AvaTrade Review for 2019

AvaTrade Rated 5/5

AvaTrade Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of AvaTrade we break down the pros and cons. What AvaTrade are able to offer, what countries AvaTrade are available in. Who AvaTrade are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Open AvaTrade's Website

As with any investment your capital is at risk, losses can exceed deposits.

At the bottom of this review you can also learn about some pretty good alternatives to AvaTrade

With this review we hope to help you see if AvaTrade is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding AvaTrade that will help you get off to a good start in the world of online trading.

AvaTrade what you should know

AvaTrade offer four ways to trade: Forex, CFDs, Spread Betting, Social Trading.

With AvaTrade you will need a minimum deposit of $250. You can sign up for a demo account to acquaint yourself with AvaTrade platform.

AvaTrade are able to accommodate various levels of traders whether you are experienced or a beginner.


Are AvaTrade safe?

When choosing a broker like AvaTrade the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2006, and in operation for 13 years AvaTrade have a head office in The British Virgin Islands.

AvaTrade is regulated. This means AvaTrade are supervised by and is checked for conduct by the Central Bank of Ireland, ASiC, FSA, FSB and BVI regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to AvaTrade, this will be honored. If AvaTrade violate any regulatory rules their regulated status could be stripped.

Any payments funded to AvaTrade accounts by traders are held in a segregated bank account.

For added security AvaTrade use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with AvaTrade. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit AvaTrade

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 200,000 traders
  • Established in 2006
  • Regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI
  • Min. deposit from $250

What we don't like

AvaTrade General Fees

  • AvaTrade doesn't charge withdrawal fees
  • AvaTrade doesn't charge inactivity fees

AvaTrade Commissions

  • AvaTrade doesn't charge commission on CFD shares

What can you trade with AvaTrade?

You can trade a wide variety of instruments with AvaTrade over 250 instruments infact.

If you are looking at trading currency pairs AvaTrade offer over 80 currency pairs.

Compare AvaTrade with Interactive Brokers and XTB below.

FX / Currencies AvaTrade IB XTB
# of forex pairs offered 80 10 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies Yes No Yes
Commodity CFDs AvaTrade Interactive Brokers XTB
# of commodities offered 16 0
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs AvaTrade Interactive Brokers XTB
# of Stocks offered 99 1500
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
AvaTrade's
Instruments
IB's
Instruments
XTB's
Instruments

Trading on AvaTrade web platforms and other applications

AvaTrade offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An AvaTrade IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

AvaTrade also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See AvaTrade's platforms

AvaTrade Trading benefits :

  • Allows scalping
  • Allows hedging
  • Low min deposit

AvaTrade Trading Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account

Can I try AvaTrade before I buy?

AvaTrade offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do AvaTrade accept?

AvaTrade offer the below funding payment methods. learn more about AvaTrade

  • Credit cards
  • Bank Transfer
  • PayPal
  • Payoneer
  • Neteller

How can I start trading with AvaTrade?

When opening a trading account with AvaTrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on AvaTrade trading platforms here.

Performing trades with AvaTrade

AvaTrade allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker, AvaTrade may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, AvaTrade offer margin up to 0.05% on currencies.

Support at AvaTrade

AvaTrade support a wide range of languages including English, Italian, German, French, Greek, and Hebrew

AvaTrade have a triple AAA grade support rating because they offer a wide range of languages, live chat, phone and email support.

What you will need to open an account with AvaTrade

As AvaTrade is regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore AvaTrade's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with AvaTrade you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.avatrade.com/ on 12th August 2018.

AVATRADE Frequently Asked Questions

Can I try AvaTrade before I buy?

AvaTrade offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do AvaTrade accept?

AvaTrade offer the below funding payment methods accept Credit cards, Bank Transfers, PayPal, Payoneer, Neteller, among other payment methods. Learn more here

How can I start trading with AvaTrade?

When opening a trading account with AvaTrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on AvaTrade trading platforms here.

Is my money safe with AvaTrade?

AvaTrade is regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI. One of the most important criteria for traders when choosing a broker like AvaTrade is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to AvaTrade, this will be honored. If they violate any regulatory rules their regulated status can be stripped.