This Avatrade review gives you all the key facts you need to decide if it’s the right platform for your money.
AvaTrade is a global-regulated broker that offers more than 1,250 products Among the oldest online forex and CFD brokers, it is well-known for its customer support and competitive fees and spreads, in addition to offering a wide range of financial instruments, such asForex, CFDs for stocks, bonds, commodities, cryptocurrencies, indices, and ETFs, and MetaTrader 4 & 5 are all available.
With AvaTrade you can trade commission-free. While spreads and swaps will vary depending on the account type and instrument being traded, AvaTrade does not charge any commission for buying and selling. AvaTrade is compensated instead through its mark-up on the BID and ASK spread, which varies according to the market.
You can make the deposit instantly With a debit or credit card. A bank transfer can takes 2-3 business days.
Withdrawal via bank transfer takes around 2 working days.
Minimum deposit is $100
There’s a minimum limit of $100.
No
Withdrawals must be to your own name.
There are four types of accounts offered by AvaTrade: Retail, Professional, Spread Betting and Options, although spread betting is restricted to residents of the UK and Republic of Ireland. A client residing in the EU or the UK must meet the ESMA regulation criteria to qualify for a professional account.
Leverage is the main difference between a Retail account and a Professional account. The maximum leverage offered to retail clients is 30:1, while professional clients’ leverage is 400:1 on forex pairs and 25:1 on cryptocurrencies. However, these leverage rates may differ depending on the regional jurisdiction in which an account is opened.
Trading currency pairs on global Forex markets is what AvaTrade can provide you with. Trade with more than 50+ FX pairs
Trade with more than 20+ Cryptocurrencies with AvaTrade
Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, XRP, Litecoin, Dash, Stellar Lumens, NEO, EOS, Cardano, IOTA, Zcash, TRON, Tezos, Dogecoin, Uniswap, and Chainlink are currently available for to trade.
Trading Stock and ETF's with AvaTrade you can trade with more then 700+ tradable assists. All clients are eligible for trading in US stocks. You can also invest in the shares of some of the largest companies in the in the UK, France and Germany.
You can mirror or copy the trades of others, often more experienced traders, by using automated trading platforms. Using this method, you can automate your trading and be able to trade even if you are a complete beginner. Traders with more experience can use this method so they don’t have to watch their screens all day.
With DupliTrade, traders can automatically follow more experienced traders’ signals and strategies in real time. its easy-to-use interface, you can build and manage your trading portfolio while gaining valuable insights into successful trading strategies
The Australian Securities and Investments Commission (ASIC)
The Financial Services Authority (FSA)
Abu Dhabi Global Market (ADGM)
The Central Bureau of Investigation (CBI)
The BVI Financial Services Commission
The Financial Sector Conduct Authority (FSCA)
Is Avatrade a market maker?
The company is a market maker.
Is Avatade trustworthy broker?
Avatrade is an established broker with a good reputation. The money that is funded to Avatrade is placed into a segregated bank account at a tier 1 bank. Avatrade doesn’t hold your money directly, but rather a tier 1 bank. Your money cannot be accessed directly by the broker.
What is Avatrade Headquarters country?
Five Lamps Place, Amiens Street, Dublin 1 Ireland