AvaTrade Review

With its professional approach and customization for all types of users, AvaTrade offers a wide range of products and services. A personalized trading platform makes the trading experience revolutionary by providing everything you need to succeed.

AvaTrade was founded in 2006 and today is known as one of the best online forex brokers with over 250,000 registered users and more than 2 million executed transactions per month. They offer a personalized platform that provides its users with an unforgettable shopping experience, and with an enviable assortment of educational material, they make their products available to almost everyone.

Traders can leverage their own investments with the many educational resources and tools available on AvaTrade. AvaTrade has a range of services combined with innovative and reliable platforms for mobile and online trading. You can follow the latest financial news, read up on market analysis and track changes so you're ready to act in real time. AvaTrade is part of the Ava Group, which is licensed in several countries, including Ireland, Australia and Japan.

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Types of Accounts

As with most, AvaTrade also offers its users two different types of accounts - Real Account and Demo Account. With a demo account you can trade in the same way as with real but with virtual money, building knowledge and experience without the risk of losing money. When you think you're ready for the real thing, four types of real accounts are available: Silver, Gold, Platinum and Ava Select

Platforms and Design

AvaTrade highlights a selection of trading platforms that include MetaTrader 4 and their own downloadable Avatrade platform that focuses on advanced charting and lots of fresh news. The MT$ does not need much explanation as it is known as the standard in this industry and is very flexible for new traders. Also, they offer Webtrader, a mobile and automated trading system that includes Mirrortrader and ZuluTrade, which is capable of unintentionally emulsifying traders from skilled traders. AvaTrade has done a great job designing the platform. At first, the design of the advanced interface looked a bit intimidating especially for those who have not used the platform yet, but after a while you realize that it is very well organized and very "friendly" for users. As everything needed on the interface is very well organized, it is so easy to see open positions, prices, tables and other things that an individual needs on one screen.

Payments and withdrawals

AvaTrade require a minimum deposit of 100$ which is significantly lower than most which is great news for new traders great news for new traders as they don't need to invest large amounts of money and put their capital at risk. Each transaction goes through a series of security checks through a sophisticated SSL system and is processed in a minimal time frame. Deposits of funds to an AvaTrade account do not present any obstacle; in addition to standard credit and debit cards, there are Wire transfers and several E-payment methods.

Available Products

When you have a broker that covers a wide range of assets, there is no doubt about its advantages as it increases the probability of making a profit. AvaTrade has more than 250 instruments including CFDs, Cryptocurrencies, Stocks, Currencies, Indices, Treasuries and Bonds. From AvaTrade cryptocurrencies are here BitCoin, Ethereum and LiteCoin.

Support

It's always nice to do business with someone who is reliable and quick to provide support in case things go wrong or if you have any questions you need answered. You can contact Avatrade by phone, email or chat. The fact that they assign a personal manager for their clients' accounts speaks for itself. Special praise goes to the staff, who are extremely polite and professional and solve all problems with enviable speed.

Reputation

Founded in 2006, AvaTrade is one of the pioneers of online trading. In their business, they have gained a more than respectable status, they meet the highest standards, and with their now over 200,000 registered users, they have managed to penetrate all the important markets of today. In addition, they are decorated with many positive comments, mostly for transparency, professionalism of the staff and functionality.

Conclusion

Everywhere you look AvaTrade exudes professionalism and reliability. Satisfied users around the world have nothing but praise for their products and services, from personalized platforms to extremely polite and professional staff. However, as AvaTrade is a broker that is more focused on the wider global market, when it comes to the local area, they are still significantly behind the brokers on our list of the best brokers.

Positive

Reputation
Minimum Deposit
Professionalism
Support

Negative

less currencies compared to others
not for beginners