Avatrade Review

avatrade open account

General Features, Location and Regulation

Reviewed broker: AvaTrade

Note: broker is previously known as Avafx

Regulation: Central Bank of Ireland, ASIC, Financial Services Commission of British Virgin Island

Trading instruments: Bitcoin, commodities, equities, exchange traded funds, bonds, indices

Latest forex industry awards: Best Forex Broker 2016

Below are several of the titles AvaTrade has received within the past 3 years

Avatrade Broker Awards

Open Trading Account with AvaTrade

Account, Payments and Trading Conditions

Accounts Types: demo, real

Demo account: yes, with $100,000 virtual money

Payment methods: credit cards, wire transfer, Paypal, Neteller, Skrill, Webmoney. There is also an option to register for Ava Debit Mastercard

Minimum deposit requirement: $100

Maximum leverage: 100:1

Platform, Social Trading and Spreads

Trading platforms: AvaTrader, MetaTrader 4, AvaOptions

One click capabilities: yes

Expert advisors: yes

Automated trading: yes, with special features such as Mirror Trader, Ayondo, Currensee, ZuluTrade

Social trading: yes

Spread types: floating, fixed

Floating spreads start from 1 pip on EUR USD

Fixed spreads start from 3 pips on EUR USD 

Order types: market orders, limit orders, entry stop and entry limit orders, stop orders and trailing stop orders

Minimum lot size: 0.01

Maximum leverage: up to 400:1

Minimum margin requirement: 0.5%

Learning Material and Latest Promotions

Educational material: educational articles, webinars, daily market analysis

Ava Select VIP club for exclusive trading benefits fo traders with deposit of $100,000 and above

Customer support: email, social media, online chat and phone  

Ava Select VIP club: exclusive trading benefits fo traders with deposit of $100,000 and above

Promotions and bonuses: up to $10,000 welcome bonus (the promotion was listed at the time of the review)

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