|Location:||Australia Ireland South Africa Japan British Virgin Islands|
|Regulation:||ASIC, Central Bank of Ireland, FSCA, JFSA, JFFA, BVIFSC|
|Offices:||Sydney, Dublin, Johannesburg, Tokyo, Road Town, Abuja|
|Broker type:||MM | STP|
|Leverage:||up to 1:400 (1:30 for EU clients)|
|Deposit:||from 100 USD|
|Platforms:||Web MetaTrader 4 Specific|
|Instruments:||Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs|
|Education||Free webinars and financial seminars.|
AvaTrade group includes 5 related companies.
AvaTrade AU – located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
AvaTrade IRL – located in Ireland, regulated by the Central Bank of Ireland.
AvaTrade SA – located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
AvaTrade JP – located in Japan, regulated by the Japan Financial Services Agency (JFSA) and the Japan Financial Futures Association (JFFA).
AvaTrade BVI – located in the British Virgin Islands, regulated by the BVI Financial Services Commission (BVIFSC).
Be aware, IRL company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
AvaTrade group accepts clients from all over the world, excluding USA and some third-world countries.
- Specific option contracts available for trading.
- Both floating and fixed spreads offered for the clients
- Connected with different algorithmic and copy trading networks.
- Authorized and regulated by a government agency in several counties.
Forex broker offers the following underlying assets for trading.
55+ Currency Pairs Based on major and minor world currencies.
11 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Litecoin, Ripple, Neo, EOS, IOTA.
19 Indice Futures Based on baskets of different blue-chip stocks and US Dollar Index.
2 Metal Spot CFDs Based on Gold and Silver.
3 Metal Futures Based on Platinum, Palladium and Copper.
5 Energy Futures Based on Crude Oil (WTI, Brent), Heating Oil, Gasoline and Natural Gas.
7 Soft Futures Based on Corn, Soybean, Wheat, Coffee, Sugar, Cotton, Cocoa.
5 Bond Futures Based on US, JP and German government securities.
75+ Stock CFDs Based on shares of US, UK and EU companies.
5 ETF CFDs Based on exchange-traded funds containing various tradable assets.
Forex broker offers the following underlying assets for Vanilla Options trading.
40+ Currency Pairs Based on major and minor world currencies.
2 Metal Options Based on Gold and Silver.
Established in 2007, AvaTrade is a large forex & CFD broker that claims to have more than 200,000 registered customers globally. Headquartered in Dublin, Ireland, they also have regional offices around the world as part of their global expansion, including in Paris, Milan, Tokyo and Sydney.
The broker is heavily regulated by government agencies in many different jurisdictions globally, and has therefore earned a reputation as a trusted broker in the forex trading community. For example, AvaTrade EU is regulated by the Central Bank of Ireland, and Ava Capital Markets Australia is regulated by the well-regarded Australian regulator ASIC.
AvaTrade has also bagged countless awards since its establishment, with the most recent ones being the ‘Best Trading Experience’ and ‘Best Affiliate Performance’ in the year 2018
Trading instruments offered by the broker includes forex and CFDs based on cryptocurrencies, bonds, stocks, indices, commodities, and even exchange traded funds (ETFs), with spreads that are generally competitive. In terms of forex, clients can choose from more than 50 currency pairs, with leverage going as high as 1:400 for non-EU traders.
In terms of its ETF offering, the broker offers a selection of 5 different ETF-based CFD with no hidden fees. In addition to ETFs, a whole range of global stocks and bonds are also offered in the form of tradable CFDs
Available leverage in ETF trading is capped at 1:20. Further, leverage for commodities can be set as high as 1:200, while for indices it is 1:400, and 1:20 for stocks and bonds.
Trading platforms used by AvaTrade include the standard MetaTrader 4 (MT4), but they also have their own platform known as AvaTradeGO – an app developed by the broker with a user-friendly dashboard and advanced features. Trading on MT4 can also be done via the web-based and mobile versions of the same platform.
Deposits and withdrawals can be made through a variety of methods like standard bank wire transfer and credit/debit card. There are no fees imposed at all for neither deposits nor withdrawals, which is definitely appreciated. However, minimum deposit amounts do apply, depending on the currency and payment method chosen.
Customer service is available 24 hours a day on trading days via local phone numbers in a range of countries. Clients are free to email, call, or chat with customer support staff via the live chat function provided on the website. Support is available in 14 different languages to cater to traders from all around the world.
AvaTrade also provides educational materials for their clients to improve their trading skills. This comes in the form of trading Information such as calculators, technical analysis tutorials, as well as a detailed explanation of each type of trading instrument they offer and how it works.
There are guides available for new traders that teaches everything from basic trading strategies, to more advanced methods of market analysis.
Video tutorials are also readily available for clients to view, ranging from tutorials on how to use the relevant trading platforms, to videos that explain in detail potentially profitable trading strategies.