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AvaTrade Review 2020

Minimum Spread :   $1
Foundation Year :   2006
Min Deposit $ 100
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AvaTrade Review – Deep analysis and user’s advantage: AvaTrade founded its stepping stone in the realm of the financial market in 2006. The official website states their sole motto to be empowering people in trading. They want to evoke confidence in traders to take up stakes in various assets. 

The company wishes to keep the interest of all its customers ahead and help them in recognising true potential. Let’s find out the veracity behind their tall claims in this detailed AvaTrade Review, and how are they serving financial traders. 

What are the trading platforms AvaTrade use?

A trading platform is like an engine to a vehicle. If it performs better, the ride is smooth; otherwise, it can break down in the middle. AvaTrade has got the matter into place. It is using three manual using platforms; MetaTrade4, MetaTrade5 and in-house AvaTradeGo. 

The formers have a reputation of offering excellent user experience and service. Especially, MT5 has some outstanding features and reports in its favour. It is compatible with Linux, Mac OS and Windows equally. 

However, the performance of the latter is not known. Moreover, one can learn it by using it more practically than hearsay. But having two options go into the favour of users. Also, they come laden with full mobile support applications. Although, customers looking for automated platforms can choose from Zulu trade, and other varieties. 

AvaTrade Broker Review: Contact support

It is an essential part of any trading platform. Investors usually get stuck, and they require professional help. AvaTrade provides plenty of options to get in touch with customer care executives. One can get in touch through the live chat, e-mail id or through a phone call. The facility is available in several languages. 

Also, one can comment on their official Facebook page and get in touch with a customer representative. 

How are the safety and security features offered in AvaTrade?

Due to online theft and crime rising at an alarming rate, people get concerned for their funds. A safe trading environment is the right of every trader. As for security, it is a licensed broker company regulated by many countries. 

The British Virgin Islands, European Union, Japan, Australia, Japan and South Africa are a testimonial to it. 

AvaTrade has registration in all the countries. In Australia, ASIC regulates its working procedures (License No.: 406684). Besides, it is a registered company in the British Virgin Islands where BVI monitors all its work (No. SIBA/L/13/1049). In Japan, the Financial Services Agency and FFAJ regulate the company (License No. 1574.)

Talking about South Africa, the Financial Sector Conduct Authority does it ( License No. 45984.). And in the Middle East, the Financial Services Regulatory Authority takes care of regulation processes. 

Hence, with so many agencies and regulatory authorities making sure the smooth conduct, AvaTrade scores big here. 

Does Avatrade have education tutorials for financial markets?

The query is legitimate for investors, precisely the newbies. The website incorporates free exclusive videos, e-books, and articles. Moreover, it offers daily market analysis to improve skills of traders and give them a dose of knowledge. For catering people of different ethnicity, the company conducts webinars in several languages.  

To find more of such content, people can visit their official youtube channel. 

How can people deposit and withdraw funds in AvaTrade?

The fund deposit and withdrawal is a vital issue. Avatrade has a plethora of options for its users when it comes to funds. Investors can seek help from Neteller, Paypal, Skrill, Visa, Mastercard, credit cards and debit cards for the purpose. Also, WebMoney is among the alternatives. 

However, there are some prerogatives. One has to transact with a money equivalent to dollar hundred. Also, deposit takes a little time, but withdrawing might take up to five business days. Someone with the urgent need of funds might have to wait. 

Does AvaTrade provide an insurance customer’s account?

Yes, the company has a tie-up with ICCL (Ireland’s Investor Compensation Company). It offers a coverage of Euro 20,000 to account holders. Following the EU financial guidelines, there is also negative balance protection involved. It is beneficial for people lacking enough funds to trade. 

However, the company does not provide any additional insurance for the risk coverage. 


Protection gears are crucial to build a wall of trust. The company is taking some measures. It has segregated accounts for different purposes. The platform has a facility of one-time password (OTP). That means, every time a person logs in, a message gets delivered on the owner’s mobile or e-mail id.

However, AvaTrade does not provide the facility of two-factor-authentication for mobile, desktop or any other device. It poses a safety hazard to account handlers. Moreover, the dealing desk raises the concern for the conflict of interest. 

What are the features on AvaTrade?

The broker allows for high leverage due to ESMA guidelines. However, only veteran users and financial traders will find it easy to utilise the benefit. Also, it requires a bigger account and the industry experience to qualify. 

Traders have an option to use even third party platforms for social trading and copy. In addition, the Autochartist plug-in supports aids in technical superiority to the MetaTrader. However, it is an expensive deal, which requires at least $ 500 to use it. So, it negates several users. 

The company is offering fixed and floating spread accounts for bigger spreads. 

What are the commission & fee charges on AvaTrade? 

If someone does basic trading caring for all the limitations, then there are no or little charges. There are low spreads for them and no commission charges. But as soon as they cross it, maturity rollover and overnight interest calculations come into play. Also, the amount of charge depends on the type of account a trader is operating. 

Professional traders have to pay a lesser charge on spreads than the retail ones. There is no proper information available regarding minimum floating spreads. 

Also, there is no discount available on volumes. Plus, for three-month account inactivity, one has to pay dollar 50 to get it activated. And for the prolonged no activity, it charges dollar 100 as an administrative fee for enabling it. 

Are there any bonuses or promo codes?

The offers of bonuses and promo codes are subject to availability and location of the user. One can visit the official website to gather more information on the topic. Also, they can contact the customer care representative. 

What are the trading products and assets on AvaTrade?

The brokerage company deals with foreign currency exchange, indices, stocks and cryptocurrency. Besides, ETFs, bonds and commodities are also there as options. 

People interested in currencies have fifty pairs to make a selection. The market operates 365 days a year in some regions for the entire day. The leverage is 1:400 and with spreads as low as 0.8. 

In cryptocurrency, it has Bitcoin, Ethereum, IOTA, EOS, Dash, NEO, Stellar, Ripple and Litecoin. Along with them, Bitcoin cash and Bitcoin gold are also there. The leverage here is 1:20

The AvaTrade broker provides the facility of complex financial derivatives to trade in various assets. 

The economic calendar in AvaTrade

The economic calendar gets hold of all financial events taking place daily. Learned and experienced traders anticipate the market outcome and strategise bidding and selling accordingly. 

The events can bring some change in the value of other instruments. 

Pros and cons of AvaTrade

The company is on the voyage of improvement. If one compares the website now and two years before, they will find plenty of upgrades. To analyse it better, let us find out some pros and cons:-


  • It facilitates traders with a demo account. Investors can practice on it and then decide whether to continue or quit.
  • The account opens within a day on the website.
  • It won an award in 2019 for one of its services.
  • The API has integration with many platforms.


  • One finds it tough to get support on the phone.
  • Inactivity fees are high.
  • Administration fee gets charged. 
  • It does not trade publicly. 

AvaTrade Review: Conclusion

AvaTrade has extensive experience considering online trading. It is evolving itself and adapting to the market requirements. From last year until the current time, there are many functional changes visible on the website. It is keeping the broker alive in the competitive market. 

However, everything said and done; there are some points where the company can work out. Most important is the clarity of prices and charges on several transactions. There has to be a distinctive policy on the website regarding the fee structure of other services. Also, one can go through the interiors and functionality by login into the demo account. 

AvaTrade FAQs

Is it safe to trade on AvaTrade?

Many agencies spanning various countries monitor the company. It has licenses in EU, BVI and from other reputable authorities. The broker website has a business running in Europe, South Africa, Middle East, Australia, Japan, to name a few. 

What is the minimum deposit in AvaTrade?

At the beginning of the transaction, one has to have a deposit of a hundred dollars or money equivalent to it. Investors can do this using method like credit cards, debit cards, e-wallets like Skrill, Neteller, Paypal and WebMoney. 

What is the way to withdraw from Avatrade?

The following steps are helpful:-

  1. In a first, attempt a login on your account using the credentials.
  2. After successfully login in, visit the section of withdrawal.
  3. Fill the withdrawal form provided there wholly.
  4. Once that happens, the process of withdrawal will start. 

That is now in AvaTrade Review 2020. Share your thought about our content. Write a review of AvaTrade broker below.

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