It offers clients a peek at what other AvaTrade users are doing for up to the minute market insights.AvaTrade GOAward winning trading app that allows users to trade on the go. App users can also ask questions in mentor groups to help them understand and trade more complex instruments. No matter what platform you use, your trades will all be covered by AvaProtect. AvaProtect is a risk management tool allowing users to protect themselves against losses of up to one million dollars within a selected time period. Founded in 2006 and regulated in multiple jurisdictions, AvaTrade are one of the most established online brokers, winning multiple awards for their industry leading trading products and services. AvaTrade provide clients with a generous choice of over 1,250 financial instruments across different markets, including Forex, Stocks, Commodities, and Cryptos.

Direct Investment Hub Ltd. is regulated by the Cyprus Securities and Exchange Commission. AvaTrade has hundreds of satisfied clients, and we are doing our best to give every client a quick and appropriate response. If you still need our help, kindly send to your account number and claims, and we will get back to you soon.

It has also integrated avatrade review Central­­­, a third-party tool & forex featured ideas that provide technical analysis and fundamental analysis, in line with the industry average. As per our AvaTrade review, MT4 and MT5 are the trading platforms offered with backtesting capabilities. The main advantage of MT5 over MT4 is that it caters to the needs of the United States markets and non-forex markets.

AvaTrade summary

The AvaTradeGO App can be downloaded from the Google Play and Apple app stores. They will come up with every excuse you can possibly think of to stop you withdrawing. According to their website, AvaTrade only offers the best large-cap stocks to its clients. This particular Quora user, warned others to steer clear of the broker as he had had a horrible experience with them, which involved his “money” getting stolen. He further pointed out that the firm in some countries like Belgium has already been blacklisted. Reddit users’ views on AvaTrade were for the most part positive, with only a minority preferring other brokers to it.

It accepts traders from several regions and trading accounts from various types of currencies. There are many Forex brokers to compare and choose from online. You can find reviews of other licensed forex brokers listed here. This team lets traders celebrate their success with an image or video post, where users can post on various social media platforms such as Instagram, Facebook, and Twitter. Trader can easily set underlying asset and strategy trader would like to trade.

Who Can Use AvaTrade Trading Platform?

BrokerChooser gave AvaTrade a 4.3/5 rating based on analyzing 500+ criteria and testing via opening a live account. Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work.

The platforms are fully customisable, so you can make them as complex or simplified as you like, depending on your trading style. You can save strategy templates to use later and set price alerts so you don’t need to constantly watch charts all day long. Canadian accounts are opened with and are held by Friedberg Direct which clears trades through a subsidiary within the AvaTrade group of companies. Friedberg Direct is a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada , the Canadian Investor Protection Fund , and most Canadian Exchanges.

AvaOptions Mobile

Adam holds a https://forex-reviews.org/ degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms. We recommend AvaTrade for forex and cfd traders looking for an option to use metatrader platforms. As a general rule, withdrawals can only be sent via payment methods by which you funded your account with.

• In pursuit of creating the optimal trading environment for its clients, the broker has maximised its efforts in creating platforms that serve both novice and professional traders.
• AvaTrade reviewers to please include their account number in their review.
• MetaTrader 4 is free to download for desktop or mobile whilst it can also run directly in your web browser without needing to download or install any additional software.
• AvaTrade’s education section is great, offering several learning opportunities when it comes to trading basics, economic indicators or charting.

It’s a well-established brand but is not listed on any exchange, does not disclose financial information and does not have a bank parent. AvaTrade’s education section is great, offering several learning opportunities when it comes to trading basics, economic indicators or charting. You can find them under the ‘My Account’ and ‘History’ sections.

Yes, Avatrade is a legit trading platform that allows trading of forex and CFDs along with cryptocurrency trading. The platform provides complete peace of mind to the traders to trade with confidence. Copy-trading can also be helpful for experienced traders as they can learn new tactics, new trading tools, and thereby increase their success. Professional account with AvaTrade forex broker, higher leverage may be possible depending on the account type. However, the leverage at the AvaTrade platform varies by the nature of the asset and the traders’ domiciled country. Additional trading fees and the losses resulting from the trades will be reimbursed to the user as long as they occur during the specific period covered by the order.

Desktop Trading Platform

One of the players making it painlessly easy for that to happen has been operating globally since 2006. In this AvaTrade review, we are going to talk about how this UK-headquartered company plays a pivotal role in the fast-growing marketplace. AvaTrade keeps your money safe in segregated bank accounts — just like every regulated brokerage firm.

• AvaTrade did not live up to the expectations of ForexPeaceArmy users, earning itself a shameful 2-star rating on the review site.
• AvaTrade has discontinued RoboX and Mirror Trader social trading programs, as well as AvaTradeAct, its dedicated platform and Metatrader alternative.
• They dont want you to scalp in real account , but in demo they are less strict.
• The minimum advertised spreads for FX majors are in line with the industry average with EUR/USD at 0.9, USD/JPY and AUD/USD at 1.1, GBP/USD and USD/CHF at 1.6, NZD/USD at 1.8, and USD/CAD at 2.0.

There are several key features that make AvaTrade a popular choice among all types of traders. If you are interested in crypto trading, you will also be pleased to see that AvaTrade makes 13 crypto assets available for trading. These include some of the most popular on the market like Bitcoin, Ethereum, and Ripple. The broker offers trading in a total of 16 commodities markets as CFDs.

Automated Forex Trading

ScamBroker.com is a broker reviews website, and does not offer any investing advice or service. Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. Always verify that your broker, is licensed by your local financial regulator. AvaTrade is legitimate forex and CFD broker and a highly regulated award-winning broker with over 300,000 registered traders and trading volumes surpassing $70 billion per month. Generally, this team processes the withdrawals within a business day.

If there is any delay, you can always contact customer support and one of the representatives will attend to the matter immediately. AvaTrade’s award winning customer service is available 24/5 in 14 languages via phone, chat and email. There is always someone available to answer your questions as and when required. You can find a list of telephone numbers for each country on the brokers website along with a very thorough help centre that covers all of the topics that you would expect. AvaTrade has a large amount of free educational materials to help improve traders’ knowledge. This includes videos, articles, e-books, and daily market analysis in multiple languages.

If you want to open an account with some other specifications, XM might be a good alternative, as they have plenty of account types. The broker accepts clients from all over the world, excluding the USA, Belgium, and Iran. The clients from mentioned countries can find an alternative from our powerful broker comparison tool. Trading Central provides intra-day updates and short-term technical signals. AvaTrade provides economic and earnings calendars and limited research through Sharp Trader.

Account opening is pretty straightforward, and as per marketing materials, AvaTrade has several deposit and different withdrawal methods, which are free of charge. Also Avatrade provide user-friendly search functions, educational tools, and daily market analysis research instruments. For example, although the maximum leverage for those residing in Europe is relatively low for retail traders, professional traders have the ability to make use of pre-ESMA leverage. This particular TrustPilot user had a lot of negative things to say about the leverages offered and their withdrawal processing times. AvaTrade, being a regulated broker, has to strictly adhere to regulatory requirements set by the different regulatory authorities.

Also, if you click on your positions, you can see the swaps charged. The platform is well designed and has lots of functionalities despite being a mobile platform, but can be hard to navigate on a mobile device. For starters, you can view the platform only in horizontal mode. For added convenience, though, you can also set up biometric or PIN code authentication. Just like the WebTrader platform, AvaOptions provides only one-step login. You can easily see your profit-loss balance and the commissions you paid.

We are pleased you feel well taken care of by our team, and we will be sure to pass your warm review onto Emma. As there is only a small minimum deposit, and your account will be ready for trading quickly, feel free to try AvaTrade. AvaTrade is packed with lots of quality materials to educate yourself, and also offers a demo account. Additionally, FX options are available through the AvaOptions platform. At AvaOptions, you can trade more than 40 different instruments.

The minimum deposit at AvaTrade is generally 100 units of currency, depending on the denomination of your account balance. For example, a USD account will have a $100 minimum deposit whether you fund via wire or credit card. In this review, we tested the MetaTrader 4 desktop trading platform, as it offers more assets to trade, not just forex options. If you are into options trading, then you will be glad to know that AvaTrade has a dedicated trading platform for these. It is also very user-friendly and caters for trading in all of the 40 forex options available as well as providing the same great range of risk management tools that you would expect. AvaTrade works hard to provide for the best trading platforms in the industry.