AvaTrade Review 2022

4.9
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Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.

Current Promotions

AvaTrade Offers Education Pack With New Accounts

Awards
  • Best Overall Broker 2022 - DayTrading.com
  • Best Trading App 2021 - DayTrading.com
  • Best Forex Broker 2019 - DayTrading.com
BonusWelcome bonus 20% up to 10.000$
InstrumentsCFD, Forex, Crypto, Stocks, Options
Demo AccountYes
Min. Deposit$100
Payment Methods
Min. Trade$.01
Regulated ByCBoI, ASIC, FSA, FSCA, FSB
MetaTrader 4Yes
MetaTrader 5Yes
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralYes
AutochartistNo
eSignalNo
STP AccountYes
ECN AccountYes
DMA AccountYes
MAM AccountYes
PAMM AccountYes
LAMM AccountNo
Demat AccountNo
Mobile AppsiOS and Android
Margin TradingYes
Volatility IndexYes
Spot TradingYes
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionYes
VPS HostingYes
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingAvatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5
Social TradingYes
Copy TradingYes
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Guaranteed Stop LossNo
Stock Exchanges
  • Deutsche Boerse
  • Euronext
  • Japan Exchange Group
  • Korean Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • Shanghai Stock Exchange
  • SIX Swiss Exchange Trading
  • Taiwan Stock Exchange
  • Toronto Stock Exchange
Commodities
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gasoline
  • Gold
  • Oil
  • Palladium
  • Platinum
  • Precious Metals
  • Silver
  • Sugar
  • Wheat
CFD TradingLeveraged CFD trading is available on popular financial markets with rates up to 1:400.
CFD FTSE Spread0.5 pt
CFD GBPUSD Spread1.0 var
CFD Oil Spread0.02
CFD Stocks Spread0.13 Abv Market
CFD Leverage1:400
Forex TradingAvatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.
Forex GBPUSD Spread1.0 var
Forex EURUSD Spread0.7 var
Forex EURGBP Spread1.7 var
Forex Assets50+
Crypto TradingRegulated in 5 continents, Avatrade offer a very secure way to access Crypto markets. They offer a great range of Crypto, very tight spreads, and 1:2 leverage. [Not available in Canada]
Crypto SpreadBTC 1% ETH 2%
Crypto LendingNo
Crypto StakingNo
Crypto MiningNo
Crypto Auto Market MakerNo
Crypto Coins
  • BCH
  • BTC
  • BTG
  • DASH
  • EOS
  • ETH
  • LTC
  • XRP
Risk Warning – Your capital is at risk

AvaTrade is a leading international forex broker, and are part of the AVA Group of companies. Being founded in 2006, AvaTrade is one of the oldest online brokerages. Our review details the trading platforms, mobile app, deposit methods, and MT4 integration. We also compare trading costs, spreads and leverage. From Bitcoin to vanilla options, whatever you want to trade, see if Avatrade will suit you.

The company now has four offices around the world, located in Japan, Australia, Ireland, and the British Virgin Islands. As one of the largest and most respected online brokerages in the world, AvaTrade accepts clients from a huge range of regions, and accepts trading accounts in a variety of currencies.

The firm also recently announced a major partnership with English Premier League Champions Manchester City, underlining the brands growth and visibility.

Regulation & Reputation

Choosing a forex broker that is regulated by a reputable regulatory agency is of the utmost importance, for regulated status helps to ensure a company’s trustworthiness and competence. AvaTrade is most definitely a reputable firm, being regulated by several authorities from around the world.

AvaTrade is among the best online brokerages in the industry in terms of reputation and reliability, and you can trade with confidence. The company has won numerous awards for “Best Customer Support”, “Best Alert System”, “Best Financial Derivative Trading Provider”, and “Best Forex Broker YEAR

The firm have also now opened up the market in Canada via a collaboration with Friedberg Direct. Friedberg Direct is a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF), and most Canadian Exchanges. Friedberg Mercantile Group Ltd. is headquartered at 181 Bay St., Suite 250, Toronto, ON M5J 2T3, Canada.

Types of Trading Platforms Available

One of the most impressive aspects of AvaTrade is the number of trading platforms available to traders. There is literally something for everyone here, whether you’re a beginner, seasoned trading veteran, or something else. The following platforms offered by AvaTrade are:

In addition to these platforms, AvaTrade features various automated trading softwares to suit every person’s needs. The following are:

Trading Accounts Offered

AvaTrade keeps things simple with their accounts by offering only two account types to most traders. A standard account and a demo account. Standard accounts can be opened with as little as $100 using credit cards or with $500 via wire transfer.

In addition to the two standard accounts, Muslim traders are accommodated by offering ‘swap free accounts’ that operate in accordance to the Islamic Sharia Principle of interest free trading.

As well, professional traders can open up MAM accounts to easily manage several accounts for their clients. These types of accounts include the following features:

AvaTrade also offers negative balance protection. This ensures that clients cannot lose more than their account balance. Should the market move against the client to the extent that the trader is put in a negative balance position, the brokerage will automatically refund the difference through a ‘negative balance adjustment’.

Bonuses & Promos

Bonuses may be available dependent upon geographical location; please contact AvaTrade for more information.

Instruments & Assets

AvaTrade excels once again at offering traders a wide array of financial trading instruments. Investors are free to trade:

Avatrade options platform
Avatrade have made options trading less daunting.

AvaSocial

AvaTrade clients can also download the broker’s social and copy trading platform – AvaSocial. Available on iOS and Android devices, the mobile app lets clients replicate the trades of successful investors.

Users can opt to manually trade on market signals or to follow a fully automated service. 24/7 trading is available on forex, stock, crypto and commodities markets.

AvaSocial is also an excellent social trading platform. Users can interact with other traders via community channels and ask questions on specific strategies, find out more about crypto markets, or seek out a trading mentor. This makes it a great tool for beginners.

AvaSocial copy trading app
AvaSocial copy trading app

Customer Support

AvaTrade offers excellent customer support via several multilingual options. The options include live chat, email, FAQ page, social media, fax and through telephone.

Telephone support is offered in a number of languages and countries throughout the world, including 21 different countries throughout Europe, 2 countries in Africa, 6 countries across Asia, 4 countries across South America, 2 countries in the Middle East and Australia.

The support offered is prompt and informative from local customer support representatives. The recent partnership in Canada for example, gives customers access to customer services of locally based Friedberg Direct.

Deposit & Withdrawal

Deposits – AvaTrade offers their clients a variety of deposit options. Traders may fund their accounts with credit cards (VISA, MasterCard, debit), Bank Wire Transfers, and numerous forms of E-Wallets such as Paypal, Skrill, NETELLER and WebMoney.

The minimum initial deposit for opening up an account is only $100.

Withdrawals – Traders can withdraw their funds via the same methods used for deposits. Withdrawal requests will take up to 5 business days to process.

Once processed, withdrawals will be completed as soon as the methods allow them to be completed. The fastest method of withdrawal is by using the Ava Debit Mastercard, which traders can apply for once signed up for an account.

AvaTrade Day Trading Tools

AvaTrade has also introduced a couple of particularly useful new trading tools and services…

AvaProtect

The firm’s exclusive AvaProtect tool enables clients to get their money back on losing trades. The user-friendly risk management tool lets investors protect a trade against losses up to $1 million over a set period. Clients simply need to a pay a small hedging fee.

AvaProtect is available on the broker’s proprietary trading platforms and can be activated in a few straightforward steps. Traders simply need to select the instrument, click the AvaProtect icon, choose the length of protection, and confirm the fee and expiry trade.

AvaProtect risk management
AvaProtect

Trading Central

AvaTrade has partnered with Trading Central to provide powerful technical analysis tools and market insights. Clients can make informed investment decisions based on trading plans developed by veteran analysts at Trading Central.

Also available through the platform is a daily strategy newsletter, intuitive pattern recognition technology, plus a host of advanced indicators on 115 forex charts. Trading Central also tracks 7000 media sources for investors interested in fundamental analysis.

AvaTrade Trading Central tools

AvaTrade Spreads

Examples of the variable spreads at AvaTrade;

Avatrade Platform

Spreads are competitive at Avatrade, and they are constantly working to reduce them further. Particularly in the crypto market, the firm have made huge strides.

Just recently spreads on cryptocurrency trades were slashed by 50% – but an announcement has revealed they have been trimmed by another third. As brokers gain confidence in the liquidity of the markets, they can be braver with spreads.

avatrade mobile app download
Login and trade via the Avatrade app.

Accepted Countries

AvaTrade accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use AvaTrade from United States, Belgium, Zimbabwe, Iran, Iraq, India, Pakistan, Spain, Russian Federation.

Compare AvaTrade

Compare AvaTrade with similar brokers that accept traders from your location. Among available brokers these are the most similar to AvaTrade:

  1. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  2. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
  3. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
  4. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, and energy, as well as stock indices. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.

AvaTrade Comparison Table

Compare AvaTrade With Similar Brokers
AvaTrade eToro Forex.com IG Group InstaForex
Rating 4.9 4.7 4.5 4.4
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $100 $10 $100 £250 €200 to €50,000 (depending on account type)
Minimum Trade $.01 $10 $1 0.1 lots 0.01 Lots
Regulators CBoI, ASIC, FSA, FSCA, FSB FCA, CySEC, ASIC, FSA CySEC, IIROC, NFA, CFTC, FCA, CIMA FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin CySEC
Bonus Welcome bonus 20% up to 10.000$ No
Education Yes Yes Yes Yes No
Platforms MT4, MT5 MT4 MT4 MT4, MT5
Leverage 1:400 1:30 EU 1:200 1:30 1:30 for retail clients, 1:500 for professional
Payment Methods 13 14 8 6 10
Detailed Comparison AvaTrade vs eToro AvaTrade vs Forex.com AvaTrade vs IG Group AvaTrade vs InstaForex
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Review AvaTrade
Review
eToro
Review
Forex.com
Review
IG Group
Review
InstaForex
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Compare Trading Instruments

Compare AvaTrade Trading Instruments
AvaTrade eToro Forex.com IG Group InstaForex
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil Yes Yes Yes Yes Yes
Gold Yes Yes Yes Yes Yes
Copper Yes Yes No Yes No
Silver Yes Yes Yes Yes Yes
Corn Yes Yes No No No
Crypto Yes Yes Yes Yes Yes
Futures No No Yes Yes No
Options Yes No Yes Yes No
ETFs No Yes No Yes Yes
Bonds Yes No No Yes No
Warrants No No No No No
Spreadbetting No No No Yes No
Volatility Index Yes Yes No Yes No

AvaTrade vs Other Brokers

Compare AvaTrade with any other broker by selecting the other broker below.

AvaTrade vs

FAQ

Is Avatrade legitimate?

Yes. Avatrade are legitimate forex and CFD brokers. The brand is regulated around the world, including in Europe, Australia and South Africa.

Are Avatrade Regulated?

Yes, the brand is regulated around the world:

AVA Trade EU Ltd is regulated by the Central Bank of Ireland.
Ava Capital Markets Australia Pty Ltd is regulated by the ASIC.
Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA ).
Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574).

Avatrade are also regulated in Abu Dhabi

What is the minimum deposit for Avatrade?

An Avatrade account can be opened with $100 (or £100 or €100).

Is Avatrade a market maker?

No. Avatrade are a broker, not market makers.

How long does it take to withdraw from Avatrade?

Avatrade process withdrawals within 1 day. Different withdrawal methods can sometimes take longer for funds to actually clear however.

Credit/Debit Cards – up to 5 business days
E-wallets – 24 hours
Wire Bank Transfers – up to 10 business days

Wire transfer delays often depend on the Country and bank in question.

What is Avatrade leverage?

Leverage at Avatrade will vary by asset, and the Country of origin of the trader.

In the EU and UK, leverage is capped at 1:30 due to European regulated.

The non-EU limit is 1:400

Higher leverage may be possible with a professional account if traders are based in Europe.

What methods can I use to deposit funds at AvaTrade?

Deposits can be made through credit cards (VISA, MasterCard, debit), Bank Wire Transfers, and numerous forms of E-Wallets such as Paypal, Skrill, NETELLER and WebMoney.

Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.

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