AvaTrade Review 2024 Multi-award winning and regulated broker

While this is a great tool, if you are using MetaTrader 4 or 5, you will not be able to access this tool as it’s only available with AvaTradeGO. AvaTrade will exit you from your trades when your equity falls below margin requirements. In addition avatrade review to expert advisers for trading automation via MetaTrader 4 and MetaTrader 5, AvaTrade offer DupliTrade (with MT4), ZuluTrade and MQL5 – Signal Service. The difference is who the account is available for and the level of leverage.

Commodity CFDs By AvaTrade

In this AvaTrade review, we’ll be taking a look at everything you need to know about this broker including; regulation, trading platforms and mobile apps, fees, research and education. A Free AvaTrade Demo Trading Account is offered to both new and established clients. The Demo Account allows traders to test the MT4, MT5, and proprietary trading platforms cost-free. The spreads across the board at AvaTrade start at a competitive level. When trading major markets such as the EUR/USD forex market, you can expect spreads to start from 0.9 pips. This can reduce further if you open a professional trading account which the broker does offer.

Financial Instruments

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. This might not be an issue if you prefer to learn by yourself, but can be a great option if you need a little professional guidance along the way. AvaTrade keep things simple with the trading accounts they offer. AvaTrade do not charge a commission to trade with them, instead they charge a fixed spread starting from 0.9 pips. AvaTrade offer the award-winning automated technical analysis tool Trading Central that runs in the MetaTrader desktop and mobile platforms. Trading Central will scan and analyse the markets to identify trading opportunities across hundreds of financial instruments based on sophisticated recognition engines.

MetaTrader 5

We do not provide financial advice, offer or make solicitation of any investments. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Accounts can be opened in a decent variety of currencies including USD, GBP, EUR and JPY.

AvaTrade Broker Review 2024

The Trading Calculator, for example, helps you to assess risk in a forex position. By entering the details of a position you’re looking to take, this system will then generate information about exposure, risk and what it will take for this investment to make or lose money. AvaTrade is a well-established, trusted global brand with over 18 years of experience in the financial markets. This broker has a clear user-oriented perspective and offers access to multiple trusted trading platforms and account types.

1. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
2. Furthermore, most of AvaTrade’s entities offer negative balance protection, and an impressive compensation scheme protects its traders against liabilities.
3. Feel free to ask questions of other members of our trading community.
4. When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

In that respect, it is somewhat surprising that the AvaTradeGO app features a greater number of technical indicators compared to the Web Trader. The platform also incorporates trading ideas directly from TradingCentral, which saves traders time and energy. Moreover, the platform features the innovative AvaProtect tool, providing traders with the ability to hedge any given position. Brokers operate multiple entities because it allows them to serve clients worldwide.

After twelve months of inactivity, AvaTrade charges an administration fee of $100. The broker does not charge a handling fee for deposits or withdrawals. However, third-party banking fees may apply depending on the chosen payment method.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Trading Brokers Trading Brokers is dedicated to bringing https://forexbroker-listing.com/ you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Seminars and webinars are a great way for beginners to interact with professional traders and polish their skills by asking questions.

Their award-winning customer service representatives are ready to assist with any trading issue you may have. The AvaOptions platform aims to make trading options easier via mobile or desktop. You can express your market view with calls and puts, and use the embedded tools to help try and maximise your return. There are more than 40 forex options and more for any combination of call and put options in one account to create your optimal portfolio.

I was offered average spreads of 0.9 pips on major forex pairs while the spread to trade gold was $0.29 over market. AvaTrade has a relatively strong investment offering, with 1,250+ instruments spanning popular asset classes like stocks, forex and commodities. It trails alternatives like CMC Markets with its 12,000 instruments, but still offers enough for most retail traders. The broker also provides plenty of trading tools and educational materials free of charge whilst the customer support team are available to answer any questions in a prompt and friendly manner.

We may receive commissions on purchases made from our chosen links. For those looking to understand market trends, the platform’s trend exploration tools and market insight instruments are effective. They shed light on market dynamics, aiding informed decision making. CFD trading fees on AvaTrade are within the spread, avoiding additional costs per trade.

The broker’s pricing mechanism is suitable for high-frequency trading when trading instruments from certain asset classes (most FX pairs and share CFDs, some commodities, etc). I assessed that AvaTrade offers competitive spreads and commissions. The broker also has very low swaps that are suitable for day and position trading. While deposits and withdrawals are free, the broker charges a relatively high inactivity fee. AvaTrade combines multilayered protection, affordable prices, and a good range of trading platforms and tools. This wide and rich selection of educational content will appeal to traders across ability levels, providing content for the beginner through to more advanced trading lessons.