AvaTrade is an online broker for foreign exchange trades and contracts for difference (CFD). CFDs are available for currencies, equities, bonds, commodities, stock indices, exchange traded funds.
AvaTrade began offering bitcoin trading with CFDs online in 2013 on the AvaTrader platform and the MT4 platform.
Founded as Ava FX in 2006, the company is headquartered in Dublin, Ireland and owned by a holding company based in the British Virgin Islands. Offices and sales centers are located in Paris, Milan, Sydney, Tokyo, Shanghai, and Ulaanbaatar. AvaTrade does not accept U.S. clients. The companies strongest markets are Europe and Asia, including the Middle East.
With a history of online forex trading that goes back to the mid-2000s, Ava FX is one of the trailblazers in the business. The name was changed from Ava FX to AvaTrade in 2013, as the company had branched out to offer much more than just foreign exchange trading.
Short facts about AvaTrade
| Accepts U.S. clients | No |
| Platforms | ACT, Autotrader, AVA mobile trader, MetaTrader 4, MetaTrader Mobile |
| Minimum deposit | €/$/£ 100 |
| Leverage | 1:400 |
| Regulation | ASIC, BVI, Central Bank of Ireland, FSA |
Trading platforms
You can chose between several different trading platforms. Two of the most popular ones are AvaTrade’s own AvaTrader and the third-party owned MetaTrader4 (MT4). Automated trading is offered through ZuluTrade, Currensee, Avondo and MirrorTrader, to mention a few. AvaTrade’s auto-trading software allow you to emulate the trades of other traders.
| Platform | Information |
| AvaTrader
|
This is AvaTrade’s fully customizable proprietary trading platform. Examples of included services are the live news feed and the advanced charting feed. |
| Mobile AvaTrader | This is the mobile version of the AvaTrader platform. |
| AVAOptions
|
This newly launched platform for AvaTrade is ideal for trading in FX Spots and FX Options. Focus is on vanilla currency options. Complex investing and hedging strategies are possible. |
| Mac Trading | This platform is for Mac computers. |
| Web Trading
|
If you don’t want to download and install a trading platform, this browser-based trading platform is a great option. |
| MetaTrader 4
|
This famous third-party forex trading platform comes equipped with all the bells and whistles, while at the same time being easy enough to be handled by a novice trader. |
| Mobile MT4 | This is the mobile version of the MetaTrader 4. |
| MT4 Floating Spreads | This platform is based on MetaTrader4, but with the added benefit of low spreads obtained directly from the interbank market. |
Other Features
Examples of resources available from AvaTrade:
- Fundamental analysis
- Technical analysis
- Market analysis
- Real Time Charts
- News feed & Audio commentary
- Hush Trade (launched in 2014) is an educational site with training materials, strategic advice and plenty of content from professional traders.
Trading accounts
Standard accounts
There are four different standard accounts available:
- Silver
- Gold
- Platinum
- Ava Select
Demo account
If you want to try out Ava Trade without making a deposit, you can sign-up for a demo account. The demo account is filled with $100,000 in play-money that you can use to carry out trades and learn how the platform works.
Spreads, etc
AvaTrade does not charge a commission on trades. Instead, they make money from the spread. The spread is normally somewhere between 3 and 7 pips.
Promotions
AvaTrade often have short-term bonus offers and other promotional activities.
Regulation
- In the European Union, AvaTrade is regulated by the Central Bank of Ireland
- In the British Virgin Islands, AvaTrade is regulated by the British Virgin Islands Financial Services Commission
- In Australia, AvaTrade is regulated by the Australian Securities & Investments Commission
- In Japan, AvaTrade is regulated by the Financial Services Agency, the Financial Futures Association of Japan and the Commodities Futures Association of Japan
Customer support
The customer support for AvaTrade can be reached by phone, email and live chat. Email is sent through the email form at the site. Over 30 national phone numbers are available, so you may not have to make an expensive call abroad to get phone support from AvaTrade.
Transactions
Examples of transaction methods accepted by AvaTrade:
- Credit cards
- Debit cards
- PayPal
- Skrill
- Neteller
- WebMoney
- WesternUnion
You can apply for an AvaTrade Debit Card. Having this card will give you access to your money quicker when you make a withdrawal from your trading account.