Ava Trade Forex Broker

Company NameAvaTrade Registered Country/AreaDublin, Ireland Founded Year2006 RegulationASIC, CBI, FSA, FSCA, FSC, CBI, FFAJ Minimum Deposit$100 Maximum Leverage1:30 (for retail clients), 1:400 (for professional accounts) Spreads0.9 pips on the EUR/USD pair Trading PlatformsAvaTradeGO, MT4, MT5, WebTrader, AvaOptions, DupliTrade Tradable AssetsForex, CFDs, Stocks, Indices, Commodities, Cryptocurrencies, ETFs, Bonds Account TypesStandard acccounts, a demo account Demo AccountAvailable Customer SupportLive Chat, Phone, Email, Knowledge Base Deposit & WithdrawalCredit/Debit Card, Bank Transfer, E-wallets, Rapid TransferAvaTrade Information Established in 2006, AvaTrade is a regulatedbrokerage company registered in Dublin, Ireland. This firm provides a swath of investment options with its advanced trading platforms (AvaTradeGO, MT4, MT5, etc). AvaTrade offers one standard live trading account and a demo account. However, Avatrade's minimum deposit requirements are relatively high compared to some other brokers.Pros and Cons ProsCons Wide selection of investment choicesThe minimum deposit requirement is relatively high compared to other brokers. Competitive spreads and fees Multiple trading platforms (AvaTradeGO, MT4, MT5, etc) Various deposit and withdrawal options Access to advanced trading tools and featuresIs AvaTrade Legit? AvaTrade is a trusted brokerage, with oversight from multiple reputable regulatory bodies. These include ASIC, CBI, FSA, FSCA, ADGM, KNF, FFAJ. Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number ASICAVA CAPITAL MARKETS AUSTRALIA PTY LTDMarket Making(MM)406684 FSAAva Trade Japan K.KRetail Forex License関東財務局長（金商）第1662号 FFAJAVA TRADE JAPAN K.K.Retail Forex License1574 ADGMAva Trade Middle East LimitedMarket Making(MM)190018 CBIAVA Trade EU LimitedRetail Forex LicenseC53877 FSCAAVA CAPITAL MARKETS (PTY) LTDRetail Forex License45984 KNFAVA Trade EU LimitedStraight Through Processing(STP)693023What Can I Trade on AvaTrade? Online brokerages can offer an easy way to start building a portfolio. But they aren't all the same. AvaTrade gives you plenty of opportunitiesfor investing. You can invest in: Forex: more than 50 currency pairs, including major, minor, and exotic pairsStocks: such as NASDAQ, NYSE, LSE, and moreCommodities: precious metals like gold and silver, energy commodities like oil and gas, and agricultural commodities like wheat and coffeeCryptocurrencies: such as Bitcoin, Ethereum, Ripple, and Litecoin, as well as lesser-known coins like Dash, Monero, and NEOIndices: S&P 500, NASDAQ, FTSE 100, and more.ETFs: a wide selection of most traded ETFs in the marketsBonds: U.S., European, and Asian government bonds A couple of things you won't see here are futures and mutual funds. AvaTrade doesn't offer either one. Tradable InstrumentsSupported Commodities✔ Stocks✔ Forex✔ Cryptocurrencies✔ Indices✔ Bonds✔ ETFs✔ Mutual Funds❌ Futures❌Account Types AvaTrade offers one live trading account for retail and professional investors. This means that all customers will have access to the same features and trading conditions. The minimum deposit requirement is $100. Some other brokers have a lower minimum deposit requirement than Avatrade. For instance, Pepperstone and XM have a minimum deposit requirement of $0 and $5, respectively. A demo account is also available with this brokerage.AvaTrade Fees Avatrade offers competitive spreads with no commission fees. The spreads offered by Avatrade change with the trading instrument. For example, the spread for EUR/USD is 1.3 pips, while GBP/USD is 2.0 pips. Avatrade's non-trading fees are reasonable compared to other brokers in the industry. Here's a breakdown of the fees: Fee typeAmountDetail Deposit feeFreeAvatrade does not charge any fees for deposits. Inactivity fee$50 per quarterCharged if there is no trading activity for three months. Account closure feeFreeAvatrade does not charge a fee for closing an account.Trading Platform Speaking of trading platforms, multiple choices are available with AvaTrade. You can apply most of them on multiple devices, including Windows, MAC, Android, and IOS. You can check it out as follows: Trading PlatformSupportedAvailable DevicesSuitable for AvaTrade App✔IOS, AndroidInvestors of all experience levels MT5✔Windows, MAC, IOS, AndroidInvestors of all experience levels MT4✔Windows, MAC, IOS, AndroidInvestors of all experience levels AvaOptions✔Windows, MAC, IOS, AndroidInvestors of all experience levels AvaSocial✔Windows, MAC, IOS, AndroidInvestors who are interested in automated trades DupliTrade✔Windows, MAC, IOS, AndroidInvestors who are interested in automated tradesDeposit and Withdrawal Deposit options include bank wire transfer, credit/debit card, Neteller, Skrill, WebMoney, and others. The processing time for deposits is different based on the method. Withdrawal options are similar to deposit. Withdrawals usually take 1-2 business days to process. Avatrade does not charge deposit or withdrawal fees, but clients may incur fees from their payment provider or bank. Deposit Options Deposit OptionsMin. DepositFeesProcessing Time Credit Cards and Debit Cards$100No CommissionInstant Neteller, Skrill (Moneybookers), WebMoney and others$100No CommissionWithin 24 hours, unavailable to EU and Australian clients Wire Transfer$100No CommissionTake up to 7 business days Withdrawal Options Withdrawal OptionsMin. WithdrawalFeesProcessing Time Credit Cards and Debit CardsN/ANo Commission1-2 Working days Neteller, Skrill (Moneybookers), WebMoney and othersN/ANo Commission1-2 Working days Wire TransferN/ANo Commission1-2 Working daysCustomer Support Options If there's something you need to do that you can't manage online or through the mobile app, you can try reaching out to AvaTrade's customer support. You have multiple choices, including email (Chinainfo@avatrade.com), phone (+1 212-941-9609), WhatsApp, social media channels (Facebook, YouTube, Twitter, etc), and a message box on its website. Contact OptionsDetails Phone+1 212-941-9609 EmailChinainfo@avatrade.com Support Ticket System❌ Online ChatWhatsApp Social MediaFacebook, YouTube, Twitter, etc Supported LanguageMultiple Website LanguageMultiple Physical AddressN/AThe Bottom Line While there are plenty of online brokerages out there, some may fit your needs better than others. AvaTrade makes it easier to build a diversified portfolio. Its various trading platforms are also appealing to some investors. However, the biggest drawback is its minimum deposit requirement is higher compared to some other brokerages. As you compare online brokerages, keep cost and the range of investment choices firmly in mind.FAQs Is AvaTrade a regulated brokerage? No, AvaTrade is regulated by a couple of reputable financial authorities, including ASIC, CBI, FSA, FSCA, ADGM, KNF, and FFAJ. What account types does AvaTrade offer? AvaTrade offers one live trading account and a demo account. Does AvaTrade offer leveraged trading?Yes, AvaTrade provides a leverage option, which is up to 1:400.Risk Warning Online trading involves considerable risk, so it may not be suitable for everyone.