AvaTrade is a leading international forex broker, founded in 2006 and part of the AVA Group of companies. With a history spanning over a decade, AvaTrade is one of the oldest online brokerages in the industry. This review will delve into the trading platforms, mobile app, deposit methods, and MT4 integration offered by AvaTrade. We will also examine trading costs, spreads, leverage, and the range of trading instruments available.
| Accounts | Currencies | Min. deposit | Leverage | Starting Spreads | Demo Account | Rollover Free | Decimal Pricing | Commission per trade | Max. Lot Size Per Trade | Min. Lot Size Per Trade |
|---|---|---|---|---|---|---|---|---|---|---|
| Retail | EUR, GBP, USD, CHF, AUD, ZAR, JPY | $ | Yes | Yes | ||||||
| Professional | EUR, GBP, USD, CHF, AUD, ZAR, JPY | $ | Yes | Yes | ||||||
| Islamic –(RIBA) | EUR, GBP, USD, CHF, AUD, ZAR, JPY | $ | Yes | Yes | ||||||
| MAM | EUR, GBP, USD, CHF, AUD, ZAR, JPY | $ | Yes | Yes |
| Broker Type | Minimum Deposit | Forex Majors Spread | Maximum Leverage | Min. Trade Size | Scalping | Hedging | Free Demo | USA Traders |
|---|
Avatrade stands out for its extensive range of trading platforms, catering to traders of all levels. The available platforms include:
In addition to these platforms, AvaTrade offers various automated trading software options to suit individual needs, including:
Avatrade simplifies its account offerings by providing two main types of accounts:
The broker also accommodates Muslim traders with "swap-free accounts" that adhere to the Islamic Sharia Principle of interest-free trading. Additionally, professional traders can open MAM accounts to manage multiple accounts for their clients efficiently.
Avatrade excels in offering a wide array of financial trading instruments. Traders can access:
Regulation and reputation are paramount when choosing a forex broker. Avatrade has earned a strong reputation in the industry, and the company is regulated by multiple authorities worldwide. In Europe, AvaTrade is regulated by the Central Bank of Ireland under license #C53877.
The broker is licensed by the ASIC in Australia under license #406684, and in Japan, the FSA licenses it under license #1662 and the FFA under license #1574. Additional licenses include the FSCA in South Africa under license #45984, the ADGM FRSA in the Middle East under license #190018, and the Israel Securities Authority under license #514666577. This extensive regulation ensures the trustworthiness and competence of Avatrade as a brokerage.
Avatrade recently announced a major partnership with English Premier League Champions Manchester City. This collaboration highlights the growth and visibility of the Avatrade brand. The partnership further solidifies Avatrade's position as one of the world's largest and most respected online brokerages.
| Supported Languages | English, Arabic, French, German, Italian, Japanese, Russian, Simplified Chinese, Spanish, and Traditional Chinese |
| Customer Service By | Live Chat, Email, Call & WhatsApp |
| Service Hours | 24/7 |
| Email Response | cs@avatrade.com |
| One Click Trading | No |
| Stop Order | Yes |
| Limit Order | Yes |
| Trade off Charts | Yes |
| Market Order | Yes |
| 24hr Trading | Yes |
| Email Alerts | Yes |
| Trailing Stop Order | Yes |
| Charting Package | Yes |
| Mobile Alerts | Yes |
| OCO Orders | Yes |
| Streaming News Feed | Yes |
AvaTrade provides a variety of deposit options, including credit cards (VISA, MasterCard, debit), bank wire transfers, and e-wallets such as PayPal, Skrill, NETELLER, and WebMoney.
The minimum initial deposit to open an account is $100. Withdrawals can be made using the same methods used for deposits and typically take up to 5 business days to process.
Avatrade offers several noteworthy features to enhance the trading experience. These include:
Withdrawals are typically processed and sent within 1 business day. Once the withdrawal is approved and processed, it may take some additional days to receive the payment: For Credit/Debit Cards - up to 5 business days. For e-wallets - 24 hours.
It is a measure of the market's expectation of near-term volatility of the prices of S&P 500 stock index options. Currently, AvaTrade does not offer the VIX. You can, however, expand your portfolio with other indices like the Dow Jones or the DAX 30. AvaTrade's list of assets continues to grow.
Trade the NASDAQ 100 with AvaTrade
AvaTrade is committed to providing you, our traders, with the most up-to-date trading tips, tools, and professional coaching advice that will assist you when making trading decisions on the NASDAQ 100 index. Register today and get a welcome bonus of up to $10,000.
For residents outside the European Union, AvaTrade offers maximum leverage of 1:400 on Forex and indices, 1:200 on commodities, 1:20 for individual stocks and shares and ETFs, and 1:20 on cryptocurrencies. Every type of account offered by AvaTrade allows hedging, scalping, and automated trading via Expert Advisors.
Dublin, Ireland
AvaTrade was established in 2006 and is located in Dublin, Ireland. Offering trading services in over 150 countries with offices located worldwide.
AvaTrade's customer support service has a good reputation, partly because they are a well-regulated and global Forex / CFD brokerage, and partly because support is given in a wide variety of languages provided by native speakers – in over 15 different languages.
AvaTrade is considered safe since it is regulated by several authorities globally, including the top-tier Central Bank of Ireland and the Australian Securities and Investments Commission (ASIC).
Avatrade offers excellent customer support through various channels. Traders can reach out to the support team via live chat, email, FAQ page, social media, fax, and telephone.
The telephone support is available in multiple languages and countries worldwide, providing prompt and informative assistance.
AvaTrade is a reputable international forex broker offering a comprehensive range of trading platforms, competitive trading costs, and diverse financial instruments. With its strong regulatory status, global presence, excellent customer support, and innovative trading tools, AvaTrade is a reliable choice for traders.
Whether you are a beginner or an experienced trader, AvaTrade provides the tools and resources necessary to navigate the financial markets with confidence.
Our User Reviews Section is a great way to learn more about our brokers and services from people who have already used them. We encourage our customers to leave honest feedback about their experiences, so that you can make an informed decision about whether or not to purchase from us.
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Avatrade ECN execution is spot on every time.
26 Aug, 2024
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