Avatrade has grown to become one of the leading online brokers since its founding in 2006. Headquartered in Dublin, Ireland, the company is fully-licensed in several regions around the globe, including the EU, Australia, the Middle East and Japan.
The company is known for its focus on providing unparalleled customer experience and support, with a strong emphasis on ease-of-use and education. Ava has won numerous awards since 2009, collecting several in the last year alone, including Most Trusted Broker, Best Islamic Broker and Best Customer Support.
Traders can open an Avatrade account for as little as $100. The broker also offers a 21-day risk-free demo account, providing a great way to get a feel for the broker and practice trading under real market conditions.
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Bonuses:
Ava offers bonuses of up to $5,000 for new members. The standard bonus structure is also occasionally supplemented with additional special bonus offers.
Range of Markets:
More than 200 financial instruments are offered for trading, including
- Forex
- Commodities
- Indices
- Equities
- Bonds
- Exchange Traded Funds (ETFs)
Leverage:
Up to 1:400
Spreads:
Fixed and Floating Spread accounts are available, with spreads starting from as little as 0.9 pips.
Trading Platforms:
- AvaTrader – Available as a downloadable platform, mobile app & browser-based platform.
- MetaTrader 4 – Ava offers the world’s most popular trading software as a free-to-download trading terminal, mobile app & web-based platform.
Automated Trading:
Ava customers have access to one of the widest ranges of automated trading solutions, making it the ideal broker for inexperienced traders and those too busy to monitor the markets.
- Mirror Trader
- Currensee
- Ayondo
- ZuluTrade
Account Funding:
Customers can fund their accounts using a number of different methods: Credit card, Paypal, wire transfer, Neteller, WebMoney, Skrill and more.
Accounts can be denominated in various base currencies: US Dollar, GBP, Yen and Euro.
Withdrawals:
Withdrawing funds from Ava is typically a simple process and is usually completed within five business days.
Funds are always returned to the source from which they were deposited, up to the amount of the original deposit. Any additional funds can be credited by a method of the trader’s choosing.
Safety of Funds:
Ava’s EU subsidiary, Ava Capital Markets, maintains strictly segregated accounts, ensuring complete separation between customer funds and the broker’s other assets.
Customer Support:
Avatrade’s award-winning customer support means customers can rely on having their problems dealt with in a professional and timely manner, no matter what time of day.
- Personal account manager fluent in trader’s native language
- Multilingual customer support 24 hours/5 days a week
- Instant chat feature
- Online support centre
Conclusion:
Avatrade is a fine choice of broker for traders of all types. The provision of excellent customer support, top notch educational resources and practice accounts makes it ideal for inexperienced traders.
At the same time, the wide range of financial instruments, highly competitive spreads and professional-quality news and analysis provide everything required by the more experienced trader.