AvaTrade is a financial brokerage with 9 licenses from financial authorities [CBI, MiFID, FSA, ASIC, FSCA, BVI FSC, ADGM, CySEC, ISA.] Margin call and stop out levels are 25% and 10%, respectively, on this broker.
You will be required to deposit at least $100 for getting started with the brokerage; there are 6 payment options [credit/debit cards, bank wire transfers, Skrill, Neteller, WebMoney, PayPal.]
AvaTrade Broker Company Information & Regulation
AvaTrade is a globally regulated broker, licensed in major jurisdictions such as the Central Bank of Ireland, ASIC (Australia), FSCA (South Africa), FSA (Japan), and FSRA (Abu Dhabi). Its broad regulatory coverage reflects strong credibility and security for traders across the globe.
AvaTrade also adheres to MiFID II regulations in Europe, and ensures the safety of client funds by maintaining segregated accounts.
AvaTrade Summary of Specifications & Key Features
Let's take an overall look at the broker's key features and specifications. AvaTrade Key Features:
Broker | AvaTrade |
Account Types | Retail, Professional, Islamic, Demo |
Regulating Authorities | ASIC, CySEC, CBI, FSA, FSCA, MiFID, ADGM, PFSA, ISA |
Based Currencies | USD, EUR, CHF, GBP, JPY, AUD |
Minimum Deposit | $100 |
Deposit Methods | Credit/Debit Cards, E-Wallets, Bank Wire Transfer, PayPal |
Withdrawal Methods | Credit/Debit Cards, E-Wallets, Bank Wire Transfer, PayPal |
Minimum Order | 0.01 lot |
Maximum Leverage | 1:400 |
Investment Options | Copy Trading, Referral Program |
Trading Platforms & Apps | MetaTrader 4, MetaTrader 5, Mobile App, WebTrader |
Markets | Forex, Metals, Stocks, Commodities, Indices, Crypto |
Spread | Depending on the Asset |
Commission | No Commission on Deposits/Withdrawals Inactivity Fees Overnight Fees |
Orders Execution | Instant |
Margin Call/Stop Out | 25%/10% |
Trading Features | Crypto and CFD Trading, Islamic Account |
Affiliate Program | Yes |
Bonus & Promotions | No |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Online Chat, Email, Phone Calls |
Customer Support Hours | 24/5 |
AvaTrade Account Types Specifics
AvaTrade offers multiple account types to suit different trader profiles:
- Standard Account: Suitable for most retail traders
- Professional Account: For experienced traders with better conditions
- Islamic Account: Swap-free accounts compliant with Sharia law
- Demo Account: Yes, available for practice
Pros and Cons
Let's weigh the advantages and disadvantages of trading with AvaTrade from a balanced perspective. AvaTrade advantages and disadvantages:
| Pros | Cons |
| Well-regulated by multiple authorities | Limited account types compared to some competitors |
| Wide range of trading instruments | - |
| Multiple trading platforms, including MT4/MT5 | - |
| Decent educational resources | - |
AvaTrade Broker Account Opening & Verification: Step-by-Step Guide
Signing up with this company is done in a few steps that will be discussed in this section. AvaTrade Registration:
#1 Access the AvaTrade Platform
Navigate to the official AvaTrade website and hit the “Create Account” button to begin.
#2 Set Login Credentials
Input your email, define a secure password, and select your country of residence.
#3 Submit Personal Information
Provide your full name, birth date, phone number, and residential address, then select your base currency and desired trading platform.
#4 Enter Financial Profile
Indicate your occupation, annual income estimate, net savings, and trading background to comply with KYC protocols.
#5 Accept Regulatory Terms
Finalize registration by agreeing to AvaTrade’s terms and confirming non-U.S. tax status.
To start working with this broker's services, traders must complete the AvaTrade verification process by uploading the necessary identity and address documents. Fo detailed instructions, watch the video below.
AvaTrade Trading Platforms and Applications Specifics
The broker offers a variety of trading applications to provide several features for traders. AvaTrade Apps:
- MetaTrader 4 (MT4): The industry-standard platform known for its vast range of charting tools and trading capabilities;
- MetaTrader 5 (MT5): An advanced version of MT4 with more features and newer user interface;
- AvaTrade WebTrader: A proprietary web-based platform that requires no download, offering a user-friendly interface and essential trading tools;
- Mobile App: A mobile trading app available for iOS and Android devices, allowing traders to manage their accounts on the go;
- AvaOptions: A specialized platform for options trading, featuring advanced risk management tools.
AvaTrade Spreads and Commissions on Trading & Other Activities
AvaTrade does not charge trading commissions and instead earns from fixed spreads, which are typically competitive. There are no fees for deposits or withdrawals. Additionally, swap fees and currency conversion fees may apply.
The broker provides a clear structure on the exact amount of spreads, depending on each asset class. Also, these fees are mentioned on the official website:
- Inactivity Fee: A monthly inactivity fee of $10 (or the equivalent in your account currency) will be charged if your trading account has not been used for two consecutive months and your account equity is below $2,000.
- Overnight Premium: deducted from account after holding a position for over a certain amount of time
- Administration Fee: Account may be subject to annual fees after 12 consecutive months of inactivity period
Based on our investigations, there are no commissions charged by the broker for deposits and withdrawals.
AvaTrade Deposit & Withdrawal Methods
This broker provides a bunch of payment options for deposits and withdrawals. In the list below, we will have an overview of the methods:
- Credit/Debit Cards
- Bank Wire Transfer
- E-wallets (Skrill, Neteller, WebMoney)
- PayPal (in select countries)
- Apple Pay and Google Pay (Not available to all regions)
AvaTrade requires a minimum deposit of $100 to open a standard trading account.To learn about the details of each transaction method, we suggest reading the AvaTrade deposit and withdrawal methods article.
Copy Trading & Investment Options Offered on AvaTrade
This broker pays enough attention to copy trading services, providing 2 platforms specifically used for this goal. AvaTrade Copy Trading Platforms:
- DupliTrade: An automated trading platform integrated with AvaTrade, featuring Strategy providers with proven track records, real-time performance monitoring, and risk management tools;
- AvaSocial: This app is designed by AvaTrade to let users copy trades from experienced traders and interact with them in real time.
Also, this brokerage provides an affiliate program used for earning passive income through inviting friends.
Which Tradable Markets & Symbols are Available on AvaTrade?
AvaTrade offers a diverse range of over 1250 instruments from various asset classes. List of tradable assets on AvaTrade:
- Forex: Popular currency pairs including majors, minors, and exotics;
- Stocks: CFDs on shares from major global exchanges;
- Indices: Major global stock indices like S&P 500, FTSE 100, and Nikkei 225;
- Commodities: Metals, energies, and agricultural products;
- Cryptocurrencies: Bitcoin, Ethereum, Ripple, and more;
- ETFs: A selection of exchange-traded funds;
- Bonds: Government and corporate bonds.
This wide selection allows traders to diversify their portfolios and take advantage of opportunities across various markets.
Does AvaTrade Currently Offer Any Bonuses and Promotions?
Based on our investigations on the website and official resources, the broker offer bonuses, but they are not available to all users and it depends on your region and jurisdiction.
AvaTrade Support: Does It Offer 24/7 Services?
The company provides comprehensive customer support, though not on a 24/7 basis. AvaTrade Customer Support:
- 24/5 customer service via live chat, email, and phone
- Support available in 14 languages
- Knowledgeable and responsive agents
While the lack of 24/7 support may be a drawback for some traders, the brokerage's support team is generally praised for its helpfulness during operating hours.
List of Countries Banned from AvaTrade's Services
The company serves traders in over 150 countries but is restricted in several jurisdictions:
- United States
- Belgium
- Iran
- Cuba
- Syria
- New Zealand
Always check the most up-to-date list on the broker's website, as restrictions can change based on regulatory requirements.
AvaTrade Broker Trust Scores & Reviews
The brokerage generally receives positive reviews from users and industry experts; AvaTrade's Trustpilot score is 4.5 out of 5, based on over 8,000 reviews. Overall, AvaTrade scores well in trust and reliability, with a high average rating on various websites.
AvaTrade Education Section Overview
The website of the broker offers a robust educational suite for traders of all levels. It includes:
- Trading guides and tutorials
- Video lessons on various trading topics
- Live webinars hosted by market experts
- Economic calendar and market analysis
These resources demonstrate mentioned broker's commitment to trader education and development.
AvaTrader Comparison with Other Forex Brokers
The table below compares the most important features of trading with AvaTrade to those of other well-known Forex brokers.
Parameters | AvaTrade Broker | |||
Regulation | ASIC, CySEC, CBI, FSA, FSCA, MiFID, ADGM, PFSA, ISA | ASIC, VFSC | FSC | FSA, FSC, Misa, FinaCom |
Minimum Spread | 0.0 Pips | 0.0 Pips | 0.0 Pips | 0.0 Pips |
Commission | $0 | $0 | $0 | $0 |
Minimum Deposit | $100 | $0 | $200 | $100 |
Maximum Leverage | 1:400 | 1:500 | 1:3000 | 1:3000 |
Trading Platforms | MetaTrader 4, MetaTrader 5, Mobile App, WebTrader | MetaTrader 4, MetaTrader 5, TradingView, cTrader | MetaTrader 4, MetaTrader 5, FXTM Trader App | MetaTrade 4, MetaTrade 5, Mobile App |
Account Types | Standard, Demo, Professional | Zero, Classic | ADVANTAGE, STOCKS, ADVANTAGE, ADVANTAGE PLUS | Standard, ECN, Fixed, Crypto |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 1250+ | 250+ | 1000+ | 700+ |
Trade Execution | Instant | Market, Limit, Stop, Trailing Stop, Take Profit | Market | Market, Instant |
Conclusion and Final Words
AvaTrade is a multi-asset brokerage with a 4.5/5 trust score on the "Trustpilot" website. You have 3 options [live chat, email, phone call] for contacting the support department in the mentioned company, which is available 24/5. Beside that, AvaTrade support is available in 14 languages.