|Account Types||Demo Account, Low Value or Micro Account, Standard Accounts,|
|Customer Support||Multi Language Phone Support, Multi Language Live Chat, Multi Language Email Support,|
AvaTrade offers online forex trading services as well as CFD’s from its Dublin based headquarters since 200, trading includes government bonds, Bitcoin, ETF, equities, commodities, indices and foreign exchange.
Emanuel Kronitz, Clal Finance and Negev Nosatzi found Ava FX in 2006. The AvaGroup led at the time by Notsatzki and Kronitz wanted to offer customer-orientated forex broker services and Ava FX rebranded in 2013 as AvaTrade. The name change projected the companies extended forex services and financial services. In the same year, AvaTrade announced that it had reached 200,000 registered accounts in more than 160 different countries and executed more than 2 million trades every month.
While AvaTrade’s headquarters are based in Dublin in Ireland, its holding company is based in the British Virgin Islands. The company also have sales centres and offices in Mongolia, Ulaanbaatar, China, Australia, Sydney, Shanghai, France, Italy, Milan, Paris, Japan and Tokyo.
The Japanese Forex broker Art Co was acquired by AvaTrade in July 2010, after which the company also acquired eForex’s non-US client base in March 2011. AvaTrade also acquired Finotec Trading UK Limited’s clients and client assets outside the EU in June 2011 and in July 2014, confirmed the purchase of YouTradeFX’s Australian client base.
AvaTrade is not only praised by its wide client audience but has been honoured with several awards for exceptional services including Best Customer Support by Daily Forex in 2009. At the World Foreign Exchange Awards, the company was named as the Most Transparent Broker, Best Forex Broker in Canada, Best Forex Broker in the Middle East, Best Forex Broker BVI, and Best Islamic Forex Provider in 2010. In 2013 AvaTrade was awarded by Investing.com for Excellence in Security of Funds, while named in 2015 by FX Empire, Best Forex Broker of the Year and in 2016 the company ended in the Daily Forex’s 4th place.
Licensing & Regulation
AvaTrade is regulated in several jurisdictions, which includes by the Central Bank of Ireland in the EU, the Australian Securities & Investments Commission in Australia and The British Virgin Islands Financial Services Commission. The company is also regulated by the Financial Futures Association of Japan and Financial Services Agency of Japan as well as the Commodities Futures Association of Japan and provides trading services to traders from around the globe, while the strongest markets are Asia, the Middle East and EU, no services are offered to the US.
AvaTrade’s innovative App called AvaTradeGO is available for free downloading from both the Google Play or App Store. The apps enable traders to connect with all the global markets via social trends and live feeds, which is a great way to discover trading opportunities via an intuitive and user-friendly app.
The sophisticated dashboard of the trading app offers a complete set of management tools, helpful features as well as clear charts. Mobile traders can also switch between, real, demo or fixed spreads.
Via the exclusive technology used by AvaTrade Go, mobile traders get to keep track of all market development in real time, monitor social trends and with the technological capabilities of the app access is granted to key financial information to guarantee clear analysis.
Both the Android and iOS app’s unique trading features enable users to view trades at a glance, view live charts and prices as well as create their own watch list. By downloading and installing the app, trade is possible with over 240 instruments, which includes cryptocurrencies, stocks, forex pairs and commodities. Support is offered to mobile traders in 14 different languages via chat 24/7.
Brand & Functionality
AvaTrade’s goal is to empower individual around the world to trade with confidence in a safe and secure online environment. The company’s core values are innovation and integrity, while the client comes first and all efforts are centred to enable traders, new and experienced to reach their full potential. Superior services offered by AvaTrade includes a diverse range of instruments, exceptional 24/7 customer support as well as the variety of different platforms, combined to ensure that every client enjoys a pleasant experience.
Traders at AvaTrade have access to ongoing educational information that improves their trading skills via articles, e-books, free videos and daily market analysis. The company also offers webinars in a variety of different languages that apply to all traders from beginners right through to experts. Platform languages supported include Finish, Serbian, Turkish, Hungarian, Spanish, Swedish, Russian, Japanese, Italian, Portuguese, German, Hebrew, French, Chinese, Arabic and English.
Support is available any time of the day or night and offered in fourteen different languages to ensure every trader have all the information he/she requires, once a deposit equals $1,000 or more a dedicated account manager is assigned to the client.
AvaTrade offers two registration options, the first is a real AvaTrade account to enjoy the full set of benefits, while the other option is the Master the Art of Trading account in which anyone new to online trading get to enjoy $100,00 worth in virtual money to use in practice mode, which offers a great way to get familiar with trades and practice new strategies.
By registering a real account, individuals from around the globe get the opportunity to join a company with 12 years of successful trading, regulated in five continents providing more than 250 trading instruments, while all monies are kept safe in segregated accounts.
Registration shortcuts include joining via social media platforms such as Google or Facebook, which requires no registration. The alternative is to provide your first name, last name, email and telephone number. Distinguishing itself via exceptional support offered to newcomers, combined with the uncomplicated interface, AvaTrade ensures that the questions asked by new and experienced traders are answered swiftly in 14 languages and that any difficulties are resolved in the shortest time possible.
Catering to the needs of international traders, AvaTrade offers several deposit options and the minimum initial deposit required is $100. Deposits are accepted via credit cards, wire transfers, PayPal, WebMoney, and Moneybookers. AvaTrade UK also accepts credit cards from Indonesia and Nigeria. A great and easy to use auto-trading platform is DupliTrade, enabling traders to duplicate the actions of top traders. By using wire transfers, the funds could take up to ten days to reflect. The process can be speeded up by forwarding AvaTrade an email of the swift and should further delays take place, it is best to contact the support team.
AvaTrade offers both browser-based trading as well as mobile applications, while spot trading takes place via the AvaTrader – ACT software and MetaTrader 4. Automated trading platforms are offered via ZuluTrade, Mirror Trader and others, while clients also have the opportunity to trade via the customised Ava platform, which is often praised for simplicity and ease of use.
The AvaOptions platform was added in April 2013, enabling clients to sell and purchase vanilla currency options, and in August the company was the second broker to provide online trading in bitcoin, launching trading with CFDs in its MT4 and AvaTrader platforms. Hush Trade was introduced within the first few months of 2014, providing clients with educational information as well as training material, strategic advice and content from professional traders.
Forex trading at AvaTrade includes EUR/USD, USD/JPY, EUR/USD and vanilla options, CFD trading includes bonds trading, commodities, stocks, indices and ETF trading, while cryptocurrency trading features bitcoin, bitcoin cash, bitcoin gold, Ethereum, ripple and Litecoin.
All trading operations at AvaTrade is geared towards secure and safe trading, while clients are guaranteed of full transparency. It includes rates, leverage, spreads and trading terminology as well as rates. The company promised every trader that all trading actions are responsible, safe and all focus is on experiencing the benefits and dedication from a UK number one trading platform. Popular FX pairs include GBP/JPY, USD/CHF, NZD/USD, EUR/GBP, EUR/JPY, GBP/USD, AUD/USD, GBP/USD.
With Islamic trading account, AvaTrade makes it possible for all Muslim traders to continue to follow the Sharia Law since no interest is charged on overnight positions. When executing client’s orders, AvaTrade takes all the necessary steps to ensure the best possible outcome and act in all dealings as the principal as well as the sole execution venue of orders. All orders are executed via a bilateral transaction, external execution venue or multilateral trading system. When it comes to the speed of execution, AvaTrade places importance on all orders and aim to provide high-speed execution within communication links and the limitations of technology.
Withdrawal processing takes between 24 to 48 hours with AvaTrade, should the account require verification, which is the process for debit cards, credit cards and e-money. Wire transfers can take up to ten banking days before the funds reflect in the client’s account. Forex withdrawal requests are processed within one working day by the client accounting department. While transfers vary depending on the method selected, international wires can take to 5 business days.
AvaTrade offers several different communication options, including telephone support offered via a long list of telephone numbers for different countries. Trading hours for cryptocurrency is 24/7, while email response could be prolonged by the high number of traders online. The company is also available via several social media platforms including YouTube, Facebook, Twitter and Instagram.
Web trading incudes mobile trading, automated trading, Mac trading, AvaTradeGo, AvaOptions and MetaTader4. The most popular online trading is MetaTrader 4, which offers stop and pending orders, instant trading as well as one-click trading. It also offers a huge range of overlays and analytical tools, while Firefox, IE and Chrome are supported. Trading information is offered via the economic calendar, analysis, earnings releases and financial interment.