In this AvaTrade Review, we are going to take a look at the offer that this broker prepared for its traders. AvaTrade is regulated by the ASIC in Australia. AvaTrade operates on the financial market since 2006. When it comes to trading platforms, the broker features MetaTrader 5, AvaTradeGO, AvaOptions and WebTrader and MetaTrader 4. The AvaTrade minimum deposit is 100 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this AvaTrade Review
| Website address: | https://www.avatrade.com/ |
| Licensed and authorised by regulatory bodies: | ASIC FSCA ADGM |
| Supported languages: | English, German, Spanish, French, Italian, Portuguese and Dutch |
| Customer support available via: | |
| Available deposit methods: | Bank transfer, Debit and Credit Cards |
| Available withdrawal methods: | Most likely the same as the deposit methods |
| Minimum deposit: | 100 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 0,7 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex (60), commodities (10), cryptocurrencies (5) |
| Demo: |  |
| Mobile app: | |
| MetaTrader 4: | |
| Other trading platforms: | MetaTrader 5, AvaTradeGO, AvaOptions and WebTrader |
| Social trading: | |
AvaTrade Fees (typical spreads)
We have scanned fees (typical spreads) that AvaTrade charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 0,7* | * | * | * | * |
*Typical spreads were recorded on 17.05.2019 at 20:17 for the standard account. AvaTrade spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: CMCMarkets, PriorFX, NordFX and RoyalsFX
Frequently Asked Questions
🧐 Is AvaTrade a Scam?
AvaTrade is a broker licensed and regulated by the ASIC, FSCA and ADGM. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that AvaTrade is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the AvaTrade minimum deposit?
In order to start trading with AvaTrade, you have to deposit at least 100 USD (Trading accounts can also be held in USD,EUR,GBP, AUD).
📵 What deposit and withdrawal methods AvaTrade supports?
⚖️ Would you recommend me choosing AvaTrade?
We don’t have our own personal experience with AvaTrade. However, because the broker is regulated by the ASIC, FSCA and ADGM, there is a high chance that it is not a scam. With that being said, it still does not mean that AvaTrade is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (81% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 17.03.2023 at 11:42 GMT.
