Regulation ASiC , BVI , Central Bank of Ireland , FSA
Accepts US Clients: No
Min. Deposit: 100 $/€/£
Leverage: 400:1
Platforms: ACT , Autotrader , AVA mobile trader , MetaTrader 4 , MetaTrader Mobile

Broker Overview

Company Information

Broker’s Name AVATrade
Website www.avatrade.com
Headquartered in Dublin
Founded in 2006
Regulating Authority ASiC, BVI, Central Bank of Ireland, FSA
US Clients Accepted  No
Telephone Number 1 212 941 9609
Fax Number 1 646 3350333
E-mail Address cs@avatrade.com

Account Options

Type of Broker Market Maker
Commission No
Mini Account  Yes
VIP Account  Yes
Segregated Account  Yes
Islamic Account (Swap Free)  Yes
Demo Account  Yes
Institutional Accounts  Yes
Managed Accounts  Yes
Maximum Leverage 400:1
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  No
Bonus for First Deposit  Yes
Is the Bonus Based on the Volume of the Transaction?  No
Other Bonuses Yes

Trading Platform

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  Yes
Trading Signals  Yes
Automated Trading  Yes
Trade From Charts  Yes
Market Commentary  Yes
E-mail Alerts  No
Mobile Alerts  Yes
Scalping  Yes
Hedging  Yes
Trailing Stops  Yes
Guaranteed Stop Loss  No
Guaranteed Limit Orders  Yes
Guaranteed Fills  No
Interest on Margin  No
One-Click Execution  Yes
OCO Orders  Yes

Customer Service

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?  Yes

AVATrade - Review

AvaTrade

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.

Trading Platforms

Traders at Ava may consider themselves spoilt for choice, with a choice of eight trading platforms to choose from.

These include:

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  • Automated Trading

Include automated trading systems like Ayondo, Currensee, MirrorTrader and ZuluTrade.

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AvaTrade’s auto-trading software also allows traders to emulate the trades of experienced traders even the trading station is unattended.

 

  • AVAOptions

Ava Trade latest trading platform that combined the flexibility and power of FX Options with FX Spot letting traders maximize their returns

 

  • AvaTrader

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.

 

Other Features

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.

AvaTrade-2

Commission/Spreads

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.

 

Customer Service

In terms of customer support, AvaTrade has one of the most comprehensive support systems round. Their website support multiple languages including:

  • Arabic
  • Chinese
  • Dutch
  • English
  • French
  • German
  • Italian
  • Japanese
  • Portuguese
  • Russian
  • Spanish

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)

Reliability

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
  • Moneybookers
  • NETELLER
  • Paypal
  • 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.

Pros

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

Cons

It’s difficult to find any negatives here, although of course we are always on the lookout.

Conclusion

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.




 

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