AvaTrade review and ratings

Established 2007
Location Australia Ireland Poland South Africa UAE Japan British Virgin Islands
Regulation ASIC, Central Bank of Ireland, KNF, FSCA, FSRA, JFSA, JFFA, BVIFSC
Offices Sydney, Dublin, Warsaw, Johannesburg, Abu Dhabi, Tokyo, Road Town
Broker type MM | STP
Leverage up to 1:400 (1:30 for EU clients)
Deposit from 100 USD
Spreads low  low
Platforms Web MetaTrader 4 MetaTrader 5 Specific Social Platform
Instruments Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs
Funding methods Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Perfect Money iDeal Giropay AstroPay SafetyPay Klarna Przelewy24 ZotaPay

Company information

AvaTrade group includes several related companies.

AvaTrade AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
AvaTrade IRL - located in Ireland, regulated by the Central Bank of Ireland.
AvaTrade PL - located in Poland, regulated by the Komisje Nadzoru Finansowego (KNF).
AvaTrade SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
AvaTrade UAE - located in the United Arab Emirates, licenced by by the Financial Services Regulatory Authority (FSRA).
AvaTrade JP - located in Japan, regulated by the Japan Financial Services Agency (JFSA) and the Japan Financial Futures Association (JFFA).
AvaTrade BVI - located in the British Virgin Islands, regulated by the BVI Financial Services Commission (BVIFSC).

Be aware, IRL and PL companies have some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Unfortunately, AU company also has been imposed with trading leverage limitations by ASIC since the end of March 2021.

Availability

AvaTrade group accepts clients from all over the world, excluding USA and some third-world countries.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for FX trading.

55+ Currency Pairs Based on major and minor world currencies.
11 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Litecoin, Ripple, Neo, EOS, IOTA.
19 Indice Futures Based on baskets of different blue-chip stocks and US Dollar Index.
2 Metal Spot CFDs Based on Gold and Silver.
3 Metal Futures Based on Platinum, Palladium and Copper.
5 Energy Futures Based on Crude Oil (WTI, Brent), Heating Oil, Gasoline and Natural Gas.
7 Soft Futures Based on Corn, Soybean, Wheat, Coffee, Sugar, Cotton, Cocoa.
5 Bond Futures Based on US, JP and German government securities.
600+ Stock CFDs Based on shares of US, UK and EU companies.
50+ ETF CFDs Based on exchange-traded funds containing various tradable assets.

Forex broker offers the following underlying assets for Vanilla Options trading.

40+ Currency Pairs Based on major and minor world currencies.
2 Metal Options Based on Gold and Silver.

Comprehensive review

Established in 2007, AvaTrade is a large forex & CFD broker that claims to have more than 200,000 registered customers globally. Headquartered in Dublin, Ireland, the broker also has regional offices around the world as part of its global expansion strategy, including in Paris, Milan, Tokyo, Sydney, as well as a number of other places.

AvaTrade is heavily regulated by government agencies in many different jurisdictions globally, and is therefore generally seen as a trusted broker in the forex trading community. For example, AvaTrade EU is regulated by the Central Bank of Ireland, and Ava Capital Markets Australia is regulated by the well-regarded Australian regulator ASIC.

AvaTrade has also bagged countless awards since its establishment, with the most recent ones being the ‘Best Trading Experience’ and ‘Best Affiliate Performance’ in the year 2018.

Trading instruments offered by the broker includes forex and CFDs based on cryptocurrencies, bonds, stocks, indices, commodities, and even exchange traded funds (ETFs), with spreads that are generally competitive. In terms of forex, clients can choose from more than 50 currency pairs, with leverage going as high as 1:400 for clients outside of the EU/EEA and Australia.

In terms of its ETF offering, the broker offers a selection of 5 different ETFs traded as CFDs with no hidden fees. In addition to ETFs, a whole range of global stocks and bonds are also offered in the form of leveraged CFDs.

As its trading platforms, AvaTrade has chosen to go with the classic MetaTrader 4 (MT4) platform, in addition to its own proprietary WebTrader, the downloadable AvaTradeGO, and the AvaOptions mobile options trading platform. As with most forex brokers, trading on MT4 can also be done via the web-based and mobile versions of the same platform for those who prefer that.

Deposits and withdrawals to and from the broker can easily be made through a variety of methods like standard bank wire transfer and credit/debit card. There are no fees imposed at all for deposits and withdrawals, which is definitely appreciated. However, minimum deposit amounts do apply, depending on the currency and payment method chosen.

Further, AvaTrade’s customer service is available 24 hours a day on trading days via local phone numbers in a range of countries. Clients are free to email, call, or chat with customer support staff via the live chat function provided on the website. Support is available in 14 different languages to cater to traders from all around the world.

Moreover, AvaTrade also provides educational materials for its clients to improve their trading skills. This comes in the form of trading Information such as calculators, technical analysis tutorials, as well as detailed explanations of each type of trading instrument it offers, and how it works.

Lastly, the broker has made guides available for new traders that teaches everything from basic trading strategies, to more advanced methods of market analysis. Video tutorials are also readily available for clients to view, ranging from tutorials on how to use the relevant trading platforms, to videos that explain in detail potentially profitable trading strategies.

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