AvaTrade
Forex Broker

AvaTrade
Forex Broker

Overview

AvaTrade is an online forex and CFD trading broker, co-founded in Dublin, Ireland in 2006 by Emanuel Kronitz and Negev Nosatzki. It is regulated by a number of recognised international bodies, most notably ASIC, FSA and FSRA, among others.

AvaTrade is an online forex and CFD trading broker, co-founded in Dublin, Ireland in 2006 by Emanuel Kronitz and Negev Nosatzki. It is regulated by a number of recognised international bodies, most notably ASIC, FSA and FSRA, among others.

The broker offers comprehensive access to a range of assets, including forex, cryptocurrencies, indices, stocks, bonds, and commodities. There are more than 50 currency pairs available in terms of trading forex, as well as majors, minors, and various other exotics.

The broker offers comprehensive access to a range of assets, including forex, cryptocurrencies, indices, stocks, bonds, and commodities. There are more than 50 currency pairs available in terms of trading forex, as well as majors, minors, and various other exotics.

Traders can trade several of the major cryptocurrencies currently available on the market, such as Bitcoin, Ripple, and Ethereum. They offer competitive spreads and high leverage when trading on indices, stocks, bonds, and several other assets and commodities.

In terms of trading platforms, AvaTrade clients can trade on MetaTrader, with copy trading on the ZuluTrade and DupliTrade platforms.

Traders can trade several of the major cryptocurrencies currently available on the market, such as Bitcoin, Ripple, and Ethereum. They offer competitive spreads and high leverage when trading on indices, stocks, bonds, and several other assets and commodities.

In terms of trading platforms, AvaTrade clients can trade on MetaTrader, with copy trading on the ZuluTrade and DupliTrade platforms.

Commissions and Fees

It is important to note that there are not any commissions available with AvaTrade, in terms of trading forex. The broker does not charge any deposit fees, but a minimum deposit is set at $100 or equivalent amount if using a different currency.

There is an inactivity fee of $50 if a trading account has been inactive for three consecutive months, and $100 for 12 months correspondingly. Spreads can go as low as 0.6 for more experienced, professional traders, but are usually around 0.9 pips.

Commissions and Fees

It is important to note that there are not any commissions available with AvaTrade, in terms of trading forex. The broker does not charge any deposit fees, but a minimum deposit is set at $100 or equivalent amount if using a different currency.

There is an inactivity fee of $50 if a trading account has been inactive for three consecutive months, and $100 for 12 months correspondingly. Spreads can go as low as 0.6 for more experienced, professional traders, but are usually around 0.9 pips.

Trading Accounts

There are two basic account types available to AvaTrade clients, a standard account and a demo account. The standard account can be opened with an initial deposit of $100, while the demo account can be used by traders to practice on strategies and markets risk-free, without using real-life funds. The broker also offers an Islamic trading account.

Trading Accounts

There are two basic account types available to AvaTrade clients, a standard account and a demo account. The standard account can be opened with an initial deposit of $100, while the demo account can be used by traders to practice on strategies and markets risk-free, without using real-life funds. The broker also offers an Islamic trading account.

Clients are able deposit funds through a number of different
payment methods, including:

Moreover, they can withdraw funds via the same available payment methods. The quickest withdrawal method is AvaTrade’s own Debit Mastercard. Withdrawals are usually processed within one business day, but it can sometimes take a little longer to receive the payment. For Credit/Debit Cards, it can be up to a maximum of five business days.

Trading Platforms

AvaTrade offers a good variety of in-house and external trading platforms to suit the differing needs of its clients. These include: WebTrader, MetaTrader 4, MetaTrader 5, AvaOptions, ZuluTrade, DupliTrade, and AvaTradeGo for mobile trading.

With MetaTrader, the industry leading platform, traders can access around 800 financial instruments, compared to around 200 on the WebTrader platform. AvaTrade’s copy trading platforms are similar to those of its nearest competitors, particularly that of eToro.

Meanwhile, AvaTrade’s more complex platform, AvaOptions, available on both desktop and mobile, is tailored for professional traders, with a required minimum deposit of $1k.

Trading Platforms

AvaTrade offers a good variety of in-house and external trading platforms to suit the differing needs of its clients. These include: WebTrader, MetaTrader 4, MetaTrader 5, AvaOptions, ZuluTrade, DupliTrade, and AvaTradeGo for mobile trading.

With MetaTrader, the industry leading platform, traders can access around 800 financial instruments, compared to around 200 on the WebTrader platform. AvaTrade’s copy trading platforms are similar to those of its nearest competitors, particularly that of eToro.

Meanwhile, AvaTrade’s more complex platform, AvaOptions, available on both desktop and mobile, is tailored for professional traders, with a required minimum deposit of $1k.

Education

AvaTrade has good options for clients when it comes to educational material. There is a dedicated YouTube channel, offering market analysis videos on a daily basis, alongside third-party content from Trading Central.

There is also an in-house team that produces regular educational content that is suitable for both beginners and advanced traders. They also offer tutorials, glossaries, and eBooks.

Education and Research

AvaTrade has good options for clients when it comes to educational material. There is a dedicated YouTube channel, offering market analysis videos on a daily basis, alongside third-party content from Trading Central.

There is also an in-house team that produces regular educational content that is suitable for both beginners and advanced traders. They also offer tutorials, glossaries, and eBooks.

Pros

The education section is considered very good, when compared to the current range of material offered by its nearest competitors.

 

AvaTrade also has automated trading software for day trading, alongside offering free trading courses.

Cons

The broker has rather limited instruments and average pricing, which in many respects is a feature of many of its competitors..

Pros

The education section is considered very good, when compared to the current range of material offered by its nearest competitors.

AvaTrade also has automated trading software for day trading, alongside offering free trading courses.

Cons

 

The broker has rather limited instruments and average pricing, which in many respects is a feature of many of its competitors..

About Avatrade

AvaTrade’s customer support options are varied, consisting of live chat, email, an FAQ page, social media, fax and telephone support across multiple languages.

AVA Trade EU Ltd is regulated by the Central Bank of Ireland

Ava Capital Markets Pty by the South African Financial Sector Conduct Authority (FSCA )

Ava Capital Markets Australia Pty Ltd by ASIC

Ava Trade Japan K.K. in Japan by the FSA (No.1662) and the FFAJ (No.157)

About Avatrade

AvaTrade’s customer support options are varied, consisting of live chat, email, an FAQ page, social media, fax and telephone support across multiple languages.

AVA Trade EU Ltd is regulated by the Central Bank of Ireland

Ava Capital Markets Pty by the South African Financial Sector Conduct Authority (FSCA )

Ava Capital Markets Australia Pty Ltd by ASIC

Ava Trade Japan K.K. in Japan by the FSA (No.1662) and the FFAJ (No.157)

AVA Trade EU Ltd is regulated by the Central Bank of Ireland

Ava Capital Markets Pty by the South African Financial Sector Conduct Authority (FSCA )

Ava Capital Markets Australia Pty Ltd by ASIC

Ava Trade Japan K.K. in Japan by the FSA (No.1662) and the FFAJ (No.157)