I like the trading environment at AvaTrade as it presents a range of trading platforms and enough assets suitable for most investors and traders. It also offers one of the best choices for beginner traders and a secure and trustworthy trading environment with a high level of transparency. Overall, I rank AvaTrade as one of the best retail brokers available. AvaTrade has 300,000 registered traders who place more than 3 million trades each month and has executed more than $1.47 trillion in traded value since inception. Its range of tradeable markets has nearly doubled year-over-year, and spreads for clients designated as Professional traders in the EU are quite competitive. The broker does well in providing a well-rounded range of asset choices for you to invest in.
Bonus Offers
AvaTrade is a noteworthy option for those looking for a reliable broker. The platform is tailored for traders who want a smooth, user-friendly trading experience without much intricacies. With its platform’s intuitive design, executing trades is effortless. One of its key strengths is its competitive spreads, offering traders cost-effective solutions in the highly competitive marketplace.
Trading Tools & Education
Here you can find 27 topics including chapters for just about every type of technical indicator you should know. Withdrawals will be returned to your account within hour once KYC verification is complete. If you made your deposit with a credit or debit card, then 200% of the amount of your first deposit must be returned to the credit or debit card before you can withdraw to other accounts.
AvaTrade’s Education materials
AvaTrade does not operate in the US, has no US regulatory license, and does not accept US-resident traders. AvaTrade has seven regulators, extensive experience, and remains one of the most transparent brokers. AvaTrade is one of the best brokers for beginners due to its trading academy, SharpTrader. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-free AvaTrade account. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with AvaTrade please share your personal review of the broker and what you think are strong and weak points.
- We may receive compensation from our partners for placement of their products or services, which helps to maintain our site.
- While most people will need to pay to access this content, AvaTrade clients can access this content for free.
- AvaTrade distinguishes itself with different sophisticated features designed to elevate its trading environment and empower its users with unrivaled market insights.
- AvaTrade is a noteworthy option for those looking for a reliable broker.
With access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), traders can leverage advanced charting tools, automated trading via algorithms, and copy trading features. AvaTrade has a dedicated website called “The Sharp Trader,” which provides all information a trader may need for trading. AvaTrade is a highly trusted and globally recognized brand known for its wide range of trading platforms for forex and CFD traders.
However, the stand-out feature for me is the AvaProtect risk management tool. This is fairly unique and offers protection against losses of up to one million dollars. WebTrader still provides sophisticated trading tools, including 10 chart timeframes and 14 drawing tools such as Fibonacci Retracements and Trend Line. Verification can help ensure real people are writing the reviews you read on Trustpilot.
Amazing and professional Client Service
Our Ava Trade review highlights the reasons we consider AvaTrade legit, and the best trading platform for beginners and experienced professionals alike. 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 Broker Review Editor’s Verdict
Its strict security measures, client fund protections, and adherence to international regulations make it a solid choice for traders at all levels. With this tool, your order ticket will be populated with details related to the options contract, which you can then modify by changing the price and expiration date. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.
Non-Trading Fees
Leveraged trading, AKA Margin Forex Trading, enables you to open larger trading positions than those available from your existing capital. And you can spread bet on the most of same financial instruments as you can when CFD trading. Additionally, compared to avatrade review the industry average spread, AvaTrade shows tighter spreads on most currency pairs. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
AvaTrade Fees & Commissions
They have a team available on a 24/5 basis through phone, email, and a web-based live chat service. This team can generally answer any questions you may have in a fast, professional manner. The broker website also supports a detailed FAQ section which addresses many of the most common questions you may have at any time. AvaTrade fees are generally fair, and they do a good job at trying to limit these as much as possible. You should not typically incur a deposit or withdrawal fee with the exception of if you are using a wire transfer, or exchanging an unsupported base currency.
- Withdrawals will be returned to your account within hour once KYC verification is complete.
- The AvaTrade website also supports a number of additional languages and they have a number of office locations around the world who can provide additional phone support from your local area.
- Beginners will appreciate the low $100 starting deposit, simple pricing model and beginner-friendly apps.
- AvaTrade also offers an intuitive mobile app, AvaTradeGO, which is free to download on Android and Apple devices.
We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. AvaTrade is backed by authorization from multiple top-tier regulators such as ASIC and MiFID, and has been awarded a high trust score of 94 by ForexBrokers.com. These credentials assure traders of a secure and reliable trading environment.
Account opening requires a minimum deposit of $100 if the deposit is made through credit card or wire transfer. The minimum opening balance depends on the base currency of a client’s deposit. AvaTrade’s fees include a buy/sell spread, Overnight Premium, inactive fee, and Administration Fee, all designed to be transparent and integrated seamlessly into trading operations. Our comprehensive AvaTrade review covers all the bases, offering clients a complete picture.
Both MT4 and MT5 are also available, catering to active day traders and automated trading strategies. This keeps things simple for beginners, providing access to the full range of instruments and commission-free trading. AvaTrade provides an excellent selection of trading platforms and tools.
The cost depends on the asset, expected volatility, and duration. AvaTrade will display the fee, which it deducts from your account balance when you execute your trade, and traders agree to it by taking the position. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
AvaTrade is also WebTrust compliant, and follows best practices to secure client information in terms of cybersecurity. AvaTrade Academy educational courses overview showing featured courses and sorted by category. Yes, based on your detected country of NL, you can open an account with this broker. He is a forex industry expert and an active fintech and crypto researcher. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.