71% of retail investor accounts lose money when trading CFDs with this provider. More than 3 million trades are executed in a month on an average. The clients of this web trading platform enjoy generous bonuses, competitive spread, and diverse offers with complete transparency. Founded in Dublin, Ireland in 2006, AvaTrade has since grown to become one of the largest trading platforms in the world. With comprehensive forex, CFD, and cryptocurrency trading options delivered via their user-friendly interface, AvaTrade is a popular tool for beginner and expert traders alike.

  • Fxforex.com’s AvaTrade broker review is of course totally unbiased, but we feel comfortable saying that AvaTrade is one of the most trustworthy and most reputable platforms on the market right now.
  • On top of it, customers also get access to numerous trading tips, tricks, and strategies at no additional cost whatsoever.
  • For the purposes of this review, we tested Avatrade’s web trader platform.
  • Additionally, the “Forex Calculator” link informs the trader about the potential profits, losses and costs to trading, like overnight interest calculations.
  • Beginners can easily navigate through the platform’s features and functionalities.
  • Regarding fees, AvaTrade doesn’t charge any fees for deposits or withdrawals whereas XTB does charge withdrawal fees.

Those with thousands of dollars in their account will likely find more competitive spreads elsewhere. Whether you’re a new trader or a pro, we arm you with tight https://www.forbes.com/advisor/investing/what-is-forex-trading/ spreads, supersonic execution, advanced tools and an award-winning customer service. We’re also licensed, regulated and have customers in 100+ countries.

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If you want to trade options you have to use the platform AvaOptions. Also, there is a platform for Social Trading and one platform for mobile trading .

AvaTrade testimonials

AVA capital markets Australia is licensed and regulated by the Australian securities and investment commission . Stop – A pending order where the entry is at a predetermined point above or below the prevailing market rate depending on whether it’s a buy or sell.

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AvaTrade does not impose service charges, and payments and transfers are likewise free. On the flip side, AvaTrade levies a quarterly dormancy charge of 50USD/50GBP/50EUR (based on your account’s default currency) after three consecutive months of no activity. There are different payment methods available but I have to mention that the payment methods always depend on your country of residence. AvaTrade requires some additional information about the customers but this depends on the regulator.

AvaTrade testimonials

The broker promises instant deposit minus the fee of transactions, but withdrawals can take a long time. AVATrade specifies a minimum of 5 days for initiating withdrawals, which is way too long than other regulated brokers in the market. AvaTrade allows users to trade CFDs of the https://www.plus500.com/en-US/Trading/Forex most popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple. Apart from cryptos, AvaTrade also offers CFD trading in stocks, forex, commodities, indices, bonds, and ETFs. To get the full list of financial assets available on AvaTrade, check out their website.

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