Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

AVATrade Review

1.72
15 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

AVATrade general information

Founded in: 2006 year
Headquarters:
Ireland
Offices in the country:
Australia, Germany, Italy, France, South Africa, Japan
Minimum Deposit: 100 $
Website: www.avatrade.com
Website languages:
English, Arab, Hungarian, Spanish, Italian, Chinese, Korean, Mongolian, Deutsch, Dutch, Polish, Portuguese, Finnish, French, Swede, Japanese
Execution model:
NDD
Deposit currency: USD, EUR
Support languages:
English, Arab, Hungarian, Irish, Spanish, Italian, Chinese, Korean, Deutsch, Polish, Portuguese, Russian
Regulated by:
ASIC (Australia) license №No.406684
CBI (Ireland) license №No.C53877
FSA (Japan) license №No.1662
FFAJ (Japan) license №No.1574
Mobile trading: iOS, Android
Types of offered accounts:
Demo accounts (with a time limit), Standard Accounts, Segregated accounts
Trust management: PAMM
Affiliate program: 1

AVATrade Forex broker description

Pros

  • Regulated by multiple financial authorities, ensuring the safety of client funds and providing a high level of transparency in their operations.

  • Offers a wide range of assets for trading, including Forex, stocks, indices, commodities, cryptocurrencies, bonds, and ETFs.

  • Provides multiple trading platforms, including the popular MetaTrader 4 and 5 platforms, AVATrader, and their proprietary mobile app, AvaTradeGO.

  • Provides a wide range of payment methods, including bank transfers, credit/debit cards, e-wallets, and other online payment systems.

  • Offers educational resources, including webinars, video tutorials, and trading guides, to help traders improve their skills and knowledge.

Cons

  • Variable spreads may widen during volatile market conditions, leading to higher trading costs for traders.

  • Charges swaps/rollovers for holding positions overnight, which can add to the trading costs.

  • Commission fees may apply for certain instruments, such as stocks and ETFs. Does not accept clients from the USA and Canada.


 


Unique Selling Points

1. Multiple Partnership Programs: AVATrade offers several types of partnerships, so you can choose the one that best suits your needs and goals. You can join as an Introducing Broker, Flexible White Label, Tied Agent, Online Manager, or Trading Academy partner. Each type of partnership has unique features and benefits, allowing you to tailor your approach to your specific audience. One of the biggest advantages of AVATrade's affiliate program is its regular and timely payments. As an AVATrade affiliate, you will also have your dedicated account manager to support you.

2. Informative Education Center: AvaTrade's education center offers a range of free educational resources, including basic tutorials and advanced strategies. You can access these resources from anywhere, any time, to learn at your own pace. The basic tutorials are a great place to start if you're new to trading. Conversely, if you're an experienced trader, you may want to check out the advanced strategies section. AvaTrade's education center also offers webinars and live trading sessions, a great way to learn from experienced traders and get real-time feedback on your trades.


Introduction

AvaTrade is an international CFD broker that has successfully established its presence since its inception in 2006, initially operating under the brand name AvaFX. With a significant client base, AvaTrade has emerged as a popular choice for investors seeking a platform to trade on. 

AvaTrade has made significant strides in expanding its reach across the globe. Operating as a regulated broker in seven countries, including Ireland, Australia, Japan, and several others, AvaTrade has positioned itself as a trusted partner for traders worldwide. The broker prides itself on offering a user-friendly platform that caters to both novice and experienced traders. 

This AVATrade Broker review will delve into the Broker's regulation, assets offered, trading platforms, customer support, and others. By the end, you will comprehensively understand AVATrade's services and offerings.


Supported Countries

AVATrade is a global Forex and CFD broker that accepts clients from various countries across the globe, subject to regulatory restrictions. 

AVATrade accepts clients from Austria‎ , Cyprus, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Australia, South Africa, Nigeria, Argentina‎, Brazil, Chile, Colombia, UAE, Mexico, Japan, Australia, South Africa, the United Arab Emirates, and the British Virgin Islands, among other countries. These regions represent some of the major trading hubs in the world, with a high demand for Forex and CFD trading services.

However, due to regulatory restrictions, AVATrade does not accept clients from some countries, including Belgium, Cuba, Iran, Syria, the United States, Canada, and New Zealand. The Broker complies with each country's regulations, ensuring that it operates within the legal frameworks of each jurisdiction.


Customer Service Rating

AVATrade rating on Trustpilot shows that the Broker has an "Excellent" rating on Trustpilot, with a 4.7 rating out of a possible 5, based on 7,737 reviews. This indicates that most customers who reviewed AVATrade on Trustpilot had a positive experience with the Broker's customer service.

Positive reviews praised AVATrade for its multiple regulations, providing excellent service, and ensuring clients are comfortable and satisfied with the platform. Negative reviews criticized the Broker for misappropriation of money from replenishment.


AVATrade Trading Platforms

AVATrade offers multiple trading platforms to cater to the needs of different types of traders.

  • WebTrader: AVATrade's Web Trader is a user-friendly trading platform that does not require downloads or installations. Traders can access the platform directly from their web browser, making it convenient for traders who prefer to trade from their desktop or laptop. The Web Trader platform offers advanced charting tools, technical analysis indicators, and automated trading capabilities.

  • MetaTrader4: MetaTrader 4 is a popular trading platform among Forex traders, known for its advanced charting tools, technical analysis indicators, and automated trading capabilities. AVATrade offers MetaTrader 4 to its clients, providing them access to a wide range of Forex currency pairs and other instruments.

  • MetaTrader5: MetaTrader 5 is the successor to MetaTrader 4, offering enhanced charting capabilities, advanced trading tools, and more features. AVATrade also offers MetaTrader 5 to its clients, providing them with access to a wider range of instruments, including stocks, indices, commodities, and cryptocurrencies.

  • Automated Trading: AVATrade's trading platforms support automated trading, which allows traders to use algorithmic trading strategies and expert advisors to execute trades automatically. This feature is available on MetaTrader 4 and 5 platforms and is suitable for traders who prefer automating their trading activities.

  • AvaTradeGO: AvaTradeGO is a proprietary mobile app developed by AVATrade, which allows traders to access their accounts, monitor their positions, and place trades while on the go. The app is available on iOS and Android devices and provides traders with a user-friendly interface and access to a wide range of trading instruments.


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.


AVATrade Licenses and Regulatory Compliance

AVATrade is a well-established and reliable broker offering various trading instruments. The company is licensed and regulated in various countries, providing its customers with peace of mind knowing they are trading with a compliant and regulated broker.

Here are the regulatory bodies that oversee AVA Trade's operations in various countries:

  • Central Bank of Ireland (No.C53877) regulates AVA Trade EU Ltd.

  • ASIC (No.4066840) regulates Ava Capital Markets Australia Pty Ltd.

  • The South African Financial Sector Conduct Authority (FSCA No.45984) regulates Ava Capital Markets Pty.

  • In Japan, the Financial Services Agency licenses and regulates Ava Trade Japan K.K. (License No.: 1662).

  • Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA) (No.190018) regulates Ava Trade Middle East Ltd.

  • Cyprus Securities and Exchange Commission (No. 347/17) regulates DT Direct Investment Hub Ltd.

  • The Israel Securities Authority (No. 514666577) regulates ATrade Ltd.


AVATrade Customer Protection

AVATrade takes its responsibility to protect its customers seriously, and as such, it has implemented various measures to ensure that its customers are protected while trading. AVATrade ensures that customer funds are kept separate from the company's operating funds. This ensures that customer funds are protected during the company's insolvency.

AVATrade provides its customers with negative balance protection, which means that they cannot lose more than the amount they deposited in their trading account. The Broker also provides its customers with a secure trading environment, including advanced encryption technology, two-factor authentication, and secure payment methods.

AVATrade offers various risk management tools to its customers, such as stopping loss orders and taking profit orders. These tools help customers manage their risk exposure and prevent significant losses. Its multiple regulations also ensure the company operates within strict regulatory frameworks and meets compliance requirements.


Customer Support

AVATrade is known for its responsive and helpful customer support, available 24/5 via phone, email, and live chat. The Broker also provides local phone support in various countries, making it easier for traders to get assistance when needed. The customer support team is known for providing a positive trading experience to traders.


Trading Information

Unlike some other brokers, AVA Trade offers spreads that are over the market. This means that you may be paying slightly more than the market rate for a particular currency pair, but you'll be able to trade without worrying about requotes or slippage. However, spreads can vary depending on market conditions.

If you're using the popular MetaTrader platform on AVATrade, you'll need to keep in mind that the minimum trade size is 0.01 lots. This means that you'll need to trade in multiples of 0.01 lots, which can be a bit limiting for some traders. Also, margin requirements can vary depending on a variety of factors, including your position size, news releases, and market volatility.

If you hold a position overnight on AVATrade, you may be charged or paid an overnight interest rate, depending on the currency pair and the direction of your trade. And if you have an Islamic account with AVATrade, you should be aware that cryptocurrency trading is not available. This is because Islamic accounts are designed to comply with Sharia law, which prohibits the payment or receipt of interest.


Tradable Instruments

AVATrade offers trading in the following instruments:

  • Forex

  • Stocks

  • Indices

  • Commodities

  • Cryptocurrencies

  • Bonds

  • ETFs


AVATrade Leverage

AVATrade provides leveraged trading of up to 30:1 on various CFDs. This means that traders can open larger positions than their account balance, allowing them to potentially increase their profits. 


Deposits and Withdrawals

AVATrade strives to process all deposits as quickly as possible, though processing times may vary depending on the chosen method and any additional verification requirements.

In order to withdraw funds from an AVATrade account, clients must first complete the KYC process, which requires the verification of identity and account information. This process is mandated by regulatory bodies and is designed to prevent illegal activities.

Deposits

AVATrade offers clients a range of deposit methods, including credit cards and wire transfers, and e-payment options like Skrill, WebMoney, and Neteller (excluding EU and Australian clients). Deposits are available to all global clients and can be made using the client's preferred method.

Deposit Options

Minimum Deposit

Transaction Time

Credit Cards and Debit Cards

USD account – USD $100
EUR account – €100
GBP account – £100
AUD account – AUD $100

Instant

Wire Transfer

USD account – USD $100
EUR account – €100
GBP account – £100
AUD account – AUD $100

 7 Business Days

E-payments (Neteller, Skrill (Moneybookers), WebMoney, and others)

USD account – USD $100
EUR account – €100
GBP account – £100
AUD account – AUD $100

Within 24 Hours


Withdrawals

Once an account has been verified and confirmed, clients can make withdrawals using their preferred method. Withdrawing your funds from AvaTrade usually takes between 24 to 48 hours for credit cards, debit cards, and e-money. However, if you prefer to use wire transfers, the waiting time can be a bit longer, up to 10 business days. It's important to note that withdrawals can only be sent via the payment methods you used to fund your account, which is in line with international anti-money laundering regulations.


AVATrade Education and Training

AVATrade provides a range of educational resources to help traders of all levels improve their skills and knowledge. For beginners, AVATrade offers training on how to trade online, stocks, currency trading, copy trading, cryptocurrency trading, and financial derivatives. Additionally, AVATrade offers tutorials on its trading platforms, covering topics such as charting, technical analysis, and order execution. Traders can also access economic indicators and trading rules to help them stay up to date with market developments and make informed trading decisions.


FAQs

Is AVATrade a Scam?

AVATrade is a well-established and reputable online broker with over 15 years of experience in the industry. AVATrade is regulated by multiple authorities, which speaks to its authenticity. The company also maintains high transparency and provides excellent customer service, as evidenced by its "Excellent" rating on Trustpilot.

How do I open an AVATrade account?

Opening an AVATrade account is a straightforward process that can be completed in a few simple steps:

  1. Visit the AVATrade website and click on the "Register" button.

  2. Enter your personal information, including your name, email address, and phone number. You will also be asked to provide additional information, such as your country of residence, employment status, and trading experience.

  3. You will need to verify your identity by providing a copy of your ID and proof of address.

Once your account is verified, you can fund your account and start trading.


Conclusion

AVATrade is a reputable and regulated online broker that offers a wide range of trading instruments, competitive spreads and commissions, and excellent customer service. 

With a user-friendly platform and comprehensive educational resources, AVATrade is well-suited to traders of all levels of experience. Its commitment to customer protection, regulatory compliance, and transparency makes it a trustworthy choice for anyone looking to trade in the financial markets.

Trading accounts of AVATrade

  • Standard MT4
  • AvaTrader
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 100 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex1:400
Number of currency pairs: 47
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/USD
  • BRT/USD
  • CAD/CHF
  • CAD/JPY
  • CHF/JPY
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/ILS
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • EUR/ZAR
  • GBP/AUD
  • GBP/CAD
  • GBP/ILS
  • GBP/JPY
  • GBP/NZD
  • GBP/SGD
  • GBP/USD
  • LTC/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • USD/CAD
  • USD/CHF
  • USD/DKK
  • USD/HUF
  • USD/ILS
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/SGD
  • USD/TRY
  • USD/ZAR
CFD's1:200
Amount of assets : 200
  • Promotions
  • Futures
  • Indices
  • Products
Metals1:200
  • Gold
  • Silver
Energy sources1:200
  • Oil
  • Gas
Cryptocurrencies
Stop Out:
10 %
Max. number of orders:
500
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
10 %
Phone trading:
No
Trading platforms: AVA Trader
Minimum Deposit : 100 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Forex1:200
Number of currency pairs: 47
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/USD
  • BRT/USD
  • CAD/CHF
  • CAD/JPY
  • CHF/JPY
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/ILS
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • EUR/ZAR
  • GBP/AUD
  • GBP/CAD
  • GBP/ILS
  • GBP/JPY
  • GBP/NZD
  • GBP/SGD
  • GBP/USD
  • LTC/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • USD/CAD
  • USD/CHF
  • USD/DKK
  • USD/HUF
  • USD/ILS
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/SGD
  • USD/TRY
  • USD/ZAR
CFD's1:200
Amount of assets : 200
  • Promotions
  • Indices
  • Products
Metals1:200
  • Silver
Energy sources1:200
  • Oil
  • Gas
Cryptocurrencies
Stop Out:
10 %
Minimum position size:
0.01 лотов
Max. number of orders:
500
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Fixed
Decimal places:
5 characters
Margin Call:
10 %
Phone trading:
No

Contacts of AVATrade

Headquarters
Ирландия , ДублинAmiens Street
show on the map
+353-1-90-10-120Телефон штаб-квартиры

Recent customer reviews of AVATrade

Arthur Grey 23 June 2024

Advantages: Nothing to say one the worse brokers I’ve come across

Disadvantages: Lacks transparency Poor customer support

Comment: I'm putting this review out to all past customers and future users of this company, that this website is a total scam. one willing to steal your money. I was a victim too and l'm all out now to take them down.
K!ndly co_nt_act f:l:a:s:h:re:c:l:a:i:m:(A:T) (G)~:M:A:!:L: (dôt) :c-0-m or
F:l:a:s;h:r:e;c:l:a:i;m: (a:t) o:u:t: (:lo:ok:) dôt: c-0-m
To get your money b_ack l!ke I d!d also send your contact info so they can reach you easily

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Machet 17 December 2021

Advantages: Easy account opening

Disadvantages: Fishy spreads, buggy platforms

Comment: 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.

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Add a COMMENT
Danny Peek 09 February 2021

Advantages: none

Disadvantages: Bad management

Comment: 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

Comment
Add a COMMENT
RECOMMENDED FOREX BROKERS

Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.