Avatrade is an international provider for trading forex (currencies), CFDs (difference contracts). The company was founded in Ireland in 2006 and has since received a number of awards. AvaTrade has several branches on every continent. The company is also regulated internationally on a number of occasions.
AvaTrade offers a wide range of assets to trade with a small capital at low fees. The broker scores with a good complete package for beginners as well as for advanced traders.
(Risk warning: 75.59% of retail CFD accounts lose)
Facts about AvaTrade:
AvaTrade is a leading global CFD and FX broker. They offer innovative trading tools and services to individuals, professionals and institutions. Founded in 1999, they are based in Limassol, Cyprus with offices in London, Tokyo and Sydney. AvaTrade has over 250 employees worldwide.
AvaTrade is regulated by CySEC, FCA UK and MAS. The company has won several awards, including the Best Forex Broker 2019 award from Trading Central and Best Platforms by FX Week.
Is AvaTrade regulated? – Different regulation authorities:
Today, you can find many scam companies on the internet that are not regulated. Before investing money with a company, look for its official registration and regulation by an independent body. Most online brokers display their licenses directly on their homepage. A regulated forex broker cannot commit fraud, or else it would lose its license.
AvaTrade is an international company, with global offices and branches. The company appears to be very serious about online trading—it’s more than 6 times regulated, after all—and sponsors Manchester City football club. Your money should be safe if you use AvaTrade as your broker.
Whatever regulator you choose, your account is protected from negative balances. Forex and CFD trading are leveraged products that automatically close out a trade if losses reach the set position margin limit.
(Risk warning: 75.59% of retail CFD accounts lose)
Safety of customer funds
AvaTrade is a global broker that provides customers with a seamless trading experience. They have created their own platform, and they work with segregated customer funds. That means that the broker uses multiple banks and does not use clients’ money for hedging or investing. Deposits and withdrawals are guaranteed very fast. If you choose the European regulator “Central Bank of Ireland” you will get an ICCL Investor Compensation Company Ltd. with a more than 20,000€ money guarantee.
Note:
AvaTrade guarantees safe customer funds and negative balance protection.
Review of the Avatrade trading conditions
AvaTrade offers a wide range of trading options and markets. You can trade forex, stocks, commodities, cryptocurrencies, and other CFDs from a spread of 0.8 and high leverage up to 1:400.
The trading conditions are very competitive with other providers. Position sizes start from 0.01 lot in Metatrader 4/5. Also, other trading platforms are available than Metatrader 4/5 like the AvaTrade Option platform (AvaOptions), mobile app, and social trading platform.
A total of more than 1,250+ different assets and markets are offered for trading. Online also offers various account models. Choose between a fixed spread account or a variable spread account. Live account opening is possible from as little as $ 100 and you can also create a free demo account. This will expire after 21 days but you can open a new one after.
(Risk warning: 75.59% of retail CFD accounts lose)
The conditions of AvaTrade:
More than 1.250 different markets
Trade forex, stocks, commodities, cryptocurrencies, and options
A minimum deposit of $ 100
Free demo account for practice
Maximum leverage of 1:400
Competitive spreads (variable and fixed)
Platforms: MetaTrader 4/5, AvaOptions, Mobile App, AvaSocial, WebTrader
Trade cryptocurrencies 24/7
AvaTrade is one of the best brokers for cryptocurrencies. You can trade more than 10 different crypto assets on the platform with leverage. Invest in rising or falling markets. AvaTrade has several advantages over normal crypto exchanges.
The first advantage is that you get to trade a wide variety of currencies instead of just being limited to one or two. This gives you more choices when deciding what to invest in and which currency will give you the highest return on your investment.
The second advantage is that you can use leverage when trading cryptocurrencies on AvaTrade, which can help boost your profits quickly if things go well but also cause losses if things don’t go as planned. It’s important not to invest more than you can afford to lose because there are no guarantees when it comes to trading cryptocurrencies!
(Risk warning: 75.59% of retail CFD accounts lose)
Forex trading
Forex trading is a popular investment opportunity for retail traders. When you trade with AvaTrade, you have access to over 45 currency pairs with low spreads. There are no added commissions.
AvaTrade works with an additional spread added to the real market spread. That is how the broker makes money. The leverage can be up to 1:400 and the spreads are starting from 0.8 pips. You can trade major, minor, and exotic currency pairs.
Stocks, indices, and ETFs
AvaTrade has 1,000+ markets to trade and offers more than 20 different stock indices from all over the world. With CFDs, you can trade international shares from different stock exchanges via CFD (Contract For Difference) with a leverage up to 1:5. The spread is starting from 0.13%.
You can also do short trades on stocks and ETFs with AvaTrade’s CFDs.
Commodities
AvaTrade is a broker that offers investors the opportunity to trade in commodities, including oil, silver, gold, platinum and many others.
The variety of contracts available to trade with is quite large and exotic commodities like orange juice are available with the MetaTrader 5. The leverage on these contracts depends on the regulation you choose.
The spread is starting from 0.03 points in oil and varies with other commodities.
(Risk warning: 75.59% of retail CFD accounts lose)
Test of the Avatrade trading platforms
At AvaTrade, you will find the perfect trading platform for your needs.
Our 4 different platforms make it easy to trade forex and CFDs, options, social trading, or mobile. Each platform has its own advantages and is designed for a different type of trader.
In this article we will explain how to use all 4 platforms: Metatrader 4/5, AvaOptions, AvaSocial and AvaTradeGO.
The following platforms are available:
MetaTrader 4
MetaTrader 5
Web Trading
AvaOptions (options trading)
AvaSocial (social trading)
AvaGO (mobile app)
AVATRADE broker offers anything you need for trading successfully on the markets. From our experience, these platforms are reliable for professional trading. We will tell you the benefits of MetaTrader 4/5 and the other platforms in the following.
We have been working with AVATRADE broker since 2016. The broker has a long history and it has earned its reputation by providing an excellent service to its customers. It is one of the most reliable brokers on Forex market.
MetaTrader 4/5
Metatrader 4 platform
AvaTrade offers both versions of the MetaTrader. You can download and install the MetaTrader 4/5 after you created your trading account. The MetaTrader is offered by 80% of all online brokers. It is a very popular trading platform because it has all the functions you need for professional trading.
The MetaTrader is available for desktop, mobile devices, and web browsers. At first look, the MetaTrader can be difficult to use but the AvaTrader support will help you with that. We recommend using the free demo account first to practice trading. The MetaTrader offers a lot of tools for analysis and trading. If you want more tools you can add them to the software or buy them via an integrated market. Use indicators, drawing tools, or multi-charting for technical analysis.
Furthermore, this software supports automated trading. Every trading strategy is allowed with AvaTrade. Another advantage is that you can receive trading signals from professionals. The MetaTrader is clearly one of the best trading platforms. We recommend using version 5 because it has more functions and is more user-friendly
(Risk warning: 75.59% of retail CFD accounts lose)
AvaOptions platform for high-profit options
If you’re looking to make a quick profit in a short time frame, FX Options may be the product for you. You can also trade long-term trades on AvaTrade’s platform.
AvaTrade offers its own platform for FX Options that’s available for any device.
The platform offers more than 40 currency pairs so you can create an optimal portfolio. To hedge your forex positions, you can use the options directly to manage the risk. The platform gives you all the tools to control the risk. FX Options are very popular in open trades at a certain time horizon.
AvaOptions platform to manage risk
The platform can be accessed through your computer or mobile device, offering you the flexibility to control all orders via popular trading strategies. You can trade calls and puts with flexible options from this platform.
(Risk warning: 75.59% of retail CFD accounts lose)
AvaTradeGo App – Mobile Trading is very popular
Mobile trading is important for today’s traders, as they need to react quickly to the news or special events. More people are using their mobile phones for trading. AvaTrade offers mobile versions of its trading platforms and a special mobile app for trading (AvaTradeGo). For example, the MetaTrader 4 and AvaOptions are available for any device. In addition, you need only one trading account to log in on any device.
AvaTradeGo mobile app
If you’re looking to trade financial markets, the AvaTrade broker has one of the best platforms out there. It’s easy to use, and you can use it on any device—from your mobile phone to your desktop computer.
The broker offers a wide array of products, including CFDs, stocks, shares and indices. This means that whether you want to invest in the stock market or trade currencies, AvaTrade has something for you!
Plus, their customer service is absolutely amazing. They’ll help you get started trading and answer any questions you might have about how to use the platform or about their products in general.
Overall, we highly recommend this broker if you’re interested in learning how to invest in financial markets!
The advantages of mobile trading with AvaTrade:
AvaTrade is a broker offering clients the opportunity to trade on mobile devices. The platform is available for Android and iOS, as well as desktop computers.
AvaTrade’s mobile app offers the same functionality as the desktop version. It includes access to live streaming prices and charts, research tools, and trading capabilities. You can also use the app to place trades from anywhere in the world, regardless of whether you’re connected or disconnected from your broker account.
The AvaTrade mobile app allows you to access your account information and make trades from anywhere in the world. This can be especially useful if you are traveling or otherwise not able to access your computer at home or work. The advantage of this type of convenience is that it allows traders to make decisions quickly when they see an opportunity arise during their daily activities outside their regular routine schedule.
AvaSocial app – Copy other traders
AvaSocial platform
AvaTrade is the world’s first social trading platform, which allows you to copy other experienced traders and learn from them. The app is available for free on your phone and easy to use.
In 2020, AvaTrade invented a new app called “AvaSocial”. It is its own platform for social trading. That means you can connect your trading account with other traders and copy them. There is also the function to get copied and earn additional commissions.
On this app, there are a lot of experienced traders who share their ideas and trades. As a beginner, you can learn from them for free. The social trading app is very user-friendly and easy to use. But the platform is only available for mobile devices at the moment.
(Risk warning: 75.59% of retail CFD accounts lose)
How to open your account?
AvaTrade is a regulated forex broker that provides professional traders with access to the global financial markets. They offer a wide range of trading tools and products, including one-click trading and mobile trading.
AvaTrade is easy to use and has an intuitive interface. Traders can open their trading accounts within seconds, which is no rocket science to open an account with AvaTrade. Just sign in with your email and personal data. We recommend using your real personal date otherwise the forex broker will not allow you to trade with real money.
AvaTrade requires some additional information about the customers but this depends on the regulator. For example, traders who want to trade under European regulation have to upload ID/Passport and a utility bill to confirm their identity. From my experience, AvaTrade verifies the account in less than 24 hours
Free and unlimited AvaTrade demo account
The AvaTrade demo account is a free trading platform that provides you with unlimited access to all of the features of our platform. You can open up a demo account with no deposit and get started studying the tools and features that make our platform so powerful.
The demo account is an excellent way to familiarize yourself with our platform, and it’s a great way to learn the ropes before jumping into live trading.
How to do your first deposit
The deposit of money with AvaTrade is very simple. There are different payment methods available, but I have to mention that the payment method always depends on your country of residence—the minimum deposit is only 100 dollars and there are no fees for this.
(Risk warning: 75.59% of retail CFD accounts lose)
These payment methods are available (depending on your country):
Bankwire
Credit Cards (Visa, Master)
Neteller
Skrill
E-Wallets
It can happen that AvaTrade offers more methods depending on the regulator and country.
Review of the withdrawal with AvaTrade
AvaTrade is a regulated online broker that makes withdrawals very quickly. The withdrawal takes a maximum of 3 days and there are no hidden fees. Sometimes there is a fee depending on your payment method, but you can see it clearly in your account dashboard. AvaTrade does not charge any fees for withdrawals. Also, the broker uses well-known banks for transactions
(Risk warning: 75.59% of retail CFD accounts lose)
Which fees and costs can occur for traders?
AvaTrade is a broker with a transparent fee structure. This means that the fees are straightforward and easy to understand. There are no hidden fees, and AvaTrade only uses the market spread in order to finance itself. Traders can choose between variable or fixed spreads.
The only fee that can occur is the inactivity fee, which is charged after 6-month inactivity. This amount is 25$ for the inactivity fee. In conclusion, all of these fees are clearly communicated to traders on their trading platforms.
My review of the support and service for traders
If you want to make a successful investment, it is important to have a reliable broker behind your back. AvaTrade offers 24-hour support in more than 15 different languages. The support is available by phone, chat, or email. From my experience, they are working very fast and give professional answers to your questions.
AvaTrade offers a variety of educational resources to help you understand the financial markets and become a successful trader. The website has a large FAQ section that covers everything from the basics of trading to more advanced topics like margin trading. The site also includes a large tutorial section with instructions on how to use AvaTrade’s web-based trading platform and mobile app.
In addition, there are daily webinars for real-time market situations and professional analysis with good trading ideas. AvaTrade also has professionally trained employees who can help you learn more about the markets and become successful at trading them.
(Risk warning: 75.59% of retail CFD accounts lose)
The conclusion of our AvaTrade review: Recommend online broker
AvaTrade is a reliable online broker that offers some of the most competitive trading conditions and products on the market, including forex, stocks, and cryptocurrencies. For beginners and experienced traders alike, AvaTrade is one of the best options out there.
The company offers over 1,250 different markets to trade in, so you’re sure to find something that suits your needs. They also have an extensive range of leverage products available for trading; from forex to cryptocurrencies to stocks, there’s no shortage of options for all kinds of investors.
If you’re new to trading or just want to try it out with a small amount of money before committing more funds, you can use their free demo account to get started without risking any real money—just be sure not to forget about the time limits!
With AvaTrade’s minimum deposit requirement only being $100, it doesn’t matter if you have lots of money or just a little bit—you’ll still be able to invest with this broker! There’s also excellent support available in 15 different languages so no matter what language you speak or what country you live in there will always be someone who can help you out when needed.
The advantages of AvaTrade:
More than 6 regulators
High security of customer funds
No hidden fees
Free demo account
Minimum deposit only $ 100
More than 1,250 different markets available to trade