AvaTrade was founded in 2006 in Ireland, and since then it has become one of the world's leading forex brokers, while maintaining a strong presence in its home country. However, having expanded its activities, the broker provides its services to clients all over the world.

With one of the lowest minimum deposit requirements - just $100 for most available account types - AvaTrade is becoming an attractive choice for both beginners and experienced traders. The broker is regulated by respected authorities around the world, which adds to the reliability of its services.

AvaTrade provides a wide range of assets for trading, including more than 60 currency pairs, as well as other markets such as stocks, ETFs, cryptocurrencies and more. Clients can benefit from extensive educational content that is suitable for traders at any level of experience, providing access to information materials and training resources.

Trading Platform

AvaTrade shows outstanding professionalism in the field of trading platforms, providing its clients with access to two respected and widely used platforms - Metatrader 4 and Metatrader 5. These trading platforms are considered the standard in the industry and provide traders with many opportunities to trade effectively.

Apart from Metatrader, AvaTrade has developed its own trading platform, which is offered as standard. This web platform provides convenient trading in the browser, has a wide range of charting functions and includes unique features such as AvaProtect. With AvaProtect, traders can protect their positions for a fee, which allows them to compensate for potential losses over a certain period of time.

AvaTrade's Webtrader platform works in a browser and provides various options for trading within a fairly simple interface. In particular, you can create various investment portfolios and asset lists, and the most growing and declining instruments automatically appear on the main panel of Webtrader.

The possibilities of charting on AvaTrade also deserve attention: reviews indicate that they are quite diverse. In particular, there are about 90 analytical tools, as well as minute charts. There may be a lack of drawing and annotation tools, but otherwise everything is done really well.

Perhaps the main drawback of Webtrader is the lack of alerts, which is why a trader can miss out on a lot of profitable options for trading during the day.

Avetrade provides mobile versions of its platforms called AvaTradeGo, providing customers with the ability to trade on the go.

In addition to these platforms, the broker provides a specialized Java Options platform designed exclusively for options trading.

Copying trades is implemented through Duplitrade, a popular third-party trading platform, thus complementing the variety of tools available to traders on the AvaTrade platform. This diversity highlights the broker's commitment to meet the needs of each trader by providing them with the maximum number of tools for successful and diverse trading.

Registration on the platform

The AvaTrade account opening process provides customers from different countries with an easy, convenient and fast way to start trading. To start opening an account or registering a personal account on AvaTrade, visit the main page of the site and click the "Register" button in the upper right corner. 

At the first stage of registration, you will need to specify your email address and choose a strong password. After completing this stage, you will need to provide the following information in your personal account:

1. Your full name and surname.

2. Date of birth.

3. Current residential address.

4. Main occupation: Specify your main place of work or type of activity.

5. Your total annual income.

6. The source of funds.

7. Phone number.

This process provides the necessary information to complete registration and start using AvaTrade services. Clients can easily and conveniently go through the stages of opening an account, which makes the path to starting trading more accessible.

Verification

Opening an account with AvaTrade includes a mandatory verification step, which is a key process aimed at ensuring the security of your data and funds.

1. Proof of identity: A color copy of the identity document must be provided. It can be a passport or a driver's license issued by the state. The document must contain your full name, photo, date of birth and expiration date. It is important that the information on the document fully corresponds to the data specified during account registration.

2. Proof of address: Providing a document confirming the current address of residence is also required. The document must be at least 6 months old and may include a bank statement, utility bills, credit card statement, mobile or landline bill, or a letter from the local municipality. The address specified during registration must match the one indicated in the submitted documents.

3. Credit Card Copy: In certain cases, you may need to provide a copy of your credit card. It is important to remember that you have the right to hide the 8 middle digits on the front side and the CVV code on the back of the card.

Verification is an integral part of the AvaTrade account opening process, ensuring security and transparency in customer relations. This process is necessary to maintain a secure and trusting environment for all AvaTrade customers.

Mobile application 

AvaTrade offers a mobile application called Ava Trade Go, which is a mobile version of their Webtrader web platform. This application is available for installation on devices with iOS and Android operating systems. One of the features of Avatrade is the Save Protect function, which protects the trader from significant losses. If the transaction starts to make losses, AvaProtect returns the funds to the trader's account. Although using AvaProtect charges a fee, in many cases it can be a worthwhile investment. This option is unique and is not offered by other brokers.

Unlike Webtrader, AvaTradeGo offers limited opportunities to work with charts. Chart settings are minimal, and the number of analytical indicators is very limited. For more complex trading operations on a mobile device, many traders prefer to use the MetaTrader application.

However, AvaTradeGo is easy to use, and its clear advantage is the presence of push notifications that instantly arrive on the phone screen. This provides traders with convenience and efficiency in mobile trading.

Commissions and fees

AvaTrade attracts traders by offering commission-free trading on all types of accounts. This is made possible by the fact that the broker acts as a market maker, managing its own internal market pricing and executing transactions directly with customers. This is the opposite of some brokers that provide direct access to the market but charge fees.

Spreads on AvaTrade start at a competitive level. For example, in the forex market, spreads on major currency pairs such as EUR/USD start at 0.9 points. For professional traders who have opened a special account, this indicator may be even lower, starting from 0.6 points. However, certain conditions are required to access such accounts and they are usually only available to traders from the UK and the European Union.

In other markets such as indices, cryptocurrencies and stocks, spreads also start from competitive values, for example, from 0.13% for stocks to 0.35% for cryptocurrencies.

AvaTrade commissions are often fair and limited. For example, there is usually no fee for deposits or withdrawals, except when using a bank transfer or an unsupported currency exchange. There are also commissions for holding positions overnight, but you can opt out of them by choosing an Islamic trading account. The inactivity fee is $50 after 3 months of inactivity and is repeated for each subsequent 3-month period.

Trust

AvaTrade has earned a high reputation among traders due to its long-term experience in the market. This is largely due to the careful international regulation that the broker is subject to. It is under the control of no less than six regulatory authorities around the world, which underlines the seriousness of its activities.

In Europe, AvaTrade is subject to regulation by the Central Bank of Ireland, and is also overseen by ASIC in Australia, FSCA in South Africa, and FSA and FFAJ in Japan. Additional regulations apply in Abu Dhabi and the British Virgin Islands.

In addition to strict compliance with regulatory requirements, AvaTrade provides a number of measures to ensure the safety of its traders' funds. These measures include protection from a negative balance on a global scale, the use of segregated bank accounts in leading banks to store client funds, as well as additional protection from the Investor Compensation Fund (ICF). This comprehensive protection provides insurance for traders from the European Union in the amount of up to 20,000 euros in case of financial problems of the broker. Such security measures emphasize the reliability of AvaTrade and contribute to its excellent reputation in this field.

Investment products

AvaTrade succeeds in providing traders with a variety of assets to invest in, which makes their platform attractive to various types of investors. Despite the main focus on the Forex market with over 60 available currency pairs, the broker also serves many other markets through CFD trading. This includes cryptocurrencies, stocks, indices, commodities, bonds and ETFs.

In the stock market, more than 100 stocks of large companies from around the world provide traders with ample opportunities to diversify their portfolio. For those interested in cryptocurrencies, 13 different crypto assets are available for trading in pairs with major currencies or other cryptocurrencies.

The broker also provides a unique opportunity to trade Forex options through its specialized AvaOptions platform, offering 40 different options for traders. In total, over 200 assets are available for trading with AvaTrade, providing an extensive selection that can meet the needs of traders of all levels of experience and preferences.

It is also worth noting that spread betting is available for clients from the UK and Ireland through a broker, which adds additional opportunities for trading and investing.

Support Service

The support team is available around the clock and seven days a week via phone, email and online chat. Support staff usually promptly and professionally answer customer questions, providing a high level of service.

It is important to note that the broker's website has an FAQ section (frequently asked questions), which discusses in detail many common questions that clients may have. This provides an opportunity to solve some issues independently without having to contact support.

The AvaTrade website also supports several additional languages, which contributes to the convenience of customers from different countries. In addition, the presence of offices around the world makes it possible to receive additional telephone support from the client's region, which complements online communication channels. This global focus underscores the broker's commitment to providing high-quality customer support in various time zones and language environments.

Training

AvaTrade provides outstanding access to a variety of educational content designed to support your continuous learning and development as a trader. This extensive content is adapted for traders of all levels — from beginner to more experienced.

The AvaTrade educational section features as many as 57 video tutorials that provide detailed guidance on many aspects of Forex trading. These lessons cover key topics in detail, allowing you to gain an in-depth understanding of trading strategies and principles.

In addition, other valuable resources are available to you, such as e-books and a selection of free webinars. This provides additional opportunities for learning and sharing experiences, allowing you to improve your trading skills. All these educational resources are made available to traders in order to expand their knowledge and increase their level of professionalism in the world of financial markets.

Conclusion

Summarizing the review, we can conclude that AvaTrade provides an excellent choice for traders. The broker has reliable regulation from reputable authorities, ensuring a high level of security in the trading process. It also strives to maintain competitive trading costs in diverse markets and provides a powerful educational infrastructure to enhance your knowledge and skills.

Regardless of your level of experience — whether you are a beginner or an experienced trader — AvaTrade is an attractive choice. A broker with a long-standing positive reputation offers good value for money, as well as comprehensive customer support.