AvaTrade Review 2025: Pros & Cons
Traders can practice on the platform to learn more about the financial markets. Also, advanced traders can try new markets to trade or new strategies. Nowadays, mobile trading is important for any trader to react to the news or special events. AvaTrade offers mobile versions of their trading platforms and a special mobile app for trading (AvaTradeGo).
You can trade bitcoin and other cryptocurrency with AvaTrade’s crypto CFDs. Here, the broker offer 55 vanilla options instruments which are rare to find on other brokers. The investment offering depends on the trading platform you choose to start with.
Is my money safe in AvaTrade?
From my experience, they are working very fast and give professional answers to your questions. As a regulated online broker, withdrawals with AvaTrade are made very quickly. The withdrawal takes a maximum of 3 days, depending on the withdrawal method. It is important to note that there might be additional delays caused by the clearance procedure of your local financial institution.
Education
I think AvaTrade could strengthen its account offering by providing specialized accounts to suit different styles. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. https://traderoom.info/is-avatrade-truly-a-brokerage-we-can-rely-on/ Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. AM GLAD ABOUT THE SUCCESS STORY I GAINNED FROM FINANCE CHARGE BACKA bunch of scammers.
If the spread is 3 pips on 1,000 units of a currency pair, then the compensation to the brokerage amounts to $0.30. AvaTrade offers Standard and Professional accounts, depending on your trading experience and regulatory jurisdiction. AvaTrader runs an online commercial trading academy for those wanting to learn to trade.
- In addition to forex, CFDs, and OTC options, AvaTrade also offers futures trading via the CME (and EUREX via the MT5 platform).
- With this account, you will be able to access leverage in line with the available traders with a Standard Account.
- Funds can be deposited and withdrawn with no penalty using readily available bank transfer platforms.
- The mobile trading platform mirrors the functionality and layout of the desktop platform, making it easy for traders to switch between platforms and functions.
- Leverage at AvaTrade varies depending on the instrument, location and your status as a retail or professional investor.
Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
Customer Service
One innovative feature available to traders is the AvaProtect risk-protection feature. This allows traders to hedge specific trades against losses. The risk tool has the ability to protect up to $1 million for a limited amount of time. The mobile trading platform mirrors the functionality and layout of the desktop platform, making it easy for traders to switch between platforms and functions. The responsiveness of the interfaces is quick and doesn’t hinder the procedures for placing new orders and exiting trades.
It provides educational content for beginners, focusing on online trading forex, CFD, along with technical analysis. It also provides information on order types and economic indicators that impact currency market. Like CFDs, spread betting lets you trade on rising and falling financial markets. Unlike CFDs, spread betting gives you the advantage of trading without capital gains tax and stamp duty. This decreases your costs and increases your profit potential. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career.
AvaTrade will exit you from your trades when your equity falls below margin requirements. In addition to expert advisers for trading automation via MetaTrader 4 and MetaTrader 5, AvaTrade offer DupliTrade (with MT4), ZuluTrade and MQL5 – Signal Service. We are opposed to charging ridiculous amounts to access experience and quality information. If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly. We may receive commissions on purchases made from links in this article.
AvaTrade guarantees safe customer funds and negative balance protection. For those looking to understand market trends, the platform’s trend exploration tools and market insight instruments are effective. They shed light on market dynamics, aiding informed decision making. AvaTrade supports desktop applications on Windows and Mac devices, providing a stable trading environment directly from one’s computer.
Withdrawal Options and Fees
Learn more about the trading conditions, the company, as well as deposits and withdrawals. The broker’s commitment to ensuring that support isn’t confined to standard hours is noteworthy. This extends an additional layer of assurance to traders navigating the markets beyond customary timeframes. Moreover, its website’s rich and detailed FAQ section fortifies traders with the self-help option. Here, standard queries and issues related to various aspects of trading and account management are addressed. AvaTrade distinguishes itself with different sophisticated features designed to elevate its trading environment and empower its users with unrivaled market insights.
Traders can also take advantage of additional fund protection of up to $20,000 with the Investor Compensation Fund (ICF) – during unexpected financial losses on the broker’s end. Definitely, read AvaTrade’s review to evaluate the platform’s trust and safety in 2024. The broker really stands out for the excellent customer experience it provides, as well as extensive opportunities for learning.
AvaTrade also stands out for its selection of extra tools to enhance the trading experience. The choice of copy trading solutions is particularly strong and makes the broker a good pick for aspiring traders and hands-off investors. AvaTrade also offers an intuitive mobile app, AvaTradeGO, which is free to download on Android and Apple devices. The application performed well during my tests, with a clean look and feel, dynamic charting and market sentiment data. For those looking for powerful, third-party platforms, MT4 and MT5 are good options.