Gas
  • Soybeans
  • Lithium
  • Cannabis
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
  • USD
  • USD
HF Markets AvaTrade
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