AvaTrade

Item: AvaTrade
Rating: 4.4
Author: stork

AvaTrade, currently a partner of the Aston Martin F1 team, is licensed by several tier-1 and tier-2 regulatory bodies, which is part of but not all of the reason for their rise in popularity and well-established name in the trading industry.

In addition to the broker being well-regulated, they also offer a wide variety of trading platforms to attract traders including MetaTrader and their platforms, alongside social trading options AvaSocia, Zulutrade and Duplitrade.

This Irish broker is also one of the leading brokers to offer fixed spreads to its clients.

Is AvaTrade Regulated? Legit? Safe?

AvaTrade is considered a safe broker to trade with, thanks to their extensive regulatory oversight.

AvaTrade is one of the most well-regulated brokers in the industry. They boast regulatory oversight from some of the most respected tier 1 regulatory bodies:

Ava Capital Markets Australia Pty Ltd – ASIC (406684)
Ava Capital Markets Pty – FSCA (45984)
AVA Trade EU Ltd. – Central Bank of Ireland (C53877).
AVA Trade Middle East Ltd. – Abu Dhabi Global Market
Ava Trade Japan K.K. – FSA (#1662), and FFAJ (#1574)
Ava Trade Ltd – British Virgin Islands

AvaTrade was founded in 2006 in Dublin, Ireland. The broker still remains true to these roots, though they also have multiple other locations based around the world as follows to help them deal with a trader base that no extends around the globe. AvaTrade has offices in: Dublin (Ireland), Sydney (Australia), Road Town (British Virgin Islands), Johannesburg (South Africa), Santiago (Chile), Beijing (China), Milano (Italy), Warszawa (Poland), Tokyo (Japan), CDMX (Mexico), Ulaanbaatar (Mongolia)

What platforms does AvaTrade offer?

As no two traders are alike, AvaTrade offer a wide-selection of trading platforms for both manual and automated trading, across a variety of device types. The goal is that each of our platforms should provide traders with a seamless and enjoyable trading experience. AvaTrade offers a wide selection of instruments, including cryptocurrencies, to choose from along with multiple analytical tools, indicators and charts.

What are the AvaTrade account types?

As with almost all top brokers in the industry, AvaTrade makes several great account type choices available to meet your needs as a trader.

Standard Retail Account

The AvaTrade standard account type serves as the base for the majority of traders with the broker. Here you can trade everything you need through the wide range of CFDs markets offered by the broker. It is very easy to get started too. All you will need is verification of your ID, and proof of residence. From here you can get started on trading very quickly.

The minimum deposit with an AvaTrade standard retail account stands at a very reasonable $100. This is great for new traders and again makes it very easy to get started trading.

Options Trading Account

Another popular account type choice with the broker, the Options account also has a minimum deposit of just $100 to get started. Here you will find quite a broad range of 40 forex options pairs to trade in.

An important point to note here is that you can also open a if you would like to try it out first, and the broker does offer lots of educational material on options trading in particular. This can be great if you are just getting started.

Spread Betting Account

AvaTrade is one of the most popular spread betting brokers in the sector. This account type for AvaTrade spread betting is available only to UK and Ireland based traders, though the minimum deposit still remains excellent at just £100.

As a spread betting trader with AvaTrade, you will have access to more than 1250 assets including in forex, commodities, indices, equities, bonds, and ETFs.

There really is something for all in spread betting here. The minimum trade size remains accessible too at just 0.1 standard lots.

Professional Account

As a professional trader you also have the chance to trade through the AvaTrade professional account offering. If you want to open a professional account though you should note that you will have to meet at least two of the following requirements:

Have made an average of 10 transactions of significant size per quarter in the past year
Possess a portfolio of over €500,000 value (in your bank or into the trading account) .
Relevant experience in the financial services sector

For whom are account types suitable?

AvaTrade standard account: best for casual traders
AvaTrade spread betting account: best for UK traders
AvaTrade islamic account: best for muslim traders
AvaTrade professional account: best for experienced traders

AvaTrade trading spreads and commissions

The spread list offered by AvaTrade will depend on the financial instrument traded. In addition, it will depend on whether it is traded on the retail or the professional account.

Professional trading accounts receive tighter spreads but have strict requirements that must be met before traders can become eligible as experienced traders. AvaTrade has transparent fee schedules. The costs are easy to calculate through AvaTrade’s provision of a trading calculator. The Trading calculator can be accessed before registering a live trading account.

Traders can access the different fees and spreads charged on the AvaTrade website under ‘financial instruments’ which provides a transparent, comprehensive breakdown of the costs and spreads that traders can expect.

What is the AvaTrade minimum deposit?

AvaTrade offers a minimum investment entry of just $100.

What are the AvaTrade deposit and withdrawal methods?

There are a wide selection of deposit methods available for you to choose from. These include wire transfers that take a maximum of 7 days to complete, credit/debit card deposits that are typically instant, and eWallets such as Skrill, Neteller, and WebMoney that can take up to 24 hours.

There may be more deposit methods available depending on your local area. The best place to check these out is the deposit area of your AvaTrade account.

Are there bonuses or promotional offers on AvaTrade?

From time to time, AvaTrade issues welcome bonus promotions dedicated for new clients. You can view our most recent promotion on their website.

In Which Countries is AvaTrade not Available?

Although AvaTrade is now a top worldwide broker, there are a few places and countries that they do not extend services to. These are as follows: Belgium, United States, Zimbabwe, India, Iran, Iraq, Israel and Pakistan.

Table of Contents