AvaTrade is an online trading and investing platform that gives you access to foreign currencies, CFDs (contracts for difference), and cryptocurrency trading through its mobile, web, and desktop trading platforms.
|#||Broker's Features||AVATRADE Availability|
|#||Accepts US traders||❌|
|#||24 hour trading||❌|
|#||Trading by phone||❌|
|#||1st deposit bonus||❌|
|#||Forex contests competitions||❌|
|#||Interest charges on the balance||❌|
|#||24 hour support||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review AvaTrade.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. AvaTrade offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Bonds, Cryptocurrency, Futures, ETFs.
Tradable Products: Accounts at AvaTrade allow you to trade more than 250 assets including: FX, CFDs, FX Options, and Spread Betting assets.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. AvaTrade is Dealing Desk, Market Maker.
As a market maker, AvaTrade may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades. AvaTrade also offers a number of useful risk management features, such as Negative Balance Protection, price alerts and much more.
Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. AvaTrade recommended minimum capital is $100.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. AvaTrade is regulated by ASIC, BVI, CBI, FSCA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Investor Protection & Regulations: AvaTrade is licensed and regulated around the world. AvaTrade offers two different platforms that give you unique trading opportunities and account options, but both protect you from losing more than you deposit.
Account currencies: Next lets consider the Account currencies each broker offers. AvaTrade offers USD, EUR, GBP, CHF, AUD different account currencies for each account types.
Account Openning: Opening a new account online at AvaTrade is quick and easy. You can open an account with one of two legal entities, which does impact your account and the assets you can trade.
AvaTrade offers a demo account for practicing trading skills and get familiar with the broker’s trading platform.
Languages Available: Next lets have a look at each broker's different Language options. AvaTrade offers English, Italian, German, French, Greek, Hebrew, Spanish, Arabic, Malay, Russian, Chinese, Portuguese, Dutch.
Payment methods: Next lets have a look at each broker's payment options. AvaTrade offers Credit/Debit Cards, Bank Transfer, PayPal, Skrill, Payoneer, Neteller different payment methods for each account types.
At AvaTrade Withdrawals can be made through credit and debit cards, bank wires and e-wallets. The broker charges no fees for transactions.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, AvaTrade makes ActTrader, MT4, MT5, Proprietary, Zulutrade available to clients.
Web & Desktop Trading Platforms: AvaTrade offers seven unique trading platforms for the web, desktop, and mobile devices. MetaTrader 4 is the flagship desktop trading system.
Mobile Trading Platforms:
New traders and those looking to boost their skills and knowledge have access to a range of resources from AvaTrade.
Customer support is available by email, phone, or live chat. Support is available in multiple languages and local numbers are available in many areas.
AvaTrade is a high-tech broker that gives you access to a wide range of tradable markets with a CFD account. It is licensed and regulated in many jurisdictions around the world with trading systems suitable for beginner and advanced traders alike.
While the assets you can trade are limited, with CFDs you can quickly build up a highly leveraged account to earn your big profits.
With a wide selection of trading tools, AvaTrade fits both beginners and experienced traders