This guide explores AvaTrade’s trading fee structure for various account types, helping you to make informed decisions for a better trading experience.
AvaTrade broker review
Founded in 2006, AvaTrade is a well-regulated broker offering user-friendly platforms like AvaTrade WebTrader and AvaTradeGO (mobile app). Avatrade offers financial markets to traders who can trade 44 + forex options and over 1,200 CFDs.
They also provide AvaOptions for trade forex options and support social copy trading through AvaSocial, ZuluTrade, and DupliTrade.
Overview of AvaTrade fees and commissions
Trading costs, commissions, and fees can eat your profits, so choosing a broker with a transparent and competitive fee structure is vital. AvaTrade broker is suitable for all investors and they offer 3 trading account types, each catering to different trading needs.
| Feature | Explanation |
|---|---|
| Account currencies | USD, EUR, GBP, CAD, AUD |
| Account types | Retail AccountStandard AccountProfessional Account |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting |
| Deposits and withdrawals | WebMoney, Debit Card, Neteller, Skrill, Wire Transfer, FasaPay, MasterCard, Perfect Money, Swift, MoneyGram, Credit Card |
| Trading platforms | WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade |
| Minimum deposit | $100 |
| Annual administration fee | $100 charged after 1 year of inactivity |
| Bonus offer | 20% welcome bonus up to $10,000 |
| AvaTrade commission fees | $0 |
| Inactive fee | $50 after 3 months of inactivity |
| Professional account commissions | Reduced fees spread (from 0.6 pips), rollover fee applies |
| Withdrawal fee | $0 |
Avatrade financial assets
Trade a wide range of financial markets with AvaTrade CFD’s diverse asset selection:
- Commodities: Oil, gold, natural gas.
- Indices: Major indices like S&P 500, FTSE 100.
- ETFs: Track baskets of underlying assets.
- Stocks: Individual company stocks.
- Bonds: Access the bond market via CFDs.
- Cryptocurrency: Bitcoin, Ethereum, and more.
- Forex: Minor, Major, Exotic pairs, and Crypto crosses.
AvaTrade trading fees
AvaTrade broker includes the spread in their quoted prices, so you don’t pay extra. Buy or sell spread bid/ask spread is the difference between the price you pay to buy (ask price) and the price you receive when selling (bid price) an asset. It’s the broker’s profit for facilitating the trade.
AvaTrade fees
Depending on your trading activity, the following fees may apply to your trading account.
1. Overnight premium
In AvaTrade trading, the rollover time is 22:00 GMT. An overnight Premium is an interest fee charged if you hold a position overnight i.e., past a specific time, often referred to as the “rollover time”.
2. Inactivity fee
AvaTrade charges $50 as an inactivity fee if your account is inactive for 3 consecutive months. This fee applies to succeeding periods of inactivity.
- USD Account: $50
- EUR Account: €50
- GBP Account: £50
3. Administration fee
AvaTrade charges an annual administration fee of $100 for accounts inactive for 12 consecutive months.
- USD Account: $100
- EUR Account: €100
- GBP Account: £100
4. Currency conversion fee
It is applied to deposits and withdrawals made in currencies different from the account’s base currency. But the same currency for deposits/withdrawals and your account-based currency can help you avoid this fee.
Conclusion
Understanding AvaTrade commission fee structure is essential for improving your trading experience. AvaTrade offers transparent and competitive fees and user-friendly platforms and a diverse range of financial assets are suitable for all levels of traders.
Three account types and easy deposit withdrawal options provide flexibility and accessibility.
While fees like overnight premiums, inactivity fees, and administration fees are considerable. By these factors, traders can make informed decisions to enrich their trading experience with AvaTrade.
Pro Tip
Are you ready to start trading with a clear fee structure? Open an AvaTrade account today and experience commission-free trading with competitive spreads with the help of our trusted forex broker review.
Frequently asked questions
1. Which country is AvaTrade?
Dublin, Ireland.
2. Is my money safe with AvaTrade?
AvaTrade is providing Web Trust compliant, as certified by the American Institute of Certified Public Accountants. They use McAfee Secure (Hacker Safe) to prevent credit card fraud and identity theft. Additionally, all client funds are kept segregated from AvaTrade’s business funds.
3. Does AvaTrade charge commissions?
AvaTrade does not charge any commissions on trades.
4. Can I deposit $10 on AvaTrade?
No, AvaTrade minimum deposit is $100.
5. How much does AvaTrade charge per trade?
AvaTrade does not charge commissions on any trade. All instruments are traded on margin, allowing you to leverage your positions. The margin amounts for exchange-traded funds (ETFs) are displayed as a percentage (%).
