Read AvaTrade forex broker review, rating and detail information for their services below. AvaTrade founded in 2006 as AvaFX and boasts more than 150,000 clients in 150 countries. They have also branch offices in New York, Dublin, Sydney, Milan, Tokyo and other locations. First of all AvaTrade is one of the oldest brokers who introduce CFD trading on commodities, indices and stocks.
Above all AvaTrade also introduce trading in Cryptocurrencies mostly Bitcoin for their retail traders from 2013. Furthermore, in honor of their 10 year anniversary, traders can receive a 100% bonus. AvaTrade also offers spread betting in UK and Ireland.
AvaTrade is regulated by the Central Bank of Ireland (Reference No: C53877). It is subjected to the ‘Markets in Financial Instruments Directive’ (MiFID) issued by the European Union (EU). Furthermore AvaTrade is regulated by below regulatory boards.
- Australian Securities & Investments Commission (ASIC)
- Financial Services Commission (British Virgin Islands)
- Financial Services Agency in Japan
- Financial Futures Association of Japan
- Commodities Futures Association of Japan
AvaTrade provides MetaTrader 4 platform developed by MetaQuotes Software to its clients for an efficient and reliable trading experience. They also offer AvaTrader platform. AvaTrader is a professional-grade trading platform which provides API Libraries free of cost. Even more, AvaTrade offers Mirror Trader for automated Forex trading. They are integrated with a variety of service providers like DupliTrade, MQL5 Signals and ZuluTrade with their account. AvaTrade platforms are also available for smartphone. The app is free and can be downloaded from Google PlayStore and Apple App Store.
Hence, please find the below list for all platforms provides by AvaTrade.
- MetaTrader 4 (MT4) platform
- AvaTrader platform
- AvaTradeAct platform
- AvaOptions and their WebTrader
- RoboX platform
- DupliTrade platform
- Mirror Trader platform
- ZuluTrade platform
- MQL5 Signal Service platform
- API Trading platform
Commissions & Spreads
Like other online Forex brokers, AvaTrade doesn’t have any commissions or service fee. The spreads at AvaTrade are in the form of fixed and floating spreads. Spreads for currency pair is starting from 0.9 pips. Leverage is offered at 1:400.
AvaTrade supported 8 different types of cryptocurrencies which includes
- Bitcoin Cash
Cryptocurrency trading allows traders to diversify their investment portfolio, as cryptocurrency price is mainly determined by market sentiment, demand and supply
AvaTrade Supports credit cards (Visa, Mastercard, etc), eWallets or bank wire transfer for deposits and withdrawal. Withdrawals are also imitated through the same methods used for depositing the funds.
Customer support at AvaTrade is available 24/7. Hence there are several ways which you can get in touch with the support team such as email, social media, live chat, fax and telephone. You also have the benefit of multi-lingual support. Above all customer can get support by phone to 34 countries. Their website available in English, French, Italian, Spanish, French, German, Portuguese, Arabic, Russian, Japanese, Chinese, Taiwanese.
AvaTrade Detail Information
|Company||Ava Trade Ltd|
|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|| |
|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.|
- Bonus offers
- Trading contests
- Free education
- Personal manager
- PAMM accounts
- Segregated accounts
- Managed accounts
- Islamic accounts available
- Requires sending documents via postal mail
Standard MT4 Account
- Trailing stop
- Pending orders
- One-Cancels-Other (OCO) orders
- One-click trading
- Mobile trading
- Automated trading
AvaTrade Review and Rating
AvaTrade offers a wide range of trading platform. Most noteworthy, AvaTrade provides access to CFDs on popular cryptocurrencies, indices, ETFs, bonds, and hard and soft commodities, including metals. They also includes over 200 Forex pairs. According to their website, they have more than 200,000 traders. AvaTrade provides a good range of research tools and platforms for social copy trading. While they provide only one standard trading account for their customers.
- Strict regulation
- Multilingual support
- Supports cryptocurrency and CFD trading
- Wide range of trading platform
- Demo Account
- Good amount of Bonus
- Only one standard account
- Difficult withdrawal process