Review Details

avatrade.com Review

Updated: Aug 29, 2020

Modern Day Trading Forex Broker In 2020 - AvaTrade Overview

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AvaTrade Review, 2020 [Modified]: AvaTrade is one of the most experienced and respected international broker companies. The company was founded in 2006. In all its endeavors AvaTrade maintains state of the art technologies and cutting-edge software, whilst constantly expanding the spectrum of financial instruments and services it offers. During its years of operation, AvaTrade has seen over 1,250,000 accounts being opened by clients from over 190 countries.

AvaTrade Review - Background

AvaTrade stands at the forefront of regulated brokers, subject to strict regulation around the world. Its global spread has reached hundreds of thousands of clients in over 150 countries, and more than 250 employees in local offices worldwide.

AvaTrade’s clients enjoy an array of top-notch services, a variety of instruments and flexible trading terms and conditions, in an advanced and safe trading environment.

Regulated by

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 Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684)

Ava Capital Markets Pty is regulated by the South African Financial Services Board (FSP No.445984)

Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574)  

Website Languages

Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish and Swedish

Account Options

  •   Account currencies: AUD, JPY, GBP, USD, EUR
  •   Minimum deposit: $100 | €100 | £100
  •   Maximum leverage: 400:1
  •   Minimum trade size: 1,000 units on Forex pairs
  •   Fixed spreads: As low as 1.9 pips
  •   Floating spreads: As low as 0.7 pips
  •   Spread betting: UK & Ireland
  •   Scalping – Millisecond trading
  •   Hedging – Open Buy & Sell positions simultaneously
  •   Free demo account
  •   Vanilla options (AvaOptions): Forex pairs, Gold & Silver
  •   Islamic accounts 

Trading Platforms

Among the few brokers that offer more than just MetaTrader, AvaTrade offers it’s clients access to the financial markets through the popular MT4, AvaTradeAct, AvaOptions, Mirror Trader, RoboX, ZuluTrade.

The mega-popular MT4 is housed in the Equinix LD4 in London UK, and if you are into automated trading, then an MQL VPS, would be the best VPS since they are in the same house. A ping of less than 2ms, through the VPS, is normal.

For clients that prefer an advanced order and trade management, ZuluTrade is the perfect choice as all of those functions are built in. You don’t need an EA for that. ZuluTrade offers for traders to build their automated strategies and trade copy is available through ZuluTrade mirror.

  • Mobile trading: AvaTradeGO, MetaTrader 4, AvaTradeAct
  • Features: Stop order, Limit order, Market order, Trailing stop order, OCO orders, One One-click trading, 24/7 trading, Charting package, Autochartist, Tradeoff charts, Streaming news feed, Email alerts, Mobile alerts, 

Education: Sharp Trader, Videos, Articles, Webinars, eBook, Glossary

Deposit and Withdrawal Options

Avatrade works with the most popular, convenient and highly reliable payment systems:

Credit card, Wire transfer, PayPal, Skrill, Neteller, Webmoney, DinPay,

Bank: Barclays, Natwest UK, ANZ Australia, Barclays SA, Danske, OCBC Singapore, GT Bank Nigeria, UniCredit Italy *Deposit methods vary between countries (per regulation)*

Markets

You can trade more than 200 instruments:  Forex 56+, Commodities 16, Indices 19, Stocks 99, Bonds 5, ETFs 21

Forex: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/HUF, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/DKK, EUR/HUF, EUR/NOK, EUR/NZD, EUR/PLN, EUR/RUB, EUR/SEK, EUR/TRY, EUR/ZAR, GBP/AUD, GBP/CAD, GBP/CHF, GBP/HUF, GBP/NZD, GBP/SEK, GBP/SGD, NZD/CAD, NZD/CHF,NZD/JPY, USD/CNY, USD/DKK, USD/HUF, USD/MXN, USD/NOK, USD/PLN, USD/RUB, USD/SEK, USD/SGD, USD/TRY, USD/ZAR, USD/ILS, EUR/ILS, GBP/ILS, NOK/JPY, ZAR/JPY, PLN/JPY, SEK/JPY, TRY/JPY

Indices

North America: S&P500, NASDAQ 100, DJ 30, RUSSELL2000, DOLLAR INDEX      

Europe: CAC 40, DAX 30, FTSE 100, FTSEMIB, DJ EURO STOXX50, SMI, IBEX 35, OMX30, AEX

Asia & Australasia: MSCI, NIKKEI225, HSI, SPI 200, CHINA A50 

Stocks 

United States: GROUPON, APPLE, CISCO SYSTEMS, GOOGLE, AMAZON, INTEL, FACEBOOK, MICROSOFT, CHECK POINT, YAHOO, TESLA, AMDOCS, TEVA, PERRIGO, MANCHESTER UNITED, AMERICAN EXPRESS, AT&T, BERKSHIRE HATHAWAY.B, BANK OF AMERICA, BOEING, CATERPILLAR, CHEVRON, CITIGROUP, COCA COLA, WALT DISNEY, EXXON MOBIL, GENERAL ELECTRIC, GM, GOLDMAN SACHS GROUP, JOHNSON & JOHNSON, JP MORGAN CHASE, MCDONALDS, MORGAN STANLEY, FIZER, ROCTER & GAMBLE, POTASH, VERIZON, WAL MART, TWITTER, ALIBABA, LOCKHEED MARTIN, UNITED TECHNOLOGIES, VISA, MASTERCARD

United Kingdom: HSBC, ROYAL DUTCH SHELL-A, BP, VODAFONE, BARCLAYS, RIO TINTO.UK, GLAXOSMITHKLINE.UK, BHP, BILLITON.UK, BRITISH AMERICAN TOBACCO.UK, ANGLO AMERICAN.UK, TESCO.UK 

Spain: BANCO SANTANDER, TELEFONICA, BBVA, IBERDROLA, REPSOL, INDITEX.ES, BANCO POPULAR.ES, ACCIONA.ES, ENDESA.ES, GAS NATURAL.ES, BANCO SABADELL, BANKIA.ES 

Germany: E.ON, SIEMENS, BAYER, ALLIANZ, DEUTSCHE BANK, BASF.DE, SAP.DE, DEUTSCHE TELEKOM.DE, RWE.DE, BMW.DE, DAIMLER.DE 

France: ORANGE.FR, ENGIE.FR, SANOFI-AVENTIS, TOTAL, PEUGEOT.FR, VALLOUREC.FR, CARREFOUR.FR, DANONE.FR, ACCOR.FR, BNP PARIBAS.FR, SOCIETE GENERALE.FR 

Italy: ENI, INTESA SANPAOLO, UNICREDITO, GENERALI ASSICURAZIONI, TELECOM ITALIA, ENEL.IT, TENARIS.IT SAIPEM.IT, UNIONE DI BANCHE.IT, FIAT CHRYSLER.IT 

Commodities 

Energy: CRUDE OIL, NATURAL GAS, HEATING OIL, GASOLINE, BRENT OIL 

Metals: GOLD, SILVER, PLATINUM, PALLADIUM, COPPER 

Agricultural: CORN, WHEAT, COFFEE C, SUGAR NO. 11, COTTON NO. 2, COCOA 

Bonds 

United States: 5 YEAR US T-NOTES, 10 YEAR US T-NOTES, 30 YEAR US T-BOND 

Rest of World: EURO-BUND, JAPAN GOVT BOND 

ETFs 

North America: FINANCIAL SELECT SECTOR SPDR, S&P 500 VIX SHORT-TERM FUTURES ETN, ENERGY SELECT SECTOR SPDR MATERIALS SELECT SECTOR SPDR, DOW JONES U.S. REAL ESTATE INDEX FUND, MSCI CANADA INDEX FUND,  DOW JONES U.S. HOME CONSTRUCTION INDEX FUND 

Broad: MSCI EMERGING MARKETS INDEX FUND, MARKET VECTORS TR GOLD MINERS 

Asia & Australasia: MSCI EAFE INDEX FUND, MSCI SOUTH KOREA INDEX FUND, FTSE CHINA 25 INDEX FUND, MSCI TAIWAN INDEX FUND, MSCI HONG KONG INDEX FUND, INDIA EARNINGS FUND, MSCI AUSTRALIA INDEX FUND, MSCI SINGAPORE INDEX FUND, MSCI MALAYSIA INDEX FUND 

Central & South America: MSCI BRAZIL INDEX FUND, MSCI MEXICO INDEX FUND 

Europe: MSCI GERMANY INDEX FUND

 

Fees and Commissions

  • CFD overnight interest
  • No margin interest
  • No commissions (unless stated otherwise) 

Promotions

AvaTrade has an ongoing welcome bonus, as well as various changing bonuses for different occasions. It is recommended to follow AvaTrade’s promotions page.

Partnership Programmes

  • Introducing Broker
  • Professional Trader
  • Affiliate
  • Trading Academy
  • Business Partner
  • White Label

Customer service

  • Support languages: Arabic, Chinese, Dutch, English, French, German, Hindu, Hungarian, Italian, Japanese, Korean, Portuguese, Russian and Spanish
  • Contact: Phone, Email, Chat
  • Customer service hours: 24/5
  • Personal account manager

Safety of Funds

Funds safety is one thing and data safety is another. Avatrade uses industry-standard pro¬ducts and practices throughout their facilities with strict policies and procedures and only a minimal set of employees retaining access to customer data. Because they work with Equinix, physical security at their datacenters is handled by security staff pre¬sent 24 hours a day, seven days a week. 

Ease of use

AvaTrade has developed advanced execution technology and provides comprehensive tools for both new and experienced Traders, including mobile applications and our own proprietary client area.

FAQ

Modern Day Trading Forex Broker In 2020 - AvaTrade
Exclusive CFDs Forex Broker In 2020 - Modern Day Trading Forex Broker In 2020 - AvaTrade Overview
Pros
  • 1:400 leverage on Forex Trades
  • 24/7 Trading
  • 2-level partner program
  • Multi Language client support
Cons
  • Live chat is only available 24/5
  • Only two account type Real & Demo