Regulation: MiFID, ASIC
Instruments: Forex, Commodities, Indices, Stocks, ETFs, Bonds, FXOptions
Experience: +10 years
We appreciate finding the right CFD broker can be a bit of a nightmare. And itâ€™s definitely not a task which can be undertaken in just a couple of hours. Choosing your CFD broker is a decision which will take some time, as there as so many out there and all of them offer something a little different. Of course, there is nothing wrong with doing all the leg work yourself, but why not take advantage of our CFD broker reviews? In them, we introduce some of the most important information to make it more convenient for you our reader. Today weâ€™re bringing you our AvaTrade review. This particular broker has become very popular in recent years and currently boasts of more than 20,000 registered customers who execute more than two million trades per month.
Introducing AvaTrade – A CFD broker with a global following
AvaTrade is a relative newcomer to the world of online trading and has only been operating since 2006. But in just a decade it has managed some impressive figures. More than 2 million trades on a monthly basis with a monthly trading volume of $60 billion per month. AvaTrade is a multi-national company with offices in many of the major cities including Paris, Milan, Tokyo, Abuja, Madrid and Sydney. Its administrative headquarters are located in Dublin, Ireland and as such its European operations are regulated by the Central Bank of Ireland. AvaTrade is the trading name of AVA Trade EU Ltd, and there are also a number of other subsidiaries, all of which are licensed and regulated by the relevant regulatory body.
New clients are welcomed with an AvaTrade welcome bonus
A first-time deposit bonus is currently being offered by AvaTrade to all new clients. Open an account, make your first deposit and as much as $10,000 could be added to your account. For such a substantial bonus you will, of course, need to make a substantial deposit, but there is still a good bonus of $40 awarded when a minimum of $200 is deposited in your account. You wonâ€™t be surprised to learn there are terms and conditions. One, in particular, the minimum trading volume, could be taxing to meet. If you claim the bonus and want to withdraw it you will have to execute a minimum trading volume of 10,000 base instruments for every $1 bonus. And this has to be done within twelve months of receiving the bonus. Further terms and conditions apply and these can be found on the AvaTrade website. There is also an Ava Select program. Any clients depositing $100,000 or more into their account will be invited to join and be entitled to certain special privileges. Such benefits are also granted to a client who exceeds a trading volume of USD 100M. The extra features include a tailored educational program, customized benefits and trading terms, a dedicated hotline, express withdrawal approvals, and special gifts. You could also choose to recommend AvaTrade to your friends and earn a referral bonus of up to $400 every time one of them becomes an AvaTrade customer.
AvaTrade provides a wide range of trading platforms including its own
It seems that AvaTrade is right behind the philosophy of providing the best Forex trading experience. And are making it just as easy for those with little experience. AvaTrade provides a range of different trading platforms to suit all styles and types of trading. As well as manual trading it also provides opportunities for automated trading too. And for those who much prefer using their mobile device there is an AvaTrade mobile platform which is compatible with Android and iOS devices. The options available are:
- AvaTrader – This customizable platform is user-friendly and has plenty of useful analytical tools.
- MetaTrader 4 – Not much needs to be said about this popular platform, apart from saying it is always a welcome addition.
- MT4 floating spreads – With spreads from just 0.9 pips, leverage of up to 400:1 and more than 60 currency pairs.
- Automated trading – Platforms available include Mirror Trader and ZuluTrade to allow you to copy the trades of more experienced traders and do it all for you while you get on with other things.
- AvaTrade mobile trading – For those of you who much prefer trading on the move using a mobile device.
- AVAOptions – This is the newest platform AvaTrade are making available along with exclusive risk management and strategy tools.
- Mac and web trading platforms – Accessible from your browser with a simple login and the opportunity to trade a range of financial products.
Try AvaTrade out in the virtual trading world before investing your own cash
With an AvaTrade demo account, you get $100,000 of virtual funds to trade with. Once youâ€™ve found you like the experience it will be time to move up to a real money trading account. The registration process is easy and a number of payment methods are supported. These include debit and credit cards, bank wire transfers, Neteller, WebMoney, Skrill, and PayPal. Minimum deposit is just $100. The real money account is divided into four different levels and each has its own benefits. Complete details can be found on the AvaTrade website.
Increase your knowledge with AvaTrade Sharp Trader
AvaTrade believes in giving its clients the power to trade and invest with confidence. Educating clients and providing them with the necessary knowledge to become successful traders is a priority. Introducing Sharp Trader, a stand-alone site with everything you will possibly need for day to day trading. There are videos covering a wide range of topics for all levels, daily technical and fundamental analysis, analytical videos, and heaps of trading tools including calculators, an economic calculator, and trading platforms. To get in touch with customer support there is a choice of international telephone numbers, a live chat option and a selection of emails. Lines of communication are open from 21.00 on a Sunday through until 21.00 on a Friday. Now you should be able to appreciate what it is that makes AvaTrade such a popular choice. What made it stand out most for us was the importance it places on customer education. And makes it a particularly great place to start for those newcomers to the world of online trading.