AvaTrade Review 2023: Is It a Legit Broker for Trading?

AvaTrade, established in 2006 and affiliated with the Ava Group, this forex broker emerges as a reputable force in the forex and CFD brokerage arena, a prominent name in online trading. In this AvaTrade review, we delve into the core of this exceptional broker platform. With a stellar reputation upheld by numerous AvaTrade reviews, it has cemented its position as a go-to platform for traders worldwide.
AvaTrade offers a comprehensive range of trading instruments over 1000+, user-friendly features, and cutting-edge technology; AvaTrade Broker has become synonymous with reliability and excellence. AvaTrade trading platform also boasts a global community of over 400,000 registered traders, executing over 3 million monthly trades.
In this AvaTrade review, we analyzed the broker’s strengths and weaknesses, supported assets, deposit/withdrawal methods, fees, and more. We aim to provide traders with an informed perspective, comparing trading costs, spreads, and AvaTrade’s leverage, ensuring that you have a well-rounded understanding before choosing this broker as your trading partner. Read through the AvaTrade Reviews to make an informed decision.
AvaTrade Overview
Official Website | https://www.avatrade.com/ |
Headquarters | Dublin, Ireland |
Found in | 2006 |
Regulators | ASIC, Central Bank of Ireland, FSCA, FSC, ADGM, FSCA, and IIROC |
Product Offered | Forex, Stocks, Commodities, Indices, FXOptions, ETFs, Bonds, Cryptocurrencies |
Minimum Initial Deposit | $100, €100, £100 |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Trading fees | Low |
Inactivity fee | After 3 Consecutive Months |
Withdrawal fee | No |
Supported currencies | GBP, USD, CHF, JPY, CAD, AUD, EUR |
Customer Support | 24/5 Assistance Through Contact ID and Email |
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
About AvaTrade Trading Platform: Our Thoughts
AvaTrade, a leading Forex and CFD broker, offers a comprehensive and user-friendly trading platform. With headquarters in Dublin, Ireland, it operates globally, serving traders from various backgrounds. AvaTrade is regulated by multiple authorities, including ASIC in Australia, the Central Bank of Ireland, and the FSCA in South Africa, ensuring a secure trading environment.
The platform is known for its intuitive design and robust features, including the popular MetaTrader 4. It provides access to various assets, competitive spreads, and educational resources. AvaTrade is a trusted choice for novice and experienced traders seeking reliable and efficient trading services.
AvaTrade, headquartered in Dublin, Ireland, operates across 10+ global offices, adhering to regulation by prominent authorities, including ASIC in Australia, the Central Bank of Ireland, FSCA in Japan, the British Virgin Islands, ADGM in the Middle East, FSCA in South Africa, KNF in Poland, Israel Securities Authority in Israel, and IIROC in Canada. AvaTrade collaborates with Friedberg Direct for trading services in Canada and is under the oversight of the Cyprus Securities and Exchange Commission, regulated by Direct Investment Hub Ltd.
Friedberg Direct, a division of Friedberg Mercantile Group LTD, enjoys recognition in the Forex and CFDs market, supporting MetaTrader 4 and expert advisors. It’s well-established, with offices spanning Australia, Ireland, China, Japan, Italy, Mexico, Poland, Mongolia, South Africa, and other nations.
AvaTrade does not cater to US traders but boasts a substantial trading volume of over 3 million monthly transactions. Clients of this online trading platform benefit from attractive bonuses, competitive spreads, and diverse transparent offerings.
AvaTrade Main Highlighting Features
- AvaTrade put forward other platforms like AvaTradeGO, AvaOptions, MT4, and MT5. Since it was founded in 2006, the forex brokers have expanded quickly with more than three hundred thousand registered end users globally; and the number continues to grow.
- AvaTrade Account opening is pretty straightforward, and as per marketing materials, AvaTrade has several deposit and different withdrawal methods, which are free of charge. Also, Avatrade provide a user-friendly search function, educational tools, and daily market analysis research instruments.
- AvaTrade team has strict security measures regarding client data. It is protected by 256-bit SSL encryption over the complete website; McAfee prevents identity theft and credit card fraud. AvaTradeGO is an easy-to-use and flexible app that extends several features;
- It also includes AvaTrade’s insurance scheme and risk management tool: AvaProtect. Users can download the app on Android devices and iOS devices. The order type is restricted, and the AvaTrade app is offered only in English by AvaTrade.
- User reviews show that AvaTrade has a quick registration process. AvaTrade trading fees are also low; they provide a competitive spread and a minimum deposit requirement of 100 dollars for an e-wallet, credit, or debit card.
- Deposits at AvaTrade can be made through wire transfers, credit cards, and debit cards. AvaTrade Withdrawals are processed immediately if the user submits a withdrawal form with any AvaTrade withdrawal option & there are no AvaTrade withdrawal fees. Still, it might take a few days to process.
- The withdrawal requests will take up to 5 working days to process. The maximum trade requirements may vary depending on trader and tradable instruments. There are no commission charges in cryptocurrency trades. Avatrade has so many good and user-friendly tools compared to other brokers.
- Trade expiration dates can be set overnight to one year at any strike price on business days. Avatrade offers very low spreads & has reliable order execution.
- AvaTrade offers six major currency pairs:
- GBP/USD
- USD/CHF
- USD/JPY
- USD/CAD
- AUD/USD
- EUR/USD
Risk Disclaimer :
As many AvaTrade reviews state, making money when trading CFDs, as these are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money with this provider.
Pros and Cons of AvaTrade
Pros
- Regulated by several authorities across the globe.
- Traders can contact the AvaTrade customer support team, which is available in several languages.
- Competitive spread with many platforms & also provide fee reports.
- This web trading platform has a demo account.
- Low AvaTrade fees.
Cons
- Withdrawals might take up to 10 days.
- High Inactivity Fees, $50 per Quarter.
Why Should You Choose to Trade With AvaTrade?
AvaTrade is a secure forex broker with a track record of providing premium user-oriented platforms, customer services, forex brokers, and trading forex, CFD. A trader can open a trading account with AvaTrade and start trading activity on the MT4 platform quickly.
This team has a highly competitive spread and a huge range of assets. AvaTrade, daily market analysis research instruments, affiliate programs & 0.9 pips is an average spread cost.
The team also possesses financial trading instruments such as stocks, commodities, and others with good leverage and competitive spread. As with most brokers, in AvaTrade, margin requirements vary depending on the instruments. It is also an active community of over 145,000 registered partners!
AvaTrade’s client funds are held in segregated accounts and are regulated in Australia, European Union, Japan, UAE, South Africa, and the British Virgin Islands. Avatrade supports more than 20 languages. AvaTrade is a trusted global brand best known for its extension selection of trading platforms for forex and CFD traders.
AvaTrade’s mobile app with copy trading, AvaTradeGO, has positive reviews. This best broker has ensured a seamless and efficient experience on the desktop version & mobile trading platform.
AvaTrade’s Risk Management Tool: AvaProtect Platform
AvaProtect is AvaTrade’s innovative risk management tool. The tool is available on AvaTradeGO and their online platform AvaTrade WebTrader.
The unique risk management tool allows both beginners & professional clients protection against losses of up to $1000000 within a chosen time frame, all in exchange for a minimum hedging cost, which is paid during the time of purchase.
It was created as the company’s ongoing commitment to customer satisfaction and success, available only on AvaTrade. The AvaTradeGO App can be downloaded from the Google Play and Apple app stores.
AvaProtect Trading Platform
This team introduced AvaProtect, which is an essential tool that reduces risks. This risk management feature guides users by protecting a specific trade against losses of up to $1 million over a specific time frame. This feature is offered in exchange for a small hedging cost that needs to be paid during the purchase.
AvaTrade customer trades are protected when the market goes down, and AvaTrade is safe from market fluctuations during that period. Simply put, the amount will be reimbursed by AvaTrade if the user’s accounts lose money at the end of the protected period directly to the trader’s account with AvaTrade.
If the protected trade is closed by a stop out or manually, the coverage will stop at that point. If there are any reimbursed losses, they will be credited in the form of liquid cash or without any withdrawal procedure restrictions.
How to Activate the AvaProtect Platform?
You can activate AvaProtect in 6 easy steps –
- In the AvaTradeGO app, open WebTrader
- Choose any instrument
- Click the AvaProtect icon
- Select the protection duration
- Check the administration fee structure and expiry date
- Lastly, complete the trade.
This is how your trade is protected.
Regulation and Security at AvaTrade Trading Platform
AvaTrade is a mature global regulated trading platform being regulated on 6 continents. AvaTrade is regulated by:
- Ava Capital Markets Australia Pty Ltd is regulated by ASIC (Australian Securities and Investment Commission) – No.406684
- Ava Trade EU Ltd is regulated by the Central Bank of Ireland – No.C53877
- Ava Trade Ltd is regulated by the B.V.I. Financial Services Commission
- Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA) (No.190018)
- Ava Capital Markets Pty is regulated in South Africa by the South African Financial Sector Conduct Authority (FSCA NO.45984)
- Ava Trade Japan K .K. is licensed and regulated by the Japanese Financial Services Agency (License No.1662), the Financial Futures Association of Japan (License No.1574)
- AvaTrade Ltd is regulated in Israel by the Israel Securities Authority (No. 514666577)
Advantages of using AvaTrade Trading Platform
- AvaTrade pro offers account protection against negative balance, and anytime the market fluctuates, trades are protected from market volatility, and they are safe brokers from any adverse probability during the period.
- AvaTrade reimburses the members for directly losing the trades to the trader’s account at the end of the protected period.
- AvaTrade suggests higher spreads and several cryptocurrencies to choose from. Users can trade directly through the AvaTrade web trading platform; no electronic wallets are needed.
- AvaTrade Reviews mentions that there are no hidden fees, zero commissions, financing rates, and no trading costs or bank account & bank transfer fees on the transactions executed. But AvaTrade charges currency conversion fees. AvaTrade trading fees are reasonably competitive for depositors, especially those trading individual stocks.
- AvaTrade provides competitive spreads and generous leverage levels of up to 2:1 for EU residents. For non-EU residents, it is 25:1. This increases the trade value and provides the user more exposure to the trading markets, such as the United States, Europe, and Asia. Maximum leverage up to 1:400. Using the AvaTrade trading platform, one can trade cryptocurrencies against fiat currencies, which is a major benefit when comparing brokers to other top forex brokers.
Some of the cryptocurrencies that can be traded on AvaTrade are –
- Bitcoin
- Bitcoin Cash
- Bitcoin Gold
- Ethereum
- Litecoin
- Dash
- Ripple
- EOS
AvaTrade’s Trading Platforms
Most traders can benefit from various trading platform options that AvaTrade offers several ways to trade. AvaTrade has third-party platforms like MT4, MT5, and their own AvaTradeGO and Webtrader. AvaTrade offers an extensive selection of multiple trading platforms.
WebTrader Platform
The web platform connects traders directly with the financial markets through an internet browser. Having a modern design and easy-to-use front end, users can enjoy a hassle-free trading experience. Further, users need not download or install; they can approach the web trading platforms from a PC. If the user has a stable internet connection, they can trade forex from anywhere.
By using the WebTrader platforms at AvaTrade, end users can benefit from a seamless user experience, search functions, and utilize several functionalities directly from the AvaRrade web version. They can also access technical analysis indicators and educational trading tools. Trading Central comes fully integrated into this trading platform, which can be used for instant pattern recognition and technical insights. Besides, no Trading Central installation is needed. It is available on any browser or computer.
AvaTrade WebTrader also trots out a few important features, like AvaProtect, a risk management tool that helps traders protect the trades from the probability of losing money. Users can also set up take profit or stop-loss to close their positions. They can also view charts and the trading history; WebTrader helps individuals to open and close positions with the click of a mouse.
AvaTradeGO Mobile Trading App
AvaTradeGO was voted as the number 1 Forex Trading App in 2020. Using AvaTradeGO can reduce risk, take advantage of market trends, and stay up-to-date. It is a unique app offered by AvaTrade. It has intuitive features and a safe way to monitor social trading. User reviews show that AvaTradeGO has a great user experience, and its notification, price alerts, and charting tools help traders gain important financial insights for clear market analysis. AvaTrade is a broker, not a market maker.
MetaTrader 4 Platform
MetaTrader platforms are third-party trading software that is very popular among traders. MetaTrader 4 presents a great user experience and several functionalities. AvaTrade gives two versions of the platform, MT4 and MT5, available on desktop, web, and mobile trading platforms.
Irrespective of the trading platform the user chooses, both are highly effective. The software will not overload the systems; thus, it is made for immediate execution and fast trading. These are the most important aspects to consider when a user trades in fast-paced, volatile markets. A powerful combination of leading trading and analytical technologies allows the implementation of some of the most complicated strategies (e.g., Donchian Channel).
MetaTrader 5 Platform
- It is often referred to as a next-generation platform. AvaTrade provides MT5, which is a powerful trading platform.
- MT5 is intended to trade forex with many asset classes, including cryptocurrency trading; it is a multi-asset platform that helps traders enhance their experience by offering effective and intuitive functionalities. AvaTrade offers several practical resources and trading tools.
- As per our AvaTrade review, MT4 and MT5 are the trading platforms offered with backtesting capabilities. The main advantage of MT5 over MT4 is that it caters to the needs of the United States and non-forex markets. You can place market orders through this platform.
- Traders can get the pricing trading environment without a dealing desk from anywhere.
Some of the different features that are offered by MT5 (when compared with MT4)
- MT5 comes with an economic calendar that is fully integrated, and its tabs show previous data, the news released schedules, market consensus, educational videos, etc.
- Using MT5, the traders can transfer funds very easily. This helps AvaTrade streamline the process by offering traders flexibility and convenience.
- On the MT5 platform, the traders can check the market movements using a graphical representation of offers and bids of specific financial assets. It is the most important function which helps the traders to execute their orders at the best possible price.
- Using the AvaTrade MetaTrader 5 platform, traders can trade futures, options, bonds, forex, algorithmic trading, and CFD.
AvaOptions Platform
In Forex Options, AvaTrade has its desktop trading platform for trading options. AvaOptions with Vanilla Options helps clients in options trading to create a portfolio, choose from over 40 currency pairs, and reward. It also has portfolio simulations and professional risk management tools.
Automated Trading
AvaTrade recommends automated copy trading platforms like ZuluTrade, DupliTrade (the education section is good, above the industry average), and MQL5. Using these platforms, traders can copy or mirror the trades of other successful traders. If you are an experienced trader, AvaTrade has different auto trading products, and will be able to receive support from industry expert advisors.
Mac Trading
AvaTrade trots out a wide selection of trading that can be used on a desktop and an Avatrade mobile trading platform. For Mac owners, the interface allows traders direct access to trade several assets on MetaTrader 4, MetaTrader 5, and WebTrader. The traders can trade several currencies and stocks anytime and from anywhere. As the name suggests, this platform has been specially created for Mac and is well-designed for smooth navigation. It gives a wide range of order types with multiple charting options trading strategies for smooth trading to options traders.
Mobile Trading Platform
AvaTrade’s AvaTradeGO mobile apps provide traders with several powerful features of MetaTrader 4. AvaTrade features like a clear dashboard, social trading, notifications, deposit bonus, etc. This allows the trader to create watchlists, view notifications, live prices, and technical charts. The traders can choose several trading instruments, including commodities, stock indices, and forex. This app is available on Android and iOS devices. AvaTradeGO mobile app is user-friendly for traders for a great mobile experience.
Supported Basic Order Types by AvaTrade
Like most platforms, traders can utilize common orders like-
- Market
- Buy Stop
- Sell Stop
- Buy Limit
- Sell Limit
If the trader applies for a take profit or stop-loss order, the trade position will be automatically closed when triggered. Moreover, traders can manually close these positions anytime before any orders like limit orders or others are triggered.
Different Types of Account Types AvaTrade Offers are:-
The account types that are available with AvaTrade –
Standard Accounts or Retail Accounts
AvaTrade trading platform offers Standard account / Retail account. Using debit and credit cards, standard accounts can be opened with as little as $100.
Corporate Account
Suppose the trader wishes to open a corporate account. In that case, they need to upload some of their documents, such as a certificate of incorporation, a copy of the company director’s government-issued ID card, and a copy of a recent utility bill, corporate board resolution, memorandum, and articles of association.
Forex Options account
Avatrade also has a Forex options account for traders. Traders can choose from over 40 currency pairs and any combination of CALL and PUT options from a single account.
Islamic Account
AvaTrade does offer Islamic accounts. It is a free account.
Spread Betting Account
A spread betting account is only offered in the United Kingdom and Ireland.
Types of accounts at AvaTrade vary from country to country; for example, Member States of the European Union can open a professional account, options, and spread betting accounts, and clients from the British Virgin Islands, Australia, South Africa, and Japan can have a standard account and options account with AvaTrade. Clients from Abu Dhabi can open a retail account, options, and professional account. For new account openings, traders must have to fulfill regulation requirements.
Financial Instruments Offered by AvaTrade
AvaTrade provides the following instruments for its traders –
Forex
40 currency pairs available, including all minor, major, and many exotics available 24 hours a day, 7 days a week. Traders can enjoy competitive spreads.
Stocks, Indices, Bonds, ETFs & Commodities
Traders of AvaTrade enjoy the highest leverage and very competitive and low spreads for trading financial assets.
Cryptocurrencies
Traders can trade 9 different cryptocurrencies with up to 20:1 leverage.
FX Options
AvaTrade has made trading options accessible for traders of all experience levels. The new options trading platform reduces the complexity of vanilla options and opens up a range of opportunities.
Forex Affiliate Partnership Program
As per our AvaTrade Reviews, it provides an AvaTrade Forex affiliate partnership program where the advertising partners can Avatrade operate from home, and they are awarded for referring traders to the platform. The AvaTrade forex affiliate network consists of over 145,000 partners and more than $300,000,000 paid in commissions., including the global partner of Manchester City, in over 150 accepted countries worldwide.
Affiliates can choose partnership types like:
- Introducing Broker
- Online Affiliate
- Trading Academy
- Money Manager
- Call Centre
- Service Provider
AvaTrade Withdrawal Fees
To withdraw money from the AvaTrade account, the trader should ensure that their account is confirmed and verified & this broker doesn’t charge a withdrawal fee. Identity verification is one of the main needs of the regulatory authorities, and the broker should strictly follow the KYC process.
This process at AvaTrade needs to identify the trader’s account and check out any potential risks that might give access to fraudulent activities. The withdrawal process of AvaTrade takes 1 to 2 business days.
This trusted broker is regulated and complies with strict regulatory requirements that are needed by the authorities. It adheres to international anti-money laundering regulations. As per our AvaTrade review, withdrawals can be made through the payment methods funded to the AvaTrade account. The conversion fee depends on the base currency, payment provider, and receiving currency.
AvaTrade Deposit Fee
One can start with deposit funds to open a trading account with AvaTrade.com without a deposit fee. There are different ways to deposit funds: credit cards, debit cards, bank transfers, and e-wallets (Skrill, WebMoney, Perfect Money, and Neteller). Each has its own processing time. Credit/Debit cards and e-wallets may take one business day, and wire transfers can take up to 10 business days. A low minimum deposit requirement to open a live trading account has decreased with an increasing number of brokers.
The low minimum deposit for AvaTrade is $100, and trading conditions warrant it. AvaTrade has four main base currencies: USD, EUR, GBP & AUD base account currency. Bank transfers can take up to 10 business days.
Research Tools and Daily Market Updates
As per our AvaTrade forex review, a variety of great research tools & trading ideas for its traders are offered by AvaTrade. It has also integrated Trading Central, a third-party tool & forex featured ideas that provide technical and fundamental analysis in line with the industry average.
When traders register at AvaTrade, they will receive a daily market trading strategy newsletter and morning news brief, including daily market data, market buzz, market news, and updates. Traders at AvaTrade can also access a blog that covers current events and market commentary.
A Trusted Broker with Excellent Educational Resources
AvaTrade offers several education tools and empowers clients to trade with confidence through the education website Sharp Trader. Its collection of ebooks, videos, research articles, and webinars will be helpful to traders of all proficiencies. AvaTrade members are also offered a demo trading account to practice without using real funds.
Some of the trading courses and other educational materials offered through AvaTrade include –
- Beginner’s Trading Guides
- Professional trading strategies
- Economic indicators
- Order types
- Ebook
- Trading videos & well-organized tutorials platform.
- Webinars
- AvaTrade Demo Account
CFD With AvaTrade Trading Platform
AvaTrade was one of the first online brokers to provide forex and CFD trading (for those who understand how CFDs work), thus giving individual traders access to a range of markets that were not provided to them before & providing less CFD trading fees. The platform has quite a collection of CFD instruments: ETFs, stocks, bonds, cryptocurrencies, and commodities. Along with leveraged trading and multilingual customer support, AvaTrade does not charge exchange fees and offers tight spreads.
Forex Trading With AvaTrade
When trading forex or any other instrument, traders should trade confidently, even though profits are not guaranteed. Every platform has advantages and disadvantages, and major risks of losing funds exist. AvaTrade recognizes that knowledge is the key to confidence. AvaTrade’s website has the best educational resources.
Forex trading at AvaTrade is a highly regulated broker providing various forex pairs. Other advantages include competitive spreads, multiple platforms, and premium customer service. The platform has restriction-free scalping and short-selling.
AvaTrade’s Customer Service
AvaTrade offers a dedicated and excellent multilingual award-winning customer support team and supports 14 languages. You can contact AvaTrade team, which is available 24X5 over the phone support, live chat, and email. AvaTrade live chat and email address are said to have the fastest response times. AvaTrade does give excellent service.
AvaTrade’s Economic Calendar
- AvaTrade has a global economic calendar shows financial events affecting financial markets and asset class value.
- The events are pre-scheduled and consist of statements made by countries and leading players in the financial sector from the IMF (International Monetary Fund), Central banks, and others. It also declares a country’s monthly unemployment rate, which can cause fluctuations in the currency value.
- Traders can access important economic releases and view the GDP of almost all countries, employment data, inflation rate, and other economic indicators that can influence the market either to go high or low.
- Experienced traders can apply, plan, and execute trades by following economic events using the calendar. Traders can use it to predict how the market will move to make wise and informed trades.
- Traders can better understand the causes behind market fluctuations, predict how much the market will change, and understand how past events have influenced the markets by what percentage.
- Traders can better understand critical market movements affecting trades and prices using an economic calendar.
Market movements of a specific currency pair can be monitored closely.
- Traders can follow the occurrences of the markets, and they can also measure their ripple effects.
- Users can follow important economic and non-economic factors that will help them to anticipate important market movements and act accordingly.
AvaSocial – Taking Social Trading to the Next Step
- AvaTrade launched AvaSocial in November of 2020, a new copy trading solution for traders. These new copy and social trading tools benefit new and existing traders by permitting them to connect with other traders to share and execute trades in a central network.
- Using the AvaSocial mobile app, users can copy and follow the trades of other traders. They can get further information and advice from experts, ask mentors questions in VIP groups, and try out powerful and new strategies. AvaSocial is an easy and user-friendly mobile platform.
- Currently, AvaSocial is available in languages such as English, German, French, Spanish, Italian, Japanese, Vietnamese, Chinese, Hong Kong, and Chinese (traditional).
- Clients can use AvaSocial to create a community of followers, where they can monitor their trade strategies, manually copy or auto-copy others trades, and analyze their performance; users can communicate with other traders using the instant messaging functionality. Traders can easily set an underlying asset and strategies they want to trade.
- Both beginner and professional traders can use Avasocial for relevant experience. Beginners can use AvaSocial to gain exposure to the financial markets, while professional traders can save time by learning about the financial market.
- Traders can receive trading forex signals in real-time and get updates about other expert traders and friends in a specialized news feed. They can check what they are doing, comment, share, like a trade, or copy their trading signals.
- AvaTrade customer celebrates their success with an image or video post, which users can post on various social media platforms such as Instagram, Facebook, and Twitter.
- Whenever markets are active, traders can trade, stay motivated, and communicate with other traders in an engaging and safe trading environment.
Who Can Use the AvaTrade Trading Platform?
As per our AvaTrade review, this team caters to diverse client groups because it provides several options Avatrade on platform trading, tradable asset classes, research instruments, and software.
Beginners can use the AvaTrade platform, and AvaTrade offers a simple and intuitive front-end backed by a dedicated customer support & AvaTrade account manager team. Beginners can easily navigate through the platform’s features and functionalities. The AvaTrade platform offers specialized educational material to acquaint themselves with the trading environment.
Advanced traders can use the AvaTrade platforms, and the spreads are competitive edge, close to the industry average; it offers trading from a tablet, desktop, web platform, mobile app, MT4, mobile devices, and AvaTradeGO. It includes several advanced instruments for expert traders. Also, it provides an automated trading platform and conducts several free webinars for traders of all levels. AvaTrade offers multiple trading platforms for traders. This step-by-step guidance will help traders to trade easily. This platform is for advanced users as well.
Those looking for diversified portfolios can find AvaTrade’s range of financial instruments, such as commodities, stocks, forex, CFD, indices, FX pairs, and cryptocurrencies, useful. It helps traders diversify their portfolios and minimize the risks involved.
Conclusion on AvaTrade Broker
To conclude our AvaTrade review, the broker has a good track record & is regulated by several authorities, such as the Central Bank of Ireland and the Australian Securities and Investments Commission, but it is not a market maker. AvaTrade has withdrawal options and deposit options free of charge, low trading fees, and a free demo account. AvaTrade is user-friendly and provides many research and educational instruments. Even though it has several advantages, the high non-trading fees, currency conversion fees, and limited investment products can be major cons. AvaTrade minimum deposit amount is very small, and individuals can start trading immediately.
AvaTrade FAQs
What is the minimum deposit amount for AvaTrade?
Is it safe to trade with AvaTrade?
Is AvaTrade Regulated?
How Long Do Withdrawals Take in AvaTrade?
What Are the Funding Methods for the AvaTrade Platform?
How Does AvaTrade Make Money for Traders?
Is AvaTrade Legitimate?
Risk Disclaimer:-
CFDs are complex, risky instruments. 71% of retail investor accounts lose money when trading CFD with this provider. You should consider whether you understand how CFD works and whether you can afford to risk losing your money.