The main advantage of MT5 over MT4 is that it caters to the needs of the United States markets and non-forex markets. AvaTrade’s mobile app with copy trading, AvaTradeGO has positive reviews. This best brokers has ensured that the experience on the desktop version and mobile trading platform is seamless and efficient.

The Cyprus Securities and Exchange Commission regulates DT Direct Investment Hub Ltd. Investment Hub Ltd. is a licensed investment firm compliant with the Markets in Financial Instruments Directive . It helps to provide increased customer investment protection with efficiency and transparency. Thanks to AvaTrade’s extensive offering of copy trading platform options, AvaTrade once again finished Best in Class for Copy Trading in 2023. We wish you lots of trading success, and we make a kind reminder to only trade with funds one can afford to lose, and to keep risk management at the forefront always. We are delighted to hear that you had a positive experience getting started with us.

Their award-winning customer service representatives are ready to assist with any trading issue you may have. AvaTrade clients gain exclusive access to the Sharp Trader premium educational website to improve your knowledge and skills. Sharp Trader offers a wide range of educational videos, articles, daily news and trading tools. Topics covered range from the most basic to the more advanced trading strategies, taking you from trading fundamentals to the advanced strategies of leading professional traders. By using the WebTrader platforms at AvaTrade, end users can benefit from a seamless user experience, search functions, and utilize several functionalities directly from the web version.

AvaTrade offers both in-house research material and third-party content. Avatrade provides customer support via email, phone and live chat. Bonuses and promotions at AvaTrade are available at select subsidiaries, dependent on the regulator. Where available, AvaTrade presents traders with a deposit bonus and a refer-a-friend program. Terms and conditions apply, and I recommend traders read and understand them before requesting a bonus.

AvaTrade review

Connecting with chat may be cumbersome, with requests at different times of day answered by a live representative after a lengthy wait. Metatrader and AvaOptions web versions provide integration with desktop platforms and AvaTradeGO, featuring AvaProtect, now offers an Android and iOS alternative to the plain vanilla Metatrader 4 Mobile. AvaTrade offers customers copy and social trading with AvaSocial, ZuluTrade, DupliTrade, and MQL5 Signal service. AvaTrade offers negative balance protection and AvaProtect, which allows the client to take out insurance on a trade, but is not regulated by FCA.

• A webpage opens, which will contain a form to send an email along with a list of phone numbers of the support team, each for a different country.
• The company is regulated by the Central Bank of Ireland and licensed throughout the European Union.
• You can rely on the AvaTrade trading platform in selling and buying forex and CFDs materials.

The reason is, AvaTrade offers cryptocurrency trading which is 24/7. So if a cryptocurrency trader encounters a problem during weekends, he will only be able to contact support on coming Monday. AvaTrade has a large amount of free educational materials to help improve traders’ knowledge. This includes videos, articles, e-books, and daily market analysis in multiple languages. The educational material is beneficial to both beginner and advanced traders. The AvaTrade global Economic Calendar comprises routine financial events which affect the financial markets.

Best Forex Brokers Review

The broker advertises negative balance prevention as well as Avaprotect. An order pending where entry is on the predetermined point below or above prevailing market rate and https://broker-review.org/ depends whether it is a sell or a buy. The trader is also allowed to select the expiration tie of the order. Bank transfers, on the other hand, may take a few days to clear.

Materials were segmented into five major sub-topics, allowing clients to find answers quickly and efficiently. A buggy search function detracted from the learning experience, failing to include many articles and topics. MT4 is one of the most popular trading platforms used by millions of traders across the globe today.

A pending order when entry predetermined below or above prevailing rate of the market depends on sell or buy. The trader can also select a date or time for the expiration of the date. This review should provide many important details to help you in making an informed decision about which broker you decide to chose for your trading journey. The mobile version of AvaTrade has a good-looking user-friendly interface. It offers a lot, considering the narrow screen space of a mobile phone. The search function works great, and the same goes for the reports function.

E-mail and phone support are equally available, and the multi-lingual customer support team stands by during market hours. AvaTrade explains its products and services well, and I think most will never require assistance. In case the need arises, AvaTrade ensures easy access to customer support. Another thing worth noting here is that AvaTrade does not have zero spreads accounts, as the total trading cost is already included in spreads. Many day traders like to trade with zero spreads but bear a commission fee for opening and closing a position.

I like the asset selection as it remains a well-balanced choice of trading instruments, suitable for all traders. AvaTrade offers average-to-competitive spreads, depending on account type, and adequate educational resources. Its low account minimums make it ideal for new and undercapitalized traders seeking to build on limited skill sets. New traders can open accounts for as little as 100 units of the base currency and the broker offers dedicated educational and research resources that should get them up to speed quickly.

Markets & Products Offered

The conversion fee do depend on the base currency, payment provider and receiving currency. Avatrade trading platform offers Standard account / Retail account. Standard account can be opened with as little as $100 using debit card and credit card.

AvaTrade is regulated by several authorities globally, including the top-tier Central Bank of Ireland and the Australian Securities and Investments Commission , therefore it is considered safe. Having a long track record and being regulated by several authorities, including some top-tier ones, are all great signs for AvaTrade’s safety. The longer the track record of a broker, the more proof we have that it has successfully survived previous financial crises. It’s a well-established brand but is not listed on any exchange, does not disclose financial information and does not have a bank parent. You can find them under the ‘My Account’ and ‘History’ sections.

According to the website instruction, I just made my first deposit of CNY xxxx via BoC in China 30 minutes ago, but it didn’t credit in my account. The slippage settings are the same across Real and Demo accounts, however, Real accounts are protected more so than Demo accounts, especially around news events. They dont want you to scalp in real account , but in demo they are less strict. 3.Execution is completely different at real accounts from Demo. AvaTrade has not been able to provide the FPA with information about how the company can tell what is a normal off-market fill vs. what is arbitrage. AvaTrade is a forex broker established in 2006 with offices located across 5 continents and licensed by ASIC, FSA, and other regulators.

AvaTrade’s currency pair selection is OK, in the same ballpark as its closest competitors. Most of these stocks can only be traded on the MT5 platform and not on the MT4 or WebTrader platforms. Similarly to the web platform, the mobile app also offers the AvaProtect insurance feature. We ranked AvaTrade’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. If the trader applies for a take profit or stop-loss order, the trade position will be automatically closed when it is triggered.

How To Trade Forex For Beginners

40 currency paris available, including all minor, major and many exotics available 24 hrs a day, 7 days a week. The tool is available on AvaTradeGO and their online platforms AvaTrade WebTrader. AvaTrade trading platform with headquarters in Dublin, Ireland.

AvaTrade User Experience

Wilbert is an avid researcher and is deeply passionate about finance and health. It offers the details that you need to use in trading CFDs, trade forex. It can also help you learn about many trading topics like technical analysis, little selling, how to read forex charts, and much more.

AvaTrade also offer a selection of copy trading software to copy trades of other traders, DupliTrade and ZuluTrade. It doesn’t matter if you have any prior experience, I found the platforms to be easy to use right from the get go. You can also open a demo account for free to try them out risk-free before making a financial commitment. AvaTrade holds regulatory licenses in multiple financial hubs across the globe. While not directly regulated in Canada, AvaTrade caters to clients in the country through its partnership with Friedberg Direct, which required regulatory approval.

’ The company holds funds for clients in segregated accounts but is running a deal desk that may raise potentials for conflict of interests, more importantly, when FCA doesn’t regulate the company. AvaTrade offers a demo account for traders to gain experience in trading before they commit real money. Besides services by Trading Central, ideal for beginner traders and those unable to conduct broad-based market analytics, I like the Trading Position Calculator AvaTrade maintains on its website. It presents an excellent risk management tool, provides vital trading information, and allows traders to plan and maintain their portfolios.

ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. To see the complete list of Industry Award winners , check out our ForexBrokers.com Annual Awards page. AvaTrade’s 48 educational videos cover a wide range of topics, and explore niche subjects like Donchian Channels . AvaTrade also uploads and archives video webinars on its YouTube and Vimeo channel, which help to round out its offering. Out of 1,260 available symbols, at least 351 are on hold for both the MetaTrader and WebTrader platforms at AvaTrade.