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Avatrade Review
The Forex industry is getting bigger and bigger every single day, that led to the rise of a whole bunch of brokers to provide financial services for traders from around the globe. Avatrade is one of the most popular and successful brokers in the market for more than a decade and continues to do so for all traders without exception. Avatrade was established in 2006 under the name of AVA Trade EU Ltd with its main headquarters at: Five Lamps Place Amiens Street, Dublin 1, Ireland.
Avatrade is a regulated broker by more than 5 main regulatory authorities in the financial market such as the Central Bank of Ireland, B.V.I FSC, ASIC, the South African Financial Services Board and in Japan by the FSA and more. These regulations prove its authenticity and denies Avatrade scam rumors. As a Market Maker, it provides traders with Fixed and variable Avatrade spreads to choose from.
Since the moment of its foundation, Avatrade’s goal was to put the client in the first place through conducting all what is possible in order for him to profit. Avatrade login offers clients the opportunity to trade Forex and CFD on Avatrade MT4 with more than 200 instruments, including stocks, commodities and indices along with the most traded pairs.
Read Avatrade review carefully in order to know every little detail about Avatrade demo, Avatrade spreads, how to try your Avatrade MT4 skills and what is Avatrade bonus.
Avatrade Forex & CFD Trading
Avatrade login offers Forex to clients from all over the world, except for US clients, providing more than 50 pairs of the major, minor, exotic pairs and Crypto trading. Competitive Avatrade spreads with leverage Up to 1:400 on Forex pairs, that means you need only 0.25 of the position size to open it.
Avatrade offers the chance to trade CFD on commodities, indices, ETFs, stocks and bonds, either manually or through the automated software. The leverage on CFD is up to 1:200, which is normal for CFD traders to put 0.5% of the trade size. AvaTrade offers interesting CFD fees, charging just Avatrade spreads of the positions you opened.
When speaking about Avatrade Forex & CFD, worth mentioning that, most of the CFD tools are traded on variable spreads except for Gold, Silver and Crude Oil.
| Regulation | |
| Minimum Deposit | $100 |
| Maximum Deposit | up to 10,000 |
| Bonus | Welcome Bonus |
| Minimum Trade Size | 1 lot |
| Trading Platform | AvaOptions, AvaTradeGO, Zulutrade, MetaTrader 4, Mobile Platform, WebTrader |
| Account Types | Live |
| Demo Account | |
| Islamic Account | |
| Account Currencies | EUR, USD |
| Payment Methods | |
| Withdrawal Fees | depends on the payment method |
| Traders From USA | |
| Forex Trading | |
| Forex Broker Type | Market Maker |
| Maximum leverage | 1:400 |
| Spreads type | Fixed / Variable |
| EUR/USD spread | Variable |
| Bitcoin Trading | |
| Maximum number of positions | 500 |
| Mobile Trading | |
| Trading Signals | |
| Automated Trading | |
| CFDs | |
| Options Trading | |
| Scalping | |
| Hedging | |
| VPS (Virtual Private Server) | |
| One Click Trading | |
| Stop Loss (No Slippage) | |
| EA (Expert advisors) | |
| Clients Funds Segregated | |
| Education Center | eBook Financial Management Glossary Video Tutorials Webinars |
| Forex Pairs | EUR/GBP, EUR/JPY, GBP/JPY, GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/NOK, CHF/HUF, EUR/HUF, EUR/NZD, EUR/PLN, GBP/NZD, GBP/SEK, GBP/SGD, NZD/CAD, NZD/CHF, NZD/JPY, USD/CNY, USD/DDK, USD/HUF, USD/MXN, USD/NOK, USD/PLN, USD/RUB, USD/SEK, USD/SGD, USD/TRY, USD/ZAR, USD/ILS, EUR/ILS, GBP/ILS, NOK/JPY, ZAR/JPY, PLN/JPY, SEK/JPY, TRY/JPY, EUR/RUB, EUR/SEK, EUR/TRY, EUR/ZAR, GBP/AUD, GBP/CAD, GBP/CHF, GBP/HUF |
| Stocks | JOHNSON & JOHNSON, JP MORGAN CHASE, LINKEDIN, MCDONALD’S, MORGAN STANLEY, PFIZER, PROCTER & GAMBLE, POTASHCORP, VERIZON, WALMART, TWITTER, ALIBABA, GROUPON, APPLE, CISCO, GOOGLE, AMAZON, INTEL, FACEBOOK, MICROSOFT, YAHOO, TESLA, TEVA.TA, MANCHESTER UNITED, AMERICAN EXPRESS, AT&T, BANK OF AMERICA, BOEING, CATERPILLAR, CHEVRON, COCA COLA, WALT DISNEY, EXXON MOBIL, GENERAL ELECTRIC, GOLDMAN SACHS, HSBC-HK, ROYAL DUTCH, BP, VODAFONE, BARCLAYS, RIO TINTO, BHP BILLITON, BRITISH AMERICAN T, BANCO SANTANDER, TELEFONICA, BBVA, REPSOL, INDITEX, E.ON, SIEMENS AG, BAYER AG, ALLIANZ SE, DEUTSCHE BANK, BASF AG, SAP, DEUTSCHE TELEKOM, BMW, DAIMLER AG, ORANGE FRANCE, SANOFI AVENTIS, TOTAL S.A., PEUGEOT CITROEN, DANONE SA, CARREFOUR, SOCIETE GENERAL, BNP PARIBAS, ENI, ANZ BANK, INTESA SANPAOLO, UNICREDITO SPA, GENERALI, TELECOM ITALIA, ENEL, FIAT, CHECK POINT, PERRIGO, BERKSHIRE HATHAWAY.B, AMDOCS, GM, GLAXOSMITHKLINE.UK, ANGLO AMERICAN.UK, TESCO.UK, BANCO POPULAR.ES, ACCIONA.ES, ENDESA.ES, GAS NATURAL.ES, IBERDROLA, RWE.DE, ENGIE.FR, ALCATEL-LUCENT.FR, VALLOUREC.FR, ACCOR.FR, TENARIS.IT, SAIPEM.IT, UNIONE DI BANCHE.IT, BANCA POP MI.IT |
| Commodities | Crude Oil, Natural Gas, Heating Oil, Oil (Brent Crude), Gold, Silver, Platinum, Palladium, Copper, Corn, Soybeans, Wheat, Coffee, Sugar, Cotton |
| Indices | S&P 500, NASDAQ 100, DJI, RUSSELL 2000, DOLLAR INDEX F., CAC 40, DAX 30, FTSE 100, FTSE MIB, DJ EURO Stoxx 50 Index, SMI 20, IBEX 35, OMX STOCKHOLM 30, AEX, MSCI, NIKKEI 225, HSI, SPI 200, NIFTY, CHINA A50 |
| Crypto | BITCOIN, BITCOIN CASH, ETHEREUM, ETHEREUM CLASSIC, RIPPLE, DASH, LITECOIN, MONERO, NEO |
| Customer Support | |
| Phone | |
| [email protected] | |
| Contact form | |
| Live Chat | |
| Call Back | |
| Newsletter | |
| Support Hours | 24/5 |
| Supported Languages |
Australian Securities and Investments Commission Financial Supervisory Authority-Iceland British Virgin Islands Financial Services Commission The Financial Futures Association of Japan Financial Stability Board Irish Central Bank
depends on the payment method
Avatrade Login Platforms
Avatrade login presents traders with a multiple choice of platforms to choose the one that suits their needs, get to know them better in Avatrade review:
Avatrade MT4: There is no need to explain the advantages of Avatrade MT4, the best in the industry, which can be installed either on your Apple devices or Android and even on your laptops and revel in the market’s volatility. Avatrade MT4 is so responsive to trades and includes top signals along with EA supported for automated trading. On Avatrade MT4, traders have easy access to use variable and fixed Avatrade spreads with the MQL5 function with various technical tools and charts.
AvatradeAct: An easy to use platform with a great amount of instruments, analysis and charts. Through this platform, you have many types of orders including stop-loss, take-profit and many others.
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AvaOptions: A binaries platform for traders who are fond of Put-Call, this platform has more than 40 trading tools that vary from Forex pairs to Gold and Silver and risk management tool. Expiration times at AvaOptions is up to one year to enjoy maximum profits of the market. In addition to the web-trader platform which is available at Avatrade Forex site with more than 40 languages and supported by more than one browser.
Avatrade Forex offers automated algorithms to enable customers copy or mirror the trades of other clients, signals and strategies. Also, traders can enjoy using Avatrade demo on all of the above mentioned platforms free of charge to get used to how they function.
Avatrade Forex Accounts
The broker offers clients just one type of accounts to trade Forex and CFD, which is the live account. Traders can register an account with min deposit of just 100 EUR or its equivalent. The min deposit is not the best, as it is a little higher than the usual in the market but it fits the regular trader along with the Avatrade bonus. Upon registration, customers could take advantage of Avatrade demo account.
Avatrade demo is available for all registered traders to fully use it to practice beyond hours. Please note in Avatrade review, that there are live price feeds with Avatrade demo. The availability of Avatrade demo disproofs Avatrade scam hoaxes and can be used on Avatrade MT4.
Also, you get to know that the broker offers Muslim traders the possibility to open an Islamic account that is not subjected to any type of special fees or interest, so they can enjoy trading according to their beliefs.
Avatrade login provides a number of market orders such as entry limits, stop-loss orders, entry stops and trailing stops and limit orders. A Segregated bank account for clients’ funds is a sign of trustworthy broker, and that what Avatrade offers, along with the availability of hedging, scalping, one click trading and EA upon request. Leverage is up to 1:400, a little bit higher than the usual in addition to the variable Euro/USD Avatrade spreads.
Avatrade Review Support
Further, in Avatrade review, the support service is one of a kind in the market as it supports clients all over the world in many languages such as English, Arabic, Dutch, Spanish, Chinese, Japanese, Portuguese, German, French and many more. The service is available 24 hours, 5 days a week and can be reached through the contact form, Email, live chat and phone numbers in main countries around the world. Clients can contact the support department 24/5 in trading hours for help in case any issue arises. Those services oppose the gossips about Avatrade scam, however, consulting the broker is a must.
Avatrade login provides clients with a full education center in order for them to get educated about Avatrade Forex and CFD methods through a full course for beginners, economic indicators, live webinars on almost every aspect of trading, video tutorials, eBooks, order types and trading glossary.
Avatrade Bonus and Promotions
Avatrade bonus is unique as it doesn’t only grants credit, but Avatrade spreads reduction as well, with every deposit you make, you get a 30% Avatrade bonus in addition to 30% reduction in your Avatrade spreads ratio. Avatrade has won a lot of awards over the years, the Best Forex Broker By Forex Traders 2020, Best Broker 2020, Best Affiliate Program 2020 and Best Brokers 2020 FXEMPIRE 2020 are the most recent awards.
Avatrade login Grants its clients promotions every now and then such as Refer-A-Friend program where traders can refer their friends to try out the platform to get credit on every referral. Those credits can be used in trading on the live account but can not be withdrawn as the case with Avatrade bonus.
Avatrade Scam
The rumors about Avatrade scam maybe due to some misunderstanding from the trader’s side or as a result of losing funds. Avatrade scam has no grounds, however, clients should be aware and consult the support service before funding their accounts and ask about this Avatrade scam and how to evade it.
In Avatrade review, the existence of Avatrade bonus and Avatrade demo, proves that the broker is keen on satisfying clients and helping them gain profits from trading.
AVATrade Review
AVATrade general information
| Founded in: | 2006 year |
| Headquarters: | |
| Offices in the country: | |
| Minimum Deposit: | 100 $ |
| Website: | www.avatrade.com |
| Website languages: | |
| Execution model: | NDD |
| Deposit currency: | USD, EUR |
| Support languages: | |
| Regulated by: | |
| Mobile trading: | iOS, Android |
| Types of offered accounts: | |
| Trust management: | PAMM |
| Affiliate program: | Yes |
- OCO orders
- Support of the Autochartist system
- Web-based platform
AVATrade Forex broker description
AVAtrade was founded in 2006 with the major aim of providing an excellent environment for forex traders to carry out their trades effectively. This has been a defining factor to its ultimate growth in the last decade of existence which has been characterized by a very exponential growth on its part.
Trading Accounts
For a client to be able to execute trades, he or she should sign up for an account that will give you a chance to trade without any hassles forthcoming. In a bid to provide products that meet clients’ requirements, AVAtrade has three account types that the clients can choose from. Amon these accounts are the demo account, the real account, and the Islamic account.
The Demo Account
Just as the name implies, this is an account type that has been designed to give demos to clients. The demo account is suitable for clients with little or no experience in forex trading and also are new to the trading concept. With this account, a trader will be able to learn the basics of forex trading and how to execute a trade. He or she will be provided with virtual funds that will act as an alternative to real funds and will be able to trade without a chance of encountering losses. This account is limited and you can only use it for 21 days.
The AVAtrade Real Account
The real account is an account type meant for those that are experienced in trading. This is the basic account type on AVAtrade’s platform and is suitable for both novice and experienced traders. Among the features of this account type include:
- Over 250 trading instruments to trade from including indices, commodities, stocks, and shares.
- Competitive spreads offering.
- Has a range of automated platforms and EA compatibility.
- Compatibility with a range of devices and operating systems such as windows, mobile devices, and also mac operating systems.
- Leveraged trading of up to 30:1 on various CFDs.
The Islamic Account
The Islamic account is an account type that has been created to suit the needs of its clients of the Islamic faith. This account operates in accordance with the sharia law which prohibits some financial transactions, especially which attract an interest. Cryptocurrency trading is also not available for this account.
The Company. Security Of Funds.
AVAtrade has for the past one decade proven itself to be a force to reckon with in the forex trading industry. Its good performance is owed to the large clientele base it has managed to acquire over the past few years and are drawn from all over the globe. AVAtrade offers the best trading conditions in a wide range of trading instruments, advanced technology that helps in the enhanced trading experience and also a dedicated workforce that strives to ensure that all its clients are satisfied.
The credibility of AVAtrade is on point and is evident by its licensing by the legal regulatory bodies in all jurisdictions that it operates. Among the licenses that AVAtrade has on point include:
- Licensed as a compliant firm with the markets in financial instruments directive (MiFID) in the European Union.
- AVA capital markets Australia is licensed and regulated by the Australian securities and investment commission (ASIC).
- AVA trade limited is licensed to operate in the British Virgin Islands by the British Virgin Islands financial services commission.
- AVA trade Japan is regulated and licensed by the financial services agency (FSA)
- AVA capital markets South Africa is licensed by the financial services board (FSB) of South Africa.
In keeping up with the set regulations by this regulatory body especially concerning the safety of clients’ funds, AVAtrade has come up with various measures to secure these funds. Among the many measures put in place are:
- Has a 256-bit SSL encryption across its website to keep off hackers.
- Ava uses a high technology software that keeps off credit card and debit card fraudsters.
- Uses segregated accounts to prevent clients’ funds from mixing up with the firm’s operating funds.
- Uses an embedded true-site identity assurance seal.
Trading Conditions
Spreads
All spreads are over markets and fx pairs have pips from 0.0001.
AvaTrade Review
Competitive spreads and excellent educational resources
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- Account Minimum: $100
- Fees: Advertised spreads as low as .9 pips
- Best For: New and undercapitalized traders
Disclosure
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Originally founded as AvaFX in 2006, AvaTrade offers average-to-competitive spreads and a broad variety of tradable instruments through its Ireland domicile and multiple satellite offices, with financial registration across six jurisdictions on five continents.
Novice traders can open accounts for as little as $100 while the broker’s commitment to education should get them up to speed quickly. A dedicated educational and research site has grown in the last year, now offering a broader variety of free courses, videos and market analysis.
Since our last review, the broker has reduced the number of trading platforms while adding a professional designation to bypass ESMA leverage restrictions. Some of these changes are poorly documented, raising potential confusion when prospective clients are looking at account types, spread schedules, and fee listings.
Full slate of forex, CFD, cryptocurrency offerings
Unique social trading features
Impressive educational offerings
No Metatrader 5
Trading platforms lack news and research functionality
Trust
Clients have account protection up to EUR 20,000 through Ireland’s Investor Compensation Company (ICCL) but the broker provides no additional insurance. They offer negative balance protection, now mandated under EU financial regulations. Desktop, web, and mobile platforms utilize no second-factor authentication but account holders can use Metatrader’s One Time Passwords (OTP). The company holds client funds in a segregated account but runs a dealing desk that makes markets against clients, raising the potential for conflicts of interest. A large Australian operation is regulated through the Australian Securities and Investment Commission (ASIC).
Desktop
The broad variety of trading platforms noted in our 2020 review no longer holds true due to the removal of RoboX and Mirror Trader social trading programs and AvaTradeAct, their dedicated platform and Metatrader alternative. As a result, clients executing traditional technical or fundamental trading strategies now have little choice but to use Metatrader 4 and its aging feature set. It’s instructive to note that many EU competitors have added a Metatrader 5 option in the last year but AvaTrade has announced no plans to offer the more up-to-date platform.
Traders can take spot and options positions through AvaOptions, a dedicated but basic platform that provides plain vanilla and complex hedging with streaming put and call quotes for a subset of forex pairs, as well as a diverse set of strike prices and expiration dates. The two remaining social and copy trading platforms, ZuluTrade and DupliTrade, include most of the features offered by the discontinued programs.
Mobile
Metatrader and AvaOptions web versions provide integration with desktop platforms but AvaTradeAct for the web is no longer available. AvaTradeGO, released in November 2020, now offers an Android and iOS alternative to the plain vanilla Metatrader 4 Mobile.
The rebranded and updated MT4-based app includes enhanced social trading capacity but a limited feature set that’s generated dozens of complaints on Google Play. The app is also geared toward newer and less skilled traders, providing “step-by-step guidance on opening trades” and a feedback system that experienced traders aren’t likely to use.
Research
AvaTrade provides an economic calendar and limited research through sharptrader.com. A brief (2 to 4-minutes) daily Trader’s TV video (via YouTube) comprises the core of research materials, with the script then transcribed as a Daily Market Review.
AutoChartist intra-day updates list short-term technical signals while a fundamental analysis section included a few links to daily reports but just four other stale, dated articles. A more current feature article section lists six broad brush reports on topics that included tariffs, Brexit, and Bitcoin.
Education
Trading courses and other educational materials are offered through sharptrader.com as well. Well-organized tutorials are segmented into beginner, intermediate, and advanced topics, offering logical paths to skill building. A broad variety of general articles covered all sorts of market topics as well as tutorials on trading platforms.
Materials were segmented into five major sub-topics, allowing clients to find answers quickly and efficiently. A buggy search function detracted from the learning experience, failing to include many articles and topics. And inexplicably, the main broker site includes an education sub-menu and a variety of useful materials not integrated into the dedicated site.
Special Features
The broker now provides a pathway to a professional designation that permits much higher leverage under new ESMA rules. However, few retail customers will qualify for those benefits, which require financial industry experience and a large trading account. They also offer fixed and floating spread accounts as well as an Islamic account that will incur wider spreads.
Customers can access third-party platforms for copy and social trading while the AutoChartist plug-in for Metatrader adds technical functionality. This option requires at least $500 in the account, locking out very small traders.
Investment Products
The list of forex, CFD and options trading instruments is impressive while the addition of 8 cryptocurrencies provides new opportunities for high-risk speculators. CFDs include a basic selection of commodities and bonds as well as 69 shares and 5 ETFs, dominated by highly liquid US big tech stocks. UK and Ireland traders can open spread betting accounts as well, rounding out a full-featured investment product catalog.
Commissions and Fees
The broker touts no commission trading and ultra-low spreads but that may be inaccurate, depending on account type. A single page lists spreads for all tradable instruments as well as overnight interest calculations, maturity rollover fees, and inactivity fees.
Retail traders are charged higher spreads than professional traders but few clients will obtain that designation. The marketing page only lists fixed spreads, with no documentation on floating spread minimums or averages. That information was buried within the FAQ, adding confusion about account types and relative costs. No documentation was provided on actual spreads for Islamic accounts.
A legal document review found some discrepancies on spread and fee disclosures that included hidden withdrawal fees and a provision to charge commissions on some account types, although those types were not disclosed. These omissions could be remedied with more detailed information about account types, especially fixed vs floating, as well as side-by-side account comparisons.
It takes just $100 to open an account and AvaTrade offers no volume discounts or guaranteed stop losses. They charge a $50 fee after three months of account inactivity and a $100 administration fee after one year of inactivity. As mentioned, no withdrawal or closure fees are listed in the marketing materials but the legal documents noted fees for bank transfers and credit card transactions. Withdrawal processing can be unusually slow, requiring as long as 10 business days to receive wire transfers.
Customer Support
A comprehensive FAQ will address most inquiries. The broker offers 24/5 chat/phone support as well as social media portals and an online form entry. Connecting with chat may be cumbersome, with three requests at different times of day answered by a live representative within 8 minutes.
The broker maintains international offices, allowing customers local contact when needed. They provide an international phone number as well as a laundry list of local phone numbers covering their numerous jurisdictions and EU member states.
What You Need to Know
AvaTrade offers average-to-competitive spreads, depending on account type, and excellent educational resources. Along with low account minimums, they’re a sound choice for new and undercapitalized traders seeking to build limited skill sets. However, large-scale and professional traders are likely to find better value elsewhere due to the lack of volume discounts, high-end trading platforms, and comprehensive news and research.
Compare Avatrade
Investors seeking a wide variety of forex, CFD, and cryptocurrency offerings may find what they are looking for with Avatrade. See how they compare against other online brokers we reviewed.
Methodology
Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. Our reviews are the result of six months of evaluating all aspects of an online broker’s platform, including the user experience, the quality of trade executions, the products available on their platforms, costs and fees, security, the mobile experience and customer service. We established a rating scale based on our criteria, collecting over 3,000 data points that we weighed into our star scoring system.
In addition, every broker we surveyed was required to fill out a 320-point survey about all aspects of their platform that we used in our testing. Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices.
Our team of industry experts, led by Theresa W. Carey, conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels. Click here to read our full methodology.
AvaTrade Review
AvaTrade
Leverage: 1:30 | 1:400
Regulation: Bank of Ireland, ASIC, JFSA, FSCA
Min. Deposit: 100 US$
HQ: Dublin, Ireland
Platforms: MT4, AvatradeGo
Found in: 2006
AvaTrade Licenses
- AvaTrade EU Ltd – authorized by Central Bank of Ireland registration no. C53877
- Ava Capital Markets Australia Pty Ltd – authorized by ASIC (Australia) registration no. 406684; regulated by the South African Financial Sector Conduct Authority FSCA No.45984
- AvaTrade Japan K.K. – authorized by FSA (Japan) registration no. 1662 and the FFAJ no. 1574
- Ava Trade Middle East Ltd – authorized by FRSA (Abu Dhabi Global Markets (ADGM)) registration No.190018
- AVATrade Ltd – authorized by B.V.I Financial Services Commission
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What is AvaTrade?
AvaTrade is one of the leading, globally presented broker with over than 200,000 trusting clients worldwide. A regulated on 5 continents forex broker that providing customers with sophisticated trading solutions, regardless of user knowledge or experience, by bringing the possibility to enter the market trade through numerous, adaptable platforms, tools and options.
Ava also is a multi-national company, which headquarters in Dublin, Ireland but operating regional offices. These including entities in Paris, Dublin, Milan, Madrid, Tokyo, Beijing and Sydney, as well in South Africa, Chile, Mongolia, Nigeria and newly established UAE brokerage.
| Pros | Cons |
| • Heavily regulated broker with excellent reputation
• Forex and CFD Cryptos offered • Great trading tools • Fast digital account opening with Demo account • Wide range of deposits and withdrawal options • Quality customer support with live chat and fast response |
• Phone support not available 24/7
What Type of Broker is AvaTrade?AvaTrade is a broker that offers range from Forex pairs, CFD trading to Cryptocurrencies available to trade with no restrictions on short selling or scalping. Generally, AvaTrade is an STP and OTC broker that also uses high-technology for order executions, means quotes received from interbank and connected to the market itself. 10 Points Summary |
| 1. AvaTrade is global broker headquarters in Ireland and offices around Europe, Asia and more
2. Strongly established broker with numerous regulatory obligations including licenses from ASIC, FSCA, JFSA and Central Bank licenses 3. A great amount of assets to trade including Stocks, CFDs on Commodities, Forex, Bonds, Metals, Cryptocurrencies and Vanilla Options 4. Demo Account – Available 5. Minimum deposit – 100$ which you can deposit with credit card 6. Trading costs and spreads are low 7. Variety of platforms to choose from including MT4 and proprietary AvaTradeGO, along with social trading platforms 8. Trading tools are provided through trading academy and are on a very good level 9. Great education and learning center defined by the level of experience 10. Customer Support will accompany all your trading experience and available in multiple languages |
Awards
Within a few short years since its launch in 2006, AvaTrade has expanded enormously, while Ava global customers executing more than two million trades a month on over 250 instruments.
It’s not a wonder that Ava has earned numerous industry awards since over 10 years of successful activity, in addition to wide support programs launched by Ava. Apart from them, AvaTrade (previously known as Ava FX) was rewarded for its excellent service and the trading technology that confirm brokers’ strong and reputable position in the industry, which we will see why it is like that further in out AvaTrade Review.
Is AvaTrade safe or a scam?
As a multi-presented company, Ava follows strict rules of the Client Asset Regulations and procedures, which are obtained from the main parent company license issued by the Bank of Ireland and other regulations. In simple words its means the broker is constantly overseen and its trading solutions are aligned to safety measures or controlled at any stage.
| Pros | Cons |
| • Heavily regulated international broker
• Cross border licenses and global coverage • Negative Balance Protection applied |
• Not listed on Stock Exchange |
Is AvaTrade legit?
Yes, AvaTrade is a fully legit and regulated broker in each jurisdiction, as hold necessary licenses and regulatory obligations apart from its main establishment standards regulated by Ireland. This information you may check from the official AvaTrade website, as well as through the authority website. Also, you may find the links of the licenses provided in AvaTrade Review and definitely should always verify for its true state.
Is AvaTrade regulated and by whom?
There are numerous entities Ava respectfully established apart from being regulated by the Central Bank of Ireland. Which also includes authorization from the world famous regulatory bodies ASIC (Australia), FSP (South Africa), FSA (Japan), Abu Dhabi authority, ESMA in European Union, British Virgin Islands and more.
Therefore, AvaTrade is heavily regulated and obliges with internationally recognized laws that keep brokers’ reliability at a certain level of trust and considered to be a safe broker to trade with.
How are you protected?
The set of regulation requirements enables protection to the clients and including – funds segregation, means all client funds are held separately from the firm funds with international banks under encryption. Security of the traders accounts with Investor Protection amount and Compensation Schemes in case the broker goes bankrupt, which is slightly different in each jurisdiction.
As well as fully audited trading procedures that are strictly checked by the authority on a daily basis in addition to negative balance protection.
Leverage
Leverage is a quite known instrument, which obviously increases the initial capital you trading with and can be a very useful tool to magnify your potential gains, but in case you use it smartly. However, always note that higher leverage can work in reverse too.
Risk Level
The risk level is defined by several factors, and of course, leverage dramatically increases your risks to lose money as well.
AvaTrade as a regulated broker complies to slightly different trading conditions or regulatory obligations according to the set of rules established by the particular authority. This means that European traders or those clients that are registered with AvaTrade European entity will fall under ESMA regulation that recently limited Leverage.
- European traders leverage is maximum 1:30
- International traders or Australian clients can still use leverage until 1:400
Accounts
Another important note in AvaTrade Review which applicable, once we are sure broker is a reliable one, is to define what account types are available. Also, further we will see the full details on trading costs, platforms and other data that will follow.
| Pros | Cons |
| • Fast digital account opening
• Single Account with VIP club option • Demo Account and Live Account • Islamic Accounts |
None |
Do all countries accept AvaTrade?
There are numerous countries around the world the resident of which may open an account with AvaTrade. However, there are some restrictions applied, mainly due to regulation in a particular country and specified laws in the country or another. These restricted countries include the US, Iran, Israel and a few more, but generally, Ava accepts almost all countries.
Types of Accounts
AvaTrade does not diversify clients by the choice of account types but offers a single Standard account, just further, defining specified conditions for Corporate account or Islamic Account. Also you may open Demo account at the beginning to test brokers’ environment.
Accounts Swap free available for traders following Muslim belief or the ones who wish to trade markets according to Sharia principles, which is definitely a great option for world traders.
In addition, if you’re a professional trader with relevant experience and proof of that, you may be entitled to a Professional account where additional benefits are offered.
But first of all, you should proceed with the account opening and these are the steps to do so.
A Step by Step guide on how to open an account
2. Enter the required personal data (Name, email, etc.)
3. Verify your personal data. The broker may ask a residential proof, utility bill, etc.
4. Complete the electronic quiz to confirm your selection of an account and your experience
5. If applicable request Islamic account opening
6. Once your account is activated and proved, follow with the money deposit. See further paragraphs in our Review on how to do it.
Trading Instruments
So what you can trade in AvaTrade? Markets presented at Ava offering you over 250 instruments ranging from FX pairs to Vanilla options, CFDs on Commodities, Stocks, Indices, ETFs, Bonds and Cryptocurrencies.
Does AvaTrade have Nasdaq?
So yes, AvaTrade has Nasdaq in its trading list as well, eventually Ava offers truly great range so you will surely find a suitable portfolio for yourself.
AvaTrade Cryptocurrencies
AvaTrade offering to work on the pairs with Bitcoin trading, Ethereum, Ripple, Dash, Litecoin, Monero, NEO, IOTA, Zcash, Qtum and more. Cryptocurrency trade supported by both MT4 Platform or AvaTradeGO, and can be used with quite competitive spreads, no commission charges, leverage up to 20:1 and ability to start trading with as little as $100.
AvaTrade Fees
All trading transactions performed on AvaTrade platforms are subject to the trading charges that are consisting of Spreads and Overnight fees.
Generally, AvaTrade spreads are average fees or even low spreads comparing to similar proposals and broker’s competitors. Also, while selecting the broker you should check not only spread but also consider non-trading fees, withdrawal fee or other charges which applicable so that you will see the full picture.
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| • Average trading fees
• 0$ Withdrawal fee |
• Inactivity fee – 50$
• Administration fee for non-use account Here is snapshot of AvaTrade feesAlso, see below the comparison table with a typical AvaTrade Spread and compare brokers to other CFD Brokers with CFD fees, commission or inactivity fee if applicable. However, always note fees are presented as an indication only and may widen to volatile conditions, especially Cryptocurrency spreads that depend on current market conditions. Trading Fees of AvaTrade vs Similar Brokers
Trading feesHowever, total fees are always defined by several points, which are consistent with the CFD spread as the main fee, commissions if applicable, conversion fees while you hold account in different base currency. And lastly inactivity or non trading fee. AvaTrade charges no commissions, as all fees are built into a spread, alike typical USD EUR 1.3 pips which is a difference between bid and ask price. CFD FeesCFD trading at AvaTrade gives you the opportunity to trade Commodities, Bonds, ETFs, Indices and Stocks. Generally, AvaTrade CFD fees are average level, yet Index CFD offered at a very competitive level as example Europe 50 CFD is 0.6$. Forex FeesForex fees are remaining also at the average level, while major currency pair offer pleasant cost wise, along with over great opportunities to invest AvaTrade offers. Also, Forex and CFD assets spread might be calculated in a slightly different way, since spreads may vary according to country rules, yet all remain clear and transparent with AvaTrade. Also, always consider Overnight fee or interest rate is a fee which should be paid in case the trading position is opened longer than a day, or overnight. In this case, you should calculate a small percentage that will be added above, yet, also subject to change on a particular instrument, hence may cause you even to gain on rollover. How to use the AvaTrade Forex calculatorSo in order to manage your risk or not let you confused about charges, while trading you may also use great tool AvaTrade provide. Which is Forex Calculator that allows to consider and see all costs, losses or profits. Here are the steps on how to use Calculator.
Non trading feesLastly, there is an inactivity fee that is charged if you didn’t show any activity or open trades for a period of 3 month. In this case you will be charged 50$ per quarter. Moreover, the broker sets a fee for administration of 100$ in case you didn’t use the account for 12 consecutive months, so you better keep an eye over your account. Deposits and WithdrawalsBeing able to access your funds, fund your account with an initial deposit through a bank account with no complication is another core of the options trading. And while choosing a broker you should consider that point too, so here there are also good options offered by AvaTrade.
Trading PlatformsAvaTrade offering a truly wide selection of platforms and tools, it is not an overstate that each client will find his suitable way. So let us take a closer look at a range of AvaTrade platforms while all of them available through Web, Desktop or Mobile Apps tailored to iOS or Android devices. Scores & Availability of different platforms
• A choice between Web, Mobile and Desktop • MetaTrader4 and MetaTrader5 offered • Specialized software for social, automated and algorithmic trading included into proposal • AvaOption for Options trading • Web and Mobile App AvatrageGO for iOS and Android • Easy to navigate and simple to use software • Support of different languages |
None
Web Trading PlatformAs part of its commitment to empower traders, Ava caters to every type or level while each of its platforms provides an option to trade manually or automatically on a variety of financial instruments. Also, UK clients may request spread betting opportunities. WebTrader as a innovative platform is a great option for beginning traders, as it features an intuitive interface and great design simple to use or understand. |
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| • Proprietary Web trading platform
• User friendly design and login • Price alerts and push notifications • Supporting many languages |
• WebTrader is more suitable for beginners |
Languages available on the Web Trading platform
It is also very important to use the platform through your native language, therefore AvaTrade supports truly numerous languages, so you may select your best preferences. Available languages including but not limited to
Look and Feel
AvaTrade platform either web one or its additional software MT4 or MT5 features clear look and simple navigation. So whether you’re beginning or professional you will be happy to see intuitive design yet with powerful capabilities of tools. Also, you may choose the most suitable software according to your need either from WebTrader, AvaTradeGo app, Mac Trading or AvaOption platform.
Which was developed by Ava and allows you to enjoy another level of Options trading or FX with calls and puts, use of embedded tools and overall easy trading experience.
Login and Security
Accessing your account either through MT4 or MT5, along with other Ava platforms is a quite simple process. If you login through Web version you simply need to follow steps of security login.
In case you use AvaMetaTrader you need to install the desktop program then click on File-> Login to Trading Account, while typing your credits so then you’ll enjoy trading instantly.
Search Functions
One of the good features at the Ava platform is its search function, offering you easy navigation between the instruments or products you wish to trade. So by simple search line you will find the desired instrument through an advanced search between assets or options through a use of symbols.
Order Types
AvaMetaTrader or other platforms allows you to set specialized order types in order to manage risks, or set, adjust and manage profits or losses at any time. You may set either Trade Market or Pending order also specifying Stop Loss, Take Profit, Trailing stop and select desired type of executions. Also you may always modify your order through Order Modification Window. Eventually, you should stick to your strategy strongly and always set risk management tools for your successful trading experience.
Also note, AvaTrade does allow the holding of both Sell and Buy position known as hedging strategy.
Alerts and notifications
Platforms also powered with advanced technical indicators, charts and real-time price alerts with notifications which you may receive to your email. Thes
Desktop Trading Platform
It is still an option to use at AvaTrade desktop Platform which is an industry leading software very common, very powerful, yet allows flexible trading with a full capacity of auto or robot trading. You also can switch to MT4 Variable Spreads that offering the trade with lower spreads, starting at 0.9 pips and derived directly from the market liquidity, or to choose the fixed spread.
• Suitable for professional traders or beginnersc
• Many languages supported
Automated Trading
And the last but not the least, the AvaTrade Automated Trading capabilities, a very useful and promising tool especially for beginning traders. So Avar brought a variety of auto-trading software that enables copy or mirror the experienced strategy of successful traders.
AvaTrade offers few platforms to access auto trading which includes: DupliTrade is another successful social platform available for your opportunity, which suited for MT4 floating spreads and automatically copies the trades.
You still may also use ZuluTrade – one of the most popular auto trading software, and MQL5 – designed for MT4 terminal and enhancing signals service to auto-trade.
Mobile Trading Platform
Mobile app which AvaTrade absolutely proud of is AvaTradeGO, which is simple to use and offers a wide circle of tools at the same time. The App features a friendly dashboard with advanced tools and step-by-step guidance for trades opening, activity feedback and support.
As well, the platform allowing management of multiple MT4 accounts or switch between demo, real and variable spreads accounts.
• Customer friendly and easy to navigate
• Price alerts with notifications right at your mobile
• Many languages supported
Customer Service
So getting to AvaTrade customer support it provides 24-hour live support available through live chat, email, phone support in 15 languages. Eventually, AvaTrade offers some of the greatest quality support with fast and reliable answers and a huge range of free of charge lines all around the world.
| Pros | Cons | ||||||||
| • Quality customer support with live chat
• Fast response |
• Phone support not available 24/7
EducationIn addition to its some of the good quality trading offering among industry, all clients can enjoy absolutely stunning education resources. As Ava states that inspiring and expanding horizons of traders is the main part of everyday trading life.
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