All support avenues are available 24-hours-a-day, 5 days-a-week. The hamburger menu allows access to account settings, personal preferences, and various trading tools like the trading calculator. The AvaTrade web trader’s dashboard welcomes traders with a shortcut menu on the left-hand side, offering tabs like trading, position management, open orders, and order history. AvaOption is AvaTrade’s mobile-exclusive options platform. Traders can execute, and manage FX and options trades on-the-go with 13 different options strategies available.
AvaTrade typically processes withdrawals within 1 to 2 business days after they are approved. However, the broker notes that processing and receiving your funds may take up to 10 business days. AvaTrade is regulated by several well-respected international regulatory bodies. All of the below bodies provide protection over clients’ funds by ensuring they are kept in separate bank accounts. Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score. The range of markets available at AvaTrade will depend on which trading platform you choose, and which of the brand’s global entities holds your account.
Yes, your money is as safe with AvaTrade as it would be with any online broker that is globally regulated in top-tier jurisdictions and authorized to hold its client’s funds. AvaTrade is trusted by over 400,000 customers with millions of dollars in deposits. There is always counterparty risk, which is why you should only choose brokers that are well-capitalized, in addition to being highly regulated. Withdrawals at AvaTrade take one to two business days, which is comparable to nearly every forex broker. The withdrawal time can also vary depending on your chosen withdrawal method.
Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. AvaTrade produces daily in-house research content in video and article format, and grants access to Trading Central research modules.
- An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
- I spoke to someone this morning I am new to your service but nothing new to trading, but getting familiar with things on this new platform.
- Its range of tradeable markets has nearly doubled year-over-year, and spreads for clients designated as Professional traders in the EU are quite competitive.
The minimum deposit at AvaTrade is generally 100 units of currency, depending on the denomination of your account balance. For example, a USD account will have a $100 minimum deposit whether you fund via wire or credit card. That said, AvaTrade recommends you start with one to two thousand of your preferred base currency, with the EUR, GBP, AUD all supported as available options, for traders looking for the full experience across its products. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Yes, based on your avatrade review detected country of NL, you can open an account with this broker. Our testing found AvaTrade to be great for copy trading, competitive for mobile, and generally in line with the industry average for pricing and research.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider.
A decent & fair broker
AvaTrade stands out for its rich selection of trading platform options, and for its educational content for beginners – categories where it finished Best in Class. Its range of tradeable markets has nearly doubled year-over-year, and spreads for clients designated as Professional traders in the EU are quite competitive. AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab a Best in Class rating for Beginners for 2023. AvaTrade offers two live trading accounts (retail and professional) and a demo account. AvaTrade customers have access to several customizable trading platforms.
AvaTrade was founded in Dublin, Ireland, in 2006 by Emanuel Kronitz and Negev Nosatzki. The firm began operations as forex trading firm Ava FX, but soon branched out into other asset classes. The Central Bank of Ireland is one of AvaTrade’s many regulators, and AvaTrade segregates all client money from its own business funds. AvaTrade is also WebTrust compliant, and follows best practices to secure client information in terms of cybersecurity. AvaTrade’s 48 educational videos cover a wide range of topics, and explore niche subjects like Donchian Channels (what they are, and how traders can use them). AvaTrade also uploads and archives video webinars on its YouTube and Vimeo channel, which help to round out its offering.
What is the minimum deposit at AvaTrade?
As its name indicates, AvaOptions is a platform specialised in Options Trading (Spot, Call, Put, and Combined) on 40 FX pairs. Being specialised, it allows many variants of Trading that other platforms don’t. Long story short, MT4 allows Traders a variety of functionalities to customise their trading experience.
Within 10 minutes of registering a new account, Alev Nazli (Account Manager) was straight on the phone talking me through all the initial aspects required to successfully open the account and start trading. She stayed beside me over the initial period to ensure everything was set up correctly and functioning. AvaTrade claims that the withdrawal process takes 1-2 working days (Mon to Fri). The arrival time of funds depends on the payment method used for your withdrawal. The fastest withdrawals are usually processed via credit and debit cards, or via e-wallets like Neteller and Skrill. Wire transfers may take the longest up to 10 days after processing.
See all AvaTrade’s Shares Spreads
While AvaTrade has made improvements in this category, its research offering can’t stack up against what the best forex brokers offer. Vincent was very helpful with my registration, it was so quick. I will now use the links he sent me to start learning how to trade. I have really enjoyed my experience with AvaTrade so far I would recommend it to my peers. Vincent has been very helpful making sure my account setup went smoothly and that I have access to all the information I need to be a successful trader.
XM Group – $50 No Deposit Bonus
We’ve only had two conversations but I quickly feel like I’m having a conversation with one of the boys and he is super helpful and informing. He wecomed me to Avatrade as I openned an account yesterday. The explanation was clear and I will definetly trade with Avatrade. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
It’s important that your account is up to date; even though you may have been verified upon opening your account, your broker may ask you to provide an updated proof of ID and proof of address to process your request if considerable time has passed. Before you can withdraw your money from AvaTrade, you need to ensure that your AvaTrade account and identity have been fully verified and confirmed by the AvaTrade team. After verification, the withdrawal process on Avatrade’s side takes 1-2 working days, although your funds may take longer to arrive due to banking policies. AvaTrade provides its traders with access to more than 50 forex pairs, including all the major currency pairs, minors and exotics.
Traders who fall below the AvaTrade margin requirements risk receiving a margin call and having their position closed prematurely. AvaTrade obtains spreads data from reputable third-party sources, which in turn obtain the data from exchange feeds. The website and platform are available in 24 different languages, including Dutch, English, Finnish, French, Italian, German, Korean, Spanish, Portuguese, Arabic, Russian, Chinese, Swedish, and Turkish.