AvaTrade is an international Forex broker, that is part of the Ava Group of companies. They are one of the oldest CFD brokers, founded in 2006, with offices worldwide.
Their United Kingdom phone number is; +441733592168, Australia +61731713530, and +1 212 941 9609 for the rest of the world. Contact email address is: [email protected]. Official website is: AvaTrade.com.
Our review of this broker shows that clients of AvaTrade can use the proprietary WebTrader platform, MT5, MetaTrader 4, AvaOptions or AvaTradeGo. Spreads on major forex pairs now start as low as 0.9. Their list of available assets for trading at AvaTrade includes over 200 Forex pairs, Commodities (oil, gold silver), Indices (majors and minors) and stocks. Of course you will find Crypto Currencies like; Bitcoin, Ethereum, Dash and XRP.
In May 2020, Ava Trade introduces Oil Futures Trading. With oil futures contracts, investors can trade 3, 4 and even 8 months out on the Crude Oil contracts offered on their platform.
Investors should always read the terms of broker bonuses, as we receive many complaints from traders that accepted a bonus and did not understand the trading requirements associated with the bonus. You can read about broker complaints look here.
Minimum deposit for a new trading account is only $100, and the margin rates vary depending on your country. Open your free account today, click here.
Automated Forex Trading
One of the most popular aspects of this broker is the wide selection of automated trading solutions they offer. They offer a new trading app called AvaSocial, and they are integrated with external signal providers like DupliTrade, MQL5 Signals and ZuluTrade, look here.
ZuluTrade is a nice software for those trades seeking automated Forex trading by mirroring / copying the trades of other traders. (We caution you, that using automated trading software is extremely dangerous, and can result in the loss of your entire trading account.)
Is AvaTrade a Regulated Broker?
AvaTrade is licensed by various financial regulators depending on your country of residence. Using a regulated broker means you have a place to turn too when you have a complaint.
- AVA Trade EU Ltd is regulated by the Central Bank of Ireland, #C53877, which covers the entire European Union.
- Ava Capital Markets Australia Pty Ltd is licensed by ASIC in Australia #406684.
- Ava Trade Japan K.K. is licensed by the FSA Japan #1662 & the Japan FFA #1574.
- Friedberg Direct is a member of the “IIROC”, Investment Industry Regulatory Organisation of Canada.
- Ava Capital Markets Pty Ltd is licensed in South Africa by the FSCA with FSP license 45984.
With the recent volatility in the Forex markets, traders are now very much aware of the importance of only trading with a licensed and regulated Forex broker.
*72% of retail investor accounts lose money when trading CFDs with this provider.
Compare Regulated Brokers
There are many Forex brokers to compare and choose from online. You can find reviews of other licensed forex brokers listed here.
Try a Free Demo Account, on their awesome trading platform, signup here.
Current clients of AvaTrade are asked to share their experience with this broker in the comments below.