A AvaTrade is an award-winning broker regulated in 6 jurisdictions, offering a generous selection of over 1250+ trading instruments across multiple markets.
They offer traders worldwide easy-to-use trading platforms and some of the best possible trading conditions, including low fees, fixed spreads, fast execution speeds, multiple accounts, multiple deposit and withdrawal options.
AvaTrade has built a brand on a solid reputation and continues to build on that reputation with the recent addition of AvaProtect – an automated loss protection tool – to its product line.
AvaTrade overview
Test Now! AvaTrade was launched in 2006 and has since become one of the largest forex brokers in the world. Forex in the world, serving more than 200.000 registered customers. They have a monthly transaction volume of around US$60 billion, with customers completing around 2 million transactions per month.
AvaTrade is headquartered in Dublin, Ireland with regional offices around the world including South Africa, China, Spain, Australia, Japan, France and Italy.
AvaTrade provides all levels of traders with a wide range of trading instruments, including Forex , Commodities, Cryptocurrencies, Stocks, Shares, Indices, Metals, Energies, Options, CFDs & ETFs.
There are over 1250 instruments available to traders across multiple desktop, tablet and mobile trading platforms. This includes the world’s most popular platform, MetaTrader 4.
AvaTrade has won numerous awards, including best forex broker on numerous occasions and best trading experience. They maintain strict core values to operate with integrity and innovation, always putting the customer first and helping them reach their full potential through an enjoyable trading experience.
AvaTrade is regulated in 6 jurisdictions including Europe, Australia and South Africa, with regulatory licenses spanning 5 continents. Client funds are held in segregated accounts away from AvaTrade trading funds for added security.
AvaTrade provides all levels of traders with a wide range of free educational material, trading tools and copy trading platforms via DupliTrade and ZuluTrade.
AvaTrade Regulation
- AvaTrade is an EU regulated trading broker, Japan, Australia, South Africa and the British Virgin Islands. This means they have to meet strict regulatory compliance rules. This applies to how they handle client funds (segregated accounts), security and financial reporting.
- AVA Trade Ltd is regulated by the British Virgin Islands Financial Services Commission (BVI). BVI provides licenses to companies operating in financial services within this territory.
- AVA Trade EU Ltd is regulated by the Central Bank of Ireland (CBI). AVA Trade EU Ltd is a licensed investment firm under the Markets in Financial Instruments Directive (MiFID). MiFID regulates investment services within the EU. It helps to provide greater client investment protection with efficiency and transparency.
- Ava Capital Markets Australia Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC). This is an Australian regulatory body that applies to Australian customers. It helps to ensure that financial services operate in a fair and transparent manner.
- Ava Trade Japan KK is regulated in Japan by the Financial Services Agency (FSA) and the Financial Futures Association of Japan (FFAJ).
- Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA).
AvaTrade Platforms
AvaTrade is committed to empowering people to trade and invest online, so they cater to all clients with a range of independent and online trading platforms for traders to access the markets.
These platforms are available to all client levels and can be selected depending on your trading needs. You can trade multiple trading instruments across the different platforms through one account.
One trader may prefer the ease of use of MetaTrader 4 while another may need the convenience of AvaTradeGO application to trade from anywhere in the world at any time. AvaTrade also offers a selection of copy trading software to copy trades from other traders, DupliTrade and ZuluTrade.
Each platform provides an enjoyable trading experience, featuring a variety of financial instruments across multiple markets, range of analytical tools, indicators and charts.
AvaTradeGO
Customer can trade on the go using the intuitive AvaTradeGO application which has a user-friendly control panel and advanced features for quick and easy 'online' trading from anywhere in the world.
You can access global markets with live feeds and social trends to discover new trading opportunities on this intuitive mobile trading app.
Enjoy a smooth trading experience with a sophisticated instrument panel, with a set of intuitive position management tools, clear charts, zoom to details, and many more useful features unique to APP AvaTradeGO.
With AvaTradeGO, trading can be made as simple as possible, as the app provides you with step-by-step guidance on opening trades, feedback on your activity, and support whenever you need it.
Users are able to manage multiple accounts from the app and switch between demo and real accounts to get all the data they need about their trades while using their AvaTrade account credentials.
MetaTrader 4
MT4 is one of the most popular trading platforms used by millions of traders worldwide today. MetaTrader offers a powerful and flexible trading environment.
It's simple enough to use for new operators, while having enough advanced features to suit the most professional operator.
MT4 is free to download to your desktop or smartphone and can also be run directly in your web browser. Internet no need to download or install any additional software.
- Flexible and fast online trading platform
- Fully customizable graphics, layouts and templates
- Built in indicators for technical and fundamental analysis
- Copy trading signals from key suppliers
- Expert Advisors (EAs) for Automated Trading
- MQL4 programming “interface” to create custom indicators or EAs
- Price alert notifications via email, SMS & platform pop-ups
- Global accessibility from PC, web & mobile (iPhone / iPad / Android / Tablet)
MetaTrader 5
MT5 is the next generation MetaTrader platform, offering state-of-the-art trading capabilities, plus technical analysis tools, orders, timeframes, graphical objects, advanced automated trading systems and copy trading signals. Despite the additional tools and functionality of MT5, most operators still prefer to use MT4, in part because there are already plenty of tutorials and tools available for free 'online'.
- Keeps most of the same functionality as MT4 with some new additions
- New and Improved 'Interface' for MT5
- 38 Technical indicators for analyzing charts to detect trends and ranges
- An unlimited number of graphics can be opened at the same time.
- Multi-currency EA compatibility and powerful EA testing environment
- Global accessibility from PC, web & mobile (iPhone / iPad / Android / Tablet)
social commerce platforms
AvaTrade offers a selection of auto-trading software across some of the best social trading platforms that allow you to copy the trades of experienced forex traders.
Automated trading platforms can mirror or copy others' trades directly to your own trading platform/account.
A trader can copy signals or mirror entire strategies, thus benefiting from the experience and knowledge of other users. The different auto trading platforms provided by AvaTrade can help those with limited time or trading knowledge.
DupliTrade
DupliTrade is an MT4 compatible platform that allows users to automatically copy real-time trading strategies according to their risk preference and trading style.
It has a user-friendly interface that makes it easy to build and manage a trading portfolio, while gaining valuable insights into other trading strategies.
ZuluTrade
ZuluTrade is one of the best platforms of social commerce currently used. ZuluTrade presents the trading strategies of other traders that you can follow to have their trading signals automatically copied to your AvaTrade account.
You can browse and filter the available trading strategies and choose the ones that best suit your individual risk preferences and trading needs.
AvaTrade Trading Tools
AvaTrade offers a wide range of trading tools and services, including an economic calendar to keep you up to date with the latest market news, technical and fundamental analysis software, a trading calculator and the latest market updates.
These tools can help in analyzing potential trading opportunities and benefit all levels of users.
Avatrade Autochartist
AvaTrade offers the award-winning Autochartist automated technical analysis tool that runs on both the MetaTrader and mobile platforms. Autochartist will scan and analyze markets to identify trading opportunities across hundreds of financial instruments based on sophisticated recognition engines.
As the world leader in automated technical analysis, Autochartist's proprietary technology allows you to continuously scan intraday markets. Its advanced recognition engine not only identifies the strongest potential trading opportunities at all times, it also helps you to predict future price movements.
Autochartist's unique technology is based on technical reviews that are based on the psychological behavior of the market. Its algorithms are programmed to accurately follow the formation of graph patterns and Fibonacci levels, as well as develop opportunities based on Elliot Wave Theory. Whether you are a new or experienced user, Autochartist can be of great benefit in helping you quickly and efficiently analyze the market.
- Chart Pattern Recognition: Identifies chart patterns of all types – both current and completed – with a pattern quality indicator to help with your decisions.
- Pattern recognition of Fibonacci: Automatically identifies a range of patterns, simple and complex Fibonacci, ranging from retractions to butterflies.
- Key Level Analysis: Autocartista helps you set limits by identifying support and resistance levels. The 'software' classifies the levels as escape or approach.
- Pattern Quality Indicator: A set of four visual indicators that allow the user to tell, at a glance, the probability of a pattern being completed.
- Quality Risk Management Tools: Optimize your stop loss and take profit using a set of 3 risk management tools that come with Autochartist. These are the Risk Calculator, Volatility Indicator and Statistical Analysis tool.
AvaTrade Education
AvaTrade has a lot of free educational material to help improve user knowledge. This includes videos, articles, e-books, daily markets and webinars in multiple languages. The educational material is beneficial for both beginners and advanced traders.
Educational content covers a wide range of trading topics such as money management, trading platforms, strategies, technical and fundamental analysis, different markets and much more.
AvaTrade Accounts and Fees
AvaTrade keeps things simple with the trading accounts they offer. There is the regular account, the intermediary account and the professional account. Both offer negative balance protection, with client funds held in segregated bank accounts that are not accessible by AvaTrade. The minimum deposit to open an account is just $100.
To qualify for the professional account if you are based in the EU, you must have carried out sufficient business activity in the last 12 months, have relevant experience in the financial sector or a financial portfolio of more than €500.000.
This is due to strict EU regulations. AvaTrade does not charge a commission to trade with them, instead they charge a fixed spread. There is an overnight and inactivity fee.
AvaTrade provides demo accounts if you want to test the different trading platforms and conditions before opening a real account with them. This can be a good way to familiarize yourself with the broker before trading with a live account.
- Standard Account: $0 commission, fixed spreads from 0,9 pips
- Professional Account: $0 commission, fixed spreads from 0,9 pips
AvaTrade Support
AvaTrade's award-winning customer service is available 24/5 in 14 languages via phone, chat room, email. There is always someone available to answer your questions as and when needed.
You can find a list of phone numbers for each country on the broker's website with a very comprehensive help center covering all the topics the client may want.
AvaTrade Deposit and Withdrawal
AvaTrade offers a range of easy-to-use deposit and withdrawal options, including bank transfer, credit/debit cards and 'online' payment processors. Financing options via e-Wallet, which allows faster transfers. AvaTrade does not charge any deposit or withdrawal fees.
Conclusion
AvaTrade, in our opinion, is without a doubt one of our top brokers for online trading, regardless of your experience level. They have very strict regulation across multiple jurisdictions to protect their clients and offer an excellent range of trading instruments across different asset classes.
Trading platforms are easy to use and suitable for different traders, providing a pleasant trading experience with low spreads, low commission rates and fast execution speeds.
The broker also provides many free trading tools and educational materials to clients, while the customer support team is available to answer any questions in a quick and friendly manner.
If you are looking for a reliable broker, with a variety of tools, great support, AvaTrade is for you.
