It presents an excellent risk management tool, provides vital trading information, and allows traders to plan and maintain their portfolios. HelloSafe is a financial product expert that advises over one million users every month. Our specialists have tested the services of over 100 brokers worldwide by opening accounts and making real transactions. The starting deposit is low, there is a free demo account, comprehensive educational materials, and copy trading solutions. I also found the web platform easy to learn with a user-friendly interface. For experienced traders, there’s a good range of sophisticated third-party platforms, including MetaTrader 5, plus a large suite of assets and research tools.

To open an AvaTrade real account, click the «Open trading account» button in the homepage’s upper right corner. If you’re interested in the details of our approach to broker evaluation, you can familiarize yourself with our methodology. We invite you to continue reading the review to understand AvaTrade and its services better. Also due to regulations and international transfer laws, it may take additional days to receive the payment. For the Cons, there are not so many in our expert opinion, just as proposals vary according to the entity, there is no 24/7 support, and trading instruments are limited to Forex and CFDs.

Forex enthusiasts can navigate the markets without worrying about extra commissions, as the broker adds forex fees to its spread. Navigating through AvaTrade’s fee structure, we discovered it has a transparent and straightforward breakdown. This provides traders with the clarity they need in determining its competitiveness regarding fees and commissions. When we talk about trust and safety, AvaTrade ranks high with its secure environment for traders.

• The broker is also an attractive choice for traders offering transparency and robust risk management features.
• MetaTrader 4 and MetaTrader 5 are robust and reliable platforms for trading in the forex and other financial markets.
• Funds can be deposited in CAD or USD, with minimum deposit thresholds tied to account currency.
• AvaTrade’s annual turnover amounts to approximately 60 billion US dollars.
• It is worth noting that no swaps are charged on Islamic accounts, but there is one limitation – transactions that remain open for more than 5 days will still be subject to swap charges.

Fees & Costs

Commodity trading is subject to standard spread or “Spread Over Market.” For example, the typical spread for trading gold CFDs is 29 points. There are three significant differences between Professional and Standard accounts. We signed up to join AvaTrade, and it took us about ten minutes to complete our registration. The questions and information asked were all fairly basic and typical of what you are required to do when opening a broker account. While having many licenses certainly improves the level of trust, the absence of FCA authorization is considered a downside.

My opinion on the platform

With segregated funds, transparency, and access to diverse instruments, it’s a reliable broker for those prioritising safety in global markets. With a presence in key global markets and oversight by top-tier regulators like ASIC, FSCA, and CySEC, AvaTrade stands out as a safe, transparent broker. Its global regulation helps ensure a consistent, trustworthy trading experience for clients worldwide. ” promotion gives new traders a 100% bonus on first deposits between $100 and $300. This offer instantly doubles your trading power, allowing access to Forex, commodities, and indices with enhanced leverage from the start.

• 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.
• Forex enthusiasts can navigate the markets without worrying about extra commissions, as the broker adds forex fees to its spread.
• AvaProtect gives unique protection for individual trades against adverse movements for a set duration, helping you safely test strategies and gain practical trading experience.
• WebTrader platform is web-based, with no download request, and features a user-friendly interface with advanced charting and risk management tools.
• AvaTrade’s Premium Membership offers elite traders exceptional value through superior service, exclusive tools, and enhanced trading conditions.
• I find AvaTrade’s WebTrader easy to use with a sleek design and straightforward navigation.

Web Trading Apps

Aside from a modest $10 inactivity fee, there are no non-trading charges. Overall, AvaTrade delivers a competitive pricing structure that suits most trading styles. Many of AvaTrade’s platforms support algorithmic trading via Expert Advisors (EAs). MT4 and MT5 also have built-in strategy testers, and can be enhanced with VPS. Additionally, AvaTrade incorporates Capitalise.ai for code-free trade automation.

In a few minutes, you can create a demo account and start exploring the platform. That being said, if you’re looking to invest long-term in physical stocks or ETFs, AvaTrade won’t be suitable. Personally, I’ve used it for Forex and indices, and I’ve found the market depth and responsiveness to be very good. I found the fees reasonable for short-term trading, but if you’re looking to buy and hold your cryptos, you’re better off using a specialized platform like Binance or Kraken. No actual purchase, no wallet, and therefore no custody or transfer fees as on a traditional exchange. The broker is regulated by the Australian Securities & Investments Commission (ASIC) and properly registered with the SEC, which immediately reassured me.

How to contact support?

AvaTrade offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, and its own AvaTradeGO app. Traders can access these platforms on desktop avatrade review or mobile, ensuring a smooth experience whether they trade manually or use automated strategies. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. AvaTrade also offers more than 60 ETFs (exchange-traded funds) in addition to 44 forex options.

Does AvaTrade accept US clients?

It allows traders to practice with virtual funds and gain real-market experience without making a financial commitment or risking real capital. This Top 10 Forex Broker maintains a legit presence across multiple jurisdictions, ensuring compliance, transparency, and trust. Our Ava Trade review highlights the reasons we consider AvaTrade legit, and the best trading platform for beginners and experienced professionals alike. One of the key areas where AvaTrade shines brightest is licensing and regulation. As one of the premier brokers with welcome bonus, AvaTrade maintains the highest regulatory standards among global authorities.

Added to this selection, they also provide a dedicated, user-friendly platform solely for options trading, AvaOptions. Copy trading too is catered for through the popular third-party trading platform Duplitrade which completes a strong lineup of trading platforms with something to offer everyone at Avatrade. AvaTrade offers its powerful trading features within its intuitive mobile applications, which are available on Android and iOS devices. With the mobile apps, traders can monitor markets, execute trades, and utilize basic charting tools anywhere. The broker’s commitment to user-centricity is evident in its demo account.

AvaTrade’s  ZuluTrade and DupliTrade

That said, AvaTrade’s proprietary platforms could benefit from more advanced features and better research integration. Overall, it’s a great choice for traders seeking comprehensive platforms and strong educational support, but those looking for the most competitive pricing and research tools might find better options elsewhere. 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. One of its key strengths is its competitive spreads, offering traders cost-effective solutions in the highly competitive marketplace. AvaTrade offers a platform that suits both fledgling and seasoned traders.

Inactivity Fee

On top of that, you get access to the Guardian Angel plugin for an enhanced MetaTrader experience, plus Capitalise.ai—an automation tool especially handy for crypto traders. My live testing showed that AvaTrade charges low-to-average spreads on forex and commodities, average spreads on share CFDs, average-to-high on indices, and high spreads on cryptocurrencies. The most competitive pricing was on EURUSD and crude oil, while BTCUSD had quite an elevated spread.

Beginners will find comfort in the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of customization and analytical tools available in MetaTrader. While the broker offers around 250 instruments covering mainly popular instruments, FP Markets leads with over 10,000 instruments, giving traders more diversity. AvaTrade requires a minimum of $100 to start, whereas Pepperstone and HFM have no minimum, making them more accessible for beginners yet still all among low requirements too. Lastly, AvaTrade customer support 24/5 while competing brokers like Pepperstone and FP Markets offer 24/7 support, which can be beneficial for traders in different time zones. In addition to main tools either available on the platform or through the main website, AvaTrade offers a range of extra tools and features designed to improve clients’ trading experience. Tools like Autochartist and Trading Central offer technical analysis, while Social Trading allows users to follow and copy successful traders.