AvaTrade
Is AvaTrade a Reliable Broker? Find out
AVATRADE
Year Founded | 2006 |
Regulation | FSA, ASIC, BVI, FFAJ, FSAC, ADMG and FRSA |
Minimum Deposit | 100 units of currency |
Product Types | Forex, cryptocurrency, indices, stocks, bonds, cryptocurrency, CFDs, vanilla options, commodities |
Product Types | Forex, cryptocurrency, indices, stocks, bonds, cryptocurrency, CFDs, vanilla options, commodities |
Products Offered | 1250 financial instruments |
Introduction to AvaTrade
How We Analyzed AvaTrade

Regulation

Account Information and Charges
A client can open an account with AvaTrade with a minimum of 100 units of currency. It doesn’t charge commissions and has few fees, but it does make money through spreads. Its spread rate for EUR/USD starts at 0.9, which is a reasonable rate. AvaTrade has various fees, including inactivity fees and overnight rollover fees. These are not unexpected or high. AvaTrade does not charge fees for withdrawals or deposits.

Trading Products
AvaTrade offers a variety of CFDs that allows clients to trade forex, cryptocurrency, commodities, stocks, bonds, ETFs options, andindices. This is expected for a broker. It should be noted that CFDs carry significant risks, and is more a warning to the client rather than any negative reflection on the broker, since many brokers offer CFD.

Trading Experience
AvaTrade offers a variety of platforms and tools and provides clients with a broad choice. Like many other brokers, AvaTrade allows clients to use MetaTrader 4 and 5. These platforms allow for various types of trading, including automated trading. AvaTrader has its WebTrader platform that is lacking in features. However, AvaTrade lets clients engage in social trading through AvaSocial, ZuluTrade, DupliTrade, and MQL5. Clients can enjoy various tools to make trading easier, such as AvaTradeGo for mobile trades, AvaProtect, which can limit losses, and AvaOptions for vanilla options The flexibility and features of these platforms and tools is a selling point for AvaTrade among many clients.

Customer Service
AvaTrader offers support 24/5 through live chat, email, and phone numbers. There is an FAQ that answers many client questions.

AvaTrade Pros and Cons
- Top tier license through the ASIC
- Social and automated trading
- Vanilla options
- Reasonable spreads
- Does not allow US traders
- No stop loss trading
- Limited research resources
Is AvaTrade a Reliable Broker?
