Head-to-head broker comparison

AvaTrade vs MG FOREX

A side-by-side look at AvaTrade and MG FOREXusing the data we hold on each — score, regulators, platforms, minimum deposit, spreads and leverage. Blank fields mean we have nothing verified on record, not a “no”.

AvaTrade logo

AvaTrade

Score 4.5

ASIC-regulated trading with spreads from 0.9 pips

MG FOREX logo

MG FOREX

Score 7.6

Competitive forex and CFD trading for beginners and pros alike

AvaTrade vs MG FOREX: the short verdict

AvaTrade lists more regulators than MG FOREX (3 to 1), including ASIC, BVI and FFAJ. Both advertise maximum leverage of 400:1. Both run on MetaTrader 5. MG FOREX additionally lists MetaTrader 4. MG FOREX is the longer-established of the two, trading since 1992 against 2006 for AvaTrade.

Side-by-side comparison

AvaTrade compared with MG FOREX
FeatureAvaTradeMG FOREX
Min Deposit$100$0
Raw Spread0.0 pips100$
Max Leverage400:1400:1
RegulationsASIC, BVI, FFAJFCA
PlatformsMetaTrader 5MT4, MT5
Islamic AccNoNo
Copy TradingNoYes
Overall rating4.57.6

This comparison is an independent directory listing, not financial advice or a recommendation. Trading forex and CFDs carries a significant risk of loss. Always verify a broker's regulatory status with the official authority before depositing.

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