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Binarium
Best Binary Options Broker!
Perfect For Beginners!
Free Trading Education!
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[2020] AVATrade – CFD Forex Cryptocurrency Broker Review
AVA Trade has a special secret-they a market leading in the hottest area of trading. Find Out how you can profit in Our [37 Point Review]
AVA Trade was a Winner in Our 2020 Review of CFD & Forex Brokers. Find out why they scored so well and what you need to look out for…
This is the in-depth review of AVA Trade conducted as part of our 12 Biggest & Best CFD Brokers Review for 2020.
For A Full Data Sheet of the FXPRO offering see the bottom of the page & review our CFD Risk Notice.
AVATrade: Best for those who want to Automate Trading & have a great selection of Cryptocurrencies
AVATrade offers the biggest selection of Cryptocurrencies to trade (11) and 50 Fx pairs at 1:400 leverage.
They also have 19 indices and 21 ETF’s to trade, but are a little light on equities with only 100 on offer. They do however have 17 Commodities and are only of only 4 brokers to offer Bonds & Treasuries.
AVATrade has an excellent selection of tools including MT4 and ZuluTrade. The standout offerings include DUPLITRADE which allows you to copy the trades of traders you hand pick and you can see their trading history and vet them first.
RoboX is also an Algorithmic system that apparently allows you to apply over 100 million trading strategies tailored to your needs and risk profile.
Through the SharpTrader dedicated website, you get access to research from 6 analysts. Packed with high-quality training videos this is a good educational package.
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Binarium
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AVATrade, seem to struggle with the customer satisfaction aspects, whether it is perception or reality they scores only a 5% approval rating in TrustPilot (based on 64 ratings) and have 9 negative tweets for the 3 months to Dec 2020.
AVA Trade 37 Point Service Offering Data Sheet
CFD ‘s :Share, ETFs, Options Comparison | |
---|---|
Shares # | 100 |
Shares Leverage | 1:20 |
Shares Comission | Spread |
Indices # | 19 |
Indices Leverage | 1:200 |
Indices Commission | Spread & Overnight Interest |
ETF # | 21 |
ETF Leverage | 1:20 |
FX, Crypto Comparison | |
fx Pairs | 50 |
fx Leverage | 1:400 |
fx Commisions | Spread & Overnight Interest |
Crypto Trading | 11 |
Crypto Leverage | 1:20 |
Commodities, Bonds, Treasuries Comparison | |
Commodities / Futures | 17 |
Commodities Leverage | 1:200 |
Bonds / Treasuries # | 5 |
Bonds Leverage | 1:100 |
Funding & Company Size | |
Minimum Balance | $100 |
Established | 2006 |
Number of Clients | N/A |
Investor Protection | |
Investor Protection | |
Regulated By | Central Banks of Ireland, ASIC, Japan FSA |
Parent Company | Privately Owned |
Trading Software | |
Broker | avatrade |
Software | AvaTradeActt MetaTrader 4 MT4 Floating Spreads AVAOptions Automated Trading |
Mobile Software | Yes |
Customer Support, Research & Education | |
Broker | avatrade |
Customer Support | Live Chat & Phone Support |
Research / News | Yes |
Education | Sharp Trader |
Twitter Followers | 8800 |
Negative Tweets 3 months | 9 |
Trustpilot (% Avergae Rating & Above | 10% |
Types of Complaint | Support ticket open 4 weeks Money withdrawal Online Support Delays No serious complaints about fraud, halting trading |
AVA Trade – CFD Forex Broker Detailed Data Sheet
CFD Risk Notice ESMA & FCA Risk Warning – “CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts may lose money when trading CFDs with any provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk”
We thoroughly background check the brokers we recommend and only list reputable trustworthy companies. Read our tips to perform your own background checks, and test a broker after you sign up. You can perform your own check easilly. LiberatedStockTrader.com accepts no responsibility for your experience with any broker.
REVIEW BREAKDOWN | |
Foreign Exchange (fx), Crypto Currency Services | |
Equities, ETFs & Options Trading Services | |
Commodities, Bonds & Treasuries Trading Services | |
Funding & Company Size | |
Investor Protection & Regulation | |
Trading Platform Software | |
Customer Support, Research & News | |
TRUST – Online Followers, Tweets & Ratings | |
REVIEW SUMMARY |
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AvaTrade Review
Competitive spreads and excellent educational resources
Investopedia is committed to rigorous editorial standards to provide our readers with the best advice and recommendations. We may receive compensation when you click on links to products we reviewed. Learn more about our methodology and review process.
- Account Minimum: $100
- Fees: Advertised spreads as low as .9 pips
- Best For: New and undercapitalized traders
Disclosure
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Originally founded as AvaFX in 2006, AvaTrade offers average-to-competitive spreads and a broad variety of tradable instruments through its Ireland domicile and multiple satellite offices, with financial registration across six jurisdictions on five continents.
Novice traders can open accounts for as little as $100 while the broker’s commitment to education should get them up to speed quickly. A dedicated educational and research site has grown in the last year, now offering a broader variety of free courses, videos and market analysis.
Since our last review, the broker has reduced the number of trading platforms while adding a professional designation to bypass ESMA leverage restrictions. Some of these changes are poorly documented, raising potential confusion when prospective clients are looking at account types, spread schedules, and fee listings.
Full slate of forex, CFD, cryptocurrency offerings
Unique social trading features
Impressive educational offerings
No Metatrader 5
Trading platforms lack news and research functionality
Trust
Clients have account protection up to EUR 20,000 through Ireland’s Investor Compensation Company (ICCL) but the broker provides no additional insurance. They offer negative balance protection, now mandated under EU financial regulations. Desktop, web, and mobile platforms utilize no second-factor authentication but account holders can use Metatrader’s One Time Passwords (OTP). The company holds client funds in a segregated account but runs a dealing desk that makes markets against clients, raising the potential for conflicts of interest. A large Australian operation is regulated through the Australian Securities and Investment Commission (ASIC).
Desktop
The broad variety of trading platforms noted in our 2020 review no longer holds true due to the removal of RoboX and Mirror Trader social trading programs and AvaTradeAct, their dedicated platform and Metatrader alternative. As a result, clients executing traditional technical or fundamental trading strategies now have little choice but to use Metatrader 4 and its aging feature set. It’s instructive to note that many EU competitors have added a Metatrader 5 option in the last year but AvaTrade has announced no plans to offer the more up-to-date platform.
Traders can take spot and options positions through AvaOptions, a dedicated but basic platform that provides plain vanilla and complex hedging with streaming put and call quotes for a subset of forex pairs, as well as a diverse set of strike prices and expiration dates. The two remaining social and copy trading platforms, ZuluTrade and DupliTrade, include most of the features offered by the discontinued programs.
Mobile
Metatrader and AvaOptions web versions provide integration with desktop platforms but AvaTradeAct for the web is no longer available. AvaTradeGO, released in November 2020, now offers an Android and iOS alternative to the plain vanilla Metatrader 4 Mobile.
The rebranded and updated MT4-based app includes enhanced social trading capacity but a limited feature set that’s generated dozens of complaints on Google Play. The app is also geared toward newer and less skilled traders, providing “step-by-step guidance on opening trades” and a feedback system that experienced traders aren’t likely to use.
Research
AvaTrade provides an economic calendar and limited research through sharptrader.com. A brief (2 to 4-minutes) daily Trader’s TV video (via YouTube) comprises the core of research materials, with the script then transcribed as a Daily Market Review.
AutoChartist intra-day updates list short-term technical signals while a fundamental analysis section included a few links to daily reports but just four other stale, dated articles. A more current feature article section lists six broad brush reports on topics that included tariffs, Brexit, and Bitcoin.
Education
Trading courses and other educational materials are offered through sharptrader.com as well. Well-organized tutorials are segmented into beginner, intermediate, and advanced topics, offering logical paths to skill building. A broad variety of general articles covered all sorts of market topics as well as tutorials on trading platforms.
Materials were segmented into five major sub-topics, allowing clients to find answers quickly and efficiently. A buggy search function detracted from the learning experience, failing to include many articles and topics. And inexplicably, the main broker site includes an education sub-menu and a variety of useful materials not integrated into the dedicated site.
Special Features
The broker now provides a pathway to a professional designation that permits much higher leverage under new ESMA rules. However, few retail customers will qualify for those benefits, which require financial industry experience and a large trading account. They also offer fixed and floating spread accounts as well as an Islamic account that will incur wider spreads.
Customers can access third-party platforms for copy and social trading while the AutoChartist plug-in for Metatrader adds technical functionality. This option requires at least $500 in the account, locking out very small traders.
Investment Products
The list of forex, CFD and options trading instruments is impressive while the addition of 8 cryptocurrencies provides new opportunities for high-risk speculators. CFDs include a basic selection of commodities and bonds as well as 69 shares and 5 ETFs, dominated by highly liquid US big tech stocks. UK and Ireland traders can open spread betting accounts as well, rounding out a full-featured investment product catalog.
Commissions and Fees
The broker touts no commission trading and ultra-low spreads but that may be inaccurate, depending on account type. A single page lists spreads for all tradable instruments as well as overnight interest calculations, maturity rollover fees, and inactivity fees.
Retail traders are charged higher spreads than professional traders but few clients will obtain that designation. The marketing page only lists fixed spreads, with no documentation on floating spread minimums or averages. That information was buried within the FAQ, adding confusion about account types and relative costs. No documentation was provided on actual spreads for Islamic accounts.
A legal document review found some discrepancies on spread and fee disclosures that included hidden withdrawal fees and a provision to charge commissions on some account types, although those types were not disclosed. These omissions could be remedied with more detailed information about account types, especially fixed vs floating, as well as side-by-side account comparisons.
It takes just $100 to open an account and AvaTrade offers no volume discounts or guaranteed stop losses. They charge a $50 fee after three months of account inactivity and a $100 administration fee after one year of inactivity. As mentioned, no withdrawal or closure fees are listed in the marketing materials but the legal documents noted fees for bank transfers and credit card transactions. Withdrawal processing can be unusually slow, requiring as long as 10 business days to receive wire transfers.
Customer Support
A comprehensive FAQ will address most inquiries. The broker offers 24/5 chat/phone support as well as social media portals and an online form entry. Connecting with chat may be cumbersome, with three requests at different times of day answered by a live representative within 8 minutes.
The broker maintains international offices, allowing customers local contact when needed. They provide an international phone number as well as a laundry list of local phone numbers covering their numerous jurisdictions and EU member states.
What You Need to Know
AvaTrade offers average-to-competitive spreads, depending on account type, and excellent educational resources. Along with low account minimums, they’re a sound choice for new and undercapitalized traders seeking to build limited skill sets. However, large-scale and professional traders are likely to find better value elsewhere due to the lack of volume discounts, high-end trading platforms, and comprehensive news and research.
Compare Avatrade
Investors seeking a wide variety of forex, CFD, and cryptocurrency offerings may find what they are looking for with Avatrade. See how they compare against other online brokers we reviewed.
Methodology
Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. Our reviews are the result of six months of evaluating all aspects of an online broker’s platform, including the user experience, the quality of trade executions, the products available on their platforms, costs and fees, security, the mobile experience and customer service. We established a rating scale based on our criteria, collecting over 3,000 data points that we weighed into our star scoring system.
In addition, every broker we surveyed was required to fill out a 320-point survey about all aspects of their platform that we used in our testing. Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices.
Our team of industry experts, led by Theresa W. Carey, conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels. Click here to read our full methodology.
AvaTrade Review
AvaTrade
Leverage: 1:30 | 1:400
Regulation: Bank of Ireland, ASIC, JFSA, FSCA
Min. Deposit: 100 US$
HQ: Dublin, Ireland
Platforms: MT4, AvatradeGo
Found in: 2006
AvaTrade Licenses
- AvaTrade EU Ltd – authorized by Central Bank of Ireland registration no. C53877
- Ava Capital Markets Australia Pty Ltd – authorized by ASIC (Australia) registration no. 406684; regulated by the South African Financial Sector Conduct Authority FSCA No.45984
- AvaTrade Japan K.K. – authorized by FSA (Japan) registration no. 1662 and the FFAJ no. 1574
- Ava Trade Middle East Ltd – authorized by FRSA (Abu Dhabi Global Markets (ADGM)) registration No.190018
- AVATrade Ltd – authorized by B.V.I Financial Services Commission
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What is AvaTrade?
AvaTrade is one of the leading, globally presented broker with over than 200,000 trusting clients worldwide. A regulated on 5 continents forex broker that providing customers with sophisticated trading solutions, regardless of user knowledge or experience, by bringing the possibility to enter the market trade through numerous, adaptable platforms, tools and options.
Ava also is a multi-national company, which headquarters in Dublin, Ireland but operating regional offices. These including entities in Paris, Dublin, Milan, Madrid, Tokyo, Beijing and Sydney, as well in South Africa, Chile, Mongolia, Nigeria and newly established UAE brokerage.
Pros | Cons |
• Heavily regulated broker with excellent reputation
• Forex and CFD Cryptos offered • Great trading tools • Fast digital account opening with Demo account • Wide range of deposits and withdrawal options • Quality customer support with live chat and fast response |
• Phone support not available 24/7
What Type of Broker is AvaTrade?AvaTrade is a broker that offers range from Forex pairs, CFD trading to Cryptocurrencies available to trade with no restrictions on short selling or scalping. Generally, AvaTrade is an STP and OTC broker that also uses high-technology for order executions, means quotes received from interbank and connected to the market itself. 10 Points Summary |
1. AvaTrade is global broker headquarters in Ireland and offices around Europe, Asia and more
2. Strongly established broker with numerous regulatory obligations including licenses from ASIC, FSCA, JFSA and Central Bank licenses 3. A great amount of assets to trade including Stocks, CFDs on Commodities, Forex, Bonds, Metals, Cryptocurrencies and Vanilla Options 4. Demo Account – Available 5. Minimum deposit – 100$ which you can deposit with credit card 6. Trading costs and spreads are low 7. Variety of platforms to choose from including MT4 and proprietary AvaTradeGO, along with social trading platforms 8. Trading tools are provided through trading academy and are on a very good level 9. Great education and learning center defined by the level of experience 10. Customer Support will accompany all your trading experience and available in multiple languages |
Awards
Within a few short years since its launch in 2006, AvaTrade has expanded enormously, while Ava global customers executing more than two million trades a month on over 250 instruments.
It’s not a wonder that Ava has earned numerous industry awards since over 10 years of successful activity, in addition to wide support programs launched by Ava. Apart from them, AvaTrade (previously known as Ava FX) was rewarded for its excellent service and the trading technology that confirm brokers’ strong and reputable position in the industry, which we will see why it is like that further in out AvaTrade Review.
Is AvaTrade safe or a scam?
As a multi-presented company, Ava follows strict rules of the Client Asset Regulations and procedures, which are obtained from the main parent company license issued by the Bank of Ireland and other regulations. In simple words its means the broker is constantly overseen and its trading solutions are aligned to safety measures or controlled at any stage.
Pros | Cons |
• Heavily regulated international broker
• Cross border licenses and global coverage • Negative Balance Protection applied |
• Not listed on Stock Exchange |
Is AvaTrade legit?
Yes, AvaTrade is a fully legit and regulated broker in each jurisdiction, as hold necessary licenses and regulatory obligations apart from its main establishment standards regulated by Ireland. This information you may check from the official AvaTrade website, as well as through the authority website. Also, you may find the links of the licenses provided in AvaTrade Review and definitely should always verify for its true state.
Is AvaTrade regulated and by whom?
There are numerous entities Ava respectfully established apart from being regulated by the Central Bank of Ireland. Which also includes authorization from the world famous regulatory bodies ASIC (Australia), FSP (South Africa), FSA (Japan), Abu Dhabi authority, ESMA in European Union, British Virgin Islands and more.
Therefore, AvaTrade is heavily regulated and obliges with internationally recognized laws that keep brokers’ reliability at a certain level of trust and considered to be a safe broker to trade with.
How are you protected?
The set of regulation requirements enables protection to the clients and including – funds segregation, means all client funds are held separately from the firm funds with international banks under encryption. Security of the traders accounts with Investor Protection amount and Compensation Schemes in case the broker goes bankrupt, which is slightly different in each jurisdiction.
As well as fully audited trading procedures that are strictly checked by the authority on a daily basis in addition to negative balance protection.
Leverage
Leverage is a quite known instrument, which obviously increases the initial capital you trading with and can be a very useful tool to magnify your potential gains, but in case you use it smartly. However, always note that higher leverage can work in reverse too.
Risk Level
The risk level is defined by several factors, and of course, leverage dramatically increases your risks to lose money as well.
AvaTrade as a regulated broker complies to slightly different trading conditions or regulatory obligations according to the set of rules established by the particular authority. This means that European traders or those clients that are registered with AvaTrade European entity will fall under ESMA regulation that recently limited Leverage.
- European traders leverage is maximum 1:30
- International traders or Australian clients can still use leverage until 1:400
Accounts
Another important note in AvaTrade Review which applicable, once we are sure broker is a reliable one, is to define what account types are available. Also, further we will see the full details on trading costs, platforms and other data that will follow.
Pros | Cons |
• Fast digital account opening
• Single Account with VIP club option • Demo Account and Live Account • Islamic Accounts |
None |
Do all countries accept AvaTrade?
There are numerous countries around the world the resident of which may open an account with AvaTrade. However, there are some restrictions applied, mainly due to regulation in a particular country and specified laws in the country or another. These restricted countries include the US, Iran, Israel and a few more, but generally, Ava accepts almost all countries.
Types of Accounts
AvaTrade does not diversify clients by the choice of account types but offers a single Standard account, just further, defining specified conditions for Corporate account or Islamic Account. Also you may open Demo account at the beginning to test brokers’ environment.
Accounts Swap free available for traders following Muslim belief or the ones who wish to trade markets according to Sharia principles, which is definitely a great option for world traders.
In addition, if you’re a professional trader with relevant experience and proof of that, you may be entitled to a Professional account where additional benefits are offered.
But first of all, you should proceed with the account opening and these are the steps to do so.
A Step by Step guide on how to open an account
2. Enter the required personal data (Name, email, etc.)
3. Verify your personal data. The broker may ask a residential proof, utility bill, etc.
4. Complete the electronic quiz to confirm your selection of an account and your experience
5. If applicable request Islamic account opening
6. Once your account is activated and proved, follow with the money deposit. See further paragraphs in our Review on how to do it.
Trading Instruments
So what you can trade in AvaTrade? Markets presented at Ava offering you over 250 instruments ranging from FX pairs to Vanilla options, CFDs on Commodities, Stocks, Indices, ETFs, Bonds and Cryptocurrencies.
Does AvaTrade have Nasdaq?
So yes, AvaTrade has Nasdaq in its trading list as well, eventually Ava offers truly great range so you will surely find a suitable portfolio for yourself.
AvaTrade Cryptocurrencies
AvaTrade offering to work on the pairs with Bitcoin trading, Ethereum, Ripple, Dash, Litecoin, Monero, NEO, IOTA, Zcash, Qtum and more. Cryptocurrency trade supported by both MT4 Platform or AvaTradeGO, and can be used with quite competitive spreads, no commission charges, leverage up to 20:1 and ability to start trading with as little as $100.
AvaTrade Fees
All trading transactions performed on AvaTrade platforms are subject to the trading charges that are consisting of Spreads and Overnight fees.
Generally, AvaTrade spreads are average fees or even low spreads comparing to similar proposals and broker’s competitors. Also, while selecting the broker you should check not only spread but also consider non-trading fees, withdrawal fee or other charges which applicable so that you will see the full picture.
Pros | Cons | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
• Average trading fees
• 0$ Withdrawal fee |
• Inactivity fee – 50$
• Administration fee for non-use account Here is snapshot of AvaTrade feesAlso, see below the comparison table with a typical AvaTrade Spread and compare brokers to other CFD Brokers with CFD fees, commission or inactivity fee if applicable. However, always note fees are presented as an indication only and may widen to volatile conditions, especially Cryptocurrency spreads that depend on current market conditions. Trading Fees of AvaTrade vs Similar Brokers
Trading feesHowever, total fees are always defined by several points, which are consistent with the CFD spread as the main fee, commissions if applicable, conversion fees while you hold account in different base currency. And lastly inactivity or non trading fee. AvaTrade charges no commissions, as all fees are built into a spread, alike typical USD EUR 1.3 pips which is a difference between bid and ask price. CFD FeesCFD trading at AvaTrade gives you the opportunity to trade Commodities, Bonds, ETFs, Indices and Stocks. Generally, AvaTrade CFD fees are average level, yet Index CFD offered at a very competitive level as example Europe 50 CFD is 0.6$. Forex FeesForex fees are remaining also at the average level, while major currency pair offer pleasant cost wise, along with over great opportunities to invest AvaTrade offers. Also, Forex and CFD assets spread might be calculated in a slightly different way, since spreads may vary according to country rules, yet all remain clear and transparent with AvaTrade. Also, always consider Overnight fee or interest rate is a fee which should be paid in case the trading position is opened longer than a day, or overnight. In this case, you should calculate a small percentage that will be added above, yet, also subject to change on a particular instrument, hence may cause you even to gain on rollover. How to use the AvaTrade Forex calculatorSo in order to manage your risk or not let you confused about charges, while trading you may also use great tool AvaTrade provide. Which is Forex Calculator that allows to consider and see all costs, losses or profits. Here are the steps on how to use Calculator.
Non trading feesLastly, there is an inactivity fee that is charged if you didn’t show any activity or open trades for a period of 3 month. In this case you will be charged 50$ per quarter. Moreover, the broker sets a fee for administration of 100$ in case you didn’t use the account for 12 consecutive months, so you better keep an eye over your account. Deposits and WithdrawalsBeing able to access your funds, fund your account with an initial deposit through a bank account with no complication is another core of the options trading. And while choosing a broker you should consider that point too, so here there are also good options offered by AvaTrade.
Trading PlatformsAvaTrade offering a truly wide selection of platforms and tools, it is not an overstate that each client will find his suitable way. So let us take a closer look at a range of AvaTrade platforms while all of them available through Web, Desktop or Mobile Apps tailored to iOS or Android devices. Scores & Availability of different platforms
• A choice between Web, Mobile and Desktop • MetaTrader4 and MetaTrader5 offered • Specialized software for social, automated and algorithmic trading included into proposal • AvaOption for Options trading • Web and Mobile App AvatrageGO for iOS and Android • Easy to navigate and simple to use software • Support of different languages |
None
Web Trading PlatformAs part of its commitment to empower traders, Ava caters to every type or level while each of its platforms provides an option to trade manually or automatically on a variety of financial instruments. Also, UK clients may request spread betting opportunities. WebTrader as a innovative platform is a great option for beginning traders, as it features an intuitive interface and great design simple to use or understand. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||
• Proprietary Web trading platform
• User friendly design and login • Price alerts and push notifications • Supporting many languages |
• WebTrader is more suitable for beginners |
Languages available on the Web Trading platform
It is also very important to use the platform through your native language, therefore AvaTrade supports truly numerous languages, so you may select your best preferences. Available languages including but not limited to
Look and Feel
AvaTrade platform either web one or its additional software MT4 or MT5 features clear look and simple navigation. So whether you’re beginning or professional you will be happy to see intuitive design yet with powerful capabilities of tools. Also, you may choose the most suitable software according to your need either from WebTrader, AvaTradeGo app, Mac Trading or AvaOption platform.
Which was developed by Ava and allows you to enjoy another level of Options trading or FX with calls and puts, use of embedded tools and overall easy trading experience.
Login and Security
Accessing your account either through MT4 or MT5, along with other Ava platforms is a quite simple process. If you login through Web version you simply need to follow steps of security login.
In case you use AvaMetaTrader you need to install the desktop program then click on File-> Login to Trading Account, while typing your credits so then you’ll enjoy trading instantly.
Search Functions
One of the good features at the Ava platform is its search function, offering you easy navigation between the instruments or products you wish to trade. So by simple search line you will find the desired instrument through an advanced search between assets or options through a use of symbols.
Order Types
AvaMetaTrader or other platforms allows you to set specialized order types in order to manage risks, or set, adjust and manage profits or losses at any time. You may set either Trade Market or Pending order also specifying Stop Loss, Take Profit, Trailing stop and select desired type of executions. Also you may always modify your order through Order Modification Window. Eventually, you should stick to your strategy strongly and always set risk management tools for your successful trading experience.
Also note, AvaTrade does allow the holding of both Sell and Buy position known as hedging strategy.
Alerts and notifications
Platforms also powered with advanced technical indicators, charts and real-time price alerts with notifications which you may receive to your email. Thes
Desktop Trading Platform
It is still an option to use at AvaTrade desktop Platform which is an industry leading software very common, very powerful, yet allows flexible trading with a full capacity of auto or robot trading. You also can switch to MT4 Variable Spreads that offering the trade with lower spreads, starting at 0.9 pips and derived directly from the market liquidity, or to choose the fixed spread.
• Suitable for professional traders or beginnersc
• Many languages supported
Automated Trading
And the last but not the least, the AvaTrade Automated Trading capabilities, a very useful and promising tool especially for beginning traders. So Avar brought a variety of auto-trading software that enables copy or mirror the experienced strategy of successful traders.
AvaTrade offers few platforms to access auto trading which includes: DupliTrade is another successful social platform available for your opportunity, which suited for MT4 floating spreads and automatically copies the trades.
You still may also use ZuluTrade – one of the most popular auto trading software, and MQL5 – designed for MT4 terminal and enhancing signals service to auto-trade.
Mobile Trading Platform
Mobile app which AvaTrade absolutely proud of is AvaTradeGO, which is simple to use and offers a wide circle of tools at the same time. The App features a friendly dashboard with advanced tools and step-by-step guidance for trades opening, activity feedback and support.
As well, the platform allowing management of multiple MT4 accounts or switch between demo, real and variable spreads accounts.
• Customer friendly and easy to navigate
• Price alerts with notifications right at your mobile
• Many languages supported
Customer Service
So getting to AvaTrade customer support it provides 24-hour live support available through live chat, email, phone support in 15 languages. Eventually, AvaTrade offers some of the greatest quality support with fast and reliable answers and a huge range of free of charge lines all around the world.
Pros | Cons | ||||||||
• Quality customer support with live chat
• Fast response |
• Phone support not available 24/7
EducationIn addition to its some of the good quality trading offering among industry, all clients can enjoy absolutely stunning education resources. As Ava states that inspiring and expanding horizons of traders is the main part of everyday trading life.
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