AvaTrade is a global CFD and forex broker founded in 2006. It is regulated by several financial authorities, such as the Central Bank of Ireland.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- AvaTrade EU Ltd – authorized by Central Bank of Ireland registration no. C53877
- Ava Capital Markets Australia Pty Ltd – authorized by ASIC (Australia) registration no. 406684; regulated by the South African Financial Sector Conduct Authority FSCA No.45984
- AvaTrade Japan K.K. – authorized by FSA (Japan) registration no. 1662 and the FFAJ no. 1574
- Ava Trade Middle East Ltd – authorized by FRSA (Abu Dhabi Global Markets (ADGM)) registration No.190018
- AVATrade Ltd – authorized by B.V.I Financial Services Commission
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.
Avatrade 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.
Facts about AvaTrade:
- Founded in 2006
- Sponsor of Manchester City
- International branches and regulators
- Customer support in different languages
- Multiple awards since 2008
|Trading platforms:||MT4, MT5, WebTrader, AvaOptions, AvaTradeGO, DupliTrade, Trading Central|
|Cryptocurrencies:||(10+) Bitcoin, Litecoin, Ethereum|
|CFD:||(500+) Gold, Silver, Stocks, Stock Indexes, Bonds, Oil, Other Commodities|
|Minimum to Open Live:||$100|
|Deposit Methods:||Bank Wire, VISA, MasterCard, Boleto, DinPay, FasaPay, gCard, Neteller, PaySec, SafeCharge, Skrill, VoguePay, WebMoney|
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.
Is AvaTrade regulated? – Different regulation authorities:
Good online investments require regulation and safety for customers. Nowadays on the internet, you will find scam companies that are unregulated. Before you invest your money you should look after the official regulation of the broker. Most online brokers show their licenses directly on the main homepage. In the case of a regulated forex broker, fraud cannot happen. Otherwise, the company would lose the license.
AvaTrade is an international company and is more than 6 times regulated. The company got global offices and branches. AvaTrade seems to us like a very serious online broker, because of the regulation and the sponsorship of Manchester City. Your money and account should be safe.
The company is regulated by:
- IIROC (Canada)
- Central Bank of Ireland
- FSA and FFAJ (Japan)
- ASIC (Australia)
- FSCA (South Africa)
- BVI (British Virgin Islands)
Is there negative balance protection?
No matter which regulator you will choose, your account is protected by negative balance protection. Forex and CFD are trading with leveraged financial products. The broker will automatically stop you out by a margin limit. Your account balance will not become negative.
Safety of customer funds
AvaTrade works with segregated customer funds. That means the broker uses multiple banks and does not use the client’s money for hedging or investing. Deposits and withdrawals are guaranteed very fast. If you choose the European regulator “Central Bank of Ireland” you will get an ICCL Investor Compensation Company Ltd. with a more than 20,000€ money guarantee.
AVATRADE GUARANTEE SAFE CUSTOMER FUND AND NEGATIVE BALANCE PROTECTION
REVIEW OF THE AVATRADE TRADING CONDITIONS
A total of more than 1,250+ different assets and markets are offered for trading. The online also offers various account models. Choose between a fixed spread account or a variable spread account. Live account opening is possible from as little as $ 100 and you can also create a free demo account. This will expire after 21 days but you can open a new one after.
My tip is to choose a variable spread account because that’s the way you come from my experience in most cases cheaper way. Spreads can only fluctuate to strong news or high volatility. In these scenarios, we advise only advanced traders to trade anyway.
Trade forex, stocks, commodities, cryptocurrencies, and other CFDs from a spread of 0.8 and high leverage up to 1:400. AvaTrade’s trading conditions are very competitive with other providers. Position sizes start from 0.01 lot in Meta-trader 4/5. Also, other trading platforms are available than Meta-trader 4/5 like the AvaTrade Option platform (AvaOptions), mobile app, and social trading platform.
The conditions of AvaTrade:
- More than 1.250 different markets
- Trade forex, stocks, commodities, cryptocurrencies, and options
- A minimum deposit of $ 100
- Free demo account for practice
- Maximum leverage of 1:400
- Competitive spreads (variable and fixed)
- Platforms: MetaTrader 4/5, AvaOptions, Mobile App, AvaSocial, WebTrader
Review of the withdrawal with AvaTrade
As a regulated online broker, withdrawals with AvaTrade are made very quickly. The withdrawal takes a maximum of 3 days. There are no hidden fees. Sometimes there is a fee depending on your payment method. You will see it clearly in your account dashboard. AvaTrade charges no fees for the withdrawal. Also, the broker uses well-known banks for transactions.