Want the Chance to Join Thousands of Other Traders? Read our AvaTrade Review
Let’s help those of you looking for the best online Forex trader by sharing our AvaTrade review. Finding the right Forex trading partner is not the easiest of tasks but with all the important details laid out in front of you, it’ll be a piece of cake. There a number of factors to keep in mind and we’ll be mentioning them here. Choosing a Forex broker is a personal decision that will depend on preferences in relation to trading platforms, tradeable instruments, customer service, account options, and cost. AvaTrade offers a number of benefits including:
.40% BonusRegulation: MiFID, ASiC
Overall Forex ScoreB GradeOther Rating Criterias
Why Choose AvaTrade?+250 InstrumentsSegregated accountsNew Account BonusTrade Now!
- Award winning broker
- Fixed and floating spreads
- Licensed and regulated service provider
- Branches across the globe
- Support 24/5
- Minimum deposit of $100
- Demo account
- New account AvaTrade bonus
- Range of trading platforms including AvaTrade mobile
Let’s start with a brief introduction.
Welcome to AvaTrade – A broker with a decade of experience
AvaTrade has been offering an online trading experience for retail traders since 2006. It currently has more than 20,000 clients located across the globe and executes more than 2 million trades every month. The administrative headquarters of AvaTrade are located in Dublin, Ireland but there are a number of other regional offices including those in Milan, Tokyo, Sydney, and Paris. AvaTrade is the trading name of AVA Trade EU Ltd, which is regulated by the Central Bank of Ireland. It also operates in accordance with MiFID as well as being regulated in a number of other countries including Australia and Japan. With AvaTrade there are endless opportunities to trade not just foreign currencies but commodities, stocks, and indices. It was also the first broker to offer Bitcoin trading.
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AvaTrade introduces a great welcome bonus
If you think you like the sound of AvaTrade so far then what we’ve got to share next is going to be all the more appealing. AvaTrade is currently offering a welcome bonus. Upon making your first deposit you will become entitled to as much as $10,000. The amount of the deposit does, of course, depend on your first payment, with the lowest bonus awarded to the account holder who makes an initial deposit of $200. Which will allow them to claim a $40 AvaTrade welcome bonus. Of course, there are some terms and conditions attached to the bonus, and the one we thought worthy of particular mention is the minimum trading volume requirement. Anyone claiming the AvaTrade bonus and wanting to withdraw it is required to execute a minimum trading volume of 10,000 base instruments for every $1 bonus, within 12 months of receiving the bonus. If this isn’t done the bonus will be canceled and taken out of the account. Further terms and conditions do apply and we’d advise everyone to read and understand them.
AvaTrade also has the Ava Select program offering clients making a deposit of $100,000 or more, or exceeding a trading volume of USD 100M, a number of special privileges. These include tailored educational programs, a dedicated hotline, customized benefits and trading terms, special gifts and express withdrawal approvals. Membership to the program is granted on a quarterly basis.
AvaTrade offers a range of platforms to suit all kinds of trader
Giving all sorts of people the best trading experience is one of the aims of AvaTrade. And one of the ways it does this is by making a range of different trading platforms available. Each one has its own range of benefits and is suitable for a particular type of trader. AvaTrader is a customizable platform that can be used on a number of different platforms. There is, of course, the ever popular MT4 as well as an MT4 floating spreads options. AVAOptions is the latest platform that includes risk management tools and strategy tools for an improved experience. There is even an automated trading platform so traders don’t have to be glued to their desktop or mobile devices. For traders who like to have the opportunity to trade on the move, there is an AvaTrade mobile application too.
Choose from an AvaTrade Real or Demo account
We always advise beginners to start with a demo account, as it provides the perfect opportunity to try a broker out for size. It is also a great way to find your way around a trading platform and whether Forex trading is a form of investment that suits you. Once you’ve made up your mind and are ready to open a real money account you will need a minimum deposit of $100. AvaTrade offers a competitive range of leverage at 400:1 and spreads that can be fixed variable, or floating.
AvaTrade customer support is available from Sunday to Friday
From 21.00 on Sunday to 21.00 on Friday, there is a multi-lingual support tea waiting for traders to call them with any queries, problems or for advice. There is also an online chat option and an email address.
Educational material is not as extensive as a number of other top Forex brokers but is enough to get the most inexperienced trader started. It also provides a link to a separate website called Sharp Trader that includes everything a trader might need for daily trading.
If you’re looking for a transparent Forex broker with a great reputation you won’t go far wrong with AvaTrade. After a decade in the business, you can expect them to offer all you need for an enjoyable trading experience.
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