AvaTrade was launched in 2006, is among the top Forex brokers in the world with offices in New York, Dublin, Sydney, Milan, Tokyo and other places.
AvaTrade is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union. The Financial Services Commission (FSC) in Japan, as well as the B. V. I Financial Services Commission in the British Virgin Islands is also regulated by ASIC in Australia.
It is a standard account with AvaTrade and it only requires a $100 minimum Deposit. Leverage is offered at 1:400. AvaTrade both fixed and variable, or floating spreads from 0.9 pips. In fact, AvaTrade’s spreads are among the most competitive internet-broker.There are many types of orders at AvaTrade, including market orders, Limit orders, Entry Limit, Stop Loss orders, Entry Stops and Trailing Stops. Advanced orders– IF-Done orders and One Cancels other orders are also available.
Customer funds are held in separate accounts for increased security. Hedging is allowed, is spread betting. Spread betting is tax free trading, which involves long or short spread bets on more than 200 different financial instruments with leverage of up to 400:1. Spread betting on the popular MetaTrader 4 platform, and can be done through a live or a demo account.
Spread betting is exclusively for retailers in the UK and Ireland.
I was pleased to see, if this AvaTrade review, that a 21-day demo-account for traders who are just getting started in Forex trading.
AvaTrade was one of the first Forex Broker to introduce CFD trading on commodities, indices and stocks. There is also the nose was up front with the introduction of digital currency, trade, the granting of access to the Bitcoin market to normal retail traders.
AvaTrade also offers complete transparency in relation to their trading conditions, something we found very refreshing.
They also offer some unique features not typically offered by other brokers. With their CFD-Rollover-function, AvaTrade swaps a matured contract price with a new one before the old contract expires and adjusts the difference in price between the 2 underlying contracts. Access to Trading Central charting tools for depositors of over $1000 and free withdrawals.
The website is easy to navigate and clearly laid out, with tabs. It is available in English, French, German, Italian, Spanish, French, German, Portuguese, Arabic, Russian, Japanese, Chinese, Taiwanese.
New customers opening an account in AvaTrade you will receive a very generous Deposit bonus starting at $40 for a $200 Deposit and go up to $10,000 for a $50,000 Deposit.
In addition, there is a unique program, the Ava Select program awards, the customer, a single Deposit of at least $100,000 or those that over 100,000 US-Dollar-trade volume with a variety of special offers tailor-made educational programs, and Express withdrawal approvals, a dedicated Ava Select hotline, customer-specific conditions and services, and other special gifts.