AvaTrade, formerly known as AvaFX, is part of Ava Capital Markets Ltd based in Dublin, Ireland. AvaTrade has been specialized in facilitating online trading in forex, commodity CFDs, stocks, ETFs, indices and more since its inception in 2006. The change of name from AvaFX to AvaTrade took place in April 2013 along with the site move from www.avafx.com to www.avatrade.com, but does not change the legality element.
In carrying out its activities, AvaTrade has been licensed by a number of leading regulatory bodies, including the Central Bank of Ireland, ASIC Australia, and JFSA Japan. In addition, AvaTrade is registered in the British Virgin Islands and regulated in South Africa. The license granted by the Central Bank of Ireland is in line with the official rules and standards in force in the European Union (Markets in Financial Instruments Directive/MiFID). Thus, the safety of customer funds is guaranteed because they follow the strict requirements of financial institutions in the European Union.
Since its founding in 2006, AvaTrade has undergone many evaluations and awards in the financial field. They received the "Best Affiliate Program" and "Best Trading Experience" awards from FXDailyinfo.com in 2017-2018, "Best Broker Forex", "Best Broker: most Reliable", "Best Trading Experience" from FXEmpire, as well as a series of other awards from The European, Africa Expo Financial Awards, JFEX Awards, and Forextraders.
Over its 11 years of existence, AvaTrade has a positive track record in the online financial industry. As of December 2019, there are 250+ forex trading instruments that can be traded. The trading website supports more than 20 languages, making it comfortable for traders from all over the world to use.
The uniqueness of AvaTrade is the availability of various trading applications to support client activities. In addition to the popular MetaTrader4 and 5 trading platforms, the company's self-developed AvaTradeGO is also available. For clients looking for automated trading facilities, Auto-trading software is also presented which can be used as needed. AvaTrade's automated trading feature is called DupliTrade and can be accessed by placing a minimum deposit of 2,000 USD. Apart from DupliTrade, there is also a copy-trading service available through Zulutrade which can be enjoyed with a minimum deposit of 500 USD.
|Broker type||Market Maker|
|Website||Click here to visit AvaTrade's official site|
|Company||Ava Capital Markets Ltd|
|Founded On||2006 (changed name from AvaFX to AvaTrade in 2013)|
|Regulators||Central Bank of Ireland (License No. C53877), ASIC Australia (License No. 406684), JFSA Japan (License No. 1662), South Africa (FSP 45984).|
|Customer service||email, phone, and live chat 24/7 during trading hours (Sunday 21:00 GMT-Friday 21:00 GMT). International telephone number +1-212-941-9609|
|website language||English, Spanish, French, Italian, Dutch, Portuguese, Chinese, Korean, Japanese, Arabic, and Russian.|
|Deposits And Withdrawals||Bank Wire, Credit/Debit Card, Paypal, WebMoney, Moneybookers (Skrill), Neteller|
|Trading platforms||AvaTrade provides two types of platforms: MT4 and AvaTrader, respectively in the form of Software for Desktop, Webtrader, Android, and iPhone App. Apart from that, AvaOptions is also available.|
|Trading instruments||Over 50 forex pairs, commodity CFDs, stocks and indices, gold, silver, oil, Bitcoin, Litecoin, and more.|
|Spreads||There are fixed and floating spread options starting from 0.8 pips.|
|Minimum initial deposit||100 USD|
|leverage||Up to 1:400|
|Minimum Lots||0.01 Lots|
|Copy Trading||✔️, available Mirror Trader, MQL5 Signal Service, Signal Trader, ZuluTrade, and AvaTrade API|
|Zero Spreads Account||❌|
Advantages of Trading at AvaTrade
- Refer a Friend Bonus
In this program, all AvaTrade clients can invite their friends to register and deposit to trade at AvaTrade. Depending on the size of the deposit made by the friend can get a bonus of up to 400 USD every time someone is successfully invited.
- Autochartist Free Signals
Gold, Platinum, and AVA Select account holders can get free analysis and trading signals from Autochartist. Autochartist is a forex analysis tool that is able to automatically detect the formation of chart patterns and provide notifications (alerts) when potential trading opportunities arise.
Complete And Support Various Trading Styles
AvaTrade can be said to be a very complete broker and supports various trading styles. Not only does it allow trading by hedging, scalping, and using expert advisors (EA), but AvaTrade also allows OCO Orders and AutoTrading on various automated trading system providers.
Advanced And Flexible Technology
In terms of technology, AvaTrade provides many platforms that allow traders to trade using a laptop (desktop) or mobile. Plus, the free availability of the Autochartist tool is a huge support for both novice and experienced traders as it makes it easier to find trading opportunities without having to stare at charts all day.
Licensed by a Number of Credible Regulators
In terms of regulation, this international broker is also superior because it has many reputable brokerage licenses. Thus, even tens of thousands of dollars in deposits can be guaranteed safely.