FBRForex Broker Rating
E
Reviewed by Editorial Team · Last reviewed
AvaTrade logo

AvaTrade Review

Updated regularly · Independent ratings

Overall Rating
4.5 / 5
Fees
4.4 / 5
Safety
4.6 / 5
Platforms
4.2 / 5
Education
4.5 / 5
Min. deposit
$100

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.

AvaTrade — At a Glance

Full broker data from our database

Minimum deposit$100
Broker typeMarket Maker
Spread typeFixed, Variable
Spreads from0.8 PIPS
CommissionNo Commission
Maximum leverage1:400
Minimum lot size0.01
Maximum lot size200
Decimal pricing5 decimals
Trading platformsAvaTrade Mobile App, AvaTrade Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
API accessYes
VPSYes
Demo accountYes
Segregated accountYes
Swap-free accountYes
Managed accountYes
PAMM / MAM accountYes
Joint accountNo
Copy tradingYes
Social tradingYes
Account currenciesUSD, EUR, GBP, CHF, AUD, ZAR, JPY
One-click tradingYes
OCO ordersYes
Trailing stop lossYes
Hedging allowedYes
Scalping allowedYes
Interest on marginNo
BonusesYes
ContestsNo
RegulatorsASIC (Australia), CySEC (Cyprus), IIROC (Canada), FFAJ (Japan), ISA (Isreal), ADGM/FSRA (UAE), CBI (Ireland), BVIFSC (British Virgin Islands), FSCA (South Africa), SFC (Colombia)
HeadquartersDockline, Mayor Street, Dublin 1, D01K8N7, Ireland
International officesIreland, Australia, Chile, Italy, Japan, Mexico, Mongolia, Poland, South Africa, United Arab Emirates
Assets offeredForex, CFDs
Payment methodsBank Transfer, Debit Cards, Credit Cards, Paypal, Perfect Money, Skrill, Neteller, UnionPay, Sofort Banking, Klarna, Boleto, Giropay, POLi, Pix
LanguagesEnglish, 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 supportLive Chat, Email, Phone, WhatsApp
Contact emailcs@avatrade.com

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
Visit AvaTrade →

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.