To experience a good quality and profitable trading, you should be ahead of others members of the financial market. At first it will be hard as to become advanced you will need time to find a good partner that will fulfill your expectations. In this article we will go through a broker company, who aims to engage traders to the highest levels of proficiency. Read Trade.com review and you will find out if it is worth to jump into trading with this company.
AvaTrade Broker at a Glance
If you are into online trading, there is a high chance that you have heard about AvaTrade before. This company has been around for over a decade. Founded in 2006 as AvaFX, the company has quickly gained lots of traction due to the competitive trading conditions that it is offering to the clients. In 2013 it has changed its brandname from AvaFX to AvaTrade, this way the company wanted to show that it offers brokerage services beyond Forex. Today AvaTrade gives access to countless currency pairs, metals, energies, ETFs, CFDs on stocks and much more. Recently the broker has launched cryptocurrency trading too.
AvaTrade is headquartered in Dublin and is regulated by the Central Bank of Ireland. Besides that, AvaTrade has operating companies that are regulated in South Africa, Australia and Japan.
AvaTrade Review in a Nutshell
- over 250 trading instruments, incl. cryptocurrencies
- no commissions on CFD trading
- 24/5 support in 12 languages
- very tight spreads
- leverage is up to 400:1
This is an amazing broker for active traders, people who are already familiar with online trading and know exactly what they need. With AvaTrade a trader gets access to a wide range of markets. Besides that, the trading conditions are very attractive. However, if you are just starting out, AvaTrade has some amazing support which will help you in every step you take.
AvaTrade Accounts Review
With AvaTrade you only get one type of the live account. This broker does not require to have some sort of a minimum deposit to unlock necessary features like the asset classes or better trading conditions. However, with AvaTrade one can get some sort of upgrades.
Muslim traders will certainly benefit from Islamic aka Swap-free accounts.
For those who can deposit over 100,000 USD or trade over 100M worth of trades, AvaTrade grands an exclusive membership called AvaSelect. Apart from getting access to various educational and analytical content, this program provides a trader with an express hotline and a 24-hour withdrawal policy.
Next to this, AvaTrade provides unrestrained access to the demo trading.
As our AvaTrade review has shown, the broker is located in Dublin and in regulated by the Central Bank of Ireland. As the regulator has not taken any measures against FX bonuses, this broker is one of the only regulated places where you can still get a bonus. Currently, AvaTrade offers a 30% deposit bonus on the deposits between 200 USD and 50,000 USD. Next to this, AvaTrade has a referral promotion in place.
AvaTrade Trading Conditions and Platforms Review
AvaTrade lets you choose amongst the conditions that fit your strategy best. Perhaps one of the main distinctive features of this brokerage is that it offers fixed spreads and floating spreads. The later is only available on MetaTrader 4 accounts. Spreads of this broker are quite low, and what is even better is that there are no hidden fees, commissions or any other costs except the spread.
However, there is a 25 USD monthly inactivity fee in case a trader has been inactive for over 3 months in a row.
There are a few platforms provided by this brokerage. AvaTradeAct is a custom platform that is available in desktop, mobile and web versions. The main advantage of this software is that it comes with fixed spreads. Also, this platform comes as a native application for MacOS.
AvaOptions is a piece of software for trading options (regular options, not binary!). This software is available as a desktop and a web app.
Finally, the world’ most popular piece of FX trading software, MetaTrader 4, is available with this broker too.
AvaTrade.com Review Conclusion
If you are looking for a combination of the superior trading conditions, a great selection of the trading software that is available across multiple devices, high-quality support, and a strong regulatory compliance – AvaTrade is a broker that ticks every box. Besides that, with AvaTrade broker you can also get rewarded with various bonuses & promotions, a feature that is not available with almost any other brokerage.