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TD Ameritrade vs AvaTrade 2023

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Written by ForexBrokers.com

December 27, 2022

Is TD Ameritrade better than AvaTrade? In our analysis of 23 international regulators across 62 of the best forex brokers, TD Ameritrade FX is considered low-risk, with an overall Trust Score of 99 out of 99. AvaTrade is considered low-risk, with an overall Trust Score of 93 out of 99. Learn more about Trust Score.

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Overall RatingTD AmeritradeAvaTrade
Overall Rating 5/5 Stars 4.5/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 4/5 Stars
Platform & Tools 5/5 Stars 4.5/5 Stars
Mobile Trading 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4.5/5 Stars 5/5 Stars
Trust Score 99 93
Winner check_circle
Review TD Ameritrade Review AvaTrade Review
RegulationTD AmeritradeAvaTrade
Trust Score 99 93
Year Founded 1955 2006
Publicly Traded (Listed) Yes No
Bank Yes No
Authorised in European Union Yes info Yes info
Tier-1 Licenses 4 4
Tier-2 Licenses 0 4
Tier-3 Licenses 0 1
Tier-1 Licenses (High Trust)TD AmeritradeAvaTrade
ASIC Authorised (Australia) No Yes
IIROC Authorised (Canada) No Yes
SFC Authorised (Hong Kong) Yes No
CBI Authorised (Ireland) No Yes
FSA Authorised (Japan) No Yes
MAS Authorised (Singapore) Yes No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes No
CFTC Registered (USA) Yes No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust)TD AmeritradeAvaTrade
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) No Yes
SEBI Authorised (India) No No
ISA Authorised (Israel) No Yes
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) No Yes
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No Yes
Tier-3 Licenses (Low Trust)TD AmeritradeAvaTrade
SCB Authorised (Bahamas) No No
FSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No Yes
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No No
InvestmentsTD AmeritradeAvaTrade
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 0 1260
Forex Pairs (Total) 73 55
U.S. Stock Trading (Non CFD) Yes No
Int'l Stock Trading (Non CFD) Yes No
Social Trading / Copy Trading No Yes
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) No Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
CostTD AmeritradeAvaTrade
Average Spread EUR/USD - Standard 1.25 info 0.92 info
All-in Cost EUR/USD - Active 1.25 info 0.61 info
Active Trader or VIP Discounts No Yes
Execution: Agency Broker Yes No
Execution: Market Maker No Yes
FundingTD AmeritradeAvaTrade
Minimum Deposit $0 $100
PayPal (Deposit/Withdraw) No Yes
Skrill (Deposit/Withdraw) No Yes
Visa/Mastercard (Credit/Debit) No Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsTD AmeritradeAvaTrade
Proprietary Platform Yes Yes
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
Social Trading / Copy Trading No Yes
MetaTrader 4 (MT4) No Yes
MetaTrader 5 (MT5) No Yes
cTrader No No
DupliTrade No Yes
ZuluTrade No Yes
Trading Platforms Gallery (click to expand)
TD Ameritrade thinkorswim desktop platform CNBCzoom_in TD Ameritrade thinkorswim desktop platform charting layoutzoom_in TD Ameritrade thinkorswim desktop platformzoom_in TD Ameritrade thinkorswim desktop platform forex chartszoom_in
zoom_in AvaTrade web trader platform layoutzoom_in AvaTrade platform chartszoom_in AvaTrade MT5 desktopzoom_in AvaTrade MT5 desktop chartszoom_in AvaTrade AvaOptions desktop trading platformzoom_in AvaTrade AvaOptions desktop trading platform chartszoom_in AvaTrade AvaOptions desktop trading platform layoutzoom_in AvaTrade AvaOptions desktop trading platform layoutzoom_in
Trading ToolsTD AmeritradeAvaTrade
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 564 7
Charting - Indicators / Studies (Total) 360 80
Charting - Drawing Tools (Total) 23 13
Charting - Trade From Chart Yes Yes
Charts can be saved Yes Yes
Mobile TradingTD AmeritradeAvaTrade
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing Yes Yes
Mobile Charting - Indicators / Studies 360 73
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave Yes No
Forex Calendar Yes Yes
Mobile Trading Gallery (click to expand)
TD Ameritrade thinkorswim mobile app advanced order typezoom_in TD Ameritrade thinkorswim mobile app basic chart viewzoom_in TD Ameritrade thinkorswim mobile app chartingzoom_in TD Ameritrade thinkorswim mobile communityzoom_in TD Ameritrade thinkorswim app dashboardzoom_in TD Ameritrade thinkorswim app economic calendarzoom_in TD Ameritrade thinkorswim mobile app watchlistzoom_in
AvaTradeGo mobile app watchlistzoom_in AvaTradeGo mobile app chart viewzoom_in AvaTrade web trader platform trade ticketzoom_in AvaTradeGo mobile app market sentimentzoom_in AvaTradeGo mobile app trading centralzoom_in AvaTradeGo mobile app economic calendarzoom_in AvaTradeGo mobile app educational courseszoom_in AvaTradeGo mobile app educational videoszoom_in AvaTradeGo mobile app chartingzoom_in AvaTradeGo mobile app watchlistzoom_in
ResearchTD AmeritradeAvaTrade
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Autochartist No No
Trading Central (Recognia) No Yes
Social Sentiment - Currency Pairs No Yes
Economic Calendar Yes Yes
Research Gallery (click to expand)
TD Ameritrade currency research headlineszoom_in TD Ameritrade Ticker Tape forex articleszoom_in TD Ameritrade economic calendarzoom_in TD Ameritrade futures option chainzoom_in TD Ameritrade thinkorswim web platform forex options strategieszoom_in
AvaTrade daily market updateszoom_in zoom_in AvaTrade market analysis articleszoom_in AvaTrade web trader economic calendarzoom_in AvaTrade MT5 signals marketzoom_in zoom_in zoom_in zoom_in
EducationTD AmeritradeAvaTrade
Has Education - Forex or CFDs Yes Yes
Client Webinars Yes Yes
Client Webinars (Archived) Yes Yes
Videos - Beginner Trading Videos Yes Yes
Videos - Advanced Trading Videos Yes Yes
Investor Dictionary (Glossary) Yes Yes
Education Gallery (click to expand)
TD Ameritrade learning center forex videoszoom_in TD Ameritrade YouTube channelzoom_in TD Ameritrade YouTube channelzoom_in
AvaTrade educational coursezoom_in AvaTrade educational coursezoom_in AvaTrade archived webinarszoom_in AvaTrade daily analysis YouTube videoszoom_in AvaTrade daily analysis YouTube videoszoom_in AvaTrade educational videoszoom_in AvaTrade educational videoszoom_in
Major Forex PairsTD AmeritradeAvaTrade
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
Review TD Ameritrade Review AvaTrade Review
OverallTD AmeritradeAvaTrade
Overall Rating 5/5 Stars 4.5/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 4/5 Stars
Platform & Tools 5/5 Stars 4.5/5 Stars
Mobile Trading 5/5 Stars 4.5/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4.5/5 Stars 5/5 Stars
Trust Score 99 93
Winner check_circle
Review TD Ameritrade Review AvaTrade Review
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TD Ameritrade vs AvaTrade Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare TD Ameritrade vs AvaTrade.

Does TD Ameritrade or AvaTrade offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, AvaTrade offers better pricing overall for traders.

Is TD Ameritrade or AvaTrade safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both TD Ameritrade and AvaTrade hold 4 global Tier-1 licenses. AvaTrade holds 4 global Tier-2 licenses, while TD Ameritrade holds 0. In our analysis of 23 international regulators across 50 brokers, TD Ameritrade earned a higher Trust Score than AvaTrade.

Which trading platform is better: TD Ameritrade or AvaTrade?

To compare the trading platforms of both TD Ameritrade and AvaTrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TD Ameritrade offers a better experience. With research, TD Ameritrade offers superior market research. Finally, we found TD Ameritrade to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

TD Ameritrade provides traders 73 currency pairs (e.g., EUR/USD) compared to AvaTrade's 55 available pairs. Forex pairs aside, AvaTrade offers traders access to 1260 CFDs while TD Ameritrade has 0 available CFDs, a difference of 1260.

Can I trust TD Ameritrade?

TD Ameritrade FX is publicly-traded, does operate a bank, and is authorised by five tier-1 regulators (high trust), zero tier-2 regulators (average trust), and zero tier-3 regulators (low trust). TD Ameritrade FX is authorised by the following tier-1 regulators: Investment Industry Regulatory Organization of Canada (IIROC), Securities Futures Commission (SFC), Monetary Authority of Singapore (MAS), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC).

Can I trust AvaTrade?

AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by four tier-1 regulators (high trust), four tier-2 regulators (average trust), and one tier-3 regulator (low trust). AvaTrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Central Bank of Ireland (CBI) and the Japanese Financial Services Authority (JFSA), and via Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).

Is TD Ameritrade good?

TD Ameritrade’s thinkorswim platform offers over 70 tradeable currency pairs alongside a plethora of impressive tools, research, and education. For traders in the U.S., TD Ameritrade provides the ultimate trading technology experience.

Is AvaTrade good?

AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab a Best in Class rating for Beginners for 2022.

Overall winner: TD Ameritrade

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announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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