Overview of AvaTrade Forex Trading Broker

AvaTrade was founded in the year 2006 and with more than 1 decade of service in the industry, it is one of the most preferred brokers at the moment. Based on a data, it is found that over 2 million trades are being executed by the traders through the Forex trading platform of this Forex broker.

They offer a first class trading environment with great commitment level. It is the reason why we have decided to review the broker here and inform our readers about the features and services it has to offer to its traders.

Regulatory Information

AvaTrade has its headquarters in Dublin in Ireland and has been licensed and regulated by the Central Bank of Ireland. One important point about the broker to be noted is that it does not offer to trade customers from the USA because of certain laws and other regulations. Other than that person from other places are free to place trades with this merchant.

Its account managers are located in major parts of the world like for instance Sydney, Tokyo, Milan, France, Paris etc where you can contact the managers to share any of your trading related problems. The broker is licensed by Australian Securities and Investment Commission in Australia, in Japan by Financial Services Agency. It is also licensed by British Virgin Islands Financial Services Commission.

Trading Platforms

The software used by the broker for placing trades in the Forex trade is both propriety and industry standard. It is free to use and we list the different types of platforms currently provided by the merchant:

  • AvaTrade: It is the propriety platform which is tailor-made based on the requirements of the traders. It offers unique trade strategies and is available for both iOS and Android-based operating systems.
  • MetaTrader4: It is the world’s most used and utilised platform accessed by hundreds of thousands of traders. If you have traded in Forex previously and aware of this particular platform, you are suggested to utilise the services of this particular platform without any second thoughts.
  • AVAOptions: Using this platform can help you trade in not only Forex but Binary Options as well. You can trade in both formats of the trading at a given time simultaneously with this platform.
  • Mac Trading Platform: It is ideal for those users who are using Mac based operating system or own iPhone/iPad etc. On the website of AvaTrade, you can find the step by step guide how to download the trading platform and use for placing trades online.
  • Web Browser Platform: This platform is designed for Windows users and is available round the clock either through day or night. It is compatible with all the popular web browsers like Firefox, Chrome etc. There is no need to download anything and you can access the platform just by going online.

Introduction to New Traders

Customer Support

Customer service is available for its traders 24/7 from Monday to Friday. It is closed for the weekend. It offers multi-language support in Chinese, French, Japanese, Italian, Spanish etc apart from English. You can contact the support team through email or directly talking them over the telephone.

Bonuses and New Customer Promotions

AvaTrade offers Welcome Bonus to all its newly registered traders. The bonus depends on the initial amount deposited in the trading account. As a trader, you can claim up to a maximum of $10,000 in the form of a bonus. For more information, you may access the official website of the broker.

Banking Options

You can fund your account through the different modes of payment offered by AvaTrade. The broker accepts all the popular credit card and debit card for making any kind of payment. It accepts deposits and withdrawals through eWallet services like Neteller, PayPal and Skrill. Apart from that, you may even opt for the electronic wire transfer to settle your funds. Lately, it has started accepting money using AvaTrade also.

For more banking and payment related information, we suggest you access the web page of the merchant where you can get details like payment time and other terms/conditions related to the payment. We should make you aware that the deposits are acknowledged immediately but the withdrawals take some time because it has to undergo a lot of security checks because of online phishing scams.

Why Trade Forex at AvaTrade?

There are many reasons that make AvaTrade one of the most preferred brokers in the Forex market at the present time.

You are going to have a pleasant experience once you start trading with this merchant. The best thing about this broker is that it is ideal for the newbie traders. If you have no prior experience in Forex trading and worried, then AvaTrade can help you glide through easily.

It offers numerous study material, online journal, free seminars and other trading strategies that help to impart the kind of information required while trading in Forex. Its website is packed with information and it has a dedicated FAQ section where you can find a list of commonly asked questions and their answers.

Also with AvaTrade by your side, you can expect peace of mind. The payment system of the broker is very expedited and transparent at the same time. At any point in time, if you need money, you can withdraw the same from your trading account promptly.

There are different withdrawal options available and you can select the one that suits you best. Also, the broker offers round the clock customer support all 5 days a week. The customer support team is very knowledgeable and friendly who help traders in settling their queries related to different aspects of trading online. If you have any question, you could either call them or send a mail. All your queries will be resolved in the least possible time with maximum satisfaction level.

So no matter if you are a newbie trader or an experienced one, AvaTrade can help cater the needs of all types of customers. Just start trading with AvaTrade and you will start to experience the difference!