AVATRADE Review
The clients of Avatrade.com have the ability to “trade with confidence” thanks to the online trading platform that the company provides. Trading in cryptocurrencies is available around the clock, the company has licenses in six different countries, the spreads are extremely low, it has a mobile trading app, and it has an international sponsorship contract with Manchester City, who are the current champions of the Premier League. Since the company first opened its doors in 2006, the broker has been providing trading services of the highest possible standard.
The expansion and development of AvaTrade has been phenomenal. To this day, it is home to a community of more than 200,000 customers hailing from every corner of the globe. Its customer base completes more than two million deals every single month, and the company’s monthly trading volume is in excess of sixty billion dollars.
AvaTrade.com’s parent firm maintains sales centers and regional offices in the following cities: Paris, Milan, Dublin, Sydney, and Tokyo. However, its headquarters are located in Dublin, which is located in Ireland. The foreign exchange broker has been honored with nine awards from various industry organizations for the quality of the products and services it provides.
The following is a list of the accolades that have been bestowed upon AvaTrade thus far:
The Award for Europe’s Most Successful Broker (2017)
Award for the Best Trading Experience Provided by FXEmpire (2017)
jFEX’s Best Dealing Room Award (2017)
• The Best Broker Award from FX Empire (2016)
The Award for Europe’s Most Successful Broker (2016)
What Kind of Trust Can You Put in Avatrade?
AvaTrade has been granted regulatory permits to operate in jurisdictions located on all five continents. In addition to this, it has offices in countries that are located in various regions of the world, such as Dublin, Milano, Tokyo, Madrid, Australia, Mongolia, Nigeria, Chile, South Africa, and China. These are only some of the locations.
The following is a list of the licenses that it holds:
Regulatory Authority of the Investment Industry of Canada (IIROC)
The Bank of Ireland’s Central Reserve
Commission for Financial Services of the British Virgin Islands
Japan’s Financial Services Agency (in Japanese)
The Japan Financial Futures Association
— The Authority for the Financial Sector Conduct (FSCA)
Commission for Securities and Investments in Australia (ASIC)
Live chat, an online contact phone, and local phone numbers for a variety of countries across the world are all part of AvaTrade’s world-class customer service, which is available 24 hours a day, seven days a week.
Create an Account, and Get Trading Right Away
Demo accounts are available to traders at AvaTrade.com, where they can begin their trading careers. They are able to avoid putting their own hard-earned money at jeopardy because they have demo accounts. They have access to more than 250 different products and can trade using virtual funds.
At AvaTrade.com, establishing a demo account can be done in one of two ways:
The first method involves creating a short route by using either your Google or Facebook account.
The second method requires you to reveal your personal information, indicate that you are willing to receive market alerts, newsletters, and special deals from the Forex broker, and then click the button labeled “Create Account.
At AvaTrade, the process for opening a real account is exactly the same as the process for opening a demo account. The only significant distinction is that real money can be traded using this account.
AvaTrade.com gives those who adhere to Islam the opportunity to set up a trading account in accordance with their religious beliefs. Those who hold this account are granted the ability to trade on a variety of financial items around the clock, including commodities, bonds, currencies, FX, shares, and so on. In addition, Islamic accounts do not charge any interest or other special fees, and there is no such thing as a swap, which is in accordance with the Sharia law. Account holders who use Islamic banking are subject to daily administrative costs that they must pay.
However, Islamic accounts do not allow trading on cryptocurrencies or in specific currency pairs. Beginners who are interested in learning about trading without putting any of their own money at risk can do so by opening an Islamic demo account.
Buying and Selling Platforms
AvaTrade.com provides its customers with the following choices in trading platforms:
MetaTrader 4
The most widely used trading software platform in the entire globe is called MT4, and it may be used for trading through a web browser, on a desktop computer, or even on a mobile device. Customers will be required to download the MT4 software and install it on their PCs before they can engage in trading on MT4. Its support for the MQL programming language is its most notable characteristic. Experienced traders employ this language to develop Expert Advisors (EAs), scripts, and custom indicators, all of which are vital components of automated trading.
AvaOptions
AvaOptions is a feature that has simplified the process of trading options significantly. The following are some of its most notable characteristics:
Trade more than 40 different currency pairs.
Instruments for risk management and portfolio simulations
Obtain complete authority over your stock trading portfolio.
Traders have a greater degree of control over their transactions thanks to limit and stop orders.
Trade several accounts
Changing Commerce in the World
AvaTradeGO, which gives customers the ability to trade while they are away from their computers, is AvaTrade.com’s most appealing feature. Downloads of this cutting-edge mobile trading program may be obtained from the Apple Store for use on iOS devices and from the Google Play Store for use on Android devices.
Customers are able to sign up, make deposits and withdrawals, get updates about social trading, and much more with the help of AvaTradeGo, which incorporates all of the best features of MT4 trading platform.
Deal Using Your Apple Computer
With the help of AvaTrade’s online trading platform designed specifically for Mac computers, you may trade more than 250 different types of commodities, currencies, stocks, and indexes. This MT4 platform is extremely powerful and is compatible with all modern browsers. Customers have the choice of using the no-download option or the native trading apps designed specifically for the iPhone and iPad.
Web Trading
Web trading is an excellent option for individuals who do not wish to install any trading software on their computer. They are able to begin trading quickly through their browsers and take advantage of features such as numerous charting facilities, one-click trading, instant trading, support for 41 languages, and a number of overlays and analytical tools.
Trading Through Automation
By utilizing trading systems such as ZuluTrade, DupliTrade, and MQL5, AvaTrade.com simplifies the process of automated trading.
DupliTrade
You are able to automatically mimic the trades of successful traders by using a tool called DupliTrade.
ZuluTrade
This is a highly developed MT4 platform for automated trading, and it comes equipped with the following features:
A diverse selection of the most reputable signal suppliers
Facilities to copy expert traders
Instruments for the management of both strategy and risk
A thriving community for commercial exchange
A ranking of traders based on their amount of successful trades
MQL5
MQL5 Signals is the name of the largest auto trading community in the world, and all clients of AvaTrade.com are given free access to it. As a result of the fact that this function is built into the MT4 platform, traders are able to receive signals sent by the most reputable providers directly on their trading platform. Demo account users who have access for the whole 21 days can also test out this functionality.
Financial Tools Used in Trading
Trading cryptocurrencies, contracts for difference (CFDs), and foreign exchange are all available through AvaTrade.
When you trade on the Forex market, you have access to more than 50 different currency pairs. In addition, AvaTrade offers forex trading with competitive spreads, highly developed platforms for forex trading, leverage of up to 400:1, and live assistance available 24 hours a day, 5 days a week, and in several languages.
Contracts for Difference (CFD) Trading — Avatrade provides clients with access to a wide range of CFD products, including indices, commodities, equities, bonds, exchange-traded funds (ETFs), and cryptocurrencies. AvaTrade offers CFD trading with leverage of up to 400:1, great customer assistance available 24 hours a day, 7 days a week, and in various languages, and advanced trading platforms.
Litecoin, Ethereum, and EOS are among of the altcoins and cryptocurrencies that may be traded on AvaTrade. AvaTrade also enables trading on cryptocurrencies such as Bitcoin Cash, Bitcoin, and Bitcoin Gold. Trading cryptocurrencies can be done on AvaTrade.com, which offers a variety of features to accompany the service, including live quotations, competitive swap rates, leverage of up to 20:1, customer assistance in 14 languages, and strong trading platforms. Traders can put in as low as one hundred United States dollars. Traders who bet against the price of a cryptocurrency might make a profit by shorting the coin.
Get Yourself Educated and Teach Yourself How to Trade
Education is the focus of an entire area of the website that belongs to AvaTrade.com. Its motto is “trade with confidence,” and the company knows full well that the only way to empower traders and give them confidence is to educate them. Therefore, the company provides the greatest trading education possible.
The following are some of the educational opportunities available at Avatrade:
Blog – Pay a visit to the AvaTrade blog to obtain the most recent articles that are educational and helpful, as well as trading tips and insights.
Economic Indicators – These can assist you in making judgments based on accurate information.
eBook: For those who are just starting out in forex trading, Avatrade is making available a free eBook with the title “Forex Trading Strategies.”
Avatrade has the best video training available for novice traders, as well as those with intermediate and expert levels of experience.
Trading for Beginners – This is basic information for beginners, teaching them the ABCs of forex and CFD trading. Trading for Advanced Traders – This is advanced material for advanced traders.
Sharp Trader – Sharp Trader is an educational website that provides its customers with information that is not available anywhere else. It includes resources such as videos for traders at different levels, analytical videos, daily fundamental and technical analyses by Avatrade’s market analysts, and a wide range of trading tools such as trading platforms, economic calendars, and trading calculators, to name just a few. Additionally, it includes daily fundamental and technical analyses by Avatrade’s market analysts.
Details Regarding the Process of Making Deposits and Withdrawals
The use of credit cards, debit cards, electronic wallet services, or wire transfers are all acceptable methods for making deposits. You will be required to validate your account by submitting copies of several supporting documents before you can make a deposit.
Deposits made with a credit card or debit card are immediately reflected in trading accounts. However, trader accounts won’t be credited with deposits made using electronic payment processing services such as Neteller, WebMoney, and Skrill until after a full day has passed. Traditional means like as wire transfers can take anywhere from three to seven full business days to complete, depending on the trader’s bank and the country in which they are based. Because the broker needs additional time to verify the customer’s information, the consumer may be required to wait one banking day before being allowed to make a deposit using their credit card for the first time.
Avatrade will apply withdrawals to the same payment method that was utilized for the initial deposit. Traders are required to withdraw up to 200% of the total amount that they first placed to their credit or debit card. After this, they will have the opportunity to select an alternative method of withdrawal. If a customer deposits funds through a third party, they are required to withdraw the full amount of their deposit using the payment method they first used.
Within one day, AvaTrade.com will complete your withdrawal request and credit your account. However, the exact amount of time it takes for earnings to appear in the personal accounts of traders depends on the method of withdrawal that they choose. As a result, withdrawals using e-wallets can take up to one working day, withdrawals made using credit or debit cards can take up to five working days, and withdrawals made using wire transfers can take up to seven working days.
Clients are required to validate their accounts, fulfill the minimum trading requirements for bonuses claimed, make use of the appropriate withdrawal method, and keep a suitable amount of usable margin before they may make a request for a payment.
A Few Parting Thoughts Regarding Avatrade
The fact that AvaTrade has been honored with numerous accolades from its peers in the trading sector is evidence of the company’s dependability and excellent reputation. AvaTrade welcomes both first-time traders and those with years of experience in the financial markets.
This foreign exchange broker is, in our opinion, among the very best that the globe has to offer. It possesses both a license and regulatory oversight, in addition to providing a number of trading platforms and hundreds of trading instruments. In addition to that, it instructs new consumers on how to trade.
You have the option of beginning with a demo account if you do not wish to expose yourself to any significant dangers. You can test the waters of AvaTrade with the use of a demo account, which allows you to avoid risking any of your own money. We strongly recommend that you begin the process by clicking here.
FAQ
What kinds of trading platforms does Avatrade offer support for?
AvaTraderGO, MetaTrader 4/5, WebTrader, AvaSocial, AvaOptions.
What is the minimum amount that must be deposited into an Avatrade account before it may be opened?
100 USD.