Score
AvaTrade
Ireland|15-20 years| Benchmark AAA|https://www.avatrade.com/?tag=fxeye_oversea
Website
Rating Index
Benchmark
Benchmark
AAA
Average transaction speed (ms)
MT4/5
Full License
Ava-Demo
Capital Ratio
Perfect
Capital
Influence
AA
Influence index NO.1
South Africa 8.08Benchmark
Speed：C
Slippage：AAA
Cost：AA
Disconnected：AAA
Rollover：AAA
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomCapital Ratio
Capital Ratio
Perfect
Capital
Influence
Influence
AA
Influence index NO.1
South Africa 8.08Contact
Single Core
1G
40G
1M*ADSL
- The number of the complaints received by WikiFX have reached 35 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
Basic information
Ireland
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Users who viewed AvaTrade also viewed..
XM
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
FXCM
- Above 20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
ATFX
- 5-10 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
STARTRADER
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Benchmark
WikiFX Data provideTotal Margin Trend
| VPS Region | User | Products | Closing time |
|---|---|---|---|
 HoChiMinh | 411*** | GOLD | 12-26 08:06:49 |
| HoChiMinh | 253*** | GOLD | 12-26 08:11:55 |
 Shanghai | 354*** | GOLD | 12-26 07:17:55 |
Stop Out
0.70%
Stop Out Symbol Distribution
6 months
Sources
Language
Mkt. Analysis
Creatives
WikiResearchGenealogy
VIP is not activated.
WARWICK CAPITAL
MRT
DVBFX
Company Summary
| AvaTrade | Basic Information |
| Founded | 2006 |
| Headquarters | Dublin, Ireland |
| Regulation | ASIC, FSA, FFAJ, ADGM, CBI, FSCA, KNF |
| Tradable Assets | Forex, CFD, stock, commodities, indices, futures, cryptocurrencies, options |
| Demo Account | ✅ |
| Leverage | Up to 1:30 (retail)/1:400 (professional) |
| EUR/USD Spread | 0.9 pips |
| Trading Platform | AvaTrade Mobile App, WebTrader, AvaSocial, AvaOptions, MT4, MT5, DupliTrade |
| Minimum Deposit | $100 |
| Payment Method | MasterCard, Visa, PayPal, Skrill, Neteller, Wire Transfer, Perfect Money, Boleto |
| Customer Support | 24/7 - live chat, contact form, WhatsApp: +447520644093, phone (vary by the region) |
| Educational Resources | Academy, trading for beginners, trading platforms turtorials, economic indicators, trading rules, blog, trading webinars |
Avatrade Information
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, FSA, FFAJ, ADGM, CBI, FSCA, and KNF.
As a market maker broker, Avatrade offers a range of tradable assets including forex, CFD, stock, commodities, indices, futures, cryptocurrencies, and options. The broker provides clients with access to multiple trading platforms, including AvaTrade Mobile App, WebTrader, AvaSocial, AvaOptions, MT4, MT5, and DupliTrade.
Avatrade requires a minimum deposit of $100 to open an account, and clients can choose from a variety of payment methods including MasterCard, Visa, PayPal, Skrill, Neteller, Wire Transfer, Perfect Money, Boleto.
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 academy, trading for beginners, trading platforms turtorials, economic indicators, trading rules, blog, trading webinars.
Is Avatrade Legit?
Avatrade is regulated by multiple financial regulatory authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA), the Financial Futures Association of Japan (FFAJ), the Abu Dhabi Global Market of the United Arab Emirates (ADGM), the Central Bank of Ireland (CBI), the Financial Sector Conduct Authority of South Africa (FSCA), and the Polish Financial Supervision Authority of Poland (KNF). 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 Japan K.K. - authorized by FSA (Japan) registration no. 2010401081157 and FFAJ registration no. 1574
- Ava Trade Middle East Limited - authorized by ADGM (UAE) registration no.190018
- AVA Trade EU Ltd - authorized by CBI (Ireland) registration no. C53877
- Ava Capital Markets Pty Ltd - authorized by FSCA (South Africa) registration no. 45984
- AVA Trade EU Limited - authorized by KNF (Poland) registration no.693023
Pros & Cons of Avatrade
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 spreads, user-friendly trading platforms, and rich educational resources. Additionally, a regulated broker can provide peace of mind knowing that your funds are protected.
| Pros | Cons |
| Regulated by reputable financial authorities | Single account option |
| Competitive spreads | |
| Multiple trading platforms | |
| Rich and Free educational resources | |
| Access to advanced trading tools and features | |
| Low to no slippage during high volatility | |
| Automated trading allowed |
Market Intruments
Avatrade offers a wide range of trading instruments across various markets, including Forex, CFD, stock, commodities, indices, futures, cryptocurrencies, and options.
- 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.
- 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.
Account Type
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. 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.
Demo Account
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.
How to Open an Account?
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 “Open A FREE Trading Account” button, which is prominently displayed on the homepage.
- Then, you will then be taken to a Sign Up Form where you will need to provide your email address. You will also need to create a password.
- 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.
Leverage
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.
Spreads & Commissions (Trading Fees)
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.
Non-Trading Fees
Non-trading fees are the fees that a broker charges for activities other than trading. These fees can significantly impact the profitability of a trader, and it's important to be aware of them when choosing a broker. Avatrade charges inactivity fee and administration fee. You can find detailed info in the table below:
| Fee Type | Amount | Detail |
| Inactivity Fee | $/€/￡50 | Charged after 3 consecutive months of non-use (“Inactivity Period”) |
| Administration Fee | $/€/￡100 | Charged fter 12 consecutive months of non -use (“Annual Inactivity Period”) |
Trading Platform
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:
- AvaTrade Mobile App: 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.
Deposit & Withdrawal
Avatrade accepts MasterCard, Visa, PayPal, Skrill, Neteller, Wire Transfer, Perfect Money, and Boleto. The minimum deposit requirement is 100 USD, EUR, GBP or AUD. Deposit and withdrawal processing time very by the method you choose. You can find more detailed info in the screenshot below or directly visit this link: https://www.avatrade.com/about-avatrade/avatrade-withdrawals-deposits.
Customer Support
Avatrade offers customer support 24/7 through multiple channels, including live chat, contact form, WhatsApp: +447520644093, phone (vary by the region), and email. They also have a comprehensive FAQ section on their website, which covers a wide range of topics related to the platform and trading.
Educational Resources
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 academy, trading for beginners, trading platforms turtorials, economic indicators, trading rules, blog, etc. 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.
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, CFD, stock, commodities, indices, futures, cryptocurrencies, and options, 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 inactivity fees and limited account options.
FAQs
Is Avatrade regulated?
Yes, Avatrade is regulated by multiple reputable authorities, including ASIC (Australia), FSA (Japan), FFAJ (Japan), ADGM (UAE), CBI (Ireland), FSCA (South Africa), and KNF (Poland).
Does Avatrade offer a demo account?
Yes, Avatrade offers a free demo account for traders to practice and test their strategies before trading with real money.
What is the minimum deposit requirement for Avatrade?
The minimum deposit requirement for Avatrade is $100.
What is the maximum leverage offered by Avatrade?
The maximum leverage offered by Avatrade is 1:400.
Keywords
- 15-20 years
- Regulated in Australia
- Regulated in Japan
- Regulated in United Arab Emirates
- Regulated in Ireland
- Regulated in South Africa
- Regulated in Poland
- Market Making(MM)
- Retail Forex License
- Straight Through Processing(STP)
- MT4 Full License
- MT5 Full License
- Self-developed
- Global Business
- High potential risk
News
News AvaTrade Secures Multi-Year Partnership with Red Bull Racing
AvaTrade partners with Red Bull Racing for exclusive 2025 sponsorship, debuting branding at the Abu Dhabi Grand Prix. Expanding to F1 Academy & team podcasts.
2024-12-09 16:28
News AvaTrade Takes Another Season of Sponsorship with UAE Pro League
AvaTrade renews sponsorship with the UAE Pro League for 2024/25, promoting online trading awareness and boosting investment opportunities across the UAE.
2024-10-14 17:55
News AvaTrade Introduces AvaFutures for Retail Futures Traders
AvaTrade launches AvaFutures, offering retail traders quick onboarding, no hidden fees, and direct access to major global exchanges.
2024-06-25 14:21
News AvaTrade Launches AvaFuture, Expands into Futures Trading
AvaTrade introduces AvaFuture, a new platform for trading futures, offering a range of contracts across various assets.
2024-05-09 14:42
News Xviral announces its partnership with AVATRADE
In a groundbreaking move for the online trading community, Xviral has proudly announced its strategic partnership with AVATRADE, creating a synergistic alliance that promises unparalleled benefits for its respective users. This collaboration is set to redefine the landscape of online trading, with both platforms committed to promoting and enhancing each other's strengths.
2024-01-16 18:07
News Top 5 AI Trading Platforms in April
With the continuous development of AI technology, many financial companies have begun to apply AI technology to their trading services. WikiFX now has listed five excellent automatic trading platforms that allow you to enhance your trading results via robotic trading.
2023-04-19 17:24
Review 71
Content you want to comment
Please enter...
Review 71
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now
FX3188945981
United Arab Emirates
The spread is being manipulated.
Exposure
12-12
FX1899756313
Brazil
I have 13,000 dollars in my account and the brokerage said that my ID document "looks forged". This happened after I deposited 3,000 dollars and made a profit of 10,000 dollars. The analysis concluded this in less than 1 hour of analysis. I can prove that my ID is real and they are accusing that it's not, so it's up to them to prove that it's not.
Exposure
11-13
FX3141625552
Indonesia
well，I will rate it zero star,course ava Trade didn't pay me rebate ,as I have bring lots of client to him ,client profit,never be a partner with ava trade
Exposure
09-11
FX3141625552
Indonesia
ava refused to pay my rebate $16,880.4,my user ID is 200617,it should be pay on 15th July,they have suspended my commissions without giving me an acceptable explaination ,all trades are normal ,but they said it is Non-Qualified Traffic.
Exposure
07-22
Tom 6842
Colombia
On April 29, 2024, the price of Bitcoin registered movements in Ava Trade, and according to my analysis, I entered into operations, on this occasion I earned 9,211 USD, and with those profits in my balance, I decided to close some stuck operations and chose to assume some losses and continue... after about two hours, my surprise is that Ava Trade unilaterally debited me that money from my account, causing a double loss and a double affectation, because now it turns out that they do not recognize the damage or the profits obtained , washing the hands. In short, I made decisions with the profits I had generated and then they told me that they couldn't do anything, that is nothing more than manipulation of the price, the customer service is disastrous because I ended up losing a lot of money 💰 almost 20k that day due to their manipulation. Of the market to whom this has also happened, we should complain to their regulations because that is not fair.
Exposure
05-08
TomTrader
Mexico
On April 29, 2024, the price of Bitcoin registered peculiar movements in Ava Trade. I carried out operations like every trader. I looked at the graph and saw the opportunity and won 9,211 USD. I felt confident and had some stuck operations, so with that profit, I chose to take on some. losses and start later my surprise is that Ava Trade took that money from me and it was a double loss because now it turns out that they washed their hands and I made decisions with the profits that I had generated and then they told me that they couldn't do anything that's nothing else what manipulation of the price, the customer service is disastrous because I ended up losing a lot of money 💰 almost 20k that day due to their manipulation of the market, to whomever this has also happened, we should complain to their regulations because that is not fair.
Exposure
05-07
Softhony
Peru
On March 29, around 15:00 GMT, I made several winning short trades on BTCUSD. However, the broker does not want to recognize these manually placed trades. I attach some screenshots of my chart as it looked at that time. I am also attaching the report I got from the broker with the respective trades and the moves I have tried to make to recover my profits.In the end the broker took my money earning honestly. I have already made the formal claim.my Avatrade account is 70064099 - Ava-Real 6 and my transaction history is at https://www.myfxbook.com/members/Softhony/anthony-davalos/9753692También another trader from Malaysia had exactly the same problem, but he is owed more than $500k. https://www.forexpeacearmy.com/forex-reviews/539/avatrade-review#review-174813PD: Technical support had already given me the approval to withdraw $750 and $150 to my respective cards and the rest $6,825.28 via wire transfer, however, they were denied. Attached are the screenshots.
Exposure
05-04
bt_e21
Turkey
https://adx-bobvip.top/h5/index.html#/That website is not belong to ADX. They arecheater and crooks who use ADXs name. That fake ADX stole my $1148 on BitCoinat their website. They gathering people at their website for making money onBitCoin and steal people's Money on your company name (ADX). They stole many people'smoney, if you will not do something, they will steal people’s money under yourcompany name, ADX. She stole my money who is works for fake ADX. Her name is Aleyna +90 534 3648935 (whatsapp) and aleynarr34@gmail.com be careful about her and her offer. They are crooks.
Exposure
03-13
FX4083834234
Yemen
When the stock goes up, it makes you a little profit, and when it goes down, they lose you 3 times their high cash flow.
Exposure
02-24
Sky9548
Vietnam
December 12, 2023, it suddenly froze my account. I can't log in or trade on the background. I contacted their online customer service, and they said could not find the relevant information. The account manager also did not give a clear answer and delayed it. When I logged in, it showed that the account did not exist!
Exposure
01-20
FX2575674021
Colombia
The broker activate the SL in my operation without the price arrive there
Exposure
2023-05-18
FX3365286145
United States
Deposit does not arrive critical moment. Miss the market. Maybe it's just a coincidence, but it's annoying.
Exposure
2023-03-20
Brandon Liew27238
Malaysia
How to withdraw? Because the utility bill is not in my own name, but in my family’s name, how can I withdraw money smoothly? thank you~
Exposure
2023-01-04
diego1517
Colombia
Ava trade manipulates the market, it is impossible to withdraw, when one reaches a good amount of money they open operations to burn the account, you cannot withdraw less than 100usd what a fraud
Exposure
2022-11-09
FX5944873722
Malaysia
Stay away from it. You account might be liquidated by its delay of deposit. It was a scam. If you tried to deposit, they would charge many fees. Beware.
Exposure
2021-09-23
FX3739673730
Philippines
be cautious individuals, AVATrade is a major scam organization, I opened record with 50K and began exchanging gold when I make benefit they hindered my record and dropped my reward, I pulled out my capital 50K on the third of June and till now I didn't got the sum, then, at that point, the organization likewise pulled out my benefit without my recognize. please no one arrangement with this organization they are large scam organization, they don't answer to your messages and calls.
Exposure
2021-09-22
FX2046354843
Philippines
I can advise people to stay away from AVA, this is because they have own dealingdesk, and this dealingdesk main purpose is to wipe your account out. Futhermore, when you want to deposit it is sometimes easy. But when your account is almost blown up, they delay your deposit just long enough so they can drain your account by spiking prices. Also the helpdesk is a real joke. There is practicly no useable support. And if you want to withdraw, prepare yourself, this will costs you alot of money. And can take very long, sometime you never get your money, and then they make up some rule why they dont want to pay. People who write positive reviews about AVA, are just braindead of have their own share in AVA. I can advise after lossing several thousands of euro’s. I tried to get some support from AVA several times, but their english could be more clear and understandable. I have just 1 advise, stay clear of this SCAM broker, because that’s what they are. Save your money on the bank.
Exposure
2021-09-21
FX3517856271
Philippines
Be careful people, AVATrade is a big scam company, i opened account with 50K and started trading gold when i make profit they blocked my account and cancelled my bonus, i withdrew my capital 50K on the 3rd of June and till now i didn't received the amount, then the company also withdrew my profit without my acknowledge. please nobody deal with this company they are big scam company, they don't reply to your emails and calls.
Exposure
2021-09-15
Kyle Loh
Malaysia
My withdrawal request rejected multiple number of times without any valid reason.
Exposure
2021-09-11
FX2542955901
Venezuela
They cheated me to deposit 50,000,000. I earned more than 1500 but I was unable to withdraw. They asked me to pay 500 further.
Exposure
2021-08-27