AvaTrade Review
AvaTrade is a reliable and well-regulated Forex broker known for its competitive trading fees. They provide a user-friendly social copy trading platform, excellent customer support, and boast a trust score of 97 out of 99.
Regulated and trusted by CBI, BVI FSC, ASIC, FSCA, JFSA, and, FFAJ
2803 new traders chose this broker in the last 90 days.
Available for global Traders.
Broker | AvaTrade |
Year Founded | 2006 |
Amount of Staff | Over 400 |
Amount of Active Traders | Over 300,000 |
Publicly Traded | None |
Regulation and Security | Very High |
Regulation | CBI, BVI FSC, ASIC, FSCA, JFSA, FFAJ |
Country of Regulation | Various (Ireland, Australia, UK, South Africa) |
Account Segregation | Yes |
Negative Balance Protection | Yes |
Investor Protection Schemes | Yes |
Account Types and Features | Single Account |
Institutional Accounts | Yes |
Managed Accounts | None |
Minor Account Currencies | Yes |
Minimum Deposit | 100 USD |
Avg. Deposit Processing Time | Instant or within 1 business day |
Avg. Withdrawal Processing Time | 1-3 business days |
Fund Withdrawal Fee | None |
Spreads from | 0.9 pips |
Commissions | None |
Number of Base Currencies | 20+ |
Swap Fees | Applicable |
Leverage | Up to 400:1 |
Margin Requirements | Varies by account type and instrument |
Islamic Account | Yes |
Demo Account | Yes |
Order Execution Time | 1 second or less |
VPS Hosting | Yes (optional, may have additional cost) |
CFDs Total Offered | 250+ |
CFD Stock Indices | Yes |
CFD Commodities | Yes |
CFD Shares | Yes |
Deposits and Withdrawals | Trusted Options |
Deposit Options | Bank Transfer, Credit/Debit Card, E-Wallets |
Withdrawal Options | Bank Transfer, Credit/Debit Card, E-Wallets |
Trading Platforms and Tools | Multiple |
Trading Platforms | AvaTradeGo, MetaTrader 4, MetaTrader 5 |
OS Compatibility | Windows, macOS, iOS, Android |
Forex Trading Tools | Yes |
Customer Support | Responsive |
Live Chat Availability | 24/5 |
Support Email | support@avatrade.com |
Support Contact | Varies per Region |
Social Media | Facebook, Twitter, LinkedIn, YouTube |
Languages on Website | English, Spanish, French, German, etc. |
Educational Resources | Multiple |
Forex Course | Yes |
Webinars | Yes |
Educational Resources | Articles, video tutorials, eBooks |
Partnerships and Programs | Yes |
Affiliate Program | Yes |
Amount of Partners | Numerous worldwide |
IB Program | Yes |
Sponsor Notable Events/Teams | Yes |
Rebate Program | Yes |
Cent Accounts | None |
Micro Accounts | None |
Suited to Beginners | Yes |
Suited to Professionals | Yes |
Suited to Active Traders | Yes |
Suited to Scalpers | Yes |
Suited to Day Traders | Yes |
Open an Account | Open Account |
Overview
AvaTrade is a globally regulated broker with licenses in Ireland, Australia, and South Africa, catering to both novice and experienced traders. It provides access to multiple platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the intuitive AvaTradeGO, designed with beginners in mind.
Renowned for its commitment to trader education, AvaTrade offers an extensive library of resources, such as articles, videos, and webinars. Traders can explore a diverse range of markets, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. With competitive spreads, favorable leverage options, and robust platform choices, AvaTrade is an excellent choice for those seeking a reliable and versatile trading experience.
Frequently Asked Questions
What is AvaTrade?
AvaTrade is a regulated online broker offering trading services across various markets, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies.
Where is AvaTrade regulated?
AvaTrade is licensed and regulated in several jurisdictions, including Ireland, Australia, and South Africa.
What trading platforms does AvaTrade provide?
AvaTrade supports MetaTrader 4, MetaTrader 5, and its proprietary platform, AvaTradeGO.
Does AvaTrade offer educational resources?
Yes, AvaTrade provides a wide range of educational tools, including articles, videos, and webinars, to help traders enhance their skills and knowledge.
Our Insights
AvaTrade excels as a reputable, well-regulated broker, offering comprehensive features that cater to traders at all skill levels. With its educational initiatives, versatile platform options, and access to multiple markets, AvaTrade delivers a well-rounded trading experience.
Detailed Summary
Broker | AvaTrade |
Year Founded | 2006 |
Amount of Staff | Over 400 |
Amount of Active Traders | Over 300,000 |
Publicly Traded | None |
Regulation and Security | Very High |
Regulation | CBI, BVI FSC, ASIC, FSCA, JFSA, FFAJ |
Country of Regulation | Various (Ireland, Australia, UK, South Africa) |
Account Segregation | Yes |
Negative Balance Protection | Yes |
Investor Protection Schemes | Yes |
Account Types and Features | Single Account |
Institutional Accounts | Yes |
Managed Accounts | None |
Minor Account Currencies | Yes |
Minimum Deposit | 100 USD |
Avg. Deposit Processing Time | Instant or within 1 business day |
Avg. Withdrawal Processing Time | 1-3 business days |
Fund Withdrawal Fee | None |
Spreads from | 0.9 pips |
Commissions | None |
Number of Base Currencies | 20+ |
Swap Fees | Applicable |
Leverage | Up to 400:1 |
Margin Requirements | Varies by account type and instrument |
Islamic Account | Yes |
Demo Account | Yes |
Order Execution Time | 1 second or less |
VPS Hosting | Yes (optional, may have additional cost) |
CFDs Total Offered | 250+ |
CFD Stock Indices | Yes |
CFD Commodities | Yes |
CFD Shares | Yes |
Deposits and Withdrawals | Trusted Options |
Deposit Options | Bank Transfer, Credit/Debit Card, E-Wallets |
Withdrawal Options | Bank Transfer, Credit/Debit Card, E-Wallets |
Trading Platforms and Tools | Multiple |
Trading Platforms | AvaTradeGo, MetaTrader 4, MetaTrader 5 |
OS Compatibility | Windows, macOS, iOS, Android |
Forex Trading Tools | Yes |
Customer Support | Responsive |
Live Chat Availability | 24/5 |
Support Email | support@avatrade.com |
Support Contact | Varies per Region |
Social Media | Facebook, Twitter, LinkedIn, YouTube |
Languages on Website | English, Spanish, French, German, etc. |
Educational Resources | Multiple |
Forex Course | Yes |
Webinars | Yes |
Educational Resources | Articles, video tutorials, eBooks |
Partnerships and Programs | Yes |
Affiliate Program | Yes |
Amount of Partners | Numerous worldwide |
IB Program | Yes |
Sponsor Notable Events/Teams | Yes |
Rebate Program | Yes |
Cent Accounts | None |
Micro Accounts | None |
Suited to Beginners | Yes |
Suited to Professionals | Yes |
Suited to Active Traders | Yes |
Suited to Scalpers | Yes |
Suited to Day Traders | Yes |
Open an Account | Open Account |
Frequently Asked Questions
How can I open a demo account with AvaTrade?
Opening a demo account is simple. Visit the AvaTrade website, register, and select the demo account option to start practicing risk-free trading.
What is AvaTrade’s average order execution time?
AvaTrade offers fast order execution, with most trades processed within 1 second.
Does AvaTrade provide VPS hosting?
Yes, AvaTrade offers VPS hosting for traders who require stable and uninterrupted platform access.
What trading instruments are available on AvaTrade?
AvaTrade provides a diverse selection of instruments, including forex pairs, CFDs on stocks, indices, commodities, and cryptocurrencies.
Our Insights
AvaTrade stands out as a secure and versatile broker, regulated in jurisdictions like Ireland, Australia, and South Africa. Its broad range of trading instruments, competitive spreads, and leverage options make it a solid choice for traders of all experience levels.
Safety and Security
AvaTrade is a highly regulated investment firm specializing in a wide range of financial products, including stocks, ETFs, bonds, cryptocurrencies, and indices. The broker is licensed and regulated in multiple jurisdictions, ensuring a secure and compliant trading environment for its clients.
Region | Regulation |
European Union | Ava Trade EU Ltd is regulated by the Central Bank of Ireland and complies with MiFID. |
Cyprus | DT Direct Investment Hub Ltd is regulated by the Cyprus Securities and Exchange Commission and adheres to MiFID. |
Poland | Ava Trade EU Ltd operates under Polish Financial Supervision Authority approval. |
Australia | Ava Capital Markets Australia Pty Ltd is licensed by ASIC. |
British Virgin Islands | AvaTrade Markets Ltd is regulated by the B.V.I Financial Services Commission. |
Japan | AvaTrade Japan K.K. is regulated by the Japan Financial Services Agency (FSA) and the Japan Commodity Futures Association (JCFA). |
South Africa | Ava Capital Markets Pty Ltd is regulated by the Financial Sector Conduct Authority (FSCA). |
Middle East | Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA). |
Israel | ATrade Ltd is regulated by the Israel Securities Authority. |
Frequently Asked Questions
What measures does AvaTrade take to ensure client fund safety?
AvaTrade secures client funds by storing them in segregated accounts with tier-1 banks, adhering to strict regulatory requirements. Additionally, they provide negative balance protection and comply with the Payment Card Industry Data Security Standard (PCI DSS).
How does AvaTrade safeguard personal and financial information?
AvaTrade employs robust security measures, including PCI DSS compliance, SSL encryption technology, and 3D Secure Payments, to protect personal and financial data.
What security protocols prevent unauthorized access to my account?
AvaTrade utilizes Two-Factor Authentication (2FA) and One-Time Passwords (OTPs) to prevent unauthorized access and enhance account security.
How does AvaTrade address account security and fraud prevention?
AvaTrade actively monitors accounts for unusual activity and potential fraud. Their dedicated security team uses advanced tools and protocols to detect and prevent unauthorized transactions.
Our Insights
AvaTrade’s rigorous regulatory compliance, secure account protocols, and dedication to protecting client funds highlight its commitment to maintaining a safe and transparent trading environment.
Partnerships, Rebates, and, Affiliate Options
AvaTrade offers access to multiple Partnership options, including Introducing Broker (IB), Online Affiliate, Trading Academy, Money Manager, Call Center, and, Service Provider.
Affiliate Partner Type | Role | Revenue/Benefits | Support/Features |
Introducing Broker (IB) | Introduce clients to AvaTrade |
Earn commissions based on client trades and performance |
AvaTrade manages client operations |
Online Affiliate | Use promotional materials to drive traffic |
High commissions based on referrals |
Flexible partnership terms |
Trading Academy | Focus on trader education using AvaTrade’s platforms |
Provide tools and knowledge for market success |
AvaTrade supports educational initiatives |
Money Manager | Manage multiple accounts with AvaTrade’s MAM platform |
Management fees and profit-sharing |
Customizable trading conditions |
Call Center | Utilize own support and marketing teams |
Expand reach and enhance business operations |
AvaTrade offers expertise and support |
Service Provider | Introduce new technology, platforms, or signal services |
Join a plan for tech focused partners |
Opportunities for technological innovation |
Frequently Asked Questions
What is an Introducing Broker (IB) with AvaTrade?
An Introducing Broker (IB) partners with AvaTrade by referring clients and earning commissions based on the clients’ trading activity. AvaTrade manages the client relationship and trading processes.
How does AvaTrade’s Online Affiliate program work?
Online Affiliates use AvaTrade’s marketing materials to attract traders and earn substantial commissions based on referrals and traffic performance. The program offers flexibility, allowing affiliates to adjust partnership terms based on their results.
What advantages do Money Managers have when partnering with AvaTrade?
Money Managers leverage AvaTrade’s Multi-Account Manager (MAM) platform to manage multiple accounts efficiently. They earn management fees and profit-sharing while customizing trading conditions to suit their clients’ needs.
What is the Call Center partnership with AvaTrade?
Call Centers collaborate with AvaTrade by utilizing their own marketing and support teams to attract clients. AvaTrade provides guidance and resources to enhance operational efficiency and expand client reach.
Our Insights
AvaTrade’s diverse affiliate programs cater to various business models, offering flexibility and support to partners, whether they are Introducing Brokers, Affiliates, Money Managers, or Call Centers. These opportunities enable businesses to grow while benefiting from AvaTrade’s expertise and resources.
Account Types
AvaTrade offers a range of account types to cater to various trading needs and expertise levels. The Retail Account is ideal for beginners and experienced traders alike, with a low minimum deposit of $100, tight spreads, and a user-friendly platform.
Account | Retail | Islamic | Professional |
Availability | All traders | Muslim Traders | As per criteria |
Markets | All | Gold, Silver, Oil, Indices, Forex | All |
Commissions | None | None | None |
Platforms | All | All | All |
Trade Size | 0.01 lots – Unlimited | 0.01 lots – Unlimited | 0.01 lots – Unlimited |
Leverage | 1:30 | 1:30 | 1:400 |
Minimum Deposit | $100 | $100 | €500,000 portfolio |
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Account Types
Retail Account
AvaTrade’s Retail Account is designed for all traders, requiring only a $100 minimum deposit. It features a user-friendly platform, competitive spreads, and access to a variety of instruments, including forex, CFDs, options, and spread betting. Costs are transparent, with no hidden fees, and a range of educational resources is readily available.
To encourage responsible trading, leverage is capped at 1:30. While some advanced strategies are limited, the account prioritizes risk management and controlled exposure.
Islamic Account
The Islamic Account is tailored for Muslim traders, adhering to Sharia principles by replacing interest-based swaps with a “markup” model. Instead of swap fees, a small administrative fee applies.
This account provides access to forex, CFDs, and commodities, excluding cryptocurrencies. A five-day holding limit applies, after which standard swap fees may be charged. All costs are transparently detailed, offering a halal-compliant trading environment with a wide product range.
Professional Account
The Professional Account caters to experienced traders with significant portfolios. Eligibility requires meeting criteria such as a €500,000 portfolio, relevant professional qualifications, or frequent high-volume trading.
Benefits include leverage of up to 1:400, compared to 1:30 for retail accounts, allowing for higher potential returns. Traders can use advanced strategies like hedging and short selling.
However, professional traders forego certain investor protections, such as negative balance protection, and must take responsibility for managing their risks.
Demo Account
AvaTrade’s Demo Account is an invaluable tool for both beginners and seasoned traders. It provides a risk-free simulated trading environment, allowing users to explore various financial markets and products.
New users receive $10,000 to $150,000 in virtual funds to practice trading forex, stocks, cryptocurrencies, and commodities under real market conditions. The demo account mirrors live market conditions, supporting platforms like MT4, MT5, WebTrader, and AvaTradeGO.
While the account is active for 21 days, it does not expire due to inactivity, making it ideal for refining trading strategies and learning about market dynamics.
Frequently Asked Questions
What is the minimum deposit for a Retail Account?
The minimum deposit for a Retail Account is $100.
What instruments can I trade with a Retail Account?
The Retail Account supports trading forex, CFDs, options, and spread betting instruments.
What makes an Islamic Account unique?
The Islamic Account complies with Sharia law by eliminating interest-based charges, replacing them with a “markup” model.
What are the advantages of a Professional Account?
Professional Accounts offer higher leverage of up to 1:400 and access to advanced trading techniques like short selling and hedging.
Our Insights
AvaTrade offers a variety of account types tailored to diverse trading needs and preferences. From the accessible Retail Account to the advanced Professional Account, each option provides tools and features suited to specific trading styles, ensuring a personalized trading experience.
How to Open an AvaTrade Account
Opening an account with AvaTrade is simple and user-friendly. Follow these steps to get started:
Step 1: Complete the Online Registration Form
Click the “Open a Real Account” button on the AvaTrade homepage. Enter your email address and create a secure password to begin the registration process.
Step 2: Fill Out the Registration Details
Select your country of residence and choose your preferred account type: Retail Demo Account, Retail Account, or Professional Account.
Provide your personal details, including your full name, date of birth, and address. To verify your account, upload a copy of your ID and proof of residence (such as a utility bill or bank statement).
Step 3: Fund Your Account
Choose from various funding options, including credit cards, debit cards, or bank transfers. Once your account is funded, you can start trading on AvaTrade’s platform immediately.
Frequently Asked Questions
How do I start registering for an account with AvaTrade?
Click the “Open a Real Account” button on AvaTrade’s homepage to access the online registration form.
What details are required in the registration form?
You need to provide your email address, set a password, select your country of residence, and choose your account type (Retail Demo Account, Retail Account, or Professional Account).
What documents are required for account verification?
AvaTrade requires a valid ID and proof of residence, such as a utility bill or bank statement.
How long does the verification process take?
Account verification typically takes a few business days, depending on how quickly the necessary documents are submitted and reviewed.
Our Insights
AvaTrade has streamlined the account registration process to make it accessible for traders of all experience levels. With clear instructions and multiple funding options, setting up your account is quick and hassle-free.
Trading Platforms and Software
AvaTrade offers the following trading platforms and software:
- MetaTrader 4 and 5
- AvaTradeGO
- AvaSocial
- AvaTrade Web
- DupliTrade
- AvaOptions
- AvaFutures
MetaTrader 4 and 5
AvaTrade offers two popular trading platforms: MetaTrader 4 and MetaTrader 5. MT4 is known for its user-friendly interface, extensive charting tools, and automated trading capabilities.
MT5 adds new features like greater periods, economic calendars, and faster processing, broadening trading to equities, commodities, and indexes. Both platforms offer a comprehensive trading experience with back-testing tools.
AvaFutures
AvaFutures is a top-tier futures trading platform that merges advanced technology with exceptional customer service. With 17 years of experience and operations in over 150 countries, it caters to both novice and seasoned traders, boasting a community of over 300,000 satisfied users.
Utilizing the state-of-the-art MT5 platform, traders can easily access top assets like Bitcoin, S&P 500, Gold, Oil, and 10-Year Treasuries. The platform offers benefits such as hedging against market volatility, diversified investment opportunities, and generous leverage options, all while ensuring liquidity and transparency.
Frequently Asked Questions
What trading platforms does AvaTrade offer?
AvaTrade provides a variety of platforms tailored to different trading styles and preferences, including:
- MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for advanced tools and flexibility.
- AvaTradeGO for intuitive mobile trading.
- AvaSocial for social and collaborative trading.
- AvaTrade Web for browser-based convenience.
- DupliTrade for automated strategy duplication.
- AvaFutures for futures trading.
- AvaOptions for options trading.
What is AvaTradeGO?
AvaTradeGO is a mobile trading app designed for seamless trading on the go. It features:
- A user-friendly dashboard to track transactions.
- Advanced analytical tools for informed decisions.
- Live market updates for real-time insights.
- AvaProtect, a risk management tool for loss protection.
How does AvaSocial work?
AvaSocial is AvaTrade’s social trading platform that enables users to:
- Connect with and follow expert traders.
- Share strategies and trading tips.
- Mirror trades to leverage experienced insights.
This platform creates a collaborative environment for traders to learn and grow together.
What can I do with AvaOptions?
AvaOptions is specifically designed for options trading, offering:
- The flexibility of Forex combined with options trading.
- Tools for visualizing strategies and managing risk.
- Portfolio simulation capabilities.
- Access to comprehensive educational resources to build expertise.
Our Insights
AvaTrade delivers a comprehensive suite of trading platforms to suit all types of traders. From MetaTrader’s professional-grade tools to AvaTradeGO’s mobile convenience and AvaSocial’s collaborative features, AvaTrade ensures flexibility, functionality, and innovation for every trading need.
Fees, Spreads, and Commissions
Spreads
As a Market Maker broker, AvaTrade integrates its broker fees into fixed spreads and executes orders using proprietary methods. Traders gain access to the interbank market and large positions from multiple liquidity sources.
- In South Africa, typical spreads include:
- 0.9 pips for EUR/USD
- 0.13% for stock CFDs
- Specific spreads for commodities like crude oil and gold, based on market conditions.
Commissions
AvaTrade offers a commission-free trading model. This is achieved by incorporating a markup into the fixed spreads, eliminating the need for separate commission charges. This approach ensures clarity and transparency in the trading process, providing a straightforward cost structure.
Overnight Fees
Overnight fees vary based on asset types and their respective swap rates for long and short positions. These fees apply to various instruments such as:
- EUR/USD
- Equities
- Precious metals like gold and silver
- Cryptocurrencies like BTC/USD
- Commodities such as crude oil
- Indices like the Nasdaq
Deposit and Withdrawal Fees
AvaTrade does not charge any additional fees for deposits or withdrawals across all available transaction methods, ensuring cost-effective deposits and withdrawals.
Inactivity Fees
AvaTrade imposes an inactivity fee on accounts with no trading activity for three months.
- $50 monthly fee for accounts inactive for 3 months
- $100 monthly fee for accounts inactive for over a year
Currency Conversion Fees
Currency conversion fees apply when the deposited funds are not in the trader’s base or recognized deposit currency, requiring conversion to the designated currency for the account.
Frequently Asked Questions
What are the spreads at AvaTrade?
AvaTrade offers fixed spreads that include broker fees. Typical spreads include 0.9 pips for EUR/USD and 0.13% for stock CFDs. Commodity spreads such as for crude oil and gold are subject to market conditions.
Are there any fees for deposits and withdrawals?
AvaTrade does not charge any additional fees for deposits or withdrawals, regardless of the transaction method used.
Does AvaTrade charge commission fees?
No, AvaTrade does not charge commission fees. Trading costs are reflected in the spreads.
Are there any inactivity fees at AvaTrade?
Yes, AvaTrade charges an inactivity fee of $50 per month after 3 months of account inactivity, increasing to $100 after 12 months of inactivity.
Our Insights
AvaTrade offers a clear and transparent fee structure, with fixed spreads and no additional commission fees. This simplifies cost management for traders, making it easier to understand and plan for trading expenses.
Which Markets Can You Trade?
AvaTrade offers a wide range of trading instruments and products, including:
- Currency Pairs: Trade over 50 currency pairs, covering major, minor, and exotic currencies.
- Metals: Access gold, silver, and other precious metals.
- Commodities: Trade agricultural commodities, metals, and energy resources.
- Global Indices: Participate in trading on major international stock indices.
- Shares: Trade individual company shares and benefit from price fluctuations.
- Cryptocurrencies: Access popular cryptocurrencies like Bitcoin and Ethereum through CFDs.
- Options: Engage in vanilla options trading for flexible hedging and speculation.
- Energy Commodities: Trade in energy commodities like oil and natural gas.
AvaTrade also offers FXOptions, combining the benefits of Forex and options trading for unique hedging and speculating opportunities.
Frequently Asked Questions
Can traders access cryptocurrency markets through AvaTrade?
Yes, AvaTrade allows you to trade major cryptocurrencies like Bitcoin and Ethereum via CFDs on platforms like MetaTrader 4.
Does AvaTrade offer trading in options and ETFs?
Yes, AvaTrade provides access to both vanilla options and Exchange-Traded Funds (ETFs), offering flexible hedging and speculative opportunities.
What currency pairs can I trade with AvaTrade?
AvaTrade offers over 50 currency pairs, including major, minor, and exotic pairs.
Are Exchange-Traded Funds (ETFs) available for trading?
Yes, AvaTrade allows you to trade ETFs, enabling you to invest in a diverse basket of assets in a single transaction.
Our Insights
AvaTrade offers an extensive selection of trading instruments and products to cater to a variety of trading strategies. The availability of flexible options trading and FXOptions, which combine Forex and options benefits, provides traders with unique opportunities for hedging and speculation.