AvaTrade Review & User Rating 2021
AvaTrade is one of the top-rated Forex brokerage companies in the world. This AvaTrade review seeks to provide forex traders with every piece of information, which they should know about the AvaTrade Forex broker.
|Regulated by : ASiC, BVI, FSA, FSB, MiFID|
|Min. Deposit : 100 USD|
|Max. Leverage : 1:400|
|Headquarters : Ireland|
AvaTrade was established in 2006 as a Forex brokerage company known as AvaFX. It has its headquarters in Dublin, Ireland and offices in Madrid, Johannesburg, Paris, Milan, Sydney, Tokyo, Mongolia, Santiago, and Beijing.
AvaTrade has obtained licenses from many regulators; this is one of the reasons why many traders for trading forex trust it. It has two tier-1 licenses, one tier-2 license and two tier-3 licenses.
- AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877)
- AVA Trade Ltd is regulated by the B.V.I Financial Services Commission
- Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684)
- Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA No.45984)
- Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574)
- Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA)( No.190018)
Also, AvaTrade is a member of the Investor Compensation Company DAC (ICCL). They provide a wide variety of trading platforms for their clients to trade on desktop, web and mobile platforms.
Avatrade Trading Education
AvaTrade offers educational materials to its clients in the form of courses, tutorials, articles and webinars. The training is grouped into beginner, intermediate and advanced levels.
They also provide articles on a variety of topics to allow traders to find solutions and answers to common trading problems.
Avatrade Trading Accounts
Avatrade offers a wide variety of trading accounts for its clients. They have a demo account for beginners and novices in Forex trading. They offer Islamic accounts for those who trade based on the Sharia law.
Moreover, there is the availability of Ava Professional accounts, which allows you to get up to 400:1 on Forex pairs 25:1 on some crypto currencies.
As an AvaTrade client, you also benefit from the choice of Trading platforms and more ways to trade. We offer a selection of manual trading platforms – MetaTrader 4, MetaTrader 5, WebTrader and AvaTradeGo with full mobile trading support. You can also choose from a variety of automated trading platforms, including our AvaSocial app, Zulu Trade DupliTrade through MT4/MT5 and more.
Avatrade Safety and Security
As a top forex broker, they offer their clients military grade encrypted safety platform and also employ skilled Tech professionals to keep their system running. This has been able to keep their trading software and clients account safe to avoid being compromised by hackers and cybercriminals.
Avatrade Commissions And Spreads
They charge different fees for margins, spreads, and overnight interest. Traders will also be charged for inactivity.
Most times, there are no commissions for traders, as AvaTrade makes profits from its spreads. Traders can either select to make use of fixed spreads or variable/floating spreads.