Introduction

Are you thinking of trading with AvaTrade? If so, great choice! In this AvaTrade review, we dive into the company’s background, regulations, trading features, account types, trading fees and more. We also explain how to open an account with AvaTrade, compare the pros and cons of trading with this broker and provide helpful tips for beginners.

Overall, our research suggests that AvaTrade is a reliable broker that is trusted by more than 400,000 traders worldwide and we highly recommend this broker for all styles and levels of trading.

 

 

AvaTrade is a globally regulated, multi-national online broker that was founded in 2006, with over 400,000 registered users worldwide and more than $70 billion traded per month.

This award-winning broker offers a wide range of tradable instruments, powerful platforms and intuitive trading tools, making it easy for you to diversify your portfolio and trade with confidence.

 

AvaTrade Pros and Cons

Pros ✔️	Cons ❌
Tight spreads	Only 5 deposit currencies
Beginner-friendly	High minimum deposit
1,250+ instruments	Inactivity fees (after 3 months)
Negative Balance Protection
Educational resources provided

 

AvaTrade Regulations

AvaTrade adheres to strict policies and regulations, making it one of the safest brokers to trade with. 

This broker is regulated in the European Union (CBI, MiFID), Poland (FSA), Australia (ASIC), Cyprus (CySEC), the British Virgin Islands (FSC), Canada (IIROC) Japan (FFAJ, FSA), South Africa (FSCA), the Middle East (ADGM) and Israel (ISA).

Avatrade is a highly compliant investment firm, providing you with secure trading and peace of mind.

 

AvaTrade Instruments

When joining AvaTrade, you can trade a variety of Forex pairs, Stocks, Commodities, Options, Cryptocurrencies, Indices, ETFs and bonds.

 

Forex

AvaTrade offers more than 50 currency pairs with a maximum leverage of 400:1 and spreads starting as low as 0.9 pips.

 

Commodities

The commodities you can trade are Gold, Silver, Oil, Platinum, Natural Gas, Gasoline, Cocoa, Copper, Corn, Soy, Wheat, Coffee, Sugar, Cotton and Palladium, and the leverage on commodities ranges from 50:1 to 200:1.

 

Indices

AvaTrade offers global market indices, such as USTECH_100, AUS_200, JAPAN_225 and many others. The maximum leverage offered on selected indices is 200:1, but 10:1 is the highest leverage allowed on most indices. 

 

Stocks

AvaTrade offers over 600 stocks from companies like Apple, Google, Amazon, Netflix, Microsoft, Tesla and hundreds more, with a maximum leverage of 10:1 on all stocks.

 

Cryptocurrencies

If you are interested in investing in cryptocurrencies, AvaTrade offers several crypto CFDs, including:

• Ethereum
• Bitcoin
• Bitcoin Cash
• Litecoin
• Ripple
• Uniswap
• Chainlink
• Solana
• Polygon

…and more

 

You also have the option of investing in a variety of options, EFts and Bonds when you join AvaTrade.

 

AvaTrade Platforms

Whether you are new to trading or a pro, AvaTrade offers trading platforms that meet the needs of all styles and levels of trading. As a client, you can trade on the following platforms:

 

AvaTradeGO:

AvaTradeGO is AvaTrade’s proprietary trading app. Its features include:

• Compatiblity with iOS and Android devices
• A user-friendly, intuitive dashboard
• Access to over 250 tradable instruments
• Beginner-friendly
• Customization of watchlists and price alerts for your desired instruments. 
• Access to Technical analysis, financial insights, market trends and live price updates 
• Advanced charting tools. 
• You will always have access to updated market trends and financial insights when using this app.

 

AvaOptions:

AvaOptions is AvaTrade’s proprietary social trading platform fo trading vanilla options. It offers the following:

• Compatible with desktop and mobile devices
• Customizable watchlists and powerful chart visualization tools
• Streaming prices of more than 40 currency pairs and Gold
• Interactive sliders to set limits, streamlining your trading experience
• Options Strategy guide provided
• Choose from 13 Options Strategies to implement into your trades
• Intuitive risk management tools 

 

MetaTrader 4 (MT4):

MT4 is a popular mobile and desktop platform for trading Forex, Indices and Commodities. It offers a wide range of features, such as:

• A powerful trading system with multiple order types and execution modes
• Online quotes, interactive charts and robust analytical functions
• Can be used for copy trading, offering thousands of strategy providers
• Access to trading alerts and real-time financial news, with insights into current market conditions

 

MetaTrader 5 (MT5):

MT5 is a popular choice for trading CFDs, Forex, Stocks and Futures. It offers all the features of MT4, as well as more advanced tools and capabilities for more experienced traders.

 

The features of MT5 include: 

• Supports both the traditional netting system and the hedging option system
• Four order execution modes (Instant, Request, Market and Exchange execution)
• A wider selection of analytical tools, more timeframes and more indicators
• Allows you to open 100 charts (currency and stocks quotes) at a time
• Can be used for copy trading
• Algorithmic trading platform that allows the use of EAs and trading robots
• VPS can be combined with trading robots to trade even when your computer is off
• Translated into 30+ languages

 

If you will be trading on one of the MetaTrader platforms, be sure to visit the MetaTrader marketplace to browse through thousands of additional technical indicators, Expert Advisors (EAs) and trading robots.

 

AvaTrade WebTrader:

The AvaTrade WebTrader is a beginner-friendly trading interface that requires no download or installation. 

 

It offers the following features:

• Compatible with any computer
• Gives the user access to all account types and instruments
• Live market sentiment provided
• Advanced charting tools and indicators 
• Multiple order types
• You can easily monitor trading history and charts

 

Duplitrade:

Duplitrade is a popular platform for copytrading and automated trading. All strategy providers are audited before being added to the platform and only regulated brokers are allowed to offer this platform to the public.

 

The features of Duplitrade are the following:

• Auto-execution mirroring system 
• 24-hour customer support
• Beginner-friendly
• Availability of tutorials
• Users receive real-time email notifications and alerts
• Great way to learn new trading techniques
• Can be connected to MT5
• 30-day Free demo account available
• No set-up fees or monthly charges, but minimum deposit is payable to broker

 

Zulutrade:

ZuluTrade is one of the most popular social trading platforms in the world and is licensed and regulated in Europe, Japan and the USA.

 

ZuluTrade offers the following features:

• FINVASIA Group company, Established in 2007
• Wide range of instruments supported
• Simulation tool to helps you replicate the results of the Leader strategies you are testing, based on real-time data
• Built-in economic calendar provided
• Built-in calculators to determine pips, profit and margin
• Built-in currency converter
• ZuluGuard capital protection feature to protect your investments

 

How to Choose the Right Platform?

Choosing the right platform depends on your level of trading experience and knowledge of using trading tools. 

It also depends what instruments you want to trade and whether you want to use copy trading to automate your trading. 

A variety of instruments can be traded on most of the platforms AvaTrade offers, and most of these platforms offer some level of automated trading.

The best platforms for beginners are AvaTradeGO and the WebTrader. If you’re interested in copytrading, we recommend trying AvaSocial, DupliTrade or ZuluTrade. 

For more experienced traders, the MetaTrade platforms and AvaOptions might be more suitable.

 

AvaTrade account types

Retail account

AvaTrade’s retail account is the default account that is opened when you register and this account is available to all traders.

It is a beginner-friendly account that gives you access to all instruments and platforms.

The retail account offers commission-free forex trading, with spreads starting from as low as 0.9 pips and a maximum leverage of 400:1 on selected pairs.

However, the leverage you are allowed to use may differ depending on your country and experience level.

Our research suggests that EU-based clients have a maximum leverage of 30:1 and clients outside the EU can leverage their trades up to 400:1.

To open a retail account, you must deposit $100 or equivalent in the accepted currencies.

 

Professional Account

If you are an experienced trader seeking more freedom and flexibility with your investments, you can upgrade to a Professional account with AvaTrade.

The main advantage of trading with a professional trading account is that you can trade with maximum leverage and minimum margin requirements.

 

To be eligible for a professional account, you will need to meet at least two of the following criteria:

• Sufficient trading activity in the last 12 months
• Relevant experience in the financial services sector
• Financial instrument portfolio of over €500,000 (including cash saving and financial instruments)

 

If you do not qualify yet, you can fast-track your eligibility by boosting your trading experience and volume on a regular retail trading account, and we also recommend taking a certification course on derivatives trading.

 

Demo account

AvaTrade’s demo account offers risk-free trading for 60 days using virtual funds. If 60 days have lapsed, you can request an extension on your demo account.

Using a demo account is a safe way to learn how to trade if you are a beginner, or to test strategies and tools without losing any money.

The demo account is also Sharia-compliant, which means Muslim clients can use it.

Although demo accounts use virtual funds, the price feeds are live on both demo accounts and live accounts, so you can get a feel of the real markets without risking your capital.

Only one demo account can be created per registration, but you can open a demo account as many times as you wish.

 

Swap-free account

AvaTrade’s Swap-free account is managed according to Sharia law and is specifically designed for Muslim clients.

The main difference between normal accounts and swap-free accounts is that no overnight fee is charged when positions are held overnight.

AvaTrade’s swap-free accounts allow trades to be held open for a maximum of 5 days without incurring the overnight fee, but after 5 days, fees will be charged.

 

To open a swap-free account:

1. Verify your account
2. Send all the required documentation
3. Fund your account
4. Apply for a swap-free account

 

The swap-free account can be used to trade the following:

• Halal Gold and Silver
• Halal Oil trading
• Halal Indices
• Halal Forex

 

How to Open an Account with AvaTrade

Opening an account with AvaTrade is easy. All you need to do is follow these steps:

Step 1: Go to the AvaTrade website

Step 2: Click on the “Open Trading Account” button

Step 3: Enter your email and create a password OR continue with your Google, Facebook or Apple accounts

Step 4: Submit the required documents to verify your account

Step 5: Add a payment method and fund your account

 

 

Now that you have created an account and funded it, you can start trading as soon as you are ready.

 

AvaTrade Deposits and Withdrawals

How to Make a Deposit

A minimum deposit of $100 (or equivalent) is required to open an account and you can make a deposit using the following currencies:

• USD
• ZAR
• EUR
• GBP
• AUD

 

Deposit methods include wire transfer, credit cards, Neteller, Skrill and Perfect Money.

To fund your account, open the “Deposit” page, click on the “Fund your Account” tab and choose one of the available payment methods.

 

How to Make a Withdrawal

Making a withdrawal is easy, but you can only make withdrawals using the same method you used to make a deposit.

 

To make a withdrawal, follow these steps:

Step 1: Log in to your account

Step 2: Open the “Withdraw Funds” tab

Step 3: Choose your withdrawal method (depending on what options are available)

Step 4: Select a bank account or card if you used one of these methods to make a deposit

Step 5: Click on “Submit”

 

Your withdrawal will be processed within 24-hours.

 

AvaTrade Trading Tools and Resources

Whether you are a beginner or an expert, AvaTrade provides a great selection of high-quality trading resources, including:

• Trading guides
• Trading courses
• Trading signals
• Access to trading signals
• An Economic Calendar
• Market Analysis

 

Trading guides and courses can be found under the “Academy” and “Education” sections of the website. There are courses for trading each instrument, as well as a beginner’s course, platform tutorials and an introductory course for technical analysis.

You can also learn more about market terms, order types, strategies, economic indicators and more. 

Whether you want to learn the basics of trading, refine your skills or stay up to date with the markets, AvaTrade provides all the resources you need to make informed decisions.

AvaTrade’s trading signals are actionable ‘buy’ and ‘sell’ suggestions that are generated by technical/fundamental analyses.
To access the trading signals, you need to first open an account with AvaTrade.

 

AvaTrade Fees and Commissions

AvaTrade does not charge commissions on trades but charges the following fees:

• Overnight interest fees (swap fees) for holding positions overnight
• Inactivity fees (after 3 consecutive months of non-use)
• Administration fee (After 12 consecutive months of non-use)

 

AvaTrade Customer Support

AvaTrade’s customer support team is available 24/5 via live chat, email and telephone, and support is offered in multiple languages.

You can also contact them via Whatsapp or submit a ticket directly from the website.

The customer support team will be able to help you with account queries, technical queries and all other general questions you might have.

We suggest also visiting the FAQ section to see if there is any helpful information already provided.

 

AvaTrade Awards

AvaTrade has won more than 100 awards over the years. The most recent awards include:

2024:

2023:

 

Conclusion

AvaTrade has been around for many years, receiving dozens of awards internationally and being globally recognised as one of the best online brokers.

AvaTrade offers accounts for all types of traders, including Muslim traders. Experienced traders have the option of using a Professional account, which has higher leverage and lower margin requirements.

AvaTrade clients can also sign up for AvaTrade’s VIP perks, which give them priority customer support, favourable trading conditions and more.

 

 

Whether you are new to trading or a professional, there is an abundance of educational resources, research material and trading tools at your disposal when joining this broker.

As a client, you can choose from multiple trading platforms to trade a variety of instruments and this broker is a great option for copy trading. 

AvaTrade is safe and highly regulated, but there is always the risk of losing your capital when you trade online, regardless of which broker you choose. 

We hope that this AvaTrade Review answers some of the questions you might have about this broker.

Goodluck with your trading!

 

FAQ

1. What is AvaTrade?

AvaTrade is a beginner-friendly online trading broker that allows users to trade a variety of financial instruments, including forex, commodities, stocks, indices, cryptocurrencies, and CFDs. 

AvaTrade provides a great selection of educational resources and offers commission-free Forex trading, flexible account types and powerful trading platforms.

 

2. Is AvaTrade regulated?

Yes, AvaTrade is regulated in multiple jurisdictions. It holds licenses from several regulatory bodies, including:

• The Central Bank of Ireland
• the Australian Securities & Investments Commission (ASIC)
• the Financial Sector Conduct Authority (FSCA)
• Cyprus Securities and Exchange Commission (CySEC)
• Financial Supervision Authority (FSA)
• Financial Regulatory Services Authority (FRSA)
• Israel Securities Authority (ISA)
• Financial Futures Association of Japan (FFAJ)

 

3. What types of accounts does AvaTrade offer?

AvaTrade offers several types of accounts, including: 

• Standard Account
• Demo Account
• Swap-free Account
• Professional Accounts

 

4. What is the minimum deposit required to open an account with AvaTrade?

The minimum deposit required to open an account with AvaTrade is $100. 

 

5. Does AvaTrade offer a demo account?

Yes, AvaTrade offers a free demo account that allows users to practice trading with virtual funds in a risk-free environment for 60 days.

 

6. What platforms can I use to trade with AvaTrade?

AvaTrade supports several trading platforms, including:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• AvaTradeGO (its proprietary mobile app)
• AvaOptions
• DupliTrade
• ZuluTrade

 

7. What are the deposit and withdrawal methods available on AvaTrade?

AvaTrade offers a variety of deposit and withdrawal methods, including:

• Bank transfers
• Credit cards
• PayPal
• Neteller
• Skrill
• Perfect Money

 

8. Are there any fees associated with trading on AvaTrade?

AvaTrade does not charge commissions on trades but charges the following fees:

• Overnight interest fees (swap fees) for holding positions overnight
• Inactivity fees (after 3 consecutive months of non-use)
• Administration fee (After 12 consecutive months of non-use)

 

9. Does AvaTrade offer customer support?

Yes, AvaTrade provides 24/5 customer support in multiple languages via live chat, email, and phone.

 

10. Is AvaTrade suitable for beginners?

Yes, AvaTrade offers a beginner-friendly standard account, with beginner-friendly platforms and a wide range of educational resources are provided.

 

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