The minimum deposit amount required to open a live trading account is $100 / R1600 ZAR. AvaTrade does not charge fees when deposits are made. AvaTrade offers a wide selection of deposit methods, which vary for different regions.
| ? Minimum Deposit | $100 |
| ? Deposit Fees | None |
| ? Withdrawal Fees | None |
| ? Deposit Methods | credit cards, wire transfer, Skrill, WebMoney and Neteller |
| ? Open an account | ? Click Here |
AvaTrade is strictly regulated by several reputable regulatory entities namely ASIC, BVI, CBI, FFAJ, FSA, and FSCA. One of the requirements that these entities have is that client funds must be kept in segregated accounts separate from the broker account.
By complying with this, amidst numerous other strict rules and regulations, brokers can assure traders that their funds are secure and that funds will not be used for anything other than the execution of trades.
AvaTrade Minimum deposit – 8 key points quick overview:
- ✔️AvaTrade Deposit Fees and Methods
- ✔️AvaTrade Broker Comparison
- ✔️Step by step Guide to Deposit the Minimum Amount
- AvaTrade Pros and Cons
- AvaTrade at a Glance
- AvaTrade Customer Reviews
- Conclusion
- Frequently Asked Questions
? AvaTrade is a good fixed spread forex broker that caters to beginner and professional traders.
AvaTrade Deposit Fees and Methods
When compared to other brokers, the minimum deposit of $100 is an industry-standard required by most brokers. AvaTrade does not charge fees when deposits are made or when funds are withdrawn from the trader’s account.
However, traders must verify any fees which may be charged by their financial institution when making either deposits or withdrawals.
AvaTrade offers traders the following payment methods which can be used when deposits or withdrawals are made:
Avatrade Payment Methods
| ? Credit/Debit Card (cannot be used by Canadian clients) |
| ? Wire Transfers |
| ? E-payments including Skrill, WebMoney, and Neteller (these are not available for use by EU or Australian clients) |
AvaTrade supports the following deposit currencies in which traders can fund their accounts:
Supported Currencies
| ? USD |
| ? EUR |
| ? GBP |
| ? CHF |
| ? AUD |
Deposits in AUD can only be made by Australian traders while GBP deposits can only be made by traders who reside in the United Kingdom.
The deposit and withdrawal methods which are supported by AvaTrade are reliable and ensure for secure transfers. AvaTrade reserves the right to request verification documents at any given time when deposits or withdrawals are made.
This is to ensure compliance with regulatory entities and the documents form part of the process known as ‘Know Your Client’ or KYC. The purpose of this process is to ensure that a safe trading environment is maintained and that client funds and their information is secured.
AvaTrade Broker Comparison
| AvaTrade | FBS | XM | |
| ? Minimum Deposit | $100 / R1600 ZAR | $1 / R16 ZAR | $5 / R80 ZAR |
Step-by-step Guide to Deposit the Minimum Amount
Once registered for a live trading account, traders can follow the following steps to deposit the minimum amount required:
Step 1 -Locate the deposit option on your Avatrade dashboard.
On the account, the trader can click on ‘Deposit’ and select their preferred deposit method.
Step 2 – Click on Fund your account option.
Once you have selected to fund your account you can now select your preferred method.
Step 3 – Enter the amount you wish to deposit.
Add the payment method details into the fields.
Step 4 – Click on ‘Deposit‘
AvaTrade Pros and Cons
| ✔️ Pros | ❌ Cons |
| Low minimum deposit amount of $100 | E-payments not available to EU or Australian clients |
| No deposit fees | Canadian clients cannot use credit cards to deposit funds |
| Variety of payment methods supported | |
| Variety of deposit currencies | |
AvaTrade at a Glance
| Broker | Avatrade |
| ? FSCA regulated | Yes |
| ? Time to open an account | 1 day |
| ?️ Service Description | CFD Regulated broker with +1000 financial instruments and multiple trading platforms, operating since 2006. |
| ?Bonus | Open a trading account in 1 minute and receive up to $10 000 Bonus. |
| ? Sign Up Bonus | 20% welcome bonus accordingly to regulation |
| ?Publicly Traded (Listed Company) | No |
| ?️ Country of regulation | Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, European Union, Polish Branch. |
| ?Trust Score | 94% |
| ?Live support | 24/5 |
| ? MetaTrader 4 (MT4) | Yes |
| ? MetaTrader 5 (MT5) | Yes |
| ?Trading Islamic Account | Yes, available |
| ?CFDs – Total Offered | 681 |
| ?CFD Stock Indices | Yes |
| ?CFD Commodities | Yes |
| ?CFD Bonds | Yes |
| ?Tier-1 Licenses | 3 |
| ?Tier-2 Licenses | 3 |
| ?Tier-3 Licenses | 3 |
| ? Deposit with credit card | Yes |
| ? Demo Trading Account | Yes |
| ? Number of base currencies supported | 5 |
| ? Spreads | 0,9 pips |
| ?Leverage | 1:400, EU – 1:30 and 1:400 (Professional Accounts) |
| ?Currency Pairs (Total Forex pairs) | 60 |
| ? Withdrawal fee amount | Zero |
| ? Trading fees class | Very Low |
| ? Minimum deposit | $100 |
| ? Inactivity fee charged | Yes |
| ? Depositing with electronic wallet | Yes |
| ? Demo account provided | Yes |
| ✔️Apple iOS App | Yes |
| ✔️Android App | Yes |
| ? Year of Foundation | 2006 |
| ? Number of Employees | 300+ |
| ? Number of clients | +400 000 clients |
| ? Website Languages | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish. |
| ? Account currencies | AUD, JPY, GBP, USD, EUR, CHF |
| ? PAMM | MAM/Mirror (depending on GEO) |
| ✔️ Scalping Allowed | Yes |
| ✔️ Scalping | Millisecond trading |
| ?️ Hedging | Open Buy & Sell positions simultaneously |
| ? Instruments Offered | 850+ |
| ? Trading Instruments | Metals, Commodities, Stocks, FX Options, Oil, ETFs, Options, Crypto currencies, CFDs, Indexes, Shares, Spread Betting, Indices, Forex, Bonds |
| ? Total offered per instrument | CFD – Agricultural =7 CFD – Crypto = 20 CFD – EFTs = 60 CFD – Energies = 5 CFD – Indices = 32 CFD – Metals = 7 CFD – Shares = 623 Forex = 55 GRAND Total = 809 |
| ? Account Types | Real Account, Demo Account, Islamic Account. Options Account |
| ✔️Safety of Funds | segregated accounts and negative balance protection |
| ? Demo Account Description | Free Demo Accounts with $100,000. No limitations on the number of demo accounts. 21 days limitation |
| ? Sponsership | Currently with Bolt |
| ? Related Regulations | – AVA Trade EU Ltd is regulated by the Central Bank of Ireland.
(No.C53877) |
| ? Partnership | Trading Central |
| ? Education | Sharp Trader, Videos, Articles, Webinars, eBook. |
| ? Fees and Commissions | Forex/CFD overnight interest, No margin interests, No commissions (unless stated otherwise) |
| ? Trading Platforms | MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader |
| ? Mobile trading | AvaTradeGO (only with MT4), MetaTrader 4, MetaTrader 5, AvaProtect |
| ? Automated Trading | MQL5 Signal Service, API Trading, DupliTrade, ZuluTrade |
| ?Social Trading | Yes, Ava social trading |
| ? South African Office Address | 2nd Floor, Nelson Mandela Square Office towers West, Sandton, Johannesburg, 2196 |
| ☎️ South African Telephone Number | 010 594 1353 |
| ❌ Banned Countries | US, North Korea, New Zealand, Iran, Belgium |
| ? Average deposit/withdraw processing time | Depends on the method used. – CC and e-payments is immediate. Bank wire can take up to 7 business days depending on the banking institution. |
| ?? ZAR accounts | Yes, Avatrade offers ZAR trading accounts |
| ?Affiliate Program | Yes, up to 50% + commission |
| ? Open an account | ? Click Here |
AvaTrade Customer Reviews
The best trading app so far
Am George from Ghana, I just sign up this trading app and this is the best trading app so far , Vincent Krupkin send me free mentor class to participate to become a good trader ,I encourage you to start trading with Ava trade
Well spoke to one of the brokers and I…
Well spoke to one of the brokers and I was really impressed with patients and attentiveness he showed so looking forward to start trading
So far so good
So far so good. Easy account verification process, setup and assistance. Overall happy with AvaTrade.
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Conclusion
Overall, AvaTrade offers a minimum deposit of $100. AvaTrade does not charge fees when deposits are made or when funds are withdrawn from the trader’s account. AvaTrade offers a choice of deposit methods, including credit cards, wire transfers, and also e-payments such as Skrill, WebMoney, and Neteller wich are not available to EU and Australian clients.
Frequently Asked Questions
What is the minimum deposit for AvaTrade?
The minimum deposit for AvaTrade is $100
How do I make a deposit and withdrawal with AvaTrade?
AvaTrade offers the following popular deposit and withdrawal methods:
- Credit/Debit Card (cannot be used by Canadian clients)
- Wire Transfers
- E-payments including Skrill, WebMoney and Neteller (these are not available for use by EU or Australian clients)
AvaTrade prohibits third-party payments. Deposits and withdrawals must be to and from the same account that the trader registers when opening a live account.
Does AvaTrade charge withdrawal fees?
No, traders will however need to ensure that they verify with their payment provider whether any transaction fees are waived.
How long does it take to make a withdrawal?
Between one and several business days depending on the payment method used.
Featured SA Shares Writer and Forex Analyst.
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