Avatrade Review

Avatrade is a fully regulated online Forex and CFDs Provider established in 2007 by Ava Group. It now serves over 300,000+ customers across 150 countries worldwide, providing traders with access to a variety of global markets including currency pairs, cryptocurrencies, indices, metals, energies, commodities, stocks, bonds and ETFs through CFDs.

AvaTrade stands out for offering tailored financial services and trading solutions, making it suitable for both novice and professional traders, as well as flexible for different trading styles such as day trading, scalping, automated trading and copy trading.

Rating → 3.6

AvaTrade Broker Details

BrokerAvaTrade
Established2007
Head OfficeFive Lamps Place Amiens Street, Dublin 1 Ireland.
RegulationsASIC (Australia), Central Bank of Ireland (Australia), FSC (British Virgin Island), FSA, FFAJ (Japan), FSCA (South Africa), Central Bank of Ireland, CySEC (Europe), ISA (Israel)
Publicly TradedNo
Broker TypeMM, STP
Product OfferingForex, CFDs
Trading PlatformsMetaTrader 4, MetaTrader 5, WebTrader, AvaTradeGo, AvaOptions
Asset ClassesForex, Cryptocurrencies, Indices, Metals, Energies, Commodities, Stocks, Bonds, ETFs
Minimum Deposit$100
Account CurrenciesEUR, USD, GBP, CHF
Maximum Leverage1:400
Pricing ModelSpreads and Commissions
Lot Sizes
Deposit &
Withdrawal Methods
Wire Transfer, Card Payment, Skrill, Neteller, WebMoney, POLi
Demo Account
ScalpingYes
HedgingYes

Pros and Cons

Pros

  • Strong regulatory framework across the world, with regulations from top tier regulatory bodies including
  • Fast and hassle-free deposits and withdrawals.
  • Over 1250+ instruments are available across a variety of asset classes.
  • Industry-leading trading platforms.
  • A range of automated trading platforms and EA compatibility.
  • Transparent fee structure with no hidden charges.
  • No deposit and wihdrawal fee.
  • A variety of deposit and withdrawal methods including wire transfers, credit & debit cards and e-wallets.
  • Award-winning customer support, available 24/5 from 8 AM (GMT) to 10 AM (GMT).
  • Client funds are held in segregated accounts for increased security.

Cons

  • Does not accept US-based traders.