AvaTrade Trading Broker Review
Regulated By: CBI, FCA, ASIC, FSB,
FSC
Headquarters: Ireland
Ranking: 36
Spread: 1.7 pips (EURUSD)
Leverage: 400:1
Minimum Deposit: $100
AvaTrade Review & Author's Comment
AvaTrade Review & Author's Comment
You would like to trade forex and you like to have the opportunity to hedge your spot trades with put/call options as well. On the top of that, you are planning to invest in stocks like Apple, Amazon, Microsoft, etc. Cryptocurrencies such as Bitcoin have been getting more and more popular recently and you like to try those too.
You wish to trade all those instruments and you would like to have them all in one broker, right? AvaTrade gives you all of them. AvaTrade is probably one of the best forex brokers all around the world when it comes to the range of instruments offered. In addition, they are regulated by reliable institutions such Central Bank of Ireland and ASiC.
However, following the warning from Canadian regional regulator FCAA against AvaTrade, I had to downgrade the company on reliability department, thus the overall rating.
| Broker Detail | |
|---|---|
| Adress: | Five Lamps Place, Amiens Street, Dublin 1, Dublin, Ireland |
| Phone: | +357 25 500700 |
| Web: | |
| E-Mail: | [email protected] |
| Regulator: | Central Bank of Ireland (Reference No C53877), ASiC (License No 406684), FSA Japan (License No 1574), FSB South Africa (License No 45984), FSC British Virgin Islands. |
| Year Founded: | 2006 |
| Instruments | |
|---|---|
| Forex: | |
| Precious Metals: | |
| Energy: | |
| Soft Commodities: | |
| Indices: | |
| CFDs: | |
| Stocks: | |
| ETFs: | |
| Bonds: | |
| Options: | |
| Cryptocurrencies: | Bitcoin, Litecoin, Ethereum, Ripple |
| Account Options | |
|---|---|
| ECN Account: | |
| Swap-Free Account: | |
| Nano Account: | |
| MAM / PAMM Account: | |
| Demo Account: | |
| Funding Methods: | Wire Transfer, Credit Card, Bitcoin, Paypal, Neteller, Moneybookers, Web Money, Giropay |
| Withdrawal Methods: | Wire Transfer, Credit Card, Bitcoin, Paypal, Neteller, Moneybookers, Web Money, Giropay |
| Customer Services | |
|---|---|
| Live Chat: | |
| 24 Hours Support: | |
| Languages: | Arabic, English, Finnish, French, German, Hungarian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Swedish |
| Bonus |
|---|
| AvaTrade assist you to fulfill all your trading goals with a dedicated account manager at your side and up to 25% welcome bonus. |
| Trading | |
|---|---|
| Leverage: | 400:1 |
| Spreads: | 1.7 for EURUSD on Standard account |
| Minimum Deposit: | $100 |
| Fixed Spreads: | |
| Automated Trading: | |
| Hedging: | |
| API Trading: | |
| Negative Balance Protection: |
AvaTrade Forex Review
AvaTrade Review
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Reliability - 3.5/103.5/10
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Deposit & Withdrawal - 8.3/108.3/10
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Bonus - 6/106/10
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Customer Support - 8.3/108.3/10
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Overall Trading Conditions - 9.6/109.6/10
Summary
Wide range of trading instruments including options, bonds, ETFs and cryptocurrencies. Tradig bonuses available. High spreads. Canadian regulator FCAA issued a serious warning against AvaTrade. Thus, reliability is damaged.
I am a learner for CFD trade, I have been trading in Avatrade for four months, as long as I am satisfied. trades execute smoothly and fast. I want to try to withdraw money in several days. If something goes wrong, I’ll write my comment about it here.
good to see a wide choice of assets here and a demo account is also an advantage though i do not need it. I prefer brokers offering different beneficial promotions and here there are no interesting bonuses except deposit bonus. here a lot of pairs are available and the minimum deposit is quite low– 100usd. in general, the website is easy to cope with in particular for the beginners. very good brokrer.