AvaTrade Broker Review
- Education, customer support, regulated, zero fee and good platform
|Trading Platform||ACT and MT4, Mirror trader, Zulutrade, Currensee|
|Minimum 1st Deposit||$100|
|Minimum Trade Amount||$1|
|Payout||95% on option|
|Spread||Stocks Spread: 0.13 Abv Market Oil Spread: 0.02|
|Free Demo Account||Open Demo|
|Regulation||Bank of Ireland, ASIC, JFSA, FSCA|
|Number of Assets||100+|
|Types of Assets||Fx, cryptocurrency, Indices, Bonds, Stocks, ETFs & Commodities and option.|
|US Traders Allowed|
- Pros & Cons · Strict regulation · Negative balance protection · Multiple awards · Fast trade execution speeds · Fixed spreads · No commission
- Minimum deposit and trade not zero: No variable spreads
AvaTrade Review: is AvaTrade legit or scam? Find out today’s AvaTrade review.
|Broker||Bonus||Min Deposit||Leverage||Review||Open Account|
|750$ depends||$5||N/A||Review||Visit Broker|
|200||$10||30:1 Retail Traders, 1000:1 Professional Traders||Review||Visit Broker|
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.
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.