Avatrade is brokage company owned by Ava Capital Markets Ltd and was established in 2006. They operate in over 150+ countries excluding the US. They own offices around the world and are fully licensed and regulated Globally. AvaTrade Specialize majorly in Forex, CFD Trading and Cryptocurrency.
The brokage company has been able to build a reputation in the industry as they have won several awards since they were established in 2006.
Avatrade operates a unique and standard trading platform which comes with trading tools and indicators. Also, traders that want to trade through the MT4 can as well access their trading account through the MT4 Trading Platform with ease.
Other Platforms in which traders can access their Avatrade accounts from includes Web trading, Mac Trading, AvaOptions.
Avatrade offers a mobile trading platform to their clients called AvaTrade Go which is a mobile trading suited for MT4 accounts. Avatrade Go has a user-friendly interface and its suitable for traders who want to trade on the go.
AvaTrade MAM Accounts
Avatrade has a MAM (Multi-Account Manager) option for trader managing several accounts for clients. This account type comes with several features including:
- Minimum lot of 0.01 lots
- Ability to create multiple sub trading groups
- All MT4 order types such as stops, limits and close are available
- Expert Advisors (EAs) compatible
- Order placements for unlimited accounts
- Trade order placements from a master account
Using the MAM account, traders can access all the information and separate client accounts in order to manage their client’s accounts effectively.
AvaTrade Cryptocurrencies Trading
Avatrade offer cryptocurrency trading which allows traders to trade a variety of popular cryptocurrencies. Cryptocurrencies which can be traded on the platform include:
- Bitcoin Cash
Unlike Cryptocurrency Exchanges where physically buying and selling Cryptocurrencies is possible, AvaTrade deals mainly with financial derivatives such as CFDs which simply means you will not be buying and selling physical cryptocurrencies but rather trade them with CFDs which allows you to capitalize on the price movements of the cryptocurrency.
Avatrade offers you a trading account allowing you to practice and test strategies without having to risk your actual capital. The Demo trading account can be accessed for free when you sign up to the broker an doesn’t require you to make any deposit.
Avatrade accepts a minimum deposit of $100 which is an averagely considerable amount for traders who are on a low budget or just want to invest a little in the market through their platform.
Avatrade offers their traders a variety of payment methods making it easy for traders to make deposits as well as withdraw money. The different payments methods integrated by the broker include Wire Transfer, Card Payment(Credit and Debit cards), Paypal, MoneyBookers, Webmoney, Skrill and NetTeller.
Avatrade allows a maximum leverage of Up to 400:1 which is an industry standard and an advantage for traders who can bear a high level of risk.
Spreads and commisions
Avatrade offers their clients more than 60 FX pairs with spreads as low as 0.9 pips.
Regulation & License
Avatrade is a fully Licensed and regulated broker, with regulation from major regulatory bodies. Here is a list of regulatory bodies regulating the broker:
- AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877)
- AVA Trade Ltd is regulated by the B.V.I Financial Services Commission
- Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684)
- Ava Capital Markets Pty is regulated by the South African Financial Services Board (FSP No.45984)
- Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574)
Avatrade has a great customer care service which operates in 14 different languages and their support service is available 24 hours/5 days. The support team can be reached via live chat, email and telephone.
Telephone: Visit their Official Website for your country’s contact no.
Email: [email protected]avatrade.com
Benefits of Trading with Avatrade
Trading with Avatrade, you would have access to free training materials which include PDFs and video tutorials. Also, the broker offers a trading program called Sharp Trader, which is a learning portal for both beginner and expert traders. Joining the program gives traders access to FX Signals, Technical Analysis, Economic Calendar and Market Reviews.
- Fully Regulated Globally
- Flexible and is integrated with major auto trading platforms
- Variety of trading instruments
- Free learning materials
- FAQ is not very informative
Avatrade is a multi-award winning broker, winning several awards over the years since it was established in 2006. They have a huge customer base which clearly shows they have a lot to offer and based on our research, Avatrade is a suitable broker for both beginner and expert traders
Also, the broker is extremely flexible and is integrated with several other trading platforms including auto-trading platforms like ZuluTrade