And with millions of trades being executed monthly by its community of traders, plenty of successful trades exist to copy. If you’re tired of feeling like you’re flying blind in the market, try AvaSocial and watch your success rate soar. Even beginners can feel confident taking trade positions thanks to a platform that intentionally avoids unnecessary complexity. Because AvaTrade prides itself on providing a user-friendly experience, you don’t have to waste time learning a convoluted system. The main difference between the professional account and the rest is lower trading costs.
Popularity among Emirati traders who choose AvaTrade
Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Training materials include video tutorials, articles, and blog-style forums. Insights and data on Trading Central are available to AvaTrade traders using the proprietary AvaTradeGo and WebTrader terminals. Automated strategies available include ‘Trailing Take Profit’ or ‘Trade At A Specific Time’. This means I can create positions that are only triggered when a specific event happens. The MT4 and MT5 desktop platforms are available for free download to desktop devices (Mac, Windows, Linux etc) whilst WebTrader can be accessed through major web browsers.
Below you can see how scored in each of our high-priority categories. Our comprehensive AvaTrade review provides valuable insights you may wish to consider before trading with this leading forex broker. Enhancing your knowledge and understanding can help you make better-informed trading decisions and invest with greater confidence. With features like AvaSocial and resourceful educational material, AvaTrade is a good choice for beginner traders. If you are looking to test out your strategy or are learning to trade, then we advise you to open a demo account with Avatrade before trading with your own money. AvaTrade occasionally offers bonuses for new clients, such as a welcome bonus or deposit bonus.
The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. You just have to finish a single-user profile questionnaire to start depositing money into your trading account. You will have to provide an identity proof and evidence of residency to deposit substantial sums. The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting.
AvaTrade Professional Account
Yes, our AvaTrade review found that the broker is regulated and by the CBI, B.V.I. FSC, ASIC, FSCA, FSA, FFAJ, and FRSA. This not only allows AvaTrade to offer its services in most countries across the world but it also means that your funds and personal data are always secure. To gain so many reputable licenses, AvaTrade must be acting financially responsible at all times.
On the negative side, AvaTrade doesn’t offer the widest range of third-party platforms, as you can see from my comparison with other brokers below. These are industry standard, though Islamic profiles are exempt from this charge. The broker’s in-house dealing desk model means that whilst you don’t pay commissions, spreads are a little wider than at non-dealing desk brokers.
Fixed Spread Forex Review
- Their bonus offering are very limited & the minimum deposit required to claim the bonus is also really high.
- You can choose from 1,260 symbols and futures trading via CME and EUREX in their MT5 platform.
- The platform has 30 built-in technical indicators and 24 graphic objects which are available for conducting comprehensive analysis of the underlying price dynamics.
- If you think you might take a break from trading at some point, then IC Markets do not charge any inactivity fees.
Commodities are one of the many instruments AvaTrade offers as CFDs, allowing you to diversify your portfolio without owning the underlying asset. The 55 currency pairs offered by AvaTrade include majors, minors, and exotics. With avatrade review so many currency pairs, you can trade currencies from around the world. With DupliTrade for AvaTrade, you can easily analyze and track your trading account with real-time information.
AvaTrade Cashback Rebates Features and Conditions
Here you can learn all about trading but with no risk at all since you will be trading with virtual funds. You can also engage in copy trading directly with your Metatrader platform and use their EAs feature to implement trading strategies from elsewhere if you are interested. If you have started to get into crypto trading, AvaTrade has choices available for you. These include 20 assets that are tradable like the most popular Bitcoin, and Ethereum as well as several others. One of the appealing points here is that, even though you may find some lower spreads elsewhere, AvaTrade offers a fixed spread that does not change regardless of market conditions.
With AvaSocial, you have access to experienced traders who can provide invaluable insight into the markets, helping you cut down on the learning curve considerably. Whether you are looking for new trading ideas or simply looking to improve your trading game, AvaSocial has got you covered. As a trader, it’s important to understand that the spreads on AvaTrade are not set in stone. They fluctuate throughout the day based on market conditions, which is actually a good thing.
Non-EU residents can apply for a Standard Account which is the same as the Retail Account available to EU residents, but with a higher amount of leverage available. It has a strong history of regulation and operation dating back to 2006. The company has a proven track record and a high number of serious investors use it. Based on our research, you should have no hesitation in opening an account with AvaTrade.
Our AvaTrade broker review team is highly impressed by the variety of platforms offered by the broker. Clients can use the ever-popular MetaTrader 4 and MetaTrader 5 platforms, which advanced traders are already familiar with. There is also a mobile AvaTradeGO application, AvaOptions, and support for external automated trading platforms. AvaTrade accommodates a diverse range of trading approaches by offering a good variety of tradable asset classes, including more than 1,250 CFDs across seven asset classes. Overall, AvaTrade has an above average product offering in terms of available trading assets, making it one of the best CFD Brokers for traders of all experience levels. AvaTrade is a highly reputable and regulated broker that provides traders with a broad range of assets and innovative tools.
AvaTrade Review – Analysis of Broker’s Main Features
AvaTrade fees are generally fair, and they do a good job at trying to limit these as much as possible. You should not typically incur a deposit or withdrawal fee with the exception of if you are using a wire transfer, or exchanging an unsupported base currency. As with all CFD broker, they do charge overnight fees, though these can be waived if you open an AvaTrade Islamic trading account.
Please check your email for more details and for login information. Opening an account with AvaTrade is very simple and include only few steps only. Trading Fees is a really important consideration as this is the cost you have to pay to the broker for every trade. To participate, log in to your AvaTrade account and access the referral section for your unique referral link. Withdrawals are typically processed within 1-2 business days, but the time it takes to receive the funds depends on the payment method. AvaTrade has been operating for over a decade and serves millions of clients globally, further solidifying its reputation as a legitimate and reliable broker.
You will find the clean layout of this platform and the commendable features are pleasant to work with. AvaTrade is a legit company headquarted in The British Virgin Islands since 2006. AvaTrade is an acclaimed fintech company, which operates with transparency.
How can I start trading with AvaTrade?
- AvaTrade’s diverse range of platforms caters to various trading styles and preferences.
- AvaTrade operates on a spread-based fee structure, where traders pay the difference between the buying and selling price of an asset.
- Even beginners can feel confident taking trade positions thanks to a platform that intentionally avoids unnecessary complexity.
- AvaTrade has automated trading accounts named DupliTrade and ZuluTrade.
- AvaTrade gives users access to lots of educational content that they can use to improve their skills and make better investment decisions.
AvaTrade has a Trustpilot rating of 4.0 out of 5, based on over 10,433 reviews. Choosing your base currency (CAD or USD) at account creation can help you avoid unnecessary conversion costs later. Verification times may be longer during periods of high demand or if documents are unclear.
