Avatrade Review and Tutorials 2020

AvaTrade is a leading international forex broker and part of the AVA group of companies. Founded in 2006, AvaTrade is one of the oldest online brokerages. Our review details the trading platform, mobile app, deposit methods and MT4 integration. We also compare trading costs, spreads and leverage. Whatever you want to trade, from Bitcoin to vanilla options, make sure Avatrade is right for you.

 

 

The company currently has four offices worldwide in Japan, Australia, Ireland and the British Virgin Islands. AvaTrade is one of the largest and most respected online brokerages in the world, catering to a wide range of clients and accepting trading accounts in a variety of currencies.

Additionally, the company recently announced a major partnership with English Premier League champions Manchester City, highlighting the brand’s growth and visibility.

Regulation and Reputation

Choosing a Forex Broker that is regulated by a reputable regulatory body is of utmost importance. This is because regulatory status helps ensure a company’s credibility and competence. AvaTrade is a reputable company regulated by various authorities around the world.

• In Europe the broker is regulated by the Central Bank of Ireland under License # C53877.
• In Australia the broker is licensed by ASIC under License # 406684
• For Japan, the broker is licensed by FSA under license #1662 and FFA under license #1574.
• In South Africa, the broker is licensed by the FSB under License # 45984.

AvaTrade is one of the best online brokerages in the industry in terms of reputation and reliability, you can trade with confidence. The company has won numerous awards for “Best Customer Support”, “Best Alert System”, “Best Financial Derivatives Trading Provider”, and ” Best Forex Broker Years ”

The company also opened a market in Canada through a partnership with Friedberg Direct. Friedberg Direct is a division of Friedberg Mercantile Group Ltd., which is a member of the Canadian Investment Industry Regulatory Organization (IIROC), the Canadian Investor Protection Fund (CIPF), and most Canadian exchanges. Friedberg Mercantile Group Ltd. is headquartered at Suite 250 181 Bay St., M5J 2T3 ON Toronto, Canada.

Types of trading platforms available

One of the most impressive aspects of AvaTrade is the number of trading platforms available to traders. Whether you are a beginner, a seasoned trading veteran or just about anyone else, there is literally something for everyone here. The following platforms offered by AvaTrade are:

• MetaTrader 4 platform
• MetaTrader 5 platform
• MetaTrader for Mac
• MetaTrader for Mobile Trading (Avatrade app direct here Download Please )
• MetaTrader for web trading
• AvaTradeAct platform (proprietary platform)

 

In addition to these platforms, AvaTrade offers a range of automated trading software to suit everyone’s needs. next

• RoboX
• Mirror Merchant
• MQL5 signaling service
• API Transactions
• double

Trading accounts offered

AvaTrade keeps things simple with their accounts by offering only two account types for most traders. Standard account and demo account. A regular account can be opened with as little as $100 using a credit card or $500 via wire transfer.

In addition to the two standard accounts, Muslim traders are accommodated by offering a ‘Swap Free Account’ which operates under Islamic Muslim interest-free trading principles.

Additionally, professional traders can easily manage multiple accounts of their clients by opening a MAM account. These types of accounts include the following features:

• Ability to create multiple sub-transaction groups
• All MT4 order types are available: stop, limit and close
• EA (Expert Advisor) compatible
• Minimum lot from 0.01 lot
• Multiple Assignment Parameters
• Order Placement for Unlimited Customer Accounts
• Trading orders from the master account

Bonuses and promotions

Bonuses may be offered based on geographic location. Contact AvaTrade for more information.

Devices and assets

AvaTrade once again excels at providing traders with a variety of financial trading instruments. Investors are free to trade:

• Forex – More than 50 currency pairs available 24/7, including all majors, minors and many exotics. Traders can enjoy competitive spreads as low as 0.8 pips and leverage up to 400:1.
• Cryptocurrency – (not available in Canada) – allows traders to trade 9 cryptocurrencies with up to 20:1 leverage. This includes Ripple, Ethereum, Bitcoin and Bitcoin Cash.
• Indices, Bonds, Stocks, ETFs and Commodities – Traders on AvaTrade enjoy the highest leverage with very competitive and low spreads for trading these financial assets.
• Options – Avatrade offers trading options for traders of all experience levels. The new options trading platform reduces the complexity of vanilla options and provides a wide range of opportunities for those interested in using the product.

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Customer Support

AvaTrade offers excellent customer support with multiple multilingual options. Options include live chat, email, FAQ page, social media, fax, and phone. Phone support is available in many languages and countries worldwide, including 21 countries across Europe, 2 countries in Africa, 6 countries in Asia, 4 countries in South America, and 2 countries in the Middle East and Australia.

The support provided is prompt and informative with local customer support agents. For example, a recent partnership with Canada gives you access to customer service from regionally-based Friedberg Direct.

Withdrawal

Deposits – AvaTrade offers a number of deposit options to its clients. Traders can fund their accounts with credit cards (VISA, MasterCard, debit cards), bank transfers and various forms of e-wallets such as Paypal, Skrill, NETELLER and WebMoney. The minimum initial deposit to open an account is $100.

Withdrawals – Traders can withdraw funds using the same methods used for deposits. Withdrawal requests may take up to 5 business days to process. When the processing is complete, the withdrawal is complete as soon as the method completes. The fastest withdrawal method is with an Ava Debit Mastercard. Ava Debit Mastercard can be applied for after traders sign up for an account.

AvaTrade Day trading tools

Education  – AvaTrade has an excellent training center. It can be the best with videos, eBooks, tutorials, glossaries and more. Their website has an entire section dedicated to educating traders. Also, the entire site is generally very beneficial for day traders.

Trading Tools – AvaTrade is rich in features dedicated to successful day traders. One of the most impressive features is the automated trading software bundle which is excellent for daily trading.

Variety of assets – With a variety of assets to choose from, this brokerage is perfect for just starting out or seasoned veteran day traders.

FREE DEAL COACHING COURSES – A recent promotion in partnership with Manchester City Football Club included some free trade courses. Details can be found here: MCFC Online Trading Course

 

 

Avatrade Spreads

Examples of variable spreads in AvaTrade;

Spreads are competitive on Avatrade and we continue to work to reduce them further. Especially in the crypto market, the company has made great strides. Recently, spreads on cryptocurrency trading have been reduced by 50%. Spreads can be brave when brokers gain confidence in the liquidity of the market.

 

Accepted countries

Avatrade accepts traders from Australia, Thailand, Canada, UK, South Africa, Singapore, Hong Kong, France, Germany, Norway, Sweden, Italy, Denmark, UAE, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries do.

Avatrade is not available to traders from USA, Belgium, Zimbabwe, Iran, Iraq, India, Pakistan.

Frequently Asked Questions