Regulation ASiC , BVI , Central Bank of Ireland , FSA
Accepts US Clients: No
Min. Deposit: 100 $/€/£
Platforms: ACT , Autotrader , AVA mobile trader , MetaTrader 4 , MetaTrader Mobile
|Type of Broker||Market Maker|
|Islamic Account (Swap Free)|
|Minimum Deposit||100 $/€/£|
|Deposit Options||Bank Wire Transfer , Credit Card , Moneybookers , Neteller , PayPal , Union Pay , Webmoney|
|Withdrawal Options||Bank Wire Transfer , Credit Card , Moneybookers , Neteller , PayPal , Union Pay , Webmoney|
Bonus & Rewards
|No Deposit Bonus|
|Bonus for First Deposit|
|Is the Bonus Based on the Volume of the Transaction?|
|Platform Type||ACT, Autotrader, AVA mobile trader, MetaTrader 4, MetaTrader Mobile|
|Platform Languages||English, Italian, German, French, Greek, Hebrew, Dutch, Arabic, Chinese, Japanese, Bulgarian, Croatian, Czech, Danish, Estonian, Farsi, Finnish, Hungarian, Indonesian, Multi-lingual|
|OS Compatibility||Mac OS , iOS , Windows , Android|
|Streaming News Feed|
|Trade From Charts|
|Guaranteed Stop Loss|
|Guaranteed Limit Orders|
|Interest on Margin|
|Customer Support Languages||English, Spanish, German, Russian, French, Portuguese, Arabic, Polish, Japanese, Finnish, Hungarian, Korean, Swedish|
|Customer Service Hours||24h|
|Place Trades Over the Phone?|
AVATrade - Review
AvaTrade are one of the pioneers of online Forex trading. If you know Forex, then it’s likely you know AvaTrade. Formerly known as AvaFX this broker manages trading volumes of over $60 billion per month. If it’s experience and a great reputation you’re looking for, then this might well be the broker for you.
With a truly global presence and headquartered in Dublin, Ava has offices across the world including Paris, Milan, Tokyo and Sydney. Their customer service is outstanding with 24-hour multilingual help desks.
AvaTrade offers clients far more than just Forex – their instruments which exceed 200 in number, cover commodities, indices and stocks and they boast of some of the most competitive spreads around. Ava are regulated to offer trading across Europe, Australia, Japan and the British Virgin Islands. Read the reliability report to learn more about the security infrastructure of Ava.
Traders at Ava may consider themselves spoilt for choice, with a choice of eight trading platforms to choose from.
- Automated Trading
Include automated trading systems like Ayondo, Currensee, MirrorTrader and ZuluTrade.
AvaTrade’s auto-trading software also allows traders to emulate the trades of experienced traders even the trading station is unattended.
Ava Trade latest trading platform that combined the flexibility and power of FX Options with FX Spot letting traders maximize their returns
A fully customizable proprietary trading platform that features advanced charting fed with multiple live news feed.
- Mac Trading
Tailored specially for Mac computers, this trading platform allows traders access to all the major markets while operating at the fastest execution time.
- MetaTrader 4
The industry’s standard platform for the Forex market. Equipped with a full range of tools, MT4 is even flexible enough to let novices operate it.
- Mobile Trading
The full featured mobile trading platforms put the power of the AvaTrader and MT4 right into the palm of your hand.
- MT4 Floating Spreads
With the MT4 Floating Spread platform, traders get all the power of the MT4 platform with the added benefit of low spreads obtained directly from the interbank market.
- Web Trading
The web based trading platform allows traders to enjoy the benefit of the internet without being tied to a home computer.
Ava have a deep level of resources which include:
- Fundamental and technical analysis
- News Feeds and audio commentary
- Real Time Charts
- Market Analysis
With these additional services, traders now have more free time to concentrate on their trading activities rather than spending time hunting out updated information about the market.
Types of Trading Account
AvaTrade have two main account types. One is a real account and the other a demo account. The demo account contains $100,000 virtual funds and is an excellent way for you to test-drive not only the Forex market but also AVA. The real account is split to Silver, Gold, Platinum and Ava Select which gives you different trading benefits. Look at the image below.
In keeping with the industry standard, AvaTrade does not charge any commissions. However, clients are liable for a small spread that can range from between 3 to 7 pips.
In terms of customer support, AvaTrade has one of the most comprehensive support systems round. Their website support multiple languages including:
Traders can reach out to AvaTrade through he following methods:
- Live Chat
- Email by filling out the contact form at the website
- Telephone (over 30 local numbers in various countries to call)
AvaTrade is aware of how important it is to have several channels of trading account funding made available to their clients. As such trades now can fund their trading accounts through:
- Credit/Debit cards
- Web Money
- Western Union
- Wire Transfer
Apart from the above mentioned methods, traders also have the option of using an AvaTrade Debit Card which helps to speed up the withdrawal processing time.
To recap, some of the major advantages of dealing with AvaTrade include:
- Attractive Promotion and Bonuses Offered
- Comprehensive Educational Resources
- Dealing With A Reputable And Reliable Broker
- Free Demo Account
- Full Range Of Trading Tools
- Low Minimum Deposit Of $100
- Low Spreads
- Market Analysis Provided
- Multiple Choices Of Trading Platforms
- Stable and Reliable Trading Platforms
It’s difficult to find any negatives here, although of course we are always on the lookout.
AvaTrade are in a small group of leading Forex brokers that have chosen transparency and trust over tricks. When trading with Ava, security will be the last thing on your mind. Ava are regulated across the globe and are well-capitalized to cover trades big and small. Their selection of assets and platofrms is unparalleled elsewhere in the market.