Founded in :  2006

Headquarters : Dublin

Regulation : Bank of Ireland, ASIC, FSP, and FSA

 

 

 

 

Platforms : AvaTradeGo, MT4, DupliTrade, ZuluTrade

Leverage : 1:30/1:400

Minimum Deposit : USD250$

 

 

 

AvaTrade is an Irish-based financial service provider and it manages to help over two-hundred thousand traders spread out all over the world with their 250 trading instrument and quality technical support.

Who are AvaTrade?

AvaTrade is a leading brokerage firm with a globally acclaimed reputation with more than 200,000 clients all over the world. It is considered well-regulated in five continents with quality trading solutions; they disregard user knowledge or experience, by giving traders the possibility to enter the market through different platforms and features.

AvaTrade is a multi-national brokerage company, which is headquartered in Dublin, Ireland. There are other regional offices in Paris, Milan, Madrid, Tokyo, Beijing, and Sydney. It was established in 2006 and slowly grew, while global traders have traded more than two million trades a month, through 250 trading instruments.

It comes as no surprise that AvaTrade has earned various industry awards in the past ten years of success; they also have widespread support programs that were launched by the brokerage firm. Regardless of the brokerage company itself, AvaTrade has been constantly rewarded for its financial services and the leading trading technology.

Is AvaTrade Safe or a Scam?

As a globally acclaimed brokerage firm, it follows strict regulations of the Client Asset Regulations, along with the registration of licenses from the Bank of Ireland. There are also other registered licenses such as the ASIC, FSP, and FSA; these licenses are from Australia, South Africa, and Japan. The laws and safety regulations allow the firm to be reliable with their traders to trust them; this allows them to be considered as a safe firm to trade with.

These regulations and safety procedures permits AvaTrade to protect clients; they are protected with the concept of segregated accounts, where the trader’s funds are isolated from the funds of the firm with other international entities. There is also the Compensation Schemes where if the brokerage firm goes bankrupt, then the company will acquit and compensate for the issue. Alongside the Compensation Schemes, there is also a negative balance protection that also protects the clients from any negative imbalance.

AvaTrade

As a globally acclaimed brokerage firm, it follows strict regulations of the Client Asset Regulations, along with the registration of licenses from the Bank of Ireland. There are also other registered licenses such as the ASIC, FSP, and FSA; these licenses are from Australia, South Africa, and Japan.[/caption]

Trading Accounts and Platforms

Accounts

With AvaTrade, there is no choice when it comes to the type of trading account; there is only one trading account. The brokerage firm also offers a Demo trading account, which is also known as the risk-free account. Demo accounts are created for traders to implement and stimulate strategies, without having any exposure for financial risk. There is also the option for Swap-free accounts, for Muslim clients who wish to trade and follow the Shariah principle.

Platforms

Despite the fact that AvaTrade does not offer variety in trading accounts, it makes up for it with its wide selection of trading platforms. The myriad of trading platforms is due to the fact that the company wants to give each client a trading platform; each client will use a trading platform that will be tailored to their preferences and needs. This is further proven by the feature that AvaTrade and its trading platforms allow the option for traders to manually trade or apply the automatic option, through various financial tools.

There are a fair few trading platforms that belong to AvaTrade, all of which are available as PC versions and as mobile applications. The trading platforms are: AvaTradeGo, MT4, DupliTrade, ZuluTrade, and multiple others. AvaTradeGO is an application that consists of a wide variety of tools, and a quality user-friendly feature that aids clients to trade. The application allows step-by-step guidance for trade openings, activity feedback and technical support. The trading platform also permits the management of various MT4 trading accounts, or the option to switch between features and accounts.

As for MT4, it is an option to use with AvaTrade; it is a trading platform that is very common and useful for both novice and expert traders. This trading platform allows flexibility in trading with the ability to do so through auto-trading. Traders can also switch to different types of spreads, from low spreads that are directly from the marker or to fixed spreads. There is also the AvaOption platform that is developed by AvaTrade, with the specific purpose to provide quality visual tradings.

AvaTrade

AvaTradeGO is an application that consists of a wide variety of tools, and a quality user-friendly feature that aids clients to trade.

AvaTradeGO is an application that consists of a wide variety of tools, and a quality user-friendly feature that aids clients to trade.

What are AvaTrade’s Trading Fees?

Any trading interaction that is established by AvaTrade trading platforms are expected to pay any charges or fees. There is also an overnight fee; an overnight fee is a fee that is paid by the trader in the case there is a trading position that is opened for longer than a day. In this particular case, the trader should realize that there is a small percentage that will be added to the trading transaction.

Trading Leverage

Trading leverage is a known trading instrument, for new and expert traders alike. This increases the initial capital that the trader is trading with and can be considered a very powerful tool to amplify potential gains. However, high leverage can also mean great financial risk for the exposure of the client’s funds.

With AvaTrade, as a safe and secure brokerage entity has to comply with different trading conditions or regulations that they must abide by. This shows that European traders, or any registered client, must abide by the ESMA regulations that have limited the maximum leverage level.

The ESMA regulations have a maximum leverage level of 1:30, while international traders can use the maximum leverage level of 1:400.

What are AvaTrade’s Methods of Deposits and Withdrawals?

With trading and investments, a key aspect is being able to access funds without any ramifications. AvaTrade provides several different ways of depositing funds into trading accounts; these include such as: Credit and Debit Card, Wire Transfers, and various forms of online payment. The online payments consist of: Skrill, Webmoney, and Neteller; however, Neteller is available to only international clients.

There is a minimum deposit that is established by the AvaTrade policy. For Credit and Debit Cards, there is a minimum deposit of 250$, and for wire transfers, there is a 500$ minimum deposit.

The ability to withdraw funds is absolutely essential for any trader, albeit novice or expert trader. With AvaTrade, the process for withdrawing funds takes about one to two business days, without any withdrawal fee. Another policy is that, the funds that are withdrawn have to go through the same source of the deposit, to align with the anti-money laundering processes. This is beneficial, because it solidifies the amount of safety of AvaTrade.

Research Tools and Educational Materials

AvaTrade provides research tools across various channels. They offer copy trading platforms, but the main tool of information is AutoChartist. AutoChartist provides a trendy set of instruments that recognize patters for fundamental and technical analysis. There are many brokerage firms provide these services to all individuals who have accounts; with AvaTrade, AutoChartist is only available only for individuals who have live accounts that deposit at USD500.

AutoChartist has daily updates that defines short-term technical indications while a fundamental analysis section offers daily reports.

AvaTrade offers an economic calendar and research tools through the SharpTrader website. With SharpTrader, traders are able to find both daily and weekly fundamental and technical analysis articles; they are published daily by a team of analysts and with integrated instruments from external sources. There is a daily YouTube video that consists of the main aspects of their research materials.

AvaTrade provides training courses and other educational resources through the SharpTrader website. These tutorials are well-organized and categorized into three types of tutorials. These three types of tutorials consist of: beginner, intermediate, and advanced topics, which offers logical paths to skill building. There are a bunch of general articles that covered all sorts of topics on the financial market, as well as lessons on trading platforms.

Educational materials were divided into five sub-topics, which makes clients able to find what they need efficiently and effectively. There is a menu for the educational materials to make it easier for clients

Conclusion

AvaTrade is an international broker, which is headquartered in Dublin, Ireland. There are other offices in Paris, Milan, Madrid, Tokyo, Beijing, and Sydney. It was founded in 2006 and slowly cultivated, while worldwide clients have dealt more than two million trades a month, through 250 trading mechanisms. As a globally acclaimed broker, it pursues stern security policies of the Client Asset Regulations, along with the registration of authorization from the Bank of Ireland. There are also other registered licenses such as the ASIC, FSP, and FSA; these licenses are from Australia, South Africa, and Japan.

With AvaTrade, there is no choice when it comes to the type of trading account; there is only one trading account. The brokerage firm also offers a Demo trading account, which is also known as the risk-free account. There are a fair few trading platforms that belong to AvaTrade, all of which are available as PC versions and as mobile applications. The trading platforms are: AvaTradeGo, MT4, DupliTrade, ZuluTrade, and multiple others. AvaTradeGO is an application that consists of a wide variety of tools, and a quality user-friendly feature that aids clients to trade.

Any trading interaction that is established by AvaTrade trading platforms are expected to pay any charges or fees. There is also an overnight fee, which is a fee that is paid by the trader in the case there is a trading position that is opened for longer than a day. The ESMA regulations have a maximum leverage level of 1:30, while international traders can use the maximum leverage level of 1:400.