Overall, Avatrade can be summarised as a credible and trustworthy broker with an easy-to-use beginner-friendly social copy trading platform. Avatrade offers 0% commission on trades and has an overall trust rating score of 94 out of 99.
AvaTrade at a Glance (2023)
| 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 a account | 👉 Click Here |
🔥 With strong core values of integrity and innovation, AvaTrade vows to put the customer first and aims to successfully assist traders of all levels and ensure its clients a pleasant experience.
🥇 It is an award-winning global brokerage with a physical office in South Africa.
🗺️ The company’s administrative headquarters are in Dublin, with sales centers in Dublin, Paris, Milan, Sydney, Tokyo, Madrid, Mongolia, Beijing, Nigeria, Santiago, and Johannesburg.
✔️ AvaTrade is regulated in Europe, the British Virgin Islands, Australia, Japan, and South Africa. Read our complete summarised review on AvaTrade.
AvaTrade Review – 21 Keypoint overview.
About AvaTrade- Safe or Scam?
- Avatrade Pros and Cons
- AvaTrade Leverages
- AvaTrade Account Types
- Market Instruments
- Fees and Costs
- Deposits and Withdrawals
- Trading Platforms
- How to open an Avatrade Account (2023)
- Customer Support
- Education and Webinars
- Best Countries by Traders
- AvaTrade VS Exness VS FBS – Comparison Table
- Research
- Awards and Recognition
- AvaTrade Current Popularity Trend
- AvaTrade Customer Reviews
- Conclusion
- Disclaimer
- Frequently Asked Questions
The AvaTradeGO app is available anytime, anywhere, providing a user-friendly interface and innovative tools.
Avatrade is one of South Africa’s most notable brokers with more than 45 000+ active traders in the country with a massive selection of trading pairs and offerings. AvaTrade is based in Ireland and was founded in 2006 with the mission to empower people to trade with confidence.
About AvaTrade
AvaTrade is a leading Forex and CFD broker committed to its core values of integrity, innovation, and empowering people to trade with confidence. AvaTrade was established in 2006 with the vision of making the trading world accessible to everyone.
AvaTrade stands at the forefront of regulated brokers, subjected to strict regulation around the world. Its global spread has reached hundreds of thousands of clients in over 150 countries, and more than 400+ employees in local offices worldwide.
AvaTrade’s clients enjoy an array of services, a variety of instruments, and flexible trading terms and conditions, in an advanced and safe trading environment.
Safe or Scam?
💰 AvaTrade has carved a reputation as a revolutionary leader in online trading by providing a reliable, user-oriented trading environment built on the most advanced platforms and regulated on five continents. Avatrade is a legal and safe broker to trade with*
✔️ AvaTrade is regulated by numerous authorities and bodies across the world including the Central Bank of Ireland, the B.V.I Financial Services Commission on the British Virgin Islands, Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa, the Japanese Financial Services Agency (FSA), and the Financial Futures Association of Japan (FFAJ), Israel by the Israel Securities Authority, Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA), Cyprus Securities and Exchange Commission (CYSEC)
AvaTrade currently has 400 000 registered traders around the globe, who place more than two million trades every month, happy to get the choice, support, and security they need.
AvaTrade was among the first forex brokers to introduce CFD trading on commodities, indices, and stocks and introduce digital currency trading.
Avatrade Pros and Cons
| ✔️Pros | ❌Cons |
| Wide range of CFDs assets to trade – 1000+ | You can’t buy stock or cryptocurrency |
| Worldwide regulated (mention the regulation if necessay) | Cryptocurrency deposit is not accepted |
| Award winner | Quarterly and annual inactivity fees |
| Multiple platform – MT4, MT5, etc | Costumer support is not available 24/7 |
| Negative balance protection | No bonus for EU based clients |
| 20% welcome bonus | No US clients accepted |
| Education content | Spread is higher then others brokers |
| Beginners, friendly platform (webtrade) | Imitated crypto assets– only the popular ones are offer |
AvaTrade Leverages
AvaTrade offers many instruments, each with different leverage which can also change based on the platform chosen by the trader. One can enjoy up to 400:1 leverages.
Most forex pairs have the highest leverage, some metals like gold are 400:1, while other metals are limited to 200:1 leverage.
It is important to make sure about the leverage on the specific platform before commencing trades, and that you have enough equity in your account’s balance to continue trades undisturbed.
AvaTrade Account Types
The types of accounts available at AvaTrade are:
| Avatrade Account Types |
| 📈 Standard Account |
| 📈 Islamic Account |
| 📈 Demo Account |
- Account currencies: AUD, JPY, GBP, USD, EUR, ZAR
- Minimum deposit: $100 | €100 | £100
- Maximum leverage: EU – Up to 30:1, Professional Client/ROW up to 400:1
- Minimum trade size: 1,000 units on Forex pairs
- Spreads: EUR/USD
For EU:
- Retail spreads: as low as 0.90
- Pro Spreads + Canada: as low as 0.60
For BVI – as low as 0.90
- Spread betting: UK & Ireland (only in GBP Currency)
- Scalping – Millisecond trading
- Hedging – Open Buy & Sell positions simultaneously
- Free demo account – active for only 30 days
- Vanilla options (AvaOptions): Forex pairs, Gold & Silver
- VIP account: Yes
- Demo account: Yes
- Islamic account: Yes
- Segregated account: No
- Corporate account: Yes
- Managed account: Yes
- Institutional account: No
- Trading desk type: Dealing desk + Market maker
Standard Account
A real account icon will be located in the image shown above to indicate that your account has been upgraded to a real account
- An account that is owned by an individual
- Corporate Account
- An account that is owned by a legal entity
Islamic Account
After your account has been funded you can apply for an Islamic Account, which operates under Sharia Law.
- A swap-free account, which means that it doesn’t charge swaps for the account
- An experienced trader can request AvaTrade to open a Professional Trading account, where the leverage is higher than the Standard account.
- Conditions are that you have relevant experience in the financial sector, sufficient trading activity in the past 12 months and hold at least €500k portfolio value.
Avatrade Demo Account
Once you created a demo account you will have the option to upgrade to a real account anytime.
- AvaTrade offers a demo account and suggests this as a way for potential account holders to get a feel for the platform and hone their skills to determine ideal instruments and a trading style.
- The demo account mirrors real-time market prices and conditions and is by default valid for 21 days. A trader can easily extend it though by contacting customer support or his account manager.
Market Instruments
AvaTrade offers more than 1000+ instruments on various platforms, including more than 60 currency pairs, major stock indices, cryptocurrencies, commodities (such as gold, silver, sugar, and coffee), bonds, individual shares, and ETFs.
AvaTrade offers:
Desktop, tablet, mobile, and web-based trading with MetaTrader 4, MetaTrader 5 and AvaTradeGO
A range of automated trading platforms and EA compatibility
Competitive spreads offering
Client funds are held in segregated accounts for increased security
Regulated in Europe, Australia, Japan, British Virgin Islands, and South Africa
Trading websites in more than 20 languages
Fees and Costs
| 📈 Assets | 📊 Fee level | 🗺️ Fee terms |
| S&P 500 CFD | Low | Fees are built into the spread, 0.5 points is the average spread cost during peak trading hours. |
| Europe 50 CFD | Low | Fees are built into the spread, 2 points is the average spread cost during peak trading hours. |
| EURUSD | Average | Fees are built into the spread, 0.9 pips is the average spread cost during peak trading hours. |
| Inactivity fee | High | $50 per quarter after 3 months of inactivity; after 12 straight months of non-use, a futher annual administration fee of $100 applies |
AvaTrade has average trading fees and average non-trading fees. Withdrawal is free of charge but there is an inactivity fee to be paid.
An AvaTrade account can be opened with just $100 and AvaTrade offers no volume discounts or guaranteed stop losses. The company charges a $50 fee after three months of account inactivity and a $100 administration fee after one year of inactivity.
💳 No withdrawal or closure fees are listed in the marketing materials but the legal documents note fees for bank transfers and credit card transactions.
Deposits and Withdrawals
A trader is able to withdraw and deposit funds into his or her AvaTrade trading account with ease. Withdrawals and deposits from traders are handled as quickly as possible, within a safe and secure environment. Traders can deposit and withdraw with ZAR / South African rands.
AvaTrade adheres to the strict regulations laid out by its regulatory bodies, thereby guaranteeing traders reliability, convenience and security when they make deposits or withdrawals.
AvaTrade offers its clients access to a demo trading account that enables them to try out the platform and its features and to get the opportunity to trade within a live trading environment without the risk of losing money.
Only when a trader feels confident to step into the trading arena, he can open a real account and make a deposit.
AvaTrade offers a variety of safe and secure deposit options, therefore it needs to correctly verify the identity of traders to ensure a safe trading environment while giving them peace of mind that their personal information and funds are always secure.
Withdrawal processing can, however, be unusually slow, requiring as long as 10 business days to receive wire transfers.
Payment Methods
| Method | Country | BG | Currency | Time | Comments |
|---|---|---|---|---|---|
| CC (MasterCard/Visa) (Deposit/WD) |
Global | ALL | ALL | Instant | |
| Bank Wire (Deposit/WD) | Global | ALL | ALL | Up to 5 days | |
| PayPal (Deposit/WD) | Austria, Belgium, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, UK |
Capital | EUR, USD,GBP, PLN |
Instant | |
| Skrill (Deposit/WD) | Global | ALL | ALL | Instant | |
| Neteller (Deposit/WD) | Global | ALL | ALL | Instant | |
| P24 | Poland and Germany | Capital | USD, PLN | Up to 15 min | |
| Klarna/Sofort | Austria ,Belgium, Czech Republic, France, Germany, Hungary, Italy, Netherlands, Poland, Eslovakia, Spain, Switzerland, UK |
Capital | EUR, USD | Up to 15 min | |
| Rapid Transfer | Austria, Belgium, Bulgaria, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Netherlands, Norway, Poland, Portugal, Spain, Sweden, UK |
Capital | EUR, USD, GBP | Up to 15 min | |
| Ideal | Netherlands | Capital | EUR | Up to 15 min | |
| Poli | Australia | BVI + AVA AU |
AUD, USD | Up to 15 min | |
| Boleto | Brazil | BVI + AVA AU |
USD, EUR | Up to 7 days | PSP process the transaction in clients local currency |
| Perfect M (Deposit/WD) | Argentina, Bangladesh, Benin, Bolivia, Brazil, Burkina faso, Cameroon, Chile, Colombia, Costa Rica, Cote d’ivoire, Dominican Republic, Ecuador, Egypt, El salvador, Gabon, Ghana, Guinea-Bissau, Honduras, India, Iran, Iraq, Mali, Mexico, Niger, Nigeria, Oman, Pakistan, Palestinian Territory, Panama, Paraguay, Peru, Russian, Saudi Arabia, Senegal, Togo, Turkey, Uruguay, Venezuela, Viet nam, Yemen |
BVI + AVA AU |
USD | Instant | |
| Giropay (Sofortüberweisung) |
Germany | Capital | EUR, USD | Up to 5 min | |
| Multibanco-Portugal | Portugal | Capital | EUR | Up to 15 min | |
| NetbankingUPI – India | India | BVI | USD | Up to 15 min | PSP process the transaction in clients local |
| OnlineBankLatam | Brazil, Mexico, Chile, Peru, Colombia, Costa Rica |
BVI | USD | Up to 15 min | PSP process the transaction in clients local currency |
| Qrpay | South Africa | BVI | USD, ZAR | Up to 15 min | PSP process the transaction in clients local currency + USD |
| Ozow | South Africa | BVI | USD, ZAR | Up to 5 days | PSP process the transaction in clients local currency + USD |
| UPI | India | BVI | USD | Up to 15 min | PSP process the transaction in clients local currency |
| M-PESA | Kenya | BVI | USD | Up to 15 min | PSP process the transaction in clients local currency |
| PayRetailers | Brazil, Mexico, Chile, Peru, Colombia, Costa Rica |
BVI | USD | Up to 15 min | PSP process the transaction in clients local currency + USD |
At AvaTrade, the trader can choose from: USD, ZAR, EUR, GBP, and AUD as base currencies, with AUD only available for Australian clients and GBP only for clients from the UK.
If an account is funded in the same currency as your bank account, you won’t be charged a currency conversion fee and if assets are traded in the same currency as an account base currency, you will not pay a conversion fee.
AvaTrade charges no deposit fees and apart from bank transfers and credit/debit cards, you can use a lot of electronic wallets. The minimum amount that can be deposited is $100 or equivalent.
AvaTrade doesn’t charge withdrawal fees either and a trader can use the same options for withdrawal as for deposits.
A trader can withdraw up to 200% of the amount deposited before with credit/debit cards, so if making a profit more than twice the deposited amount you have to use a bank transfer if you want to withdraw the whole amount.
Trading Platforms
Platforms in use include:
MetaTrader 4 creates a powerful and flexible trading environment
MetaTrader 5, offers state-of-the-art trading capabilities, more technical analysis tools, order types, timeframes, and graphical objects
AvaTradeGO, the intuitive AvaTradeGO app
AvaOptions to maximize your return
Automated Trading with a wide range of auto-trading software
Web Trading to check open trades and perform new ones from any browser without downloading
Mobile Trading through AvaTradeGO and MT4 mobile apps
Mac Trading whether via web trading or a special download
MQL5 – Signals Service that allows you to subscribe to signals from thousands of international providers directly from your trading platform
Ava Social – Trade with confidence with ava protect and trading central.
How to open an Avatrade Account (Updated 2023)
Step 1 – Visit the official website of Avatrade.
Locate to the official AvaTrade website where you will see a “register now” and “demo account” option.
Step 2 – Click on the Register now / SIGN UP button.
Click on your desired choice from the 2 options offered by AvaTrade.
Step 3 – Fill in all your personal details.
Complete the form by filling in all your required details for opening an account.
Step 4 – Click the “Complete Registration” button.
Once you are finished filling in all your details you can click on the complete registration button.
Step 5 – Verify your account.
Visit your email inbox and click on “Verify My Account”.
Step 6 – Sign In to your dashboard.
Sign in to your dashboard with your username and password.
Step 7 – Complete KYC documents.
A Trader must complete all KYC documents to be fully vetted.
Step 8 – Deposit money into your trading account.
Before you can start trading you first have to deposit money into your account.
🔥 Finally, you can start trading.
Creating an account is easy and quick, with some basic personal data, answering a couple of questions that assess your level of understanding in trading, verifying your identity and residency by uploading either a copy of your ID card, driving license or passport.
Customer Support
Avatrade Contact information
| ☎️ Telephone/WhatApp | https://www.avatrade.com/about-avatrade/contact-us |
| 🗺️ Website URL | https://www.avatrade.com/ |
| [email protected] | |
| 📙 FAQ’s | www.avatrade.com/?s=FAQ |
| 🎓 Customer Service | https://www.avatrade.com/about-avatrade/contact-us |
| 📍 GDPR compliant T&Cs | https://www.avatrade.com/about-avatrade/legal-documentation |
🔥 AvaTrade’s support team is available by phone, email, and live chat, in several languages, whenever the markets are open. Customer support representatives also monitor and respond to comments on social media on a daily basis.
Education and Webinars
Educational Programs
| 📙 Education | eBooks, webinars, videos, educational sections, techinal analysis indicators, economic indicators, market terms, online trading strategies, order types |
| 🗺️ Materials | Cover many levels of experience |
| 📍 Where you find the materials | On the website, YouTube channel |
| 🎓 Free Tools | Technical Analysis, Trading calculator, Trading Central, Webnars |
The AvaTrade education section offers several learning opportunities around trading basics, economic indicators, and charting.
Potential traders can learn more about forex trading with the company through a demo account, platform tutorial videos, general educational videos, and quality educational articles.
AvaTrade provides support through ongoing education so that you can keep improving your trading skills and learning new concepts with, articles, e-books, and daily market analysis.
The company also conducts a series of webinars in several languages, which apply to all levels of traders, from beginner to expert.
Topics covered include Trading for Beginners, a step-by-step guide to the fascinating world of forex trading online. Traders can learn everything there is to know about CFD trading, vanilla options, automated trading, and much more.
AvaTrade also offers a free eBook on Strategies, that helps a trader to discover valuable forex strategies, and their educational video tutorials collection includes everything from beginner lessons on how to use their trading platforms to advanced trading strategies.
Best Countries by Traders
| 📍 South Africa |
| 📍 Italy |
| 📍 United Kingdom |
| 📍 United States |
| 📍 Ireland |
AvaTrade VS Exness VS FBS – Comparison Table
| 🥇 AvaTrade | 🥇 Exness | 🥇 FBS | |
| 🗺️ Regulatation | Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, European Union, Polish Branch. |
CySEC, FCA, South Africa FSCA, the Seychelles FSA, the BVI Financial Services Commission and the Central Bank of Curaçao. | IFCS |
| 💰 Minimum Deposit | $100 | $10 | $1/ ZAR R16 |
| 🚀 Welcome Bonus | Open a trading account in 1 minute and receive up to $ 10.000 Bonus. |
No | $140 |
| ☪️ Islamic Account | Yes, available | Yes, available | Yes |
| 📊 Leverage | 400:1 | 1:Unlimited | 1:3000 |
| 💰 Withdrawal fee | Zero | Yes | yes |
| 💰 Spreads | 0,9 pips | The minimum spread across all accounts is 0.1 pips |
3 pips |
| 💳 Demo Trading Account | Yes | Yes | yes |
| 📒 Account Types | Standard, Islamic, and demo account | Standard, Cent, Raw, Zero and Professional Account | Cent, Micro, Standard, Zero Spread, ECN, and Crypto Account |
| 📊 Comissions | No Comissions | $3.5 dollars / R56 ZAR | $80 dollar / R1280 ZAR per each lot traded |
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Research
Potential traders can use Autochartist on the MetaTrader and AvaTrade also offers a convenient trading position calculator. Platforms are user-friendly, but on the other hand, trading ideas, fundamental data, and news feeds are not readily available.
Awards and Recognition
🔥 Since its opening in 2006, AvaTrade has earned many awards and honors from various reputable organizations.
🎖️In 2009 it earned the honors for Best Alert System from Money Summit and Best Customer Support from Daily Forex.
🎖️In 2010 AvaTrade earned the title of Best Forex Broker from the World Finance Foreign Exchange Awards.
🎖️In 2011 it won the Excellence Award Forex from IBTimes Trading Awards, and both Best Execution Broker in Western Europe and Best Trading Platform Globally from World Finance: Exchanges and Brokers.
🎖️In 2012 AvaTrade earned the honor of achieving Best FX Affiliate Programme from Forex Magnates.
🎖️The year 2013 saw the company receiving honors as Most Innovative Forex Broker in Europe from the Global Banking & Financial Review.
🎖️In 2015, the Grand Prix De La Confiance awarded AvaTrade as Best Forex Broker and Forex traders honored it with the title of Best Forex Broker.
🎖️Between 2008 and 2016, Arabcomgroup – AG honored AvaTrade with titles including Best Financial Derivative Trading Provider, Best Affiliate Programme, and Best Alert System.
🎖️Between 2014 and 2017 AvaTrade received the titles of Best Affiliate Programme and Best Dealing Room from the JFEX Awards.
🎖️From 2014 to 2017, The European called AvaTrade the Best Forex Broker, lauded its Best Affiliation Programme, and named it the Best Bitcoin CFD Trading Provider of the Year.
🎖️From 2011 to 2017, honors from FXEmpire included the title of Best Forex Broker and Best Broker: Most Reliable, and Best Trading Experience.
🎖️ In 2016, the African Expo Financial Awards honored AvaTrade for Best Trade Execution. FXdailyinfo.com rewarded AvaTrade for having the Best Affiliate Programme and delivering the Best Trading Experience in 2017 and 2018.
🎖️ FXdailyinfo.com rewarded AvaTrade for having the Best Affiliate Programme and delivering the Best Trading Experience both in 2017 and 2018.
🎖️ In 2018 AvaTrade received the FX Empire award for No.1 Innovation, FX Empire award for top 10 brand, FX Empire award for best forex broker in Ireland and the European global banking and finance award for the best and most reliable broker.
🎖️ In 2019 AvaTrade received the Daytrading award for the best and most reliable broker and the international Business Magazine award for the best educational broker.
🎖️ In 2020 AvaTrade received the European global banking and finance award for the best forex broker, the European global banking and finance award for the best affiliate program, the Rankia award for the best forex broker in Portugal, the forex brokers award for the No.1 education, the FX Empire award for the best global FX broker of the year, the INTLBM award for the most innovative CFD broker in the UK, the IBTIMES trading award for the best affiliate program, the Rankia award for the best forex broker and the European global banking and finance award for the No.1 broker.
🎖️ In 2021 AvaTrade received the Forex Brokers award for No.1 innovation, the CEO Reviews award for the top 1o brand of 2021, the Finance Derivative award for the best forex broker in Ireland, the Global Business Review Magazine award for the best retail broker UAE, the Compare Forex Broker award for the best-fixed spread broker, the InvestingGoal award for the best-fixed spread broker, the Followme award for the most popular broker, the World Economic Magazine award for the best broker in the UK and the Day Trading award for the best trading app.
🎖️ In 2023 AvaTrade received the Global Business Review Magazine award for the best mobile trading platform UAE, the International Business Magazine award for the most trusted trading platform in Europe, the World Business Stars Magazine award for the most innovative CFD broker in the UK, the World Business Stars Magazine award for the best educational broker in the UK, the Investingoal Best Broker award for the best mobile trading platform, the Investingoal Best Broker award for the best-fixed spread broker and the Finance Derivative award for the best online broker UAE.
AvaTrade Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “AvaTrade” is entered into Google’s search engine over a given period of time.
AvaTrade Customer Reviews
The best trading app so far
I Am George from Ghana, I just sign up for this trading app and this is the best trading app so far, Vincent Krupkin send me a 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 the patients and attentiveness he showed so looking forward to starting trading
So far so good
So far so good. The easy account verification process, setup, and assistance. Overall happy with AvaTrade.
Conclusion
Overall, AvaTrade is considered safe since it is regulated by several authorities globally, including the top-tier Central Bank of Ireland and the Australian Securities and Investments Commission (ASIC), and the FSCA in South Africa. It is trusted by 500 000+ traders around the world.
It is liked for the seamless and hassle-free account opening and many deposit and withdrawal options which are free of charge. AvaTrade also boasts low trading fees and a transparent fee structure.
Did you know: Avatrade offers a forex rebate of up to 30% cashback commission?
AvaTrade offers enough effective customer support, especially via its live chat option. Education opportunities are also great, and the only drawbacks may be a product range that is limited to forex, CFDs, and cryptocurrencies.
Since they only request a small minimum deposit and the inactivity fee kicks in only after three months, any potential trader may try AvaTrade out with confidence and high expectations.
They should be able to trade in peace, knowing they are in the good hands of able customer service representatives that are ready to assist with any trading issue.
Their good service, combined with a thorough understanding of the different financial markets, allows even novice traders to enter those markets with confidence.
Upon a trader’s first deposit of $1 000 or more, he or she will be assigned a dedicated account manager to guide him or her during the first trades, teach how to use the trading platforms, and inform the trader on all market matters.
Disclaimer
AvaTrade believes that a safe and secure trading environment is crucial to its customers’ success in the markets. AvaTrade clients will find the comfort and peace of mind that comes with trading with an established broker in an officially regulated environment.
As a licensed a regulated broker in the EU, Japan, Australia, South Africa, and the British Virgin Islands, AvaTrade is subject to stringent compliance requirements regarding how they handle client funds, security, and financial reporting.
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Frequently Asked Questions
What is Avatrade’s Overall Review Rating?
AvaTrade has an overall rating of 9/10
What is the minimum deposit to start trading on Avatrade?
To start trading on Avatrade a minimum deposit of $100 must be deposited.
Is AvaTrade safe and secure?
Yes, Avatrade is a 100% safe and secure broker
Does Avatrade offer a demo account?
Yes, they do offer a demo account
How long does Avatrade withdrawal take?
1 business day. Debit or Credit card withdrawal can take up to 5 business days.
Featured SA Shares Writer and Forex Analyst.
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