BrokerRatingAvaTrade vs MIFX 2026: which is better?
We compared AvaTrade and MIFX on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- AvaTrade holds 4 licences from strong regulators, against 0 for MIFX.
- AvaTrade offers a swap-free Islamic account; MIFX does not.
- AvaTrade offers copy trading; MIFX does not.
- AvaTrade offers Web Trader, Mobile App, which MIFX does not.
Comparison table
| Comparison table |
AvaTrade
Broker
|
MIFX
Broker
|
|---|---|---|
| Licences | ASIC, CBI, JFSA, FSRA, CySEC, FSCA, CMA (KE), ISA, SFC (CO), FSC (VG) Best | BAPPEBTI |
| Minimum deposit | $100 | — |
| Maximum leverage | 1:400 | 1:500 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, AvaTrade App, AvaOptions, AvaSocial, DupliTrade | MetaTrader 4, MetaTrader 5, MIFX app |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Forex, Commodities and Gold, Indices |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | — |
| Founded | 2006 | 2000 |
| Headquarters | Dublin, Ireland | Jakarta, Indonesia |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose AvaTrade if you
- want more licences from strong regulators
- need a swap-free Islamic account
- want to copy other traders
- use Web Trader, Mobile App
Frequently asked questions
Which is better, AvaTrade or MIFX?
We compared AvaTrade and MIFX on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. AvaTrade holds 4 licences from strong regulators, against 0 for MIFX. AvaTrade offers a swap-free Islamic account; MIFX does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are AvaTrade and MIFX regulated?
AvaTrade licences: CySEC, ASIC, CBI, FSCA, CMA (KE), FSC (VG), JFSA, FSRA, ISA, SFC (CO). MIFX licences: BAPPEBTI.
What is the minimum deposit at AvaTrade and MIFX?
AvaTrade: $100. MIFX: not available.
Do AvaTrade and MIFX offer an Islamic account?
AvaTrade: Yes. MIFX: No.