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. AvaTrade states that accounts across all jurisdictions do have negative balance protection and it also offers AvaProtect, which allows clients to take out insurance on a trade. You can download and install the MetaTrader 4/5 after you created your trading account. It is a very popular trading platform because it has all the functions you need for professional trading. AvaTrade is a well-known online broker with licensing in several countries, including Ireland, Australia, and South Africa. Their services cater to a diverse clientele, encompassing both beginners and experienced traders, and they offer a multitude of beneficial features.
My account manager Petrov
This inclusive protection insures the funds of EU-based traders up to €20,000 in the event of financial issues at the broker, though they have a very stellar record in this regard. Now offering lowered spreads, abundant trading products, reliable pricing, stable, no tricks. Slightly high swap rates, gap fills are not on traders favor so be sure to move stops or limits on weekends or end of contracts. We do not think AvaTrade is the right choice for any kind of trader or investor. The charges and fees seem pretty high compared to the service offered.
Downloaded the ava social copy trading…
I find this useful for informing trading decisions, with trading plans developed by professional analysts. On the negative side, AvaTrade doesn’t offer the widest range of third-party platforms, as you can see from my comparison with other brokers https://forexbroker-listing.com/ below. For example, Vantage offers a standard, commission-free account alongside an ECN account with raw spreads and low commissions. The intuitive functionality of the trading dashboard made navigating the chosen market easy (GBPUSD).
Are there any documents required for verifying an AvaTrade account?
$100,000 in virtual funds is available, with access to real-time pricing. AvaTrade’s 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on underlying assets in the broker’s feature-rich web and mobile platforms with market-leading research tools to help discover opportunities. The broker’s efforts to meet all needs extends to it offering an extensive choice of top-class trading platforms. MetaTrader’s industry favourites, MT4 and MT5 are included.
Can traders access cryptocurrency markets through AvaTrade?
His dedication to helping me and giving me absolutely every bit of support I needed, in a friendly and professional manner, was amazing. I have been trading with an AvaTrade STP account for over a year, and I have had nothing but positive experiences. They are very easy to use, and it feels like the support actually cares when I contact them. I did have to verify my identity before my first withdrawal, but the process to do so was quick and painless. I’m new to online trading and have found AvaTrade a great place to start. It’s got loads of helpful trading guides and customer support are always reachable when I need them.
Contacting Customer Support
It will attract the attention of many looking to enhance their risk management and it adds a bit of colour to the otherwise solid offering. One crucial choice for new clients is which of the four AvaTrade platforms to set up as their default trading dashboard. The well-regarded MetaTrader and AvaOptions avatrade review platforms are both available. Introductory and free live webinars are available for those who are new to Forex trading. The webinars include guided tutorials with real-time market updates. Headquartered in Dublin, the firm has nine regional offices spread across the world’s time zones.
Operational safety is also considered, and the innovative AvaProtect is a ground-breaking risk management product. Withdrawal processing can take up to 10 business days, according to the company. Trading Central provides intra-day updates and short-term technical signals. Materials are segmented into five major subtopics so clients can find answers quickly and efficiently. But a buggy search function detracts from the learning experience, failing to include many articles and topics.
Vincent was very helpful with my registration, it was so quick. I will now use the links he sent me to start learning how to trade. Such a friendly and informative guy, very easygoing and professional. Georgi made the whole experience really easy any questions asked were answered in great detail I will miss his phone calls.
- AvaTrade have managed to craft a very trusted reputation among traders in the industry over the years they have been in operation.
- Clearly, we can say AvaTrade wants its traders to succeed.
- AvaTrade’s 48 educational videos cover a wide range of topics, and explore niche subjects like Donchian Channels (what they are, and how traders can use them).
- You should not typically incur a deposit or withdrawal fee with the exception of if you are using a wire transfer, or exchanging an unsupported base currency.
- The broker maintains international offices, allowing customers local contact when necessary.
- Please note, some markets may only be available via CFDs or other derivatives.
One novel feature of the trading GUI is that position size is set using a sliding bar by default, which would be helpful for those trading using a mobile app. There is also an option to revert to using the keyboard to input the trade nominal, which might be the natural preference for traders using desktop devices. This type of questionnaire is standard for a broker regulated by a Tier-1 financial authority and reflects the firm’s commitment to comply with KYC (Know Your Client) obligations. That is to ensure that advanced security enhancements available to the market are applied as soon as possible to the broker’s system and trading software. The AvaProtect risk management tool allows clients to protect a specific trade against losses of up to $1m over a chosen time frame. One strength of AvaTrade is the free use of forex trading APIs which support advanced automated strategies.
This is an account with virtual money which simulates trading with real money. Traders can practice on the platform to learn more about the financial markets. Also, advanced traders can try new markets to trade or new strategies.
His help has made a huge difference in my trading experience. If you’re looking for a broker with great personal service, you know who to choose now. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. The platforms is also available on mobile as AvaTradeGo. Our review of this broker shows that clients of AvaTrade can use the proprietary web-based trader platform, MT5, MetaTrader 4, AvaOptions or AvaTradeGo.
From our experience, these platforms are reliable for professional trading. We will tell you the benefits of MetaTrader 4/5 and the other platforms in the following. In the following section, we will show you the facts about these platforms and how to use them. The well-known Metatrader 4/5 is made for trading forex and CFDs. If you want to trade options, you have to use the platform AvaOptions. Also, there is a platform for Social Trading (AvaSocial) and one platform for mobile trading (AvaTradeGO).
You can use our article “How to recognize a scam website” to create your own opinion. The broker offers excellent access to a wide range of educational content to help you continue learning and growing as a trader. This content is suitable for all levels of trader whether you are a beginner, right up to a more advanced trader. AvaTrade does an excellent job when it comes to trading platforms. They recently addressed this area and now offer both Metatrader 4 and Metatrader 5 trading platforms as standard. These are two of the most well-respected and widely used trading platforms in the sector.