Skip to Content

AvaTrade - Broker Review and Trader Feedback

regulation
Regulated by
FSA
region
Accepts traders from
United Kingdom
rating
4.4
/ 5
Rating: 5
Reviews: 0
bonus
Bonus on first
deposit
Register within 10:00 minutes and receive a gift
AvaTrade is a leading international online trading brokerage who has been providing innovative trading solutions since their establishment in 2006. The brokerage was founded by financial professionals and web-commerce experts with a vision to empower people all over the world to confidently trade and invest in a safe, secure and innovative environment. Full review
Trading conditions
Tradable assets:
Option profitability:
Minimum deposit:
Minimum trade amount:
95
up to -%
$100
$1
Demo account:
Online registration:
Call support:
Chat with support:
yes
yes
+ (44) 1733592168
yes
Tradable assets:
95
Option profitability:
up to -%
Minimum deposit:
$100
Minimum trade amount:
$1
Demo account:
yes
Online registration:
yes
Call support:
+ (44) 1733592168
Chat with support:
yes
Deposits and Withdrawals
a_webmoneyb_visac_mastercardd_bankf_skrillg_neteller
Review of AvaTrade
Broker rating: 3.9 / 5

1. General Information

Since AvaTrade’s establishment, the brokerage has grown tremendously and now serves over 200,000 customers globally, executes more than 2 million trades a month, and has a monthly trading volume of over $60 billion. AvaTrade operates on an international basis with their headquarters located in Ireland at; Five Lamps Place, Amiens Street, Dublin 1 Ireland. As well, AvaTrade has head offices in Italy, France, Japan, Spain, Australia, Mongolia, China, Nigeria, Chile, and South Africa. With all these offices around the world, AvaTrade can competently offer the support and services traders need all around the world.

Since 2009, AvaTrade has won 9 major industry awards and continues to stay ahead of the competition with their innovative trading solutions and best in class customer service. The brokerage is very well established and has an excellent reputation in the industry. As well, AvaTrade is licenced and regulated by numerous regulatory authorities all over the world. See who they’re regulated by below.

• AVA Trade EU Ltd is regulated by the Central Bank of Ireland
• AVA Trade Ltd is regulated by the B.V.I Financial Services Commission
• Ava Capital Markets Australia Pty Ltd is regulated by the ASIC
• Ava Capital Markets Pty is regulated by the South African Financial Services Board (FSP)
• Ava Trade Japan K.K. is regulated in Japan by the FSA and the FFAJ

2. Advantages and Disadvantages

Highly regulated: AvaTrade is highly regulated by 5 different global regulators who ensure their trading services are professional, reliable, and transparent.

Exceptional Support: The customer service by AvaTrade is best in class and they have won numerous awards in regard to customer care and service. Support is available 24/7 and is available in multiple languages with 37 telephone numbers from different countries and an international customer support line. Also, traders can reach support via email, live chat, and on their various social media channels.

Multiple Trading Platforms: AvaTrade provides traders with a wide array of sophisticated trading platforms. No matter what your experience level is, AvaTrade has a trading platform for you.

Comprehensive Education: AvaTrade provides their traders with an extensive education section with material for all levels of traders.

FAQ Section: The FAQ section lacks depth and requires a lot of digging to find the information you are looking for.

3. Trading Conditions

AvaTrade employs favorable trading conditions for their traders which has helped them climb to the top among online trading brokerages. AvaTrade does not charge any commissions, but rather generates their fees from the spread. Traders have the choice between two different pricing models, fixed spreads or floating spreads. The fixed spreads are not the lowest in the industry at 1.9 pips for the EUR/USD major currency pair. However, for more active traders with more experience, they can choose to trade with floating spreads which are typically 0.7 pips for the EUR/USD currency pair. AvaTrade rewards those who are serious traders with deposits over 100,000 USD, EUR, GBP or equivalent, as well as traders with $100 million in quarterly trading volume. Traders in this tier benefit from reduced spreads. Another thing to keep in mind is that the spreads may vary between trading platforms and AvaTrade provides their traders with a large selection of trading platforms to trade on.

4. Trading Platform

When it comes to trading platforms, AvaTrade does not disappoint. The brokerage features a platform for nearly every type of trader, whether they’re experienced or just starting out, AvaTrade has a platform to suit their needs. Each platform presents traders with a unique and powerful trading experience whether it’s manual or automatic trading. While traders can choose between a wide variety of trading platforms, many of them are built upon or integrated into the MetaTrader trading software. This trading software is the most common and popular in the world and allows access to over 250 trading instruments, multiple advanced analysis tools, numerous technical indicators, and sophisticated charting packages. The user interface on all of MetaTrader’s platforms are highly intuitive, very responsive, beautifully designed and user-friendly. The platforms by AvaTrade are best in class and have won numerous awards. See the trading platforms offered by AvaTrade below.

Manual Trading Platforms: MetaTrader 4 (MT4); MetaTrader 5 (MT5); MetaTrader 4 Web Trading; AvaOptions; AvaTradeGo.

Automated Trading: DupliTrade; MQL5; ZuluTrade; RoboX; Mirror Trader.

5. Mobile Trading

AvaTrade features a sophisticated mobile trading platform called “AvaTradeGo”. This mobile trading platform is available for download on both iOS and Android mobile devices from the Apple App Store and Google Play Store. The mobile trading application is intuitively designed and polished to provide a seamless mobile trading experience. Traders have access to a sophisticated dashboard complete with an array of management tools, advanced charts, live feeds of market trends, and a social aspect for understanding market sentiment. The mobile trading platform does not feature the same level of sophistication as the desktop and web-based trading platforms by AvaTrade, but rather focuses on a simple yet flawless mobile trading experience. After all, this is exactly what traders want from a mobile trading platform as they will be conducting serious trades and decisions using the desktop platforms. Therefore, the AvaTradeGo app provides access to the trader’s portfolio, simple analysis techniques, insights to market sentiment, and a social trading aspect.

6. Demo Account

For traders who are on the fence about whether they should trade with AvaTrade have access to a live demo account which is the same as a real account. Traders can experience an authentic trading experience by trading with virtual money on the demo account. All of the same tools, features, and trading instruments are available in the demo account. Therefore, traders can experience the AvaTrade trading platforms first hand before committing to a real account.

7. Account Types

AvaTrade offers their traders only two types of trading accounts, a standard trading account and a swap-free Islamic trading account for Muslim traders. All accounts are free to open but require a minimum deposit of $100. Upon opening an account, traders have access to all the platforms, tools and features AvaTrade has to offer. Each trader is treated equally and is given the same opportunities.

8. Opening an Account

Opening an account with AvaTrade is very simple and easy. There are only three basic steps to opening your account, see them below.

1. Complete the application form from the AvaTrade website.
2. Verify your personal information.
3. Fund your account with a minimum $100 deposit.

While the steps above are simple, AvaTrade requires certain documents to verify your account. All traders must submit a colored copy of government issued ID (passport, drivers licence, ID card). As well, to further prove your identity, traders must submit proof of address information. For instance, traders can submit a utility bill from within the last 6 months. The utility bill must have your name and address matching the information you provided in the application form. If you do not have a utility bill, a bank statement with your name and address will work as well. The entire verification process takes no longer than a few days and once verified traders can start trading.

9. Funds Withdrawal

AvaTrade provides a simple process for withdrawals. In order to withdraw funds from your account, you must navigate to the withdrawal section on your account and apply for a withdrawal by filling out the withdrawal form online. Upon filling out this application, your available withdrawal methods will be shown to you. Due to anti-money laundering regulations, traders must withdraw their funds to the same source in which they deposited from. They must do this for up to 200% of their deposit. For example, if a trader deposits $1000 by credit card, they must withdraw their first $2000 to that same credit card before other withdrawal methods become available. All withdrawals are generally processed within 1 – 2 business days, however 10 business days are allotted to withdrawals. The available withdrawal methods traders have access to include; Credit Card, Bank Wire Transfer, Skrill, WebMoney and Neteller.

10. Trader Training

AvaTrade is dedicated to educating their clients in order for them to trade with confidence and therefore feature an extensive education center on their website. In this education center, traders will find countless articles, tutorials, guides, trading videos, webinars, eBooks, and more. AvaTrade has educational material for both beginner and advanced traders, so no matter what your experience level is, the AvaTrade education center can help you improve.

11. Should I Trade with AvaTrade?

AvaTrade is a highly reputable online trading brokerage who offers exceptional trading services. They cater to a wide range of traders and offer various financial instruments to trade across numerous global markets. The brokerage is clearly a leader in the space as they have won numerous awards and are highly regulated as well as multinational. If you’re a trader looking to trade with a professional and competent trading brokerage, AvaTrade could be the one for you.

Reviews on AvaTrade

Comments about AvaTrade
( 0 )
User rating: 4.4 / 5

Leave a comment