AvaTrade Review: Pros, Cons, And How It Stacks Up | 2023 Update
This AvaTrade review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about AvaTrade to give you the most comprehensive guide available.
AvaTrade is a leading broker that was founded in 2006. They have around 478 staff that help the company offer , to 200,000+ customers through MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps.
AvaTrade Guide – Read our In-Depth AvaTrade Review
AvaTrade Rating: 5.15 / 10
This AvaTrade review page contains information about investing with AvaTrade. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of AvaTrade does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This AvaTrade review contains the latest info surrounding AvaTrade.
If you are new to the world of trading online and brokers, so many details will no doubt be confusing for you. Getting into the world of trading online demands expert assessing skills and comprehensive understanding. You will get proficient at all of the concepts of trading online and brokers as you continue trading. For starters, you need to choose the ideal online trading platform who will consistently be transparent with you.
In the fast-paced universe of financial markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan could assist you in minimising any losses and maximising any profits. AvaTrade is just one such broker that will assist you. It's important that you know all you can about any broker before you trust them with your money.
AvaTrade Guide for 2023 – Brief Overview
| AvaTrade Telephone: | +353 76 680 3327 |
| AvaTrade Support Email: | cs@avatrade.com |
| AvaTrade Address: | Ul. Postpu 15, Warsaw, Masovian Voivodeship 02-676, PL |
| Year Founded: | 2006 |
| Regulated By: | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) |
| Hedquarters: | The British Virgin Islands |
| Minimum Deposit: | $250 |
| Number Of Clients: | 200,000+ AvaTrade users and traders |
| AvaTrade LinkedIn: | https://www.linkedin.com/company/avatrade/ |
| AvaTrade Facebook: | https://www.facebook.com/AvaTrade |
| AvaTrade Facebook Likes: | 113,240 |
| AvaTrade Twitter: | @AvaTrade |
| AvaTrade Twitter Followers: | 13,200 |
| AvaTrade Instagram: | https://www.instagram.com/avatradeofficial/ |
| AvaTrade Instagram Followers: | 12,300 |
| AvaTrade Youtube: | https://www.youtube.com/user/AvaTradeTV |
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79% of retail investor accounts lose money when trading CFDs with this provider |
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Our full AvaTrade review for beginners covers everything you will need to know about trading with AvaTrade. A good broker can use your initial investments and help to protect it from losses but also give you a platform that can help to give you profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing goals.
Of course, there's absolutely no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you choose them. It is a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
AvaTrade is a trading partner that has forged its way successfully into the brokerage world. In this review, we have attempted to collate a number of the vital aspects of AvaTrade. This guide can help you to learn whether AvaTrade is a fantastic match for your investments or not. We have attempted to breakdown all of the qualities and charges for your advantage.
Who are AvaTrade?
AvaTrade is a forex broker with its head office in The British Virgin Islands and provides a range of tools for online trading. Since its beginning in 2006 they have emerged as a leading player in the industry of online trading. AvaTrade includes an extremely reputable and full-featured trading site that's focused on forex, indices, metals, sharesand commodities.
Over the past 17 years, AvaTrade has grown into one of the leading online brokers available to the public.
After launching in 2006, their client base has become as large as 200,000+ clients.
AvaTrade is a favourite for many traders . Our AvaTrade account review found that they're a reputable solution for online trading options. They are best suited for investors who are looking for a variety of assets. Social and easy to use trading solutions are the heart at AvaTrade.
Technology plays a substantial role in AvaTrade. They features trading on MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps. AvaTrade is fair, transparent, and also a well-regulated broker by the Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.
The educational department at AvaTrade is quite insightful for new dealers since it allows them to have a closer look in the financial markets. AvaTrade caters to all types of traders and are a must-have broker for any well-diversified method of trading.
AvaTrade Review Videos
Benefits of trading with AvaTrade in 2023
Trading with AvaTrade comes with many advantages. These advantages are what sets AvaTrade apart from all other online brokers. You need to check all of the benefits listed so that you have a better understanding of AvaTrade.
The agent goes to great lengths to comprehend what traders need. As a result, the service, fast, and convenient. The agent also gives a variety of programs for all types of traders. AvaTrade helps to ensure that the individual needs of all online traders are met to the best of their ability.
AvaTrade also features excellent trading conditions which are readily available to all and not just an elite group of institutional customers. The tight spreads and quick executions are a fantastic advantage for all traders. The technology adopted by AvaTrade is among the maximum caliber, ensuring that it's fast, reliable, and effective.
AvaTrade acknowledges the significance of owning a fast order execution. A quick execution will allow users to trade without fretting about slippage safely. It is going to also help the traders to catch any opportunities.
Copy trading is another major aspect of AvaTrade. A new dealer can learn from business experts utilizing the automatic copy trading alternative. This allows you to see well performing traders and instantly mirror their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, AvaTrade offers social trading which encompasses leading traders sharing their knowledge with the community. AvaTrade's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading
AvaTrade has over 250 trading tools to support all kinds of traders. These instruments are dynamic and suitable for both the new and seasoned traders. All dealers can set aside all their concerns when trading with AvaTrade.
AvaTrade Overview
Year Founded: 2006
Regulated By: Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Hedquarters: The British Virgin Islands
Minimum Deposit: $250
Number Of Clients: 200,000+
79% of retail investor accounts lose money when trading CFDs with this provider
If you feel that AvaTrade is not right for you then at the bottom of this AvaTrade review you will find a lot of alternatives to AvaTrade.
What you ought to know about trading using AvaTrade
AvaTrade is a lively platform that provides various techniques of trading online. These tools cover the financial markets substantially. Most of the broker platforms offer fewer procedures than AvaTrade
If you wish to trade with AvaTrade, you will require a minimum deposit of $250. This deposit is compulsory if you wish to begin trading with AvaTrade. This 2023 AvaTrade review will guide you easily about trading with them.
AvaTrade is as flexible as another broker platform. AvaTrade is ideal for traders that want a manageable array of cheap services. The platforms offered by AvaTrade are third-party, white-label offerings. All traders may choose out of MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps
Along with everything, AvaTrade has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade has to be kept open. The agents offer premium client service which rewards customers with advantages.
Many unprofessional brokers try to pressurise customers into larger financing for premium services. AvaTrade, though, is more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the more advantages will become available.
AvaTrade accounts are available around the world and provides excellent service everywhere they have clients. There are only a select few countries where AvaTrade accounts are not available. Traders in the following countries cannot open or use a AvaTrade account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is AvaTrade Safe To Trade With In 2023?
Founded in 2006, AvaTrade has been in operation for 17 years, they are headquarted in The British Virgin Islands
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI). These figures have rules that mandate that trading platforms have steps in place to keep investor's assets secured. This means that AvaTrade users do not need to be worried about their money since it's segregated and safely stored in banks that are established. SSL encryption secures every user's private information also.
You can make use of an option for Two Factor Authentications (2FA) with AvaTrade for increased security. An SMS with the verification code will be sent to your phone. You'll be asked to enter this code to log in to your account.
Another concern with online brokers with respect to safety may be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is much more widespread in the example of Market Maker agents who compete with customers on the stage.
AvaTrade Risk Disclaimer
79% of retail investor accounts lose money when trading CFDs with this provider
Pro's & Con's Of Trading With AvaTrade
Every online trading platform will have some pros and cons AvaTrade review would be complete without showing both sides. This AvaTrade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
AvaTrade Pro's
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
AvaTrade has been trading for 17 years.
AvaTrade offers customer support over the phone.
AvaTrade provides customer support over email.
AvaTrade gives access to customer support over livechat.
AvaTrade doesn't charge withdrawal fees.
AvaTrade doesn't charge inactivity fees.
AvaTrade has a wide range of trading instruments.
You can trade Cryptocurrencies with AvaTrade.
AvaTrade has over 100 employees.
AvaTrade offers social trading.
AvaTrade offers copy trading.
AvaTrade allows commodity trading.
You can trade metals with AvaTrade.
You can trade energies with AvaTrade.
AvaTrade Con's
AvaTrade is not highly rated by us. AvaTrade hasn't won any awards. AvaTrade doesn't offer guaranteed stop loss. AvaTrade doesn't offer negative balance protection. AvaTrade has a high minimum deposit requirement. AvaTrade doesn't allow scalping. AvaTrade doesn't allow hedging.Compare Brokers Similar To AvaTrade
Regulation And Licencing In More Detail
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
AvaTrade, as a business, has a powerful collection of rules for ensuring honest trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client information is never to be shared with some other institutions or individuals. Including credit history and other financial details.
AvaTrade Awards
At the time of writing this AvaTrade review, and despite AvaTrade’s impressive offering, the company has surprisingly not garnered any awards to date.AvaTrade Trading Platforms
AvaTrade are a trustworthy brokerage that has been operating for over 17 years. They offer a large range of options in their customer accounts.
In the following table we take the main parts of any good online broker and compare AvaTrade against freetrade, and easyMarkets.
AvaTrade MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with AvaTrade in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. AvaTrade MetaTrader 4 is compatible with the latest macOS. AvaTrade allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and AvaTrade
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With AvaTrade MetaTrader 4 On iOS Devices
You can download the AvaTrade app or also trade with AvaTrade through the MetaTrader 4 application on the Apple app store.
Download the AvaTrade MetaTrader 4 Program free of charge from Apple's App Store. AvaTrade customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With AvaTrade MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. AvaTrade provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 200,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android AvaTrade MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit that you must deposit to get started on AvaTrade is $250. This is a decent amount for those just beginning. You can create more advanced residue as you go along. But, ensure that you know how to make the most of your money before investing larger amounts.
Commission And Fees Explained
AvaTrade is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In such cases, you are spending a spread, financing rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people that are billed when you hold a leveraged position for longer than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They're billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, AvaTrade does not charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by AvaTrade are comparatively greater. As a result, you're charged more for non-trading actions on your trading account, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.
This AvaTrade review breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees Of AvaTrade
AvaTrade Withdrawal Fees Explained
AvaTrade doesn't charge withdrawal fees.Withdrawal of money is possible at any moment from the AvaTrade account. You can draw sums up to the amount of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't necessarily have to have any cash on your accounts.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Thus, if you used a credit card for deposits, the withdrawn cash will be sent to the cardAvaTrade will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you're opting to withdraw in.
AvaTrade Inactivity Fees Explained
AvaTrade doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges have been implied by AvaTrade, it's best that you close the account if you are inactive. Inactivity fees are not only charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is subjected to many conditions and should be disclosed clearly by the agent beforehand.
AvaTrade Deposit Fees Explained
When you transfer money into your trading account from your bank account, a deposit fee can be charged by the broker. Most brokers don't charge too much money for this particular operation.
AvaTrade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the AvaTrade trading platform is simple. You simply have to finish a single-user profile survey to start depositing money into your trading account. You'll need to give an identity evidence and evidence of residency to deposit substantial amounts.
Compare AvaTrade Vs Other Broker Deposit Methods
What Can You Trade With AvaTrade in 2023?
Note: AvaTrade offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can differ depending on the country of residence of the client.
AvaTrade has a wide variety of over 250 instruments available for you to trade with.
If trading forex pairs is of interest to you then AvaTrade offer over 80 currency pairs.
Compare AvaTrade, freetrade & easyMarkets below.
AvaTrade Trading App Review
Note: AvaTrade's mobile app has many functions and is being constantly improved. The below information was accurate at the time of writing this AvaTrade broker review.
Understand the capabilities of the mobile apps of AvaTrade, freetrade & easyMarkets below.
Trading Education Available At AvaTrade
Understand the trading resources available with AvaTrade, freetrade & easyMarkets below.
AvaTrade Customer Support
For our AvaTrade broker review we tested the customer service options as well as response times. on the AvaTrade trading platform problems solution effectiveness. AvaTrade provides support in a wide range of languages, including English, Italian, German, French, Greek, and Hebrew
AvaTrade Live Chat Support
We have tested the livechat experience with AvaTrade, and it was very effective. We have sent messages via AvaTrade livechat through their app and website and recieved a response in less than 20 seconds. There was sometimes no response.
We tried communicating with AvaTrade support in multiple languages and in various countries. AvaTrade were capable of resolving our customer concerns.
AvaTrade Phone Support
We called AvaTrade and the call was responded to very quickly. It was responded to in less than five to ten minutes.
The AvaTrade phone support team were able to successfully address our queries and problems via phone. We tried the multilingual AvaTrade team by calling them in various languages. AvaTrade made an effort to make sure that our questions were addressed.
Overall, the phone support from AvaTrade was good.
AvaTrade Email Support
We have sent numerous email to AvaTrade and answer times overall were outstanding. The fastest email response time from AvaTrade was 5 hours, while the longest response time was 3 days! Sometimes there were no responses. Support response times may vary for you with AvaTrade, however, we've had the experience of sending out 10 emails at various times.
The team solved and responded to our queries. Average email support from AvaTrade was satisfactory.
Alternatives To AvaTrade
If, after studying this AvaTrade review, they don't meet your needs check out these AvaTrade alternatives.
We've scoured the internet to find the best alternatives to AvaTrade. Click on the links below to find out more.
Frequently Asked Questions
Can I try AvaTrade before I buy?
Yes, you can most certainly try AvaTrade before you buy. AvaTrade provides demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register for a demonstration account with AvaTrade, you will set out with a decent amount of virtual money. It is to establish a sense of safety and confidence in you until you decide to invest your own money.
With a virtual AvaTradedemo account, you can experiment in any way, to whatever length you wish. You can also start positions, examine different trading approaches, and much more.
AvaTrade specifies on its official website how you are able to exchange real time stocks in a demo account.
Is AvaTrade safe?
It is possible to drop all of your worries because we believe that AvaTrade is perfectly safe to use. It's in compliance with all the rules of Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
Even so, AvaTrade doesn't have assured stop-loss protection.
Why does AvaTrade ask for my passport?
The reason that AvaTrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, AvaTrade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, AvaTrade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with AvaTrade?
The process to start trading with AvaTrade is super simple. You need to begin by signing up on the AvaTrade website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but AvaTrade are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with AvaTrade is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with AvaTrade.
The best way to kickstart your trading career with AvaTrade is to open a demo account facility before risking any real money
What funding methods do AvaTrade accept?
There are a number of ways to finance your accounts with AvaTrade. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must keep in mind that PayPal isn't available in every country. The currencies AvaTrade accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, even though it takes about 4-7 days.
Is my money safe with AvaTrade?
Yes, your money is safe and secure with AvaTrade. As you know, AvaTrade works with good conformation to regulations. It has established lots of measures to protect all its own investors.
AvaTrade protects its customers' private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further protect your account, it is possible to enable Two-Step Verification also. It requires an SMS affirmation that you access your account.
Is AvaTrade trading good?
Yes, trading through AvaTrade is a pleasant and decent experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. In addition, you could also obtain access to a vast collection of educational resources and assistive material to kickstart your trading experience.
If you are still skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries do AvaTrade support?
AvaTrade operates across the globe. However, due to regulations AvaTrade doesn't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is AvaTrade legit?
AvaTrade is a legit company headquarted in The British Virgin Islands since 2006. They are regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI). AvaTrade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is AvaTrade a good broker?
AvaTrade is an excellent broker, and its own users can vouch for it. The highlight of the platform is its fast order execution on trades.
You will discover the clean design of the platform along with the admirable features are pleasant to work with.
Is AvaTrade a trustworthy broker?
Yes, AvaTrade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 200,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for AvaTrade?
The minimum deposit to open a live account with AvaTrade is $250
How long do AvaTrade withdrawals take?
Normally, withdrawal of money from AvaTrade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from AvaTrade to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is AvaTrade regulated?
AvaTrade are regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Is AvaTrade a market leading broker?
AvaTrade is indisputably among the industry leaders. It has over 200,000+ registered customers and over 17 years of expertise on its own record. They are among the world's top trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and broad range of tools plus resources so that you can put money into capital markets.
Is AvaTrade a con?
No, AvaTrade is not a con. They are regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) and must adhere to their rules. Thus, it is safe to say that AvaTrade is not a scam.
Can you make money with AvaTrade?
Through AvaTrade, several traders earn a lot of money. But, just like all online brokers, it is important to note that traders can also lose money. In particular, 79% of retail investor accounts lose money when trading CFDs with this provider
This can look like a little number, but over the year, it quickly adds to a significant amount of gains. While AvaTrade supply you all of the tools to make money, they can't guarantee that you will profit.
Does AvaTrade have fees?
Yes. To start trading with AvaTrade, you need to deposit $250. Certain commissions while trading additionally applies. Any processing fees from your bank might need to be incurred by you.
When was AvaTrade founded?
AvaTrade was founded in 2006 in The British Virgin Islands. AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
How many people use AvaTrade?
AvaTrade is a worldwide recognised broker with 200,000+ clients.
Where is the AvaTrade head office?
AvaTrade has its head office in The British Virgin Islands
Does AvaTrade offer negative balance protection?
No. AvaTrade does not offer negative balance protection. If your balance is unfavorable, AvaTrade suggests that you promptly contact client services. With this, you can fix any imbalances in your account.
Does AvaTrade offer guaranteed stop loss?
AvaTrade, unfortunately, does not offer guaranteed stop loss. AvaTrade gives an opportunity to its traders to close their trade at their specified price. Apart from that, AvaTrade does not offer guaranteed stop loss.
Does AvaTrade allow scalping?
No, the stipulations of AvaTrade don't allow scalping. It's a trading technique which isn't allowed on the broker's platform. You have to consult with AvaTrade's terms and conditions to read more about its policies.
Does AvaTrade allow hedging?
No, unfortunately AvaTrade does not allow hedging.
Can you trade energies with AvaTrade?
Yes, you can trade energy stocks with AvaTrade
Can you trade agricultural shares with AvaTrade?
Yes, you can trade agricultural stocks with AvaTrade
Can you trade cryptocurrency with AvaTrade?
Yes, you can trade cryptocurrency with AvaTrade
Can you trade metals with AvaTrade?
Yes, you can trade metals with AvaTrade
Can you trade UK Shares with AvaTrade?
Yes, you can trade UK shares with AvaTrade
Can you trade US Shares with AvaTrade?
Yes, you can trade US shares with AvaTrade
Can you trade Japanese Shares with AvaTrade?
Yes, you can trade Japanese shares with AvaTrade
Can you trade German Shares with AvaTrade?
Yes, you can trade German shares with AvaTrade
Does AvaTrade accept bank transfers?
Yes, AvaTrade accepts bank transfers for depositing money.
Does AvaTrade accept credit cards?
Yes, AvaTrade accepts credit cards for depositing money.
Does AvaTrade accept PayPal?
Yes, AvaTrade accepts PayPal for depositing money.
Does AvaTrade accept Skrill?
No, AvaTrade does not accept Skrill.
Does AvaTrade accept Payoneer?
Yes, AvaTrade accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does AvaTrade accept Neteller?
Yes, AvaTrade accepts Neteller for depositing money.
Does AvaTrade offer Live Chat customer support?
Yes, AvaTrade offers customer support through live chat.
Does AvaTrade offer phone customer support?
Yes, AvaTrade offers customer support over the telephone.
Does AvaTrade offer email customer support?
Yes, AvaTrade offers customer support through email.
What languages can AvaTrade communicate in?
AvaTrade has the ability to communicate and support customers who speak: English, Italian, German, French, Greek, and Hebrew
Does AvaTrade have a wikipedia page?
No, AvaTrade does not have an official wikipedia page.
Does AvaTrade offer demo accounts?
Yes, AvaTrade offers demo accounts so you can test your trading strategies before risking any real capital. New traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account.
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