AvaTrade Review

This broker was established in 2006, which makes it one of the oldest. AvaTrade prides itself on its transparency, security, and high standards of service. The Dublin-based brand has a presence on 6 continents and offers an impressive range of tradable assets. Here are the key competitive strengths of AvaTrade. Today, it is chosen by over 300,000 clients.

Geography and Regulation of AvaTrade

Since its inception, the company has grown into a multinational giant with offices in Paris, Dublin, Milan, Tokyo and Sydney. The brand is now registered and licensed in 6 different jurisdictions. Each of the companies included complies with all applicable standards. The heart of the group, AVA Trade EU Ltd, is overseen by the Central Bank of Ireland. The other entities are:

• AVA Trade Ltd regulated by the FSC of the British Virgin Islands;
• Ava Capital Markets Australia Pty Ltd regulated by the ASIC;
• Ava Capital Markets Pty regulated by the FSCA in South Africa.
• Ava Trade Japan K.K. regulated by the Financial Futures Association of Japan.
• Ava Trade Middle East Ltd regulated by the ADGM in Abu Dhabi.

This is an impressive list of regulators. The broker is licensed in full accordance with industry norms. It protects its clients’ investments and informs them of all risks associated with trading. They can be sure their funds are safe.

Range of Instruments

The broker offers a standard range for currency pairs, but its CFDs are extremely varied. Unlike many competitors, AvaTrade gives access to ETFs and treasuries. Traders can gain exposure to many markets, and thereby limit their overall risks. Such opportunities are important for anyone who wants to build a trading career. As the moment, the following options exist:

• currencies (Major, Minor, and Exotic);
• CFDs on US, European and Asian treasuries (i.e., government bonds);
• CFDs on market indices from the U.S., Europe and Asia;
• CFDs on cryptocurrencies like Bitcoin, Litecoin, Ethereum, etc.;
• CFDs on commodities like crude oil;
• CFDs on ETFs (exchange-traded funds);
• shares of the largest corporations listed on the NYSE, NASDAQ and other exchanges.

Importantly, clients can open a free demo first. Demo accounts are easy to register — all you need is to fill out a basic form. The credentials for AvaTrade login unlock the terminal in its simulation mode, so users can practise as much as necessary.  This is another sign of trustworthiness.

Overview of Trading Technology

The company offers universal and proprietary platforms. MetaTrader 4 and MetaTrader 5 are recommended by many stellar brokers, including AvaTrade. The systems come in three versions: desktop, web-based, and mobile. These platforms and apps share data instantly, so clients can easily switch devices. Cross-platform use allows you to open a trade from your laptop, modify it via your tablet and close from your smartphone.

Besides, MT4 and MT5 are packed with analytical tools, price charts, technical indicators, etc. They are suitable for fundamental and technical analysts. It is hardly surprising that AvaTrade promotes them.

Clients may also use the company’s proprietary app to work on the go. The AvaTradeGO app is intuitive and user-friendly. At the same time, it offers some advanced trading features and charts. Finally, there are AvaOptions for options trading and DupliTradeTM, a popular social trading platform.

The WebTrader works directly in browsers and does not require any downloads. It is designed for beginners and pros who need an intuitive interface. The system can work on any device, as it only requires a stable internet connection. The timeframes can stretch to one month.

Account types

The broker provides different types of trading accounts. All of them belong to the market-maker (or dealing desk) type. This means that no commission is charged: instead, the spreads include all the costs.

The choice is simple, as you can open either a live or a demo account. Each holder gains access to educational webinars, online courses, tutorials, ebooks, live news, etc. Clients may also acquire an AVA debit card and a margin protection plan.

Deposit requirements are modest. While demos are completely free, standard accounts can be opened with only $100 (if you use a credit card). There is also a special option for Islamic traders — “swap-free accounts”. These allow them to work in line with the Islamic Sharia Principle of interest-free trading.

Finally, an expert trader may get a MAM account. This system allows the management of several accounts on behalf of their holders. The following benefits are provided:

• creation of sub-trading groups;
• use of Forex robots (Expert Advisors);
• minimum lot size of 0.01;
• unlimited client accounts;
• master account order placement.

Leverage

Leverage allows traders to open positions worth more than their deposits. This is an attractive arrangement, but it also dials up your risks. As a responsible broker, Ava Trade educates its clients about the intricacies of trading on margin. Generally, the leverage conditions depend on the instrument and country of residence. Traders from outside the EU access to up to 1:400 leverage.

Customer Support

The official website has a broad FAQ section, and support works around the clock. Clients may contact the staff by email or Live Chat. There is also a hotline number.

Awards

The company has been collecting awards since 2009. Its excellence has been recognized by many organizations. Today, AvaTrade has 30 prizes. The list includes awards from such companies as The European, Daytrading, Rankia, Fxdailyinfo.com, and WikiFX.

Conclusion of AvaTrade Review

This Dublin-based broker offers quite a few advantages to traders or Forex and CFDs. In addition to the conventional options like Majors and Minors, clients may trade ETFs and treasuries, and access a wide range of indices and cryptocurrencies. The software solutions are state-of-the-art, as they allow access on the go, from any device.

Ava Trade stands out due to its wide range of offerings, efficient support, and impressive auto trading tools. The broker is suitable for newbies and experts. It provides ample educational support, and customer service is multilingual. Oversight from six regulators ensures the clients’ funds are protected.