The multiple options it allows in terms of trading platforms and software is an added positive. AvaTrade has a dedicated website called “The Sharp Trader,” which provides all information a trader may need for trading. The broker also provides plenty of trading tools and educational materials free of charge whilst the customer support team are available to answer any questions in a prompt and friendly manner.

Also, AVATrade is a globally recognized forex broker, founded in the year 2006. It’s regulated by three tier-1 jurisdictions and three tier-2 jurisdictions. Forex affiliates get to work from home and get rewarded for referring traders to us.

I like how they make everything available through one account. There is a vast array of minor, major and exotic forex pairs, along with a generous selection of cryptocurrencies. AvaTrade CFDs include a selection of commodities and bonds while shares and ETF offerings are dominated by highly liquid big tech stocks.

AvaTrade contains a number of trading assets of varied nature. Agencies of multiple countries regulate it under financial laws. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.

Mobile Platform Features

If deposits do not arrive in traders’ accounts, they can also contact the support team. AvaTrade provide demo accounts if you would like to test the different trading platforms and conditions before opening a real account with them. This can be a good way to familiarise yourself with the broker before trading on a real account. Another thing worth noting here is that AvaTrade does not have zero spreads accounts, as the total trading cost is already included in spreads. Many day traders like to trade with zero spreads but bear a commission fee for opening and closing a position. AvaTrade offer up to date fundamental and technical market analysis that helps to keep you informed with the latest markets movements and assist in making educated decision whilst trading.

This can help you to make educated decisions based on live market sentiment. With AvaTradeGO, I find that trading is made as simple as possible. The app provides you with step-by-step guidance on opening trades, feedback on your activity and support any time you need it. You are able to manage multiple accounts from the app and switch between demo or real accounts, to get all the data you need on your trades while using your AvaTrade account credentials. This saves me having to switch between accounts and platforms which can be annoying.

It doesn’t matter if you have any prior experience, I found the platforms to be easy to use right from the get go. You can also open a demo account for free to try https://broker-review.org/ them out risk-free before making a financial commitment. Ava Capital Markets Australia Pty Ltd is regulated by the Australian Securities & Investments Commission .

Another great thing about MT4 is that it is widely available across most brokerages. Therefore, if you do master the platform and decide to switch to another broker at a later date, your skills won’t go waste. On the other hand, if you perfect a broker’s proprietary platform and then leave, you will need to start from scratch with another platform. The broker accepts clients from all over the world, excluding the USA, Belgium, and Iran.

Features of the Trading Platforms

The inactivity fee will be deducted from the customer’s trading account. For forex trading, Avatrade doesn’t charge any commission on any trade but is compensated through the bid-ask spread. If the spread is 3 pips on 1,000 units of a currency pair, then the compensation to the brokerage amounts to $0.30.

This means that they must comply with strict regulatory compliance rules. This applies to how they handle client funds , security and reporting of financials. Trading with a broker who is regulated in numerous countries helps to give you peace of mind that you are using a trusted and reputable trading broker. In case there’re Muslim traders, they’re offered a ‘swap-free account’.

AVATrade Customer Care or Contact Details

Commissions are charged on some financial instruments such as Platinum. I have used this app for several months and I have certainly not had the negative experiences expressed here. I mainly use it for checking my positions rather than making any. It is quick and easy to use and I like to biometric login, very convenient. Mobile users who are not yet ready to trade live can access a practice account with AvaTradeGo. Switching over to a real account from a demo account can be done via the demo dashboard by clicking on the ‘Upgrade to Real‘ button.

Following the withdrawal of funds, the client can email his/her account manager or customer support and request closure of the account. Deposits may be made using a regular credit/debit card, in which case the payment will be credited instantaneously. E-payments through Skrill’s Moneybookers, Webmoney and Neteller will be credited within 24 hours. Meanwhile, deposits done through wire transfer can take up to 7 business days, depending on the bank and country. The firm provides phone support with separate numbers provided for each country where Avatrade operates and a live chat option is also available. With the firm’s intuitive and simple interface and the solid backup provided by the AvaTrade’s customer support team, a beginner can easily and comfortably navigate through the complex investing world.

I like to look at historical performance to get a rough idea of what to expect, but past results do not mean things will be the same moving forward. If you just want to trade forex and are not too fussed about complex market analysis, then MT4 should be more than adequate. However, those of you who want to trade stocks and have as many professional tools at your disposal as possible, you may prefer the more advanced MT5 platform.

• Some of the other applicable charges include overnight interest, maturity rollover, corporate actions, etc.
• Trading Central’s proprietary technology is grounded on technical reviews which are based on psychological market behaviour.
• Users can choose between a practice account or a real account.
• Further, AvaTrade offers customers negative balance protection.
• All of the below bodies provide protection over clients’ funds by ensuring they are kept in separate bank accounts.

AvaTrade caters to the needs of diverse client groups due to the options it provides in terms of its trading platforms/software and tradable asset classes. Leverage allows the trader to open positions greater than the total amount of money he has in his trading account. When opening a trading position and holding it for more than one day, the money lent by the broker to leverage the position must be refinanced and daily interest is charged. Traders can open a live trading account with a minimum deposit of $\£\€100 by credit card deposit and $/£/€500 by wire transfer.

Research from AvaTrade

The AvaOptions platform aims to make trading options easier via mobile or desktop. You can express your market view with calls and puts, and use the embedded tools to help try and maximise your return. There are more than 40 forex options and more for any combination of call and put options in one account to create your optimal portfolio. Execute straddles, strangles, risk reversals, spreads, and other strategies.

Get a Forex Pro on Your Side

This can be beneficial for traders who are from Canada, as both brokers are regulated by IIROC. Meanwhile, Forex.com is another good alternative with over 4,500 trading instruments. Which makes it one of the platforms meant for traders who exchange diverse markets. AvaTrade has a dedicated webpage which provides information in the form of answers to FAQs. Information is available regarding withdrawal, support, deposits, affiliates and partners, trading platforms, trading, documents, etc. The firm also charges inactivity fees of $50 for 3 consecutive months of non-use.

Investment in Asset Classes or Markets by AVATrade

AvaTrade offers excellent customer support via several multilingual options. The options include live chat, email, F.A.Q. Page, social media, fax, and through telephone. Leverage at Avatrade will vary by the asset and the country of origin of the trader. Maximized leverage is possible with a professional account if traders are operating from Europe. AvaTrade carries a wide range of educational tools in a webpage dedicated for education. It provides educational content for beginners, focusing on online trading forex, CFD, along with technical analysis.

Trades can be placed in just a few clicks of your mouse or tap on your mobile device. This is useful because you might want to switch between the desktop and mobile app. I know that I have placed trades on my laptop before and enjoyed the convenience of tracking progress via the app. The Cyprus Securities and Exchange Commission regulates DT Direct Investment Hub Ltd.