AvaTrade Review

AvaTrade Products

The collection of products that you have available to you as an AvaTrade trader is going to be dependent on what region you are in, with different geographical platforms have different types of offerings.

Generally, you will have access to more than 700 different tradable assets. This covers the likes of forex trading, CFD trading, as well as cryptocurrency CFDs. There is currently no way to trade non-CFD stocks or physical cryptocurrencies. In all, there are more than 55 currency pairs that can be traded through AvaTrade.

AvaTrade Trading Conditions

The amount of leverage that you will be able to get through AvaTrade will depend on the instrument you are looking at. It will go as high as 1:400 for professional traders and will depend on what jurisdiction you are trading from.

AvaTrade Account Types

The account options at AvaTrade can vary depending on what region you are trading from. Generally, there will be an account option for retail traders and one for professional traders. There are certain requirements that you need to meet in order to be able to access a professional account.

The only difference between the account options is mainly the amount of leverage you can get. This will be limited at 1:30 for retail accounts and up to 1:400 for professional accounts. A VIP account can be opened if you are depositing more than £10,000 and you will get access to lower spreads. You also have more niche types of accounts to open, including a crypto account, Islamic account, and a Vanilla Options account.

AvaTrade Commissions & Fees

The spreads that you will see at AvaTrade will generally be close to the industry average, with its EUR/USD average being 0.9 pips. This drops down to 0.6 pips if you are using a professional account at AvaTrade. AvaTrade is a market maker and it does offer discounts to active traders. For CFDs, you do need to consider overnight fees and there are also quarterly inactivity fees of $50 if your account has not been active for at least three months.

AvaTrade Platforms and Tools

One of the highlights of using AvaTrade is the huge selection of trading platforms you have open to you. There are a couple of AvaTrade proprietary platforms – AvaOptions and AvaTrade WebTrader. The former is dedicated to options traders who are working with at least $1,000 and covers forex options and is a complex offering.

AvaTrade WebTrader is a nice web-based trading platform that is known for having great speeds and more than 90 indicators. You also have access to other trading platforms that are popular in the trading industry, including MetaTrader, DupliTrade, and ZuluTrade.

There is a copy trading offering that can be accessed and is one of the better options in this regard in the sector today. Finally, there are demo accounts available to people who are using AvaTrade. Overall, AvaTrade is hard to beat when it come sot the selection of trading platforms.

Is AvaTrade Mobile Friendly?

There is a solid mobile offering at AvaTrade. You can download the MetaTrader 4 and Meta Trader apps for Android and iOS phones. AvaTradeGo is the proprietary mobile platform for the broker and is similar to the web-based trading platform. It allows for plenty of charting capabilities and also provides traders with access to more than 90 indicators. There is also a dedicated app for AvaOptions users.

AvaTrade Promotions

At the time of writing, AvaTrade was not offering any sort of promotions to its user base.

AvaTrade Deposits & Withdrawals

The deposit methods that are available to AvaTrade traders will be dependent on what region you are in. The most popular options that are supported will be credit cards, wire transfers, Skrill, Neteller, and WebMoney. While wire transfers can take a number of days to process, other payment options see you getting access to your deposited funds almost immediately. The minimum required deposit is usually $100.

For withdrawals, AvaTrade aims to have your request processed within a single working day. Usually, you will need to withdraw your funds from your account using the same payment option that was utilized when adding the funds to your AvaTrade account in the first place. There are no transaction fees charged by AvaTrade.

AvaTrade Customer Support

AvaTrade has a comprehensive help centre that walks you through a lot of the key areas of using the offering and managing your account. You will find the answer to most questions in this area. If you fail to do so, you are able to reach the customer support team at AvaTrade by email or live chat. Some regions also will have mobile support. The quality of the customer support experience is high, so you will get a quick resolution to any possible issues.

AvaTrade Research and Education

There is a solid range of research capabilities on offer as part of AvaTrade. While there is not a ton of in-house research, you will find daily market analysis videos. There is also the Trading central side of the offering with integrates all sorts of market news, views from analysts, ideas, and tools like economic calendars.

AvaTrade does shine when it comes to its collection of educational materials. Both the in-house team and third parties have provided a lot of this content. You have dozens of articles that can be suitable for beginners and experienced traders alike. There are also plenty of videos that include trading platform tutorials, and trading education.

Noteworthy Points to mention for AvaTrade

AvaTrade is extremely well regulated across the world and offers one of the best collections of trading platforms in the market today. It also has a good range of asset types to trade, as well as a low minimum required deposit.

Conclusion for AvaTrade

AvaTrade is a great option for most types of traders as it tends to have something for everyone. With its huge range of trading platforms, you are never going to be short of an option that fits your particular needs.

There is a solid range of assets to trade and a competitive fee structure in place. AvaTrade is one of the best-regulated online brokers in the world today which provides great comfort to people, as well as having a low minimum deposit of just $100. Therefore, AvaTrade has a lot going for it.