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Do you want to know which is the better broker between Super Forex and AvaTrade ?
In the table below, you can compare the features of Super Forex , AvaTrade side by side to determine the best fit for your needs.
EURUSD:0.3
EURUSD:3
EURUSD:14
XAUUSD:27.02
EURUSD: -7.32 ~ 2.18
XAUUSD: -13.5 ~ -4
EURUSD:-0.2
EURUSD:2.6
EURUSD:8.3
XAUUSD:15.46
EURUSD: -2.53 ~ 0.34
XAUUSD: -5.67 ~ 2.72
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of super-forex, ava-trade lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Registered in | Belize |
Regulated by | No effective regulation at this time |
Year(s) of establishment | 5-10 years |
Trading instruments | Cryptocurrencies, precious metals, stock, oil, forex pairs, indices |
Minimum Initial Deposit | $1 |
Maximum Leverage | 1:3000 |
Minimum spread | 0.0 pips onwards |
Trading platform | MT4 |
Deposit and withdrawal method | Bank Wire Transfers, Credit/Debit Cards, E-Payments, Cryptocurrencies, Local Payments and superforex money |
Customer Service | Email, phone number, WhatsApp, WeChat, telegramInstagram, YouTube, Facebook, twitter, LinkedInFAQ, Callback |
Fraud Complaints Exposure | Yes |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Pros:
Wide range of trading products and account types to choose from
High leverage of up to 1:3000
No additional fees on transactions with your account
Extensive educational resources available, including videos and seminars
Multiple channels of customer support, including social media platforms and callback option
Fast processing time for deposits
Cons:
Limited regulatory oversight and licensing
Limited information on the company's history and ownership
Some account types have high minimum deposits, such as the Profi STP and ECN accounts
The spreads on some trading products can be higher compared to other brokers
Withdrawals may take longer to process compared to deposits
Limited options for trading platforms, only offering the MT4 platform.
Advantages | Disadvantages |
Super Forex offers tight spreads and fast execution due to its Market Making model. | As a counterparty to its clients' trades, Super Forex has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients. |
Super Forex is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Super Forex acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that Super Forex has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with Super Forex or any other MM broker.
SuperForex is a global forex broker established in 2013 with a mission to provide its clients with top-quality financial services and a wide range of trading instruments. The company is headquartered in Belize. With its client-centric approach, SuperForex offers various account types, flexible trading conditions, a range of trading platforms, a variety of payment options, and a comprehensive set of educational resources to cater to the needs of both novice and experienced traders.
In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.
Super Forex offers a wide range of trading instruments, including cryptocurrencies, precious metals, stocks, oil, forex pairs, and indices. The availability of multiple asset classes provides traders with diversification opportunities, access to global markets, and the potential for high returns. With access to popular asset classes such as forex pairs and indices, traders can also benefit from high liquidity, which means they can quickly enter and exit positions at the desired price. However, trading multiple asset classes can be complex, may require extensive knowledge and expertise, and may come with higher margin requirements, increasing trading costs. Additionally, as the research and analysis on each asset class may not be as detailed or comprehensive as traders would prefer, traders should conduct their own research and analysis to make informed trading decisions.
Advantages | Disadvantages |
Competitive spreads | Unregulated broker |
Detailed fee table | Potential hidden fees |
Zero commissions | High leverage up to 1:3000 |
No deposit or withdrawal fees | Lack of negative balance protection |
Super Forex offers competitive spreads and provides a detailed fee table that outlines spreads, commissions, SWAPs and lot sizes for various accounts and products. The absence of commissions and deposit/withdrawal fees makes trading cost-effective. However, as an unregulated broker, Super Forex carries a risk of potential hidden fees. Also, the high leverage of up to 1:3000 can be both beneficial and risky, as it can magnify profits and losses. Moreover, the lack of negative balance protection is a disadvantage that can expose traders to significant losses.
STP accounts:
Account type | Standard | Swap-Free | No Spread | Micro Cent | Profi STP | Crypto |
Minimum deposit | 5 USD | 5 USD | 50 USD | 1 USD | 500 USD | 50 USD |
Maximum leverag | 1:1000 | 1:1000 | 1:1000 | 1:1000 | 1:3000 | 1:10 |
Swaps | Yes | No | No | Yes | No | No |
Spreads | Fixed | Fixed | 0 | Fixed | from 0.01 pips | Fixed |
ECN accounts:
Account type | ECN Standard | ECN Standard-Mini | ECN Swap-Free | ECN Swap-Free Mini | ECN Crypto |
Minimum deposit | 100 USD | 5 USD | 100 USD | 5 USD | 50 USD |
Maximum leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 | 1:10 |
Swaps | Yes | Yes | No | No | No |
Spreads | Floating | Floating | Floating | Floating | Floating |
Super Forex offers a variety of account types, ranging from Standard and Micro Cent accounts to more specialized accounts like No Spread and Crypto. The broker also offers ECN accounts with floating spreads for traders looking for a more transparent pricing model. Each account type has its own minimum deposit requirement and maximum leverage, giving traders the flexibility to choose an account that best fits their needs. Additionally, the Swap-Free account option is available for those who require it, and the Profi STP account is specifically designed for professional traders. However, it should be noted that some account types have limited leverage and some have higher spreads compared to others.
Advantages | Disadvantages |
User-friendly and intuitive interface | Outdated and not as advanced as newer platforms |
Flexible and customizable | Limited charting tools compared to other platforms |
Large community support with abundant resources | No two-factor authentication for added security |
Ability to use expert advisors (EAs) | Limited access to market data and news |
Multiple language support | Limited integration with third-party plugins and tools |
Super Forex offers its clients the popular MetaTrader 4 (MT4) platform for trading, which has been in use for over a decade and is known for its user-friendly interface and flexible customization options. With MT4, traders have access to advanced charting tools, automated trading through expert advisors (EAs), and a large community of support with abundant resources. However, MT4 has limitations in terms of access to market data and news compared to newer platforms, and it does not offer two-factor authentication for added security. Additionally, while the platform is flexible and customizable, it does have limitations in terms of charting tools compared to other platforms.
Advantages | Disadvantages |
Potential for higher profits with smaller initial investments | Increased risk of substantial losses |
Increased market exposure and flexibility in trading strategies | High leverage can lead to rapid depletion of funds in case of unfavorable market movements |
Can provide access to larger positions and more trades | Requires a higher level of experience and risk management skills |
Can amplify both profits and losses | Limited availability in certain jurisdictions due to regulatory restrictions |
Super Forex offers a very high maximum leverage of up to 1:3000, which can be advantageous for experienced traders looking to amplify their profits and gain greater market exposure with smaller initial investments. However, high leverage also carries a significant amount of risk, as it can lead to substantial losses in a short period of time. This requires traders to possess advanced risk management skills and strategies to mitigate the risks. Additionally, high leverage is not available in all jurisdictions due to regulatory restrictions.
Advantages | Disadvantages |
Multiple deposit and withdrawal options | No information on fees charged by payment systems or banks |
No additional fees charged by SuperForex on transactions | Processing time for withdrawals may take up to 4 business days |
Instant processing time for deposits | Lack of information on withdrawal limits |
Availability of local payment options | Limited cryptocurrency options compared to some competitors |
SuperForex offers a variety of deposit and withdrawal options to cater to clients' different preferences. One advantage is that the company does not charge any additional fees on transactions with your account. However, there is no information available on the fees charged by payment systems or banks, which may lead to unexpected charges for clients. Processing time for withdrawals may also take up to four business days, which may be longer than some competitors. On the other hand, deposits are processed instantly. SuperForex also offers local payment options, which can be convenient for clients in certain regions. However, the cryptocurrency options are limited compared to some competitors. It would be helpful for SuperForex to provide more information on withdrawal limits to assist clients in planning their transactions.
Advantages | Disadvantages |
Comprehensive educational resources available | Limited personal guidance |
Variety of resources such as lections, glossary, seminars, and videos | No formal certification |
Official YouTube channel available for additional resources | Self-directed learning may not suit all learners |
Free of charge for Super Forex clients | No interactive learning tools |
Accessible to clients worldwide | Some resources may be more basic than others |
Super Forex offers a variety of educational resources for its clients. The company provides comprehensive lections, a glossary, seminars, training centers, educational videos, and other resources to help traders learn more about forex trading. Additionally, Super Forex has an official YouTube channel where clients can access even more videos to supplement their learning. These resources are available free of charge to Super Forex clients, and they are accessible to traders worldwide. However, there are some disadvantages to Super Forex's educational resources. While they are comprehensive, they do not offer personalized guidance, and there is no formal certification process. Additionally, the resources are self-directed, which may not be suitable for all learners, and some of the materials may be more basic than others.
You may also visit their official YouTube channel to watch more videos. Here is a recent video about technical analysis.
Advantages | Disadvantages |
24/5 customer support available via various channels | No 24/7 customer support |
Several social media channels for customer support and engagement | No live chat available on website |
FAQ section available on the website for quick self-help | No phone support for some countries |
Callback feature available for personalized assistance | No physical office or location available for in-person assistance |
Super Forex offers a variety of customer care options for their clients. The company provides 24/5 customer support through various channels, including email, phone, WhatsApp, WeChat, Telegram, and social media platforms such as Instagram, YouTube, Facebook, Twitter, and LinkedIn. The FAQ section on their website is another helpful resource for clients who prefer self-help. Additionally, the callback feature is available for personalized assistance. However, Super Forex does not offer 24/7 customer support and live chat is not available on their website. Furthermore, phone support may not be available for some countries and there is no physical office or location available for in-person assistance.
In conclusion, Super Forex is a reputable and reliable forex broker that offers a wide range of trading instruments and account types to its clients. Its multiple deposit and withdrawal options, as well as its educational resources and customer support channels, make it an attractive option for traders of all levels of experience. The company also stands out with its high leverage of up to 1:3000, which can potentially lead to significant profits. However, traders must be aware of the risks involved in high leverage trading and exercise caution when trading with such high ratios. Overall, Super Forex provides a solid trading environment for traders looking to participate in the forex market.
Question: What is Super Forex?
Answer: Super Forex is a global forex broker that provides online currency trading services for both retail and institutional clients worldwide.
Question: Is Super Forex regulated?
Answer: No, Super Forex is not regulated.
Question: What trading platforms does Super Forex offer?
Answer: Super Forex offers the popular MetaTrader 4 (MT4) trading platform, which is available for both desktop and mobile devices.
Question: What is the minimum deposit required to open an account with Super Forex?
Answer: The minimum deposit required to open a Standard account with Super Forex is 5 USD.
Question: What types of accounts does Super Forex offer?
Answer: Super Forex offers various types of accounts, including Standard, Swap-Free, No Spread, Micro Cent, Profi STP, Crypto, ECN Standard, ECN Standard-Mini, ECN Swap-Free, ECN Swap-Free Mini, and ECN Crypto accounts.
Question: What is the maximum leverage offered by Super Forex?
Answer: Super Forex offers a maximum leverage of up to 1:3000.
Question: What educational resources are available on the Super Forex website?
Answer: Super Forex provides a variety of educational resources, including comprehensive lessons, a glossary, seminars, training centers, and educational videos, which are all designed to help traders improve their knowledge and skills in the forex market.
AvaTrade | Basic Information |
Founded | 2006 |
Headquarters | Dublin, Ireland |
Regulation | ASIC, CBI, FSA, FSCA, FSC, CBI, FFAJ |
Type of Broker | Market Maker |
Minimum Deposit | $100 |
Tradable Assets | Forex, CFDs, Stocks, Indices, Commodities, Cryptocurrencies |
Leverage | 1:30 (for retail clients), 1:400 (for professional accounts) |
Min. Spreads | 0.9 pips on the EUR/USD pair |
Trading Platforms | AvaTradeGO, MT4, MT5, WebTrader, AvaOptions, DupliTrade |
Mobile Trading | Yes |
Payment Methods | Credit/Debit Card, Bank Transfer, E-wallets, Rapid Transfer |
Customer Support | Live Chat, Phone, Email, Knowledge Base |
Educational Material | Webinars, E-books, Trading Videos, Articles, Academy |
Avatrade is an online forex and CFD broker that was established in 2006. The company is headquartered in Dublin, Ireland, and is regulated by several financial authorities around the world, including ASIC, CBI, FSA, FSCA, FSC, CBI, FFAJ.
As a market maker broker, Avatrade offers a range of tradable assets including forex, CFDs, stocks, indices, commodities, and cryptocurrencies. The broker provides clients with access to multiple trading platforms, including AvaTradeGO, MT4, MT5, WebTrader, AvaOptions, and DupliTrade. Mobile trading is also available.
Avatrade requires a minimum deposit of $100 to open an account, and clients can choose from a variety of payment methods including credit/debit card, bank transfer, e-wallets, and Rapid Transfer.
Customer support is available via live chat, phone, email, and a knowledge base. The broker also provides a range of educational resources for traders, including webinars, e-books, trading videos, and articles.
Avatrade is regulated by multiple financial regulatory authorities, including the Central Bank of Ireland, the Australian Securities and Investments Commission (ASIC), the Financial Services Commission (FSC) of the British Virgin Islands, and the Financial Services Authority (FSA) and The Financial Futures Association of Japan (FFAJ). These regulatory bodies ensure that Avatrade operates with transparency, integrity, and in compliance with regulatory requirements.
Ava Capital Markets Australia Pty Ltd - authorized by ASIC (Australia) registration no. 406684
AVA Trade EU Ltd - authorized by Central Bank of Ireland (CBI)
Ava Capital Markets Pty Ltd - authorized by FSCA (South Africa) registration no. 45984
Ava Trade Japan K.K. - authorized by FSA (Japan) registration no. 2010401081157 and FFAJ registration no. 1574
Ava Trade Middle East Ltd - authorized by FRSA (Abu Dhabi Global Markets) registration no. 190018
AVA Trade EU Limited - authorized by the Financial Conduct Authority (FCA), holding a license of European Authorized Representative (EEA), registration no. 504072
When it comes to choosing a broker, it's important to carefully consider the pros and cons to determine which one is right for you. Some potential advantages of a broker may include competitive fees and spreads, a user-friendly platform, and a wide range of deposit and withdrawal options. Additionally, a regulated broker can provide peace of mind knowing that your funds are protected.
However, there may also be potential downsides to consider, such as limited trading instruments, customer support options, and research tools. A high minimum deposit requirement and limited bonus offers may also be a drawback for some traders.
Pros | Cons |
Regulated by reputable financial authorities | Avatrade's minimum deposit requirements are relatively high compared to other brokers, which may make it difficult for some traders to get started. |
Competitive spreads and fees | Limited bonus and promotional offers |
Multiple trading platforms | No online chat supported |
Wide range of deposit and withdrawal options | Limited trading instruments |
Acceptable minimum deposit | Limited customer support options |
Rich and Free educational resources | |
Access to advanced trading tools and features | |
Low to no slippage during high volatility | |
Automated trading allowed |
Avatrade offers a wide range of trading instruments across various markets, including forex, stocks, commodities, cryptocurrencies, spread betting, FX OPtions. Here's a breakdown of the market instruments available:
Forex: Avatrade offers more than 50 currency pairs, including major, minor, and exotic pairs.
Stocks: Traders can trade stocks from major global exchanges, such as NASDAQ, NYSE, LSE, and more.
Commodities: Avatrade offers trading in precious metals like gold and silver, energy commodities like oil and gas, and agricultural commodities like wheat and coffee.
Cryptocurrencies: This broker offers trading in popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin, as well as lesser-known coins like Dash, Monero, and NEO.
Indices: Avatrade provides access to major indices, including the S&P 500, NASDAQ, FTSE 100, and more.
FX options allow traders to take advantage of currency movements while limiting their risk. With FX options, traders can set a specific strike price at which they want to buy or sell a currency pair, and the option will be exercised only if the market reaches that price. This allows traders to potentially profit from market movements while limiting their potential losses.
Spread betting is a tax-free way to speculate on the direction of various financial markets, including forex, commodities, and indices. With spread betting, traders can bet on whether the market will rise or fall and potentially profit from both upward and downward movements.
Pros | Cons |
Wide range of instruments including forex, stocks, commodities, and cryptocurrencies | No trading in futures or options |
Trading available in CFDs, spread betting, and options | Spread betting only available for UK and Irish residents |
Access to FX options for forex traders | Limited leverage on certain instruments |
Competitive spreads on major forex pairs | Overnight fees on positions held past market hours |
No commission fees on trades | Limited availability of certain instruments during non-market hours |
When it comes to account types, Avatrade only offers a standard account. This means that all clients will have access to the same features and trading conditions, regardless of the size of their deposit.
The standard account provides access to all of Avatrade's trading instruments, including forex, stocks, commodities, and cryptocurrencies. This means that traders can diversify their portfolio and take advantage of different market conditions, all within the same account.
Avatrade has a minimum deposit requirement of $100, which is relatively low compared to other brokers in the industry. For example, brokers like IG and Saxo Bank have a minimum deposit requirement of $300 and $10,000, respectively. However, there are other brokers that have a lower minimum deposit requirement than Avatrade. For instance, Pepperstone and XM have a minimum deposit requirement of $0 and $5, respectively.
Pros | Cons |
Low minimum deposit requirement of $100 | Only offers one account type (Standard Account) |
Negative balance protection for all accounts | Limited account funding options |
Wide range of payment methods available | Inactivity fee charged after 12 months of no trading |
No commission charges on trades | Limited customization options for account settings |
Access to a wide range of trading instruments | No Islamic accounts available for Muslim traders |
Dedicated account manager for high depositors | Limited educational resources for beginner traders |
Demo Accounts Available | Demo accounts valid for 21 days only |
Avatrade offers demo accounts for traders who want to practice their trading skills or test out the trading platform without risking real money. The demo account allows traders to access the full range of trading instruments and features on the Avatrade platform using virtual funds. It is a useful tool for new traders to get familiar with the platform and for experienced traders to test new strategies before using them in live trading. The demo account is available for 21 days and can be renewed upon request.
When it comes to the process of opening an account with Avatrade, rest assured that it is one of the most streamlined and user-friendly experiences out there. Not only is the process simple and straightforward, but it is also designed to ensure that new traders can start their journey with ease.
First, you need to visit the Avatrade website and click on the “Register” button, which is prominently displayed on the homepage.
Then, you will then be taken to a registration form where you will need to provide your personal information, such as your name, email address, and phone number. You will also need to create a password and select your account currency.
After filling out the registration form, you will need to verify your identity by submitting a copy of your government-issued ID and a recent utility bill or bank statement. This is a standard requirement for all regulated brokers and is done to ensure the security and integrity of the trading platform.
Once your account is verified, you can fund your account using one of the many payment options available, such as credit/debit card, bank transfer, or electronic wallets like Neteller or Skrill. After funding your account, you can download the Avatrade trading platform or use the web-based version to start trading.
Avatrade offers leverage of up to 1:400 for forex trading and up to 1:200 for other instruments such as commodities and indices. This means that traders can control a larger position with a smaller amount of capital. However, it's important to keep in mind that leverage can magnify both profits and losses, and traders should use it responsibly and with caution.
Avatrade also offers a range of leverage options for different account types, including 1:30 for retail clients in compliance with ESMA regulations and 1:400 for professional clients. It's important to note that professional clients must meet certain criteria to qualify for higher leverage.
Overall, Avatrade's leverage offerings are competitive with other brokers in the industry and can provide traders with greater trading opportunities. However, traders should always consider their risk management strategies and use leverage responsibly.
Avatrade offers competitive spreads and charges no commission fees for trading on its platform. The spreads offered by Avatrade vary depending on the trading instrument and market conditions. For example, the typical spread for EUR/USD is 0.9 pips, while for GBP/USD, it is 1.5 pips. Spreads for other instruments, such as indices and commodities, also vary.
However, it's important to note that spreads can vary depending on market conditions and volatility. Additionally, Avatrade charges commissions on certain trading instruments such as CFDs, which can impact the overall cost of trading. Traders should compare the spreads and commission rates of Avatrade with other brokers to determine if it meets their trading needs and preferences.
Pros | Cons |
Competitive spreads on major currency pairs such as EUR/USD | Wide spreads on some exotic currency pairs |
Fixed spreads available on certain account types | Higher spreads on CFDs compared to some other brokers |
No commission fees charged on trades | Overnight and weekend rollover fees charged on positions held for more than 1 day |
No deposit or withdrawal fees | Inactivity fee charged after 12 months of no trading activity |
No hidden fees | Minimum deposit of $100 may be considered high for some traders |
Non-trading fees are the fees that a broker charges for activities other than trading, such as deposit and withdrawal fees, inactivity fees, and account closure fees. These fees can significantly impact the profitability of a trader, and it's important to be aware of them when choosing a broker.
Avatrade has several non-trading fees that traders should be aware of. Here's a breakdown of the fees:
Fee type | Amount | Description |
Deposit fee | Free | Avatrade does not charge any fees for deposits. |
Withdrawal fee | $25-$50 | The withdrawal fee depends on the payment method used. |
Inactivity fee | $50 per quarter | Charged if there is no trading activity for three months. |
Account closure fee | Free | Avatrade does not charge a fee for closing an account. |
Overall, Avatrade's non-trading fees are reasonable compared to other brokers in the industry. The deposit fee is free, which is a significant advantage, but the withdrawal fee can be relatively high, depending on the payment method used. The inactivity fee is also something to keep in mind, as it can add up quickly if there is no trading activity. However, it's important to note that the inactivity fee is only charged after 12 months of inactivity, which is longer than some other brokers.
Avatrade offers a selection of trading platforms that are designed to meet the needs of different types of traders. Here are some of the trading platforms offered by Avatrade:
AvatradeGO: This is a mobile app that is available on both iOS and Android platforms. It allows traders to access their accounts and trade on the go.
MT4: Avatrade offers the popular MetaTrader 4 (MT4) platform, which is widely used by traders around the world. MT4 is known for its user-friendly interface, advanced charting tools, and a range of custom indicators and expert advisors.
MT5: Avatrade also offers the MetaTrader 5 (MT5) platform, which is the successor to MT4. MT5 has several new features, including more advanced charting tools, a wider range of order types, and improved back-testing capabilities.
WebTrader: Avatrade's WebTrader platform allows traders to access their accounts and trade directly from their web browser. The platform is easy to use and offers a range of trading tools and indicators.
AvaOptions: This is Avatrade's platform for trading options. It offers a range of options trading tools, including risk management tools, and a range of customizable trading strategies.
Avatrade offers a variety of deposit and withdrawal options to its clients. The methods available may vary depending on the client's location and the currency used.
Deposit options include bank wire transfer, credit/debit card, Neteller, Skrill, WebMoney, and others. The processing time for deposits is usually instant or up to one business day.
Withdrawal options include bank wire transfer, credit/debit card, Neteller, Skrill, WebMoney, and others. Withdrawals usually take 1-2 business days to process.
Avatrade does not charge any deposit or withdrawal fees, but clients may incur fees from their payment provider or bank.
To withdraw funds from your Avatrade account, you need to follow these steps:
Log in to your Avatrade account.
Click on the “Withdraw Funds” tab located in the main menu.
Choose your preferred withdrawal method from the list of available options, such as bank wire, credit card, or electronic payment systems like Skrill or Neteller.
Enter the amount you want to withdraw and any necessary payment details.
Review and confirm the transaction details.
Submit your withdrawal request.
It's important to note that Avatrade requires you to withdraw funds using the same payment method that you used to deposit funds into your account. The processing time for withdrawals varies depending on the payment method, but Avatrade strives to process all withdrawal requests within 24 hours.
Avatrade offers customer support through multiple channels, including live chat, phone support, email, and an online contact form. They have customer support available in multiple languages, including English, Spanish, French, German, Italian, Portuguese, Arabic, and Chinese.
Their customer support team is available 24/5, meaning that they are available Monday through Friday to help with any questions or concerns that traders may have. They also have a comprehensive FAQ section on their website, which covers a wide range of topics related to the platform and trading.
Avatrade's customer support has received positive reviews for their responsiveness and helpfulness. They also offer free educational resources to help traders improve their skills and knowledge.
Avatrade offers a variety of educational resources to help traders improve their skills and knowledge. They have a comprehensive educational section on their website that includes a range of materials such as e-books, video tutorials, webinars, and trading courses.
The e-books cover a range of topics, from basic trading concepts to advanced strategies. The video tutorials are easy to follow and cover a variety of topics, including trading platforms, technical analysis, and risk management.
Avatrade also offers webinars that are conducted by experienced traders and cover a variety of topics. These webinars are interactive, allowing participants to ask questions and receive feedback from the presenter. Additionally, they offer a range of trading courses for beginners, intermediate and advanced traders.
Conclusion
Avatrade is a well-established broker with a long history of providing trading services to traders worldwide. They offer a variety of trading instruments, including forex, commodities, and cryptocurrencies, with competitive spreads and leverage options. Their trading platform is user-friendly and provides a range of advanced tools and features for traders of all skill levels. Additionally, they provide excellent customer support, educational resources, and a demo account for traders to practice their strategies. However, there are some downsides to consider, such as higher non-trading fees and limited account options.
Q: Is Avatrade regulated?
A: Yes, Avatrade is regulated by multiple reputable authorities, including the Central Bank of Ireland, the Financial Services Commission in the British Virgin Islands, and the Australian Securities and Investments Commission.
Q: Does Avatrade offer a demo account?
A: Yes, Avatrade offers a free demo account for traders to practice and test their strategies before trading with real money.
Q: What is the minimum deposit requirement for Avatrade?
A: The minimum deposit requirement for Avatrade is $100.
Q: What trading instruments are available on Avatrade's platform?
A: Avatrade offers a wide range of trading instruments including forex, stocks, commodities, indices, cryptocurrencies, and more.
Q: What is the maximum leverage offered by Avatrade?
A: The maximum leverage offered by Avatrade is 1:400.
Q: Does Avatrade charge any trading fees?
A: Yes, Avatrade charges spreads and commissions on certain trading instruments.
Q: What deposit and withdrawal methods are available on Avatrade's platform?
A: Avatrade offers a variety of deposit and withdrawal methods including credit/debit cards, bank transfers, and e-wallets such as PayPal, Skrill, and Neteller.
Q: Does Avatrade provide educational resources for traders?
A: Yes, Avatrade provides a range of educational resources including webinars, e-books, trading courses, and more.
Q: What kind of customer support does Avatrade offer?
A: Avatrade offers 24/5 customer support through phone, email, as well as an extensive FAQ section on their website.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive super-forex and ava-trade are, we first considered common fees for standard accounts. On super-forex, the average spread for the EUR/USD currency pair is -- pips, while on ava-trade the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
super-forex is regulated by FSC. ava-trade is regulated by ASIC,FSA,FFAJ,ADGM,CBI,FSCA,KNF.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
super-forex provides trading platform including Profi STP,Crypto,Standard,Swap Free,Micro Cent,No Spread and trading variety including USD, EUR, GBP, ZAR. ava-trade provides trading platform including -- and trading variety including --.