Do you want to know which is the better broker between ava-trade and cxc-markets?
In the following table, you can compare the functions between ava-trade, cxc-markets, and side by side to determine the most suitable for your trading needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of ava-trade, cxc-markets, and lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
General Information & Regulation
CXC Markets is an offshore broker registered in Saint Vincent and the Grenadines, with its corporation information not disclosed to all. There is zero evidence that CXC Markets is subject to any regulation. Please be aware of the risk.
As per its website, CXC Markets offers trading in forex currency pairs, precious metals, crypto currency, as well as stock index CFD.
The minimum deposit is $100 (Micro account). For the other accounts, they are $500, $1,000 and $10,000.
The maximum trading leverage offered by CXC Markets for forex trading is up to 1:1000, which is generous. However, since leverage can amplify returns as well as potential losses, traders need to take care when using it.
Spreads & Commissions
CXC Markets advertises that its spread the EUR/USD pair start from 0.1 pips, but does not specify its detailed spread on particular instruments.
Trading Platform Available
CXC Markets offers the MetaTrader 4 trading platform and a web trader. You may know that MetaTrader 4 is one of the well reputed and popular among brokers trading platform. Its advantages consist mainly in the fact that it offers a variety of trading tools and instruments to facilitate your transactions. For example, a financial calendar, VPS, trading signals (for a subscription fee), code base with customs scripts, demo account, etc.
Payment methods available with CXC Markets is limited. CXC Markets only support its traders to fund their accounts through bank cards, and Bitwallet including Bitcoin, Litecoin and Ripple. Funding accounts through Cryptos is full of risks, once something goes wrong, you can never have a chargeback.
CXC Markets claims that it offers online support in 24 hours a day, 365 days a year, available in Japanese/English/French/Chinese/Korean. Other contact methods include email: firstname.lastname@example.org. No telephone number is provided.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive ava-trade and cxc-markets are, we first considered common fees for standard accounts. On ava-trade, the average spread for the EUR/USD currency pair is -- pips, while on cxc-markets the spread is 1.8.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
ava-trade is regulated by ASIC,FSA,CBI,FSCA,FCA. cxc-markets is regulated by --.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
ava-trade provides trading platform including -- and trading variety including --. cxc-markets provides trading platform including PRO-Account,STP-Account,ECN-Account and trading variety including --.