‎AvaTrade: Forex & CFD Trading on the App Store

This team is available 24X5 over the phone support, live chat, and email. AvaTrade live chat and email address are said to have the fastest response times. Clients from Abu Dhabi can open a retail account, options, and professional account. For new account opening, traders must have to fulfill regulation requirements. AvaTrade recommends automated copy trading platform like ZuluTrade, DupliTrade (education section is good, above the industry average), and MQL5.

The mobile trading experience at AvaTrade is characterized by its modern and polished interface, offering a wealth of excellent functionality. Traders have three options for mobile trading apps, including the comprehensive MetaTrader suite, AvaOptions, and AvaTrade’s own mobile trading platform called AvaTradeGO. AvaTrade offers a variety of trading platforms suitable for different trading styles and experience levels. With two proprietary platforms, a full MetaTrader suite, ZuluTrade, and DupliTrade, they ensure a comprehensive range of options for traders. To provide you with an informed decision, I have conducted a comprehensive AvaTrade review, evaluating factors such as offered assets, fees, customer service, and safety.

This way, if the traders you are following are profitable, their trades get copied to your account and you also make profits. Copy-trading has become extremely popular as it allows traders to simply follow other profitable traders without investing too much time and effort to build their own strategies. MetaTrader is one of the most popular Forex trading platforms in the world. It brings robust technical analysis capabilities, giving traders the ability to draw trend lines, Fibonacci levels, and adding multiple technical indicators to their charts. Besides discretionary technical analysis, AvaTrade MetaTrader 4 and 5 software comes with advanced coding capabilities with the incorporation of MQL programming language.

AvaTrade is committed to empowering people to trade with confidence, providing a secure environment and protecting the safety and privacy of its traders. AvaTrade hosts its MetaTrader servers in three key locations United States, United Kingdom, and the Netherlands. We found their servers to be responsive and order executions were efficient. However, being a dealing desk broker, we found that AvaTrade lagged during fast-moving market conditions, especially during high impact news releases. If you have a scalping strategy that leverages highly volatile market conditions, AvaTrade may not be the right broker for your needs.

Avatrade offers a variety of educational resources to help traders improve their skills and knowledge. They have a comprehensive educational section on their website that includes a range of materials such as e-books, video tutorials, webinars, and trading courses. Then it’s very easy to deposit money but when you try to withdraw even though you use the same method it takes multiple days. I then copied their top trader that had 2700% winning percentage and that had according to them low risk and after being away a couple days when I logged in and I had 97% loss ratio. Have been trading with Ava for quite a long time and have got really great technical and customer support from the Sri Lankan CMR team.

• WikiFX now has listed five excellent automatic trading platforms that allow you to enhance your trading results via robotic trading.
• 71% of retail investor accounts lose money trading CFDs with this provider.
• AvaTrade has been a reliable broker offering online brokerage services in Europe for almost fifteen years .
• There are millions of people trading Forex using their smartphones every single day.
• Every platform has its advantages and disadvantages, and also, there are major risks of losing funds.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. AvaTrade has been operating in most countries except the USA, Iran, and Belgium. It provides different types of accounts such as Retail accounts & Standard accounts for individuals. Bonds & ETFs – The trading of bonds & ETFs in AvaTrade is also based on ‘Spread Over Market.’ The spread cost for EURO-BUND is 0.03 over market. Stock Indices – The stock indices are subject to ‘Spread Over Market,’ which is the Mark-up AvaTrade adds to the Current Market Spread. The spread costs for US_500 & US_30 are0.25 over market and 3.00 over market, respectively.

What is AvaTrade?

While the Financial Conduct Authority (FCA) authorizes eToro UK, eToro Australia functions under the Australian Securities and Investments Commission (ASIC) regulatory environment. A FinCEN registration indicated the US entry for eToro is where it operates as a Money Services Business. EToro advertises 0% commission, but it only applies to non-leveraged buy orders.

When you open an AvaTrade webpage, you will see the live chat option on the right corner on the top. Next to this option will be a customer support telephone number to use it if you have any kind of question in your mind. With a little classy tech-market design, the user easily checks every social insight with the help of the Avatrade group. The mobile app has only one drawback that the size of the screen may affect some trading abilities. In addition, the forex calculator link will inform the dealers of the risk of losing money rapidly, how many trading costs, potential profits, and overnight interest calculations.

AvaTrade’s service is slightly weaker than Interactive Brokers’s and a comparison of their fees shows that AvaTrade’s fees are slightly higher than Interactive Brokers’s. For detailed information and hands-on experience, read our review of this broker. The entire trading process, from the first step of the registration, through the deposit and all the way to the withdrawal, is in compliance with strict global regulation. During our research for this review, we found the AvaTrade support staff to be friendly and knowledgeable about Forex related topics. As a true global leader in Forex and CFDs trading, AvaTrade accepts clients from all over the world, except the United States and Iran. AvaTrade has its headquarters in Ireland, but its operation in Australia is run from Level 13 2 park street, Sydney 2000, New South Wales.

Features and Platforms

The methods available may vary depending on the client’s location and the currency used. When it comes to account types, Avatrade only offers a standard account. This means that all clients will have access to the same features and trading conditions, regardless of the size of their deposit.

Especially with minimal deposits, no account management fees, and a minimal investment requirement of 0.01. Of course, there is an AvaTrade demo account available for all traders too, free of charge. The e-books cover a range of topics, from basic trading concepts to advanced strategies. The video tutorials are easy to follow and cover a variety of topics, including trading platforms, technical analysis, and risk management. When it comes to choosing a broker, it’s important to carefully consider the pros and cons to determine which one is right for you.

The AvaTrade website suffers from a bit of cluttering and is far from intuitive. It does require a serious bit of exploring to find important information like fees, available banking options, and any basic account information before you sign up. While AvaTrade is known to offer a refer-a-friend bonus at times, British customers cannot access such offers owing to restrictions in the UK.

Another thing to keep in mind is that the spreads may vary between trading platforms and AvaTrade provides their traders with a large selection of trading platforms to trade on. AvaTrade has withdrawal options and deposit options free of charge, low trading fees, and a free demo account. AvaTrade is user-friendly and provides many research and educational instruments. Even though it has several advantages, the high non trading fees, currency conversion fee, and limited investment products can be major cons. AvaTrade minimum deposit amount is very small, and individuals can start trading immediately.

Overview of Avatrade

At the time of writing this review, AvaTrade supported over 55 currency pairs for trading. Besides Forex, AvaTrade customers can also trade over 10 cryptocurrencies, including Bitcoin, Litecoin, and Ethereum. AvaTrade also offers a range of CFDs, including commodities like Gold and Silver, Stocks, Stock indices, various Bonds, and other commodities. The Forex broker offers traders well-known platforms such as MetaTrader 4 and MetaTrader 5. MT4 is one of the best-known trading platforms around the world which used by millions of traders every day. Our review of AvaTrade also shows that this Forex broker offers traders access to the Islamic trading account.

Regular blog posts and videos further contribute to AvaTrade’s research offerings, offering valuable insights into technical analysis. Webtrader provides charting with 90 indicators, and the platform seamlessly integrates the suite of tools from Trading Central. The platform provided by AvaTrade truly stands out, offering an intuitive design that is user-friendly and includes unique order types to minimize potential losses. AvaTrade, formerly known as AvaFX, is a renowned brokerage firm with its headquarters situated in Dublin, Ireland. With regional offices established worldwide, AvaTrade aims to empower individuals to invest and trade with confidence in an innovative and trustworthy environment.

Opening an account is a very easy endeavour at AvaTrade and we opened an account in about 10 minutes during our Avatrade review UK. The process is entirely digital, and you can open an account even faster by signing up using either your Facebook or Google account. Their customer support team is available 24/5, meaning that they are available Monday through Friday to help with any questions or concerns that traders may have. They also have a comprehensive FAQ section on their website, which covers a wide range of topics related to the platform and trading. Overall, Avatrade’s non-trading fees are reasonable compared to other brokers in the industry. The deposit fee is free, which is a significant advantage, but the withdrawal fee can be relatively high, depending on the payment method used.

Traders using the Forex broker can feel safe and trade in peace because they can be sure that they are in good hands. The AvaTrade platform can be used by beginners, and AvaTrade offers a simple and intuitive front-end that is backed by dedicated customer support & account manager team. Beginners can easily navigate through the platform’s features and functionalities. AvaTrade platform offers specialized educational material to acquaint themselves with the trading environment. AvaTrade offers a dedicated and excellent multilingual customer support team supporting 14 languages.

Unsure if this broker is for you?

This platform is particularly beneficial for new traders to develop their skills and knowledge. Traders should be aware that not all trading instruments are available on every platform. AvaTrade operates under the regulation of seven reputable commissions, including CBI (EU), B.V.I. FSC (British Virgin Islands), ASIC (Australia), FSCA (RSA), FRSA (UAE), FSA, and FFAJ (Japan). To provide greater security for customer funds, the broker employs segregated accounts. AvaTrade presents itself as an excellent choice for Australian traders.

It is not regulated by FCA, which concerns professional and large-scale traders. So that is why they find a better value somewhere else because of less high-end trading platforms, research resources, volume discounts, and comprehensive news. As per the web, educational materials, dealing courses are provided through the sharp trader. All the tutorials segmented into advanced, intermediate, and beginner topics are well-organized while providing logical paths to build skills.

Traders can invest in more than 50 currency pairs including major, minor, and exotic pairings with a number of base currencies to choose from including GBP. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. This website is using a security service to protect itself from online attacks.

It is very significant and covers different topics, including beginner’s lessons and modern trading tools. An order pending where entry is on the predetermined point below or above prevailing market rate and depends whether it is a sell or a buy. Avatrade avatrade broker will empower investors to invest and trade in a reliable and innovative environment that includes the best-in-class integrity and personal service, no doubt. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Trading central gives short-term technical and intra-day updates signals while blogs keep the clients updated on the market events. Most of the brokers as well the Avatrade, these days, support the Metatrader platform. That is why you have the accessibility of using https://forexhero.info/ it on a mobile, web browser, or desktop. Due to its light software, the MetaTrader 4 gives the guarantee of no lagging. The plain out of all orders where a dealer can signal that the trade request made by them shall be executed at the prevailing market rate.

The proprietary trading platform, available as a webtrader or mobile platform, is the sole option allowed by this broker. ProCharts, intended to support manual technical analysis, and TipRanks, where over 15,000 analysts offer market coverage, are two dominant features of the trading platform. EToro also buys and holds certain physical assets on behalf of its clients. The brokerage features a platform for nearly every type of trader, whether they’re experienced or just starting out, AvaTrade has a platform to suit their needs. Each platform presents traders with a unique and powerful trading experience whether it’s manual or automatic trading.