AvaTrade Review: Pros, cons and fees

It has huge profit potential, but you may also lose all your invested funds. That’s why it’s always better to learn the basics first, use a demo account for training and get used to trading financial instruments. AvaOptions is AvaTrade’s flawless, intuitive and user-friendly platform that allows you to trade options. Our AvaTrade broker review will identify some advantages that attract the attention of potential clients. These include AvaTrade’s competitive spreads, a good selection of instruments, a variety of customisable trading platforms, plus their trading academy and automated trading offers. I like the trading environment at AvaTrade as it presents a range of trading platforms and enough assets suitable for most investors and traders.

  1. This is essentially a practice account to help beginner traders improve their trading experience in a risk-free environment.
  2. Additionally, if you’re based in Australia, you can select an account in AUD and if you’re based in the UK you can select an account in GBP.
  3. It’s been recently enhanced, facilitating a more immersive, real-world trading simulation.
  4. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The service was great , Alev Nazli fully explained the parts I did not understand and made me aware that there is a copy trading service and professionals mentors. It is worth noting here that AvaTrade does not accept residents of the United States as clients at this time.

Products You Can Trade With AvaTrade

Essentially this is where the most prominent listed companies release their financial details. This information is relevant as it often provokes price movements in the respective stocks. In short, the broker adjusts the price between the previous and the current contract. To stop the rollover you simply close the order before the expiration date. AvaTrade Go comes equipped with clear charts; a comprehensive dashboard; easily understandable management tools; embedded guidance and feedback on your trading activity.

They have also partnered with research provider Trading Central to offer comprehensive market analysis and insights. There is a wide variety of educational opportunities offered by the broker, as a result, beginner traders can learn more about the market directly with the broker. This material can be used by traders to expand their knowledge and understanding of the Forex trading market and better comprehend how things work in the markets. It is very important for traders to ensure that their accounts are not left inactive without deactivating them. If you believe that you won’t be trading for several months, it is better to contact the broker and deactivate your account for some time.

Indices

Its commitment to education, diverse range of tradable assets, competitive spreads, and reliable trading platforms make it an excellent choice for both beginner and experienced traders. With a strong reputation, regulated status, and top-notch customer support, AvaTrade is a compelling option for those seeking a reputable online trading partner. They offer you an excellent range of trading instruments across different asset classes. While many trading platforms only provide a small selection of trading instruments, AvaTrade offers one-stop-shopping for users to trade a variety of financial instruments. Forex spot trading is available with both fixed and variable spread pricing.

How to open an account – AvaTrade Japan

Because AvaTrade offers a large collection of CFDs on stocks, they also provide a complete schedule of Earnings Releases. One of AvaTrade’s most attractive characteristics is the ability to trade vanilla options on more than 50 instruments. Negative balance protection means that a trader cannot lose more than his account balance. AvaTrade uses both the MetaTrader family of platforms and their own online AvaTrade platform, as well as their own proprietary platform AvaTradeGo. They’re regulated by authorities like the Central Bank of Ireland, FSA, ASIC, BVIFSC, FFAJ, FSC and FRSA.

AvaTrade Deposits & Withdrawals Review

If deposits do not arrive in traders’ accounts, they can also contact the support team. These are standard accounts that are spread-only, ECN accounts that have commissions added to the spread, and fixed spread which means spreads don’t or rarely vary. AvaTrade is an internationally regulated forex and CFD broker that offers commissions free trading. In addition to 55 Forex Pairs, our AvaTrade review found a typical EURUSD spread is 0.9 and they offer 42 forex options and good risk management. It should also be noted that traders should consider opening a trading account in the same currency as their bank account to avoid supplementary expenses with currency conversion fees.

Due to regulatory requirements, you must withdraw funds via the same method used for making a deposit. The AvaTrade economic calendar enables you to stay on top of the most important news releases that can have an impact on market movements and asset prices. You can monitor economic events and data releases, understand the impact on the relevant asset and act upon the indicator by trading directly.

At AvaTrade the platforms used by nearly all traders are one of the two MetaTrader platforms. Yes, AvaTrade offers both MetaTrader 4 and MetaTrader 5 for trading all assets, except options. Any client with an Options Account needs to use the proprietary AvaOptions trading platform.

You will also have to take a quick quiz to determine how knowledgeable you are about Forex trading. To make the best decision for yourself, it is very important to try and understand your interests as well as your goals for trading. Once you decide which account you want to open, simply click the orange “Register Now” button on the left side of the broker’s home page. As an international Forex broker, AvaTrade ensures that it is able to meet the needs of every single trader around the world.

Customer Support

In order to withdraw that bonus the trader would have to generate a trade volume of $2 million within 6 months to withdraw that $200 bonus. So the bonus might be good for increasing trade size, but it isn’t likely that most will ever be able to withdraw the bonus, so don’t think of it as free monies. The first line of support at AvaTrade is the online support center, which is loaded with FAQs to answer nearly all of the basic questions a client might have.

With the Virtual Hosting, MetaTrader 5 can operate even when the computer is turned off. With the AvaTradeGO app, you get step by step guidance on how to trade online along with built-in support, making it a popular choice for new traders. You can conveniently view and manage multiple positions and accounts from a single app. The watch list feature lets you keep an eye on your favourite markets, with an impressive range of over 250 financial instruments to trade all from within the palm of your hands. AvaTrade do not charge any fees to make deposits or withdrawals to and from your trading account.

Traders will be pleased to hear that AvaTrade do not charge any commission fees on trades. This means that frequent traders do not need to worry about mounting up unnecessary commission avatrade review costs. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.

Additionally, Vanilla Options are available for Forex trading on the AvaTrade platform. Stocks, bonds, indices, commodities, and more are available to trade with Contract for Difference (CFD) instruments. AvaTrade even offers exposure to the newly emerging cryptocurrency industry, with CFDs available on 7 of the sectors top coins. However, AvaTrade doesn’t let you integrate with TradingView or cTrader, which is a slight disappointment for us. TradingView offers the best user interface and impressive charts or analytical tools.