AvaTrade was established in 2006 as one of the forerunners of the online trading industry. Since their inception, they have served hundreds of thousands of clients across 150 different countries. They have a huge array of regulations across the globe, which include CySEC, ASIC and FSCA.
AvaTrade puts its clients at the heart of everything it does by offering an ever-expanding selection of trading tools, over 1200+ assets and growing, the leading platforms, including MT4,WebTrader, and excellent customer service staff. AvaTrade offers very generous trading conditions and low spreads.
Is AvaTrade Trustworthy?
Absolutely. They are voluntarily regulated across six different continents, which makes them one of the most highly regulated online brokers in the market today. Their list of regulation memberships include:
- AVA Trade EU Ltd is incorporated in Ireland and is regulated by the Central Bank of Ireland. (Reference No.: C53877)
- DT Direct Investment Hub Ltd. is regulated by the Cyprus Securities and Exchange Commission (No. 347/17)
- Ava Capital Markets Australia Pty Ltd is licensed in Australia by the Australian Securities & Investments Commission (License No.: 406684).
- Ava Trade Ltd is a registered financial services company in the British Virgin Islands and is fully licensed and regulated by the British Virgin Islands Financial Services Commission (No. SIBA/L/13/1049).
- As of 2016, AvaTrade is part of the South African market under the name ‘Ava Capital Markets Pty Ltd’. Regulated by South African Financial Sector Conduct Authority (FSCA No.45984).
- AvaTrade is further regulated in UAE, Japan and Canada.
They have 14 offices globally and around 300 employees. Their customer support is available in many languages and offers dedicated support for new and more experienced traders. This is a stable company that appears to be expanding, which is a testament to its trustworthiness.
AvaTrade’s main account allows clients to deposit anything from $100 | €100 | £100 | zł400 using a credit card, wire transfer or a huge selection of other deposit methods. It is free to deposit and withdraw. They offer a leverage of up to 30:1 for EU clients, and professional clients can get up to 400:1 leverage. Retail spreads for the EU start as low as 0.90 on the benchmark EUR/USD. They also offer spread betting to their UK and Irish clients.
Finally, they offer a demo trading account, which is active for 30 days and gives full access to AvaTrade’s array of products.
AvaTrade offers the trading of over 1200 assets, which covers Forex pairs, commodities, popular stocks, bonds, Vanilla options, ETFs and Cryptocurrencies.
Trading can be conducted through MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade and WebTrader. They also offer a social trading app called AvaSocial, which allows traders to copy the trades of other traders, share ideas and chat with their community and peers. Additionally, they offer an Award Winning AvaTradeGO mobile app, which offers a seamless trading experience through the smaller screen of the mobile, with charting, Trading Central and AvaProtect, their risk management tool. This tool that protects traders from losing trades if they pre-set it as they are opening their position is available through their WebTrader and mobile app. The WebTrader is suitable for newcomers to the trading markets due to its simple and highly usable format and interface as well as for more advanced traders due to the range of tools and in-depth charting available.
Education and Resources
AvaTrade offers daily technical and fundamental analysis, created by their in house Chief Market Analyst, trading notifications of interesting market moves and regular live videos based on key market events and assets. In terms of education, they offer a wealth of resources on the website, which includes articles, videos, eBooks and more.
AvaTrade offers a huge variety of assets on a selection of platforms. The broker is reasonably priced, enjoys superior execution and takes an extremely professional approach to its traders. AvaTrade, which is one of the most regulated brokers you are likely to come across, is well worth trading with, in our opinion.
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