AvaTrade Review

AvaTrade is a leading global online Forex and CFDs broker that was established in 2006. It is one of the most secure brokers in the industry, with 7 regulations across 6 continents.
AvaTrade offer a wide choice of assets, leading platforms and generous trading conditions.

AvaTrade Review

Since 2006 AvaTrade has expanded enormously; with over 300,000 registered customers globally, executing more than two million trades a month.

The company’s total trading volumes now surpass $70 billion per month. AvaTrade’s user-oriented perspective, combined with solid financial backing, is unique to the field of online trading. From our 24-hour multilingual support desks to our broad range of platforms and services, we have successfully created the optimal trading environment for every level of trader. Our wide scope includes a full spectrum of trading instruments covering Forex trading, stocks, commodities, cryptocurrencies and indices.

Ava is a multi-national company with regional offices and sales centers in Paris, Dublin, Milan, Tokyo and Sydney. The company’s administrative headquarters are in Dublin, Ireland. Whether you are an experienced trader or a novice, AvaTrade’s adaptable trading platforms and services aim to provide you with the right balance of simplicity and sophistication. It’s no wonder that AvaTrade has earned over 30 reputable industry awards since 2009.

We invite you to join the thousands of traders and affiliates who have chosen AvaTrade as their preferred trading portal. Still not ready? Take a look at the Avatrade Reviews by our clients!

Regulations

Yes, it is regulated by numerous authorities across the world, including some top-tier ones:

  • the Central Bank of Ireland
  • the B.V.I 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)

Also, AVA Trade EU Ltd operates a Polish Branch under the AvaTrade EU authorization, which has been approved by the Polish Financial Supervision Authority.

AvaTrade is based in Ireland and was founded in 2006.

Reliability

In terms of reliability, AvaTrade has won numerous awards from several international reviewers testifying to its reliability. It has won recognition from leading financial reviewers such as Forex Awards.com, European CEO magazine, UK Forex awards, Forex Report Magazine and us here at FXEmpire. Some of the awards won by the AvaTrade include “Best ECN Broker”, “Best Trading Condition”, “Best Forex ECN Broker” and “Most Transparent Broker”. All these awards signify the conditions which traders can expect from dealing with AvaTrade.

Trading Platforms

For trading platforms, AvaTrade offers a choice of 3 different types of trading platforms. They include the MetaTrader 4, the MetaTrader 5 and the cTrader.

MetaTrader 4

The MetaTrader 4 or MT4 platform has been deemed as the most popular online trading platform for forex and CFD traders. It is a robust trading platform offering numerous trading tools to enhance the trading abilities of its users. However, the most notable feature of the MT4 trading platform is the fact that it also supports automated trading through the use of Expert Advisors (EAs).  The MT4 platform despite its sophistication is user-friendly and highly customizable. It comes with a complete charting package as well as a wide array of technical indicators which can be overlaid on to the charts for more in-depth analysis.

MetaTrader 5

Apart from the MT4 platform, AvaTrade has also provided its clients with the MetaTrader 5 (MT5) trading platform. The MT5 platform while often regarded as an updated version of the MT4 is in fact designed to accommodate different financial markets apart from forex. With the MT 5 platform, you can also trade in commodities and stocks. In essence, the MT5 allows for better integration with a centralized exchange. The forex market is basically a decentralized market, while stocks and commodities are traded on exchanges.

CTrader

For traders that wish to trade with raw spreads, they can utilize the cTrader trading platform to access the interbank rates.  It allows for fast execution of trades as well as transparency in pricing.

AvaTrade Mobile Trading

For AvaTrade’s clients who are constantly on the move, AvaTrade offer mobile trading apps which can be downloaded from Google Playstore or Apple app store.  These mobile apps offer the same powerful features as their desktop counterparts and allow you to trade the markets directly from your smartphone.

AvaTrade Copytrading

DupliTrade AvaTrade Copytrading offers an opportunity to automatically copy leading traders and forget about long hours of building your own trading strategy. Choose from the best Masters of Forex and diversify your trading portfolio.

How it works:

Surf through the ratings of our Master Traders and select the best ones for you. Invest money, choose your desired income rate, estimate tolerable risks, and that’s it—sit back and watch your balance grow.

A brief summary of what you’ll get with AvaTrade Copytrading:

  • Huge return rate: more than 20% monthly gain
  • No advanced knowledge required – the best traders work for you
  • No restrictions on the minimum deposit – you can start earning with even 5 USD
  • No complicated software or downloads required – on tuning is done on the website or through Mobile App.

Trade Types/Instruments

In terms of trade types, AvaTrade offers spot market trading and contract for difference (CFDs) trading. Assets covered by AvaTrade include currency pairs, cryptocurrencies, precious metals, market indices, stocks, and commodities.

Pros / Cons
  • Easy and fast account opening
  • Free deposit and withdrawal options
  • Great research tools
  • Only CFDs, forex, and cryptos offered
  • High inactivity fees
  • Average forex fees

Account Types

The trading accounts at AvaTrade are categorized into 3 different types according to the trading platforms preferred by the traders.

MT4 Micro Account

  • For beginner traders
  • Commission-free trading
  • Fixed and Floating spreads
  • Maximum leverage of 1:500
  • Minimum deposit requirement of $200

MT 5 Pro Account

  • For experienced traders
  • Floating spreads
  • Market execution
  • Commission-free trading
  • Maximum leverage of 1:200
  • Minimum deposit requirement of $500

cTrader ECN Account

  • For traders wishing to trade with raw spreads
  • Floating spreads
  • Maximum leverage of 1:500
  • Minimum deposit requirement of $100

Commissions & Spreads

For trading costs, AvaTrade charges its clients a mix of commission and markup spreads on the trades ECN account is 3 cents per 0.01 lot. To give beginner trades an idea of the spreads which they can expect from AvaTrade, below is a table showing the typical spreads offered by AvaTrade on various frequently traded instruments.

Bonus & Promotions

For promotions, AvaTrade offers the Education Pack on all deposits for all verified account holders. In addition, you can also participate in trading contests offered by AvaTrade on a weekly and monthly basis and win attractive cash prizes. Prizes up for grabs range from $25 to $500.

AvaTrade is a global CFD and forex broker founded in 2006. It is regulated by several financial authorities, such as the Central Bank of Ireland.