I trade on both Avatrade and eToro but may be leaving money on the table. How do you optimize which platform to use for different assets considering spreads AND rebates? I want a system to decide: when is Avatrade’s rebate better despite higher spreads, and vice versa? What’s your calculation method?
Avatrade for majors. eToro for crypto.
Optimization formula:
(Spread - Rebate) / Volatility
For EURUSD:
Avatrade: (1.1 - 0.4)/0.8 = 0.875
EToro: (1.5 - 0.3)/1.2 = 1.0
Lower is better. Avatrade wins here.
For XAUUSD:
eToro’s rebate covers more of the spread. Track this hourly – use GlobeGain’s real-time comparator.
I split my trading:
- Forex: Avatrade for tighter spreads
- Indices: eToro for better rebates
Check each asset class separately. The breakeven calculator in the tools section helps.
Use whichever has lower spread after rebate.
Built a spreadsheet that auto-pulls:
- Current spreads
- Rebate rates
- Volatility
Results:
- 67% of my trades go to Avatrade
- eToro wins during low volatility days
Shared the template in the forum’s tools section. Adjust the variables for your strategy.