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AvaTrade
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Summary

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.

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AvaTrade is multiple award-winning forex, options and CFD broker renowned for its trading platforms and multiple websites. Established since 2006, AvaTrade has become a global broker with over 20 websites in various languages and regional offices across 5 continents. The broker boasts of over 200,000 clients from over 100 countries. About 2 million trades are executed every month on AvaTrade’s platforms. The broker offers multiple instruments and several platforms which include the popular MetaTrader platforms; MT4 and MT5.

Though AvaTrade is not listed on any exchange and has no bank, it is considered safe because it is a regulated brand and has been in operation for a long time.

Risk disclosure

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating
Trading Features
Accounts Offered
Funding Methods
Client Supports

AvaTrade offers multiple tradable assets including options, forex and CFDs in cryptos, shares, bonds, ETFs, commodities and indices. It offers competitive spreads without commissions. Only $100 is needed to activate a live account. Several proprietary and third-party trading platforms are available.

PROS:
  • • Global broker with more than 20 country-specific websites and over 13 years experience.
  • • Trading on cutting edge platforms including the popular MT4 and MT5 trading platforms.
  • • Regulated in multiple jurisdictions including Australia, Japan, Canada, South Africa, etc
  • • Social trading is available to clients courtesy of ZuluTrade and DupliTrade.
  • • Trading signals and analysis via Autochartist.
CONS:
  • • Inactivity fees of $50 are charged quarterly.
  • • Demo accounts are limited from 3 weeks to 30 days depending on the trading platform.

Fees

3.8

AvaTrade does not charge commissions rather the broker marks up the spread on all assets. The charges are competitive. Inactivity fees are charged.

 

AvaTrade states that it is compensated through the bid-ask spread and does not charge commissions on any trade. The spreads are competitive when compared to other brokers. For example, the benchmark EURUSD averages 0.9 pips.

The spreads on other tradable assets are listed on the broker website. Generally, the spreads are competitive with respect to other brokers.

An inactivity fee of 50 units of the base currency is charged every 3 months of no trading activity. After a year of inactivity, 100 units of base currency ($100/£100/€100) is charged as administration fee.

Currency conversion fees are charged if your deposit currency is different from your account currency. Generally, AvaTrade does not charge deposit or withdrawal fees except otherwise stated.

Account Opening

4.7

Account opening is very fast and hassle free

 

A client is only required to fill a 3-page short form on the broker website to open a new account. If you already have accounts with Facebook or Google, AvaTrade can directly receive your name and profile info from any of these websites. This makes the account opening process faster.

Can you open an account?

Residents of most countries can open accounts with AvaTrade. There are a few exceptions such as United States, Japan, Belgium, Iran, South Korea, etc

 

What is the minimum deposit at AvaTrade?

The minimum deposit is 100 units of the base currency, that is, $100, €100, £100 and AUD 100.

Account types

Unlike other brokers, AvaTrade does not offer different account types with varying features like opening balance, spreads, swap fees, leverage, etc. Only one real or demo account is available.

Swap-free Islamic accounts are available on request by only clients that have verified and funded their trading accounts.

Demo account: This account is meant for practice purposes, so AvaTrade preloads the demo account with a virtual balance of 100,000 units of base currency which may be GBP, AUD and EUR. Unfortunately, it expires after 3 weeks.

Can you open an account?

Select your country of residence to see if you can open an account at AvaTrade!

Deposit and Withdrawal

4.6

Clients can make deposits using popular credit and debit cards, bank wire transfers and e-wallet options. No commissions on deposits are charged.

 

AvaTrade accepts several payment options which include the following:

Bank transfers: The minimum deposit using this method is £500/$100/€500 or ¥50,000 depending on transfer currency. It may take up to 10 days before a deposit reflects in the client’s account.

Debit/Credit cards: All major cards are accepted which includes Visa and Mastercard. The deposit range is €100 to €20,000.

E-wallets: The electronic payment options available include Neteller, Skrill, WebMoney and Perfect Money.

Withdrawals are processed within 24 – 48 hours by AvaTrade and only verified accounts can request for withdrawals.

 

Account base currencies

The base currency depends on the client’s country of residence. AUD is for Australian clients, GBP is for UK clients and so on. EUR and USD are also available.

Trading Platform

4.9

AvaTrade provides its proprietary WebTrader, AvaOptions and AvaTradeGO platforms to all its clients. In addition, the popular MT4 and MT5 platforms are also available.

 

AvaTrade gives its clients a number of choices when it comes to trading platforms. The broker has its proprietary mobile app which is all-inclusive and also the WebTrader which is designed for newbies. The availability of the MetaTrader platforms is a big plus to the broker because these platforms are widely used in the world of forex and CFD trading. Here are the available trading platforms:

MetaTrader 4: The MT4 is the most widely used trading platform because of its versatility, complexity and scalability. It supports expansion via plugin apps, automated trading and technical analysis. It is available on Windows and MAC computers as well as mobile devices. It is also available as WebTrader which runs on web browsers.

MetaTrader 5: This was designed to replace to MT4 but due to compatibility issues, it is unable to do so. Though it looks similar to MT4, the MT5 is more powerful and comes with extra features and more complexity.

AvaOptions: This is a platform designed for trading ‘options’. It is available on Windows computers as well as iOS and Android devices.

AvaTradeGO: This is AvaTrade’s flagship mobile app developed for android and iOS devices. The app is intuitive and comprehensive and comes with tools for account management, charting, order management and market trends.

WebTrader: This is a user-friendly trading platform designed specifically for beginner traders. The platform requires no downloads and comes with live market sentiment and technical analysis tools.

DupliTrade: This is an MT4 based social trading platform available for clients who wish to copy the trades of other expert traders.

ZuluTrade: This is an automated social trading platform powered by ZuluTrade; the popular social trading network with thousands of signal providers and copiers.

Markets and Products

4

AvaTrade is a forex, options and CFD broker which provides access to trade over 1,000 assets on its platforms.

 

AvaTrade affirms that its clients can trade over 1,000 assets on its trading platforms. In this area, AvaTrade ranks low when compared to other brokers like IG which provides access to trade over 17,000 assets.

However, the broker offers multiple asset classes when compared to most brokers. AvaTrade offers trading in currency pairs, bonds, stock CFDs, Vanilla options, Exchange Traded Funds (ETFs), commodities, option, indices and cryptocurrencies.

Research

3.5

AvaTrade provides some research tools on its websites and platforms

 

AvaProtect: This is a feature exclusive on the AvaTradeGO mobile app which serves as a risk management tool that protects client trades from losses within a specified time frame.

The economic calendar is provided on the broker website. This tool is very important in fundamental analysis.

AvaTrade provides its clients with the ‘Guardian angel’ which is a customizable software tool designed to improve trading decisions and results. It is preloaded with the MetaTrader platforms.

Autochartist is a powerful software that provides technical analysis on several instruments as well as trading signals. It is available to AvaTrade clients as an MT4 plugin tool.

AvaTrade directs its clients to sharptrader.com which is a separate website built for updated market news, analysis and training. Unfortunately, the analyses are yet to be updated. This puts AvaTrade behind other competitors in terms of in-depth market analysis, trading insights and breaking news.

Customer Service

4

AvaTrade has a multilingual customer support team which can be reached via multiple channels.

­

AvaTrade lists about 38 customer support phone numbers from different countries across the world. Clients will simply call the support number applicable to their jurisdiction and they will speak to a customer care representative in their own language. Thus, the support team is efficient and multilingual.

The support team can also be reached via email and instant web chat on a 24/5 basis. On social media, they can be contacted via Facebook, Instagram, Twitter and YouTube.

The support centre has a Frequently Asked Questions (FAQs) page where they answer the most usual questions posed by prospective clients.

Education

5

AvaTrade has an exhaustive training package for its clients in form of articles, videos and eBook. Sharp trader is also available trader education.

 

AvaTrade has a comprehensive trading academy on its website. The broker ranks high in trader education when compared to other competing brokers. The Education section of the website consists of the following sections:

Trading for beginners: This section contains articles and videos targeted at beginner traders. It has over 50 articles introducing forex, CFDs, options trading. Also, there are lessons on analyses, trading psychology, swaps, economic policies, central banks, etc.

Professional trading: This section focuses on analysis methods especially technical analysis using various indicators. Over 25 technical indicators are discussed through articles and video lessons.

Economic indicators: This section discusses 10 economic indicators and how each one of them affects the financial markets.

Blog: AvaTrade maintains an updated blog featuring special reports, analysis, reviews and news from the financial markets.

Trading Videos: This section consists of over 50 video lessons on forex and CFD trading. The videos are animated, loud and clear.

Order types: These lessons discuss the various order types and how traders can optimize each order.

eBook: An eBook is available on request by filling the form on the eBook request page.

Sharp Trader: This is a website built by AvaTrade exclusively for its clients. www.sharptrader.com is loaded with training resources.

Safety

AvaTrade is regulated in 6 jurisdictions across the world.

 

Is AvaTrade regulated?

Yes, AvaTrade asserts that it is regulated by 6 regulatory authorities across 5 continents.

The brand is regulated as follows:

  • AVA Trade EU Ltd is regulated by the Central Bank of Ireland.
  • AVA Trade Ltd is regulated by the Financial Services Commission of the British Virgin Island (FSC BVI)
  • Ava Capital Markets Australia Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC)
  • Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA)
  • Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (FSA) and the Financial Futures Association of Japan (FFAJ)
  • Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA)

 

Is AvaTrade safe?

With respect to its wide coverage (5 continents), regulations and over a decade of existence, it can be deduced that AvaTrade is a safe brokerage.

How you are protected?

All clients’ deposits are held in segregated accounts which are not used by AvaTrade for its own operations. SSL is implemented across its website and platforms.

Bottom Line

AvaTrade is a brand that has been growing from strength to strength and expanding its operations across the world. With multiple assets available for trading on multiple cutting-edge platforms, the broker is soaring higher and attracting clients from all over the world. To further assist its clients, AvaTrade provides trading education, research, trends and other trading tools like Autochartist and guardian angel.

But, the broker lacks behind in terms of in-house fundamental and technical analyses as well as daily outlooks, market news and trading ideas. The brand also charges inactivity fees and administrative fees. Unfortunately, demo accounts expire within a month or less, thereby forcing newbies to open live accounts.

In summary, AvaTrade is a recommended broker especially for its multiple regulations, generous platforms and low spreads without commissions.

 

 

Risk Disclaimer

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

AvaTrade started off in Ireland as AvaFX in 2006, when it rebranded to AvaTrade in order to shift to multi-asset trading as soon as it begun to offer more products than just Forex, which now include CFDs, Stocks and others explained further along the Review.

Since 2006, AvaTrade has managed to grow and hold multiple offices in more than 11 countries, whilst simultaneously being regulated by the Central Bank of Ireland, FSA in Japan, FSB in South Africa, ASIC in Australia, and the FSC in the B.V.I.

AvaTrade has won numerous awards which can be seen at the Brokers About Page, during the period 2009 – 2016, confirming the high quality of services offered to their clients.

The Broker has a minimum deposit requirement of $100 which is not the lowest we have seen in the industry, but offers it’s website in 23 different languages, which is definitely on par with the rest of the industry.

AvaTrade Client Experience

We generally like AvaTrades’ Website as it is a breeze to navigate through and find out all the details needed from the company. The registration process is also pretty straight-forward as it allows clients to register via Facebook and Google which shortens the process a little.

Due to the brokers reach globally with office setups, their support department is practically always available, and there is a dedicated Phone Number for each country to call which is fantastic.

Clients have the ability to choose from a Demo and Real Account, but newbie traders also benefit from AvaTrades’ Educational Resources which include Trading for Beginners, Videos, Economic Indicators as well as an eBook that covers general Trading topics.

AvaTrade has a Bonus Calculator which allows new clients to calculate the bonus amount they will receive. This can be accessed at https://goo.gl/UTFrcq. Through a couple of calculations we did, we noticed that the maximum percentage of bonus a new Client can get is 35%, and this is maxed out at $14,000, when a client’s initial deposit is $40,000.

AvaTrade Homepage 2018
AvaTrade Homepage 2018

Overall, our experience with AvaTrade was good. Clients have the option of choosing a Leverage of up to 200:1 on various CFDs. Execution was good, but definitely not the fastest we have seen from the big players of the Industry, as News Trading can get a bit ‘sticky’.

AvaTrade allows its clients to choose between floating and fixed spreads, where it advertises the latter as being typically more expensive. Its pricing being relatively average, whilst more on the expensive side during News and at periods with thin liquidity.

AvaTrade Spreads
AvaTrade Spreads

AvaTrade Products

AvaTrade has extended its initial offering of only Forex when it started off as AvaFX back in 2006. The Broker now offers 59 Forex currency pairs, 37 currency pairs for options, along with 7 Cryptocurrencies to trade from. Indices are also available to trade for North America, Asia & Australia and Europe.

Apart from the above, AvaTrade has also introduced CFDs, ETFs, Commodities and Bonds, which AvaTrade’s currently offers more than 160 CFDs, primarily consisting of stocks from the United States, United Kingdom, Spain, Germany, France and Italy.

Cryptocurrency Trading has now become an essential offering that is more and more frequently included in Brokers available instruments for trade. AvaTrade currently offers the most popular Cryptocurrencies for trading, which are Bitcoin, Ethereum, Ripple, Dash, Litecoin, Monero and NEO, although these will have leverage limited to 20:1, which is actually quite higher than what other Brokers allow for Crypto Trading.

AvaTrade Trading Conditions

AvaTrade allows its clients to choose between floating and fixed spreads, where it advertises the latter as being typically more expensive. Its pricing being relatively average, whilst more on the expensive side during News and at periods with thin liquidity.

AvaTrade Account Types

AvaTrade has 2 main types of trading accounts, a demo account and live trading accounts. The live accounts are categorized into 4 different sub types namely the Silver account which requires a minimum deposit of $100. The second type of live trading account is the Gold account which requires a minimum deposit of $1000 to open. The premium account levels at AvaTrade consist of the Platinium and Ava Select accounts which require a minimum deposit of $10,000 and $100,000 respectively. For traders wishing to trade the markets according to Islamic Syariah law, AvaTrade has also made available the Islamic account which offer interest free trading.

AvaTrade Commissions & Fees

AvaTrade practises commission free trading buy levy a spreads on the trades which traders make on its trading platforms. The spreads offered are competitive and goes as low as 0.7 pip for the benchmark EUR/USD currency pair.

AvaTrade Platforms and Tools

AvaTrade has done an amazing job with the Platforms it offers, as it satisfies the needs of expert and newbie traders.

First off, AvaTrade offers MetaTrader 4, which is the most popular Trading Platform in the world. The majority of Traders prefer MT4 due to its versatility and compatibility with a lot of Expert Advisors (EAs), Indicators, and other third party scripts and software.

AvaTradeAct, another platform provided by the Broker which is developed by ActTrader Technologies INC., offers a similar trading experience as with MetaQuotes, packs a satisfactory 42 of its own Indicators and has a slightly more visual interface which newbie traders may prefer along with a Mobile Version for trading on the go. Upon further interaction with the Platform, more advanced tools and features appear, such as automated trading strategies that are available to be customized, which make the platform more suitable for advanced users.

In order to attract newbie traders, AvaTrade seems to believe that Automated Trading is the way to go, as the Broker has adopted 4 third-party popular Automated Trading Platforms which are ZuluTrade, DupliTrade, RoboX and Mirror. These platforms enable clients to automatically copy the trades of a handpicked group of trading experts, and open the positions in their own Trading Account.

Lastly, for clients looking to trade Options, AvaTrade offers their AvaOptions Platform, which is available for PC and Web Trading.

Is AvaTrade Mobile Friendly?

To support traders who are constantly on the move, AvaTrade has also provided mobile trading apps for android and iOS powered devices. With these mobile apps, traders at AvaTrade will get to enjoy seamless integration with the desktop and web based trading platforms provided by AvaTrade.

AvaTrade Promotions

Due to regulatory restrictions, AvaTrade does not offer any kind of promotional offers.

AvaTrade Deposits & Withdrawals

AvaTrade allows Deposits and Withdrawals via Credit Cards, Skrill, Neteller, Paypal, Wire Transfer, Webmoney and last but not least Bitcoin! However, it should be noted that not all Payment Methods are available for clients that are from Europe and Australia.

As other industry leaders, AvaTrade covers any transaction fees on Deposits, and has a Minimum Deposit of $100 via Credit/Debit Cards, and a $500 Minimum Deposit via Bank Wire.

In addition to the above, the Broker also offers the Ava Debit MasterCard which is issued by Payoneer. The card takes approximately a month to be delivered, and can be used for Deposits & Withdrawals in AvaTrade, but also for ATM Withdrawals and store purchases.

AvaTrade Customer Support

For the bulk of inquiries that traders at AvaTrade have, the comprehensive FAQ will be able to address most of the questions asked. In the event that the traders require interaction with the support team at AvaTrade, several avenues of communication channels are available. They include live chat support, telephone support, email support and social media support.

AvaTrade Research and Education

Understanding that educating and enriching their clients with proper knowledge will allow them to embark on a successful online trading career, AvaTrade has strived to provide adequate support in the area of research and trading education. The educational resources are available in several formats such as training videos, ebooks and tutorials. For research materials, traders at AvaTrade have access to an economic calendar, trading signals and in-house market analysis.

Noteworthy Points to mention for AvaTrade

There are several factors which can be said to set AvaTrade apart from other brokers in the industry. They include providing its traders with a range of critical trading tools such as expert advisors (EAs), access to Trading Central and dealing room support.

Conclusion for AvaTrade

Overall, AvaTrade offers its traders reasonably competitive spreads. They are also able to provide their traders with a selection of trading platforms to suit differing types of trading environment. But most of all, traders at AvaTrade can rest assured that their money is safe, since it is a regulated broker.

  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.

  • AvaTrade is multiple award-winning forex, options and CFD broker renowned for its trading platforms and multiple websites. Established since 2006, AvaTrade has become a global broker with over 20 websites in various languages and regional offices across 5 continents. The broker boasts of over 200,000 clients from over 100 countries. About 2 million trades are executed every month on AvaTrade’s platforms. The broker offers multiple instruments and several platforms which include the popular MetaTrader platforms; MT4 and MT5.

    Though AvaTrade is not listed on any exchange and has no bank, it is considered safe because it is a regulated brand and has been in operation for a long time.

    Risk disclosure

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • AvaTrade does not charge commissions rather the broker marks up the spread on all assets. The charges are competitive. Inactivity fees are charged.

     

    AvaTrade states that it is compensated through the bid-ask spread and does not charge commissions on any trade. The spreads are competitive when compared to other brokers. For example, the benchmark EURUSD averages 0.9 pips.

    The spreads on other tradable assets are listed on the broker website. Generally, the spreads are competitive with respect to other brokers.

    An inactivity fee of 50 units of the base currency is charged every 3 months of no trading activity. After a year of inactivity, 100 units of base currency ($100/£100/€100) is charged as administration fee.

    Currency conversion fees are charged if your deposit currency is different from your account currency. Generally, AvaTrade does not charge deposit or withdrawal fees except otherwise stated.

  • 3
  • Account opening is very fast and hassle free

     

    A client is only required to fill a 3-page short form on the broker website to open a new account. If you already have accounts with Facebook or Google, AvaTrade can directly receive your name and profile info from any of these websites. This makes the account opening process faster.

    Can you open an account?

    Residents of most countries can open accounts with AvaTrade. There are a few exceptions such as United States, Japan, Belgium, Iran, South Korea, etc

     

    What is the minimum deposit at AvaTrade?

    The minimum deposit is 100 units of the base currency, that is, $100, €100, £100 and AUD 100.

    Account types

    Unlike other brokers, AvaTrade does not offer different account types with varying features like opening balance, spreads, swap fees, leverage, etc. Only one real or demo account is available.

    Swap-free Islamic accounts are available on request by only clients that have verified and funded their trading accounts.

    Demo account: This account is meant for practice purposes, so AvaTrade preloads the demo account with a virtual balance of 100,000 units of base currency which may be GBP, AUD and EUR. Unfortunately, it expires after 3 weeks.

  • 4
  • Clients can make deposits using popular credit and debit cards, bank wire transfers and e-wallet options. No commissions on deposits are charged.

     

    AvaTrade accepts several payment options which include the following:

    Bank transfers: The minimum deposit using this method is £500/$100/€500 or ¥50,000 depending on transfer currency. It may take up to 10 days before a deposit reflects in the client’s account.

    Debit/Credit cards: All major cards are accepted which includes Visa and Mastercard. The deposit range is €100 to €20,000.

    E-wallets: The electronic payment options available include Neteller, Skrill, WebMoney and Perfect Money.

    Withdrawals are processed within 24 - 48 hours by AvaTrade and only verified accounts can request for withdrawals.

     

    Account base currencies

    The base currency depends on the client’s country of residence. AUD is for Australian clients, GBP is for UK clients and so on. EUR and USD are also available.

  • 4
  • AvaTrade provides its proprietary WebTrader, AvaOptions and AvaTradeGO platforms to all its clients. In addition, the popular MT4 and MT5 platforms are also available.

     

    AvaTrade gives its clients a number of choices when it comes to trading platforms. The broker has its proprietary mobile app which is all-inclusive and also the WebTrader which is designed for newbies. The availability of the MetaTrader platforms is a big plus to the broker because these platforms are widely used in the world of forex and CFD trading. Here are the available trading platforms:

    MetaTrader 4: The MT4 is the most widely used trading platform because of its versatility, complexity and scalability. It supports expansion via plugin apps, automated trading and technical analysis. It is available on Windows and MAC computers as well as mobile devices. It is also available as WebTrader which runs on web browsers.

    MetaTrader 5: This was designed to replace to MT4 but due to compatibility issues, it is unable to do so. Though it looks similar to MT4, the MT5 is more powerful and comes with extra features and more complexity.

    AvaOptions: This is a platform designed for trading ‘options’. It is available on Windows computers as well as iOS and Android devices.

    AvaTradeGO: This is AvaTrade’s flagship mobile app developed for android and iOS devices. The app is intuitive and comprehensive and comes with tools for account management, charting, order management and market trends.

    WebTrader: This is a user-friendly trading platform designed specifically for beginner traders. The platform requires no downloads and comes with live market sentiment and technical analysis tools.

    DupliTrade: This is an MT4 based social trading platform available for clients who wish to copy the trades of other expert traders.

    ZuluTrade: This is an automated social trading platform powered by ZuluTrade; the popular social trading network with thousands of signal providers and copiers.

  • 4
  • AvaTrade is a forex, options and CFD broker which provides access to trade over 1,000 assets on its platforms.

     

    AvaTrade affirms that its clients can trade over 1,000 assets on its trading platforms. In this area, AvaTrade ranks low when compared to other brokers like IG which provides access to trade over 17,000 assets.

    However, the broker offers multiple asset classes when compared to most brokers. AvaTrade offers trading in currency pairs, bonds, stock CFDs, Vanilla options, Exchange Traded Funds (ETFs), commodities, option, indices and cryptocurrencies.

  • 4
  • AvaTrade provides some research tools on its websites and platforms

     

    AvaProtect: This is a feature exclusive on the AvaTradeGO mobile app which serves as a risk management tool that protects client trades from losses within a specified time frame.

    The economic calendar is provided on the broker website. This tool is very important in fundamental analysis.

    AvaTrade provides its clients with the ‘Guardian angel’ which is a customizable software tool designed to improve trading decisions and results. It is preloaded with the MetaTrader platforms.

    Autochartist is a powerful software that provides technical analysis on several instruments as well as trading signals. It is available to AvaTrade clients as an MT4 plugin tool.

    AvaTrade directs its clients to sharptrader.com which is a separate website built for updated market news, analysis and training. Unfortunately, the analyses are yet to be updated. This puts AvaTrade behind other competitors in terms of in-depth market analysis, trading insights and breaking news.

  • 3
  • AvaTrade has a multilingual customer support team which can be reached via multiple channels.

    ­

    AvaTrade lists about 38 customer support phone numbers from different countries across the world. Clients will simply call the support number applicable to their jurisdiction and they will speak to a customer care representative in their own language. Thus, the support team is efficient and multilingual.

    The support team can also be reached via email and instant web chat on a 24/5 basis. On social media, they can be contacted via Facebook, Instagram, Twitter and YouTube.

    The support centre has a Frequently Asked Questions (FAQs) page where they answer the most usual questions posed by prospective clients.

  • 4
  • AvaTrade has an exhaustive training package for its clients in form of articles, videos and eBook. Sharp trader is also available trader education.

     

    AvaTrade has a comprehensive trading academy on its website. The broker ranks high in trader education when compared to other competing brokers. The Education section of the website consists of the following sections:

    Trading for beginners: This section contains articles and videos targeted at beginner traders. It has over 50 articles introducing forex, CFDs, options trading. Also, there are lessons on analyses, trading psychology, swaps, economic policies, central banks, etc.

    Professional trading: This section focuses on analysis methods especially technical analysis using various indicators. Over 25 technical indicators are discussed through articles and video lessons.

    Economic indicators: This section discusses 10 economic indicators and how each one of them affects the financial markets.

    Blog: AvaTrade maintains an updated blog featuring special reports, analysis, reviews and news from the financial markets.

    Trading Videos: This section consists of over 50 video lessons on forex and CFD trading. The videos are animated, loud and clear.

    Order types: These lessons discuss the various order types and how traders can optimize each order.

    eBook: An eBook is available on request by filling the form on the eBook request page.

    Sharp Trader: This is a website built by AvaTrade exclusively for its clients. http://www.sharptrader.com is loaded with training resources.

  • 5
  • AvaTrade is regulated in 6 jurisdictions across the world.

     

    Is AvaTrade regulated?

    Yes, AvaTrade asserts that it is regulated by 6 regulatory authorities across 5 continents.

    The brand is regulated as follows:

    • AVA Trade EU Ltd is regulated by the Central Bank of Ireland.
    • AVA Trade Ltd is regulated by the Financial Services Commission of the British Virgin Island (FSC BVI)
    • Ava Capital Markets Australia Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC)
    • Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA)
    • Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (FSA) and the Financial Futures Association of Japan (FFAJ)
    • Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA)

     

    Is AvaTrade safe?

    With respect to its wide coverage (5 continents), regulations and over a decade of existence, it can be deduced that AvaTrade is a safe brokerage.

    How you are protected?

    All clients’ deposits are held in segregated accounts which are not used by AvaTrade for its own operations. SSL is implemented across its website and platforms.

  • AvaTrade is a brand that has been growing from strength to strength and expanding its operations across the world. With multiple assets available for trading on multiple cutting-edge platforms, the broker is soaring higher and attracting clients from all over the world. To further assist its clients, AvaTrade provides trading education, research, trends and other trading tools like Autochartist and guardian angel.

    But, the broker lacks behind in terms of in-house fundamental and technical analyses as well as daily outlooks, market news and trading ideas. The brand also charges inactivity fees and administrative fees. Unfortunately, demo accounts expire within a month or less, thereby forcing newbies to open live accounts.

    In summary, AvaTrade is a recommended broker especially for its multiple regulations, generous platforms and low spreads without commissions.

     

     

    Risk Disclaimer

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • Ireland
  • 100
  • 2006
  • https://go.offerigs.com/click?o=6&a=34
  • • Global broker with more than 20 country-specific websites and over 13 years experience.
    • Trading on cutting edge platforms including the popular MT4 and MT5 trading platforms.
    • Regulated in multiple jurisdictions including Australia, Japan, Canada, South Africa, etc
    • Social trading is available to clients courtesy of ZuluTrade and DupliTrade.
    • Trading signals and analysis via Autochartist.

  • • Inactivity fees of $50 are charged quarterly.
    • Demo accounts are limited from 3 weeks to 30 days depending on the trading platform.

Specification: AvaTrade

Connectivity CySEC

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Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.

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