AvaTrade Overview
Website: www.avatrade.com
Telephone: +1-212-941-9609
Regulation: FSA, BVIFSC, ASIC, CBI
Pairs offered: 60+ including GBP/USD, EUR/USD, GBP/JPY, NZD/USD
Minimum Deposit: $100
Spreads From: 1 PIPs
Max Leverage: 400:1
Markets: Forex, Indices, Virtual Currencies, Commodities, Treasuries & Bonds, CFDs, Shares
Deposit Options

AvaTrade Broker Review

97
AvaTrade is a leader in the online Forex industry with a unique selection of trading platforms and financial instruments. All of the features at AvaTrade combine to create a revolutionary trading experience that gives you all the tools you need to succeed.

Overview/Background

Since its founding in 2006, AvaTrade has revolutionized online trading by creating a user-friendly and dependable trading environment using the best software platforms in the industry. These trading platforms are at the core of the AvaTrade experience as traders have access to their choice of leading software platforms – all of which are backed by respected financial institutions. There are more than 200,000 registered traders and over 2 million trades are placed each month.

 

Traders can take advantage of their own investments with the many educational resources and tools that are available at AvaTrade. AvaTrade has a variety of services combined with the innovative and reliable platforms for mobile and online trading. You can follow the latest financial news, read up on market analysis and keep track of changes so you are ready to act at a moment’s notice. AvaTrade is part of the Ava Group which is licensed in several countries including Ireland, Australia and Japan.

 

Account Types

AvaTrade offers two different types of accounts – a Demo account and Real account. The Demo account allows you to place trades just as you normally would but you are using virtual money. That means there is no risk of losing any of your own money. You can learn how to use the trading platform at absolutely no risk. When you are ready to trade with real money, you can open a Real trading account. There are four different types of Real accounts – Silver, Gold, Platinum and Ava Select.

 

Trading Platform/Software

One of the unique features of AvaTrade is that there are multiple different trading platforms to choose from including AvaTrader. This platform allows you to trade Forex with a single click and is complete with live news and analysis feeds along with advanced charting features. This software is compatible with multiple devices and must be downloaded for use.

 

AvaTrade also has the popular MetaTrader 4. This platform is one of the world’s most popular online trading platforms and is packed with a wide range of helpful features. These feature include rapid execution, low and transparent pricing, multi-language support and more.

 

On top of these platforms, AvaTrade has a platform dedicated to Mac users. With the Mac platform, you will be able to trade Forex as well as other markets with ease. This platform can perform behind most firewalls and the platform is always monitored to ensure that execution times are as fast as possible. The Web trading platform at AvaTrade is 100% browser based so you do not need to download any software to access your trades. It is important to note that this Forex broker has a wider selection of trading platforms than those offered at most other brokers.

 

Deposit Options

AvaTrade accepts major credit cards as well as the Ava Debit MasterCard for payments. Every banking transaction that occurs is guaranteed to be secure and is protected with a variety of advanced security features. The deposit process is very simple and you can fund your account within a matter of minutes.

 

Markets

There are a number of financial instruments that can be traded at AvaTrade including stocks, commodities, indices, currencies, CFD, Bitcoin, ETF trading, Litecoin and Treasuries & Bonds. There are over 60 currency pairs that can be traded including GBP/USD, AUD/CAD, EUR/USD, GBP/JPY, NZD/USD, CAD/JPY, USD/CHF, EUR/JPY, EUR/GBP and others. Available commodities at AvaTrade include heating oil, crude oil, natural gas, Brent oil, gasoline, copper, palladium, platinum, silver, gold, corn, wheat, soybeans, coffee, sugar and cotton.

 

The stocks that are available include Microsoft, Yahoo, Caterpillar, Boeing, Bank of America, Citigroup, Exxon Mobil, GM, Walmart, Verizon, Twitter and others. The list of indices at AvaTrade includes S&P500, DJ 30, NASDAQ 100, Dollar Index, Russell2000, DAX 30, CAC 40, IBEX 35, SMI, OMX 30 and others.

 

Bonuses

You can find the latest promotions and bonuses Rewards & Benefits. These promotions include a new trader promotion and refer a friend bonus. If you are eligible for the new trader bonus, you will receive bonus cash when you place a minimum first deposit of $200. For inviting your friends to AvaTrade, you can receive between $75 and $400 worth of bonus cash when your friend places a deposit into their trading account.

 

Customer Support

Customer support at AvaTrade is always available. There are multiple support options to choose from including live chat, email and telephone. You will find several telephone numbers available for various regions including New Zealand & Australia, South America, Europe, Asia, Middle East, Africa and North America. The representatives at AvaTrade are highly trained and will only assist customers in a polite and professional manner. A frequently asked questions page is also available for traders that just have some basic questions about this broker. You can also easily access information about legal, company, trading platform and educational resources on the site.

 

Safety

AvaTrade is licensed and regulated in multiple countries and by the European Union. The information collected by AvaTrade is only used to conduct official business and will not be sold to third parties. Your information is only shared for the purposes of executing trades and conducting business. The website is protected with SSL encryption and there are also banking security features and firewalls to safeguard your information.

 

Ease of Use

AvaTrade was designed with user-friendliness in mind and to accommodate a wider range of traders this broker offers multiple trading platforms. All information provided on the website is written in a clear and easy to understand manner. With multiple platforms, you can trade how you want, when you want and where you want with the mobile platform, downloadable platform and browser-based platform. Whether you want to use AvaTrade’s own AvaTrader, the popular MT4 or any other type of platform, the choice is yours.

 

Final Thoughts

AvaTrade is a leader in the online Forex industry with a unique selection of trading platforms and financial instruments like CFDs, currencies, stocks and more. With a wide array of powerful software platforms to choose from, you can completely customize your trading experience. You will also find a variety of other helpful resources at AvaTrade including webinars, video tutorials, economic indicators, market analysis, live market news and more. All of the features at AvaTrade combine to create a revolutionary trading experience that gives you all the tools you need to succeed.

Pros
  • 400:1 leverage
  • Tight spreads
  • Multiple trading platforms (AvaTrader, MT4, mobile and others)
  • Powerful tools and resources available
Cons
  • Deposit and Withdrawal information limited on the website
  • Fewer currency pairs compared to other brokers
  • Limited bonuses and promotions
AvaTrade Overview
Website: www.avatrade.com
Telephone: +1-212-941-9609
Regulation: FSA, BVIFSC, ASIC, CBI
Pairs offered: 60+ including GBP/USD, EUR/USD, GBP/JPY, NZD/USD
Minimum Deposit: $100
Spreads From: 1 PIPs
Max Leverage: 400:1
Markets: Forex, Indices, Virtual Currencies, Commodities, Treasuries & Bonds, CFDs, Shares
Deposit Options
Pros
  • 400:1 leverage
  • Tight spreads
  • Multiple trading platforms (AvaTrader, MT4, mobile and others)
  • Powerful tools and resources available
Cons
  • Deposit and Withdrawal information limited on the website
  • Fewer currency pairs compared to other brokers
  • Limited bonuses and promotions