AVATRADE REVIEW

AvaTrade Broker is a renowned online brokerage firm, which provides state-of-the-art trading solutions to its clients worldwide. With over 15 years of experience in the financial markets.

AVATrade

RATING

5/5

5/5

FOUNDING YEAR

2006

MINIMUM DEPOSIT

$100

ABOUT AvaTrade

AvaTrade Broker is a renowned online brokerage firm, which provides state-of-the-art trading solutions to its clients worldwide. With over 15 years of experience in the financial markets, AvaTrade has earned an impeccable reputation as a reliable and trusted broker.

The broker was established in 2006 with the aim of offering a user-friendly trading platform that is accessible to traders of all levels. Currently, AvaTrade offers a broad range of trading instruments, including forex, stocks, commodities, cryptocurrencies, and more. Furthermore, it is regulated in several jurisdictions, such as the European Union, Australia, Japan, and South Africa, which ensures that clients receive the highest level of protection.

Founding Year Years 2006
Regulated Yes Yes
Rating Yes 5/5
Minimum Deposit dollars $100

AvaTrade REGULATIONS

AvaTrade is a highly regulated broker that operates in multiple jurisdictions worldwide, including the European Union, Australia, Japan, South Africa, Poland Israel and Abu Dhabi. The broker is committed to providing clients with the highest level of protection and transparency, and as such, is regulated by several leading financial authorities.

In Europe, AvaTrade is regulated by the Central Bank of Ireland, which provides clients with the assurance that their funds are held in segregated accounts and protected by the Investor Compensation Company DAC (ICCL) in the event of the broker’s insolvency. Furthermore

In Australia, AvaTrade is regulated by the Australian Securities and Investments Commission (ASIC), which is one of the world’s most reputable financial regulators. In Japan, AvaTrade is regulated by the Financial Services Agency (FSA), which is responsible for overseeing financial institutions and protecting the interests of investors. The FSA requires brokers to comply with strict regulations, including the requirement to maintain sufficient capital, and to provide clients with clear and transparent information about trading risks.

In South Africa, AvaTrade is regulated by the Financial Sector Conduct Authority (FSCA), which is responsible for regulating financial institutions and protecting consumers. In addition AvaTrade is also regulated in Israel by Securities Authority, the Polish Financial Supervision Authority, and the FSRA of Abu Dhabi.

COUNTRY AUTHORITY
Ireland Ireland Central Bank of Ireland
Australia Australia Australian Securities and Investments Commission (ASIC)
South Africa South Africa Financial Sector Conduct Authority (FSCA)
Japan Japan Financial Services Agency (FSA)
Poland Poland The Polish Financial Supervision Authority
Israel Israel The Israel Securities Authority (ISA)
Abu Dhabi Abu Dhabi Financial Services Regularity Authority (FSRA)

AvaTrade ACCOUNT TYPES

AvaTrade offers a range of account types to cater to the needs of traders with different experience levels and preferences. The retail account is the standard account type for individual traders, offering access to a variety of trading instruments, competitive spreads, and a maximum leverage of up to 30:1.

For professional traders with more experience, AvaTrade offers a professional account with higher leverage of up to 400:1 and lower trading costs.

Traders who follow Shariah law can open an Islamic account, which is swap-free and adheres to Islamic finance principles. The demo account is ideal for new traders who want to practice their skills and test out different trading strategies risk-free.

Finally, corporate account offers customized trading solutions and access to a range of instruments. With multiple account currencies, clients can select a currency that best suits their trading needs. AvaTrade’s range of account types provides traders with the flexibility to customize their trading experience to suit their needs and preferences, making it a popular choice among traders worldwide.

AvaTrade TRADING PLATFORMS

AvaTrade offers its clients a wide range of trading platforms to trade across multiple financial markets including its own proprietary trading platform. The broker understands that every trader has different preferences, which is why it provides a choice of platforms to suit various needs.

AvaTrade offers the popular MetaTrader 4 platform, which is known for its user-friendly interface and advanced trading tools. For traders who prefer web-based trading, AvaTrade provides the AvaTradeGO platform, which is accessible from any device with an internet connection.

Additionally, the broker has its proprietary platform called AvaOptions, designed specifically for options trading, offering traders with an intuitive interface, customizable options chain, and risk management tools.

For traders looking for a more automated approach to trading, AvaTrade also provides automated trading options such as ZuluTrade and DupliTrade. With the multiple trading platforms available, clients can choose a platform that best suits their trading needs and preferences, making it an excellent option for traders of all experience levels.

PLATFORM AVAILABILITY
Proprietary Platform Yes Yes
MT4/MT5 (Windows/MAC) Yes Yes
Mobile Platform (Android/IOS) Yes Yes

AvaTrade LEVERAGE

AvaTrade offers a variety of leverage options across different product categories, catering to the needs of traders with varying experience levels and preferences. The maximum leverage ratio offered for each instrument depends on the specific product and the account type. For instance, for Forex trading, major currency pairs offer leverage ratios of up to 30:1 for retail account holders and up to 400:1 for professional account holders.

For other currency pairs, leverage ratios range from 20:1 to 200:1. For commodities, leverage ratios range from 10:1 to 400:1, depending on the instrument and account type. CFD stocks offer leverage ratios of up to 5:1 for retail accounts and up to 20:1 for professional accounts.

The maximum leverage ratio for cryptocurrency trading varies from 2:1 to 20:1, depending on the specific cryptocurrency and the account type. It’s essential to note that leverage can magnify profits but also amplify losses, and traders should exercise caution when using it. AvaTrade offers a range of educational resources to help traders understand the risks involved and manage their risk effectively.

PRODUCT MAX LEVERAGE
FOREX 1:400
COMMODITIES 1:200
CRYPTO 20:1

AvaTrade PRODUCTS

AvaTrade provides a wide variety of financial instruments to its clients. Traders can access a comprehensive range of products such as forex, cryptocurrencies, CFD stocks, options trading, precious metals, energies, indices, and more.

Forex is one of the main products offered by AvaTrade, allowing traders to buy or sell major, minor, and exotic currency pairs. The trading platform provides competitive spreads and advanced trading tools, as well as the option to use the MetaTrader 4 and 5 platforms.

AvaTrade also offers clients the opportunity to trade cryptocurrencies, such as Bitcoin, Ethereum, Ripple, and Litecoin. Traders can take advantage of the platform’s advanced trading tools, such as charting and technical analysis, to capitalize on the volatility of these markets.

CFD stocks are another product available for trading on the AvaTrade platform. This allows clients to trade the shares of some of the world’s most popular companies.

In addition to these products, AvaTrade also offers options trading for professional account holders, which provides the potential for higher profits and lower risks compared to traditional trading methods. Traders can also access precious metals such as gold and silver, and energies such as crude oil and natural gas.

Lastly, indices trading is also available on the AvaTrade platform. Clients can trade indices from around the world with competitive spreads and advanced trading tools. Some of the indices available for trading include the S&P 500, NASDAQ, and FTSE 100.

PRODUCTS AVAILABILITY
Multi Assets Yes Yes
Forex Yes Yes
Crypto Yes Yes
CFD Stocks Yes Yes
CFD Indices Yes Yes

AvaTrade SPREAD AND COMMISSION

AvaTrade offers competitive spreads and charges, with the exact amount varying depending on the product and account type. For forex trading, the spreads start as low as 0.9 pips for major currency pairs, with no commission charges. Traders can also benefit from fixed spreads on some accounts.

When it comes to cryptocurrencies, AvaTrade charges a spread that varies depending on the type of crypto asset being traded. There are no commissions charged for trading cryptocurrencies, which means that the only cost to the trader is the spread.

For CFD stock trading, AvaTrade offers commission-free trading and competitive spreads on shares from major global companies. Similarly, trading options involves a commission-based structure, with the commission amount varying depending on the account type and trading volume.

AvaTrade also offers competitive spreads for precious metals, energies, and indices. Clients can access spreads that start from as low as 0.3 pips for gold, and 0.4 pips for Brent crude oil. Indices trading involves a spread-based structure, with the exact amount varying depending on the chosen index.

When it comes to charges for deposits and withdrawals, AvaTrade does not charge any fees for bank transfers or credit card deposits. However, there may be charges associated with withdrawals, depending on the chosen method and currency. These charges can vary depending on the account type and location of the trader.

PRODUCT SPREAD RANGE
Forex 0.7 - 1.2
Commodities 0.3 - 2.5
Indices 1 - 2.0

AvaTrade DEPOSIT AND WITHDRAWAL METHODS

AvaTrade provides its clients with a variety of deposit and withdrawal methods, including bank wire transfers, credit/debit cards, and online payment services such as PayPal, Skrill, and Neteller. The availability of these methods may vary depending on the location of the trader.

It’s worth noting that AvaTrade does not currently support deposits or withdrawals through cryptocurrencies. However, traders can still access a wide range of cryptocurrency products through the platform.

The processing time for deposits varies depending on the chosen payment method. Bank wire transfers may take several business days to process, while credit/debit card deposits and online payment services are generally processed instantly.

For withdrawals, AvaTrade processes requests within one business day. The time it takes for the funds to reach the trader’s account will depend on the chosen withdrawal method, with bank wire transfers typically taking the longest.

It’s important to note that there may be charges associated with withdrawals, depending on the chosen method and currency. These charges can vary depending on the account type and location of the trader.

METHOD AVAILABILITY
Credit/Debit Card Yes Yes
Wire Transfer Yes Yes
E-Wallets Yes Yes
Crypto No No

AvaTrade REVIEW SUMMARY

AvaTrade is a highly-regulated and trusted broker, offering its clients a wide range of financial products, including forex, cryptocurrencies, CFD stocks, precious metals, energies, and indices. The broker’s regulatory status and commitment to transparency instills confidence in traders and allows them to trade with peace of mind.In addition to its product range, AvaTrade provides access to several trading platforms, including the popular MetaTrader 4 platform and its proprietary AvaTradeGO app, both of which offer advanced trading tools and features.

AvaTrade also offers a range of educational resources to help traders of all experience levels improve their skills and knowledge. The broker’s educational materials include a variety of webinars, eBooks, and video tutorials, as well as daily market analysis and economic news updates.

Another advantage of trading with AvaTrade is the flexibility offered by its account types, which cater to different trading needs and styles. The broker also provides its clients with competitive spreads, commission-free trading, and a variety of payment options. Overall, AvaTrade’s range of products, regulatory status, trading platforms, educational resources, and other features make it a top choice for traders seeking a reliable and trustworthy broker.

AvaTrade PROS AND CONS

Yes Pros No Cons
Multi Asset None
Multi Regulated
Comprehensive Education
Low Minimum Deposit
Copy Trading
Huge List of Instruments
Low Spread
Proprietary Platform