Avatrade is a highly reputable broker that offers to trade on various financial instruments. It is regulated in Australia, Europe, Japan, and the Middle East.
Avatrade has a variety of trading platforms and excellent customer support. They offer a range of support options, including phone, live chat, and email.
Customer Service
Avatrade is no slouch when it comes to customer service, and the company boasts a large number of knowledgeable employees who are happy to assist. The company is also well-stocked with the latest technology to help traders navigate the complex forex world. The broker’s website is well-designed and user-friendly, and a well-staffed call center provides round-the-clock assistance to new and existing clients. Avatrade also has a hefty list of banking options to choose from, including the ubiquitous debit and credit cards, as well as e-wallets such as Neteller and Skrill.
Platforms
Avatrade offers a variety of trading platforms. The web-based platform is easy to use and connects traders directly to the financial markets through an internet browser.
The desktop platform is also available for Mac users, and it features a wide selection of order types and charting options. However, it lacks some of the benefits of the web-based version. It does not allow two-step logins and price alerts.
Another great feature is its economic calendar, which covers a range of critical events and allows traders to track how these affect the market. Traders can also find trading ideas in the ‘Analysts View’ and a section known as ‘Market Buzz.’
Avatrade has been around since 2006, and they are regulated in five different countries, allowing them to maintain a safe environment for its clients’ funds. These include Ireland, the British Virgin Islands, Japan, Australia, and South Africa.
Minimum Deposit
Avatrade has a minimum deposit of $100 and offers various deposit options, including bank wire transfers. It also allows clients to fund their accounts using credit cards, debit cards, and e-wallets such as Skrill, Neteller, and Paypal.
Ava trade offers several trading accounts and a wide range of assets, including commodities, stocks, indices, bonds, and ETFs. It also has a good selection of forex pairs, vanilla options, and other specialty instruments.
The account opening process at avatrade is relatively easy and fast, with only a few documents required. Traders must provide proof of address (a bank statement or utility bill) and a copy of their ID card.
The minimum deposit requirement at avatrade is 100 USD, and there are no deposit fees. However, it is essential to consider the risks of trading and how much capital is needed for successful portfolio management or to generate sustainable profits.
Trading Fees
Avatrade offers forex, CFD, and cryptocurrency trading. They are regulated by three tier-1 jurisdictions and offer MetaTrader and other platforms.
They also have an extensive range of trading instruments and a wide selection of leverage. With a minimum deposit of $100, traders can choose from forex (starts from 30:1), indices (starts from 20:1), commodities (starts from 5:1), and ETFs (starts from 5:1).
In addition, avatrade clients’ funds are held in segregated accounts for better security. In a company’s financial crisis, this protection ensures that traders’ money won’t be lost. Additionally, European retail clients benefit from negative balance protection.