Avatrade Review – Forex Education

What is Avatrade? AvaTrade represents the CFD brokerage company launched in 2006, based in Ireland, Dublin. Avatrade offers trading assets such as forex, commodities, market indices, bonds, crypto, equities, and exchange-traded funds. Its extensive reach in the financial markets is solidified by its regulation and licensing in several jurisdictions, including the European Union, Japan, Australia, South Africa, the United Arab Emirates, and the British Virgin Islands. We have a very high rank for this forex broker on our best forex brokers reviews page because we have been its clients since 2007. Till now, we have realized all Avatrade advantages and the excellent cooperation of polite company staff. The company executes over two million transactions monthly. It always goes beyond the mark of $60 billion in total value. In this AvaTrade forex review, Avatrade is a company with a customer-oriented focus and a solid financial background, enabling its customers to access a full range of products and services. This is evident from the diverse trading platforms that AvaTrade avails of, and it has gained support from global support staff available five days a week. Apart from the leading centers in Ireland and Dublin, the company operates in big cities like South Africa, Tokyo, Sidney, Nigeria, Milan, Ulaanbaatar, and Paris. In this Avatrade Review, we will now analyze the main characteristics of this broker. Is AvaTrade Regulated? Yes, AvaTrade is a regulated broker with the following Avatrade licenses: The Central Bank of Ireland, (Reference No.: C53877) Avatrade EU Limited AVA Trade EU Ltd operates a Polish Branch under the AvaTrade EU authorization (#693023) Japan's Financial Services Commission - the Financial Futures Association of Japan (License No.: 1574). Australia's ASIC - Australian Securities & Investments Commission (License No.: 406684) South Africa license FSCA 45984 Israel Security Authority 514666577 Middle List regulation Financial Regulatory Services Authority (FRSA 190018). Worldwide - British Virgin Islands Financial Services Commission (SIBA/L/13/1049) Is Avatrade legit? AvaTrade is a globally recognized broker regulated by multiple financial authorities across different regions, which reflects its commitment to providing a secure and reliable trading environment. Here's a breakdown of its regulatory status: AVA Trade EU Ltd: It is regulated by the Central Bank of Ireland under license number C53877. This regulation ensures AvaTrade complies with European financial regulations. Ava Trade Markets Ltd.: It is regulated by the B.V.I Financial Services Commission, which oversees financial operations in the British Virgin Islands. Ava Capital Markets Australia Pty Ltd: It is regulated by the Australian Securities and Investments Commission (ASIC) under license number 406684, ensuring the broker's adherence to Australian financial laws. Ava Capital Markets Pty: This entity is regulated by the South African Financial Sector Conduct Authority (FSCA), license number 45984, which supervises financial services providers in South Africa. Ava Trade Japan K.K.: It is licensed and regulated in Japan by the Financial Services Agency (License No.: 1662) and the Financial Futures Association of Japan (License No.: 1574). Ava Trade Middle East Ltd: It is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA) under license number 190018, ensuring it abides by financial regulations in the Middle East. DT Direct Investment Hub Ltd.: This entity is regulated by the Cyprus Securities and Exchange Commission under license number 347/17. ATrade Ltd is regulated in Israel by the Israel Securities Authority under license number 514666577. Does Avatrade accept US clients? No, Avatrade does not accept US clients because Avatrade is not regulated in the USA. This broker does not have a US branch, and based on the latest news, Avatrade does not plan to open a US branch shortly. Below is the promotion Avatrade video - Avatrade trade with confidence Is AvaTrade Good? - AvaTrade Reliability AvaTrade has been a broker operating for more than 16 years and has established a good reputation in the online trading community as a reliable broker with integrity. Avatrade experience is the most crucial advantage of this forex broker. The broker is also regulated and authorized and complies with even the regulatory requirements that are the strictest. As an Avatrade trader, in the last 14 years, I had no problem with payment or communication. I always get answers from the support either via chat or email. Several times, they called me to tell me they would reduce my trading commissions, offering a tight spread. The broker offers its traders a regulated and safe environment where they trade peacefully. The company has explicit authorizations and licenses from Jurisdictions like Japan, Australia, South Africa, the European Union, and the British Virgin Islands. AvaTrade has won various recognition awards since 2009 for its reliable record and achievements. Best Customer Support, Best Financial Trading Provider, Best Forex Trader, and Best Alert System are just a few of its awards since 2009. Avatrade User dashboard Avatrade offers a simple and easy navigation user dashboard. Traders can quickly contact support each second, and response is fast. Below is presented my user Avatrade dashboard for the 2023 year (newly updated): Navigation is much better in the new 2023 version: Avatrade offers tutorials in the dashboard (see the below screenshot): Avatrade Platforms AvaTrade has made several trading platforms for its customers, making it the most beautiful thing about the broker. The company's customers have eight trading platforms to select from. In addition, the broker has the MetaTrader platform for mobile trading, Mac, Floating spreads, web trading, and MetaTrader 4. The other platforms are the automated trading platform and the AvaTradeAct platform. AvaTrade platform download Visit Avatrade Broker The platforms are also available for mobile phone devices. The broker supports the technology of iOS and Android as well. The customers or traders have a choice between AvaTradeAct and MetaTrader platforms. To be suitable for beginners, the broker also provides automated trading, which offers tools to help improve trading profitability for beginners. Those traders who do not have experience in trading can get platforms with automated trading helpable to mirror or copy those trades done by experienced traders. This is also helpful in boosting the beginners' confidence level, making them engage more in trading activities. Avatrade Mirror trading AvatradeGO is a trading tool for mobile trading that is highly customizable and simple, enabling traders to make automatic trades according to their preferred style. For Mirror Trader, the client can mimic traders' experiences even without access to the computer. The tool allows users to select the amount of trading to be automated and manually controlled. Zulutrade enables clients to convert recommendations of experienced traders into dreading decisions automatically. MQL5 signal service allows users to access one of the most significant communities of auto trading. It is an account for free and allows a trader to copy from several signal providers globally after subscription. Finally, API trading is for those clients with solid programming skills, whereby they can develop their customized trading solutions and link them to the platform of AvaTrader securely. MetaTrader – MetaTrader 4 is one of the world's most widely used trading platforms. It is designed for a trader's workplace, enabling trading in most currencies and financial markets. It offers all the essential tools for analyzing price variations in different financial instruments. You can also use it for creating and using regular trading programs. Visit broker and download platform: Avatrade mt4 download. AvaTrade investment Using the Avatrade platform, traders and clients can invest in what they care about. See the video "Invest In The Things You Love with AvaTrade": Avatrade signals - Mirror trader Avatrade - Zulutrade and DupliTrade Avatrade provides signals to clients in several ways. Clients can connect Avatrade's account with the ZuluTrade account or DupliTrade or use Metatrader signals directly from the Mt4 platform. You can read more about the Zulutrade platform and automated trading. AvaTrade Types of Accounts The broker gives its customers two categories of trading accounts. The first is a standard trading account, and the second is a demo trading account. For a client to have a trading account, they must have a minimum of $100, depending on the account currency. In addition, some accounts are swap-free for Muslim traders who want to conduct trade as per the Sharia principles. The company provides a Multi-Account Manager account for traders who want to possess several accounts with extra features. These include the capability to create several accounts of sub-trading simultaneously, all the order types of MT4 like close, limits, and stops, a minimum of 0.01 lots, multiple allocation parameters, and placement of orders for clients that use unlimited and expert advisors. With this multi-account system, the trashcan can access all information and separate client sub-accounts to manage the accounts sufficiently. So, the Avatrade minimum lot size is one micro lot. AvaTrade Trading of Cryptocurrencies AvaTrade has been providing a trading facility for cryptocurrencies since the year 2013. Initially, AvaTrade traders could trade Bitcoin on the proprietary platform and via the MT4 (MetaTrader 4) platform. However, with the popularity of cryptocurrencies, the company has several other cryptocurrencies in its portfolio. Currently, there are eight cryptocurrency categories that AvaTrade supports. Avatrade Cryptocurrencies list: Ripple, Neo, Bitcoin, Dash, Bitcoin Cash, Litecoin, Monero, and Ethereum. Unlike other cryptocurrency exchanges, trading cryptocurrencies at AvaTrade entails dealing with financial derivatives like CFDs. A client does not buy and sell using cryptocurrencies but instead uses CFDs to capitalize on the cryptocurrency price. The pros of AvaTrade's cryptocurrency Trading with CFDs is affordable and can also profit from a rising and falling market. Trades can be leveraged by up to a 1:20 ratio in addition to the facility of leveraging offered by AvaTrade. Avatrade's Bitcoin trading offer is one of the most interesting in the market. The Spreads and Commissions of AvaTrade AvaTrade traders can trade different instruments with spreads that are floating or fixed. The most frequent currency pairs sold spreads include EUR/USD, USD/JPY, NZD/USD, EUR/JPY, GPB/USD, Gold, and others. AvaTrade provides variable, fixed, and floating spreads starting from 0.8 pips. The spreads of AvaTrade are among the internet broker markets' most competitive. Several categories are availed at AvaTr, including limit orders, stop-loss orders, trailing stops, entry stops, entry limits, and market orders. Clients' funds are stored in accounts that are segregated for security reasons. Spread betting and hedging are allowed. Spread betting is tax-free trading, which entails placing short and long-spread bets on over two hundred different financial instruments with a leverage of up to 400:1. This is available on the MT4 platform and can be conducted from a standard or demo account. It is exclusively available to Ireland and UK traders. Avatrade payment options Credit cards Wire transfer Neteller Skrill Please see below the new deposit and withdrawal section for the year 2023: The company's trading accounts with debit cards, credit cards, or wire transfers. Other electronic transfers of payment can also be used with AvaTrade through eWallets. For clients to make a withdrawal request, they fill out the request withdrawal form via MY AVA and follow a list of instructions. It takes around five days of business for the request to be completed. There are additional days for the entire process and money to be deposited in the client's account. For those who want faster withdrawal processes, there is the option to apply for the Ava MasterCard, which cuts the time to withdraw significantly. How do you withdraw from Avatrade? To withdraw money from Avatrade, you need to choose on the left side of your navigation bar option, "Withdraw funds," and pick the desired payment option. AvaTrade Promotions and Bonus The company provides a welcome bonus for those who sign up for accounts. The price range is between $100 and $10000 per deposited amount. The other bonus program is the referral bonus, available for all traders. This is offered for every successful referral. A 40% bonus is the best promotion and will be provided from 2021. However, several conditions and terms are subject to withdrawing the bonuses offered. You need to read more about AvaTrade bonus terms before the bonus request. The trading bonus can be used only by non-European Union residents. Therefore, potential EU clients can not use forex or any CFD bonus. However, other broker promotions are usually available for all clients. There is also a particular program, which is the unique program of Ava, that gives awards to those clients that make a minimum single $100000 deposit or those who go beyond this amount in volume trade with several particular offerings like unique gifts, benefits, dedicated special hotline of Ava, express approvals of withdrawal and education programs that are tailored. Anyway, before everything checks, AvaTrade bonus terms and conditions. AvaTrade Customer Support A multilingual team of support representatives at AvaTrade handles customer support. The customer support services are available twenty-four hours, five days, ensuring that the traders at AvaTrade consistently get the assistance they need. The traders at AvaTrade can communicate with the support members through email, telephone, fax, live chat, and social media. Among the best characteristics of the customer support of AvaTrade is that its support service is localized. The traders can take advantage of several localized telephone numbers because of the cheap telephone charges. Visit Avatrade Broker The company commits to offering high-end service. Therefore, they provide impeccable customer support services in almost three dozen countries through Live Chat, email, and local telephone numbers. This makes it possible for every trader to reach AvaTrade customer support in their language. AVATrade customer care unit goes online as long as the markets remain open. It is available 24x5 hours, except for the weekends. Along with corporate-based HQ, AvaTrade has also enlisted contact numbers of more than 20 worldwide locations that enable you to reach in your preferred language. Extremely responsive customer services are pretty assistive. Below is presented chat section in the new 2023 upgraded Avatrade dashboard: AvaTrade offers clients and customers the most comprehended support system. The website supports various types of languages, such as: • Spanish • Russian • Portuguese • Japanese • Italian • German • French • English • Dutch • Chinese • Arabic Traders can contact the customer support system through the following: • Send emails by filling out the contact form • Live Chat • Trustworthy • Telephone (more than 30 local numbers as available in different countries) Avatrade Education In addition to the several benefits a trader at AvaTrade receives, the traders can access online courses, daily analyses, and live webinars. AvaTrade offers education courses through SharpTrader.com and AvaTrade. The information is comprehensive and organized well. It covers economic indicators, Forex, commodities, and CFDs. A trader can select between the written courses and the video-based courses. The written course provides a deep analysis of the individual subtopics. The video-based topics cover advanced topics and beginner topics. Also, there are courses on technical analysis, trading tools, trading strategies, and many more. The methods also apply to every trader regardless of the market they want or are trading in. The company also posts integrated live market news on the platforms of trading. Visit Avatrade Broker AvaTrade education video tutorial on how to use the Autochartist platform: The Pros and Cons of AvaTrade The pros associated with the broker company include multilingual support, a generous bonus, regulated brokers' negative protection of balance, floating and fixed spreads availability, and multiple choices of trading platforms. The cons associated with AvaTrade are not having the best website layout, not having volume discounts, slow process of withdrawal, and FAQ lack of depth. Avatrade partnership program - AvaTrade affiliate program Avatrade, like all significant brokers, offers an excellent affiliate program with substantial marketing opportunities where affiliates can use banners in several languages and promote products. In addition, the avatrade referral program provides an excellent rebate commission. Conclusion All in all, the company does very well. AvaTrade gives its clients several customizable and stable platforms for trading—these range from simple platforms like MetaTrader 4 and AvaTradeACT to specialized ones like RoboX and DupliTrade. Since clients can access mobile, browser-based, and desktop applications, it attracts beginners and even experienced ones. Beginners will find the educational opportunities and tools adequately comprehensive to get started. The seasoned traders will also appreciate the vast and flexible catalog of trading tools given by the platform of MT$. In addition, the company provides its clients access to several financial markets, including commodities, individual equities, stock indices, and Forex. An online broker, AVATrade has expertise and skills applied to render award-winning performance and praise services in Forex and Contract for Differences (CFDs). AvaFX, in recent times, has gained a reputation as AVATrader. Many significant awards like "Best Broker," "Best Forex Customer Service," and "Best Financial Derivative Trading Provider" have been awarded to this popular brokerage service as available from 2009. With the noble aim of providing better and quicker customer services, CFD broker and Forex decided to rename themselves despite their prominent presence as maintained in the markets as "AvaFX." Emanuel Kronitz, Ava Group CEO, said that launching this new brand as a record company in the past company happens to be a significant milestone. She added that it ensures the long-term availability of a dynamic and diversified trading product range, which stimulates vase growth and is the primary driving force. I like Avatrade and its marketing as well. See this funny video: Visit Avatrade Broker See the best forex brokers list: Forex broker ReviewVisit HF Markets ReviewVISIT HFM Capital.com ReviewVISIT CAPITAL Avatrade reviewVISIT AVATRADE FxPro reviewVISIT FXPRO IC Markets reviewVISIT IC MARKETS Dukascopy ReviewVISIT DUKASCOPY XM.com ReviewVISIT XM Instaforex ReviewVISIT INSTAFOREX Alpari ReviewVISIT ALPARI Exness ReivewVISIT EXNESS Octafx ReviewVISIT OCTAFX Easy Markets reviewVISIT EASYMARKETS