Avatrade Broker

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Avatrade

Avatrade Broker

5.00/5(4)

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No. #1 Trading Platform In 2022

Avatrade Broker is considered as “Low-Risk Place for investors”, and they have a trust score of “93 out of 99.” They aren’t publicly traded, and they don’t own a bank as well.

Let's Introduce

AVATRADE BROKER REVIEW - EVERYTHING YOU NEED TO KNOW

  • Website: avatrade.com
  • Headquarter: Ireland
  • Regulations: Central Bank of Ireland, FSA, ASIC, BVI, FSCA, and ADMG
  • Established: 2006
  • Maximum Leverage: 1:400

Avatrade Broker is an online Forex trading platform founded in 2006. They are part of the AVA group of companies that provides different platforms for “Social Copy Trading.”

Without a doubt, they are considered as one of the oldest trading platforms. The company now has four regional offices around the globe; Japan, Australia, Ireland, and Virgin Island. As the most prestigious trading platform, they accept clients from all around the globe.

The Avatrade Broker Firm recently announced a partnership with English Premier League in order to help grow its business and popularity off -course.

 

REGULATION OF AVATRADE BROKER

Choosing a platform that is reputable and regulated by the strictest regulatory is important. Therefore, it’s important to look for “Regulation” details of the broker to ensure “You’re investing in the right place.”

Avatrade Broker is regulated by several authorities, and we have listed them down:

  • They are regulated by the Central Bank of Ireland in Europe
  • They are regulated by ASIC in Australia
  • In Japan, they are regulated by FSA
  • In South Africa, they are regulated by FSB

This is the reason why they are considered as the best online brokerages in terms of Safety, reliability, and off-course Reputability.

So, if your concern is regulation only, then you don’t have to worry about it. They are trusted by millions of people around the globe.

 

ACCOUNT TYPES OF AVATRADE BROKER

There are different types of account that Avatrade Broker is offering:

  1. Standard Account: This account is for beginners and can be owned by the individuals
  2. Corporate Account: This account is for the professionals and can only be owned by the legal entity
  3. Islamic Account: This account is for those who want to follow the rules of SHARIAH. They don’t charge you anything for swapping the account.

If you’re an experienced trader and want something out of the box, then you can contact the Avatrade Broker to open up a Professional Trading Account for you.

Note* The leverage of the Professional Trading Account shall be higher than a standard account.

But, they will ask you for at least 12 months of experience certificate in the Financial Sector, Trading Activity of the last 12 months, and holding a $500k portfolio value.

You can give the Professional Trading Account a try before investing in it because they do offer a “Demo Account” for that purpose.

 

TRADING PLATFORMS OF AVATRADE BROKER

One of the best things about Avatrade Broker is “The availability of different trading platforms” for trading purposes. You’ve got a lot to choose from; whether you’re a beginner, seasoned investor, or professional, you’ll always find something relevant to you.

Here’s what Avatrade Broker has to offer:

  • MetaTrader 4 Platform
  • MetaTrader 5 Platform
  • MetaTrader for Mac
  • MetaTrader for Windows
  • MetaTrader for Web Trading
  • AvaTradeAct Platform

There’s almost everything for everyone, and you can now trade on every single device now.

 

THE SPREAD OF AVATRADE BROKER

Avatrade Broker is offering some of the best spreads among all the brokers around the globe, and that’s why people choose them over so many. They are regulated in 5 continents and here’s the detail of Spread that is linked with Avatrade Broker:

GBP/USD Spread

1.0 var

EUR/USD Spread

0.7 var

EUR/GBP Spread

1.7 var

 Assets               

40+

Note* They are providing more than 50+ Currency Pairs for trading.

Additionally, we are listing down the spreads of “CFDs” as well:

FTSE Spread

0.5 pt

GBP/USD Spread

1.0 var

Oil Spread

0.02

Stocks Spread

0.13 Abv Market

 That’s all from the spread section, and it’s now time to head towards the “Execution Time” section of the Avatrade Broker.

Here we go!

 

EXECUTION TIME

Just like other brokers in the market, Avatrade Broker is offering two types of “Execution” for the investors.

  • Instant Execution
  • Market Execution

Instant Execution is a type of Execution where the client places the order by specifying the “order details.” You can set both volume and price for your assets. This type of Execution is mostly used by the brokers named as “Market Maker Broker.”

While, on the other hand; Market Execution is completely different. This type of Execution is being used by all the brokers because you can buy or sell assets at the current market prices. You don’t have to set a specific volume and price for your assets.

Let’s now move towards the Commission/Fee of the Avatrade Broker.

COMMISSION/FEE

The commission/Fee of the Avatrade broker is average. The fee structure is easily understandable, and you can calculate it on your own as well.

As discussed above, the minimum opening account fee is $100, and the deposit should go through a credit card or wire transfer.

For Forex trading, Avatrade brokers don't charge you a single penny. But, the firm does charge you an inactivity fee which is $50 for not using the platform for more than three months.

Also, they do charge $100 as an administration fee if you’re not using the platform for more than 12 months.

Avatrade-Commission&Fee-DailyForexTrading.NetNote* Some of the other charges may include; overnight interest, maturity rollover, and corporate actions.


LEVERAGE/MARGINS

For all the residents that live outside Europe, Avatrade Broker offers them a maximum leverage of 1:400 on Forex Trading and Indices. Avatrade Broker is also offering 1:200 leverage on commodities and 1:20 on individual stocks.

Let’s move towards the Customer Care Services now!

CUSTOMER CARE SERVICES

You can contact the Avatrade Broker via:

  • Live Chat
  • Phone
  • Email

They have a great live chat service, and you can get connected with the agent within 5 minutes. Besides the English language, you can contact them in more than seven languages including; Chinese, French, Russian, Italian, German, and more.

But, the phone call services of Avatrade Broker can be improved. No doubt, you’ll find a lot of numbers to get the information from and that too locally, but the international call gets connected after 3-5 minutes of waiting. This costs too much.

Also, we are missing 24/7 availability from the Avatrade Broker.

main features

  • Established 2006
  • ECN Broker
  • Max Leverage 1:400

extra features

  • Social Copy Trading
  • 24/7 Trading
  • Trust Lebel 98 out of 100
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  • Overall Rating

    • 5.00/5

Mathias M. Svendsen

Overall Rating

An amazing broker

Avatrade offers a complete package with a natural interface, rapid user support, and a straightforward withdrawal process.

Nisveta Nojić

Overall Rating

Best customer service provider

Avatrade is a tribune platform for trading with clothing support for customer care that is straight to the point. Its live chat feature gives excellent multilingual customer service. I like it to everything else.

Billy Hamilton

Overall Rating

excellent features with user friendly interface

Avatrade has excellent features with a user-friendly trading system which I was looking for a long time. Finally happy to have it.

Mohammad Powell

Overall Rating

First and hassle-free broker ever

I have an account on AVATRADE. It’s a user-friendly broker. I gain a handsome amount of money every month. Here withdrawal/deposit is so fast and hassle-free.

HOW TO OPEN AN ACCOUNT ON AVATRADE BROKER

If you want to open an account on Avatrade Broker, then you’ve to follow the instructions given below:

  1. If you want to open an account, then you need to head towards the official website by Clicking Here and then click on the Register Now button

    Avatrade-OpeningAccount1-DailyForexTrading.Net
  2. Upon clicking, you’ll be redirected to a registration page, and here’s how the registration page looks like:

    Avatrade-OpeningAccount2-DailyForexTrading.Net
  3. Enter the First Name, Last Name and Email to get started and then click on Create Account and you’re done

    Avatrade-OpeningAccount3-DailyForexTrading.Net
  4. Verify your account now, and you’re done


HOW TO WITHDRAW/DEPOSIT MONEY

Withdrawal and Depositing the money process is pretty simple, and it can be done without “pushing yourself in any complications.”

Let’s figure it out!

  1. Login to your account by your email address
  2. Once logged in, go to the withdrawal option
  3. Now fill the withdrawal form and then click on the ok button
  4. Your application is going to be processed within 24 business hours

Avatrade-WithdrawBalance-DailyForexTrading.Net