AvaTrade was founded in 2006 and is located in Dublin, Ireland. Offering trade services in more than 150 countries with offices located throughout the world. AvaTrade is a forex broker that is committed to providing a safe trading environment and is fully regulated and licensed in the EU and BVI, with additional regulations in Australia, South Africa and Japan.
AvaTrade is also available in Canada in collaboration with local broker Friedberg Direct regulated by IIROC, the main regulator in Canada (Canadian Investment Industry Regulatory Organization).
** AvaTrade does NOT accept US Clients **
Unique Trading Features with AvaTrade
The most prominent feature of AvaTrade is a very diverse and rich automated trading package bundled with the trading software itself. Forex trading APIs and advanced strategies that sell hundreds of dollars on the market are offered free of charge by brokers for simple forex trading costs; You only pay spreads for trading and there are no additional fees for the sophisticated and professional automated trading tools that you provide.
The automated trading package includes the popular ZuluTrade system, AvaTrade's Ava AutoTrader system which allows algorithmic trading in the latest version, as well as a series of advanced APIs that allow you to design your own forex automation solutions from scratch. This is a unique advantage available without other companies in the forex world at the time this review was made.
Trading Software
Serving all types of traders, AvaTrade offers a variety of platforms, both automatic and manual. Each platform allows access to more than 250 trading instruments, several analytical tools, indicators and up to minute charts.
AvaTrader is a powerful user-friendly platform that allows for one-click trading on all assets from one screen. This is a fully customizable platform, which offers advanced charting, direct analysis and direct feeds.
MetaTrader 4, known as the most popular trading platform, provides flexibility and strength to satisfy traders of all levels of trading experience and knowledge. This platform accommodates you to trade in your ideal trading environment.
Automated trading platforms, such as Mirror Trader and Zulutrade, are the leading automatic trading interfaces in the industry. Automatic trading software allows you to duplicate skilled online merchant trades, anytime, even away from your computer.
Deposit and Withdrawal
AvaTrade's minimum initial deposit requirement is $ 100. Maximum leverage is 400: 1, always remember that the higher the leverage, the greater the risk. In addition to the possibility of direct deposit through popular credit cards, brokers accept wire transfers and also facilitate funding through PayPal, NeTeller, Moneybookers, and WebMoney. With the Ava Debit Card feature from AvaTrade, clients can withdraw funds without documents delaying the process even though it can take up to five days for the money to be transferred.
Beginner Support
AvaTrade makes an explicit claim that the company aims to create a user-centered foreign exchange trading experience for corporate clients. In addition to the many choices available to users as detailed in the previous section and the flexibility shown by AvaTrade in account funding. Including accommodative initial deposit requirements. AvaTrade distinguishes itself with comprehensive support provided to beginners by the company's customer service. The intuitive and simple interface, coupled with expert support staff available 24 hours a day, 5 days a week, in more than 12 languages ensures that newcomer questions are answered quickly. All the difficulties of experienced traders are completed in the shortest possible time too.
Security
AvaTrade is proud to declare that it is a subsidiary of a holding company with a market capitalization of nearly $ 17 billion. This is unusual in the forex world and certainly adds an unusual dimension of credibility to brokers.
As a registered broker in Ireland, AvaTrade is subject to extensive and strict EU regulations on its financial activities. Apart from subscribing to the highest industry standards in basic data encryption and server security, the company employs a core cadre of IT experts to keep abreast of information technology, with the aim that the advanced security enhancements available to the market are applied as soon as possible to their own systems and broker trading software .
Other services
Sharp Trader Education Center is a one-door portal that serves both beginners and professional traders. Where you can find a variety of learning tools and materials to match your trading needs. Analysis and signals, Market Overview, FX Signals Free, Technical Analysis, Economic Calendar. Free and direct introductory webinars are available for those new to Forex trading. This webinar includes guided tutorials with real-time market updates.
AvaOptions is intended for serious traders who want to trade on Real FX Options. This platform offers the OTC Vanilla option, with spot trading and options from one interface to more than 30 currency pairs.
AvaTrade also provides Cellular Trading that is compatible with Android and iOS.
On August 1, 2018 Avatrade complies with the new ESMA rules and has changed their leverage limits for European Clients to:
30: 1 for major currency pairs.
20: 1 for non-primary currency pairs, gold and major indices.
10: 1 for commodities other than gold and non-primary equity indices.
5: 1 for individual equity and other reference values.
2: 1 for cryptocurrency.
Conclusion
With recognition through many awards and their long life of more than 10 years in this industry, AvaTrade stands out from other brokers in more than one thing. If a trader emphasizes security above all else, this regulated and official broker, who operates as part of an international financial group with a market capitalization, will clearly make an extraordinary choice.
With exceptional automated and manual trading solutions, AvaTrade is a great choice for advanced, sophisticated professionals. However, beginner traders will be happy with friendly and easily accessible customer support staff, intuitive and easy to understand broker interfaces and relatively small initial deposit requirements. Try AvaTrade and form your own opinion by registering a real account. Any prospective trader will be more than impressed by the unique flexibility that distinguishes AvaTrade from all of its competitors.
Please note that certain product or level multipliers may not be available to traders from EEA countries due to legal restrictions.
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