AvaTrade, which was created back in 2006, offers forex broker trading services in approximately 150 countries all around the globe. AvaTrade is a fully licenced and regulated trading firm in Europe, BVI, Japan, South Africa, and Australia. However, clients from the US and Belgium are not accepted by this company.
Your capital is at risk.
Unique Features with AvaTrade
One of the features offered by AvaTrade that stands out is the rich variety trading package that comes alongside with the trading software itself. More specifically, Forex market veteran strategies and API's that are normally sold for hundreds of monetary units in the market are included for free.
Trading infomation and featured eligibility
The minimum starting deposit that is required by AvaTrade is $100 while the maximum leverage is 400:1. Other than the availability of instant deposits through well-known credit cards, AvaTrade accepts wire transfers and investments through NeTeller, Paypal, WebMoney and Moneybookers. Finally, with Avatrade's debit card, customers can make withdrawals with no bureaucratic paperwork delaying the procedure.
Trading Software
The software packages available with AvaTrade are: The Zulu trade system, AvaTrade's own Autotrader System as well as a qualitative variety of API's that allow customization solutions from scratch. Note that this advantage is available only with AvaTrade.
All of the aforementioned software packages are user-friendly and take into consideration both amateur and professional traders.
Competent support for every trader
AvaTrade has created their software packages to provide the client with the necessary freedom and flexibility to meet every customer's unique requirements. However, on the rare occasion where problems or queries may arise expert representatives of AvaTrade, that speak approximately 12 different languages, will be available to resolve any issues swiftly.
AvaTrade's customer support is available 24 hours a day, for 5 days per week and can be reached either through their live chat, their e-mail or even through their phone number.
Safety for all
AvaTrade is a subsidiary of a holding company with more than $16 billion in market capitalization. Although this may appear uncommon to the client's eye, note that AvaTrade is bound to strict and extensive EU regulations regarding its financial interactions.
Notwithstanding, the high-quality standards in data encryption, and server security, AvaTrade deemed necessary to hire IT professionals as well. This decision was taken to ensure that its Information Technology qualitative services will remain functional and updated in case of any developments occurring in the rapidly blooming world of IT.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
One of the best brokers for CFD trading. You get an individual account manager who you can call at any moment. They offer valuable tips and at Christmas I even get a personal gift sent to me. This individual contact is a reason for me to stay with Avatrade.
The software looks a bit outdated but works brilliantly, Avatrade is my favourite broker in part thanks to the low transaction fees. Leverage is offered at 1:400 which means you can earn a lot of money quickly. I started with a demo account and learned the tricks of the trade first. I kept this up for about 6 weeks before I put my first 100 euros down. The mobile app works nicely and doesn't freeze like with other brokers.
Been a customer for 7 years with Avatrade. Regularly put in money and request payouts when I reach 50% profit. Usually receive payment within 3-4 working days on my account. A shame they stopped with the bonuses, which used to be a nice earner. I actually asked about this and due to new legislation they aren't allowed to offer transaction bonuses, even including new customers. This is apparently also the case with other brokers.
I can't even get my profit transferred to my PayPal account. Now it has to be via bank transfer and they require all sorts of documents. What a bad company this is.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.