Avatrade logo

No License

Score

2

AvaTrade

Ireland

Ireland

15-20 Years, No Regulation, MT4 License

Regulation

2

License

2

Business

2

Software

2

Risk Control

2

2

Scam

Licenses

Basic Information

Registered Region
Ireland

Ireland

Contact Number

+4368120454473

Operating Period

15-20 Years

Company Website

https://www.avatrade.com/

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, and FSCA.

As a market maker broker, Avatrade offers a range of tradable assets including forex, indices, commodities, crypto CFD, stocks, ETFs, bonds, and FX options. The broker provides clients with access to multiple trading platforms, including AvaTrade Mobile App, WebTrader, AvaSocial, AvaOptions, MT4, MT5, and DupliTrade.

 

 

Pros & Cons
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.

Pros
Regulated by reputable financial authorities
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

Cons
Single account option
Inactivity fee and administration feecharged

Market Instruments
Avatrade offers a wide range of trading instruments across various markets, including forex, indices, commodities, crypto CFD, stocks, ETFs, bonds, and FX options.

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.

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, HFM 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.

 

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.

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