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AvaTrade3 min read
Broker Review
An international company with a turnover of $20 billion is automatically credible. A company registered in Ireland entered the global financial market in 2006. Customers can choose from several types of platforms. Beginners begin to get acquainted with the intricacies of working on a financial exchange with a demo account. Due to these features, reviews about the AvaTrade broker are mostly positive.
Users rating12 Votes
Pros Broker
Cross-platform trading
Forex vanilla options
Advanced order types available
Exclusive market news and analysis
Cons Broker
Slow withdrawal process
No scalping allowed
No discounts for high volume traders
Inactivity fee on stagnant accounts
Overall Broker Rating
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Review of the company

AvaTrade broker was founded in early 2006. The company currently boasts over 200,000 customers from around the world. The employees of the dealing center are constantly working on the quality of the services provided to provide their clients with the most comfortable trading conditions. The company provides foreign exchange market access services to traders from various states of Europe, South Africa, CIS, as well as from Japan, Australia and Virgin Islands. Currently does not offer its services in US.

Trading advantages

You can trade a large number of instruments: Forex, CFDs and Cryptocurrency (Bitcoin, Litecoin, Ethereum, Ripple). The total number of assets that can be used for speculation is more than 250. In addition, the broker allows you to trade stock options. Do not confuse them with binary ones. On the site you can familiarize yourself with the basics of trading this type of securities.

Trading platforms

Trading is possible on different platforms for computers and mobile devices:

  • AvaTradeGo and AvaTrade Act are the company’s own developments that can be used on a computer running Mac OS and Windows, as well as smartphones running iOS and Android;
  • MetaTrader is the most popular trading platform that allows you to receive signals and use advisers to automatically close profitable trades;
  • Auto trading. A trader can use a large number of platforms for auto trading – RoboX, Mirror Trader, ZuluTrade and MQL;
  • Browser terminal. You can access your trading account from any computer;
  • AvaOptions is a unique platform where you can use all the strategic tools you need to trade Forex Options.

Each platform is easy to use and offers a wide range of financial instruments as well as many analytical tools and indicators.

Trading learning

Like many other Forex brokers, AvaTrade gives beginners the opportunity to better understand the functioning of financial markets, learn how to predict prices and manage risks. To do this, you can use the course “Trading for Beginners”, which describes the basics of trading in the Forex market. Video tutorials are also available that may be useful to professionals. And the book “Forex Trading Strategies” will help you familiarize yourself with the basics of trading and learn how to trade correctly.

Islamic accounts

AvaTrade provides exclusive services for Islamic Accounts. Regardless of whether the user complies with strict Sharia law, he may be interested in the AvaTrade Islamic broker account. The client can open an account with a trading platform with access to swaps consistent with Islamic customs. *Islamic accounts are subjected to an increase spread on currency pairs.

Cryptocurrency Trading

AvaTrade is one of the best cryptocurrency brokers. You can trade more than 10 different crypto assets on the platform using leverage. Invest in rising or falling markets. AvaTrade has several advantages over conventional crypto exchanges.

Deposit and withdrawal

You can replenish the deposit with electronic payment systems PayPal, Skrill, Neteller, Western Union, as well as Visa / MasterCard and other payment methods. Instant withdrawal of funds is possible using the debit card AVA Debit.

Support service

AvaTrade has an award-winning multi-language support group, available by telephone in 34 countries, email and chat. They are available on the website 24/7 and in several languages: Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Portuguese, Russian and Spanish. You can call, email or use modern chat to answer your question or make a request.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.