Forex Broker


Company Ava Trade Ltd
Founded in 2006
Offices in Australia, France, Germany, Ireland, Italy, Japan
Payment options Credit/debit cards, Neteller, PayPal, Skrill, WebMoney, Wire transfer
Demo platforms MetaTrader 4 (Limited with 21 days), AvaTrader
Account currencies Australian dollar, Euro, Japanese yen
Currency pairs
AUD/CAD AUD/CHF AUD/JPY
AUD/NZD AUD/USD BTC/USD
CAD/CHF CAD/JPY CHF/JPY
EUR/AUD EUR/CAD EUR/CHF
EUR/DKK EUR/GBP EUR/HUF
EUR/ILS EUR/JPY EUR/NOK
EUR/NZD EUR/PLN EUR/SEK
EUR/TRY EUR/USD EUR/ZAR
GBP/AUD GBP/CAD GBP/CHF
GBP/ILS GBP/JPY GBP/NZD
GBP/SGD GBP/USD NZD/CAD
NZD/CHF NZD/JPY NZD/USD
USD/CAD USD/CHF USD/DKK
USD/HUF USD/ILS USD/JPY
USD/MXN USD/NOK USD/PLN
USD/SEK USD/SGD USD/TRY
USD/ZAR    
Regulated by ASIC, 143 340 907; Central Bank of Ireland, C53877; Financial Futures Association (Japan), 1574
Website available in Arabic, Chinese, English, French, German, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Swedish
Support available in Arabic, Chinese, Dutch, English, French, German, Greek, Hindi, Hungarian, Italian, Japanese, Portuguese, Romanian, Russian, Slovenian, Spanish, Swedish, Turkish
Support methods Callback, Email, Forum, Live chat, Phone, Skype, Web form
Trading server time zone GMT
Conditions for VIP traders Reduced spreads, free trading signals, every day contact with account manager.

    AvaTrade logo

  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • PAMM accounts
  • Segregated accounts
  • Managed accounts
  • Islamic accounts available
  • Requires sending documents via postal mail

Account Types

Minimum account size $100
Minimum position size 0.01 lot
Spread type Variable
Typical spread on EUR/USD, pips 3
Minimum spread on EUR/USD, pips 2
Scalping Allowed
Expert advisors Limits apply for arbitrage expert advisors.
Trading instruments
Forex 1:400
Gold & silver 1:200
Oil 1:100
Stocks 1:20
Futures 1:200
Indexes 1:200
Agriculture 1:33
Metals 1:50
Energies 1:50
Bonds 1:100
Spread betting  
Cryptocurrencies 1:20
Trading platforms MetaTrader 4, AvaTrader
Digits after the dot in quotes 5
Margin call level 10%
Stop-out level 10%
Minimum distance to stop/limit orders, pips 8
Number of currency pairs 60
  • Hedging
  • Trailing stop
  • Pending orders
  • One-Cancels-Other (OCO) orders
  • One-click trading
  • Mobile trading
  • Automated trading
2.0/5 from 1 ratings.
  • Support
  • Platform
  • Bonus
  • Commission
  • Leverage
Summary rating
Depositing and Withdrawing Money Is Never Easy With Avatrade
16 days ago.
Support
Platform
Bonus
Commission
Leverage
Your review
I was introduced to Avatrade by the Shaw Academy. They seemed to have a good selection of instruments to trade. Straight up I encountered a problem of wanting to change my introducing broker (to CashBackForex). Avatrade made me go back and forth between a number of CS reps and finally said no. But I guess my trading volumes weren't that large anyway so I let that pass. Depositing my money wasn't very easy with Ava. For some reason they rejected my credit card and I had to wire in my money. Withdrawals though... almost impossible. First I contacted my account manager David Berman, and he mentioned that I had to send him an email to "forfeit my bonus". And so I did. Then, nothing came of it. No follow up emails of "I'll look into it" or anything else. I then added the customer and feedback emails and I still didn't get a response. Avatrade promises a withdrawal within 5 business days, but they make it as painful as possible to withdraw. Look, I didn't think forex was for me anymore at this time, but if I wished to return in the future, I would stay the hell away from this company. If FPA is unable to resolve my case, I will have to bring this to the attention of ASIC and the Financial Services Ombudsman in Australia. I'm sure Avatrade wouldn't want their Australian license to be revoked. (As a side note: I have once closed my account with Interactive Brokers and they provide stress free and simple withdrawals. I have since decided to reopen an account with them)
Show more
0 of 0 people found the following review helpful

More to share? (Optional)

..%
No description
  • Size:
  • Type:
  • Preview: