AvaTrade Account Types

AvaTrade offers a variety of account types tailored to different trader profiles, including beginners, retail traders, and experienced professionals. The main account types available are:

• Standard Account:
• Minimum Deposit: $100
• Spreads: Fixed spreads starting from 0.9 pips
• Commission: Commission-free trading
• Leverage: Up to 1:30 (EU regulations) or 1:400 (other regions)
• Access to over 1,250 assets including forex, commodities, stocks, cryptocurrencies, and indices.
• Professional Account:
• Minimum Deposit: $100
• Spreads: Reduced fixed spreads starting from 0.6 pips
• Commission: Commission-free trading for most assets
• Leverage: Up to 1:400 (available for qualifying traders)
• Eligibility: Requires proof of professional trading experience and a portfolio value of over €500,000.
• Islamic Account:
• Minimum Deposit: $100
• Features: Swap-free trading compliant with Sharia law
• Spreads: Fixed spreads starting from 0.9 pips
• Demo Account:
• Available for 21 days with a virtual balance of $10,000
• Ideal for practicing trading strategies without financial risk.
• Spread Betting Account (UK only):
• Minimum Bet Size: £0.10 per point
• Features tax-free trading under UK regulations.

AvaTrade Broker Account Opening Process

Opening an account with AvaTrade is a straightforward process that can be completed in a few simple steps:

• Visit the AvaTrade Website: Navigate to the official AvaTrade site and click on “Open a Free Trading Account”.

• Complete the Registration Form: Fill in your personal details, including your name, email address, phone number, and country of residence. You will also need to create a password.

• Verify Your Identity: Submit identification documents such as a government-issued ID and proof of residency (utility bill, bank statement, etc.) to comply with KYC regulations.

• Fund Your Account: After your account is verified, make a minimum deposit of $100 using various methods such as credit/debit cards, wire transfers, or e-wallets.

• Start Trading: Once your account is funded, you can start trading on the AvaTrade platform of your choice, including MT4, MT5, or the AvaTrade WebTrader.

This process ensures that traders can quickly and securely access the trading environment that AvaTrade offers.