European broker AvaTrade was established in 2006. Its headquarters are located in Dublin, Ireland. Working in accordance with the legislation of the European Union is one of the company's main trump cards in attracting clients, of which there are about 200,000. Other advantages include ample trading opportunities in eleven types of cryptocurrencies, a risk protection system for up to USD 1,000,000, availability of a minimum deposit, multilingual service support.
The company provides many opportunities for trading in various ways.
The activities of the organizations included in the AvaTrade system are regulated at the level of several countries.
AVA Trade EU Ltd is accredited by the Central Bank of Ireland. The license number is No.C5387.
AVA Trade Ltd is accredited by the British Virgin Islands Financial Services Commission.
Ava Capital Markets Australia Pty Ltd is accredited by the Australian Securities and Investments Commission (ASIC). Registration number 406684.
Ava Capital Markets Pty is accredited by the South African Financial Sector Conduct Authority (FSCA). License number 45984.
Ava Trade Japan KK is accredited by the Japan Financial Services Agency, license number 1662, and the Japan Financial Futures Association, license number 1574.
AVA Trade Middle East Ltd is accredited by the Financial Services Regulatory Authority of Abu Dhabi. Registration number 190018.
Also, the company's activities comply with the norms of the European Union Directive "On Markets in Financial Instruments" - MiFID.
AvaTrade only offers clients one type of trading account, which is not typical for modern brokers who tend to be varied. The minimum deposit is 100 USD. The spread can be either fixed or floating and starts from 0.7 pips. Leverage up to 1:30, and for cryptocurrency 1: 2.
A demo account is also available. Its peculiarity is that the user does not choose the amount with which he will start learning to trade, but he is immediately credited with a conditional 100,000 USD.
Unlike the types of trading accounts, the list of available platforms pleases with a variety.
The most popular services are provided to replenish the deposit.
Withdrawal of funds is carried out only in the same way as the deposit was made. It is forbidden to send more than the top-up amount to a bank card, and to withdraw profit, you need to choose an alternative method.
The withdrawal request is processed on the fifth business day, and in addition, it takes time to complete the transaction. For instant withdrawal, the company offers to receive its own Ava Debit MasterCard.
In positive reviews about AvaTrade, the most often mentioned is the company's high reliability. Traders praise the variety of instruments, automated trading, and a profitable affiliate program.
Negative reviews mention withdrawal restrictions along with the length of the process. For Russian-speaking users, the support service is not always available 24 hours a day. The amount of leverage is not considered sufficient by everyone. Traders often complain about the broker charging a fee for inactivity - after three months without transactions, the company has to pay 50 USD.
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Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. AvaTrade received a score of 3.7 of 5 on our resource.