AvaTrade is a great platform for new traders. The broker provides its clients with comfortable working conditions, reliability and safety. A wide selection of assets attracts traders; from currency pairs to cryptocurrencies, stocks, indices and commodity trading. Avatrade broker provides the possibility of automatic trading, the use of technical tools for analysis in work, and also the development of a personal trading algorithm using the API.
Foundation | 2006 |
Trading platforms | MetaTrader 4, MetaTrader 5, Mirror Trader, ZuluTrade, AvaTrader |
Instruments | Forex pairs, assets, cryptocurrencies, indices, metals, commodities, CFDs |
Accounts | Standard, Demo |
Account currencies | EUR, USD |
Minimum deposit | 100 USD |
Withdrawal | MasterCard, bank transfers, e-wallets |
Leverage | Up to 1:400 |
Minimum order | 0.01 lot |
Commission | From 0.8 to 3 points |
Mobile trading | Yes |
Avatrade Bonuses | Yes |
Affiliate Program | Yes |
PAMM Accounts | No |
Benefits
- Wide selection of trading platforms, mobile trading;
- Permission to use advisors, indicators, charts and other tools for automated trading;
- In addition to others, it has its own trading platform;
- High level of protection of client funds stored in segregated accounts;
- Educational platform, training programs, videos, analytical materials and webinars for traders;
- AvaTrade provides customer support 5 days a week at any time of the day.
Account Types
AvaTrade offers its clients two types of accounts: real and demo. Avatrade broker offers you the freedom to choose a trading terminal. Different terminals are adapted to different kinds of trading, so before starting work you need to familiarize yourself with the specifications of trading platforms.
Standard
The account is intended for real trading at any of the addresses offered by the broker. It is also suitable for Muslim representatives with the ability to disable swaps. The commission varies from 0 to 20 US dollars depending on the chosen platform. There is no commission for the withdrawal of funds.
Demo
With this account, a new trader can practice and get the basics of the market. The Avatrade demo account is also suitable for experts who want to try new trading strategies.
Pros and Cons
Advantages
- Wide selection of trading instruments;
- License to provide services on the territory of 5 continents;
- Large selection of trading platforms;
- Ability to work from mobile devices;
- Possibility of automatic trading using trading advisors, indicators and analysis tools;
- There are no restrictions on trade or resale;
- Since 2009 the Avatrade broker has received 9 recognitions for the quality of services provided;
- Availability of educational material for beginners and experienced traders;
- Customer support service, working 24 hours a day and providing competent assistance to our users in 14 languages.
Disadvantages
- The website interface is not user-friendly;
- Trading terminals tend to break down from time to time.
Trading platforms
One of the strengths of this broker is the quality of the trading platforms offered. These include industry-leading tools in addition to its specialized software.
MetaTrader 4 | It is a very versatile platform. Suitable for beginner traders due to its simplicity; but it also offers depth of analysis, advanced tools, and other elements that make it a platform that experienced traders value. |
Metatrader 5 | It includes several additional technical indicators, more order types, and some resources that may be useful to you. While MetaTrader 5 introduces several improvements over the previous platform, the differences between them are minimal and there is a large community of traders who feel comfortable with Avatrade MT4. Choosing one over the other depends on your style and preferences as a trader. |
AvaTrade Options | This is the broker’s proprietary trading platform, designed so that you can work with call and put options on over 40 currency pairs on a single trading account. With AvaTrade Options you have all the tools you need:Fully customizable interface;Flexible orders;Risk management tools;Full control over your portfolio;Ability to manage third-party accounts from your own. |
Social trading platforms | You also have the option of copy-trading through the DupliTrade and ZuluTrade platforms. DupliTrade is a simple and transparent platform that allows you to copy trades of experienced traders directly into your trading account. ZuluTrade is a well-known tool with a wide selection of leading signal providers. It is broad and intuitive. |
Mobile trading | In addition to AvaTrade options, this broker also offers you the AvaTradeGO mobile app. With it, you can connect to global financial markets and reduce risks with the AvaProtect tool. It is available for Android and iOS devices. You can also use the Avadrade MT5 and MT4 mobile applications (also available for both operating systems). |
Education Programs
AvaTrade platform offers a range of educational tools to ensure a safe trading experience for new traders. This training material consists of:
- Video lessons.
- Lessons for beginners.
- Training in technical analysis indicators and strategies.
- Training in economic indicators.
- Market conditions for professionals.
- Free e-book on Forex trading strategies.
Financial Assets
AvaTrade offers you the opportunity to develop trading activities with more than 1,250 financial instruments belonging to the following markets:
- Forex: more than 40 currency pairs.
- US, Japanese and European treasury bonds.
- A wide selection of ETFs.
- Over 30 stock indices (including VIX and industry indices).
- Commodities: precious metals, energy and agricultural products.
- A wide range of stocks of companies listed on various exchanges (more than 600 assets).
- Major cryptocurrencies (about 17).
Regulation and reliability
AvaTrade is regulated and supervised by the Central Bank of Ireland, registration number C53877. It is a global broker consisting of several subsidiaries. Each of these companies is based in a different region to offer services by specific regulations and thus obtain the appropriate license from the financial authorities of each country or region in which it operates. AvaTrade platform has subsidiaries all over the planet. All of them are regulated and offer guarantees of reliability.
Security of funds
In addition to the guarantees of funds offered by regulation, one of AvaTrade’s priorities is to ensure high-security standards. Since the trader deals with amounts of money via the Internet, the client’s funds must be well protected. For this reason, the Avatrade broker takes the following measures:
- 256-bit SSL encryption throughout your entire site.
- Integrated True-Site security seal.
- Compliance with the WebTrust standard established by the American Institute of Certified Public Accountants.
- Use McAfee Secure (HackerSafe) to prevent credit card fraud and identity theft.
Trading account opening
Below we provide you with step-by-step instructions for opening a trading account:
- Proceed to the registration process on the site’s main page using the registration button.
- After filling out the short form, the account opening button will become active. Click and proceed to the second part of the registration by entering your personal information.
- Enter your financial data, select a trading terminal and base account currency.
- Read and accept the registration conditions, after which you will have access to your account.
- You will find all available functions in your account menu.
FAQs
To open an account, go to the registration process on the main page of the site using the registration button. Fill out the short form and enter your personal and financial data, select a trading terminal and the base currency of the account. Read and accept the registration conditions, after which you will have access to your account.
Yes, it offers online CFD trading, which gives traders a certain level of confidence and trust. AvaTrade broker places a strong emphasis on quality and security.
Yes, AvaTrade offers a range of educational tools to provide a safe trading experience for new traders. And your can also practice in an AvaTrade demo account.