As one of the largest and most respected online brokerages in the world, AvaTrade accepts clients from a huge range of regions, and accepts trading accounts in a variety of currencies. Range of assets– There is a massive array of assets to choose from, which makes this brokerage great for day traders who are just beginning or seasoned veterans. EToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. IC Markets – Trade Forex on 0.0 pip spreads with the world’s leading True ECN forex broker – IC Markets. Indices, Bonds, Stocks, ETFs & Commodities – Traders of AvaTrade enjoy the highest of leverage along with very competitive and low spreads for trading these financial assets.
AvaTrade keeps things simple with their accounts by offering only two account types to most traders. Standard accounts can be opened with as little as $100 using credit cards or with $500 via wire transfer. Spreads are competitive at Avatrade, and they are constantly working to reduce them further. Particularly in the crypto market, the firm have made huge strides. Just recently spreads on cryptocurrency trades were slashed by 50% – but an announcement has revealed they have been trimmed by another third. As brokers gain confidence in the liquidity of the markets, they can be braver with spreads.
Trading Accounts Offered
Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms. Withdrawals – Traders can withdraw their funds via the same methods used for deposits. Withdrawal requests will take up to 5 business days to process. Once processed, withdrawals will be completed as soon as the methods allow them to be completed.
Users can opt to manually trade on market signals or to follow a fully automated service. 24/7 trading is available on forex, stock, crypto and commodities markets. Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT479% of retail accounts lose money with this provider.
Avatrade Day Trading Tools
The minimum initial deposit for opening up an account is only $100. AvaTrade offers excellent customer support via several multilingual options. The options include live chat, email, FAQ page, social media, fax and through telephone. Trading Tools– AvaTrade has an abundance of features bdswiss broker dedicated to successful day traders. One of their most impressive features is their automated trading software bundles which is exceptional for day trading. The company now has four offices around the world, located in Japan, Australia, Ireland, and the British Virgin Islands.
AvaTrade is a leading international forex broker, and are part of the AVA Group of companies. Being founded in 2006, AvaTrade is one of the oldest online brokerages. Our review details the trading platforms, mobile app, deposit methods, and MT4 integration. From Bitcoin to vanilla options, whatever you want to trade, see if Avatrade will suit you. AvaTrade clients can also download the broker’s social and copy trading platform – AvaSocial. Available on iOS and Android devices, the mobile app lets clients replicate the trades of successful investors.
- There is a whole section on their website dedicated to educating their traders.
- Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions.
- AvaTrade clients can also download the broker’s social and copy trading platform – AvaSocial.
- In Australia, the broker is licensed by the ASIC under license #406684.
The new options trading platform reduces the complexity of vanilla options and opens up a range of opportunities for those curious about using the product. » Visit Top 79% of retail accounts lose money with this provider. Offering a huge range atfx review of markets and 6 account types, they cater to all levels of trader. FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms. Pepperstone – Pepperstone offers CFD trading to both retail and professional traders.
AvaSocial is also an excellent social trading platform. Users can interact with other traders via community channels and ask questions on specific strategies, find buyaladdin out more about crypto markets, or seek out a trading mentor. Options – Avatrade have made trading options accessible for traders of all experience levels.
AvaTrade is most definitely a reputable firm, being regulated by several authorities from around the world. All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Daytrading.com may receive compensation from the brands or services mentioned on this website. Different withdrawal methods can sometimes take longer for funds to actually clear however. Deposits can be made through credit cards , Bank Wire Transfers, and numerous forms of E-Wallets such as Paypal, Skrill, NETELLER and WebMoney.
Articles About Avatrade
The fastest method of withdrawal is by using the Ava Debit Mastercard, which traders can apply for once signed up for an account. Deposits – AvaTrade offers their clients a variety of deposit options. Traders may fund their accounts with credit cards , Bank Wire Transfers, and numerous forms of E-Wallets such as Paypal, Skrill, NETELLER and WebMoney.
Are Avatrade Regulated?
In Australia, the broker is licensed by the ASIC under license #406684. Compare Avatrade with any other broker by selecting the other broker below. An Avatrade account can be opened with $100 (or £100 or €100). The firm have also now opened up the market in Canada via a collaboration with Friedberg Direct. Friedberg Mercantile Group Ltd. is headquartered at 181 Bay St., Suite 250, Toronto, ON M5J 2T3, Canada.
This list of brokers like Avatrade is in order of similarity and only includes companies that accept traders from your location. Education – AvaTrade has an exceptional education center. It may be the best one we’ve ever seen, complete with videos, eBooks, tutorials, glossaries, and more. There is a whole section on their website dedicated to educating their traders. As well, the whole site in general is very informative for day traders. Choosing a forex broker that is regulated by a reputable regulatory agency is of the utmost importance, for regulated status helps to ensure a company’s trustworthiness and competence.
Types Of Trading Platforms Available
Higher leverage may be possible with a professional account if traders are based in Europe. The brand is regulated around the world, including in Europe, Australia and South Africa. If you are looking for alternatives to Avatrade we have compiled a list of the top 5 brokers that are similar to Avatrade below.
In Europe, the broker is regulated by the Central Bank of Ireland under license #C53877. Leverage at Avatrade will vary by asset, and the Country of origin of the trader. The support offered is prompt and informative from local customer support representatives. The recent partnership in Canada for example, gives customers access to customer services of locally based Friedberg Direct. In Japan, the broker is licensed by the FSA under license #1662 and the FFA under license #1574.