AvaTrade have been in business since 2006 and have their head quarter in The British Virgin Islands. They do offer Forex, CFDs, Spread Betting and Social Trading.
They are fully regulated by ASiC (AFSL #406684), and Financial Services Provider #45984 in South Africa. Your funds will be secure as AvaTrade puts all client funds in a segregated bank account and uses top tier-1 banks for this.
Before we start looking at all the details of Avatrade’s spreads, fees, platforms and trading tools our suggestion is that you open an AvaTrade’s account by clicking at the bottom below. You will than be able to see all the features of the demo account and try those for yourself without risking any capital.
Below you will find the comparison of the minimum spreads offered by Avatrade.
Features and Account Types
Every trader can open a demo account with AVA Trade to familiarise with the trading platform and the tools that are offered by this established broker. If you like tough you can also open directly a live account so that you can start trading with actual funds immediately. With AVA Trade there aren’t special tiers for accounts and regardless if you are a complete beginner or an experienced trader you will pay the same. That is great news over the long term as if you start making consistent profit using their platform your base costs will stay the same. AvaTrade.com also have a unique tool that is their automated trading package. This is coming as an addition to their trading software client and in the package you will also get ZuluTrade system which is AvaTrade own auto-trading system that works seamlessly with algorithms and various APIs. This tool allows trades to create their customised automation solutions and so far has not been replicated by any other forex brokers. Users are able to trade CFDs, ETFs, stocks, oil, Bitcoin, forex, spreads and so on.
As you would expect there are a number of trading platforms that are available when opening an account with Avatrade.com. Those include MetaTrader 4, AvaTrader, AvaOptions, WebTrading, Automated Trading and a lot more. You can decide to download software clients like MetaTrader 4 in your PC or mobile but you also have options like Web Trading which enable users to trade with any browser as long as you have a good web connection. If you have a Mac you don’t have to worry as AvaTrade.com also provide specific software clients that can be used in those devices.
AvaTrade.com is making your life easy when depositing or making withdrawals. There are a number of payments methods that are accepted by AVA Trade: those are debit card and credit card, bank transfer, PayPal, Neteller, Skrill, WebMoney, and other similar services. Similarly to deposits there are also lots of withdrawals opportunities: you can request a bank transfer which normally take 3 to 4 days to come through. AvaTrade.com also offers the opportunity to have an AVA Debit Card which can be used for withdrawals. In this case you can get withdrawals very easy without any paperwork. With this method you can expect money to be in your account in around 5 days.
When signing up with AvaTrade.com you can benefit from a limited time welcome bonus that is based on the amount that you deposit into your account upon registering. The offer range is anywhere between £100 to £10,000 depending on how much money you are willing to deposit after completing the sign up process.
AVA Trade has a very good customer service that is available 24 hours a day, 5 days a week (hours tend to mirror typical market hours). You can get customer support in 12 different languages and you can contact their agents via email, live chat or telephone. There is also a very large FAQ section to help you finding the answers to your questions quicker.
AVA Trade is an established broker and it is not surprising to see that they have won lots of awards in the last years. In 2015 they have won 4 awards and those are ‘Comfiance 2015’, ‘Best Affiliate Program’, ‘Best Broker 2015 AvaTrade’, and ‘Best Forex Broker by ForexTraders’.
AVA Trade is a trustable and established broker. Their trading platform is extremely versatile which makes it a very good option for traders that have developed a certain trading style but also for beginners that are still exploring their trading preferences. Their customer service is top notch and easy to contact: in our tests resolution was provided almost always at the first attempt. AvaTrade.com also have very good educational material for their automated trading options and this makes it a perfect place for beginners who can really benefit by using those unique AVA Trade features.