76% of retail CFD accounts lose money
- Multi-regulated broker in tier 1 jurisdictions
- Low minimum deposit of $100
- Many deposit options
- Over 1000 instruments to trade
- MT4 & MT5 available
- Negative balance protection
- High inactivity fee
Type of Broker:Forex / CFD broker
AvaTrade Review 2023
Founded in 2006, AvaTrade is primarily based in Dublin, Ireland. Although they are an Irish forex broker, AvaTrade has sales and support offices located throughout the world, including Sydney (Australia ), London (UK), and Tokyo (Japan).
For over twelve years, AvaTrade has worked with over 400,000 retail and institutional Forex traders worldwide and established itself as a reputed Forex broker that mainly operates in the online financial industry.
They are a truly global broker committed to offering its clients the best possible trading security with regulations in Ireland/Cyprus (EU), Australia, UAE, Japan, South Africa, and Israel.
Its platform provides access to over 1,000 diverse instruments such as forex pairs, stocks and ETFs, commodities like gold and silver, and cryptocurrencies*. Plus you can benefit from competitive spreads.
Our AvaTrade review provides an in-depth look at its features and benefits – so dive in for the full scoop.
MT4, MT5 ,Web Based, iOS and Android
Central Bank Of Ireland, CySEC, FSC, ASIC, FSCA, FSA, and ADGM
Max. Leverage (Retail):
1:30(UK/EU/AU) / 1:400(FSC)
Max. Leverage (PRO):
Demo, Retail, Professional, and Islamic
Forex, CFDs, Bonds, Indices, Commodities, Shares, Options and crypto*
Regulation & Trust
AvaTrade is accredited by multiple financial jurisdictions globally, including the European Union with the Central Bank of Ireland and Cyprus Securities and Exchange Commission (Cyprus), Australia via the Australian Securities & Investments Commission (ASIC); Japan by Financial Services Agency (FSA), South Africa by Financial Sector Conduct Authority( FSCA) the Middle East via Abu Dhabi Global Markets (ADGM), and the British Virgin Islands under control of a dedicated Financial Services Commission.
Trading Platforms & Tools
- MetaTrader 4 & MetaTrader 5
AvaTrade.com.au understands that different traders have different needs based on their frequency of trade and preference of access. To meet such varied requirements from a diverse and global client base, AvaTrade has invested in developing several trading platforms. Besides, they also offer the popular MetaTrader 4 and 5 platforms so that their clients feel right at home when they decide to switch to AvaTrade.
AvaTrade also offers a standalone trading platform, WebTrader. It’s an exclusive Forex and CFD trading platform that offers clients a professional set of tools they need to manage their accounts from either desktop or tablet successfully.
Besides offline trading software and cloud-based Web Trader, this forex brokerage has also developed AvatradeGO, separate mobile trading apps for both iOS and Android devices and smartphones so that customers can trade on the go.
If you are interested in options trading, you can choose AvaOptions, where you can trade over 40 FX options, with risk management and stop and limit orders tools.
They offer three options – DupliTrade, ZuluTrade and AvaSocial – which makes it easy to learn from successful traders by copying their strategies and improving your own performance.
Instruments & Assets
With over 1,000 instruments at your disposal – everything from forex to cryptocurrencies*.
- Forex: With over 55 currency pairs, you can trade popular currencies like USD/EUR, JPY/EUR and USD against their counterparts such as EUR or NZD with ease.
- Indices CFDs: +60. Enjoy access to some of the most important equity indices, such as Dow Jones and S&P 500 in North America; FTSE 100 from UK & Europe; ASX 200 from Australia and Nikkei 225 from Japan.
- Stocks CFDs: +90.
- Commodities CFDs: Trade a broad range of commodities such as precious metals, indices and agriculture by trading in Contracts for Difference (CFDs).
- Bonds CFDs: Trade government-backed securities with Contracts for Difference (CFDs) on Japanese and European bonds.
- Crypto*: We also found that AvaTrade is one of the brokers operating in the forex trading market that offers Bitcoin as a trading asset.
You can trade 15 crypto CFDs with AvaTrade: Bitcoin, Ethereum, Shiba Inu, Dogecoin, EOS, NEO, Chainlink, Dash, Uniswap, Litecoin, Solana, Polygon, Stellar, Miota and Ripple.
*Disclaimer: Crypto trading and promoting is banned in the United Kingdom.
- AvaTrade Fees
They only charge a $50 inactivity fee to clients that trade accounts without activity for 3 consecutive months.
AvaTrade offers floating spreads starting with as low as 0.9 pips on EURUSD or 1.5 pips on GBPUSD.
AvaTrade leverage varies depending on the jurisdiction you live and traded assets. For example, if you are based in Europe or Australia and trade forex, your maximum leverage will be 30:1. If you are in Hong Kong, you can get leverage up to 400:1.
Type of Accounts
There are 3 different types of AvaTrade accounts around the World: Standard (Retail), Professional account and Islamic.
Ideal for novice traders, this account provides an ideal entry point with a $100 deposit and no commissions. Enjoy tight spreads from 0.9 pips while taking advantage of maximum leverage up to 1:400*
*It’s depending on your location and asset to trade.
Experienced professionals can also access this account if their trading portfolio has been active for 12 months or more with funds in excess of €500,000 – perfect for those looking to take the next step on their investing journey!
Islamic trading accounts offer an attractive option for Muslim traders. These special Sharia-compliant accounts, known as ‘Islamic Accounts’, enable investors to enjoy all the benefits of commodities trading without incurring any additional fees or interest charges.
- Demo Account
Their 21-day free demo account is a great way for traders to experience the platform and its features in a risk-free environment. Trades on this account are simulated, so no real money is involved – meaning you won’t gain or lose any actual funds.
How to Open an AvaTrade Account?
We have found that opening an account with AvaTrade is quick and easy. You only provide your email address, create a secure password according to accepted requirements, fill out the registration form pages as needed, and then verify the account. In no time you’ll be ready to start trading – it’s that simple.
Deposit & Withdrawal Options
For Australian clients, they accept deposits in both the Australian Dollar and US Dollar. Clients can obtain payment method details after opening a live account with them.
- Minimum Deposit
For opening an account, with them, the requirement is pretty low at $100, as it is aimed at individual traders.
Client Support & Education
Customers of AvaTrade can reach their customer service by calling its international phone nr +3537766705834 from Sunday GMT 22:00 to Friday GMT 22:00.
Although They do not list any email address on their website, you can always use their contact form to submit a request. Also, they have a live chat option on their website that customers can use to get customer support.
Research & Education
Their trading education materials are very good for beginners and professionals. You can find courses, market analysis, techniques, economic indicators, ebooks, and videos, but webinars and live education are not offered now.
Since 2006, They have been involved in offering innovative Forex brokerage solutions to their clients in every continent. Their cutting-edge technology platform coupled with a willingness to work with government regulatory authorities has helped them create a safe and secure trading environment for all types of traders.
Acknowledging this fact, They have come up with four different types of trading accounts to cater to different traders with varied requirements.
If you are looking for a global CFD broker with a focus on your local market, AvaTrade could be a good option as they are regulated by multi jurisdictions.
Frequently Asked Questions about AvaTrade
Is AvaTrade legit and safe?
Yes, it’s a trusted broker. As a global online platform, they are regulated by some of the major government regulatory bodies, including the Central Bank of Ireland (Europe), ASIC (Australia), FSA ( Japan ), FSCA ( South Africa ), BVIFSC, and the ADGM-FSRA (Abu Dhabi, UAE).All customer funds are held in segregated accounts at tier-1 banks.
How does AvaTrade work?
You can start trading over 1,000 instruments with only a $100 minimum deposit to start trading if you want to open a real account. However, to try their platform you can go for its free 21-day demo account.
What is the minimum deposit on Plus500?
They only require a minimum deposit of only $100 to open a live retail account.
How many assets can be traded at AvaTrade?
They currently offer over 1,000 assets including forex, crypto CFDs, stock CFDs, commodities CFDs and index CFDs.
Where is AvaTrade’s headquarters?
Their headquarters is based in Dublin (Ireland, EU).
Is AvaTrade available in the USA?
No, AvaTrade is not available in the United States. AvaTrade is a financial trading platform offering CFDs on currencies, stocks, metals and commodities that allows traders to access global markets with ease. Despite its global presence, AvaTrade does not accept clients from the United States since it has yet to be regulated by any U.S. regulatory body such as the Securities and Exchange Commission (SEC).
The company holds licenses from multiple countries across Europe, Asia and Africa including Japan, Australia, Ireland and South Africa just to name a few of its international regulators that allow them to operate globally except for within the United States.
Authors of this AvaTrade review
Market Analyst / Trading Consultant . Asif worked as a prop trader for almost a decade, and later he managed trading operations for one of the largest foreign exchange strategy developers in Europe. Currently, he works as a trading consultant to several brokers and writes about various tech and financial topics. You can reach him at firstname.lastname@example.org
John Stuart is the editor’s chief of BrokerTrending and our expert broker. He has been in the online trading business for over 12 years, and he knows everything there is to know about the stock and forex market. When he’s not giving advice to the top investors, John can be found spending time with his wife and two children.
$50 per quarter