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For most operators, one of the biggest concerns they have about a broker is whether the broker is trustworthy. This is largely due to the fact that the online trading industry has been plagued by scammers for years. Incomprehensible, novice traders are eager to make sure the broker they registered with is legal and trustworthy.

With AvaTrade, this is no longer a concern for traders. As a broker who has been in business for over a decade, AvaTrade has already built a reputation among the online trading community as a broker with integrity and reliability. First, AvaTrade is an authorized and regulated broker that meets the most demanding regulatory conditions. It manages to provide its negotiators with a safe and regulated environment in which they can negotiate with ease. Specifically, AvaTrade has licenses and permits for the following jurisdictions:

European Union

British Virgin Islands

Australia

South Africa

Japan

As a testament to its reliable track record, AvaTrade has since 2009 won a variety of awards as a way to recognize its achievements for the industry. Among its awards, AvaTrade won "Best Customer Service", "Best Alert System" and "Best Provider of Derivative Financial Transactions". His latest award was presented to us here at FXEmpire as "Best Forex Broker 2016". AvaTrade has established itself in the online trading industry as a reliable and legal broker.

AvaTrade trading platforms

One of the main attractions of AvaTrade are the numerous trading platforms that it has made available to its traders. In total, the clients of AvaTrade can choose between the 8 main types of trading platforms.

These various platforms include:

MetaTrader 4 (MT4) platform

Meta Trader platform for Mac

Meta Trader platform for mobile commerce

Meta Trader platform for floating spreads

Meta Trader platform for web trading

The owner of the AvaTradeAct platform for forex and CFD trading

Automated trading platforms

Mobile trading platforms

AvaTrade platforms are also available on mobile devices. AvaTrade is compatible with Android technology, as well as iOS (iPhone and iPad). AvaTrade clients have the option to choose between the MetaTrader platform and AvaTradeACT.

Automated trading

To attract novice traders, AvaTrade has made available a variety of automated trading platforms and tools that can be used to improve your trading profits. Beginning traders with a lack of trading experience will find automated trading platforms especially useful as they allow them to copy or mimic the trades performed by their more experienced traders. This also helps to increase the confidence level of novice negotiators and, as such, to participate in more negotiation activities.

RoboX

RoboX is a simple and highly customizable trading tool that allows its users to trade automatically, according to their preferred trading style. To activate it, the operator will simply have to answer 3 different questions and RoboX will define and offer the operator access to a billion different trading strategies.

Negotiating impersonator

With the Trader Imitator trading platform, the trader will be able to duplicate trading transactions from experienced traders, even when the trader does not have access to the computer. The platform allows its users to decide which businesses they want to automate and when they want to manually retain and control it.

ZuluTrade

ZuluTrade is an automated social trading platform that enables its users to automatically convert the recommendations of traders with experience in trading decisions into the AvaTrade trading account.

MQL5 signal service

Fully integrated with the MT4 platform, operators will be able to subscribe to the MQL5 signal service, to gain access to one of the largest automatic trading communities in the world. The MQL5 account is offered free of charge and, once subscribed, operators will be able to easily copy, from thousands of tip providers, from all over the world.

API Trading

For traders with strong programming skills, they can use the AvaTrader API Libraries, which are available for free. With the AvaTrade API, traders will be able to create their own custom solutions and securely connect them to their AvaTrader platform.

AvaTrade account types

To keep things simple, AvaTrade offers two types of business accounts to its clients, a standard business account and a demo business account.

To open a standard business account, there is a minimum deposit requirement that must be met. Depending on the currency of the commercial account, the minimum deposit requirements are as follows:

Credit cards

$ 100

£ 100

€ 100

AUD $ 100

Wire transfer

$ 500

€ 500

£ 500

AUD $ 500

Note: Free exchange accounts are also available for Muslim traders who want to trade in the markets, in accordance with Sharia principles.

AvaTrade MAM Accounts

For professional traders who have to manage multiple business accounts for their clients, there is also the Multiple Account Manager (MAM) account. The MAM account contains the following characteristics:

Ability to create multiple business subgroups

All types of MT4 orders such as stops, limits and closing are available

Compatible Expert Advisors (EA)

Minimum lot of 0.01 lots

Multiple distribution parameters.

Order unlimited customer accounts

Order from a master account

With the MAM system, merchants can also access all information and customer accounts separately, to manage their customer accounts effectively.

AvaTrade Commissions and spreads

AvaTrade traders will be able to trade the different instruments with fixed and floating spreads. The list below shows the spreads (both floating and fixed) for some of the most frequently traded currency pairs.

Instrument

Spreadable (floating / fixed)

AUD / CAD 3.5 / 6

AUD / CHF 3.1 / 8

AUD / JPY 1.9 / 5

AUD / NZD 5.6 / 8

AUD / USD 1.8 / 4

CAD / CHF 4.2 / 5

CAD / JPY 2.3 / 6

EUR / AUD 3.4 / 6

EUR / CAD 4.8 / 5

EUR / USD 1.0 / 3

AvaTrade deposit and withdrawal options

AvaTrade business accounts can be provisioned by credit / debit cards and by bank transfer. AvaTrade also supports electronic payment transfers through electronic wallets. They include Paypal, Skrill, NETELLER and WebMoney.

Withdrawal methods in AvaTrade are those used to make a deposit. To request a withdrawal, simply complete the withdrawal request form, using the business account in the "MY AVA" panel. Follow the instructions in the survey section, located in the lower left corner of the "MY AVA" screen. Once the withdrawal request is submitted, the request will be processed up to 5 business days. In addition to the 5 days required to process the withdrawal request, additional days will be required until the entire withdrawal process is completed and the money is credited to the negotiator's bank account. For a faster withdrawal, merchants can request an Ava Debit MasterCard. With Ava Debit Mastercard, withdrawal time is significantly reduced.

Regarding AvaTrade customer service, it is provided by a team of multilingual support representatives. The team is available 24/5, ensuring that the AvaTrader operator always has the assistance they need, regardless of time. To contact the support team, AvaTrade merchants will be able to do so by email, media, live chat, fax and phone. One of the best AvaTrade customer support features is its localized support service. AvaTrade has dozens of localized support phone numbers, ensuring its operators do not face excessive phone costs.