How serious is AvaTrade? – Broker review and test

Review:Regulation:Spreads:Assets:Min. Deposit:
4.8 out of 5 stars (4.8 / 5)6 different Regulations0.8 Pips1,250+ 100$

If you are looking for a real experience with AvaTrade, then you have come to the right place. In the following sections, we will give you a detailed overview of the online broker and share our test results with you. Is it a scam or not? Learn more about the trading conditions, the company as well as deposits and withdrawals. Is it really worth investing your money there? – Find it out now.

The official homepage of AvaTrade

Regulation and safety for customers
0%
Customer support and service
0%
Conditions for traders
0%

What is AvaTrade? – The company presented

AvaTrade is an international provider for trading forex (currencies), CFDs (difference contracts) and options. The company was founded in Ireland in 2006 and has since received a number of awards. AvaTrade has several branches on every continent. The company is also regulated internationally on a number of occasions. Also, the broker is a sponsor of Manchester City which shows me seriousness.

The companies branches are in Europe (Ireland), the British Virgin Islands, Australia, South Africa, Japan, and Abu Dhabi. depending on your wishes you can choose the regulator your want. That brings the advantage that you can receive high leverage up to 1:400 even as Europe based client if you choose a regulator outside Europe.

Customer service and fairness are AvaTrade’s top priorities. You can trade a wide variety of assets with a small capital at low fees. The capital is kept on separate accounts. The broker scores with a good complete package for beginners as well as for advanced.

Facts about AvaTrade:

  • Founded in 2006
  • Sponsor of Manchester City
  • International branches and regulators
  • Customer support in different languages
  • Multiple awards since 2008

Also, watch our full review video about AvaTrade:

(Risk Warning: 74% – 89% of private investor accounts lose when trading CFDs)

Is AvaTrade regulated? – Different regulation authorities:

Good online investments require regulation and safety for customers. Nowadays on the internet, you will find scam companies that are unregulated. Before you invest your money you should look after the official regulation of the broker. Most online brokers show their licenses directly on the main homepage. In the case of a regulated forex broker, fraud cannot happen. Otherwise, the company would lose the license.

AvaTrade is an international company and is more than 6 times regulated. The company got global offices and branches. AvaTrade seems to us like a very serious online broker, because of the regulation and the sponsorship of Manchester City. Your money and account should be safe.

International regulation of AvaTrade

The company is regulated by:

Is there negative balance protection?

No matter which regulator you will choose, your account is protected by negative balance protection. Forex and CFD are trading with leveraged financial products. The broker will automatically stop you out by a margin limit. Your account balance will not become negative. 

Safety of customer funds

AvaTrade works with segregated customer funds. That means the broker uses multiple banks and does not use the client’s money for hedging or investing. Deposits and withdrawals are guaranteed very fast. If you choose the European regulator “Central Bank of Ireland” you will get an ICCL Investor Compensation Company Ltd. with a more than 20,000€ money guarantee.

Note:

AvaTrade guarantee safe customer fund and negative balance protection

Review of the AvaTrade trading conditions

A total of more than 1,250+ different assets and markets are offered for trading. The online also offers various account models. Choose between a fixed spread account or a variable spread account. Live account opening is possible from as little as $ 100 and you can also create a free demo account. This will expire after 21 days but you can open a new one after.

Trade forex, stocks, commodities, cryptocurrencies, and other CFDs from a spread of 0.8 and high leverage up to 1:400. AvaTrade’s trading conditions are very competitive with other providers. Position sizes start from 0.01 lot in Metatrader 4/5. Also, other trading platforms are available than Metatrader 4/5 like the AvaTrade Option platform (AvaOptions), mobile app, and social trading platform.

My tip is to choose a variable spread account because that’s the way you come from my experience in most cases cheaper way. Spreads can only fluctuate to strong news or high volatility. In these scenarios, we advise only advanced traders to trade anyway.

The conditions of AvaTrade:

  • More than 1.250 different markets
  • Trade forex, stocks, commodities, cryptocurrencies, and options
  • A minimum deposit of $ 100
  • Free demo account for practice
  • Maximum leverage of 1:400
  • Competitive spreads (variable and fixed)
  • Platforms: MetaTrader 4/5, AvaOptions, Mobile App, AvaSocial, WebTrader

Trade cryptocurrencies 24/7

AvaTrade is one of the best brokers for cryptocurrencies. You can trade more than 10 different crypto assets on the platform with leverage. Invest in rising or falling markets. AvaTrade has several advantages over normal crypto exchanges.

With AvaTrade it is easy to invest in cryptocurrencies

AvaTrade Cryptocurrencies:

  • Trade cryptocurrencies with leverage
  • Regulated trading
  • Fast execution of trades
  • No commissions
  • Low spreads
  • Invest in falling markets

Forex trading

Forex trading is very popular among retail traders. You can trade more than 45 currency pairs with low spreads. There are no added commissions. AvaTrade is working with an additional spread added to the real market spread. That is how the broker is earning money. The leverage can be up to 1:400 and the spreads are starting from 0.8 pips. You can trade major, minor, and exotic currency pairs.

Stocks, indices, and ETFs

AvaTrade has a huge variety of stocks, indices, and ETFs to trade. There are more than 1,000 markets of it. Trade international shares from different stock exchanges via CFD (Contract For Difference) with a leverage up to 1:5. The spread is starting from 0.13%. With CFDs, you can also do short trades on stocks and ETFs.

Trade more than 20 different stock indices from all over the world. There are US, European, Asian, and African stock indices available. Stock indices include the strongest stocks of one country. The indices can be very volatile and have huge liquidity. The spread is starting from lower than 1.0 points.

Commodities

Invest in oil, silver, gold, platinum, and more commodities. AvaTrade offers to trade the futures contracts or the cash market via CFD. For example, the spread is starting from 0.03 points in oil. The variety is quite large, exotic commodities like orange juice are available with the MetaTrader 5. The leverage is depending on the regulation you choose.

(Risk Warning: 74% – 89% of private investor accounts lose when trading CFDs)

Test of the AvaTrade trading platforms

AvaTrade offers 4 different platforms for trading. In the following section, we will show you the facts about these platforms and how to use them. The well-known Metatrader 4/5 is made for trading forex and CFDs. If you want to trade options you have to use the platform AvaOptions. Also, there is a platform for Social Trading (AvaSocial) and one platform for mobile trading (AvaTradeGO).

The following platforms are available:

The broker offers anything you need for trading successfully on the markets. From ourexperience, these platforms are reliable for professional trading. In the following, we will tell you the benefits of MetaTrader 4/5 and the other platforms.

MetaTrader 4/5

Metatrader 4 platform

AvaTrade offers both versions of the MetaTrader. You can download and install the MetaTrader 4/5 after you created your trading account. The MetaTrader is offered by 80% of all online brokers. It is a very popular trading platform because it has all the functions you need for professional trading.

The MetaTrader is available for desktop, mobile devices, and web browsers. At the first look, the MetaTrader can be difficult to use but the AvaTrader support will help you with that. We recommend using the free demo account first to practice trading. The MetaTrader offers a lot of tools for analysis and trading. If you want more tools you can add them to the software or buy them via an integrated market. Use indicators, drawing tools, or multi-charting for technical analysis.

Furthermore, this software supports automated trading. Every trading strategy is allowed with AvaTrade. Another advantage is that you can receive trading signals from professionals. The MetaTrader is clearly one of the best trading platforms. We recommend using version 5 because it has more functions and is more user-friendly.

Facts about Metatrader 4/5:

  • Available for any device
  • One login for your devices
  • Automatic trading and robots are supported
  • Free and customizable indicators
  • Technical drawing tools for Technical Analysis
  • The user-friendly platform for traders

AvaOptions platform for high-profit options

FX Options is a popular financial product to earn a high profit in a short time horizon. In addition, you can trade long-term trades. AvaTrade offers its own platform for FX Options which is also available for any device.

More than 40 currency pairs are tradeable on the platform to create an optimal portfolio. In order to hedge your forex positions, you can use the options directly to manage the risk. The platform gives you all the tools to control the risk. FX Options are very popular in open trades at a certain time horizon.

AvaOptions platform to manage risk

You can use the platform via your desktop computer or mobile device. The software offers to have flexible control over all orders you chose. Trade calls and puts via popular trading strategies.

AvaOptions platform

AvaOptions platform

Facts about the AvaOptions platform: 

  • Automatic risk and reward display
  • Volatility curves to find the best options
  • Use FX Options to hedge your CFD portfolio
  • Transparent price and strikes
  • Professional risk management tools

AvaTradeGo App – Mobile Trading is very popular

Nowadays mobile trading is important for any trader to react to the news or special events. More people use their mobile phones for trading. AvaTrade offers mobile versions for their trading platforms and a special mobile app for trading (AvaTradeGo). For example, the MetaTrader 4 and AvaOptions are available for any device. In addition, you need only one trading account to log in on any device.

AvaTradeGo mobile app

AvaTradeGo mobile app

Another advantage of the CFD broker AvaTrade is the self-developed App “AvaTradeGo”. It is especially available for customers of the broker. From our experience, it is easier to understand trading with this app. Besides you can manage multiple accounts with it. In conclusion, AvaTrade offers any platform in which a trader needs to invest successfully in the financial markets.

The advantages of mobile trading with AvaTrade: 

  • Each platform is available as an app
  • Manage different accounts with the app AvaTradeGo
  • The platforms are available for any device
  • Manage your portfolio 24/7 with your mobile phone
  • Reliable platforms without lags and connection aborts

AvaSocial app – Copy other traders

AvaSocial platform

AvaSocial platform

In 2020 AvaTrade invented a new app called “AvaSocial”. It is their own platform for social trading. That means you can connect your trading account with other traders and copy them. There is also the function to get copied and earn additional commissions.

On this app, there are a lot of experienced traders who share their ideas and trades. As a beginner, you can learn from them for free. The social trading app is very user-friendly and easy to use. But the platform is only available for mobile devices at the moment. Get-real trading signals directly on your phone and start trading.

  • Copy other experienced traders
  • Learn from other traders
  • Get copied by other traders
  • User-friendly interface

How to open your account?

Traders can open their trading account within seconds. It is no rocket science to open an account with AvaTrade. Just sign in with your email and personal data. We recommend using your real personal date otherwise the forex broker will not allow you to trade with real money.

AvaTrade requires some additional information about the customers but this depends on the regulator. For example, traders who want to trade with European regulation have to upload ID/Passport and a utility bill to confirm their identity. From my experience, AvaTrade verifies the account in less than 24 hours.

Free and unlimited AvaTrade demo account

Personally, we recommend starting with a free demo account on AvaTrade. This is an account with virtual money which simulates the trading with real money. Traders can practice on the platform to learn more about the financial markets. Also, advanced traders can try new markets to trade or new strategies.

Register your free account

(Risk Warning: 74% – 89% of private investor accounts lose when trading CFDs)

How to do your first deposit

The deposit of money is very simple with AvaTrade. There are different payment methods available but I have to mention that the payment methods always depending on your country of residence. The minimum deposit is only 100$. There are no fees for your deposit.

These payment methods are available (depending on your country):

  • Bankwire
  • Credit Cards (Visa, Master)
  • Neteller
  • Skrill
  • E-Wallets

It can happen that AvaTrade offers more methods depending on the regulator and country.

Review of the withdrawal with AvaTrade

As a regulated online broker, withdrawals with AvaTrade are made very quickly. The withdrawal takes a maximum of 3 days. There are no hidden fees. Sometimes there is a fee depending on your payment method. You will see it clearly in your account dashboard. AvaTrade charges no fees for the withdrawal. Also, the broker uses well-known banks for transactions.

AvaTrade uses well-known banks

Which fees and costs can occur for traders?

Some brokers got hidden fees, not so with AvaTrade. The broker communicates clearly the fees which can occur for traders. AvaTrade only finances itself only through the market spread. Traders can choose between variable or fixed spreads.

Another fee that can occur is the inactivity fee. This fee is only charged after 6-month inactivity. The amount is 25$ for the inactivity. In conclusion, the fees of AvaTrade are very low. They are transparently communicated to the trader. All trading fees can be seen in the trading platforms.

Fees of AvaTrade:

  • AvaTrade finance itself only through the spread
  • Inactivity fee after 6 months (25$)
  • No hidden fees

My review of the support and service for traders

The last point we have to check in this review is the support and service for traders. It is important to get reliable support for financial investments. AvaTrade offers 24-hour support in more than 15 different languages. The support is available by phone, chat, or email. From my experience, they are working very fast and give professional answers to your questions.

Facts about the support:

  • 24-hour support
  • Phone support
  • Chat support
  • Email support
  • More than 15 languages

In addition, there is a big faq and tutorial section on the website where you can get direct information about the company and trading. AvaTrade wants traders to succeed which you can clearly see on the service for traders.

Professional education for traders

The company offers more than a simple education center. There are daily webinars for the actual market situations and professional analysis with good trading ideas. Furthermore, AvaTrade got professionally educated employees which can help you to understand and trade the financial markets successfully.

Facts about the service:

  • FAQ center
  • Education center
  • Strategies and video tutorials
  • Webinars and daily analysis of markets with trading ideas
  • Account managers with 1 to 1 support

The conclusion of our AvaTrade review: Recommend online broker

Finding a reliable online broker is sometimes difficult. Especially for beginners, the selection of companies is huge. With AvaTrade you will get a good partner for your financial investments. From our experience, the company gives one of the best trade offers and conditions to its clients.

Start trading with leverage products in more than 1,250 different markets. The range of markets starts from forex to cryptocurrencies. Also, stocks are available to trade. It is easy to open short positions in stocks via CFDs (Contract For Difference) with AvaTrade. We recommend trying it first with the free demo account.

The minimum deposit of this broker is only $ 100. So AvaTrade accepts any account sizes. After all, traders get a good education with this broker. The support is available in more than 15 languages. Clearly, we can say AvaTrade wants its traders to succeed. In conclusion, we can recommend this company.

AvaTrader is a trusted online broker (stamp)

The advantages of AvaTrade:

  • More than 6 regulators
  • High security of customer funds
  • No hidden fees
  • Free demo account
  • Minimum deposit only $ 100
  • More than 1,250 different markets available to trade
  • MetaTrader 4 and 5 platform
  • Options trading
  • Social trading
  • Fast execution and competitive spreads
  • Reliable support for traders

AvaTrade provides competitive spreads and one of the best education for traders. We can recommend its service.  4.7 out of 5 stars (4.7 / 5)

(Risk Warning: 74% – 89% of private investor accounts lose when trading CFDs)