- Negative balance protection
- Competitive Spreads at just 0.8 pips
- Up to 500:1 leverage on currency pairs
- High quality educational materials and daily market analysis
- Best in class customer service – 24/5 multi-lingual live support
- No stop-loss
AvaTrade Review 2022
Reviewed broker: AvaTrade (previously known as Avafx)
Established in 2007
AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877).
AVA Trade Ltd is regulated by the B.V.I Financial Services Commission.
Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684).
Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA No.45984).
Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (License No.: 1662), the Financial Futures Association of Japan (License No.: 1574).
Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA) (No.190018).
DT Direct Investment Hub Ltd. is regulated by the Cyprus Securities and Exchange Commission (No. 347/17).
ATrade Ltd is regulated in Israel by the Israel Securities Authority (No. 514666577).
Operated by AVA Trade EU Ltd
USA traders are not accepted
AvaTrade Trading Conditions and Features
AvaTrade, the world’s leading forex & CFD broker, is proud to partner with Manchester City. Trade on 250+ instruments including 24/7 cryptocurrency trading including Bitcoin.
Trading instruments: Crypto including Bitcoin, commodities, equities, exchange traded funds, bonds, indices
Forex market is the world’s most traded market with a daily trading volume of $5 trillion USD.
Compared to pricing leaders such as Octafx and Liteforex, AvaTrade ranks Best in Class for Commissions and Fees in 2022.
Why Trade Forex with AvaTrade?
- Trade with confidence – AvaTrade is an internationally regulated broker.
- 50+ currency pairs – Trade major, minor and exotic pairs.
- Competitive Spreads – Starting at just 0.8 pips.
- Powerful Platforms – Manage your trade manual or use automated trading.
- Leveraged Trading – Up to 400:1 leverage on currency pairs.
- Master your trading skills – High quality educational materials and educational content for beginners & daily market analysis.
- Best in class customer service – 24/5 multi-lingual live support.
AvaTrade delivers top-notch online forex trading experience. Open your account now to enjoy yours, or try risk-free demo account.
Latest forex industry awards from 2019 – Most Innovative CFD Broker, UK; The Best Forex Broker, Portugal
Trade cryptocurrencies with AvaTrade
AvaTrade offers competitive spreads, with no commissions charged on transactions making it more profitable. When trading with AvaTrade you are trading on the price changes of the digital coin, and not physically purchasing it. Trading with AvaTrade ensures that you will trade with a 100% reputable broker. More reasons to trade cryptocurrencies with AvaTrade today are:
- Start trading with as little as $100
- Benefit from a wide range of top traded cryptocurrencies on the market
- Competitive swap rates
- All pairs can be shorted
- Up to 20:1 leverage
- Around the clock service and support in 14 languages
- Live quotes and charts for your reference
- Various trading platforms for all level traders
- Powerful MT4 Platform and AvaTradeGO, the newly linked mobile app. However, it isn’t quite good enough to challenge category leaders such as Octafx, Liteforex or XM (US residents only).
Avatrade Trading Platforms
WebTrader – No Download, No Limit Trading
From its easy-to-use interface and modern design, this platform is simple to use and is suitable for both beginners and advanced traders. No need to download or install anything!
This platform is perfect for people who want a simple user experience, with all the critical functionality directly from a web browser. You can access a wide selection of studies and indicators and get timeframes up to a month. Be sure to use Trading Central, which comes fully integrated into the platform, for technical insight and instant pattern recognition. No installation required and it’s available on any computer on any browser.
Use the Wisdom of the Crowd
Buy and sell assets in seconds, and make educated decisions based on live market sentiment. Get accurate data on what AvaTrade’s community are buying or selling in real time and stay on top of the market without having to spend time on conducting your own technical or fundamental analysis.
Take Control of the Markets
WebTrader gives you amazing features like AvaProtect™, a risk reduction tool which allows you to protect your trades from losing. Also set market and pending orders, take profit and stop loss, the option to partially close your positions, view trading history and charts. Open, close and edit individual and aggregate positions at the click of a mouse.
Trading with the MetaTrader 4
A Seriously Good Trader Needs a Seriously Powerful Platform – This is the MT4
Meet the MetaTrader 4
MT4 has been around since 2002 and since become the industry benchmark in online trading. Easily customisable, it is both user-friendly for novices, and comprehensive, for seasoned market pros.
MetaTrader 4 Features
- Flexible and fast trading platform
- Trading signals from top providers
- Expert advisors for algorithmic trading
- Global accessibility from PC, web & mobile
Why Use AvaTrade MetaTrader 4?
Open an account and trade on the most popular, and powerful retail platform for trading financial assets online. AvaTrade MT4 is ultra-reliable and is optimised for trading in all market conditions. It is also fully functional on both fast and slow internet connections.
MT4 has numerous features that allow traders to perform comprehensive price analyses on their preferred financial assets. From multiple timeframes and flexible, interactive charts to graphical objects and numerous built-in indicators, the AvaTrade MT4 ensures you are able to identify optimal prices to enter and exit your trades.
MetaTrader 4 Expert Advisors
MT4 supports automated trading by allowing traders to easily use, build, modify, buy, rent or sell EAs (expert advisors). The MQL4 and MQL5 marketplaces are home to thousands of codebases, modules, and even freelance developers who can help you to get on top of automated trading.
MetaTrader 4 Expert Advisors
Pieces of code that are downloaded or programmed for the purpose of automated trading.
AvaTrade MT4 features a powerful risk assessment add-on, Guardian Angel. This free tool delivers instant feedback on your trading actions, helping you to learn and improve your trading skills as well as your decision making in the market.
The MT4 platform is very easy for both beginners and experienced traders to use. It features powerful functionality, but its design and interface are uncluttered and intuitive. The platform is neat, and traders can easily access all relevant tools and information, such as prices, indicators, and charts.
Hedging is allowed by default on AvaTrade MT4. Hedging is a useful strategy for many traders because it can help protect them from market uncertainties, such as extreme volatility.
Access AvaTrade MT4 on your PC, iOS, or Android devices, as well as directly on the web. Cross-device accessibility can be done using a single login, which enhances flexible and convenient trading when compared to the best forex brokers.
Here are the main features of the AvaTrade MetaTrader 4 trading platform:
- One-click trading – A single click to open or close trade positions in the market.
- EA functionality – Deploy automated trading strategies with ease and efficiency.
- 9 timeframes (M1, M5, M15, M30, H1, H4, Daily, Weekly, and Monthly) – Enhance your trading activities by capturing optimal prices on shorter timeframe charts, while also watching the bigger picture on longer timeframe charts.
- 3 charts (line, bar, and candlesticks) – Direct trading from asset price charts. Visualise price action by shifting through different chart types with just a single click.
- 30 built-in indicators – Perform extensive technical analysis of asset prices using the different types of available mathematical indicators.
- 24 graphical objects – Perform further graphical analysis on your charts using lines, geometrical shapes, arrows, texts, and text labels.
- 1 single login across all your trading platforms – Trade flexibly and conveniently by seamlessly transitioning between your mobile and desktop devices, using a single login.
- Guaranteed full data backup and security – Save and backup a copy of your MT4 installation and restore it on any device as you wish.
- 4 pending order types – Trade flexibly across various market conditions and asset classes using pending orders, such as buy stop, sell stop, buy limit and sell limit.
- Trade history information – Assess your trading performance by looking at the comprehensive available trading history.
- Micro lots available – Use micro-lots if you are a new and inexperienced trader, or if you wish to control risk, or if you have low starting capital.
- Internal mailing system – Receive important information from AvaTrade without leaving your trading platform.
- News streaming – Stay on top of important economic news releases and events via the platform.
- Built-in MT4 and MQL4 guides – Build your knowledge of MT4 navigation, as well as MQL4 by taking advantage of the free resources on your platform.
Trading with MetaTrader 5
MT5 is a state-of-the-art, multi-functional platform that boasts advanced auto trading systems, technical tools and copy trading. MetaTrader 5 is designed to accommodate advanced trading across a wider selection of asset classes than its predecessor, the MT4. Feature-rich, it boasts advanced tools, and offers superior execution.
More indicators, more market orders, more instruments – MT5 provides the professional trader with everything they need to succeed in today’s dynamic markets. Yet, the similar layout ensures a smooth transition from the market benchmark, the MT4.
Why Use AvaTrade MetaTrader 5?
The most powerful platform in the world
Open an account to trade with competitive spreads on arguably the world’s most powerful and advanced platform.
MT5 platform offers a wealth of powerful analytical tools on multiple, flexible and interactive charts.
Access MT5 with ease from your PC, iOS or Android devices, as well as directly on the web.
MetaTrader 5 expert advisors
Create your own algorithmic hands-free or automated trading robots or download them from the store.
MT5 offers a high-level of security. All data transfers are compressed and encrypted based on 128-bit keys.
More assets, more opportunities
MT5 offers an unlimited choice of shares, commodity, index and ETF CFDs, as well as Forex and Cryptocurrencies.
All your trading functions from a single menu. You can also place your most frequently used commands on the toolbar.
Automated trading platforms
Using automated trading platforms, you can mirror or copy the trades of other often more experienced traders. You can fully automate your trading this way and it gives you the opportunity to trade, even as a complete beginner. For more advanced traders, it is a great way to not have to sit and watch your screen all day long. We offer a variety of different auto trading products to our clients, and we also support expert advisors trading bots for MT4.
- Are online trading platforms safe?
While some prospective traders may have some concerns regarding the safety and security of the online trading platforms, the truth is there is no need for such concerns. These platforms have been developed with the best security practices in mind, and have been tested to ensure they are free from dangerous bugs or malicious code. Industry experts have stated that online trading with these platforms is just as safe as traditional offline trading with financial institutions.What is the cheapest trading platform?
All of the trading platforms offered by AvaTrade come without any costs or strings attached. That means you are free to download one or all of them, and it won’t cost you a thing. Not only that, but you’ll also find the spreads at AvaTrade are some of the best in the industry, which means not only do you get free access to our trading platforms, you also get some of the cheapest trades in the industry. Or give our demo platform a try where you can trade with virtual currency and keep everything free.
Each trading platform has its own set of tools, but in general you’ll find the most popular technical indicators available on any trading platform. That means things such as moving averages, MACD, relative strength, and Fibonacci studies should be found on most every trading platform. You will also be able to draw your own trend lines, and support and resistance levels. Each platform will also come with a set of order types, and most will include such features as stop losses and pending order types. Because each platform is different it can be good to test them before committing to one specific platform.
Avatrade Trading Conditions
Accounts Types: demo, real
Demo account: yes, with $100,000 virtual money
Maximum leverage: 100:1
One click capabilities: yes
Expert advisors: yes
Automated trading: yes
Social trading: yes
New innovative copy-trading solution is now available to help users connect with other traders and industry experts. Dubbed AvaSocial, the newly built mobile application is regulated by the Financial Conduct Authority (FCA). The broker launched the app in partnership with Pelican Trading. AvaTrade aims to provide a platform to help traders showcase their performance. The broker highlighted that AvaSocial will allow traders to establish their own following to share their trading signals and strategies. The new app has the feature of instant messaging through which traders can communicate with each other easily.
Spread types: floating, fixed
Floating spreads start from 1 pip on EUR USD
Fixed spreads start from 3 pips on EUR USD
Order types: market orders, limit orders, entry stop and entry limit orders, stop orders and trailing stop orders
Minimum lot size: 0.01
Maximum leverage: up to 400:1
Minimum margin requirement: 0.5%
Avatrade Review: Payment Methods
Payment methods: credit cards, wire transfer, Paypal, Neteller, Skrill, Webmoney. There is also an option to register for Ava Debit Mastercard
Minimum deposit requirement: $100
Avatrade Review: Educational Forex Trading Learning Material and Customer Support
Educational material: educational articles, webinars, daily market analysis
Trading for Beginners
An introduction to the online trading world, with all the basics you need to know.
The premium educational site, with unique materials for traders from beginner level to advanced.
Enjoy Avatrade ‘s free eBook, ‘Forex Trading Strategies’, leading you step-by-step from novice to expert.
Trading Video Tutorials
Broker’scomprehensive video section is divided per level, insuring you find your place in the trading world.
Ava Select VIP club for exclusive trading benefits fo traders with deposit of $100,000 and above
Customer support: Reliable support team are available by phone, email and live chat, so you’ll always have someone to talk to – in your language – whenever the markets are open.
Latest Promotional Bonuses
Ava Select VIP club: exclusive trading benefits fo traders with deposit of $100,000 and above
Promotions and bonuses: up to $10,000 welcome bonus (the promotion was listed at the time of the review)
Make Mondays Better With AvaTrade’s ‘Ultimate Guide to Trading’ eBook!
Avatrade knows that trading is all about identifying opportunities and acting on them at the right time. The ‘Ultimate Guide to Trading’ eBook will teach you a variety of ways to identify opportunities, including:
- How to spot a trend, and how to trade a trend
- Incorporating indicators into your technical analysis
- Generating signals and then confirming them
As this information is invaluable for any trader, we hope that this eBook can help you achieve a special kind of Monday.
All you have to do is open an account with AvaTrade and the eBook is yours!
FAQ with Avatrade Forex Broker
By which method can I withdraw from Avatrade Broker?
Due to anti-money laundering regulations, we always return funds to the same source from which you deposited. Please note that you may need to withdraw up to 200% of your deposit to your credit card, any more than that you may withdraw by another method in your own name as you instruct.
For example, if you deposited $1,000 by credit card and made a $1,200 profit, the first $2,000 you withdraw must go back to the same credit card, before you can withdraw the profits by a different method, such as wire transfer, PayPal* and other e-payment methods (for non-EU clients only).
What is the minimum amount at Avatrade I need to deposit in order to open an account?
The minimum deposit amount depends on the base currency of your account*:
- USD account – USD $100
- EUR account – €100
- GBP** account – £100
- AUD** account – AUD $100
- USD account – USD $500
- EUR account – €500
- GBP** account – £500
- AUD** account – AUD $500
*Exception: In the event you use a 3rd party system please refer to your account manager for further details on the minimum deposit needed.
**AUD is only available for Australian clients, GBP is only available for clients from the UK.
What platform choices are available with Avatrade?
AvaTrade offers clients to trade on the MetaTrader 4 platform. This platform is very user friendly, and offers greate leverage for trading FX (400:1). This is only favourable for clients who possess sufficient risk appetite for such leverage.
Do I own cryptocurrencies with AvaTrade?
No. Cryptocurrencies are traded either as a Forex pair (such as the BTCEUR) against other currencies, or as individual’s assets CFD (contract for difference). In any case, you don’t own the asset but only trade on its value.
How was the rating of Avatrade performed compared to other brokers?
This 2022 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Avatrade FX broker performance and features.
Overall our online Avatrade review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Avatrade or you find inaccurate details Avatrade broker review please get in touch with us and the changes will be applied.