AvaTrade

About AvaTrade

AvaTrade is an internationally regulated broker with 7 regulations over 6 continents. It was established in 2006 and offers a wide range of assets, leading platforms, and great trading conditions. Since 2006, Avatrade has developed at an impressive rate with more than 300,000 clients around the world executing more than two million trades a month. The company’s trading volume is now more than $70 billion per month.

Avatrade offers a large variety of CFD instruments including forex, stocks, commodities, cryptocurrencies, and indices. They offer competitive spreads and leverage up to 400:1. Their cryptocurrency offering includes Ripple, Ethereum, Bitcoin and Bitcoin cash.

Commissions and Fees on CFDs

AvaTrade does not charge any commission for forex trading but is compensated through the bid-ask spread. The broker charges fees of $50 for inactivity for 3 consecutive months. Most of the CFDs are traded on market spreads which are affected by market liquidity. The more liquidity, the narrower the spread.

Trading Accounts

AvaTrade offers professional trading accounts and Islamic trading accounts. It offers two basic account types: a standard account, which can be opened with $100, and a demo account.

The broker offers a wide range of deposit methods including credit cards (VISA, MasterCard, debit), and wire Transfers. They also offer deposits via e-payments such as Skrill, Neteller and WebMoney.

Similarly, clients can withdraw funds via the same payment methods. Withdrawals for credit cards, debit cards and e-money are processed within 24-48 hours. For wire transfers, it can take up to business days for the funds to show in the client’s account.

Trading Platforms

AvaTrade offers different trading platforms for both manual and automated trading. It has a range of trading platforms to suit different trading profiles including WebTrader, AvaTradeGo for mobile trading, MetaTrader 4 and MetaTrader 5, AvaOptions, ZuluTrade and DupliTrade which traders can access via WebTrader.

MetaTrader 4, the most popular trading platform, is suitable for beginners and advanced traders. It offers automated trading via the use of Expert Advisors and different order types. MetaTrader 5 offers state-of-the-art trading capabilities, and more technical analysis tools, order types, timeframes and graphical objects. It also offers automated trading, with MQL5 coding language. Its WebTrader is user-friendly and is popular with many AvaTrade traders. Trade on-the-go using the AvaTradeGO app. It has a simple and friendly interface with advanced trading features and charts, which work well on the smartphone screen.

AvaTrade's wide range of auto-trading software (ZuluTrade and DupliTrade) enable traders to copy the trades of more experienced forex traders. AvaOptions, for desktop and mobile, is tailored for professional traders.

Education and Research

AvaTrade provides a good range of training materials including articles, eBooks, and trading videos. The educational content covers all aspects of trading for beginners and intermediate traders. Educating their clients is an important part of enriching their trading experience and enabling them to trade with confidence.

AvaTrade offers different partnership opportunities, including White label solutions for Introducing Brokers, Online Affiliates, Call Centers, Trading Academies and Service Providers.

Their affiliate network consists of over 70,000 partners in more than 150 countries around the world. There are many reasons why their affiliate program is successful but a few of these include regular payments, $250 million commission payouts, and dedicated account managers.

AvaTrade clients enjoy a high level of customer service 24/5 via live chat, email, and phone in more than 14 languages.