AvaTrade offers traders a commission-free pricing environment, but it comes with higher spreads. I’ve used AvaTrade, and I really like its smooth interface and variety of trading options. The spreads are decent, and having multiple platforms like MT4 and AvaTradeGO makes it flexible. I also appreciate the strong regulations, which add a sense of security.
Quick response and supportive customer…
AvaTrade offers traders a familiarity with MT4/MT5, is a leader in algorithmic trading, and is equipped with an integrated copy trading platform. It also deploys its proprietary WebTrader and mobile app AvaTradeGO, where it embeds services provided by Trading Central, additionally available as an MT4/MT5 trading platforms. AvaFutures is a dedicated futures entity by well-known industry leader AvaTrade. Traders get the MT5 trading platform, which supports algorithmic trading, copy trading, and extensive customization options. Ava Futures charges $0.19 for micro and mini futures and $0.49 per standard contract, placing it among the most competitively priced futures brokers.
Does AvaTrade accept US clients?
Following the withdrawal of funds, the client can email his/her account manager or customer support and request closure avatrade review of the account. The firm also charges inactivity fees of $50 for 3 consecutive months of non-use. The inactivity fee will be deducted from the customer’s trading account. AvaTrade charges an administration fee of $100 after 12 consecutive months of non-use. For forex trading, Avatrade doesn’t charge any commission on any trade but is compensated through the bid-ask spread.
These are all social trading or copy trading tools that have features that allow you to automate the trading process by mirroring other traders’. The popular MetaTrader 4 (MT4) is available and still a leader when it comes to platforms for trading forex despite its age. One impressive aspect of AvaTrade offer is a large range of trading platforms. A swap-free style account is available for Islamic traders that follow sharia law. In its place, the spread is widened by 1 pip for forex pairs when you open your position.
Asset List and Leverage Overview
The difference is who the account is available for and the level of leverage. The shows the nations each account is available for and the leverage. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated.
If you have traded with AvaTrade we would really like to know about your experience – please submit your own review. Also available through the solution is a daily strategy newsletter, intuitive pattern recognition technology, plus a host of advanced indicators on over 115 forex charts. Trading Central also tracks 7000 media sources for investors interested in fundamental analysis.
- Equity traders pay a minimum spread of 0.13%, also commission-free.
- Our AvaTrade review has introduced you to some of the upsides and downsides of trading with this outstanding broker.
- AvaTrade isn’t just another brokerage; it’s an industry innovator.
- AvaTrade offers an exceptional range of educational resources to help you develop your trading skills, regardless of what level of trader you may be.
- AvaTrade offers a unique feature on its AvaTradeGo mobile trading platform that is similar to easyMarkets dealCancellation.
Does AvaTrade Offer A Good App?
They both offer flexible charting views, advanced technical analysis tools and customizable workspaces. For example, Vantage offers a standard, commission-free account alongside an ECN account with raw spreads and low commissions. Withdrawals at AvaTrade take one to two business days, which is comparable to nearly every forex broker.
- As a fully regulated broker, AvaTrade holds licenses across multiple regions, including South Africa, the UAE, the British Virgin Islands, Australia, Europe, and Japan.
- Ava Futures charges $0.19 for micro and mini futures and $0.49 per standard contract, placing it among the most competitively priced futures brokers.
- Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets.
- They both offer flexible charting views, advanced technical analysis tools and customizable workspaces.
- AvaTrade’s 48 educational videos cover a wide range of topics, and explore niche subjects like Donchian Channels (what they are, and how traders can use them).
Friendly and profesional
These products may not be suitable for everyone and you should ensure that you understand the risks involved. The Financial Industry Regulatory Authority (FINRA) is dedicated to creating a safe environment for investors. You can use its BrokerCheck service to learn more about your broker before you commit. The webpage has an online form if you’d like to contact the firm, including the reason for request, name, email, phone number, subject and official request. AvaTrade has a trust score of 77, from the broker’s regulation, reputation, and reviews. Leverage for options is consistent with leverage available for spot forex, spot gold and spot silver.
Industry awards
I will keep update in here going forward, never experience this many issues with withdrawal issues with any other. An amazing and professional and very friendly client service contact with Erich Alon. Just opened an account trying to get into trading and was pleasantly surprised I got a call from Ron, from Avatrade. But the information he shares is not the kind that would get you in trouble with regulators. We may receive compensation from our partners for placement of their products or services, which helps to maintain our site. We may also receive compensation if you click on certain links posted on our site.
AvaTrade offers traders a broad range of trading platforms, including a dedicated options trading platform, futures trading, and its proprietary mobile app and social trading platform. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps.
Market analysis, identifying fraudulent brokers, and security are his cup of tea. At BrokerRaters Thadeus develops educational materials and user guides, offers market insights, and ensures our content conforms to the best standards. This forex broker, which operates internationally, is a safer, well-regulated bet for traders. The multiple options it allows in terms of trading platforms and software is an added positive. AvaTrade facilitates smooth trading with an extensive variety of financial instruments.
I like that AvaTrade invested in a proprietary social trading platform, Ava Social. It shows that AvaTrade monitors its trends and commits capital where necessary to deliver the services its client base requests. Another nice touch is the options trading platform AvaOptions, dedicated to vanilla options traders. Futures trading is available on the MT5 trading platform in partnership with the CME Group and EUREX, with more futures exchanges coming soon.
Mobile trading apps
The owner(s) of this website may be compensated to provide opinions on products, services, websites and various other topics. Even though the owner(s) of this website receives compensation for our posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products. The views and opinions expressed on this website are purely the author. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question. We may receive compensation when you click on links to products we review. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com.
