Nor does it have the most diverse portfolio of CFDs; platforms such as eToroXTB will offer you more options. It doesn’t have its own system to provide news alerts that are relevant to users’ investments. It does, however, have an economic calendar available, which can be useful for you to anticipate major economic and financial events.

  1. The Central Bank of Ireland, FSCA, and ASIC regulate the AvaTrade professional account.
  2. Among the educational features they touch on include trading strategies and how to use leverage.
  3. Moreover, for the modern-day investor, AvaTrade avails the burgeoning field of cryptocurrency trading, encompassing popular digital currencies like Bitcoin, Ethereum, and Ripple.
  4. This average customer rating is based on 4 AvaTrade customer reviews submitted by our visitors.

AvaTrade is a forex and CFD trading broker that offers reasonable spreads and a number of research tools. It uses the MetaTrader 4 platform to let you buy and sell currencies quickly and easily for no commission. Find out how AvaTrade works and sign up for your account today to start investing. It offers a secure trading environment with transparent fees, powerful trading tools and reliable order execution.

Is AvaTrade Really Free?

But a buggy search function detracts from the learning experience, failing to include many articles and topics. In essence, AvaTrade has ingeniously constructed a transactional blueprint that emphasizes convenience and cost-effectiveness, rightfully earning accolades in the deposit and withdrawal domain. Navigating the fiscal shores of deposits and withdrawals with AvaTrade is delightfully seamless.

So yes, it’s not a scam, although that doesn’t mean it’s risk-free. AvaTrade is a CFD Irish Forex broker regulated by the Central Bank of Ireland (among several other countries like Cyprus or Australia). AvaTrade allows its users to trade CFD (derivatives) of stocks, bonds, ETF, commodities, Forex and indices. Now that I’ve reviewed AvaTrade in depth and given you my review, you should have a clear idea on whether or not this is a good option for you. But before I finish, I wanted to remind you of a couple of things about this trading platform. To give you an example, let me compare the fees charged by AvaTrade for several different products, so you get an idea of the spreads.

Bonus Offers

MT4 and MT5 both offer an extensive range of technical analysis tools. On the negative side, AvaTrade doesn’t offer the widest range of third-party platforms, as you can see from my comparison with other brokers below. Casual investors should bear in mind that a $50 inactivity fee applies after three months of zero activity, with an additional $100 charge after 12 months. While not a major drawback, this is higher than the $10 monthly charge at Plus500 and $15 charge at FxPro. The majority of products are available via CFDs, however spread betting and options are also available in some locations. For example, Vantage offers a standard, commission-free account alongside an ECN account with raw spreads and low commissions.

I would avoid wire transfers if you want your funds quickly – I found they can take several working days. I think AvaTrade could strengthen its account offering by providing specialized accounts to suit different styles. You can also see how AvaTrade’s regulatory credentials stack up against other brokers below.

Here you will find trading academies for Beginners, Intermediate and Advanced traders plus a Trader’s Gateway including a TV channel and in-depth technical analysis and fundamental analysis content. AvaTrade offers guaranteed negative balance protection to all clients. While most CFD brokers only offer it to retail clients in the UK and Europe to meet regulation requirements, AvaTrade offers negative balance protection to all their retail clients. AvaTrade offers a solid range of financial derivatives for trading. AvaTrade contract for difference (CFD) range stands out because they offer bonds, treasuries, and options which are only available with a few brokers.

Alternatively, there is a third-party copy trading solution, DupliTrade, which enables investors to follow signals and strategies in real-time. I found that the tool can be linked directly to an MT4 account avatrade review for simplicity. For those looking for powerful, third-party platforms, MT4 and MT5 are good options. They both offer flexible charting views, advanced technical analysis tools and customizable workspaces.

How long do AvaTrade withdrawals take?

In addition, AvaTrade offers high-leverage options so you can trade confidently and with larger positions. With a range of trading instruments, including cryptocurrencies, you have the power to trade anytime, anywhere. One of their compatibility highlights is their integration with Metatrader4 and Metatrader5. These are two of the most popular trading platforms in the marketplace today. As a trader, it’s important to understand that the spreads on AvaTrade are not set in stone. They fluctuate throughout the day based on market conditions, which is actually a good thing.

Trading Platforms

There’s also a free demo account, an excellent suite of educational resources and the AvaProtect risk management feature. Within the Discovery tab of the web platform or mobile app, you can access a wealth of high-quality resources, including market signals, a news feed, and an economic calendar. AvaTrade has a relatively strong investment offering, with 1,250+ instruments spanning popular asset classes like stocks, forex and commodities.

This is determined by the existing price of the instrument and the length of time in the future the option will expire. The difference is who the account is available for and the level of leverage. The shows the nations each account is available for and the leverage. AvaTrade gives you access to some of the best ETFs you can trade on leverage. Users of AvaTrade can trade with leverage, but the amount of leverage they can use depends on the region they are trading from. To increase your odds of success and minimize, it is best to copy trades from more than one trader.

It’s possible to contact AvaTrade via phone or chat (which isn’t always available). On AvaTrade, you can choose between candlestick, bar, or linear charts. The timescale of the charts can go from one month to one minute. You have the choice to overlay some 50 different analyses on any chart, including Bollinger Bands and the Aroon indicator. It also has apps for Android and iOS smartphones and tablets from which you can trade, and they actually look pretty good.

The firm has hundreds of thousands of traders, multiple industry awards and licenses from reputable regulators. Importantly, I didn’t uncover any reports of scams during my research, and most other user reviews are generally positive. You can reach the multilingual team 24/5 via multiple channels, including live chat, email, and WhatsApp. I’m glad to find local telephone numbers, ensuring customer service agents can respond to country-specific questions.

You can also take advantage of AvaTrade if you’re just starting out by checking out the number of “Beginner’s Trading Guides” that AvaTrade offers. Yes, AvaTrade is a good broker for beginners based on my assessment. The starting deposit is low, there is a free demo account, comprehensive educational materials, and copy trading solutions.

This makes it one of the most accessible brokers to retail traders and investors. However, it is important to note that AvaTrade cannot operate in the United States. With AvaSocial, you have access to experienced traders who can provide invaluable insight into the markets, helping you cut down on the learning curve considerably. Whether you are looking for new trading ideas or simply looking to improve your trading game, AvaSocial has got you covered. With AvaTrade’s compatibility, traders can access a vast library of custom indicators, trading robots, and a wide range of technical analysis tools to help them make informed decisions. The Central Bank of Ireland, FSCA, and ASIC regulate the AvaTrade professional account.