AvaTrade Broker Review
- Education, customer support, regulated, zero fee and good platform
Details
Broker |
AvaTrade |
Website URL |
https://avatrade.com |
Founded |
2006 |
Trading Platform |
ACT and MT4, Mirror trader, Zulutrade, Currensee |
Minimum 1st Deposit |
$100 |
Minimum Trade Amount |
$1 |
Bonus |
500 |
Payout |
95% on option |
Leverage |
1:400 |
Spread |
Stocks Spread: 0.13 Abv Market Oil Spread: 0.02 |
Free Demo Account |
Open Demo |
Regulated |
|
Regulation |
Bank of Ireland, ASIC, JFSA, FSCA |
Number of Assets |
100+ |
Types of Assets |
Fx, cryptocurrency, Indices, Bonds, Stocks, ETFs & Commodities and option. |
US Traders Allowed |
|
Overall Score |
7 |
Pros
- Pros & Cons · Strict regulation · Negative balance protection · Multiple awards · Fast trade execution speeds · Fixed spreads · No commission
Cons
- Minimum deposit and trade not zero: No variable spreads
AvaTrade Review: is AvaTrade legit or scam? Find out today’s AvaTrade review.
Broker |
Info |
Bonus |
Open Account |
|
Regulation:
Leverage:
Demo Account: Yes
Min Deposit: $10 |
$200 |
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|
Regulation:
Leverage: N/A
Demo Account: Yes
Min Deposit: $5 |
750$ depends |
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|
Regulation: FMRRC (certificate number RU 0395 AA Vv0119).
Leverage:
Demo Account: Yes
Min Deposit: $300 |
Bonus |
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The first thing to note about ava trade is that it is different from other brokerages. Its three tier-one regulators are located in Dublin, Ireland. This means that you will be in good hands with avatrade when you trade in these locations. In addition to these locations, avatrade allows traders to open accounts with their brokerage firm anywhere in the world. Traders have the freedom to conduct all types of trading transactions (traditional stock trading, options trading, futures trading, etc.)
Instruments And Assets
In addition to the aforementioned freedom to conduct all kinds of transactions. Another attraction of avatrade is its sheer size: it has one of the largest inventories of financial instruments. More-so, It offers a full selection of hedge tools and products including currencies, stocks, bonds, commodities, and indices. It also has two service categories: a low-impact services category for traders who need assistance with their performance and charting; and a high-impact services category for individuals who want assistance with their investment decisions. There is also an instructional and research service available with avatrade. The educational and research service categories alone account for over twenty-five million trades.
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AvaTrade Account Types
In the process of our AvaTrade review, we noticed that AvaTrade broker, offer multiple account types. Like most online brokers, avatrade has an online account opening procedure that is simple, straightforward, and very easy to understand. However, In order to open an account with avatrade, you simply follow the steps outlined on their home page. You will be provided with the information necessary to create your account. However, Once you have created your account. You will be required to provide your personal and financial information as well as provide a contact telephone number.
AvaTrade keeps things simple with their accounts by offering only two account types to most traders. A standard account and a demo account. Standard accounts can be opened with as little as $100 using credit cards or with $500 via wire transfer.
In addition to the two standard accounts, Muslim traders are accommodated by offering ‘swap free accounts’ that operate in accordance to the Islamic Sharia Principle of interest free trading.
As well, professional traders can open up MAM accounts to easily manage several accounts for their clients. Therefore, this types of accounts include the following features:
- Ability to create multiple sub trading groups.
- All MT4 order types such as stops, limits and close are available.
- Expert Advisors (EAs) compatible
- Minimum lot at 0.01 lots.
- Multiple allocation parameters.
- Order placements for unlimited client accounts.
- Trade order placements from a master account.
Avatrade mt4
However we all know that MetaTrader 4, known is the most popular trading platform. Therefore it provides flexibility and power to satisfy traders of all experience levels and trading knowledge. More-so, the platform accommodates you to trade in your ideal trading environments.
Avatrade offers Programmes that enable algorithmic hands-free trading, or automated trading, in order to achieve top scores.
Enjoy a smooth trading experience with a sophisticated dashboard. It comes with a set of intuitive management tools, clear charts, zoom for details, and many more helpful features unique to this app.
Ava TradeGo
Start Trading With Avatrade Broker
With AvaTradeGO your trading will be simpler than ever. Therefore as the app provides you with step-by-step guidance on opening trades. You get feedback on your activity and support any time you need it. Manage multiple MT4 accounts and switch between demo and real accounts. This will help you to get all the data you need on your trades while using your Ava Trade account credentials.
MetaTrader4 Web Trading
The web-based version is the world’s most popular online trading platform. However it boasts an unparalleled feature-set within an intuitive and deeply customisable user interface.
Instant trading, Pending and Stop orders
‘One-Click’ Trading
Multiple charting options
Wide range of Analytical Tools and Overlays
41 Languages
Supported across Chrome, IE and Firefox
Launch MetaTrader4 Web
AvaOptions Web Trading
With the web version of AvaOption you can enjoy all the benefits of this powerful trading tools. Therefore, this platform, includes various market orders, historical charts and the advanced risk manager.
Manage spot and options trading in one account
Options on over 40 currency pairs, gold and silver
Powerful risk management tool
Trading is available 24/5
Practice trading on a demo account
Auto trading platforms, such as Mirror Trader and Zulutrade, are the leading auto trading interfaces in the industry. The auto-trading software allows you to duplicate the trades of skilled online traders, at any time, even while away from your computer. Compare broker with list of our brokers for beginners .
Avatrade cryptocurrency
Ava Trade Cryptocurrencies Trading
Since 2013, AvaTrade has been offering the crypto trading facility. Back then traders at AvaTrade could trade in Bitcoin CFD on its proprietary trading platform and through the MetaTrader 4 platform. With the recent surge in cryptocurrency trading popularity, AvaTrade has added more cryptocurrencies to its cryptocurrency portfolio. At present, there are 8 different types of cryptocurrencies supported by Ava Trade. They include:
Bitcoin Bitcoin Cash Dash Ethereum Litecoin Monero Neo Rippl
We have a lots of reason to put avatrade as best forex brokers 2018. Unlike cryptocurrency exchanges with other brokers. Crypto trading at AvaTrade broker involves dealing with a financial derivative such as CFDs. You will not be buying and selling with the physical cryptocurrency. However, with CFDs which allows you to capitalize on the price movements of the cryptocurrency. The advantages of trading cryptocurrencies with AvaTrade’s CFDs include being more affordable and the ability to profit from both a rising and falling market. In addition with the leverage facility provided by AvaTrade, you can also leverage your trades by up to a ratio of 1:20.
Open Demo Account With Avatrade
Avatrade Education
Avatrade provide clients with all the necessary trading materials. Their Trading for Beginners section gives you all the information you need to start trading forex and CFDs with confidence. This should be your first step to find out about currency pairs, how the forex market works, market analysis and CFD instruments.
Avatrade give wide-range of educational system like:
Beginners trading guide
Video tutorial
Economic indicators
Sharp trader
E-book. etc.
Is AvaTrade Legit?
Asking if AvaTrade is legit or scam is a good choice. Even though, the broker is one of the oldest, still, it needs a proper review. This is to ensure we pick out the good from the bad. However other brokers that claim to be legit might still manipulate your trades after years of experience. Good, this is the major reason we need to review if AvaTrade is legit or scam. But on this, AvaTrade is verified as a legit trading platform. Therefore, you can trade without fear of unknown, like withdrawal issues.
Customer Cupport
In the process of our AvaTrade broker review, we noticed that they are more transparent than others. AvaTrade broker provides 24/7 customer support to investors. This helps traders to trade without fear again. However the customer support come as livechat, email and phone. But most importantly, traders can easily visit the office location doblin island. Therefore trading with AvaTrade platform is best for beginners.
Is AvaTrade Regulated?
Therefore with high regulatory compliance, trader’s investment is safe and secure with the broker.
Avatrade is legit, regulated and reliable. With its headquarters in Ireland, AVA Trade EU Ltd is regulated by the Central Bank of Ireland and has passports throughout the EU under MiFID regulation. For Australian residents, Ava Capital Markets Australia Pty Ltd is regulated by the Australian Securities and Investment Commission (ASIC). In Japan, Ava Trade Japan K.K. is licensed and regulated by the Japanese Financial Services Authority (JFSA). And again, in Financial Futures Association of Japan (FFAJ).
In addition to its entities regulated in major regulatory hubs. AvaTrade also has entities regulated in the British Virgin Islands (BVI) by the Financial Services Commission (FSC). As well as the Financial Services Board (FSB) in South Africa.
Avatrade Broker Deposit & Withdrawal.
Deposits – AvaTrade offers their clients a variety of deposit options. Traders may fund their accounts with credit cards (VISA, MasterCard, debit), Bank Wire Transfers. More-so with numerous forms of E-Wallets such as Paypal, Skrill, NETELLER and WebMoney. The minimum initial deposit for opening up an account is only $100.
Withdrawals – Traders can withdraw their funds via the same methods used for deposits. Withdrawal requests will take up to 5 business days to process. Once processed, withdrawals will be completed as soon as the methods allow them to be completed. The fastest method of withdrawal is by using the Ava Debit Mastercard, which traders can apply for once signed up for an account.
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AvaTrade Broker Review Conclusion
Finally we will conclude our AvaTrade review by telling you to start trading. While it may appear as though avatrade is a fairly lax managed by a regulated broker organization, this is not the case at all. Avatrade is legit; They are very strict when it comes to managing their funds. Which is why you should consider carefully before you trade with them. Even though they are a regulated trading firm, they still make money via leverage. If you are looking to use leverage to your advantage. Then I would strongly recommend that you open account with this brokerage firm and start trading. However, you can Check out our list of uk forex brokers
See our latest binary options brokers for beginners in 2022.
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