top ten broker

AvaTrade, previously known as Avafx, is a reputable regulated forex broker, operating for more than 10 years and providing user-friendly online trading experience in Bitcoin, commodities, equities, exchange traded funds, bonds, indices and forex since 2006.

Regulated by Central Bank of Ireland, ASIC and Financial Services Commission of British Virgin Islands, Avatrade brings you over 250+ instruments, 2 million transactions, over $60 billion total value per month, minimum deposit of $100 and MetaTrader 4 platform, AvaTrade is a top pick among beginners and advanced traders.

AvaTrade has been granted by numerous awards in forex industry including “Best Forex Broker 2016”. Below are several of the titles AvaTrade has received within the past 3 years.

avatrade awards reviews

Open Trading Account with AvaTrade

Accounts Types

Practice makes perfect. Before trading with real account, take advantage of the free demo account with $100,000 virtual money. The practice account is equipped with all the features of a real live account. Once you have worked out your trading style, you can easily switch to live trading.

Payment Methods

Minimum deposit requirement is $100.  Maximum leverage is 100:1. Payments are processed via credit cards, wire transfer, Paypal, Neteller, Skrill and Webmoney. There is also an option to register for Ava Debit Mastercard – for more information, visit the broker’s website. 

Trading Platforms

AvaTrade offers several platforms both automated and manual, creating opportunities for every type of trader.

Ava Trader

The fully customizable trading platform with user-friendly interface and advanced single-click trading capabilities.  Forex, Commodities, Indices, Equities and Bonds can be viewed simultaneously from one screen. Advanced charting and market analysis are at your fingertips.

Simple yet very powerful trading platform, suitable for traders with any level of experience. The platform provides high quality comprehensive interface with all the necessary features to make your trading successful and comfortable.

AvaTrader allows the user to open several worksheets, save the data and the layout based on your trading style and preferences.
The windows on the main page show all the essential information for trade:

Dealing Rates

Dealing Rates Table

Open Positions

Orders

Account Information

Chart

MetaTrader 4

AvaTrade supports MetaTrader 4 platform, the favored option among experienced traders with full capabilities of high class features.

MT4 allows you to generate custom trade strategies, indicators, automated strategies or trading systems and scripts. Expert advisors can analyze the situation on the market, make decisions, put pending orders, and open positions in on-line mode without trader's participation.

MT4 Floating Spreads

Trade Forex, Commodities, Stocks and Indices with Ava’s MetaTrader 4 Floating Spread platform. The customizable and powerful features include advanced charting options, with low spreads straight from the interbank market.

AVAOptions

Welcome the newest addition to the trading platforms – AvaOptions. Add binary option trading to your portfolio to maximize your investment profit.

Automated Trading

AvaTrade brings wide range of automated trading features such as Mirror Trader, Ayondo, Currensee and ZuluTrade. The auto-trading software allows you to copy the trades of other experienced Forex traders and keep trading up and running even when you are away from the computer.

Mac Trading

Web-based Mac platform brings you all the financial markets to the tip of your fingers. The platform is constantly improved and enhanced to bring the fastet possible execution time. The platform is available from the AvaTrade website. Just login and start trading right this moment!

Web Trading

Never miss a trade again when you are not next to your computer. The web platform is there to save the day. You can check the open trades and make new ones anywhere you are, as long as there is the internet connection. The web-based platform has full capability of the desktop AvaTrader and is very useful for all the traders on the go.

Mobile Trading

AvaTrade offers mobile trading. Now you can trade instantly and effectively on the go using your mobile device.

The benefits of mobile trading are countless, including ability to access the market 24 hours a day, check out live prices and charts, read market analysis and breaking news, place trading orders on the go and edit the current orders.

Promotions and bonuses

 Welcome bonus is given out for new account owers upon registration and first deposit. Varying from $100 to $10,000 the bonus is a great way to get a boost.

Trading Conditions

Spreads

There is a selection of fixed and variable spreads, with spreads starting from 1.0 pips on majors.

Instrument

Spreads (Floating/Fixed)

AUD/CAD

3.5/6

AUD/CHF

3.1/8

AUD/JPY

1.9/5

AUD/NZD

5.6/8

AUD/USD

1.8/4

CAD/CHF

4.2/5

CAD/JPY

2.3/6

EUR/AUD

3.4/6

EUR/CAD

4.8/5

EUR/USD

1.0/3

Order Types

The variety of order types are available including market orders, limit orders, entry stop and entry limit orders, stop orders and trailing stop orders.

Lot Size and Leverage

Minimum lot size is 1,000 units of currency.

Leverage is up to 400:1 with minimal margin requirement of 0.5%. 

Support

AvaTrade support team is outstanding. There is multilingual representatives available 24/5, ensuring professional assistance to the traders. Support is available via email, social media, online chat and phone.  

To summarize our review of AvaTrade, below are our favorite features of the broker:

Large selection of trading platforms both manual and automated

Heavily regulated broker

Fixed and floating spreads available

Wide variety of educational articles, webinars, daily market analysis

Convenient payment options including Skill and Paypal

Minimum deposit requirement of just $100

Flexible trading conditions

Ava Select VIP club for exclusive trading benefits fo traders with deposit of $100,000 and above

Open Trading Account with AvaTrade

Have you traded with AvaTrade? Share your experience by writing a review below.

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