This AvaTrade review is for the international forex broker that is a part of the AVA Group of Companies. It got its start in 2006, so it is one of the first online brokerages to be introduced to the internet. Its longevity has given it the opportunity to expand all over the world, and it has offices in the British Virgin Islands, Ireland, Australia and Japan. AvaTrade’s clients come from all over the world except those that do not allow forex trading, so it has become one of the largest online brokerages to date.
AvaTrade is a company that is highly regulated by esteemed regulatory agencies. This means that potential clients know that they can trust this particular company’s integrity and expertise. Some of the regulatory agencies that are keeping an eye on AvaTrade are the Central Bank of Ireland, the ASIC in Australia, the FSA in Japan and the FSB in South Africa.
AvaTrade has been recognized for its impeccable reputation with several awards, including the following:
- Best Forex Broker
- Best Financial Derivative Trading Provider
- Best Alert System
- Best Customer Support
AvaTrade has several platforms available to its clients. No one has been left behind because those new to trading and those who consider themselves to be experts will be able to find the appropriate platform. Some of these include the following:
- The AvaTradeAct platform
- Meta trader for webtrading
- Meta Trader for floating spreads
- Meta trader for mobile trading
- Meta trader for Mac
- Meta trader 4 platform
Along with the platforms listed above, AvaTrade also gives clients the option of using the company’s automated trading software. The company has several, and they include API Trading, MQL5 Signal Service, Zulu Trade, Mirror Trader and RoboX.
AvaTrade provides its clients with the following instruments:
Indices, Bonds, Stocks, ETFs, and Commodities
The leverage that AvaTrade clients receive for these instruments is one of the highest, and the spreads are low and highly competitive.
Clients also have the opportunity to trade nine different cryptocurrencies, and the leverage on these is 20:1. Examples of cryptocurrencies are Bitcoin Cash, Bitcoin, Ethereum and Ripple.
Forex allows AvaTrade clients to trade 50 different currency pairs. This means that all of the exotics, majors and minors are accessible to them at all hours of the day and every day of the week. Spreads are competitive at 0.8 pips, and the leverage is up to 400:1.
AvaTrade Trading Accounts
Most traders will only have two trading accounts available to them. One account is a demo account, but the other account is the standard account that allows them to trade with real money. It only takes $100 to open a standard account if you open it with your credit card, but if you plan to do a wire transfer, you can open it with $500.
Professional traders also have another option that is open just to them. These traders are welcome to open “MAM accounts” that can be used to trade several different accounts at once for the trader’s clients. These accounts are highly advantageous to professional traders for several reasons. For example, traders can place trades from their master accounts. They can also place trades for as many clients as they like and have multiple allocation parameters. They will also have a minimum lot of 0.01 lots.
Deposits and Withdrawals
AvaTrade gives it clients the ability to deposit money in a myriad of ways. The company accepts debit cards, VISA and MasterCard as well as WebMoney, NETELLER, Skrill and PayPal. They also take Bank Wire Transfers.
Withdrawals can be made in the same manner as deposits although they require five business days to be processed. The most efficient way to withdraw funds is to sign up for the Ava Debit MasterCard right after signing up for an account.
This AvaTrade review would be remiss if it didn’t include some information about special offers and bonuses that the company presents to its clients. Right now, they have an excellent bonus that offers new traders up to $14,000 if they sign up for an account. The amount that each trader will be entitled to receive will depend on the amount that he or she deposits. Also, if a trader refers another trader to AvaTrade and the new client opens an account and starts to trade, the one who referred that person will receive between $75 and $400.
AvaTrade came into being as a way to help people all over the world who want to trade the global markets. They are remarkable in the fact that they are currently teaching 200,000 people how to trade with the best online trading experience to date. AvaTrade is known as a leader in this industry. The technology that AvaTrade offers and the many experts that impart their knowledge to their clients have made it possible for them to create a simple trading platform that anyone can enjoy.
AvaTrade is invested in its clients’ education and provides them with several educational tools that make trading possible for many people. For example, everyone can participate in Trading for Beginners, Sharp Trader that educates everyone from beginner to advanced and Trading Video Tutorials. They constantly update these materials to ensure that they are giving their clients the most valuable experiences that they can.