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AvaTrade

AvaTrade Review 2024

by

AvaTrade

Broker :

AvaTrade

Founded :

2006

Headquarters :

Ireland

Trading Desk :

Market Maker

Regulation

ASIC, CySEC, CBI, FRSA

Email :

Contact Form on website

Website :

avatrade.com

Forex margin trading involves substantial risks. 72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.


Brokers Score
Brokers Rating :
Trust and Safety :
Commission and Fees :
Tradable Instruments :
Customer Support :
Education :
Account Types :
Trading Platforms :
Deposit and Withdrawals :

Accounts :

Standard, Spread Betting, Islamic and Professional account

Max Leverage :

1:400

Min Deposits :

$100

Base Currencies :

USD, GBP, EUR, AUD, ZAR

Swap Free :

Demo Trade :

Copy Trading :

Commission :

Fees Included in Spread

Hedging :

Scalping :

Platform :

WebTrader, MT4, MT5 and AvaOptions

Regulation :

ASIC, CySEC, CBI, FRSA

Products :

Bonds, Commodities, Cryptocurrencies, Stock CFDs, ETFs, Forex, Indices, Vanilla Options

Language :

Arabic, Thai, Malay, Vietnamese, English, Hindi, Portuguese, Hungarian, Indonesian, Japanese, Greek, Spanish

Support :

24/7

Address :

Dockline, Mayor Street, Dublin 1, D01 K8N7, Ireland

AvaTrade is a globally regulated CFD broker known for its beginner-friendly approach, offering a wide range of trading options including Forex, cryptocurrencies, commodities, indices, stocks, bonds, vanilla options, and ETFs. Renowned for its AvatradeGO mobile trading application, AvaTrade stands out by providing local customer support in Nigeria, which is a rare feature among European brokers.

AvaTrade’s single commission-free account requires a minimum deposit of 100 USD and offers competitive trading costs for a market maker broker, with spreads starting at 0.90 pips on the EUR/USD pair. The broker offers an impressive selection of trading platforms, including MT4, MT5, AvaOptions, and its proprietary web trader platform. Additionally, AvaTrade provides various trading tools such as Trading Central, Duplitrade, and AvaProtect, its own innovative risk management system.

Moreover, AvaTrade does not impose any deposit or withdrawal fees and provides a comprehensive range of educational materials to support new traders. This combination of features and services makes AvaTrade a well-rounded choice for both new and experienced traders.

Pros

Tight spreads
Up to 400:1 leverage
Low commission
Instant execution

Cons

US clients not accepted
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