In this AvaTrade review, we’ll explore the ins and outs of this trading company. Since its inception in 2006, it’s become one of the top Forex brokers in the world. AvaTrade caters to every type of trader as part of its commitment to empowering people. How, you may ask? By offering a wide selection of trading platforms and automated trading options.
AvaTrade is one of the world’s most popular online brokers. They boast over 200,000 customers. As a result, the numbers speak for themselves, with over two million trades a month at a volume of $60 billion.
AvaTrade has become one of the first Forex brokers to offer trading on commodities, indices, and stocks. As a result, by introducing digital currency trading and allowing access to the Bitcoin market, they’re ahead of the pack. In this AvaTrade review, we see their footprint spans the globe. They have regional offices and sales centers in Paris, Dublin, Milan, Tokyo, and Sydney. Their primary mission is to empower people to invest and trade with confidence. As a result, they offer users superior service and uncompromising integrity. Hence, their goal is to perfect the online experience for retail traders.
Moreover, I like where their head is. Their mission closely resembles our trading service as well. Our team is all about delivering you the stock trading content you need to become successful. Hence, If I can do this, you can too. Trust me!
You’ll see from this AvaTrade review that they’re a trusted broker regulated in the European Union (EU), Australia, Japan, the British Virgin Islands, and the Central Bank of Ireland.
As a result, you don’t need to worry about some fly-by-night company taking your money. It’s secure.
Recognition
When selecting a trading company, it’s important to look at its track record of performance. Hence, this AvaTrade review. For example, take a quick look at the list below. What you see is recognition for superior service year after year.
- Best Forex Broker – 2016, 2014, 2010
- Global Bitcoin CFD Trading Provider of the Year – 2015, 2012
- Forex Excellence Award – 2016, 2014, 2010
- FX Empire Best Affiliation Program – 2016, 2014, 2010
- Daily Forex Most Reliable Broker – 2015, 2011, 2009
What Can I Trade?
Many other trading platforms only provide a small selection of trading instruments. However, Avatrade is different. As a result, we wrote this AvaTrade review.
For instance, they offer one-stop shopping for users to trade. For example:
- Forex
- Forex Options
- OTC basic calls, as well as puts
- Stocks
- Bonds
- Indices
- Commodities
- Cryptocurrency
Who Can Trade With Avatrade?
Anyone with the desire to invest can be a part of AvaTrade. The platform is designed for all trading levels. As a result, whether you’re a beginner or an experienced trader, you can rest assured that this system has a module to get you started.
I know that’s a bummer. However, please take a look at other trading companies we recommend.
SERVICES | |||
---|---|---|---|
DESCRIPTION | Bullish Bears offer trade rooms in our Discord. Our chat rooms include penny stocks, large caps, options, and futures | We offer stock signals and trade alerts through our watch lists and Discord bots using Tradytics | Swing trade and day trade watch lists with hand-picked symbols that have the best chance of breakouts. These are stocks to watch |
INCLUDED | Trading courses • Live streaming • Discord • Real Time Teaching • Scanners & Bots Trade Rooms | Watch lists • Symbols • Support and resistance levels • Discord bots and scanners Trade Alerts | Swing trade watchlist • Day trade watchlist • Alert levels mapped out • Watch lists updated daily Watch Lists |
Avatrade Desktop Review
Pros
- Large selection of platforms to choose from
- The ability to add auto-trading and custom indicators
- Access to your account from any computer with an internet connection
Cons
- The MT4 interface looks dated compared to some of the newer platforms
- Scrolling or zooming on a chart is clunky, which is frustrating
- It isn’t easy to modify the add-ons
Avatrade Customer Support
This company has a great user experience, especially when urgent help is needed. Customer service is an important part of a trading company.
Stock trading is stressful. As a result, you need to have a broker with good customer service. It’s your money and needs to be handled with care and efficiency.
Pros
- Over 200 financial products, 50 currency pairs, commodities as well as cryptocurrencies to trade
- Five platforms to trade on
- Negative balance protection so you don’t lose more money in your account than you have
- The Guardian Angel feedback tool to help improve decision-making and trading performance
- A demo account to paper trade!
Cons
- Fewer currency pairs compared to other brokers
- No volume discounts
- Slow withdrawal processing – as a result, can take up to 10 days
- US citizens cannot use AvaTrade
- No emergency stop-loss
- You can only open one standard account
Final Thoughts: AvaTrade Review
In short, various tools built into the platforms make AvaTrade stand out. In essence, you can customize studies and build your strategies for success.
However, developing a personal strategy to give you an edge takes dedication and time.
Let’s be clear: AvaTrade is a leader in the online Forex industry. However, they offer a unique selection of trading platforms and financial instruments.
As a result, new traders will trade with confidence because of the tools and education the platform provides. Equally important, traders who’ve been around the block will appreciate the platform’s flexibility.
In conclusion, with AvaTrade, there’s something for everyone – as long as you reside outside the US; otherwise, there are plenty of other options for brokers. You’ll need to do a little research.
Frequently Asked Questions
Are you curious to know more? For up-to-date fees, check out the trading conditions section of the AvaTrade site found here.
Investors cannot purchase shares of AvaTrade because the company is privately held.