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AvaTrade Review

Minimum Deposit: $100 VISIT BROKER

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

AvaTrade are an industry leading, award-winning broker with an impressive 7 regulations across 6 continents. They offer a wide choice of assets, leading platforms and generous trading conditions.

Investing Brokers

March 6, 2023

Founded in 2006 and regulated in multiple jurisdictions, AvaTrade are one of the most established online brokers, winning multiple awards for their industry leading trading products and services. AvaTrade provide clients with a generous choice of over 1,250 financial instruments across different markets, including Forex, Stocks, Commodities, and Cryptos. They have a good range of advanced yet user-friendly trading platforms for you to choose from, for both desktop and mobile devices. It is quick and easy for anyone to open an AvaTrade account and start trading online with zero commission fees.

AvaTrade are trusted by traders as they are regulated in 6 continents. They have one of the most impressive selections of financial instruments for trading online without any commission fees. There is also good choice of convenient funding options for making quick and hassle-free deposits and withdrawals, without any hidden charges.

The AvaTrade platforms are easy to use, with a quick learning curve regardless of your experience level. You can choose to trade from the comfort of your home or whilst on the move via the award-winning AvaTrade app. Clients get free access to trading signals from fellow traders and powerful market analysis capabilities with the Trading Central software.

Whether you are looking to day trade or investing for the long run, AvaTrade have an excellent choice of financial products for everyone, from traditional stocks and indices, commodities to forex and cryptocurrency trading. This is great as it gives you a chance to focus on your favourite markets and also to diversify your portfolio. I can confidently say that AvaTrade have amongst the most diverse and complete offering of financial instruments from any broker that I have reviewed.

AvaTrade Instruments Summary

Commission Fees

Traders will be pleased to hear that AvaTrade do not charge any commission fees on trades. Instead, fees are already included within the spread. This means that frequent traders do not need to worry about mounting up unnecessary commission costs.

Spread Fees

AvaTrade have low spreads, starting from 0.9 pips on currency pairs and 0.13% on stocks. The spread is the difference between the buy/sell price of a particular trading instrument and is a typical fee charged by most brokerages. If they don’t charge a spread, chances are they will be taking a commission instead. As you don’t pay a commission fee with AvaTrade and they have low spreads, you can save on trading costs in the long run.

Deposit and Withdrawal Fees

AvaTrade do not charge any fees to make deposits or withdrawals to and from your trading account. This is a great advantage as there are many brokers who do charge accounting fees which can sometimes prevent clients from making transfers. With AvaTrade, the amount you request should be the amount that you see hit your account. However, you may want to check with your bank or e-wallet provider if they have any applicable fees.

Inactivity Fees

There is an inactivity fee of $50 per quarter after 3 months of inactivity. If you do not utilise your AvaTrade account after 12 straight months, there will be a further annual administration fee of $100 applied. Chances are you will either be active or have withdrawn your funds in any case so this isn’t really a big deal in our opinion. If you think you might take a break from trading at some point, then IC Markets do not charge any inactivity fees.

AvaTrade have a great choice of desktop, web and mobile trading apps to choose from. There are the industry standard MetaTrader platforms along with the brokers proprietary platforms; AvaTradeGO, AvaOptions, AvaSocial and WebTrader. All of the platforms are free to use and provide direct access to the financial markets.

WebTrader

The AvaTrade WebTrader is an innovative trading platform, designed specifically with novice traders in mind. The platform has a modern and minimalistic layout that makes for an extremely easy to use interface. Trading online doesn’t really get much easier than it is with the WebTrader. You don’t even need to download or install any software as it launches directly in your web browser. All you need is an internet connection and an AvaTrade account.

Despite its simplicity, WebTrader has all of the trading necessities, including market and pending orders, take profit and stop loss, the option to partially close your positions, view trading history and charts. Open, close and edit individual and aggregate positions at the click of a mouse.

You can view the sentiment in real time to see what other clients are trading and get push notifications on the important market moves. This is my platform of choice for minimal hassle and an enjoyable trading experience.

AvaTradeGO

The innovative AvaTradeGO lets you quickly connect to the global markets via an easy to use mobile app. You can get the latest market updates, key financial information and view social trends to help inspire potential trading opportunities. It is packed with features to ensure users get an enjoyable trading experience including an intuitive dashboard and simple charts, with trading tools for market analysis and managing positions.

With the AvaTradeGO app, you get step by step guidance on how to trade online along with built-in support, making it a popular choice for new traders. You can conveniently view and manage multiple positions and accounts from a single app. The watch list feature lets you keep an eye on your favourite markets, with an impressive range of over 250 financial instruments to trade all from within the palm of your hands.

AvaOptions

Designed specifically for trading options, the AvaOptions trading app features 13 option strategies, including spot, call, call spread, call ratio, put, put spread, put ratio, straddle, straddle, butterfly, condo, risk reversal, and seagull option strategies.

AvaOptions gives you full control over your portfolio, to easily buy and sell options via one dedicated options trading platform. You can trade forex options and other instruments, along with professional risk management tools and portfolio simulations. Expirations are available on any business day, from overnight options to one-year expiration, and at any strike price.

The AvaOptions interface is fully customisable so you can adjust the layout to something you find easy to navigate, combining charts, payoff diagrams, live risk reports, and streaming spot and options prices in any combination. I found the default layout to be perfectly fine and the app a breeze to navigate.

AvaTrade support professional money managers with full money management features that let you trade multiple accounts with one login. Money managers can execute spot and option trades for multiple accounts with one ticket, giving full control to professional traders.

AvaSocial

The AvaSocial app lets you automate the trading process by copying trading signals from other traders. Social trading is a popular way of investing for beginners who do not have the time or knowledge to trade by themselves. You can learn from experienced traders, gain valuable market insights and choose the strategies that you would like to follow.

MetaTrader 4

Developed by MetaQuotes, the MetaTrader 4 trading platform is a popular choice for trading forex and contract for differences (CFD) online. With MetaTrader 4, traders can analyse financial markets, perform advanced trading operations, run trading robots (Expert Advisors) and copy deals of other traders.

The MT4 platform supports three trade execution modes, including Instant Execution, as well as 2 market, 4 pending and 2 stop orders and a trailing stop function. Quick trading functions allow sending trading orders straight from the chart with one click. The built-in tick chart feature provides an accurate method for determining entry and exit points. With the feature rich functionality of MetaTrader 4 you can implement various trading strategies in the great range of markets that AvaTrade offers.

The MT4 platform provides a wide range of analytical opportunities. Each trading instrument can be displayed in 9 time-frames, allowing traders to see the price dynamics in closer detail. The platform has 30 built-in technical indicators and 24 graphic objects which are available for conducting comprehensive analysis of the underlying price dynamics. Users can combine these tools to identify trends, determine entry and exit points and analyse market movements to catch the best time to trade.

MetaTrader 4 is equipped with an impressive set of advanced trading and analytical features. The platform provides a user-friendly interface to help you easily understand all functions and operation principles. You will only need a few minutes to get started with the platform. In addition, it includes a detailed User Guide that contains answers to any questions you may have.

MetaTrader 5

MetaTrader 5 is a multi-asset platform that offers superior tools for comprehensive price analysis, use of algorithmic trading applications (trading robots) and copy trading. MT5 is the successor to the aforementioned MT4 platform. Whilst it maintains a very similar layout, it has some improved features and capabilities. For instance, MT5 supports more order types and timeframes whilst it has additional technical indicators and analytical tools.

MetaTrader 5 delivers a powerful trading system with the Market Depth and a system of separate accounting of orders and trades. It supports both order accounting systems: the traditional netting system and the hedging option system. Four order execution modes are available to meet various trading objectives: Instant, Request, Market and Exchange execution. The platform supports all types of trade orders, including market, pending and stop orders, as well as trailing stop. With such a diversity of order types and available execution modes, traders can use any trading strategy for successful work on the financial markets.

The platform represents the all-in-one concept and offers impressive analytical tools. It allows opening up to 100 charts of currency and stock quotes at a time. The 21 timeframes available enable comprehensive detailed analysis of all minor price movements. More than 80 technical indicators and analytical tools, including graphic objects, provide detailed analysis of quote dynamics. News reports from international news agencies are broadcast directly into the platform, providing you with the essential financial information.

You will also find plenty of additional tools in the MQL marketplace to improve the overall functionality of the MT5 platform. There is a large trader community who share tools, signals and ideas. Choose from hundreds of free and paid signals available for demo or live accounts with the preferred risk level and profitability. That being said, the trading platform should have more than enough built-in tools to meet the needs of even the most demanding of traders. With the Virtual Hosting, MetaTrader 5 can operate even when the computer is turned off.

DupliTrade

DupliTrade is an MT4 compatible platform, which allows users to automatically follow other users trading signals and strategies in-real time. Its user-friendly interface makes it easy to build and manage a trading portfolio based on your personal preferences, whilst gaining valuable insights on successful trading strategies.

ZuluTrade

ZuluTrade is considered by many as one of the most popular auto trading platforms used today. With ZuluTrade, you can choose to copy the trading signals of other traders and have them automatically executed in your own AvaTrade account. There is a database of traders from which you can choose those that are best for your individual goals and investing style.

AvaTrade Platforms Summary

Trading Calculator

The AvaTrade comprehensive all-in-one calculator will allow you to calculate the margin, pip value and swaps required for the instrument to function, as well as the leverage and size of the position.

AvaTrade have a good selection of research and educational resources for beginners and intermediate traders. You will find powerful market analysis tools including Trading Central along with a comprehensive collection of training materials including articles, eBooks and videos. This shows that AvaTrade are a broker who care about clients making improving their knowledge so that they can make informed trading decisions.

Trading Education

AvaTrade have an excellent collection of trading videos and trading guides covering a wide variety of topics related to trading online. You will find everything from the basic of trading to platform tutorials, market analysis and how to create a trading plan. In addition, they also have a handy trading glossary, eBook, economic indicators and trading strategies.

Trading Central

AvaTrade have incorporated the award-winning Trading Central products which deliver market insights and intelligence along with customised trading signals. This tool merges the views of their brightest minds together with automated algorithms. The product offers complex pattern recognition to identify high probability trading ideas. These are then checked and corroborated by the analysts before being released to traders. It identifies trading opportunities across hundreds of financial instruments.

You can get a daily strategy newsletter that covers both fundamental and technical analysis, delivered directly to your inbox to help you start your trading day in the right way. This newsletter includes market insights and expert opinions on market direction which can be combined with your own analysis to inspire trading ideas.

Trading Central is fully integrated into the MetaTrader 4 and 5 trading platforms, and is available free of charge exclusively for traders who make a deposit with AvaTrade. I think this is an excellent tool for finding trading signals on your favourite instruments. It can save you from hours of mundane chart analysis. You can get access to this tool through a few other brokers, including Forex.com who also have the brilliant Autochartist tool.

Key Features

Economic Calendar

The AvaTrade economic calendar enables you to stay on top of the most important news releases that can have an impact on market movements and asset prices. You can monitor economic events and data releases, understand the impact on the relevant asset and act upon the indicator by trading directly. AvaTrade also provides you with the scheduled earnings releases on a wide range of stocks.

You can filter the economic events of 38 countries by both importance or country, and you can track each of the events live, as well looking at how similar events from the past affected the asset price on the chart. The economic calendar shows the previous, forecasted and actual result of each news release. This can be a great tool when used as part of your fundamental analysis.

AvaTrade Resources Summary

AvaTrade clients can choose from an impressive selection of convenient payment methods and a streamlined process for quick and easy deposits or withdrawals, within a safe and secure environment.

You can choose between wire transfer, card payments and popular e-wallets. There are no broker fees charged for making deposits or withdrawals which is fantastic. However, you may be charged a third-party fee from your bank or alternative payment provider.

You can get funds instantly into your account if funding via card or e-wallet. The broker takes all reasonable steps to ensure that there is no delay between you placing a deposit or withdrawal request and the transaction being processed.

Keep in mind that funding options can vary for different regions and you will need to verify your AvaTrade account prior to making a deposit. This can be done easily with a proof of residence and identification document. Due to regulatory requirements, you must withdraw funds via the same method used for making a deposit.

I would like to see AvaTrade start accepting crypto payments. If you are looking to fund your account using cryptocurrency, you may want to consider another broker such as RoboForex.

AvaTrade Funding Summary

AvaTrade is authorised and regulated in an impressive 7 Regulations that spans across 6 continents. They have the most comprehensive regulator coverage of any trading brokerage firm that I have reviewed.

AvaTrade are regulated by the following regulators: Australian Securities & Investment Commission (ASIC), British Virgin Islands Financial Services Commission (BVI), Central Bank of Ireland (CBI), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA), South African Financial Sector Conduct Authority (FSCA), Japanese Financial Services Authority (JFSA) and Investment Industry Regulatory Organization of Canada (IIROC) via Friedberg Direct.

As one of the most highly regulated brokers online, AvaTrade must closely adhere to the strict regulations and compliance procedures set out by the various regulatory bodies that they are governed by. This helps to give traders peace of mind they are using a reliable and transparent brokerage firm.

AvaTrade Regulation Summary

AvaTrade Safety

I consider AvaTrade to be a very safe broker due to the fact that they have been around since way back in 2006 and that they are regulated by multiple top tier regulators. They have won numerous awards over the years for their industry leading trading products and services.

The AvaTrade customer support team are available 24/5 and multilingual, speaking an impressive 14 languages. Wherever you are located in the world, there will be someone on hand to assist you via live chat, phone or email. There is also a useful help centre on the website that covers some of the most commonly asked questions which may answer your questions. I have always received excellent support from AvaTrade in the many years that I have held an account with them.

AvaTrade are by far one of the best CFD brokers that I have had the pleasure of reviewing. This is due to many factors, including the strict regulations that they have in place, the huge choice of financial instruments and award-winning trading platforms. It takes just a few minutes to open an account with them whilst there are quick and easy funding options with no fees. Trading conditions include very competitive spreads, rapid execution speeds, zero commission fees and social trading signals. Clients also get an abundance of educational resources and handy trading tools such as Trading Central. All this is backed with excellent 24/5 multilingual support.

AvaTrade Review

Minimum Deposit: $100

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