AvaTrade Review

While choosing a broker to trade with, you should always make sure it is a suitable one for your trading style, experience level and of course generally if the broker is good or not. To check all the necessary information and what the trading offering is about sometimes is a hard task.

AvaTrade Review

For this reason and to support your smarter decisions, which are crucial, we assist and review world brokers, and here is the AvaTrade Review for your consideration among numerous others. We consider not only the legit status of the broker, in reverse guaranteeing your safe investment, but also check trading details, costs and other data. So let us get started.

What is AvaTrade?

AvaTrade is one of the leading, globally presented broker with over than 200,000 trusting clients worldwide. A regulated on 5 continents forex broker that providing customers with sophisticated trading solutions, regardless of user knowledge or experience, by bringing the possibility to enter the market trade through numerous, adaptable platforms, tools and options.

Ava also is a multi-national company, which headquarters in Dublin, Ireland but operating regional offices. These including entities in Paris, Dublin, Milan, Madrid, Tokyo, Beijing and Sydney, as well in South Africa, Chile, Mongolia, Nigeria and newly established UAE brokerage.

Awards and World Recognition

Within a few short years since its launch in 2006, AvaTrade has expanded enormously, while Ava global customers executing more than two million trades a month on over 250 instruments.

It’s not a wonder that Ava has earned numerous industry awards since over 10 years of successful activity, in addition to wide support programs launched by Ava. Apart from them, AvaTrade (previously known as Ava FX) was rewarded for its excellent service and the trading technology that confirm brokers’ strong and reputable position in the industry.

What Type of Broker is AvaTrade?

AvaTrade is a broker that offers range from Forex pairs, CFD trading to Cryptocurrencies available to trade with no restrictions on short selling or scalping. Generally, AvaTrade is an STP and OTC broker that also uses high-technology for order executions means quotes received from interbank and connected to the market itself.

Nevertheless, to get a deeper understanding you should always check the most important information that broker’s offering consists of. With this purpose, in this AvaTrade review we cover the following highlights:

• • Is AvaTrade safe or a scam?
  • Account features and Trading Instruments
  • Education and research Materials offered
  • AvaTrade Trading Platforms
  • Trading Fees with spread comparison and overnight fee
  • Leverage
  • Deposits and Withdrawals conditions with a minimum deposit and withdrawal fee
  • Conclusion on AvaTrade

Is AvaTrade safe or a scam?

As a multi-presented company, Ava follows strict rules of the Client Asset Regulations and procedures, which are obtained from the main parent company license issued by the Bank of Ireland and other regulations. In simple words its means the broker is constantly overseen and its trading solutions are aligned to safety measures or controlled at any stage.

Is AvaTrade legit?

Yes, AvaTrade is a fully legit and regulated broker in each jurisdiction, as hold necessary licenses and regulatory obligations apart from its main establishment standards regulated by Ireland. This information you may check from the official AvaTrade website, as well as through the authority website. Also, you may find the links of the license provided in our AvaTrade Review and definitely should always verify for its true state.

Is AvaTrade regulated and by whom?

There are numerous entities Ava respectfully established apart from being regulated by the Central Bank of Ireland. Which also includes authorization from the world famous regulatory bodies ASIC (Australia), FSP (South Africa), FSA (Japan), Abu Dhabi authority, ESMA in European Union, British Virgin Islands and more.

Therefore, AvaTrade is heavily regulated and obliges with internationally recognized laws that keep brokers’ reliability at a certain level of trust and considered to be a safe broker to trade with.

How are you protected?

The set of regulation requirements enables protection to the clients and including – funds segregation, means all client funds are held separately from the firm funds with international banks under encryption. Security of the traders accounts with Investor Protection amount and Compensation Schemes in case the broker goes bankrupt, which is slightly different in each jurisdiction.

As well as fully audited trading procedures that are strictly checked by the authority on a daily basis in addition to negative balance protection.

Account Opening

Another important note in our AvaTrade Review which applicable, once we are sure broker, is a reliable one, is to define what account types are available. Also, further, we will see the full details on trading costs, platforms and other data that will follow.

Types of Accounts

AvaTrade does not diversify clients by the choice of account types but offers a single Standard trading account, just further defining specified conditions for Corporate account or Islamic Account.

Islamic Account also known as Swap free available for Muslim traders or the ones who wish to trade markets according to Sharia principles, which is definitely a great option for world traders.

In addition, if you’re a professional trader with relevant experience and proof of that, you may be entitled to a Professional Trading account where additional benefits are offered.

But first of all, you should proceed with the account opening and these are the steps to do so.

Do all countries accept AvaTrade?

There are numerous countries around the world the resident of which may open an account with AvaTrade. However, there are some restrictions applied, mainly due to regulation in a particular country and specified laws in the country or another. These restricted countries include the US, Iran, Israel and a few more, but generally, Ava accepts almost all countries.

Education

In addition to its some of the greatest trading offering, which you will be sure by reading further AvaTrade Review all clients can enjoy absolutely stunning education resources. As Ava states that inspiring and expanding horizons of traders is the main part of everyday trading life.

Therefore, AvaTrade education center constantly develops and features both Forex and CFDs trading information with Live Webinars, Technical Analysis, educational tools and much more. Along with “Sharp Trader” proposal as a premium designed unique source with video tutorials divided by traders level, which is definitely great.

Also, you can choose a risk-free account at the first step with AvaTrade known as a demo trading account allowing to practice strategies and test the offered systems. So whether you beginning trader or professional one there is the right tool in AvaTrade box for your better practice.

Research

Also at AvaTrade you will find great research tools and materials, while you may use Autochartist while trading through MetaTrader. Along with other user-friendly tools including calculator, fantastic and clear charting with built-in News Feed and other essential trading data for your better trading.

Customer Service

So getting to AvaTrade customer service it provides 24-hour live support available through live chat, email, phone support in 15 languages. Eventually, AvaTrade offers some of the greatest quality support with fast and reliable answers and a huge range of free of charge lines all around the world.

AvaTrade Instruments. Does AvaTrade have Nasdaq?

So what you can trade in AvaTrade? Markets presented at Ava offering you over 250 instruments ranging from FX pairs to Vanilla options, CFDs on Commodities, Stocks, Indices, ETFs, Bonds and Cryptocurrencies.

So yes, AvaTrade has Nasdaq in its trading list as well, eventually, Ava offers truly great range so you will surely find a suitable portfolio for yourself.

AvaTrade Cryptocurrencies

AvaTrade offering to work on the pairs with Bitcoin trading, Ethereum, Ripple, Dash, Litecoin, Monero, NEO, IOTA, Zcash, Qtum and more. Cryptocurrency trade supported by both MT4 Platform or AvaTradeGO, and can be used with quite competitive spreads, no commission charges, leverage up to 20:1 and ability to start trading with as little as $100.

Trading Platforms

AvaTrade offering truly wide selection of trading platforms and tools, it is not an overstate that each client will find his suitable way.  As part of its commitment to empower traders, Ava caters to every type or level while each of its platforms provides an option to trade manually or automatically on a variety of financial instruments. So let us take a closer look at a range of AvaTrade platforms while all of them available through Web, Desktop or Mobile Apps tailored to iOS or Android devices.

AvaTradeGO

an application which AvaTrade absolutely proud of, with its simple and a wide circle of tools at the same time. The App is a friendly dashboard with advanced features and step-by-step guidance for trades opening, activity feedback and support. As well, the platform allowing management of multiple MT4 accounts or switch between demo, real and floating spreads accounts.

MetaTrader 4

still an option to use at AvaTrade. Platform is an industry leading platform, very common, very powerful, yet allows flexible trading with a full capacity of auto or robot trading. You also can switch to MT4 Floating Spreads that offering the trade with lower spreads, starting at 0.9 pips and derived directly from the market liquidity, or to choose the fixed spread.

What is more, traders can choose an AvaOption platform developed by Ava and enjoy another level of visual trading of Options or FX with calls and puts, use of embedded tools and overall easy trading experience.

*AvaTrade is truly one of the industry leaders in Vanilla Options. Vanilla options giving traders the right to buy or sell a specified instrument. The trader can control the instrument and the amount he trades, as well when and at what price in will be sold out.

 And the last but not the least, the AvaTrade Automated Trading capabilities. As a very useful and promising tool especially for new traders, the broker brought a variety of auto-trading software that enables copy or mirror the experienced strategy of successful traders. AvaTrade offers few platforms to access auto trading which includes: DupliTrade – suited for MT4 floating spreads and automatically copies the trades, ZuluTrade – one of the most popular auto trading platforms, and MQL5 – designed for MT4 terminal and enhancing signals service to auto-trade.

AvaTrade does not diversify clients by the choice of account types but offers a single trading account, yet you can choose a risk-free account or a demo trading account at the beginning to practice strategies. Swap free accounts also available for Muslim traders or the ones who wish to trade markets according to Sharia principles. In addition, all clients can enjoy absolutely stunning education materials, as Ava states that inspiring and expanding horizons of traders is the main part of everyday trading life. Educational segment constantly develops and features both Forex or CFDs trading information and “Sharp Trader” with premium designed unique materials, video tutorials divided by level.

AvaTrade Cryptocurrencies

AvaTrade offering to work on the pairs with Bitcoin trading, Ethereum, Ripple, Dash, Litecoin, Monero, NEO, IOTA, Zcash, Qtum and more. Cryptocurrency trade supported by both MT4 Platform or AvaTradeGO, and can be used with quite competitive spreads, no commission charges, leverage up to 20:1 and ability to start trading with as little as $100.

AvaTrade Fees

All trading transactions performed on AvaTrade platforms are subject to the trading charges that are consisting of Spreads and Overnight interest fees.

AvaTrade Spread

See below the comparison table with a typical AvaTrade Spread, however presented as an indication only and may widen to volatile conditions, especially Cryptocurrency spreads that depend on current market conditions. Please refer to the official AvaTrade source or platform for most recent spreads.

AvaTrade Overnight fee

Overnight fee or interest is a fee which should be paid in case the trading position is opened longer than a day, or overnight. In this case, you should consider a small percentage that will be added above, yet, also subject to change on a particular instrument, hence may cause you even to gain on rollover. See below snap with overnight interest example.

AvaTrade Leverage

Leverage is a quite known instrument, which obviously increases the initial capital you trading with and can be a very useful tool to magnify your potential gains, but in case you use it smartly. However, always note that high leverage can work in reverse too.

AvaTrade as a regulated broker complies to slightly different trading conditions or regulatory obligations according to the set of rules established by the particular authority. This means that European traders or those clients that are registered with AvaTrade European entity will fall under ESMA regulation that recently limited Leverage to maximum 1:30. However, international traders or Australian clients can still use leverage until 1:400.

AvaTrade Deposits and Withdrawals

Being able to access your funds with no complication is another core of the trading and while choosing a broker. As a regulated broker Ava offers several convenient ways of depositing money into trading account: Credit and Debit Card, Wire Transfer, as well several forms of e-payment alike Skrill, Webmoney and Neteller (to all clients except EU & Australia residents).

By the AvaTrade policy, the minimum deposit by Card is $250 or $500 by the Bank wire transfer, yet you may need an even smaller amount, but check on the necessary margins and trading costs in order to open position.

Smooth withdrawals are definitely crucial for any trader, thus AvaTrade understanding that point typically process requests within 1-2 business days and do not charge any withdrawal fee. It is a good point to us, yet note, that due to anti-money laundering regulations funds have to go strictly through the same source as the deposit was done. For instance, check out and compare AvaTrde fees to IG.

Conclusion on AvaTrade

Overall, AvaTrade Review shows us a broker with an expanded trading strategy available and a certain way of dealing with market and clients that gained a reliable and respected reputation. Ava flexibility in terms of platforms, currency pairs and a number of provided solutions is another key advantage to their positive side.

The broker offers competitive costs and excellent education material suitable for traders of different levels. While Ava continues to expand its trading range and capabilities you, as a trader, may gain multiple options for investment or trading all accompanied by a great reputation.

What we also like is AvaTrade high-tech access to an expanded range of the instrument and multiple platforms either for manual, algorithmic or social trading.

Apart, AvaTrade is an active social member company that supports numerous activities and other global strives. One of them is a partner with Manchester City premier league champions. Which is always a good plus, meaning the company maintains an excellent reputation not only in its direct area of business but beyond as well.

So all in all, within our AvaTrade for us it becomes clear from numerous favors that AvaTrade is a good choice for beginning or veteran traders. Indeed, its competitive conditions having all the potential to turn into an exciting collaboration.

Yet, it is always great to hear your personal opinion about AvaTrade. So you may share your experience or thoughts or discuss them below or ask us for additional information. 

Disclaimer

Trading Forex or CFDs carries a high risk level, CFDs are complex instruments and may be not suitable for all investors. Such leverage products involve risk as retail investor accounts lose money trading CFDs with this provider.

Before deciding whether to trade with AvaTrade or not make sure to understand how CFDs work, while AvaTrade Review or its offering itself does not constitute any investment advice.

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