Discover the ins and outs of AvaTrade, a leading online trading platform that offers forex, CFDs, cryptocurrencies, and more. Dive into our comprehensive guide for expert insights, tips, and strategies.
Key Takeaways
→AvaTrade is a leading online trading platform for forex, CFDs, cryptocurrencies, and more. |
→The platform offers a user-friendly interface, advanced trading tools, and educational resources. |
→AvaTrade is regulated and trusted by traders worldwide, ensuring a safe trading experience. |
→Consider both the advantages and disadvantages of AvaTrade before deciding if it’s the right platform for you. |
➤ Elite Signals | Stock, Crypto, & Forex
💡 Introduction to AvaTrade
Table of content
- 💡 Introduction to AvaTrade
- 🚀 AvaTrade Features and Trading Tools
- 📈 User-friendly Interface
- 🔧 Advanced Trading Tools
- 🎓 Educational Resources
- 🔍 Pros and Cons of AvaTrade
- ✔️ Pros
- ❌ Cons
- 📊 AvaTrade’s Account Types and Fees
- 🔒 Safety and Security at AvaTrade
- 🏁 Conclusion
- AvaTrade Trading: • Learn more about AvaTrade Trading📝
- Understanding AvaTrade:
- AvaTrade Features:
- Disclaimer And General Risk Warning:
- Author & Expert Trader - Financial Analyst:
Established in 2006, AvaTrade has since grown into a reputable online trading platform that caters to over 200,000 registered clients worldwide. The platform offers various financial instruments, including forex, CFDs, cryptocurrencies, stocks, and more. With a user-friendly interface and a wealth of educational resources, AvaTrade is an ideal choice for both beginners and seasoned traders alike.
🚀 AvaTrade Features and Trading Tools
📈 User-friendly Interface
AvaTrade’s intuitive interface allows traders to navigate the platform with ease, making it an excellent choice for beginners. The platform’s design is clean and uncluttered, ensuring traders can focus on what matters most – their trading strategies.
🔧 Advanced Trading Tools
For experienced traders, AvaTrade offers a suite of advanced trading tools, such as Autochartist and Trading Central. These tools provide in-depth market analysis, helping traders identify potential opportunities and make informed decisions.
🎓 Educational Resources
AvaTrade’s commitment to education is evident in its extensive library of resources, including webinars, video tutorials, and articles. These resources cover a wide range of topics, from trading strategies and risk management to market analysis and platform tutorials.
🔍 Pros and Cons of AvaTrade
✔️ Pros
- Regulated and trusted by traders worldwide
- Wide range of tradable financial instruments
- User-friendly interface and advanced trading tools
- Extensive educational resources
- Competitive spreads and fees
❌ Cons
- Not available to residents of certain countries, such as the United States
- Customer support response times can be slow during peak hours
- Some traders may find the platform’s design too simplistic
📊 AvaTrade’s Account Types and Fees
AvaTrade offers various account types to suit the needs of different traders. These include:
- Standard Account
- Islamic Account
- Professional Account
- Spread Betting Account (for UK and Ireland residents)
- Options Trading Account
Each account type comes with its unique features, tailored to the requirements of specific traders. However, it’s worth noting that the fees and spreads for these account types may vary. Here’s a brief overview of the fees associated with AvaTrade:
Fee Type | Description |
---|---|
Spreads | AvaTrade offers competitive spreads on various financial instruments, starting from as low as 0.9 pips for major forex pairs. |
Overnight Financing | Traders holding positions overnight may incur overnight financing fees, which are calculated based on the instrument and the size of the position. |
Inactivity Fee | An inactivity fee of $50 is charged after three months of inactivity. Following 12 months of inactivity, a monthly administrative fee of $100 is applied. |
Deposit and Withdrawal Fees | AvaTrade does not charge any deposit fees, and the first withdrawal per month is free. However, subsequent withdrawals within the same month may incur a fee of $25. |
🔒 Safety and Security at AvaTrade
AvaTrade takes the safety and security of its clients seriously. The platform is regulated by multiple financial authorities, including the Central Bank of Ireland, the Australian Securities and Investments Commission (ASIC), and the Financial Services Agency of Japan (FSA). This ensures that AvaTrade adheres to strict regulatory guidelines and maintains a high level of transparency and security for its clients.
Moreover, AvaTrade employs industry-standard security measures such as SSL encryption and two-factor authentication (2FA) to protect clients’ personal and financial information.
🏁 Conclusion
AvaTrade is a reliable and user-friendly online trading platform suitable for both beginners and experienced traders. With its wide range of financial instruments, advanced trading tools, and extensive educational resources, AvaTrade provides traders with a comprehensive trading experience. However, as with any trading platform, it’s essential to weigh the pros and cons and conduct thorough research to ensure AvaTrade is the right fit for your trading needs.
By Bart Bregman
Fact checked: by Shrijan Dangol
Our broker rankings are based on thorough research and analysis. We put a strong emphasis on transparency, regulatory oversight, and client feedback.
(Data
last updated:
14-09-2023)
🏢Company Background:
Data | AvaTrade | |
---|---|---|
Regulatory Compliance? | Yes | |
Publicly traded company? | No | |
Does it offer banking services? | No | |
Year Founded | 2006 | |
Country headquarters | Ireland | |
Website Language Options | en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur | |
Separate Client Funds? | Yes | |
Non-ESMA Branches Available? | Yes | |
EU Clients Accepted? | Yes | |
US Clients Accepted? | No | |
Canadian Clients Accepted? | Yes |
➤ Elite Signals | Stock, Crypto, & Forex
Type of assets offered:
Data | AvaTrade | |
---|---|---|
Forex (e.g. USDJPY or EURGBP) | Yes | |
Options and futures (S&P500 Futures or Crude Oil Futures) | No | |
Funds Van(ARK invest or BlackRock Equity Dividend) | No | |
CFDs (Google Share in CFD form) | Yes | |
Cryptos (BTC or ETH) | Yes | |
Stocks and ETFs (TESL or AAPL) | Yes | |
Commodities (Gold or Silver market) | Yes | |
Beginner-friendly (demo-account access) | Yes | |
Advanced /pro (High-frequency trading, algorithmic trading) | Yes, MT4/MT5 for Algo trading | |
Binary option (note this is non-regulated trading, considers EXTREME risk) |
🏛️Tier 1 Regulatory Bodies:
Data | AvaTrade | |
---|---|---|
FSA (Financial Services Authority) | (Body replaced by(FCA) in 2013) | |
FCA (Financial Conduct Authority) | No | |
MAS (Monetary Authority of Singapore) | No | |
FINMA (Swiss Financial Market Supervisory Authority) | No | |
CFTC (Commodity Futures Trading Commission) | No | |
MIFID-ESMA (Markets in Financial Instruments Directive) | Yes | |
ASIC (Australian Securities and Investments Commission) | Yes | |
IIROC (Investment Industry Regulatory Organization of Canada) | Yes | |
SFC (Securities and Futures Commission) | No |
🏛️Tier 2 Regulatory Authorities:
Data | AvaTrade | |
---|---|---|
FMA (Financial Markets Authority) | No | |
CBR (Central Bank of Russia) | No | |
FSCA (Financial Sector Conduct Authority) | Yes | |
SEC (Securities and Exchange Commission) | No | |
DFSA (Dubai Financial Services Authority) | No | |
CBRC (China Banking Regulatory Commission) | No | |
CySEC (Cyprus Securities and Exchange Commission) | No | |
ISA (Israel Securities Authority) | No |
🏛️Tier 3 Regulatory Oversight:
Data | AvaTrade | |
---|---|---|
Offshore Regulators | No | |
MMA (Maldives Monetary Authority) | No | |
EDR (External Dispute Resolution) | No | |
FSA (Seychelles Financial Services Authority) | No | |
SCB (Securities Commission of The Bahamas) | No | |
FSC (Financial Services Commission, Mauritius) | No | |
VFSC (Vanuatu Financial Services Commission) | No | |
IFSC (International Financial Services Commission, Belize) | No | |
CIMA (Cayman Islands Monetary Authority) | No | |
SVG (St. Vincent & Grenadines Financial Services Authority) | No | |
FSRC (Financial Services Regulatory Commission, St. Kitts & Nevis) | No | |
BMA (Bermuda Monetary Authority) | No | |
BVI (British Virgin Islands Financial Services Commission) | Yes |
Max Leverage Options:
Data | AvaTrade | |
---|---|---|
Leverage for Non-EU Clients | 400:1 | |
European Leverage Limits | 30:1 | |
Leverage in Australia | 30:1 | |
US Leverage Restrictions | 0 | |
Canadian Leverage Rules | 400:1 |
📂Account Offerings:
Data | AvaTrade | |
---|---|---|
Demo Account Access | Yes | |
Expiration of Demo Accounts | Yes | |
Account Currency Choices | AUD, EUR, GBP, USD, JPY | |
Standard Accounts | Yes | |
Micro-lots Accounts | Yes | |
Low-cost Account (nano lots) | - | |
Variable Spread Accounts | No | |
Fixed Spread Accounts | Yes | |
Zero Spread Accounts | No | |
ECN Accounts | No | |
Swap-Free Accounts | Yes | |
Islamic Accounts | Yes | |
Professional Trading Accounts | Yes | |
Active Trader Rewards Program | Yes |
💰Deposits and Withdrawals:
Data | AvaTrade | |
---|---|---|
Minimum Deposit Requirements | yes $100 | |
Minimum Withdrawal Limits | No | |
Credit Card Options | Yes | |
Bank Transfer Availability | Yes | |
PayPal Support | Yes | |
Neteller Integration | Yes | |
Skrill Compatibility | Yes | |
Additional Payment Methods | Bank Transfer, Credit Card, PayPal, Neteller, Skrill, | |
Deposit Processing Time | ||
Withdrawal Processing Time | 1 business day |
Fees and Charges:
Data | AvaTrade | |
---|---|---|
Deposit-related Fees | No | |
Commissions on Withdrawals | No | |
Overnight/Swap Charges | Yes | |
Account Inactivity Fees | Yes | |
Currency Conversion Costs | Yes | |
Are bonus Programs Available? | No |
Security Protocols and Measures:
Data | AvaTrade | |
---|---|---|
(2FA) available? | Yes | |
(SSL) security? | Yes | |
(AML) Policy Compliance | Yes | |
Know Your Customer (KYC) | Yes |
🌐Brand Influence:
Data | AvaTrade | |
---|---|---|
Twitter Follower Counts | 37.5K |
💹Forex Fixed Spreads:
Data | AvaTrade | |
---|---|---|
EUR/GBP Spread Range | 1.5 | |
EUR/USD Spread Range | 0.9 | |
USD/JPY Spread Range | 1.5 | |
GBP/USD Spread Range | 2 | |
USD/CHF Spread Range | 2 | |
AUD/USD Spread Range | 2.2 | |
USD/CAD Spread Range | 2 | |
NZD/USD Spread Range | 1.8 |
Trade Execution Methods:
Data | AvaTrade | |
---|---|---|
Direct Market Access (DMA) | Yes | |
Straight Through Processing (STP) | No | |
Electronic Communication Network (ECN) Execution | No | |
Market Maker Model | Yes | |
Non-Dealing Desk (NDD) Approach | No | |
First In, First Out (FIFO) Rule Application | No | |
4-Digit Decimal Pricing | Yes | |
5-Digit Decimal Pricing | Yes |
Order Types & Tools:
Data | AvaTrade | |
---|---|---|
Stop Loss Orders | Yes | |
Take Profit Orders | Yes | |
Limit Orders | Yes | |
Fill or Kill (FOK) Orders | Yes | |
Trailing Stop Orders | Yes | |
Margin Call Alerts | Yes | |
One Cancels Other (OCO) Orders | Yes | |
Guaranteed Stop Loss Orders | No | |
Negative Balance Protection Measures | Yes | |
Minimum Trade Sizes | 0.01 lots | |
Maximum Trade Sizes | 100 lots |
Available Asset Classes:
Data | AvaTrade | |
---|---|---|
Forex Currency Pairs | 60 | |
Cryptocurrencies | 13 | |
Commodities | 16 | |
Equities | - | |
Market Indices | 20 | |
Exchange-Traded Funds (ETFs) | 5 | |
Futures Contracts | No | |
Options Contracts | 44 | |
Bonds | 2 | |
Metals | 4 | |
Agricultural Products | 8 | |
Energy Resources | 4 | |
Interest Rates | No | |
Penny Stocks | ||
Initial Public Offerings (IPOs) | Yes | |
Asset Blends | No | |
Dow Jones Index | No | |
FTSE 100 Index | Yes | |
DAX Index | Yes | |
Nikkei 225 Index | Yes | |
Gold Market Trading | Yes |
Special Account Features:
Data | AvaTrade | |
---|---|---|
Multi-Account Manager (MAM) | Yes | |
Percentage Allocation Money Management (PAMM) | No | |
Social Trading Integration | Yes | |
Copy Trading Support | Yes | |
Lot Allocation Money Management (LAMM) | No |
Supported Trading Techniques:
Data | AvaTrade | |
---|---|---|
Scalping Strategies | Yes | |
Hedging Techniques | Yes | |
Spread Betting Opportunities | Yes | |
Automated Expert Advisor (EA) Integration | Yes | |
Virtual Private Server (VPS) Options | No | |
Application Programming Interface (API) Support | Yes |
Trading Tools and Features:
Data | AvaTrade | |
---|---|---|
One-Click Trade Execution | Yes | |
Signal Trading Availability | Yes | |
Price Alert Notifications | Yes | |
Number of Chart Indicators Offered | 51 | |
Number of Chart Drawing Tools Provided | 31 | |
Direct Trading From Charts | Yes | |
Customizable Watchlist | Yes |
Mobile Trading Compatibility:
Data | AvaTrade | |
---|---|---|
Android App | Yes | |
iOS App | Yes | |
Windows Mobile App | No | |
Mobile Trading Signal Integration | Yes | |
App for Smartwatches | No | |
Forex Mobile Trading | Yes | |
CFD Mobile Trading | Yes | |
Alert Notifications on Mobile Devices | Yes | |
Mobile Charting and Drawing Tools | Yes | |
Languages Supported on Mobile App | en, de, fr, heb, it | |
Watchlist Feature on Mobile App | Yes |
Commodity Offerings:
Data | AvaTrade | |
---|---|---|
Crude Oil Trading | 0.03 | |
Natural Gas Trading | 0.002 | |
Silver Markets | 0.029 | |
Platinum Trading | 1.1 | |
Copper Trading | 0.005 | |
Soybean Contracts | 0.25 | |
Corn Markets | 1 | |
Gold Markets | 0.34 | |
Lithium Markets | Yes |
Stock Trading Fees:
Data | AvaTrade | |
---|---|---|
Apple Shares | $0-$2.50 | |
Amazon (AMZN) Shares | $0-$2.50 | |
Invidia Shares | $0-$2.50 | |
META Shares | $0-$2.50 | |
Ford Motor Co Shares | $0-$2.50 | |
Alphabet (GOOGL) Shares | $0-$2.50 | |
BP Shares | $0-$2.50 | |
Tesco Shares | $0-$2.50 | |
Barclays Shares | $0-$2.50 | |
Lloyds Shares | $0-$2.50 | |
Adobe (ADBE) Shares | $0-$2.50 | |
Microsoft (MSFT) Shares | $0-$2.50 | |
Nvidia (NVDA) Shares | $0-$2.50 |
Index Trading Fees:
Data | AvaTrade | |
---|---|---|
FTSE 100 Fee Structure | 0.5 | |
S&P 500 Fee Structure | 0.25 | |
Dow Jones Fee Structure | 3 | |
Nasdaq Fee Structure | 1 | |
CAC 40 Fee Structure | 1 | |
DAX 30 Fee Structure | 1.5 | |
Nikkei 225 Fee Structure | 10 | |
Euro Stoxx 50 Fee Structure | 1 |
Cryptocurrency Trading Fees: Maker-Taker-Spread
Data | AvaTrade | |
---|---|---|
Bitcoin Fees | 0.01%, 0.03%, Up to 2% | |
Ethereum Fees | 0.01%, 0.03%, Up to 2% | |
Ripple Fees | 0.01%, 0.03%, Up to 2% | |
Binance Coin Fees | 0.01%, 0.03%, Up to 2% | |
Cardano Fees | 0.01%, 0.03%, Up to 2% | |
Solana Fees | 0.01%, 0.03%, Up to 2% | |
Polygon Fees | 0.01%, 0.03%, Up to 2% | |
Dogecoin Fees | 0.01%, 0.03%, Up to 2% | |
Chainlink (LINK) Fees | 0.01%, 0.03%, Up to 2% | |
Polkadot (DOT) | 0.01%, 0.03%, Up to 2% | |
Avalanche (AVAX) | 0.01%, 0.03%, Up to 2% |
Available Trading Platforms:
Data | AvaTrade | |
---|---|---|
cTrader Desktop App | No | |
cTrader Web Interface | No | |
Mirror Trader Platform | Yes | |
ZuluTrade Integration | Yes | |
MT4 Desktop Interface | No | |
MT4 Web Platform | Yes | |
MT5 Desktop App | No | |
MT5 Web Interface | Yes | |
Tradingview | No | |
Proprietary Desktop Software | No | |
Proprietary Web-based Platform | Yes | |
Mac-Compatible Platform Options | Yes | |
Sirix Trading Platform | No |
Education Resources:
Data | AvaTrade | |
---|---|---|
Education Offerings | Yes | |
Webinar Offerings | Yes | |
Platform Tutorial Videos | Yes | |
Beginner-Level Trading Videos | Yes | |
Expert-Level Trading Videos | Yes | |
Tutorial guides | Yes | |
Terminology Glossary | Yes |
Customer Support Options:
Data | AvaTrade | |
---|---|---|
Callback Request Feature | No | |
Email Support Availability | Yes | |
Telephone Support | Yes | |
Live Chat support | Yes | |
Offered Support Languages | en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur |
Research-Tools:
Data | AvaTrade | |
---|---|---|
In-Depth Professional Reports | Yes | |
Social Trading Features - Social Newsfeeds | Yes | |
Economic Event Calendar | Yes | |
Daily Email With Trading Ideas | Yes | |
Analysis From Trading Central (Recognia) | No | |
Analysis From Delkos Research | No | |
AutoChartist Tool | Yes | |
Trader Sentiment Metrics | Yes | |
Twitter-Based News Updates | Yes | |
Facebook-Based News Updates | Yes | |
Daily Market Commentary | Yes |
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