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Trading Critique

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Avatrade Review 2024: A Complete Analysis of Special Features, Fees & More

AvaTrade is a scam or legit? Traders worldwide know AvaTrade as a reliable brand that offers many trading platforms for forex and CFD investors. Its excellent educational resources have once again received a top rating for education and beginners in 2024.

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AvaTrade broker reviews

AvaTrader lets you master the markets with a live online trading account. Trade confidently with a regulated broker choose from platforms like MT4, MT5, WebTrader, and AvaTradeGO app, customized to your trading preferences.

Expand your investments by adding a variety of assets to your portfolio. Trade over 1,250 options including forex trading, stocks, commodities, indices, ETFs, and more for diverse trading tools, and opportunities conquer the market and start your trading journey with AvaTrade.

Feature Description

Minimum deposit

$100

Trading platforms

WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade

Instruments

CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting

Bonus offer

20% welcome bonus up to $10,000

Account currencies

USD, EUR, GBP, CAD, AUD

Inactive fee

$50 after 3 months of inactivity

Administration fee

$100 charged after 1 year of inactivity

Withdrawal fee

$0

Payment options

WebMoney, JCB Card, Debit Card, Neteller, Boleto, Skrill, Wire Transfer, FasaPay, MasterCard, Perfect Money, Swift, MoneyGram, Credit Card,

Why choose AvaTrade?

AvaTrade takes security seriously and has an extensive customer base of over 300,000 customers worldwide. The platform ensures stable trading, follows 7 rules, and has 16 locations and a team of 400+ employees.

Brokers offer additional security for investors. This includes negative balance protection and repayment to investors. Additionally, we keep customer funds separate from financial institutions for added protection.

This commitment to numerical security and investor protection underscores AvaTrade legit commitment to providing a safe and reliable trading experience.

Awards won by Ava Trade

Over 100 awards worldwide the AvaTrade has won in various financial and technological accomplishments.

awards

AvaTrade regulations

Regulators in the United Arab Emirates, EU, Japan, Australia, South Africa, and the British Virgin Islands have licensed AvaTrade as a regulated broker. AvaTrade regulated is an online trading platform, offering CFDs, FX Options, and more.

ava-trade---regulation

Here’s a quick summary of their key regulatory bodies across various regions.

Countries Regulatory Bodies Abbreviation

Europe

Central Bank of Ireland, CySEC

CBI, CySEC

Australia

Australian Securities & Investments Commission

ASIC

British Virgin Islands

British Virgin Islands Financial Services Commission

BVI FSC

Japan

Financial Services Agency, Financial Futures Association of Japan

FSA, FFAJ

South Africa

South African Financial Sector Conduct Authority

FSCA

Abu Dhabi

Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority

ADGM FRSA

Israel

Israel Securities Authority

ISA

AvaTrade in Canada

AvaTrade does not let you open Canadian registered accounts like TFSA or RESP. They offer different types of accounts, such as demo, retail, professional, spread betting, and standard accounts.

Secondary available account types are VIP account, crypto account, Islamic account, optional account, corporate account, partner account, MAM/PAMM account.

Is AvaTrade available in the UK?

Yes, AvaTrade UK has added differentiated betting, providing UK traders with a comprehensive and tax efficient trading experience. AvaTrade offers a variety of natural and copy trading platforms, including WebTrader, AvaTradeGO, MT4, MT5, AvaOptions, third-party trading platforms and AvaSocial.

AvaTrade instruments

Avatrade has a wide selection of financial instruments across various asset classes that you can add to your portfolio.

Financial Instruments

Forex – 55 pairs

ETFs and

Oil

Stocks

Options

CFDs

Commodities

Cryptocurrencies

Shares

Indices

Metals

Spread Betting

Bonds

FX Options

Indexes

AvaTrade CFDs

You can trade commodities, indices, ETFs, stocks, bonds, and cryptocurrency CFDs. Utilize powerful platforms such as MT4 / MT5/ WebTrader, AvaTradeGO, or automated trading platforms to trade CFDs. Leverage CFDs to increase your exposure to the market.

Avatrade Forex broker review

Avatrade Forex is one of the most popular financial instruments; you can choose more than 50 major, minor, and exotic currency pairs. These include popular pairs such as Euro, Pound, and Yen, as well as other cross currencies such as BTC/USD, ETH/USD, and more.

Commodities

Commodities are another important asset class for CFD traders. Avatrade offers CFD trading for several commodities, including agriculture, coffee, corn, energy, and metals.

Indices

Most major market indices from global exchanges can be traded as CFDs. This includes FTSE 100 options, NASDAQ 100 options, and Nikkei 225 options.

Stocks

AvaTrade is not as complete as other specialty stock brokers, but it does offer CFD trading for over 200 top stocks from exchanges worldwide. Popular stocks include Apple, Amazon, and Tesla.

Cryptocurrency trading

AvaTrade is regulated on five continents and offers a secure way to access the crypto markets. It has a wide range of digital currencies and cryptocurrency indexes such as Bitcoin, Ethereum, and Ripple. You get leverage of 1: 2 as well as competitive crypto spreads across the broker’s wide range of platforms.

Spread betting

AvaTrade continues to offer spread betting to UK traders via its MT5 platform, free of profit tax. There are no additional currency conversion fees for any asset and leverage is available up to 1: 30. You can also practice with a free demo account.

AvaTrade copy trading review

AvaTrade copy trading provides a user-friendly and accessible copy trading platform that welcomes both experienced and novice investors. AvaTrade makes copy trading accessible with low deposits and a user-friendly app. This can help you learn about trading and possibly earn money. Trade carefully!

AvaTrade trading platform

Different platforms for manual and automated trading on different devices. They ensure a seamless and enjoyable trading experience for all users. A variety of products, including cryptocurrencies, with analytical tools.

ava-trade---trading-platform

Web trader -user-friendly excellence

An award-winning platform with a user-friendly interface.

No downloads are required and its simplicity and efficiency make it popular with AvaTrade traders.

AvaTradeGO - trade on the go

Natural AvaTradeGO trading app to trade on the go. User-friendly interface, advanced features, and charts optimized for smartphones.

Metatrader 4 - strong and flexible

Mt4 AvaTrade is a well-known platform suitable for both beginners and advanced retail traders It supports automatic trading with expert advisor and offers various order types.

Metatrader 5 - cutting-edge features

AvaTrade mt5 is the next generation of his MetaTrader with advanced trading features Introducing advanced technical tools, multiple order types, and automated trading.

Ava options - strategic trading

Calls and puts express market views.

Maximize your profits by trading options with AvaTrade.

Mac trading - optimized for Mac users

MetaTrader 4 Mac version for seamless integration.

WebTrader is available in a browser-based experience.

Ava social - social trading innovation

AvaSocial sets a new standard in social trading technology.

Track and replicate top traders, gain insights, and explore trading strategies through our mobile app.

AvaTrade account types

Overview Retail Account Standard Account Professional Account

Experience level

Beginner & Experienced

Most Traders

Experienced & Qualified Traders

Regulation

FCA

Various (Ireland, BVI, ASIC, FSCA)

Ireland, ASIC, FSCA

Markets offered

200+ (Forex, Stocks, Indices, Commodities, ETFs)

1250+ (Forex, Commodities, Stocks, Crypto, Indices, FX Options, ETFs, Bonds)

1250+ (Same as Standard)

Commissions

Spread-based (from 0.9 pips), rollover fee applies

Spread-based (from 0.9 pips), rollover fee applies

Reduced spreads (from 0.6 pips), rollover fee applies

Platforms

MT4, MT5

MT4, MT5, AvaTrade WebTrader, AvaTradeGO, AvaSocial

MT4, MT5, AvaTrade WebTrader, AvaTradeGO, AvaSocial

Minimum trade size

£0.10 per point

1 micro lot

1 micro lot

Maximum leverage

Up to 1:30

Up to 1:30 (varies), up to 1:400 (BVI)

Up to 1:400

Minimum deposit

£100

£100

£100

Maximum position limits apply to cryptocurrency trading.

Check platform compatibility before downloading.

Retail account

Standard account

Professional account

Islamic account

Demo account AvaTrade

AvaTrade demo account offers a free demo account to help you improve your trading skills before risking real capital. Practice with AvaTrade real account virtual funds on popular platforms like AvaTrade demo MT4 and MT5, or easy-to-use WebTrader or AvaTradeGO mobile apps.

Test your strategies, analyze past trades, and gain confidence in your future trades. Registration is quick and easy. Open a free demo account today!

AvaTrade deposit

AvaTrade offers several ways to deposit funds into your trading account. Before depositing money, ensure that you are logged into your account and have selected the correct trading account.

ava-trade---deposit

AvaTrade minimum, withdrawal methods, and processing time

The AvaTrade minimum deposit is $100 it recommends between $1,000 and $2,000 for powerful trading.

Deposit Method Processing Time Deposit Currencies Minimum Deposit Maximum Deposit Withdrawal Option

Bank Wire

Up to 7 business days

AUD, USD, GBP, EUR, CHF, JPY, ZAR

$100

Unlimited

Yes

Credit/Debit Card

Instant 24/7

AUD, USD, GBP, EUR, CHF, JPY, ZAR

$100

Undisclosed

Yes

Skrill

Within 24 hours

USD, EUR

$100

Undisclosed

Yes

Neteller

Within 24 hours

USD, EUR

$100

Undisclosed

Yes

WebMoney

Within 24 hours

USD, EUR

$100

Undisclosed

Yes

AvaTrade withdrawal review

Here is a simplified version of the AvaTrade withdrawal process:

ava-trade---withdraw-methods

You can only use the deposits and withdrawals in the same method as AvaTrade to withdraw and deposit. Before submitting a withdrawal request, please ensure that all account requirements are met (sufficient margin, meeting promotional requirements, etc.).

AvaTrade fees & leverage

AvaTrade Commissions: No commission fees are charged on trades.

Spread Cost: Instead of commissions, they charge a spread on each trade. This spread is the difference between the bids and ask price of an asset.

Asset Class Spread Cost AvaTrade Margin AvaTrade Max Leverage

Forex

Starts at 0.9 pips

0.25%

Up to 1:400

Stocks

Starts at 0.13%

10%

Up to 1:10

ETFs

Starts at 0.13%

5%

Up to 1:20

Professional account: Active traders can qualify for a professional account, which offers low spreads starting from 0.6 pips and increasing AvaTrade leverage up to 1:400. However, qualifying for a professional trader account may involve additional requirements and risks.

Other assets: Other asset class fees may vary. Before trading, it is important to check the specific fees.

Feature Description

Account minimum

$100

Inactivity fee

$50 after 3 months of inactivity

Administration fee

$100 charged after 1 year of inactivity

Withdrawal fee

$0

AvaTrade customer service

Here’s a simpler version of customer service hours

ava-trade--contact

Conclusion

With consistent 24/5 customer support and holding licenses from reputable authorities like ASIC and CySEC, AvaTrade emerges as a heavily regulated and trustworthy choice. Day traders can save money with low costs and clear fees at AvaTrade. This makes AvaTrade a good option for those looking for simple and secure trading. You can trade with AvaTrade!

The broker makes it easy for users by offering many deposit methods without fees, like popular e-wallets. AvaTrade’s WebTrader is great for beginners, with tools for technical analysis and market research, perfect for day traders.

The unique risk management tool, AvaProtect, provides a safety net against losses of up to $1 million, easily activated within the platform. With support for automated trading through MetaTrader Expert Advisors, AvaSocial, and DupliTrade, traders have versatile options.

Pro Tip

Choose a broker like AvaTrade to ensure a trustworthy and reliable partnership for a secure and successful trading journey. With a diverse range of offerings in CFDs, forex, stocks, and cryptocurrencies, become knowledgeable about market trends and empower yourself to make well-informed decisions with our trusted forex broker.

Frequently Asked Questions

Certainly, it is a great option for beginners:  

2. Can I withdraw all my money on AvaTrade?

International anti-money laundering regulations necessitate that you only withdraw funds through the payment method you used to fund your account. It is important to emphasize that you must actively withdraw up to 100% of your deposit to your credit or debit card.

3. Does AvaTrade accept US clients?

No, AvaTrade is not regulated in the United States, so they cannot accept US customers. Also, they do not accept US funds.

4. In which country is AvaTrade available?

AvaTrade operates in over 150 countries and serves traders in regions such as Italy, Spain, Germany, Brazil, the United Arab Emirates, Sweden, Finland, South Africa, Australia, China, Russia, Poland, Hungary, and Chile. AvaTrade is not accessible in the United States.

5. Is AvaTrade legit?

AvaTrade is 100% legit. It is authorized and regulated by trusted organizations like the FCA in the UK, ASIC, CBI, and JFSA. A fake broker cannot get approval from these top regulators.

6. Which country is AvaTrade?

The main administrative offices of the company are located in Dublin, Ireland.

7. What is the lowest deposit on AvaTrade?

The lowest deposit on AvaTrade is $100.

8. Does AvaTrade charge an inactivity fee?

Yes, they charged $50 after 3 months of inactivity and charged an administration fee of $100 after 1 year of inactivity.

9. What is the margin rate on AvaTrade?

The margin rate on AvaTrade is 50%, which helps minimize the risk of excessive trading losses exceeding the total account balance; still, it does not eliminate the risk.

10. What type of broker is AvaTrade?

AvaTrade is a forex broker.

11. How long does AvaTrade withdrawal take?

The AvaTrade withdrawal process takes only 1-2 working days.

12. How to delete my AvaTrade account?

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