Additionally, the global headquarters focuses on worldwide expansion, R&D, customer support, and regulatory compliance. The Central Bank Of Ireland (CBI) oversees the operational activities, compliance operations, and industry standards. Of course, this regulation extends to traders & clients like yourself – accessing secure, compliant, and trusted broker services. Moreover, a strategic Ireland location supports a highly-skilled talent pool, business-friendly climate, and diverse multilingual workforce.

Free Access To 100+ Trading Algos

You can base your decision on regulations, safety, and the legitimacy of the platform. There are many trading platforms that run scams, robbing traders of their withdrawals. Plus, many forex brokers support instant withdrawal policies only to defraud clients after the first deposit. Additionally, you have to read between the real and fake reviews of AvaTrade. While the financial services firm has a 4.5 ratings and review score on Trustpilot, you should double-check the jurisdiction and regulating body. With its strong regulations, a wide range of trading instruments, competitive trading conditions, and comprehensive educational resources, AvaTrade serves traders of all levels.

• An established online trading company since 2006, AvaTrade.com has more than 400,000 users globally.
• By using it, traders can place StopLoss and TakeProfits on their trades and protect themselves from maximum loss, or take desired profit while they are unable to check the application.
• From the company headquarters in Dublin, the brokerage managed the global operations in other regional offices to develop AvaTrade in UAE – Abu Dhabi, Sydney, and Tokyo.
• The desktop trading platform offers up-to-date information of the market.
• As a safe beginner broker, it provides you multiple subsidiaries and localized trading services with top – tier regulations.
• The broker offers its services in multiple languages, including Polish, Dutch, Italian, English, German, Spanish, Swedish, Hungarian, Arabic, Chinese, and many more.

Deposit and Withdrawal:

So, be sure to check the legal requirements and restrictions in your country before you start. Our algorithmic trading library is developed to align with your unique approach, style, strategy, and approach. Whether you’re a scalper chasing short-term profits, a swing trader following market trends, or targeting real-time news updates – there’s an algo tailored to your objectives. Explore powerful algos & indicators that drive precision, performance, and profits. Of course, you can always send an email directly through the company website.

• AvaTrade is one of the most regulated online brokerages in the world, with over 9 bodies overseeing its work, across 5 different continents.
• This review also highlights AvaTrade’s CFD fees – starting from 0.5 pips and zero commissions for standard accounts.
• AvaTrade gives you access to the most popular trading platforms used by Forex brokers, including the ones that give you access to social trading and copy trading.
• You can also operate an AvaTrade account on any of its three other trading platforms, namely MetaTrader 5, WebTrader, and the mobile trading platform, AvaTradeGO.
• Yes, AvaTrade is considered a safe and legitimate broker, adhering to strict regulatory standards and providing a secure trading environment.
• The minimum deposit amount is $100 on credit card, debit card, and wire transfer.

Desktop Trading Platform

Certainly, analyze AvaTrade trading instruments & investment offerings review to get started with a legit, or safe platform. A comparison between AvaTrade vs Exness reveals that the broker charges low CFD charges and average FX trading fees. Since AvaTrade only charges spreads on Standard accounts, you are not required to pay separate commissions. Additionally, AvaTrade’s encrypted platform protects your personal data, financial transactions, and trading information from unauthorized breaches.

On the other hand, it doesn’t provide services to residents of some countries, or a country where providing that service would be contrary to the local law or regulation. No, AvaTrade does not accept clients from the United States due to regulatory restrictions. Opening an account with AvaTrade is straightforward and can be completed online in a few minutes. The process involves filling out a registration form, submitting verification documents, and funding the account. AvaTrade had an exceptionally high rating of 4.8/5 on TrustPilot, with an overwhelming 72% of comments agreeing that it is an excellent platform to trade with. AvaTrade’s live chat feature is referred to as “AvaGuide”, and it has a dedicated chatbot to answer all your queries in real-time.

Does AvaTrade Offer Mobile Trading?

AvaTrade does charge an inactivity fee after three months of non-use. The broker gives clients numerous assets to trade from, including forex, stocks, commodities, cryptocurrencies, indices, ETFs, and bonds. Although you aren’t allowed to own these individual financial instruments, you can trade their CFDs to profit off of them.

Although it does accept Canadian traders, the same cannot be said for U.S. residents and nationals. You can choose from 1,260 symbols and futures trading via CME and EUREX in their MT5 platform. With AvaTrade you can even trade low spread crypto pairs through CFDs. Additionally, AvaTrade is authorized by ASIC, CIRO, JFSA, and the European Union which makes it a highly trusted and safe platform.

These regulators have strict capital requirements that increase the trustworthiness of the platform. While the AvaTrade.com platform accepts traders globally, the company currently does not accept traders from the United States, Belgium and Iran. Professional accounts exist in brokers regulated in the EU, avatrade review to give you access to a bigger leverage. Of course, many traders prefer to register from countries with top regulators. However, the broker does accept traders from off-shore countries like Seychelles, the Bahamas, St. Vincent and Grenadine, etc. These countries have less rigorous rules, leading to higher risk on your investment.

AvaTrade account holders have the option to share a personal link found under the “Refer a Friend” section on their accounts, with their friends. If their friends make a deposit, they will be compensated automatically. Many users, in agreement with this one, were delighted by the fact that they would receive a call immediately after opening an account with them. A lot of users loved their user-friendly platform and found it easy to use. Reddit users’ views on AvaTrade were for the most part positive, with only a minority preferring other brokers to it. The phone number you can use to call them varies depending on your country of residence.

Leverages

AvaTrade has provided separate phone numbers for each country to contact the support team. The AvaTradeGo platform enables its users to have a quick view of a specific tradable instrument. Within a single window, the users can simultaneously watch the whole market, one single selected instrument and also its chart. Following three consecutive months of non-use and every successive month after that will result in a fee, which will be taken automatically from the client’s trading account. This rule applies to all account holders, except for those living in countries where the legislation prohibits the collection of such fees. AvaTrade’s bond collection is very limited, with currently only 2 bonds available to customers.

To resolve this issue, AvaTrade offers its Muslim clients the option to go swap-free with an Islamic account – that is the only thing that sets this account apart from a regular one. Moreover, after you’ve applied for an Islamic account, you will also be able to engage in halal gold and silver trading, where physical gold stores support all trades. This fee is charged primarily to offset the cost incurred by the AvaTrade team of making such financial services available to the customer, even though it isn’t being used. As a legit regulated broker, Avatrade segregates your funds from operational funds of the firm.This crucial step is essential to protect your money.

Products and platforms

If you live in the EU you can bypass the ESMA’s most restrictive leverage rules by applying to a professional account on AvaTrade. You don’t need to deposit anything if you’re just trying the broker and testing a demo account. AvaTrade is a Forex broker that gives you a wide range of instruments to trade besides Forex. In this article, you’ll get a review of this broker, including analysis and instructions to open an account with AvaTrade.

In fact, AvaTrade is registered under multiple international regulatory entities that create a safe trading environment for global traders. As a globally present trading platform, serves its clients in major cities such as Sydney, Tokyo, London, Paris, and Milan. Ireland serves as the center of platform multi-national activities.

Such variation in trading instruments offered will enable you, as a trader, to diversify your portfolio and take advantage of all the different exchanges and markets. To support global traders, AvaTrade Argentina supports multiple account types with transparent conditions. Review AvaTrade’s supported trading markets, asset classes, and instruments to expand your trading portfolio. Notably, AvaTrade runs regular account bonus programs to attract potential aspiring traders like you. Follow the points above for a detailed AvaTrade broker review for 2024. Of course, you’ll need to pay spreads and commissions separately for retail accounts.