AvaTrade
TradingDominance Score™: 89/100
Our Rating:
4.5/5

Website

Headquarters

Dublin, The Republic of Ireland

Year Established

2006

Min Deposit

$100

Max Leverage

400:1

Regulation

Australia - AU ASIC
South Africa - ZA FSCA
Abu Dhabi - (FRSA)
Central Bank of Ireland
B.V.I - British Virgin Islands
Japan - (FSA)

Website

Year Established

2006

Min Deposit

$100

Max Leverage

400:1

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AvaTrade Financial Instruments
Forex
Cryptocurrencies
Stock CFDs
Commodities
Oil and Energies
Gold
Futures
Shares
Indices
Precious Metals
Other Features
Negative Balance Protection
Social Trading
Regulatory Deposit Insurance
Islamic Accounts (Swap-free)
Accepts Japanese Clients
Scalping Allowed
Trading API
Trailing Stops
Bonuses
Variable Spread
Allows hedging
Offers STP
Copy Trading
ECN or STP Execution
VPS Trading
Offers MT4
Offers MT5
Account Type
Information
Retail Account
  • Commision: $0
  • Maximum Leverage: 1:30
  • Typical Spread: 0.9 pips.
  • Mobile Platform: MT4 Mobile, MT5 Mobile, AvaTrade GO
  • Trading Platform: WebTrader, MT4, MT5, AvaOptions
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Professional Account
  • Commision: $0
  • Maximum Leverage: 1:400
  • Typical Spread: 0.9 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile, AvaTrade GO
  • Trading Platform: WebTrader, MT4, MT5, AvaOptions
  • Spread Type: Variable Spread
  • Minimum Deposit: 10000
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Spread Betting Account
  • Commision: $0
  • Maximum Leverage: 1:400
  • Typical Spread: 0.9 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile, AvaTrade GO
  • Trading Platform: WebTrader, MT4, MT5, AvaOptions
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: No
AvaTrade Options Account
  • Commision: $0
  • Maximum Leverage: 1:400
  • Typical Spread: 0.9 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile, AvaTrade GO
  • Trading Platform: WebTrader, MT4, MT5, AvaOptions
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Regulators
Australia - AU ASIC
South Africa - ZA FSCA
Abu Dhabi - (FRSA)
Central Bank of Ireland
B.V.I - British Virgin Islands
Japan - (FSA)
Information:
Company NameAvaTrade
Year Funded2006
HeadquartersDublin, The Republic of Ireland
Office Locations Milano, Paris, Tokyo, Madrid, Sydney, Beijing, Johannesburg.
Client Funds Bank(s)
Account CurrencyAUD, CHF, EUR, GBP, USD
Support Languages Arabic, English, French, German, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Korean, Japanese, Hindi and Urdu, Chinese, Finnish, Swedish
Funding MethodsBank Wire, Neteller, Skrill, Credit Card, WebMoney, Klarna
Financial Instruments Forex, Cryptocurrencies, Stock CFDs, Commodities, Oil and Energies, Gold, Futures, Shares, Indices, Precious Metals
24 hour support
Segregated Accounts ✔️
Islamic Accounts✔️
Accepts Canadian clients
Accepts Japanese Clients ✔️
Non expiring demo✔️
Cent accounts
Negative balance protection ✔️
Social trading ✔️
Regulatory deposit insurance ✔️
Trailing stops✔️
Bonuses✔️
Interest on margin
Fixed spread
Variable spread✔️

AvaTrade Review

,
Trading Dominance Team

TradingDominance is an Introducer for this Broker.

AvaTrade is a well-known Forex & CFD brokerage firm. The firm was first established in 2006. AvaTrade is a member of the AVA Business Group. The AVA group’s headquarters is located in Australia and the Republic of Ireland. AvaTrade has an excellent track record, making it one of the top online Fx & CFDs Brokers in the industry.

AvaTrade Regulations

Six top-tier financial authorities regulate AvaTrade,

  • The Central Bank of Ireland
  • The BVI Financial Services Commission on the British Virgin Islands
  • The Australian Securities and Investments Commission (ASIC)
  • The Financial Sector Conduct Authority (FSCA) in South Africa
  • The Japanese Financial Services Agency (FSA)
  • The Financial Futures Association of Japan (FFAJ)
  • The Abu Dhabi Global Market Authorities Financial Services Regulatory Authority (ADGM – FSRA)
  • The Polish Financial Supervision Authority.

Opening AvaTrade Trading Account

AvaTrade is a global broker, as the company accepts clients from almost all over the world, with some exceptions that include the USA, Belgium, and Iran. The minimum required to open a trading account with AvaTrade is $100. Trading accounts with AvaTrade come with five major currencies: USD, EUR, GBP, CHF, and AUD. 

You can choose the trading account that best suits your needs and investment goals from among the various AvaTrade trading accounts:

  • Retail account (EU)
  • Standard account (Rest of the world) 
  • Professional Account with higher leverage.
  • Corporate account
  • Options account – to trade FX options
  • Spread betting account
  • Islamic account

AvaTrade offers the option to open an Islamic account based on Islamic Sharia law as a commitment from the company to provide all its clients with trading accounts that suit their religious beliefs. Interest-free Islamic accounts do not support trading cryptocurrency.

Opening an AvaTrade trading account is quick, easy, and digitized.

  • Primary data” Full name – country – email – phone number – address – date of birth.
  • Choose an account type and trading platform.
  • Determine the base currencies.
  • Leverage size.
  • Some questions regarding your level of trading experience.
  • Verify your identity.

Deposit & Withdraw & Fees

AvaTrade offers its clients various withdrawal and deposit options and quick money transfers. It is one of the key factors for choosing an online broker to enjoy providing multiple online payment solutions suitable for all world countries. AvaTrade applies a deposit fee of $0 to any withdrawal or deposit. You can choose your preferred payment method from:

  • bank transfer 
  • credit/debit cards
  • Neteller
  • Skrill
  • Klarna
  • Webmoney
  • POLi for Australians

The minimum deposit to open your trading account is $100

AvaTrade Spread

AvaTrade offers its clients the ability to trade on various investment instruments, including forex, commodities, indices, stock trading, bonds, ETFs, and binary options.

AvaTrade offers leverage of up to 1:30 for some “forex” foreign currency pairs. For gold, indices, non-major currency pairs, the leverage is 1:20. For trading stocks and commodities other than gold, the leverage is 1:10. For cryptocurrency trading, the leverage is 1: 2. Finally, trading CFDs instruments may reach 1: 400.

As a trader, you should always look at each broker’s fees and compare them to choose the right one for you. As for trading fees, the company does charge $0 for trading. You can open and close positions without charging any fees.

The standard spread for the EUR / USD is 0.9 pips. This rate is competitive with a minimum deposit of $100. The average fee for CFDs is competitive compared to other trading brokers, as it comes at 0.13% of the underlying trade value, which is really impressive. 

The company imposes swap fees – Overnight fees. AvaTrade is characterized by complete transparency in this matter, as you can find the prices directly through the trading platform if you want to keep your positions open for the following days. AvaTrade charges a Trading account inactivity fee of $50/quarter.

AvaTrade User Experience 

AvaTrade offers a variety of powerful trading platforms to choose from:

  • WebTrader
  • MetaTrader 4, The traditional trading platform
  • MetaTrader 5.
  • AvaOptions, AvaTrade’s trading platform for CFD options
  • AvaTrade GO, AvaTrade’s mobile trading platform

If you are already a trader, you will feel at home once you start trading with AvaTrade, as you can start trading using the traditional market platform MT4 and MT5 Trading Platforms for all types of trading accounts. 

If you have an Options Trading Account that will require trading on Ava Options Trading Platform. AvaTrade also provides its own technology under AvaOptions and AvaTrade GO’s name. AvaOptions Platform is for traders who want to trade options offered on FX currencies and gold.

The platform includes a wide range of advanced risk management metrics so that you can control all your trades effectively. AvaTrade provides Market Trends and Ava Trade’s social / copy trading Service.

The broker always works to provide clients with the best trading tools as you can use expert advisors with your AvaTrade account. EAs are simply software that allows automated trading on the MetaTrader4 platform.

AvaTrade Customer Support

AvaTrade provides its clients with customer support to answer any inquiries you may have. You can reach technical support by just a phone call, live chat, or browse their blog and the FAQs, where you can look for what you want. You can choose your native language to communicate from among the languages supported by AvaTrade. This makes it relatively easier to explain what you want.

The service is available 24/5 from Monday to Friday. The languages supported by AvaTrade are English, Arabic, Japanese, Chinese, Malay, Indonesian, Russian, French, Spanish, Italian, German, Polish, Hindi, Korean, Portuguese, Dutch, Finnish, and Swedish.

AvaTrade Final Thought

AvaTrade is well-licensed and regulated by high-level financial authorities in the EU, Japan, Australia, South Africa, UAE, and the British Virgin Islands. AvaTrade’s client base has grown to over 200,000 registered traders and increasing. AvaTrade provides hassle-free account opening with a wide range of payment methods with executing over two million trades per month. Trading Platforms that are flexible and easy to use.

AvaTrade Information

Company NameAvaTrade
Year Funded2006
HeadquartersDublin, The Republic of Ireland
Office Locations Milano, Paris, Tokyo, Madrid, Sydney, Beijing, Johannesburg.
Client Funds Bank(s)
Account CurrencyAUD, CHF, EUR, GBP, USD
Support Languages Arabic, English, French, German, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Korean, Japanese, Hindi and Urdu, Chinese, Finnish, Swedish
Funding MethodsBank Wire, Neteller, Skrill, Credit Card, WebMoney, Klarna
Financial Instruments Forex, Cryptocurrencies, Stock CFDs, Commodities, Oil and Energies, Gold, Futures, Shares, Indices, Precious Metals
24 hour support
Segregated Accounts ✔️
Islamic Accounts✔️
Accepts Canadian clients
Accepts Japanese Clients ✔️
Non expiring demo✔️
Cent accounts
Negative balance protection ✔️
Social trading ✔️
Regulatory deposit insurance ✔️
Trailing stops✔️
Bonuses✔️
Interest on margin
Fixed spread
Variable spread✔️

AvaTrade Account type Information

Account Type
Information
Retail Account
  • Commision: $0
  • Maximum Leverage: 1:30
  • Typical Spread: 0.9 pips.
  • Mobile Platform: MT4 Mobile, MT5 Mobile, AvaTrade GO
  • Trading Platform: WebTrader, MT4, MT5, AvaOptions
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Professional Account
  • Commision: $0
  • Maximum Leverage: 1:400
  • Typical Spread: 0.9 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile, AvaTrade GO
  • Trading Platform: WebTrader, MT4, MT5, AvaOptions
  • Spread Type: Variable Spread
  • Minimum Deposit: 10000
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Spread Betting Account
  • Commision: $0
  • Maximum Leverage: 1:400
  • Typical Spread: 0.9 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile, AvaTrade GO
  • Trading Platform: WebTrader, MT4, MT5, AvaOptions
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: No
AvaTrade Options Account
  • Commision: $0
  • Maximum Leverage: 1:400
  • Typical Spread: 0.9 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile, AvaTrade GO
  • Trading Platform: WebTrader, MT4, MT5, AvaOptions
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes

AvaTrade FAQs

Unfortunately no, the broker does not offer 24-hour support.
Yes, AvaTrade holds clients' funds in segregated bank accounts.
Yes AvaTrade offers Islamic trading accounts including all the islamic rules.
No, the broker does not accept clients from Canada.
Yes, the broker does accept clients from Japan.
Yes, clients can use the demo account for unlimited period at AvaTrade.
No, the broker does not offer cent accounts.
Yes, AvaTrade does offer negative balance protection. Clients can't lose more than the amount invested.
Yes , the broker does offer social trading services.
Yes, the broker offers trailing stops as well as guaranteed stops.

AvaTrade Review Countries

Comments

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