Finding good and reliable Forex brokers is not an easy task in this day and age. There are many companies out there who make claims that they cannot possibly meet. This AvaTrade review brings you one of the few reliable and trustworthy platforms that actually deliver on their promises.
Established in 2006, AvaTrade has been in the Forex trading business for a while. Since their beginnings until today, they spread their influence to more than 150 countries around the globe, establishing their offices at many of these locations. Their main seat remains in the Ireland’s capital of Dublin.
AvaTrade General Features
AvaTrade holds several trading licenses, covering their operations in various parts of the world. In Europe, they are regulated by the Central Bank of Ireland, while the rest of their business is mainly covered by Australian ASIC and FSA Japan.
One of the most important AvaTrade features is their automatic trading package. The package is a part of the trading software. On top of it, customers also get access to numerous trading tips, tricks, and strategies at no additional cost whatsoever. The only cost to a user are charges for the trading spreads.
Available Trading Platforms
The next thing this AvaTrade Forex broker review is going to cover are available trading platforms. Trading platforms are the heart of every broker and they are what the users are really after. AvaTrade understands this and thus they offer a rather wide selection of platforms.
- AvaTrader
This user-friendly platform makes your trading experience simple, enjoyable, and profitable. With variety of different customizable options, you can set up things just the way you want without having to spend hours trying to figure everything out.
- MetaTrader 4
This is one of the best known and most used Forex trading platforms out there. It is a great choice for new users and experienced traders alike, offering a lot of options and letting you trade the way you are used to.
There are also auto-trading platforms available, letting you rely on the experience and knowledge of others and banking on their expertise. The choices made available on AvaTrade include Zulutrade and Mirror Trader.
For those who like to stay in the loop at all times, there is Avatrade mobile app available and it is compatible with a range of Android powered phones as well as iPhones. This ensures availability to all types of customers regardless of their preference in terms of technology.
Banking Options
To start trading with AvaTrade, you will need to make a deposit of at least $250. There is a range of deposit methods available, including online wallets like Neteller, PayPal, Skrill, etc., as well as numerous popular credit and debit cards like Visa and MasterCard.
The maximum available leverage is 400:1
Most of these options are available for withdrawal as well. In addition, customers can order Ava Debit Card which makes for simpler withdrawals, although it can take a few days before requested funds are made available.
Please note that AvaTrade platform is not available to the US citizens because of the legal restrictions.
Support and Bonuses
One thing we specifically wanted to look into in this AvaTrade review is their support. Considering how many new people get into Forex trading every day, having a stellar support is of the utmost importance for the customers’ satisfaction.
The company really excels in this regard as they not only offer an extensive knowledge library but they are also available around the clock to address any users’ questions or concerns. Although their interface is fairly simple and very user-friendly, their welcoming staff will help you make your first steps and make sure you are doing everything right. You just need to ask!
The support is there around the clock, five days a week, and all major world languages are supported. Regardless of where you are from, there will be a support agent who will be able to understand you and answer your questions in your own language (for the most part, at least).
The company is not lagging behind in the promo department, either. AvaTrade bonus amounts to very respectable 100% up to $300, which gives you a nice head start. For those looking to deposit a larger amount, there is a 25% up to $50,000 AvaTrade bonus, so no client is left without his welcome gift.
Conclusion
As you could see from this AvaTrade Forex broker review, this is truly one of the companies you can trust. They offer a wide selection of trading platforms to fit everyone’s needs and requirements, they are licensees in several jurisdictions, and there is a range of available banking options.
The AvaTrade mobile app helps you always stay informed, even while you are on the road. This is very important for many traders, especially those dealing with large amounts of currency. The AvaTrade bonus is a generous one as well and it is available in two variations, for small-time traders and real Forex sharks alike.
If you are looking for a reliable, forthcoming, and trustworthy trading platform, you can hardly do better than AvaTrade. With a decade of trading experience and dozens of thousands of satisfied customers, the company easily earns its place near the top of the list.