AvaTrade Review

AvaTrade
50% up to $10,000
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Overview

AvaTrade, formally known as AvaFX, founded in 2006 is one of the most popular and most used internet brokers worldwide. Recently they changed their name to AvaTrade. The reason of… more

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Details

Broker AvaTrade
Website URL www.avatrade.com
Founded 2006
Headquarters Dublin
Support Number 1-888-541-3720
Support Types Email, Fax, Phone, Live Chat, Contact us button on website
Languages English, French, Italian, German, Portugese, Arabic, Zwedish, Mandarin Chinese, Japanese, Korean.
Trading Platform Ava Trader, Metatrader 4, Floating Spreads, AvaOptions, Automated Trading, Web Trading, Mac Trading, Mobile Trading
Minimum 1st Deposit $100
Minimum Account Size $100
Minimum Trade Amount $1
Maximum Trade Amount $100,000
Bonus 50% up to $10,000
Payout within 48 hours
Leverage 1:10 to 1:200
Spread Tight fixed spreads, floating spreads available on Floating Spreads account.
Free Demo Account Open Demo
Regulated Yes
Regulation Regulated by the central bank of Ireland under license number: C53877
Commissions Yes
Commission Info There are no hidden withdrawal fees on AvaTrade.
Account Types Demo, Silver, Gold, Platinum, Ava Select
Deposit Methods Credit Cards, Wire transfer, Skrill/Moneybookers, PayPal, Neteller, iDeal
Withdrawal Methods Credit Cards, Wire transfer, Skrill/Moneybookers, PayPal, Neteller, iDeal
Trading Methods scalping, hedging, stop-loss, guaranteed stop, trailing stop
Number of Assets 1,000+
Expiry Times The expiry time on options offered on AvaOptions varies from 60 seconds to one week.
Types of Assets Trade more than 1,000 different stocks, commodities, currency pairs, indices and options
Option Types It is possible to trade 24/5 in options on AvaOptions
Trading Currency It is possible to trade all major forex pairs, most minor pairs and some exotic like USD/BTC, United States Dollars versus Bitcoin.
Account Currency You can fund your AvaTrade account with most major accepted currencies and these will be converted to the account currency you prefer.
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 8

Full Review

AvaTrade, formally known as AvaFX, founded in 2006 is one of the most popular and most used internet brokers worldwide. Recently they changed their name to AvaTrade.

The reason of the name change is possibly to get higher in Google. Today, AvaTrade offers her clients more than ever. The number of assets one can trade has greatly increased. With their headquarters based in Dublin, Ireland and not on some remote island AvaTrade makes a more reliable first impression compared to most internet brokers.

24/7 Cryptocurrency Trading at AvaTrade

AvaTrade offers all traders the opportunity to trade a wide range of top-ranked digital coins 24/7. Due to the massive popularity of cryptocurrencies over the past couple of years, they have become a conventional and popular asset. The main purpose of this new technology is to allow people to buy, trade and invest without having to rely on banks or any other financial institutions.



Islamic Forex Trading at AvaTrade

AvaTrade has introduced its Islamic trading account, fully in line with Islam rules. Customers with an Islamic trading account will not be charged daily swaps. The swap fees are fully replaced in the MT4 platform by daily administration fees on all Forex trading products.

Find out what Swaps are in this blog post

AvaTrade Trading Platforms

The changes AvaFX went through to become AvaTrade are not only graphical. New features where added and several new trading platforms where added to the mix. Currently traders can choose between 8 different trading platforms at AvaTrade.

Automatic trading

With this type of account you can trade the markets using Expert Advisors and/or automatic trading systems like Ayondo, Currensee, MirrorTrader and ZuluTrade. With AvaTrade’s auto-trading software and automatic trading account traders can trade the markets on full auto-pilot.

AVAOptions

On AvaTrade trading platform traders can trade options in contrast to forex and CFD’s.

AvaTrader

This is the standard AvaTrade web-based trading platform. With dynamic charting and news feed widgets easy to understand and simple to use.

Mac Trading

Specially designed for Mac and IOS devices this tradingplatform allows traders to trade the markets using Apple products in a simple and stylish way.

Meta Trader 4

The standard tradingplatform to trade the online forex market with. With the many features available on MT4 this terminal is suggested for most beginning traders.

Mobile Trading

This is the mobile version of AvaTrade’s AvaTrader. Easy to use and programmed to match any smartphone or tablet screensize.

MT4 Floating Spreads

With the MT4 Floating Spread Platform traders benefit from lower spreads by direct access to inter banking liquidity.

New features since AvaFX changed to AvaTrade:

With these new features traders have more time free to spend on their trading activities rather than searching for news that impacts stocks.

Practice cryptocurrency and stock trading on AvaTrade



Start trading MetaTrader 4 with AvaTrade

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Multiple Trading Platforms to choose from
  • Easy to use User Interface
  • Free $100,000 demo account to practice on

Reviews

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Decleration:
I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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