AVATrade Review

AVAtrade was founded in 2006 with the major aim of providing an excellent environment for forex traders to carry out their trades effectively. This has been a defining factor to its ultimate growth in the last decade of existence which has been characterized by a very exponential growth on its part.

Trading Accounts

For a client to be able to execute trades, he or she should sign up for an account that will give you a chance to trade without any hassles forthcoming. In a bid to provide products that meet clients’ requirements, AVAtrade has three account types that the clients can choose from. Amon these accounts are the demo account, the real account, and the Islamic account.

The Demo Account

Just as the name implies, this is an account type that has been designed to give demos to clients. The demo account is suitable for clients with little or no experience in forex trading and also are new to the trading concept. With this account, a trader will be able to learn the basics of forex trading and how to execute a trade. He or she will be provided with virtual funds that will act as an alternative to real funds and will be able to trade without a chance of encountering losses. This account is limited and you can only use it for 21 days.

The AVAtrade Real Account

The real account is an account type meant for those that are experienced in trading. This is the basic account type on AVAtrade’s platform and is suitable for both novice and experienced traders. Among the features of this account type include:

1. Over 250 trading instruments to trade from including indices, commodities, stocks, and shares.
2. Competitive spreads offering.
3. Has a range of automated platforms and EA compatibility.
4. Compatibility with a range of devices and operating systems such as windows, mobile devices, and also mac operating systems.
5. Leveraged trading of up to 30:1 on various CFDs.
   
   

The Islamic Account

The Islamic account is an account type that has been created to suit the needs of its clients of the Islamic faith. This account operates in accordance with the sharia law which prohibits some financial transactions, especially which attract an interest. Cryptocurrency trading is also not available for this account.

The Company. Security Of Funds.

AVAtrade has for the past one decade proven itself to be a force to reckon with in the forex trading industry. Its good performance is owed to the large clientele base it has managed to acquire over the past few years and are drawn from all over the globe. AVAtrade offers the best trading conditions in a wide range of trading instruments, advanced technology that helps in the enhanced trading experience and also a dedicated workforce that strives to ensure that all its clients are satisfied.

The credibility of AVAtrade is on point and is evident by its licensing by the legal regulatory bodies in all jurisdictions that it operates. Among the licenses that AVAtrade has on point include:

1. Licensed as a compliant firm with the markets in financial instruments directive (MiFID) in the European Union.
2. AVA capital markets Australia is licensed and regulated by the Australian securities and investment commission (ASIC).
3. AVA trade limited is licensed to operate in the British Virgin Islands by the British Virgin Islands financial services commission.
4. AVA trade Japan is regulated and licensed by the financial services agency (FSA)
5. AVA capital markets South Africa is licensed by the financial services board (FSB) of South Africa.

In keeping up with the set regulations by this regulatory body especially concerning the safety of clients' funds, AVAtrade has come up with various measures to secure these funds. Among the many measures put in place are:

1. Has a 256-bit SSL encryption across its website to keep off hackers.
2. Ava uses a high technology software that keeps off credit card and debit card fraudsters.
3. Uses segregated accounts to prevent clients’ funds from mixing up with the firm’s operating funds.
4. Uses an embedded true-site identity assurance seal.
   
   

Trading Conditions

Spreads

All spreads are over markets and fx pairs have pips from 0.0001.

Commissions

No commissions are charged at all.

Minimum Initial Deposit

The minimum initial deposit is $100 and this will serve as your trading base capital as well as a shield in case of a losing trade.

Trading Platforms

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

The Metatrader 4 Trading Platform

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

1. A flexible and fast trading platform.
2. Receives trading signals from top providers.
3. Easy accessibility.
4. The guardian angel feature will give you the best trading feedback.
5. Superb analytic abilities.
   
   

The Automated Trading Platform

The automated trading platform is a platform that will enable 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 will allow you to trade over your mobile phone device. Its features include:

1. You can open and manage several mt4 trading accounts on the same panel.
2. Compatible with both Android operating system and ios operating system.
3. Allows you to trade easily with the user-friendly interface.
4. Free on download on their respective download sites.
   
   

The Web Trading Platform

The web trading platform is one that is accessible through your browser where you can execute your trades. The features of this platform are:

1. Instant trading with stop orders.
2. Access to a wide range of analytical tools and overlays.
3. Present in 41 different languages.
4. Compatible with a host of different browsers.
   
   

Promotions

The following are the promotion currently being offered by AVAtrade.

1. A cash back bonus for newly registered account holders.

Deposits and withdrawals

Deposits and withdrawals are easy to execute and are compliant with a host of channels such as bank transfer debit and credit cards among others.  Accepted channels include Visa, MasterCard, Neteller, skrill among many others and withdrawals will cost a little amount with no charges at all for deposits. Processing time is instantaneous but may take 3-5 days for bank transfers.

BRIEFLY ABOUT AVAtrade

A check into the AVAtrade customer comments and reviews shows you how lucrative this trader is and it is not far from the truth. AVAtrade is a very credible trader that will give you the best trading condition that you can wish for.