Verdict

/ 5

AVATrade review

By azeshan

Updated on Oct 30, 2024

12 mins read

7 customer reviews

Overview

AVAtrade was founded in 2006 with the main aim of providing Forex traders with an excellent environment to conduct their trades effectively. This has been a crucial factor...

See full overview for AVATrade

AVAtrade was founded in 2006 with the main aim of providing Forex traders with an excellent environment to conduct their trades effectively. This has been a crucial factor in its recent growth in the last decade of existence, which is characterized by very exponential growth.

Trading Accounts

In order for a customer to execute trades, he or she must sign up for an account that gives you the opportunity to trade without difficulty. In order to offer products that meet customers’ needs, AVAtrade offers three account types for customers to choose from. These accounts include demo account, real account and Islamic account.

The Demo Account

As the name suggests, this is an account type designed to offer demos to customers. The Demo Account is suitable for customers with little or no experience in forex trading and is also new to the trading concept. With this account, a trader can learn the basics of forex trading and how to execute a trade. Virtual funds are made available to him, which act as an alternative to the real funds and are able to trade without the chance of loss. This account is limited and you can only use it for 21 days.

The AVAtrade Real Account

The Real Account is an account intended for those who are experienced in trading. This is the basic account type on the AVAtrade platform, suitable for both beginners and experienced traders. Features of this account type include:

Over 250 trading instruments to trade including indices, commodities, stocks and shares.
Offer for competitive spreads.
Features a range of automated platforms and EA compatibility.
Compatibility with a range of devices and operating systems such as Windows, mobile devices and also Mac operating systems.
Leveraged trading up to 30:1 on various CFDs.

The Islamic Account

The Islamic Account is an account created to meet the needs of its customers of the Islamic faith. This account operates in accordance with Sharia law, which prohibits some financial transactions, especially those of interest. Cryptocurrency trading is also not available for this account.

Regulation

AVAtrade has proven to be a force to be reckoned with in Forex trading over the last decade. The good performance is thanks to the large customer base that it has achieved in recent years and comes from all over the world. AVAtrade offers the best trading conditions across a wide range of trading instruments, advanced technology that helps improve the trading experience, and a dedicated workforce that strives to ensure the satisfaction of all customers.

AVAtrade’s credibility is clear and reflected in its licensing by statutory regulators in all countries in which it operates. The licenses AVAtrade offers include:

Licensed as a compliant company with the Markets in Financial Instruments Directive (MiFID) in the European Union.
AVA Trade EU Ltd. is regulated by the Central Bank of Ireland (No.C53877).
Ava Trade Markets Ltd is regulated by the British Virgin Island Financial Services Commission.
Ava Capital Markets Australia Pty Ltd is regulated by ASIC (No.406684).
Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA No.45984).
Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (License No.: and the Financial Futures Association of Japan (License No.: 1574).
AVA Trade Middle East Ltd is regulated by the Financial Services Regulatory Authority Abu Dhabi Global Market(No.190018).
DT Direct Investment Hub Ltd. is regulated by the Cyprus Securities and Exchange Commission (No. 347/17).
ATrade Ltd is regulated in Israel by the Israeli Securities and Exchange Commission (No. 514666577).

Security of customer funds

In order to comply with the regulations established by this supervisory authority, in particular regarding the security of customer funds, AVAtrade has adopted various measures to secure these funds. The numerous measures include:

- Investor protection (up to 1 million euros): AVAtrade offers investor protection that protects customer funds up to a certain amount to ensure that they are protected in the event of the company’s financial difficulties.

Insurance (Money Back on Losing Positions): Customers can benefit from insurance that covers certain loss positions. This provides additional security and protects customers from financial loss in certain situations.

Features 256-bit SSL encryption sitewide to deter hackers.
Ava uses high-tech software that keeps fraudsters away from credit and debit cards.
Uses segregated accounts to prevent customers’ funds from commingling with the company’s operating resources.
Uses an embedded seal of authenticity.

TRADE TERMS

Spreads

All spreads are above markets and fx pairs have pips of 0.0001.

Commissions

No commissions will be charged.

Minimum Deposit

The minimum deposit is $100 and serves as base capital for trading and as a shield in case the trade fails.

Trading Platforms

AVAtrade uses the best and most advanced trading platforms that allow you to execute your trades efficiently. Trading platforms are MetaTrader 4 platform, automated trading platform, mobile platform and web trading platform.

The trading platform of Metatrader 4

This is one of the most powerful and advanced trading platforms that allows you to trade perfectly. Their unique features are:

A flexible and fast trading platform.
Receives trading signals from top providers.
Easy accessibility.
The Guardian Angel feature gives you the best trading feedback.
Excellent analytical skills.

The automated trading platform

Automated trading platform is a platform that allows a trader to copy or mirror the trading strategies of other traders.

The mobile trading platform

The Mobile Trading Platform is a downloadable application for your mobile device that allows you to trade via your mobile device.

The web trading platform

The web trading platform is a platform that you can access via your browser to execute your trades.

ZuluTrade

An innovative social trading platform that allows traders to track and automatically copy the trading activities of experienced traders. ZuluTrade offers a variety of trading strategies and allows users to create their own trading portfolios based on the strategies of top traders. The platform offers a user-friendly interface and a variety of tools for analyzing and managing trades.

Promotions

A cash back bonus for newly registered account holders.

Deposits and Withdrawals

Deposits and withdrawals are easy to make and correspond to a variety of channels such as bank transfer, debit and credit cards.

Awards

AVAtrade was honored for its outstanding achievements and innovations in the financial industry with the following awards:

Best Mobile Trading Platform Spain 2023: Awarded by Finance Derivative for excellence in mobile trading technologies.

Best Affiliate Program UAE 2023: Awarded by Global Business Magazine for an outstanding affiliate program that promotes excellence and innovation.

Best Education Broker UK 2023: Recognized by Global Business Magazine for AVAtrade’s commitment to financial education and training.

Most Trusted Broker 2023: Recognized by International Investor for the trust and reliability that AVAtrade provides to its customers.

Top 10 Hot Brand of 2023: Recognized by CEO Views for AVAtrade’s strong brand presence and brand engagement.

Most Trusted Trading Platform Latin America 2023: Awarded by Daytrading for the trust and reliability that AVAtrade offers to traders in Latin America.

Most Reliable Trading Platform UK 2023: Recognized by World Business Stars Magazine for the reliability and stability of AVAtrade’s trading platform.

Most Reliable Trading Platform Latin America 2023: Recognized by World Economic Magazine for the reliability and security of AVAtrade’s trading platform in Latin America.

Best Affiliate Program 2023: Recognized by the Jordan Financial Innovation Awards for an outstanding affiliate program that promotes excellence and innovation.

Best Online Trading Platform UAE 2023: Awarded by Global Brands Magazine for the quality and ease of use of AVAtrade’s online trading platform in the UAE.

Most Innovative Broker 2023: Recognized by FX Scouts for continuous innovation and commitment to advancing the trading industry.

BRIEFLY ABOUT AVATRADE

One look at the AVAtrade customer comments and reviews will show you how lucrative this trader is and it is not far from the truth. AVAtrade is a very credible trader that offers you the best trading condition you could wish for.

Countries

+219

Minimum deposit

$100

Withdrawal fee

Deposit fee

Max insured

€20,000

Our Verdict

3.7

/ 5

See our process of evaluating brokers

Commissions & Fees

3.2

/ 5

Deposit & Withdrawal

3.8

/ 5

Customer Support

3.8

/ 5

Account Opening

3.7

/ 5

Regulation & Safety

4.2

/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

See the entire process here.

Pros

Regulated jurisdictions & global corporate presence
Selection of trading platforms
Automated Trading Platforms
Risk Protection Management
Reviews & Customer Satisfaction

Cons

Not FCA regulated High inactivity fees

General details

Type of accounts

Standard Accounts

Trading platforms

Execution Model

Deposit currency

EUR

GBP

USD

AUD

NZD

CAD

CHF

Regulatory complience

CySEC

ASIC

FSA (SV)

Deposit payment systems

Withdrawal payment systems

Support Languges

English

Arabic

Hungarian

Spanish

Italian

Chinese

Korean

Dutch

Polish

Portuguese

Russian

Autotrading

AvaSocial AvaTradeGO DupliTrade Zulutrade MQL.5 Signals MT4 EA MT5 EA

Contact details

+12129419609

Customer reviews

Read real reviews from traders all over the world:

Machet

17 December 2021

Advantages: Easy account opening

Disadvantages: Fishy spreads, buggy platforms

The real spread is not what they show in their platform. Sometimes they show you fake prices with low spread. I discovered this in BTCUSD trading. The buy price was higher than the price visible in the Tradingview platform and the sell price was lower. So the actual spread was two times what they show you.

Danny Peek

9 February 2021

Advantages: none

Disadvantages: Bad management

I finally reclaimed my funds when I involved globalreclaimai from their website and they presented a case before Avatrade that helped get all my funds back but they have good spreads on their platform

See all 7 customers reviews

Accounts

Type of Trading Accounts on AVATrade

AVATrade offers various trading accounts to cater to the needs of different types of traders, from beginners to experienced professionals.

Standard Account: The Standard account is designed for beginner traders in the Forex and CFD markets. The minimum deposit requirement for a Standard account is $100. It offers variable spreads and leverages up to 1:400. The account also provides access to various trading instruments, including Forex, stocks, indices, commodities, cryptocurrencies, bonds, and ETFs.
Retail Account: The Retail account is designed for traders with more Forex and CFD market experience. The minimum deposit requirement for a Retail account is $1,000, which offers variable spreads and leverages up to 1:30. The account also provides access to a wider range of trading instruments, including Forex, stocks, indices, commodities, cryptocurrencies, bonds, and ETFs.
Professional Account: The Professional account is designed for experienced traders who meet specific criteria, such as having a certain level of trading experience, financial knowledge, and trading volume. The account provides access to various trading instruments, including Forex, stocks, indices, commodities, cryptocurrencies, bonds, and ETFs. The account also offers lower spreads and higher leverage, up to 1:400, depending on the instrument traded.
Demo Account: AVATrade also offers a demo account for beginners who want to practice their trading strategies and test the trading platforms without risking their capital. The demo account provides access to various trading instruments and allows traders to trade with virtual funds.

Trading Denominations on AVATrade

AVATrade allows traders to deposit and trade in currencies, including USD, EUR, GBP, and AUD.

Company Structure

AVATrade was founded in 2006 to provide a reliable and user-friendly trading environment for Forex traders. Since its inception, the company has experienced exponential growth and expanded its services to cater to traders of all levels. Today, AVATrade has thousands of registered customers globally and executes over two million monthly trades, with total trading volumes surpassing $70 billion.

The AVATrade Forex Broker is a multinational company with regional offices and sales centers in Paris, Dublin, Milan, Tokyo, and Sydney. AVATrade’s global presence enables it to provide localized support to its clients, making it easier for traders to get assistance in their preferred language and time zone. The company’s administrative headquarters are located in Dublin, Ireland.

The company has won over 30 reputable industry awards since 2009, including Best Forex Broker, Best Trading Experience, and Best Customer Service awards. These awards are a testament to AVATrade’s commitment to providing its clients with high-quality services and a positive trading experience.

AvaTrader - AVATrade

Scalping

Hedging

Trading with expert advisers

Trading 24 hours a day

Trailing stop

Trading Platforms

AVA TRADER

Deposit currency

USD

EUR

Trading instruments

Forex

1:200

Number of currency pairs: 7

AUD

CAD

CHF

EUR

GBP

NZD

USD

CFD's

1:200

Amount of assets: 200

Promotions

Indices

Products

Metals

1:200

Silver

Energy Source

1:200

Oil

Gas

Cryptocurrencies

Stop Out

10 %

Minimum position size

0.01 units

Execution type

market

Spread type

Floating

Decimal places

Margin Call

10 %

Other

Swap free

VIP account

Phone trading

Scalping

Hedging

Spread type

Trading with expert

Trading 24 hours a day

Trailing stop

Interest on free balance

Mailing the documents

Standard MT4 - AVATrade

Scalping

Hedging

Trading with expert advisers

Trading 24 hours a day

Trailing stop

Trading Platforms

METATRADER 4 Meta Trader 4 Mobile

Deposit currency

USD

Trading instruments

Forex

1:400

Number of currency pairs: 7

AUD

CAD

CHF

EUR

GBP

NZD

USD

CFD's

1:200

Amount of assets: 200

Promotions

Futures

Indices

Products

Metals

1:200

Gold

Silver

Energy Source

1:200

Oil

Gas

Cryptocurrencies

Stop Out

10 %

Execution type

market

Spread type

Floating

Decimal places

Margin Call

10 %

Other

Swap free

VIP account

Phone trading

Scalping

Hedging

Spread type

Trading with expert

Trading 24 hours a day

Trailing stop

Interest on free balance

Mailing the documents

Tradable instruments

Tradable instruments on AVATrade trading platforms include:

Currencies

Stocks

Indices

Commodities

Cryptocurrencies

Frequently asked questions

Find the right answer to your question below.

Is AvaTrade safe to use?

AvaTrade is a highly regulated broker providing extensive customer support. This includes negative account balance, segregated funds, and encryption. Having been founded in 2006, AvaTrader has a long history with great reviews and comments from industry experts.

What trading platforms does AvaTrade offer?

AvaTrade offers several trading platforms. It offers MetaTrader 4 & 5. These are industry-standard platforms which come with a range of charting tools and features. This broker also offers a Web Trader platform, which doesn’t require any downloads or installation. For trading on-the-go, AvaTradeGO is the proprietary app which is available on iOS and Android.

What are the minimum deposit requirements for AvaTrade?

AvaTrade has different minimum deposits depending on the type of account chosen. The Standard Account requires a $100 minimum deposit. However, the Retail Account requires a higher minimum of $1000, which is a considerable amount compared to many other brokers.

One of the main negative comments about AvaTrade concerns the lack of various accounts for experienced traders. The Retail Account is the prime choice for these types of traders and with a high minimum amount, it can be alienating for some.

Does AvaTrade offer a demo account?

AvaTrade offers a Demo Account which is ideal for beginners. This allows new users to practice their trading skills and strategies without the risk of using real money.

What customer support options does AvaTrade provide?

AvaTrade offers excellent customer support which is available through email, telephone, and live chat. Support is available 24/5 through several languages. Many users rate AvaTrade’s customer support responsiveness and quality very highly.

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AVATrade compared with alternative brokers

To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.

Overall verdict
Trading
Minimum deposit
Maximum leverage
Fees
Withdrawal fee
Deposit fee
Safety
Top-tier regulators
Investor protection

AVATrade

7 customer reviews

3.7

/ 5
3.8

/ 5
$100
1:400
3.2

/ 5
$0
$0
4.2

/ 5
ASIC, CBI
Yes
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RoboForex

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Free VPS hosting
24/7 instant money withdrawal
Specialized trading accounts

4.9

/ 5
5

/ 5
$10
1:2000
4.8

/ 5
1%
$0
4.9

/ 5
No
Yes
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34 customer reviews

Specialized trading accounts
Free VPS hosting
24/7 instant money withdrawal

4.5

/ 5
4.6

/ 5
$5
1:888
4.3

/ 5
$0
$0
4.7

/ 5
ASIC, FSC, CYSEC
Yes
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Exness

52 customer reviews

Specialized trading accounts
24/7 instant money withdrawal
Free VPS hosting

4.9

/ 5
4.9

/ 5
$10
1:2000
4.8

/ 5
$0
$0
4.6

/ 5
FCA, CYSEC
No
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ActivTrades

164 customer reviews

Specialized trading accounts

4.1

/ 5
4.2

/ 5
0$
1:400 (1:30 for EU)
3.9

/ 5
0$
0$
3.9

/ 5
FCA
Yes
See review

Choose brokers to compare AVATrade to

AVATrade review

Overview

Trading Accounts

The Demo Account

The AVAtrade Real Account

The Islamic Account

Regulation

Security of customer funds

TRADE TERMS

Spreads

Commissions

Minimum Deposit

Trading Platforms

The trading platform of Metatrader 4

The automated trading platform

The mobile trading platform

The web trading platform

ZuluTrade

Promotions

Deposits and Withdrawals

Awards

BRIEFLY ABOUT AVATRADE

Pros

Regulated jurisdictions & global corporate presence

Selection of trading platforms

Automated Trading Platforms

Risk Protection Management

Reviews & Customer Satisfaction

Cons

Not FCA regulated High inactivity fees

General details

Customer reviews

Accounts

Type of Trading Accounts on AVATrade

Trading Denominations on AVATrade

Company Structure

Tradable instruments

Frequently asked questions

AVATrade compared with alternative brokers