AvaTrade Review, 2021: AvaTrade is one of the most experienced and respected international broker companies. The company was founded in 2006. In all its endeavors AvaTrade maintains state of the art technologies and cutting-edge software, whilst constantly expanding the spectrum of financial instruments and services it offers. During its years of operation, AvaTrade has seen over 1,250,000 accounts being opened by clients from over 190 countries.
Avatrade Broker is an online Forex trading platform founded in 2006. They are part of the AVA group of companies that provides different platforms for “Social Copy Trading.”
Without a doubt, they are considered one of the oldest trading platforms. The company now has four regional offices worldwide: Japan, Australia, Ireland, and the Virgin Islands. As the most prestigious trading platform, they accept clients from all around the globe.
The Avatrade Broker Firm recently announced a partnership with English Premier League to help grow its business and popularity off -course.
Enough of the introduction, right? Let’s now move towards the regulation.
Choosing a platform that is reputable and regulated by the strictest regulations is important. Therefore, it’s important to look for “Regulation” details of the broker to ensure “You’re investing in the right place.”
Several authorities regulate Avatrade broker, and we have listed them down:
This is why they are considered the best online brokerages in terms of Safety, reliability, and off-course Reputability.
So, if your concern is regulation only, then you don’t have to worry about it. Millions of people around the globe trust them.
Cons
Regulated by ASIC
None
Regulated by FSA
Four Regional Offices
Let’s now talk about the account types that Avatrade Broker is offering:
There are different types of account that Avatrade Broker is offering:
If you’re an experienced trader and want something out of the box, then you can contact the Avatrade Broker to open up a Professional Trading Account for you.
Note* The leverage of the Professional Trading Account shall be higher than a standard account
But, they will ask you for at least 12 months of experience certificate in the Financial Sector, Trading Activity of the last 12 months, and holding a $500k portfolio value.
You can give the Professional Trading Account a try before investing in it because they offer a “Demo Account” for that purpose.
Pros
Cons
Different Trading Accounts
None
Special Account for the Experienced Candidates
Minimum Deposit if $100
Let’s now move towards the trading platform.
One of the best things about Avatrade Broker is “The availability of different trading platforms” for trading purposes. You’ve got a lot to choose from; whether you’re a beginner, seasoned investor, or professional, you’ll always find something relevant to you.
Here’s what Avatrade Broker has to offer:
There’s almost everything for everyone, and you can now trade on every single device.
Pros
Cons
User-Friendly Trading Platforms
No Price Alerts
Clear Fee Report
Great Search Functions
Now, let’s move towards the critical information that is linked with the Avatrade Broker.
Avatrade Broker is offering some of the best spreads among all the brokers worldwide, and that’s why people choose them over so many. They are regulated in 5 continents, and here’s the detail of Spread that is linked with Avatrade Broker:
● GBP/USD Spread:
1.0 var
● EUR/USD Spread:
0.7 var
● EUR/GBP Spread:
1.7 var
● Assets:
40+
Note* They are providing more than 50+ Currency Pairs for trading.
Additionally, we are listing down the spreads of “CFDs” as well:
FTSE Spread:
Oil Spread:
Stocks Spread:
That’s all from the spread section, and it’s now time to head towards the “Execution Time” section of the Avatrade Broker.
Here we go!
Like other brokers in the market, Avatrade Broker offers two types of “Execution” for the investors.
Instant Execution is a type of Execution where the client places the order by specifying the “order details.” You can set both volume and price for your assets. This type of Execution is mostly used by the brokers named “Market Maker Broker.”
While, on the other hand; Market Execution is completely different. All the brokers are using this type of Execution because you can buy or sell assets at the current market prices. You don’t have to set a specific volume and price for your assets.
Let’s now move towards the Commission/Fee of the Avatrade Broker.
The commission/Fee of the Avatrade broker is average. The fee structure is easily understandable, and you can calculate it on your own as well.
As discussed above, the minimum opening account fee is $100, and the deposit should go through a credit card or wire transfer.
For Forex trading, Avatrade brokers don't charge you a single penny. The firm does charge you an inactivity fee, which is $50 for not using the platform for more than three months.
They also charge $100 as an administration fee if you’re not using the platform for more than 12 months.
Note* Some of the other charges may include; overnight interest, maturity rollover, and corporate actions.
Avatrade Broker offers them maximum leverage of 1:400 on Forex Trading and Indices for all the residents who live outside Europe. Avatrade Broker is also offering 1:200 leverage on commodities and 1:20 on individual stocks.
Let’s move towards Customer Care Services now!
You can contact the Avatrade Broker via:
They have a great live chat service, and you can get connected with the agent within 5 minutes. Besides the English language, you can contact them in more than seven languages, including; Chinese, French, Russian, Italian, German, and more.
But, the phone call services of Avatrade Broker can be improved. No doubt, you’ll find many numbers to get the information from and that too locally, but the international call gets connected after 3-5 minutes of waiting. This costs too much.
Also, we are missing 24/7 availability from the Avatrade Broker.
Now, it’s time to head towards the account opening and see “How easy it is to open an account and how to withdraw the profited money.”
If you want to open an account on Avatrade Broker, then you’ve to follow the instructions given below:
2. Upon clicking, you’ll be redirected to a registration page, and here’s how the registration page looks like
3. Enter the First Name, Last Name and Email to get started and then click on Create Account and you’re done
4. Verify your account now, and you’re done
Withdrawal and Depositing the money process is pretty simple, and it can be done without “pushing yourself in any complications.”
Let’s figure it out!
Now, it’s time to compare the Avatrade Broker with the best in the business known as “XM Broker.”
Here we go!
XM Broker
Overall Ratings: 4/5
Trust Score: 80
Year Founded: 2009
Publicly Traded: No
Bank: No
ASIC Authorized: Yes
FSA Authorized: No
Forex: Spot Trading: Yes
Social Trading: Yes
Platforms and Tools Rating: 3.5/5
There are two types of trading platforms that Avatrade Broker is dealing with:
Let’s break down the benefits of all:
You can go to the latest “MT5” Trading account because it has more facilities than MT4. But don’t forget that MetaTrader 4 is upgraded as well.
Now, you must be wondering about “How to download the trading platform of Avatrade Broker, right?” Click here to download the trading platform of your choice.
Now, it’s time that we head towards the “Advantages and Disadvantages” of Avatrade Brokers.
Let’s talk about it!
We will take a start from the advantages first and then lead the pack towards the disadvantages. So, without wasting any time further, here we go again!
Let’s now talk about the disadvantages:
From time to time, they change the opening bonuses that are dedicated to new customers. You can view all the promotions by Clicking Here because they change everything after a month or two.
For now, they are offering a 40% deposit bonus for the new customers, and you’ll enjoy it straightaway after the first deposit.
But, there are a few “Terms and Conditions” that you need to follow, and you can ask customer support to make you understand everything.
There’s limited information shared by the Avatrade Broker on the official website, and they share the information when you ask them.
Avatrade Broker is regulated by the world’s best “Regulatory” and has a trust score of 93 out of 100. The account opening is easy, different accounts for beginners, professionals, and experienced investors, great deposit/withdrawal options, and that too free of charge.
The minimum deposit amount is $100, and your account will be ready within no time.
So, that’s all from the topic “Avatrade Broker,” and if you have any questions in mind, feels free to comment down below.
Withdrawals are typically processed and sent within 1 business day. Once the withdrawal is approved and processed, it may take some additional days to receive the payment: For Credit/Debit Cards - up to 5 business days. For e-wallets - 24 hours.
It is a measure of the market's expectation of near term volatility of the prices of S&P 500 stock index options. Currently, AvaTrade does not offer the VIX. You can, however, expand your portfolio with other indices like the Dow Jones or the DAX 30. AvaTrade's list of assets continues to grow.
AvaTrade is committed to providing you, our traders, with the most up to date trading tips, tools and professional coaching advice that will assist you when making trading decisions on the NASDAQ 100 index. Register today and get a welcome bonus of up to $10,000.
For residents outside the European Union, AvaTrade offers maximum leverage of 1:400 on Forex and indices, 1:200 on commodities, 1:20 for individual stocks and shares and ETFs, and 1:20 on cryptocurrencies. Every type of account offered by AvaTrade allows hedging, scalping, and automated trading via Expert Advisors.
AvaTrade's customer support service has a good reputation, partly because they are a well-regulated and global Forex / CFD brokerage, and partly because support is given in a wide variety of languages provided by native speakers – in over 15 different languages.
AvaTrade is considered safe since it is regulated by several authorities globally, including the top-tier Central Bank of Ireland and the Australian Securities and Investments Commission (ASIC).
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