AvaTrade review – What can you trade with this broker?

AvaTrade is a famous online Forex broker established in 2006. Over the past 15 years, the broker has become very popular among traders around the world. Offering services to traders across different countries, AvaTrade was able to attract as many as 300,000 active traders.

Our review of AvaTrade shows that the broker offers traders access to more than 1250 trading instruments. This includes assets such as Forex, cryptocurrencies, stocks, and many others. AvaTrade is a safe and secure Forex broker as it owns a license from 6 jurisdictions. This includes Europe, Australia, Japan, the British Virgin Islands, UAE, and South Africa.

You can trade Forex at AvaTrade using trading platforms such as MetaTrader 4, MetaTrader 5, as well as WebTrader and AvaTradeGo, offering you full mobile trading support. So, if you want to learn more about AvaTrade and the way it really works, follow our review and start trading today!

Reviewing AvaTrade – A quick background

AvaTrade is a famous broker that was established back in 2006, 15 years ago. Over the years, the company has managed to become very popular among traders because of the services that it offers. There are many things that make AvaTrade stand out in the Forex trading market.

In addition to the services that the broker offers to clients, AvaTrade is also a very safe service provider. The broker offers service to citizens of different jurisdictions and to make sure the traders are kept safe at all times, it follows very strict regulations.
Traders using the Forex broker can feel safe and trade in peace because they can be sure that they are in good hands.

The representatives of the company are always ready to assist AvaTrade’s clients. The broker also offers very detailed and well-developed educational material to traders. Among the educational material that you can find at AvaTrade are exclusive e-books, videos, webinars, and many others.

Regulatory framework of AvaTrade

One of the most important things that you should think about while trading Forex is the safety and security of your funds. There are several things that you can do to maintain the safety and security of your funds. One of them that really works is only trusting regulated Forex brokers.

AvaTrade strictly follows the regulations of several agencies. Among the regulatory agencies that licensed AvaTrade, you can find:

• Central Bank of Ireland
• BVI Financial Services Commission
• ASIC of Australia
• FSCA of South Africa
• FCA & FFAJ of Japan
• FRSA
• CySEC
• Israel Securities Authority

Because there are so many agencies that regulate the Forex broker, the services that it offers to its clients are exceptionally safe. The Forex broker owns two separate licenses from the European Union member states. Because of the licenses that broke Browns from CBI and CySEC, it is available to offer the whole European market Forex trading services. This is possible thanks to the MiFID II directive.

How is your safety guaranteed?

The fact that the Forex broker is regulated and licensed is a great advantage, however, how it does to keep your funds safe is another thing. There are several policies that AvaTrade has adopted to maintain the safety and security of you and your funds. One of the things the broker does to keep the funds of its clients safe is that it has adopted the negative balance protection.

If you are a trader who likes to use higher leverage, the negative balance protection might be a perfect way for you to stay safe while trading Forex. When you are using higher leverage, what happens in many cases is that there is a chance for you to lose more money than you have on your trading account. With the help of Negative Balance Protection, all of your positions will be automatically closed once your balance nears zero. This way, you won’t be able to lose more money than you already have on your trading account.

Our review of AvaTrade also shows that the broker keeps the funds of its clients on segregated bank accounts. This means that you can feel safe and be sure that no matter what happens, your funds are kept safe by the broker.

Reviewing AvaTrade – Steps to get started

One of the biggest advantages of AvaTrade is that it is very simple to start trading at this Forex broker. The Forex broker keeps everything simple when it comes to the account types, it only offers a regular standard account to everyone. This account can be a great fit for experienced as well as beginner Forex traders.

If you are a complete beginner and think that you are not ready to start trading with your actual funds, you can use the demo trading account offered by the Forex broker. The demo trading account of AvaTrade is very useful for those who are just getting started in Forex trading as it offers them the ability to trade Forex without any risks.

When you create a demo trading account, the Forex broker provides you with a certain amount of virtual cash. This virtual money can be used to trade Forex and get used to the way the market works. Once you gain enough experience, you can continue by opening a regular live trading account and start trading Forex with your actual funds.

Professional account

If you feel like the offerings of the regular Forex trading account of the broker are not enough for you and you are looking for something more in the trading market, AvaTrade review shows that this broker also offers traders the Professional Account.

However, there are certain qualifications that you have to meet to be able to create a professional account. First of all, you have to demonstrate sufficient trading activity over the past 12 months. This means that over the last 12 months, you should have carried out transactions in significant sizes. You are also required to have relevant experience in the financial sector, and in addition to these, you will also have to have a financial instrument portfolio of over 500,000.

Islamic account

Our review of AvaTrade also shows that this Forex broker offers traders access to the Islamic trading account. Islamic account, also known as the swap-free account is created for those who follow the beliefs of the Quran. As you might already know, according to the Sharia law of the Quran, it is prohibited to accumulate or pay any interest rates.

The Islamic account holders are free from paying any swaps, which is why it is called a swap-free account. The fact that AvaTrade offers this account to its clients shows how much the broker cares about the traders that are using their services and how much it is willing to make sure that everyone can find services that meet their needs at this Forex broker.

AvaTrade review – Available assets

When talking about how good a certain Forex broker is, it is very important to discuss the available trading assets that it offers to clients. A huge advantage of AvaTrade, which makes it a very popular broker in the market is that it offers traders access to more than 1250 trading assets.

At AvaTrade, you can trade the following assets:

• Forex Currency Pairs
• Stocks
• Indices
• Commodities
• Forex Options
• ETFs
• Bond
• Cryptocurrencies

Because there are so many trading assets available at AvaTrade, there is something for every type of trader available at this broker. No matter what it is that you want to trade, you should be able to find it at this Forex broker. Since there are so many opportunities for traders, there are more than 300,000 active users trusting this broker and the number of them is increasing every day.

At AvaTrade, you have the ability to trade all three types of currency pairs, including Majors, Minors, and Exotics. The broker also offers traders access to CFDs on leading stocks, such as Apple and Microsoft. You can also trade well-known indices with this broker.

Because there are so many different assets available for trading, AvaTrade can be a perfect choice for any trader. No matter which asset you want to trade, you can find it here.

Trading platforms of AvaTrade reviewed

While trading Forex, you will be spending most of your time opening and closing positions using a trading platform. When you are not trading, you will be using the platform to do research and charting, trying to understand how the market is changing and what is influencing the changes.

At AvaTrade, you can use several different trading platforms. The Forex broker offers traders well-known platforms such as MetaTrader 4 and MetaTrader 5. MT4 is one of the best-known trading platforms around the world which used by millions of traders every day.

MT4 offers traders numerous trading indicators, which makes Forex trading much easier. Released in 2005, MetaTrader 4 forever changed the way people trade Forex and made it more accessible and user-friendly for everyone.

MetaTrader 5 was created by the same company that released MT4, MetaQuotes. MetaTrader 5 is very similar to the MT4, especially in terms of its design. Although MetaTrader 5 is a newer version and includes several updates, MT4 still remains to be more popular one.

Although MT4 is originally not available on Mac devices, AvaTrade’s version of MT4 can be downloaded on Mac OS.
Our review of AvaTrade also shows that the broker offers traders access to the WebTrader, which is a browser-based trading platform that can be used directly from the browser without the need of downloading anything.

Mobile trading at AvaTrade review

Mobile trading has become very popular in recent years among traders. There are millions of people trading Forex using their smartphones every single day. Mobile trading is especially popular among those who are always on the go and have a hard time sitting in front of their computers the whole day.

The AvaTradeGo applications offer you the ability to trade on the move. It offers traders a very simple and friendly interface, with advanced trading features and charts. The AvaTradeGO application is a mobile version of MT4 and can be downloaded on iOS as well as Android devices.

Deposit and withdrawal options at AvaTrade

Our review of AvaTrade FX broker shows that it offers traders a wide selection of convenient payment methods. The broker accepts deposit methods such as credit cards and wire transfers, as well as e-payments such as Skrill, WebMoney, as well as Neteller. However, keep in mind that the available deposit methods for you might be different depending on your location.

In order to make sure that you are able to withdraw funds from your trading account at AvaTrade, you will have to make sure that your account has been verified and confirmed. Verifying your identity and account is one of the requirements of the regulatory bodies that AvaTrade follows and it is also required to strictly follow the KYC, also known as the Know Your Customer policy.

So, is AvaTrade a legit Forex broker?

After reviewing the services that AvaTrade offers, we were able to find out that it is a legit Forex broker. Established in 2006, AvaTrade managed to become one of the leaders in the Forex trading world. Over the years, the broker was able to gain licenses from leading regulatory agencies around the world.

In addition, it has won numerous awards for the services that it offers to traders. With more than 1250 available assets, AvaTrade has something for every type of trader. Because of all the things that we have discussed throughout this guide, we recommend AvaTrade to our readers.