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 located in: Canada, Japan, Australia, Ireland & British Virgin Islands.
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@example.com. Official website is: AvaTrade.com.
Our review of this broker shows that clients of AvaTrade can use the proprietary AvaTrader platform, MetaTrader 4, AvaOptions or their WebTrader. Mirror Trader is a nice software for those trades seeking automated Forex trading by mirroring / copying the trades of other traders.
Their list of available assets for trading at AvaTrade includes over 200 Forex pairs, Commodities (oil, gold silver), Indices (majors and minors) and stocks. They recently introduced Crypto currencies; Bitcoin, Ethereum, Dash and XRP. Traders 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.
They are still one of the few brokers offering leverage margin as high as 400:1, look here.
Automated Forex Trading
One of the most popular aspects of this broker is the wide selection of automated trading solutions they offer. They are integrated with a variety of service providers like DupliTrade, MQL5 Signals and ZuluTrade, look here.
(We caution you, that using automated trading software is extremely dangerous, and can result in the loss of your entire trading account.)
AvaTrade License & Regulation
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 FSB 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.
Compare AvaTrade Brokers
There are many Forex brokers to compare and choose from online. We have reviewed a few other high quality forex brokers here.
Current clients of AvaTrade are asked to share their experience with this broker in the comments below.