AvaTrade
2.3/5

AvaTrade

✔ Fast account opening ✔ Excellent research tools
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Home » AvaTrade

AvaTrade was founded in 2006 and is a forex and CFD broker based in Ireland. The broker is regulated across various jurisdiction areas, including the EU, Australia, and the UK. With world-renowned authorities overseeing its trading services, AvaTrade is safe for all your trading activities.

Pros
  • Over 1200 tradable instruments for forex and CFD trading.
  • Hosts MT4, MT5, and AvaTradeGO app for mobile devices.
  • No charges on deposits and withdrawals.
  • Excellent tools for research and education
Cons
  • High inactivity fee that kicks in after three months.
  • No two-step authentication for the AvaTradeGO app.
AVATrade
AVATrade
AVATrade
AVATrade
AVATrade
AVATrade
AVATrade
AVATrade

AvaTrade – Who Are They?

AvaTrade currently has over 300,000 registered traders globally, with over 3 million active trades conducted every month. With authorities like ASIC and the Central Bank of Ireland overseeing its activities, rest assured that you will receive the highest level of service trading with AvaTrade. 

The account opening procedure at AvaTrade is fast, letting you dive into the trading markets in minutes. The broker also has a $100 minimum deposit requirement, which you will deposit without incurring transaction fees. 

avatrade review

However, AvaTrade is primarily recommended to active traders. This is because its inactivity charges kick in a lot sooner compared to its peers. You will pay a $50 per quarter inactivity fee after three months of no activity, and an administrative charge will also be imposed should you not use your trading account for 12 consecutive months. 

AvaTrade’s trading platform is user-friendly, with excellent search functions and order types to protect your trades. Its MetaTrader 4 and 5 platforms are backed up with excellent trading tools, perfect for traders looking for resources to challenge their skills.

When it comes to social trading, this broker’s AvaSocial platform is there for you to meet and share ideas with other traders. There is also the DupliTrade platform where you can copy expert traders’ positions should you see the potential of them making profits. All these automated platforms can be accessed via the MetaTrader platforms. 

Compare AvaTrade With Other Brokers

Compare with other broker
Minimum deposit
Payment & Withdraw options
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Software
License
Demo account
Money Insurance
Stock Assets
Forex Assets
Commodities Assets
ETFs Assets
Cryptocurrency Assets
AvaTrade logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$100
Credit Card, FasaPay, MoneyGram, Perfect Money, Skrill, Swift, Webmoney, Western Union, Wire Transfer
Free
Free
Free
Free
Free
MetaTrader 4, MetaTrader 5, WebTrader, Automated trading, AvaTrade Mac, AvaTradeGO, AvaOptions, Mobile Trading
FSC, ADGM, ASIC, FSCA, FSA, FFA, FRSA, CySec, ISA
Yes
Yes, up to €20.000
99
59
17
60
8
eToro logo
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Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$200
Credit card, PayPal, Bank transfer, Neteller, Skrill, WebMoney
0.1%
0.1%
From 1.5%
0.1%
From 2 pips
eToro Proprietary Platform
ASIC, CySec, FCA, FSAS, FSCS
Yes
Yes (up to $115,793)
2044
47
13
145
15
Plus500 logo
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Risk Warning
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$100
Bank Wire Transfer, Credit cards, Paypal, Skrill
Spreads apply*
Spreads apply*
Spreads apply*
Spreads apply*
Spreads apply*
Plus500 Webtrader
ASIC, FCA, FSCA
Yes
2000+ (CFDs only)
70+ (CFDs only)
4 (CFDs only)
96 (CFDs only)
9 (CFDs only)
CMC Markets logo
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Risk Warning
69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
No
Credit cards, Paypal
0.08%
0.11%
From 0.7 pips
0.08%
From 0.3 pips
MetaTrader 4
FCA, BaFin
Yes
Yes (up to $115,793)
8,000
338
136
1,000
13

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Our Opinion About AvaTrade

We are impressed by AvaTrade’s account opening procedure since it is seamless and quick. On top of it, you can make your deposits and withdrawals through various payment methods such as e-wallet, bank transfers, and debit/credit cards free of charge. 

The customer service on AvaTrade is also very responsive and can easily be accessed through email, live chat, and phone. However, the support service availability is 24/5, which should not be a determining factor for as long as it fits right into your trading schedule. 

AvaTrade has its drawbacks as well. First, you can only trade forex and CFDs. You also have to be an active trader to enjoy this broker since its inactivity charges kick in after only three months. 

Generally, AvaTrade is a good broker for both newbies and professional traders alike. The excellent learning materials will help you improve your skills and quickly catch up with other traders. So, create a demo account and start getting familiar with AvaTrade.

Thadeus Geodfrey
Thadeus Geodfrey

is a copywriter with extensive experience in trading. Thadeus knows exactly his field and what he writes about. His goal is to make life easier for traders and provide them with important information about brokers. Now, he continues to be active in trading and researching brokers for you.

There is no need to doubt his experience because the guides Thadeus writes speak for themselves. He knows exactly what to draw your attention to and will tell you truthfully about each trading platform.

AvaTrade Details

Licences
OnlineTrading.Reviews Rating:
✔Fast account opening
✔Excellent research tools
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
5.0
Customer support
4.0
Commissions & Fees
4.0
Platform & Tools
5.0
Research
4.5 Overall Rating

9 Replies to “AvaTrade”

  • Samu says:

    I use this broker because AvaTrade offers an extensive selection of platforms and tools for automated trading. It is very comfortable for beginners traders. Also, AvaTrade spreads are among the lowest in the industry, so I recommend it.

    • amir says:

      I have problems downloading AvaTrade
      can u help?

      • Samu says:

        what’s the problem?? just follow the directions on the website

      • Step says:

        I opened an Avatrade account yesterday. I really surprised how quick and easy it was

        • Curtis Simmons says:

          Data suggests that most traders lose money. Trading isn’t easy. It takes time and a lot of practice to perfect. And, in trading, mistakes are costly and result in huge financial losses.
          The most common reason for failure in trading is the lack of discipline. Most traders trade without a proper strategic approach to the market. Successful trading depends on three practices. First, investors need a guidebook/mentor/course to help or guide them in daily trading. Secondly, never forget to stop losing. Don’t enter a trade without placing a stop loss. It will help you to keep losses at a manageable level. And thirdly, you should have a focus. And in intraday, it is to protect your capital and minimize losses. Without discipline, your chances to become a successful day trader are slim.

  • Brice Nash says:

    AvaTrade is a good broker, nice and easy to set up and you can have a demo account as you need to practice! I would also like to note the professionalism of the support service! Also, you can trade in MT4 and MT5 trading platforms through them. So my advice is to try it for yourself with a minimum deposit.

  • Nicholas says:

    AvaTrade also offers social trading, which allows you to follow the trading activity, engage in discussion, and even copy the trades of other traders.

  • Karl Hooper says:

    I have traded with many, but Avatrade, Saxo markets, or Admiral Markets would be the best choices. In fact, besides other great services, Avatrade has its own trading academy known as Sharp Trader. On the contrary, if you do not prefer regulated brokers, you must give a shot to Admiral Markets as it provides the tightest spreads with minimal commission charges in addition to amazing offers.

  • Pie says:

    Avatrade and some others brokers like Pepperstone and IC markets are some of the reliable copy trading platforms, In them, you can choose professional traders to copy.

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