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AvaTrade Review Pros and Cons

AvaTrade Review Pros and Cons


Regulation                     : CBI, B.V.I FSC, ASIC, FSCA, FSA and FFAJ, FRSA

Year of Establishment   : 2006

Spread                           : 0.9 pips (EURUSD)

Customer Support         : English, French, Italian, German, Portuguese, Russian, Japanese, Chinese, Arabic, Greek

Leverage                       : 1: 400

Country                         : Ireland

Platform                        : ActTrader, MT4, MT5, AvatradeGo, AvaOptions, Webtrading, Proprietary, Zulutrade, Mactrading

Address                        : Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742 Ireland

Min.Deposit                 : $ 100

Open a Demo Account Here

Open a Live Account Here

 

Avatrade is one of the oldest and most respected investment firms offering online trading among forex brokers. Established in 2006 in Dublin, Avatrade has 6 offices in Europe, Abu Dhabi, Japan, Australia, South Africa and the British Virgin Islands. In this way, it accepts customers from all over the world and in many currencies.

Offering transactions in Forex, CFD and crypto money market, Avatrade also holds a strong place in regulation, which is very important for the reliability of companies.

 

  • CBI issued by the Central Bank in Europe, has license number C53877.
  • Has a license of ASIC in Australia. The language number is 406684.
  • It has license number 1662 issued by FSA and license number 1574 issued by FFAJ in Japan.
  • It has FSB license in South Africa. License number 45984.
  • FRSA license in Abu Dhabi,
  • B.V.I has FSC license in British Virgin Island.

 

 

AvaTrade Review-Pros and Cons

Avatrade Account Types

 

With Avatrade, you can trade in many investment instruments such as stocks, indices, foreign exchange, commodities, crypto money. It offers 4 types of accounts: Retail, Professional, Options, Spread betting. There is also a type of Islamic account for those who want to make transactions as a swap-free account without paying interest. The minimum amount to be deposited in the account and the spread rates differ according to the types of accounts.

 

Avatrade Spread Rates

 

In Avatrade forex transactions, spread rates vary according to the type of account. For example, while the EURUSD spread rate is 0.9 pips in the Retail account type, the EURUSD spread rate is 0.6 pips in the professional account type.

 

Avatrade Leverage Ratio

 

Avatrade offers its investors the opportunity to trade with maximum leverage. Thanks to its high leverage ratio, investors have the opportunity to earn high profits. Since there is a regulation on leverage in every country, you can learn the current and approved leverage rates of the company you intend to work with on the website. The current leverage ratio for Avatrade is set at 1: 400 for Professional accounts and 1:30 for retail accounts.

 

AvaTrade Review


Avatrade Trading Platforms

 

Avatrade has created its own trading platform with its proprietary Avatrade (ACT) software, as well as the most traded MT4 and MT5 platforms all over the world. In addition to these platforms, it is also compatible with other trading platforms such as Mirror trader, Proprietary, Zulutrader. 

You can easily use these platforms by downloading applications from the computer, via the web or via mobile phones and tablets. In April 2013, Avatrade launched the AvaOptions trading platform, which enables its clients to buy and sell FX Vanilla Options. In August 2013, as the second forex broker offering online bitcoin trading, it started trading bitcoin with CFDs on both Avatrader and MT4 platforms.

 

Avatrade Trading Hours

 

You can perform Forex transactions 24 hours a day, every weekday. The trading hours for foreign stocks and indexes vary according to the opening and closing hours of the relevant country. The opening and closing times of the Avatrade trading platforms are Sunday 21:00 GMT, Friday 21:00 GMT. determined as.

 

Avatrade Campaigns and Bonuses

 

In forex transactions of Avatrad, there is no active bonus campaign for now, but it offers attractive campaigns and bonuses in some periods depending on its geographical location. Up-to-date and detailed information can be obtained from the website of the country it is affiliated with.

 

Avatrade Deposits and Withdrawals

 

Avatrade offers its customers a variety of deposit options. Investors can instantly deposit money into their real accounts through online services such as credit cards (VISA; Mastercard, debit), Wire Transfer, Paypall, Skrill, Neteller and WebMoney.

 

Withdrawals are carried out very quickly and securely, just like deposits. Withdrawal requests submitted through the same online services are forwarded to you after passing the necessary checks.

 

The fastest money withdrawal request is with Ava Debit Mastercard, which customers who open a real account can apply. The same day for E-wallet transactions, max.5 working days for credit card and debit card transactions, max.10 working days by bank transfer (Wire Transfer). shooting requests are carried out.

 

Avatrade Customer Support

 

Avatrade offers customer service support to its investors in multiple ways. You can communicate via Live chat, e-mail, FAQ page, social media accounts, fax or telephone, which you can access on the website. 

Telephone support is available in many languages ​​and countries around the world, including 21 different countries in Europe, 2 countries in Africa, 6 countries in Asia, 4 countries in South America, 2 countries in the Middle East and Australia.

 

Is Avatrade Reliable?

 

The reliability of an overseas forex firm can be understood by first looking at its licenses after being inspected. Avatrade has been licensed by the relevant institutions in many countries. Hence it is a reliable firm licensed to offer trades. Investors trading at licensed companies have legal rights in the context of the contracts approved during account opening, when they have any problems with the company.

 

Another reliability criterion is the fast and accurate execution of deposits and withdrawals. Avatrade offers its investors more than one deposit and withdrawal options, providing the fastest service.

 

In addition, services such as the speed of online platforms, customer support, analysis and training support are evaluated in terms of reliability. By successfully performing these services in Avatrade, it has been among the leading institutions of the market for years.

 

AvaTrade Review-Pros and Cons

Avatrade Account Opening Transactions

 

Demo accounts, which offer the opportunity to try themselves, are opened for free for investors who will start trading with Avatrade. You can also apply for a real account by filling out the online registration form that includes your address, identity and contact information on the company's website.

 

By providing the necessary controls based on the filled form, you will be contacted by customer representatives by phone or in writing to your e-mail address. You can also upload a copy of your identity card and an invoice registered in your name to the system online.

 

After the real account has been opened, you can instantly deposit money to the bank addresses to which the company is connected, via credit card or other payment methods and start trading in many instruments such as forex, cfd, viop, crypto money.

 

Standard accounts can be opened with credit cards for as little as $ 100 or by depositing $ 500 via bank transfer.

 

Summary

 Avatrade is a strong and reputable investment institution, which has licenses issued by audit firms, offers its investors many platforms and customer support in different languages, and is highly preferred thanks to its fast deposit and withdrawal transactions, and has managed to receive positive comments from many customers by providing uninterrupted transactions since 2006. In summary, if we look at Avatrade's remarkable services;

 

Security    - CBI has valid licenses such as B.V.I FSC, ASIC, FSCA, FSA and FFAJ, FRSA.

Platform   - ActTrader offers many platforms such as MT4, MT5, Proprietary, Zulutrade.

Deposit / Withdrawal - Online deposits and withdrawals are carried out quickly through the website.

Customer support - Provides customer support in many countries and languages.

Bonus     - It offers various campaigns and bonuses varying by country from time to time.


Pros

Cons

  • Low Spread Rates
  • Fast and Free Deposits and Withdrawals
  • Control by Multiple Regulators
  • Fast and Transparent Platform

 

 

  • Unable to open real account below $ 100





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