AvaTrade Review
AvaTrade Review: Award-winning, secure broker with tight spreads and multi-asset trading.
AvaTrade, established in 2006, is a globally recognized online trading broker offering CFDs on forex, stocks, commodities, cryptocurrencies, indices, and options. It is highly regulated, with oversight from nine regulatory authorities across six continents, ensuring a secure trading environment.
Traders benefit from competitive conditions such as tight spreads, up to 400:1 leverage, and 0% commission. AvaTrade supports various powerful platforms including the AvaTrade Mobile App, WebTrader, MetaTrader 4/5, AvaOptions, and AvaSocial for copy trading.
The broker's dedication to security, support, and innovation is reflected in numerous industry awards and positive client testimonials. Headquartered in Dublin, Ireland, with offices worldwide, AvaTrade offers a wide range of trading instruments, advanced platforms, and strong support, making it a preferred choice for traders globally.
Advantages of using AvaTrade
Comprehensive Asset Coverage: AvaTrade offers trading in a wide range of approximately 1000 financial instruments, including stocks, commodities, cryptocurrencies, and indices. This broad selection of allows traders to diversify their portfolios and take advantage of various market opportunities.
User-Friendly Platforms: AvaTrade offers a variety of trading platforms to suit different trading styles and preferences. These include MetaTrader 4 and 5, WebTrader, AvaOptions, and the award-winning AvaTradeGO mobile app. The platforms support both manual and automated trading, providing flexibility for all traders.
Robust Security and Regulation: AvaTrade is regulated in nine jurisdictions, including Europe, Australia, Japan, the British Virgin Islands, the UAE, and South Africa ensuring a secure trading environment. Client funds are held in segregated accounts for added security.
Educational Resources: AvaTrade offers extensive educational materials, including video tutorials, webinars, and a comprehensive trading eBook, to help traders improve their skills and knowledge.
Personalized Support: The broker provides dedicated account managers and a professional support team available through phone, email, and live chat, ensuring that traders receive timely assistance.
Competitive Trading Conditions: AvaTrade offers tight spreads, up to 400:1 leverage, and 0% commission, providing traders with favorable conditions to maximize their potential returns.
Innovative Features: AvaTrade introduces cutting-edge tools such as AvaProtect™, which protects trades from losses, and AvaSocial, enabling traders to copy the strategies of top traders.
Global Presence: AvaTrade operates globally, with regional offices and sales centers in major cities such as the UAE, Dublin, Milan, Tokyo, and Sydney. This extensive network ensures that traders worldwide have access to local support and services.
Award-Winning Broker: Since its founding in 2006, AvaTrade has earned over 30 reputable industry awards, reflecting its commitment to providing top-notch services and innovative trading solutions.
AvaTrade at a Glance
AvaTrade serves two types of Traders
New Traders
AvaTrade is suitable for beginners due to its user-friendly trading platforms (MT4, MT5, AvaTradeGO), extensive educational resources, and demo account for risk-free practice.
Regulated by top-tier authorities like ASIC and the Central Bank of Ireland, AvaTrade ensures a secure trading environment with segregated client funds. The broker's low minimum deposit of $100 and straightforward spread fee model enhance accessibility.
Experienced Traders
AvaTrade is well-suited for experienced traders, offering a professional trading account with high leverage and low margin requirements. Eligible traders must meet criteria such as significant trading activity, financial sector experience, or a substantial financial portfolio.
Additionally, AvaTrade provides robust risk management strategies, including planning trades, using the one-percent rule, setting stop-loss and take-profit orders, and diversifying and hedging positions.
Other Benefits of using Ava Trade
AvaTrade's Trading Signals: AvaTrade's Trading Signals provide a streamlined and efficient approach to trading, seamlessly integrated into AvaTrade WebTrader and AvaTradeGo platforms. Additionally, these signals are available for MetaTrader, email, and Telegram. These real-time signals, which are award-winning and offered free through a third-party service by Trading Central, cover a variety of financial instruments, including Forex, stocks, commodities, and indices. They include detailed explanations and key-level analysis for informed decision-making. Automatic take-profit and stop-loss levels simplify the process, making it suitable for both novice and experienced traders.
Also, for the first two weeks, these signals are available for free to everyone, even without a deposit. With AI-powered insights, AvaTrade's signals enhance trading strategies and help achieve financial goals.
Ava Academy: Ava Academy provides a wide range of free trading courses for all experience levels, covering topics like technical analysis, risk management, and trading strategies. Created by market experts, the content is flexible and self-paced, allowing you to learn at your convenience. The platform offers diverse materials, including videos, articles, and quizzes, to ensure a thorough understanding of trading concepts. Courses cover all asset classes, providing valuable knowledge and practical skills to enhance your trading expertise.
AvaTrade VIP Premium Membership: AvaTrade’s VIP Premium Membership offers a superior trading experience with exclusive benefits. Members receive top-rated VIP support, dedicated personal relationship managers, and expedited withdrawals. Advanced trading tools include exclusive webinars, market insights from Trading Central, and real-time volatility alerts. Members also enjoy no deposit fees, preferential trading conditions, and the ability to earn up to 3% interest on available margins. Early access to new features ensures members stay ahead of market trends, making AvaTrade’s Premium Membership a valuable asset for serious traders.
AvaTrade FAQs
Does AvaTrade accept traders worldwide?
AvaTrade serves traders in over 150 countries. However, it does not accept clients from Belgium, Cuba, Iran, Syria, USA, New Zealand, North Korea, Turkey, and Sudan.
The website and platform are available in 24 different languages, including English, Russian, French, Portuguese, Arabic, Spanish, German, Italian, Chinese, Japanese, Malaysian, Thai, Dutch, Finnish, Korean, Swedish, and Turkish.
What is AvaTrade's minimum deposit amount?
The minimum deposit amount is $100 USD, €100 EUR, £100 GBP, or AUD $100.
What is AvaTrade’s leverage?
AvaTrade’s leverage varies by asset type and location: Forex up to 1:400, commodities up to 1:200, indices up to 1:200, bonds up to 1:100, cryptocurrencies up to 1:25, equity CFDs up to 1:20, and ETFs up to 1:20, with EU-based retail traders having a maximum leverage of 1:30.
What are AvaTrade's Fees?
AvaTrade primarily charges through the Buy/Sell (Bid/Ask) spread, which is incorporated into the quoted rates. Additional fees include:
Inactivity Fee: $50 (or equivalent in EUR/GBP) after 3 months of inactivity and an annual Administration Fee of $100 (or equivalent in EUR/GBP) after 12 months of inactivity.
Swap Rates: Fees for leveraged overnight positions. For example, swap rates can be up to 0.0058% daily on certain assets.
Currency Conversion Fees: Applied when the traded asset's currency differs from the account base currency. This fee can be a percentage of the transaction amount, often around 0.5%.
Additional Details:
Forex Spreads: Minimum spreads start from 0.9 pips, with average spreads for major currency pairs around 1.5 pips.
Equity CFDs: Markup of 0.13% over market spreads.
Cryptocurrencies: Costs range between 0.20% and 2.00%.
Indices: Markups between 0.25 and 10.00 points.
Commodities: Markups from $0.0015 to $1.1000.
AvaTrade does not charge deposit or withdrawal fees, but third-party costs may apply
AvaTrade's Deposit Bonus
AvaTrade offers a 20% deposit bonus for new clients, with a minimum qualifying deposit of $200 in USD, EUR, AUD, or GBP. Deposits via Skrill and Neteller are excluded, and the bonus is not available to clients from European countries, Canada, Japan, Bangladesh, China, Hong Kong, Indonesia, Iran, Macao, Malaysia, Mongolia, Pakistan, Taiwan, Thailand, Vietnam, the United Kingdom, ADGM Regulation clients or UAE clients under ADGM Regulation, and Australia.
The bonus, credited after account verification and an initial trade, adds to your trading margin but can only be withdrawn once you reach a trading volume of 20,000 times the bonus amount within six months (approximately 400 lots on EUR USD, e.g., 20,000 x $2,000 bonus = 40,000,000). Early withdrawal of the initial deposit cancels the bonus.
