AvaTrade.com

AvaTrade.com Review
3.4

Summary

AvaTrade.com is a forex broker. Ava Trade offers the MT4 and Mobile trading currency platforms. AvaTrade.com offers currency pairs,,cryptocurrencies, gold, silver, stocks, indices, commodities and cfds for your personal investment and trading options.

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User Review
3 (2 votes)

What is Avatrade.com

Avatrade.com Review
Avatrade is a forex broker that was founded in 2006. Its headquarters is located in Dublin and Ireland and it offers a leverage of 1:400. With a deposit of $100 only, you can gain access to Avatrade’s live account features which can fetch you more money.

AvaTrade.com Reviews: SCAM or LEGIT?

Avatrade’s successes are overwhelming. They are recognized in more than 200,000 individuals around the world and record more than 2 million trades every month.

AvaTrade Regulation
Avatrade is regulated by a number of bodies because they have decided to scatter abroad. In EU, they are regulated by the Central Bank of Ireland under the license number, C53877, and by MiFID (Markets in Financial Instrument Directive). In Australia, they are regulated by ASIC under the license number, 406684. They are also regulated in the British Virgin Islands by BVI Financial Services Commission. In Japan, it is registered with Financial Services Agency (License number 1662) and the Financial Futures Association of Japan (License number 1574). In South Africa, they are regulated by South African Financial Sector Conduct Authority (FSCA No.45984).

Trading Account
There are no varieties to choose from. This is an area where Avatrade may want to improve upon except if they have very strong reasons for not bringing up several varieties like the others do. Varieties in trading accounts are sometimes important to keep clients from running to another broker in case they get tired of just one or two offers which they are already used to.

Trading Platforms
There are a total of 8 trading platforms. This is way more than a few other brokers out there. They include the popular MT4 and MT5. Then we also have AvaOptions, Ava TradeGO, Mac Trading, Automated Trading, Web Trading and Mobile Trading.

Instruments
You can trade cryptocurrencies 24/7 on Avatrade. Other CFDs include bonds, Forex, indices, stock, ETF and commodities.

Withdrawal and Deposit Methods
It also appears that Avatrade is not so generous with providing a list of options for this. However, you can do a bank transfer or credit card transfer and still be up on your game.

Contact Details
Telephone
: +353766705834 (international phone number)
Email: You can send your email through the contact form on the website

CONCLUSION
Although Avatrade appears to be a good broker, one must still be mindful of investing in it because trading Forex and CFDs are generally risky. You should therefore be more guided before taking a decision to trade.


Disclaimer: This article should not be viewed as an endorsement of any of the services mentioned. Please do your own research before considering investing any funds. You should never make an investment into any online program if you do not know what you are doing.

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