AvaTrade have some of the most competitive spreads I have seen and rapid trade execution speeds in comparison to many other online forex brokers. This established broker has plenty of forex currency pairs (50+ majors / exotics) and even cryptos for you to trade online with some of the most impressive trading conditions from my experience.
AvaTrade have won multiple awards over the years including best European broker, best trading experience, best dealing room and best broker. They also provide expert advisors (or you can use your own) along with copy trading platforms where you can copy trades of professional forex traders.
The AvaTrade support team is also excellent and on hand to rapidly answer all of your questions 24 hours a day in 15 different languages. This is important as I have found some brokers to always have their chat offline and even take days to respond to basic email queries.
AvaTrade Review Introduction
In this AvaTrade review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including AvaTrade.
AvaTrade Platforms & Tools
AvaTrade offer the ever in demand and popular online forex trading platform, MetaTrader 4 (MT4). This platform is available to trade via desktop, laptop, tablet or phone through the provided app. This way you can keep up to date with your trading activity on the go.
Along with intuitive online trading platforms, AvaTrade provides an economic forex calendar, technical analysis, fundamental analysis and important market updates.
AvaTrade Research & Education
AvaTrade has some of the latest market innovations including Sharp Trader which is a trading academy that is very useful to retail forex traders and DupliTrade which is a very innovative social trading platform where you can share trades and analysis with fellow forex traders.
AvaTrade is good for beginners as they provide step by step educational guides to get you started with forex trading whilst also offering free demo accounts so that you can practice trading with an AvaTrade demo account. Once you are familiar and happy with AvaTrade, you can then open a real trading account easily and quickly with a minimum deposit suitable to most forex traders of just $100.
They even provide free eBooks and video tutorials giving you plenty of forex trading knowledge all in one place and at no extra cost.
AvaTrade Trading Accounts
Primarily, AvaTrade offers a standard account which requires only a $100 deposit to take advantage of the superior trading conditions they provide whilst you can also test them out with a completely free demo forex trading account. Muslim traders can use the ‘swap free accounts’ on offer from AvaTrade. Professional traders are also catered for with the MAM (managed) account options provided.
What leverage do AvaTrade offer?
AvaTrade have very flexible leverage options for all forex traders. The leverage offered can vary depending on your geo location.
What deposits do AvaTrade offer?
AvaTrade offer a wide variety of deposit / withdrawal method to their clients including credit cards (VISA, MasterCard, debit), Bank Wire Transfers and E-Wallets including Paypal, Skrill, NETELLER and WebMoney.
What regulation does AvaTrade have?
AvaTrade has regulation with CBI, FSO, B.V.I, ASIC, IIROC, FSCA, FFA, and FSC across an impressive 6 jurisdictions. These regulatory licenses span across 5 continents with AvaTrade having a wide global offices presence. This is one of the most impressive regulations I have ever seen from any forex broker.
AvaTrade Review Summary
AvaTrade are hands down one of my favourite forex brokers and there is a reason they have been around so long and had some huge sponsorship deals along with multiple awards won. That aside, the trading conditions I have found to be extremely competitive for the average retail forex trader with plenty of liquidity that can help to ensure fast trade execution with minimal slippage. Not to mention the low spreads (especially on major pairs) and excellent customer support (rapid!).
Visit the AvaTrade official website to see all of the great benefits they provide to clients and get your free forex demo account to start trading with one of the largest forex brokers out there!
It is worth mentioning that some of the trading products and services in this AvaTrade review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the AvaTrade broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Competitive spreads
- Low slippage
- Award Winning Broker
- Plenty of Liquidity Providers (LP's)
- Fast deposit / withdrawal
- Excellent 24/7 support
- MetaTrader 4 platforms
- Multiple account types
- Many Trading Tools