AvaTrade Review
Key Facts
Regulation
ASIC · CySEC · IIROC+7 more
Broker Type
Market Maker
Min. Deposit
$100
Platforms
AvaTrade Mobile App, AvaTrade Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Fees
Low
Max Leverage
1:400
Demo Account
Yes
Our Ratings
4.5
out of 5
Safety & Regulation4.6
Fees & Costs4.4
Platforms & Execution4.2
Education4.5
63% of retail FX and CFD accounts lose money.
Pros & Cons
Pros
- +Strong regulatory oversight
- +Broad global market access through CFDs
- +Fast and easy account opening
- +Demo account for practice trading
- +Low minimum deposit
- +Free deposit and withdrawal
- +Negative balance protection
- +Low forex trading fees
- +Great educational resources for all levels of traders
Cons
- −Product offering limited to CFDs
AvaTrade - At a Glance
Trading Conditions
- Broker Type
- Market Maker
- Minimum Deposit
- $100
- Maximum Leverage
- 1:400
- Spread Type
- Fixed, Variable
- Spread From
- 0.8 pips
- Commission
- No Commission
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 200
- Hedging
- Yes
- Scalping
- Yes
- Assets Offered
- Forex, CFDs
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Joint Account
- No
- Social / Copy Trading
- Yes
- Bonuses
- Yes
- Contests
- No
Platforms & Tools
- Trading Platforms
- AvaTrade Mobile App, AvaTrade Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
Company
- Regulation
- ASIC (Australia), CySEC (Cyprus), IIROC (Canada), FFAJ (Japan), ISA (Isreal), ADGM/FSRA (UAE), CBI (Ireland), BVIFSC (British Virgin Islands), FSCA (South Africa), SFC (Colombia)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Headquarters
- Dockline, Mayor Street, Dublin 1, D01K8N7, Ireland
- International Offices
- Ireland, Australia, Chile, Italy, Japan, Mexico, Mongolia, Poland, South Africa, United Arab Emirates
- Payment Methods
- Bank Transfer, Debit Cards, Credit Cards, Paypal, Perfect Money, Skrill, Neteller, UnionPay, Sofort Banking, Klarna, Boleto, Giropay, POLi, Pix
- Account Currencies
- USD, EUR, GBP, CHF, AUD, ZAR, JPY
- Languages
- English, Turkish, Swedish, Portuguese, Polish, Dutch, Italian, Hungarian, French, Finnish, Spanish, German, Traditional Chinese, Simplified Chinese, Thai, Russian, Malaysian, Mongolian, Korean, Japanese, Indonesian, Kazakh, Arabic
- Customer Support
- Live Chat, Email, Phone, WhatsApp