AvaTrade Review year Is AvaTrade a trusted broker?

Equity traders get 614 assets and 58 ETFs, while 44 options and two bond CFDs complete the asset list. I like the asset selection as it remains a well-balanced choice of trading instruments, suitable for all traders. Some equity traders may achieve a competitive pricing environment on select assets, dependent on trading volume and duration. Index and commodity traders get the best offer, as trading costs here rank among the best industry wide.

Overall, Avatrade has a similar number of assets compared to other brokers, but it stands out for its specialty instruments, including vanilla options, ETFs, bonds, and cryptocurrencies. The minimum trading amount at ZuluTrade is $200, while at DupliTrade it is $2000. A variety of risk management tools and filters are available to boost your social trading portfolio. The website is kept safe with the help of 256-bit SSL encryption and implements a True-Site identity assurance seal. In addition, we tested the free AvaTrade demo account by exploring the tradable assets, spreads, market orders and order execution.

Forex Trading PLATFORM REVIEW

Founded in 2006, AvaTrade ticks all the boxes in terms of being a reliable operator. Any broker operating for more than a decade has enough of a track record to give its clients some comfort. As you might expect, technical and functionality glitches have been ironed out, making for a positive user experience. AvaTrade is a privately held online forex and CFD (contract for difference) broker.

Traders are in the first place interested in making money, therefore have to monitor their trading costs to improve profitability. The withdrawal time for all accounts is approximately five days, except for the AVA Select account, which may take only 24 hours. Apart from ensuring a safe trading environment, it gives traders peace of mind that their personal information and funds stay secure too.

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When you log in to your account, you are immediately redirected to the platform. Overall, while withdrawal and deposits are free, we were disappointed by Avatrade’s processing times on both its deposits and withdrawals. AvaTrade has a whopping 6000+ reviews on the noted Trustpilot platform.

AvaOptions provides impressive options trading at competitive prices. The AvaOptions trading app features 13 option strategies, including spot, call, call spread, call ratio, put, put spread, put ratio, straddle, straddle, butterfly, condo, risk reversal, and seagull option strategies. Everything is managed from your mobile device, whether it’s an iPad or an iPhone. Traders have access to any strike, and any expiration date up to 1 year. There are live streaming trades available 24/5, with multibank liquidity provided.

Step-by-step Guide to Deposit On AvaTrade

Our AvaTrade review warns all potential traders that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors. Avatrade offers a rebate program to its clients, which allows them to earn cashback on their trading activity. This tool merges the views of their brightest minds together with automated algorithms. The product offers pattern recognition to trigger high-potential trading ideas. This is then checked and corroborated by the analysts before being released to our traders.

• Such leveraged products magnify a trader’s potential profit – but of course, also increase the potential loss.
• This way you can keep up to date with your trading activity on the go.
• AvaTrade forex fees are not the best on the market, they are rather average.
• AvaTrade indicates that it will accept a minimum investment entry of just $100.

Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. AvaTrade is a secure forex broker that has a track record of providing premium user-oriented platforms, customer services, forex brokers, and trading forex, CFD. A trader can open an trading accounts with AvaTrade and start a trading activity on the MT4 platform quickly. AvaTrade provides plenty of charting options and other trading tools to make their customers’ lives easier. Both mobile and desktop platforms integrate with a wide range of technical indicators, and the apps have in-built functions to allow for easy analysis and charting.

Limited Time Offer

The AvaTrade brokerage was founded in 2006 with the main mission to empower more people to trade forex with confidence and improve their financial position. The broad appeal and undoubted credibility of AvaTrade is also a disadvantage. There is a sense that AvaTrade doesn’t quite have enough of a specialist niche. The fact that the number of tradeable markets is limited to 250 won’t be a problem for many but will be a concern for some. Asking a question by email allowed us to make a more detailed request, but there wasn’t an ‘email us’ button on the trading platform, so we had to go back to the AvaTrade home page to enter the details of our request.

• The company offer a broad and diverse range of instruments, including indices, commodities, cryptocurrencies, bonds, ETFs, options and forex.
• However, we missed the usual search function where you can type an asset’s name manually.
• As you embark on your exhilarating Forex trading journey, AvaTrade is there for you along the way — to make sure that you have the right tools to succeed.
• For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.
• Most of these stocks can only be traded on the MT5 platform and not on the MT4 or WebTrader platforms.

Since most international traders have choices, I recommend selecting the one, if possible, that is best suited to achieve your trading goals. While most beginner traders will find each regulatory environment equally satisfactory, the British Virgin Islands or South Africa may be the best suited for committed, active traders avatrade forex review requiring higher maximum leverage. The regulatory environment at AvaTrade is outstanding and one of the most trusted industry wide. AvaTrade segregates client deposits from corporate funds and offers negative balance protection. Trading with a regulated broker will limit the potential for fraud and malpractice.

They also sent me resources to get started and understand how their platform works. Thank you Arnold for all your help — very patient and kind — Excellent customer service. Alev was very professional and quick to respond with any questions I had. From getting all the right documents, explaining the process, links for educational material (a must), to making my first deposit.