AVATrade Review

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AVATrade
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Overview

AVATrade is one of the famous Forex trading and it is a part of Ava Financial Ltd. The Broker was registered in 2006 with more than 150,000 traders in over 150 countries into the world. AVATrade has more than 1.5 billion trades each month and is one of top worldwide online brokers

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Details

Broker AVATrade
Website URL www.avatrade.com
Founded 2006
Headquarters Dublin, Ireland
Support Number 1 212 941 9609
Support Types customer@avafx.com
Languages English, French, German, Italian, Spanish, Arabic, Portuguese, Russian, Swedish, Turkish, Greek, Chinese, and Japanese
Trading Platform MetaTrader4, ActForex, Autotrader, Currensee, AVA mobile trader
Minimum 1st Deposit $100
Minimum Trade Amount 0.01 lots
Bonus Bonuses of up to $2,000 for first deposits
Leverage 1:400
Free Demo Account Yes
Regulated Yes
Regulation MiFID, ASiC, BVI
Deposit Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal, Neteller, WebMoney, Debit Cards
Withdrawal Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal, Neteller, WebMoney, Ava debit card
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 4.6

Screenshots

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AVATrade Background

Ava Capital Market Ltd. serves as a subsidiary of the Ava Financial Ltd. financial holding company. It is responsible for operating the AvaTrade platform. Given the broker’s HQs location that is in Dublin, Ireland, the company falls under the regulatory measures of Ireland’s Authorities (MIFID) and ASIC. The holding company’s HQs are located in the British Virgin Islands. AvaTrade was founded back in 2006.

Unique AvaTrade Trading Features

Among AvaTrade’s most salient features is the amazingly diverse and rich automated trading package that comes along with the necessary trading software. The broker offers trading APIs as well as advanced strategies that usually cost hundreds of dollars for the mere cost of trading forex – you are only required to fulfill payments for the trading spreads and don’t have any hidden additional costs regarding the advanced and professional auto-trading tools that will be provided to you.

The said automated-trading package features the Ava AutoTrader system which will enable algorithmic trading in its newest versions, the widely known ZuluTrade system and a number of various advanced APIs that make it possible for you to come up with your very own automation trading solutions. This feature comes off as a unique perk that is not available with any other company at the time of which this review was written.

Trading Software

The AvaTrade platform uses as basis the splendid and quite highly-regarded MetaTrader4, and offers numerous advanced features of the software that present you with a vast array of simple and user-friendly analytical options which you can fully customize to your liking. Additionally, you may also employ trading programs such as the ones of Mirror trader, Zulutrade and Currensee.

Deposits and Withdrawals

AvaTrade’s minimum initial deposit is USD 100. The maximum leverage level is 400:1 and you should always keep in regard the fact that the higher the leverage level the higher the risk. Additionally, to the immediate deposit possibility via popular credits cards, the brokers can also accept wire transfers as well as funding via the use of NeTeller, Paypal, WebMoney and Moneybookers. Thanks to the Ava Debit Card feature, customers can easily withdraw funds without having to fill in burdensome paperwork. The process may, however, take up to 5 days for the money to be registered into your bank account.

Beginner Support

AvaTrade explicitly states that the company has dedicated itself on creating a use-centered forex trading experience for all of its clients. Along with the vast number of options provided to the customer, mentioned in the above segments of this reviews, the flexibility displayed by the company regarding account funding, and the accommodative initial deposit requirements, the firm manages to distinguish itself by providing comprehensive support to beginners via its customer service department. The simple user-friendly interface, in pair with an expert support staff that is available 24/7 in a number of languages makes sure that all newcomer questions are given a swift and thorough answer in the shortest of times.

Safety

AvaTrade is proud of the fact that it is a subsidiary of a holding company that has a market capitalization level of roughly USD 17 billion. This comes as quite an uncommon trait when it comes to the forex world and it surely adds an interesting dose of credibility to the broker. Given its Irish registration, AvaTrade is subjected to oblige with extensive and quite stringent EU regulations regarding its financial activities. The company not only subscribes to the highest of standards in the industry when regarding basic data encryption and server security, but also employs a number of IT experts in order to remain fully relevant with all occurring information technology developments and thus apply all available advanced security enhancements as soon as possible.

Other Services

AvaTrade is also responsible for providing:

  • Mobile Trading
  • Analysis and signals: Market Reviews, Technical Analysis, Free FX Signals, economic Calendar and News to mobiles for deposits of over USD 1000
  • Training tools – Introductory free live webinars which are made available for all Forex newcomers. These webinars feature guided tutorials with provided real time updates of the market.

Conclusion

In comparison to the other brokers out there, AvaTrade seems to stand out in more than one aspect. If you are a trader who puts great emphasis on safety, this broker will be the perfect choice. Given AvaTrade’s amazingly vast array of automated trading solutions, it comes as a well-suited option for all advanced, sophisticated professionals that require a bit more of complexity and thoroughness than the typical beginner’s trading platform. The beginner, however, may also find this platform to be the perfect option given its user-friendly and accessible client support staff, along with the easy-to-comprehend interface and relatively small deposit amount required. To put it in more simple words: the broker has everything to offer to the ones just starting out in the market and to the ones who have already earned their stripes.

Additionally, you can simply register with the broker and open up a demo account of USD 100,000 and try it out to determine if it fits to your liking. Given as how no two brokers are exactly the same, you may find that some other platform better suits you and offers a smaller deposit requirement etc. but we believe that AvaTrade is one of the best options available on the market.

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