AvaTrade Review: Everything You Need To Know

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AvaTrade is a leading CFD and forex broker founded in Dublin, Ireland, in 2006. Over the years, the company has grown and expanded its business in over 150 countries. It currently has more than 200,000 registered users with 2 million average monthly transactions.

AvaTrade is a trusted and reliable broker offering a wide range of social and Copy-trading services. The company is regulated by the ASIC (Australian Securities and Investment Commission), South African FSCA, and Japanese FSA.

They have four main offices around the world, located in Ireland, Japan, the British Virgin Islands, and Australia. If you are looking for a trusted broker, you could put your faith in AvaTrade. But before that, you should read our AvaTrade review for 2022.

Types of Trading Platforms

AvaTrade is known to offer multiple trading platforms to traders. They have something available for everyone. Whether you are a beginner or experienced trader, AvaTrade treats all its clients equally.

The different trading platforms available at AvaTrade are:

  • Meta Trader for Mac
  • Meta Trader for 4 platform
  • Meta Trader for mobile trading
  • Meta Trader for 5 platform
  • Meta Trader for web trading
  • The AvaTradect platform

Along with these trading platforms, the company also offers various automated trading solutions. This includes:

  • Mirror Trader
  • RoboX
  • Duplitrade
  • API Trading
  • MQL5 Signal Service

Trading Accounts Offered By AvaTrade

Instead of offering too many account types, they provide only two. This includes a demo account and a standard account. You can open a standard account at AvaTrade with just $100 using your credit card. In case, you don’t have a credit card, you will need to pay $500 via wire transfer.

AvaTrade also has swap-free accounts, which are specially meant for Muslim Traders. This account is different from the other two accounts as they operate based on the Islamic Sharia Principle.

Professional traders can set up MAM accounts and manage multiple accounts for their clients. These accounts are available with certain important features, which are:

  • Allows you to set up multiple sub trading groups
  • Ability to trade order placements from a master account
  • Can place order placements for unlimited accounts for clients
  • Compatible with Expert Advisors
  • Includes all MT4 order types

Deposit & Withdrawal

The company offers a variety of deposit options including credit cards, bank wire transfers, and e-wallets. The minimum deposit is $100.

You can use the same options to withdraw funds. But it takes up to 5 days for withdrawal requests to get processed. The fastest way to withdraw funds is to use the Ava debit MasterCard.

Advantages

  • Offers an array of trading instruments
  • 24/7 customer service and assists in 14 languages
  • Range of trading platforms available
  • Mobile trading available
  • Swap-free accounts for Muslim traders

Disadvantages

  • The website interface is not user-friendly
  • Trading terminals freeze occasionally

Final Words

Being one of the largest brokers in the world, AvaTrade is the best place to start your trading journey. They offer multiple trading platforms and accounts for the convenience of traders. To know more about their trading services, you should visit the official website.

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