Nixse
331
General Information
Broker Name:AvaTrade
Broker Type:Forex
Country:Ireland
Operating since year:2006
Regulation:Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742, Dublin, Ireland
Address:Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742, Dublin, Ireland
Broker status:Regulated
Customer Service:
Phone:+353766705834; +1 212-941-9609
Email:N/A; website e-mail inquiry system:
Languages:English, Italian, Danish, Dutch, French, German, Greek, Norwegian, Arab, Portuguese, Russian, Spanish, Swedish, Turkish, Chinese, Polish, Romanian, Japanese, Czech, Finish.
Availability:24/7
Trading:
Trading Platforms:ActTrader, MT4, MT5, Proprietary, Zulutrade
Trading platform(s) timezone:N/A
Demo Account:Yes
Mobile trading:Yes
Web based trading:Yes
Other trading instruments:N/A
Account:
Minimum deposit ($)$100
Maximal leverage (1:?)1:30
Spread:No
Scalping allowed:Yes

AvaTrade Review (2021 update) Is AvaTrade good?

Review Contents:

  1. General Information;
  2. Why Choose AvaTrade?
  3. AvaTrade Account Opening;
  4. Commissions & Spreads;
  5. Tradable Products;
  6. Research;
  7. Trading Experience;
  8. Education;
  9. Customer Support;
  10. AvaTrade Review: Conclusion.
AvaTrade logo

General Information, Regulations, and Protection

AvaTrade’s headquartered are in Dublin, Ireland. The foundation year is 2006. It offers retail, options, and professional accounts. AvaTrade has offices in 11 countries and provides multiple trading platforms for web, desktop, and mobile devices. It offers forex options and CFDs on multiple asset classes, including cryptocurrencies.

AvaTrade’s is regulated.  In Ireland where its regulator is the Central Bank of Ireland and is a member of the Investor Compensation Company. It provides eligible clients up to 20000 EUR of maximum reimbursement in the extraordinary event of their broker’s insolvency.

AvaTrade is an average-risk trader. The company does not trade publicly and does not operate a bank. AvaTrade is regulated by the following official entities: the Australian Securities & Investment Commission (ASIC) and the Japanese Financial Services Authority (JFSA).
avatrade review: safe trading begins with a global regulated broker

AvaTrade Review: Why Choose AvaTrade?

The AvaTrade offers a variety of platforms for automated and social copy trading. It provides forex options, in addition to CFDs, cryptocurrency includes, across multiple markets via its entities regulated in financial hubs. AvaTrade offers accounts from two different legal entities.

Ava Trade Ltd that offers account types — AvaTrade Standard Account, AvaTrade Options Account, and assets — FX, CFDs, FX Options.

Ava Trade EU Ltd which has assets in FX, CFDs, FX Options, Spread Betting. It also offers a variety of account types, such as AvaTrade Retail Account, AvaTrade Professional Account, AvaTade Options Account, AvaTrade Spread Betting Account.

AvaTrade leverage varies. Different entities regulate them and thus have different maximum leverage levels. Both account entities give the client access to the same trading platforms, markets, and negative balance protection. Besides, insured fund protects European Union account deposits. Non-EU accounts are not. Non-EU accounts can be much more highly leveraged.

AvaTrade holds clients’ money in segregated accounts. However, there is no insurance or additional protection. Read full AvaTrade review

AvaTrade Account Opening and Trading Accounts

Opening a new account online at AvaTrade is easy. Before funding the account, the user can test out the AvaTrade web, mobile, and desktop platforms with a free AvaTrade demo account. The demo account opening requires a name, email address, and phone number to get started.

Once the live account is created, user can connect a bank account and fund it with currencies from supported countries. The live account requires contact information, a valid ID, and a utility bill from the last six months for address verification. Deposits are available via wire transfers, credit card, and several forms of electronic funds, depending on the user’s location.

Islamic Accounts

AvaTrade provides exclusive services for Islamic Accounts. Whether the user follows the strict guidelines of Sharia law in his or her finances, they might be interested in the Islamic trading accounts options from the AvaTrade broker. The client can open an online trading platform account with access to swaps compliant with Islamic customs.

Commissions & Spreads

AvaTrade charges a variety of fees for overnight interest, spreads, and margins. It does not give access to the widest range of investments. Mainly, it covers the most popular asset classes. The user can trade FX options, stocks, commodities, currencies, indices, bonds, and ETFs via CFDs on AvaTrade. Although cryptocurrency CFDs require charges.

Pricing with CFDs is not quite clear as other trade fees.
commisions and spreads
Also, the user can face an inactivity fee if you do not use your account regularly. The clients pay for buying stocks, bonds, and other investments in the traditional markets.

CFD positions held overnight provoke overnight premium charges. Held positions over a weekend, will cost a 3-day swap charge. The overnight swap fees vary by the asset. For example, the overnight rate on stocks on the platform varies between -0.0111% and -0.0166%.

  • Bonds charge -0.0042%
  • Commodities, indices are around -0.0042% to -0.0053%.
  • CFDs charge up to -0.012%
  • ETFs cost between -0.0111% to -0.0166%
  • Forex and Crypto vary based on the currency.

The fees do not fix per trade. Thus the client may also lose some of the investment value through the spread of the trade. Therefore, it is important to understand how they affect total profitability.

Tradable Products

AvaTrade real account allows trading more than 1,250 assets for trading. These trades are all in the form of CFDs and include FX options, stocks, forex, indices, commodities, bonds, and ETFs.

Trades include stocks like Amazon, Apple, and Berkshire Hathaway; There are also other popular currency pairs including USD/EUR and EUR/JPY, the VIX ETF, and Bitcoin. Not all public stocks are on the platform. However, most currency pairs and funds are available for trades.

AvaTrade Crypto sphere offers Bitcoin, Ethereum, Litecoin, and Ripple trading. For Forex, AvaTrade offers a range of popular currency pairs and currencies including USD, Great British Pounds, EUR, Japanese Yen, Swiss Francs, and others.

AvaTrade Trading Platforms

trading platforms

AvaTrade online options are quite interesting. It offers seven unique trading platforms for the desktop, web, and mobile devices. MT4 and MT 5 are also avalable. The web and desktop platforms both offer a variety of features and customizations. Customization of chart views and data is possible.

Timing and speed are essential in market trading. Trade entry forms are built right into the chart views.  It is easy to trade on the fly.

Besides, it is possible to download native applications for Windows, Mac, Android, and iPhone. AvaTradeGO, the mobile version, offers quick and easy account summary views and trades.

Metatrader and AvaOptions web versions integrate easily with desktop platforms.

 

Research

AvaTrader offers average research solutions across multiple channels. Here is a Research Comparison chart:
AvaTrade 1

Advantages

  • In-house research tools and resources with content from third parties.
  • SharpTrader users can find daily and weekly technical and fundamental analysis articles. With integrated tools from external providers.
  • AvaTrade offers social copy-trading platforms, which including ZuluTrade, Dupli Trade, and the Signals market on AvaTrade MT4.
  • AutoChartist – a set of pattern-recognition tools for live account technical analysis for holders who deposit at least $500.

Considerations

  • Barely any research content, or forex news on the broker’s website;
  • No updates on the market video section. Few blog-posts on SharpTrader and much of the rest of its content is outdated.

 

Is AvaTrade Good? — Trading Experience

Important point to this AvaTarde review is real trade expirience. In fact AvaTrade fits both beginners and experienced traders. For beginners, AvaTrade offers useful bots and analysis tools to help newbie traders avoid costly mistakes. The platforms are user-friendly as well as easy to navigate. They start with basic charts that do not need an advanced degree to understand or decode.

On the other hand, advanced traders will appreciate advanced trade orders, automated selling tools, programmable bots, and a variety of platforms. All of them are usable on the web, desktop, or mobile devices.

 

Education

Educational materials are segmented into five major sub-topics. Allowing clients to find answers quickly and efficiently. Trading courses are well organized and divided into beginner, intermediate, and advanced topics, offering logical paths to skill-building. General articles cover all sorts of market topics, as well as tutorials on trading platforms.
learn from the best
Inexplicably, the main broker site includes an education sub-menu and a variety of useful materials not integrated into the dedicated site.

Customer Support

AvaTrade offers customer service offers help in 14 languages. Customer support is available via phone, email, or live chat on the Broker’s website.

The trader offers local phone numbers. Clients from all over the world but Antarctica can contact AvaTrade on internalional line: +1 212-941-9609.

AvaTrade Review: Conclusion

AvaTrade is a high-tech online broker. It offers its user’s access to a wide range of tradable markets with a CFD account. AvaTrade offers a transparent and user-friendly platform with tools for both beginning and advanced traders. Most AvaTrade reviews are positive, and clients are mostly satisfied.

Overall, AvaTrade offers a wide range of useful features and interesting platforms for all of the most beloved devices. However, it is always important to understand the risks and costs of any investment or trading plan. We want to summarize an assessment of the strengths and weaknesses of this company.

AvaTrade Advantages

  • Mobile and desk trade platforms and MetaTrader 4.
  • Customer support available in 14 languages.
  • The system uses advanced analytics to manage Client’s risk.
  • Regulated in Australia, Japan, the EU, South Africa, and the British Virgin Islands.
  • Upholds Crypto CFD trading on 14 crypto pairs.
  • Forex options on 44 currency pairs. (Off-exchange)
  • And also copy-trading platform.

Considerations

  • The range of research content and forex news is limited.
  • AvaTradeGo Mobile app is not compatible with most phones; use the MT4 AvaTrade app instead.
  • Inactivity fee on paused/stagnant accounts.
  • Also the desktop platform is rather limited.

All in all, with Ava trade real account you can with more than 1,250 assets. Those trades are all in the form of CFDs and include ETFs, bonds, commodities, indices, forex, stocks, and FX options. On the broker risk of losing money is very low. Thus, there is no high risk of losing. Ava trade is available every day on business days.

As already said, trades include stocks like Berkshire Hathaway, Apple, Amazon. Nonetheless, there are other popular pairs of currency like Bitcoin, the VIX ETF, EUR/JPY, and USD/EUR. Of course, not all public stocks are in the platform.

Thus, as we already agreed AvaTrade is good both for the experienced and beginner traders. For the beginners, AvaTrade is offering analysis tools and useful bots for helping newbie traders avoid costly mistakes. The platforms are very user-friendly as well as easy for navigating.

Moreover, as we already said the platform has an education material. Thus, the material is segmented into five major sub-topics. It allows clients to find answers efficiently and quickly. Courses of trading are very well organized. It is divided into beginner, intermediate, and advanced topics. Thus, it offers logical paths to skill-building.

Moreover, the broker site includes variety of useful materials and sub-menu.

We hope that AvaTrade Review was useful for you, make sure to check all reviews before selecting broker that fits you best. Happy trading!

Overall
3
  • Support
    (3)
  • Platform
    (3)
  • Spread
    (3)
  • Trading Instrument
    (3)
Comments Rating 2.01 (331 reviews)


You might also like

331 Comments

  1. Charlotte Langwell mai 31, 2023

Leave a Reply

User Review
  • Support
    Sending
  • Platform
    Sending
  • Spread
    Sending
  • Trading Instrument
    Sending