Founded back in 2006, Dublin-based AvaTrade is a well-established and trusted online Forex trading broker. AvaTrade has offices across the globe, including the United States, France, Japan, South Africa, Australia, and more, making it one of the oldest globally recognized trading brokers out there.
Whether you’re just starting to get your feet wet with Forex trading or are a seasoned veteran, AvaTrade has the tools you need to succeed. Take a look at this AvaTrade review to learn more about what this company is, how it works, and what you need to do to get started.
What Is AvaTrade?
AvaTrade provides a secure and regulated online currency trading experience for its 200,000 users worldwide. With the help of the company’s diverse trading platforms, award-winning customer service, and both desktop and mobile support, virtually anyone can make sound trading decisions and ultimately get the most bang for their buck.
What Are the Benefits of Using AvaTrade?
Any time your investments are involved, you want to make sure you’re working with a reliable and trusted trading broker who is there when you need them. When you choose AvaTrade, you instantly get access to a team of friendly and helpful customer service representatives who are always available by phone, email, and live chat online during open market hours. Even better still, AvaTrade support is available in 14 different languages, so you’ll always get a clear, informative answer in your own language.
Another benefit of using AvaTrade for your Forex trading needs is that it offers a diverse set of both manual and automated trading platforms, so you can choose the options that make the most sense for you and your portfolio. AvaTrade also offers a large variety of CFD trading options, including cryptocurrency, commodity futures, and shares.
Finally, AvaTrade is there to help you. If you’re new to the world of Forex trading and would like to learn more, you can find a wealth of free training videos and FAQs about Forex, CFDs, and economic indicators.
How to Get Started with AvaTrade
If you’d like to get started trading with AvaTrade, the first step is to open an account. For this, you’ll have two options: start with a demo account, also known as “paper trading,” or open up a real account.
An Avatrade demo account gives you the opportunity to have a test run with AvaTrade’s features before deciding if you want to open a real account. To open a demo account:
- Click the green “Create an Account” button in the top right corner of AvaTrade’s homepage.
- Click the blue “Open Demo Account” button on the right side of the pop-up box.
- Enter your name and contact information, or link your account to Facebook or Google to get started.
If you like what you see so far and would like to open a real account, simply:
- Click the green “Create an Account” button at the top right corner of your screen.
- Choose the green “Open Real Account” button on the left side of the pop-up box.
- Enter your name and contact information, or link your account to Facebook or Google.
- You will need to make a minimum deposit of $250 USD to open a real account if using a credit card, or a minimum of $500 if using wire transfer.
AvaTrade Platforms and Fees
One of the biggest draws of AvaTrade is that it offers eight different trading platforms to choose from, all of which are also available on Android and iOS mobile devices. AvaTrade’s platform options are:
- MT4 Floating Spreads
- Automated trading
- MetaTrader 4
- Meta Trader Mac trading
- Meta Trader web trading
- Meta Trader mobile trading
Trading brokers like AvaTrade make money by slightly widening or increasing what’s known as a “spread.” This refers to the difference in price between the buy price and the sell price of your trade. Other than this slightly widened spread, AvaTrade does not charge a commission or any other hidden trading fees.
How Secure Is AvaTrade?
One of the most important factors when choosing an online trading broker is the safety and security of your transactions. When you go through AvaTrade, you don’t have to worry about unreliable brokers or unsecure trades. This online trading company has been around since 2006 and has built a solid reputation for its safety, reliability, and excellent customer support. AvaTrade has also earned multiple awards, such as the “Best Alert System,” “Best Customer Support,” and “Best Forex Broker 2016” awards.
The Bottom Line
Whether you’re new to Forex trading or already have an extensive portfolio, you can trade with confidence when you use AvaTrade. With its top-notch customer support team, user-focused tutorial videos, extensive platform options, and transparent fee system, AvaTrade remains one of the leading online trading companies.
Connect with AvaTrade on Pinterest for more Forex tips and strategies.