company reviews
AvaTrade

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.

FEATURES OF TRADING WITH AVATRADE

The company provides many opportunities for trading in various ways.

• A list of instruments from currency pairs, stocks, bonds, cryptocurrencies, commodities, indices, currency options, ETFs. DupliTrade and ZuluTrade platforms for automatic trading with copying both individual trades and entire strategies, recommendations of successful traders.
• AvaProtect is a unique risk management tool that provides paid insurance of orders for a certain period of time. If the insured transaction turns out to be unprofitable, the funds are returned to the deposit.
• Affiliate program with income calculator. For example, if a newcomer invited by the link replenishes a deposit of 500 USD, then the invitee will receive 50 USD.
• The maximum possible receipt is 250 USD for each new user.
• Supporting information in the form of market analysis, economic calendar, transaction calculator.
• Preliminary training, including a book prepared by AvaTrade specialists.

REGULATION AVATRADE

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.

TRADING ACCOUNT AND AVATRADE PLATFORMS

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.

• Meta Trader 4 and Meta Trader 5. The most common platforms in modern trading that combine almost all the main advantages.
• AvaOptions. Designed for options trading. Allows to conduct any combination of Call and Put options on a single account. Has a fully customizable interface with ample opportunity to arrange charts, charts, reports and prices in any convenient order. Interactive risk management provides viewing of any risks, simulation of transactions. The expiration period of options is from 1 day to 1 year.
• AvaTradeGO. Own development of the company with a priority on ease of understanding while maintaining information content. The technology used to reduce the risk using the AvaProtect function with a protection period. And Market Trends technology helps to monitor market sentiment and analytics on transactions of the community of traders with the issuance of recommendations.
• WebTrader. Allows you to trade online without downloading and installing programs, which is especially convenient for beginners. You can quickly access the platform from any device connected to the Internet.

REPLENISHMENT AND WITHDRAWAL OF FUNDS

The most popular services are provided to replenish the deposit.

• VISA and MasterCard cards.
• Bank transfer.
• WebMoney.
• Neteller.
• Skrill.
• PayPal.

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.

TRADERS 'OPINIONS ABOUT AVATRADE

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.