However, the fees for stock indices and individual stocks are still competitive when you take into consideration there is no additional commission to buy and sell. Some brokers will advertise a low spread but may also have another commission to buy and sell. There are a total of 57 video tutorials available through the AvaTrade educational section which provide you a detailed guide through many aspects of forex trading.

The firm provides phone support with separate numbers provided for each country where Avatrade operates and a live chat option is also available. Online videos on topics such as advanced trading tools, beginner lessons, forex trading strategies, MetaTrader 4 for beginners, MetaTrader 4 Guide and MyAva guide are available for use. Avatrade offers multiple trading softwares, including an in-house platform. Pro traders who meet a certain trading volume threshold may be eligible for numerous trading discounts and up to 400x leverage . AvaTrade offers customers copy and social trading with AvaSocial, ZuluTrade, DupliTrade, and MQL5 Signal service. Commodities -The commodities trading is subject to Standard Spread or 'Spread Over Market.' For example, the spread cost for Gold is 0.34, whereas, for Platinum, it is $1.10 over market.

You can use a lot of deposit and withdrawal options, all free of charge. We also liked that you can use many user-friendly tools for research. AvaTrade provides trading ideas through Trading Central, a third-party research provider. The ideas are based purely on technical analysis, and cover certain commodities, stock indices, as well as most FX pairs. You can find them if you click 'Trading Central', then 'Analysts Views' or 'Forex Featured Ideas'. We tested AvaTrade's research tools on WebTrader, as they're the best ones in our opinion.

Avatrade has been around for more than 10 years, offering user-friendly trading software with advanced features such as automated trading robots and copy-trading options. It offers cryptocurrency trading with inbuilt risk management tools along with fast execution speeds at no extra cost for its users. AvaTrader is a professional-grade trading platform that is suitable for novice and expert traders alike. Traders can watch the markets, apply their own analysis, and execute Forex and CFD trades from their desktop. AvaTrader offers various customizable tools and indicators for complex analysis and testing and automated trading that can be set up according to preset specifications. The CFD can be used for short and long trades and start with as little as USD 100 with a leverage of up to 20x.

In total, more than 200 assets are made available for trading with AvaTrade. This represents a good selection with assets to appeal to all types of trader. Added to this, if you are based in the UK or Ireland, you can also engage in spread betting through the broker. You’ll really struggle to find another broker that offers so many trading platforms as AvaTrade. This broker leverages both third-party and in-house technology to offer 6 different trading platforms.

Trading Costs

If the user has a stable internet connection, they can trade forex from anywhere. AvaTrade suggests higher spreads and several cryptocurrencies to choose from. Users can trade directly through the web trading platform and no electronic wallets is needed. AvaTrade Reviews mention that there are no hidden fees, zero commissions, financing rates, and no trading costs or bank account & bank transfer fees on the transactions executed.

It does not provide 2FA (two-factor authentication) to log in to its trading platforms. Equity traders pay a minimum spread of 0.13%, also commission-free. Some equity traders may achieve a competitive pricing environment on select assets, dependent on trading volume and duration. Index and commodity traders get the best offer, as trading costs here rank among the best industry wide. Avatrade trading platform offers Standard account / Retail account.

Can I Trade Crypto with AvaTrade?

AvaTrade offers a number of different accounts and platforms to suit traders of all experience levels. If you want to sign up for a trading account, you can choose between Web Trading, MetaTrader 4 and MetaTrader 5, which are covered in detail in the trading platforms section of this AvaTrade review. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. You can make deposits via bank transfers, credit/debit cards, and e-wallets such as Neteller, Skrill, Klarna, Webmoney, etc. The current minimum deposit is 100 units, no matter the currency.

The live chat first uses a bot to help you with your question. You can connect to an agent in just a few seconds by typing ‘chat with agent.’ The agent was very helpful and responsive. The charts are easy to navigate and the sentiment indicator is a useful feature. If there is no trading activity after 12 consecutive months you will be charged 100 EUR/GBP/USD. For example, below is the confirmation that the Ava Trade EU Ltd entity is authorised and regulated by the Central Bank of Ireland.

Usability – Is AvaTrade Reliable?

Withdrawals can only be sent via the payment method that you used to fund your account. This is designed to comply with international anti-money laundering laws. The overall withdrawal time varies depending on the method avatrade review you choose. For example, wire transfers can take several business days to arrive. Whereas MetaTrader 4 was specifically designed for forex trading, MetaTrader 5 was designed for CFDs, futures, and stocks too.

• For trading ideas, AvaTrade offers a section known as ‘Analysts View’ or ‘Forex Featured Ideas’.
• AvaTrade is known for its various trading platforms, both manual and automated, and its educational content.
• AvaTrade goes one step further and provides these protections for all of its entities regulated around the world.

Materials were segmented into five major sub-topics, allowing clients to find answers quickly and efficiently. A buggy search function detracted from the learning experience, failing to include many articles and topics. Avatrade fees for each asset class include spreads, financing rates, and commission. For example, the average spread cost of EURUSD is 0.9 pips, and it reduces to 0.6 pips if you qualify as a professional trader. Similarly, the fee for S&P 500 CFD is 0.5 points, and Europe 50 CFD is 2 points. Avatrade provides a wide range of services, from user-friendly trading platforms to great educational content.

What can you trade on AvaTrade?

AvaTrade has user-friendly research tools, from trading ideas to a nice news feed. Additionally, FX options are available through the AvaOptions platform. At AvaOptions, you can trade more than 40 different instruments. For this, you'll need a separate account from the main account. AvaTrade's currency pair selection is OK, in the same ballpark as its closest competitors. CFD coverage of individual stocks and ETFs is rather average.

When traders register at AvaTrade, they will receive a daily market trading strategy newsletter and morning news brief, both of which include daily market data, market buzz, market news and updates. Traders at AvaTrade can also access a blog that covers current events and market commentary. The AvaTrade forex affiliate network consists of over 70,000 partners, including global partner of Manchester City, in over 150 accepted countries throughout the world. Traders of AvaTrade enjoy the highest of leverage along with very competitive and low spreads for trading financial assets. Irrespective of the trading platform chosen by the user, both are highly effective.

It is indeed remarkably complete, with quality graphic tools and the possibility of creating technical indicators or trading robots via the MQL4 programming language. You can bet on stock market index variations such as the SP 500, the Dow Jones, the CAC 40, or even the English index FTSE100. A way to buy an instrument that is already "diversified" in the sense that it is representative of a basket of shares. A leverage effect of up to 20 can still apply here if you wish to benefit from it. Via CFDs with maximum leverage between 10 and 20 depending on the asset. You can thus speculate on variations in the prices of gold, oil, silver, and more than twenty other prime commodities.

You can then track your open positions in one place, and it is simple to close a position. AvaTrade is a slick, polished site that works well on desktops and mobile devices. The design is intuitive, it is packed full of helpful features and the search function works well, so navigation is always https://forex-reviews.org/ simple and effective. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.

Automated Trading

We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews. To keep the website running, we make money through affiliate commissions and paid advertising, at no additional cost to you. While our partners compensate us for our work, they can not alter our review process, ratings, and recommendations. AvaTrade, founded in 2006, is registered in the British Virgin Islands as AVA Trade EU Ltd. The company is headquartered in Dublin, Ireland and serves more than 200,000 clients across 120 countries.

It can be learned in a few minutes and allows you to trade on more than 1000 financial instruments for more straightforward and precise trading. From our point of view, it is an effective platform for starting your online investments. While there is an extensive amount of content regarding online brokers, cryptocurrency exchanges and financial institutions, the best broker reviews can be found at Strafe.com. You’ll find plenty of broker details like this review of AvaTrade. During our review, we tested the phone support, email and live chat options. Live Chat was wonderfully responsive and we were able to reach an agent instantly.

A fine in 2017 from the Israeli Securities Authority for AvaTrade’s Israel entity, ATrade, for misleading advertising. This was based on a video ad that said it was safer to trade with ATrade now that it has received a licence from ISA. We found that AvaTrade is very transparent in what protections you have and don’t have based on where you open an account. AvaTrade scored highly in this category as each of its entities around the world are licenced and regulated by a financial regulator.