Avatrade Forex Broker

General Information Ava trade presents itself as an international broker that provides its clients with supreme trading platforms and more than 200 instruments for trade. It also hypes that it offers up to 400:1 leverage, zero commissions and over low spreads. Market Instruments Ava trade advertises that it offers over 200 trading instruments, including 50+ currency pairs, a wide range of CFDs on indices, stock, commodities, precious metals, ETFs, Bitcoin, Litecoin and others. Account Types There are two trading accounts offered by Ava trade, namely Fixed spread account and Floating spread account. The minimum initial deposit to start any of them is $100, aligning with most brokers' requirements. Leverage In terms of trading leverage, the maximum level offered by Ava trade is quite generous, up to 400:1, but for the broker from EU retail clients is 30:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage. Spreads & Commissions Spreads and commissions are significantly affected by what type of accounts you are holding. The spread in the Fixed spread account is fixed, 1.9 pips on EUR/USD, while the spread in the Floating spread account is variable and starts from 1.1 pips on EUR/USD, all charging no commissions. Trading Platform Available When it comes to trading platforms available,Ava trade gives traders two choices: Meta Trader 4 and Meta Trader 5. It is very important to note that a fixed spread account offered on MT4 and MT5, but a floating spread account provided only on MT4. MT4 is preferred by most experienced traders, because it is equipped with an advanced charting package, a number of technical indicators, a variety of Expert Advisors and extensive back-testing environment. Deposit & Withdrawal There are many deposit and withdrawal options on the menu: credit/debit cards like Visa, MasterCard and Maestro, bank wire, Skrill and Neteller. Customer Support Ava trades customer support can be reached through email: Chinainfo@avatrade.com, website: www.avatasia.com.