Avatrade Review 2022

An affiliate of the AVA Group of companies, AvaTrade is a leading international forex broker with a global presence. In 2006, AvaTrade became one of the first online brokerage firms, making it one of the oldest in the industry. Our investigation includes information on the trading platforms, mobile application, deposit methods, and MT4 integration. Also included in this comparison are trading costs, spreads, and leverage. If you want to trade anything from Bitcoin to vanilla options, you should look into Avatrade.

The company now has offices in Japan, Australia, Ireland, and the British Virgin Islands, in addition to its headquarters in the United States. AvaTrade is one of the largest and most reputable online brokerages in the world, and it accepts clients from a diverse range of countries and currencies, including the United States.

In addition, the company recently announced a significant partnership with English Premier League champions Manchester City, which serves to highlight the brand's expansion and increased visibility.

• Regulation and Reputation
• Types of Trading Platforms Available
• Trading Accounts Offered
• Customer Support
• Deposits and Withdrawal
• AvaTrade Day Trading Tools

Regulation and Reputation

Finding a forex broker that is regulated by an established regulatory agency is critical, as regulatory compliance ensures a company's dependability and expertise in the field. The fact that AvaTrade is regulated by multiple authorities around the world demonstrates that it is an unquestionably trustworthy company.

• In Europe, the broker is regulated by the Central Bank of Ireland, which issues license number C53877 to operate.
• The broker's Australian Securities and Investments Commission (ASIC) license number is 406684.
• In Japan, the broker is licensed by the Financial Services Agency (FSA) under license number 1662 and the Financial Services Agency (FFA) under license number 1574.
• In South Africa, the broker holds a license from the Financial Services Board (FSB) with the license number 45984.

The fact that AvaTrade is among the most reputable and trustworthy online brokerages in the industry means that you can trade with complete confidence. The company has received numerous awards, including those for "Best Customer Support," "Best Alert System," "Best Financial Derivative Trading Provider," and "Best Forex Broker YEAR," among others.

The company has now expanded into the Canadian market as a result of its partnership with Friedberg Direct. Incorporated in 1995, Friedberg Mercantile Group Ltd. is a member of the Canadian Investor Protection Fund (CIPF), the Investment Industry Regulatory Organization of Canada (IIROC), and the majority of Canadian stock exchanges. Friedberg Direct is a division of Friedberg Mercantile Group Ltd. Its headquarters are located at 181 Bay Street, Suite 250, Toronto, Ontario M5J 2J3, Canada. Friedberg Mercantile Group Ltd. is a privately held company.

Types of Trading Platforms Available

Another one of AvaTrade's most impressive features is the large number of trading platforms that it offers. This site truly has something to offer everyone, whether you are a novice trader or an experienced trader of any level. AvaTrade provides the following platforms for its customers:

• MetaTrader 4 platform
• MetaTrader 5 platform
• Meta Trader for Macintosh
• Meta Trader trading on mobile devices
• Meta Trader for web trading
• The AvaTradeAct platform (Proprietary Platform)

AvaTrade also provides a variety of automated trading software to meet the needs of every trader, in addition to these platforms and trading software. The following are some illustrations:

• RoboX is an acronym for Robotics X.
• Mirror Trade is a term used to describe a trade in mirrors.
• Signal Service MQL5 (Modular Signaling Language).
• Trading API (Application Programming Interface).
• Duplitrade is a trading platform that allows you to trade multiple products at the same time.

Trading Accounts Offered

AvaTrade keeps things simple for traders by offering only two different types of accounts to choose from. There are two types of accounts: A standard account and a demo account. Standard accounts can be opened with as little as $100 in credit card funds or $500 in wire transfer funds, depending on the provider.

Additionally, Muslim traders have access to "swap-free accounts," which adhere to the Islamic Sharia principle of interest-free trading and are available in addition to the two standard accounts.

Professional traders can also open MAM accounts, which allow them to manage multiple client accounts more efficiently. There are several characteristics of these types of accounts, including the following:

• The ability to create a number of different sub-trading groups.
• MT4 order types such as stops, limits, and closes are all available for use.
• Easily integrated into the Expert Advisors environment (EAs).
• A minimum lot size of 0.01 lots is required.
• There are a plethora of allocation parameters.
• Order placements for an unlimited number of different customer accounts.
• Trade order placements made through a master account.

Customer Support

With excellent customer support in multiple languages, AvaTrade is a great choice. Live chat, email, a FAQ page, social media, fax, and telephone are all available as options. The company provides telephone support in a number of different languages and countries around the world, including 21 countries in Europe, 2 in Africa, 6 in Asia, 4 in South America, 2 in the Middle East, and Australia. Telephone support is available in a number of different languages and countries around the world.

Our local customer service representatives are courteous and knowledgeable in their assistance. For example, a recent partnership in Canada provides customers with access to Friedberg Direct customer service representatives in their local area.

Deposits and Withdrawal

AvaTrade offers a number of different deposit options to its customers. Customers can fund their accounts using a variety of payment methods, including credit cards (VISA, MasterCard and debit), bank wire transfers, and a variety of e-Wallets, such as PayPal, Skrill, NETELLER, and WebMoney, among others. The initial deposit required to open an account is $100, which is the bare minimum.

In order to withdraw their funds, traders must use the same methods as they used to deposit them. Withdrawal requests will be processed within five business days, at the earliest. Withdrawals will be processed as soon as the methods permit after they have been processed. The Ava Debit Mastercard, which traders can apply for after registering for an account, is the fastest withdrawal method available.

AvaTrade Day Trading Tools

1. Education: AvaTrade is home to an outstanding education center. You'll find videos, eBooks, tutorials, glossaries, and much more in this section! Their website has a whole section dedicated to educating their traders, which is quite useful. Additionally, day traders will find the entire website to be extremely useful and informative.
2. Trading Tools: AvaTrade provides an extensive set of tools for day traders. In particular, their automated trading software bundles are excellent for day trading, and this is one of their most impressive features.
3. Range of assets: A broad range of assets is available for traders to choose from, making this brokerage an excellent choice for both novice and experienced day traders.