Which is cheaper, AvaTrade or Plus500?
Both score 3.8 for costs in our ratings and both are spread-only, so neither has a clear cost advantage. Compare spreads on your specific markets.
How are they regulated in the UAE?
AvaTrade holds an ADGM FSRA licence through Ava Trade Middle East Limited (FSP 190018). The FSRA attached conditions on offering OTC derivatives to retail clients, so ask AvaTrade which products you can access. Plus500AE Ltd holds a DFSA licence (ref. F005651) endorsed for retail clients.
Which has better platforms?
AvaTrade scores 4.9 for platforms against 3.9 for Plus500, thanks to MT4, MT5, its own web platform and the AvaSocial copy trading app. Plus500 offers only its own platform.