AvaTrade.com Review
AvaTrade is a huge online trading group founded in 2006 that maintains its headquarters in Ireland. AvaTrade is a Market Maker offering CFD trading (Commodities, Forex, Stocks, and Indices). Overall, AvaTrade is a good choice only for beginners as their expensive trading spreads and slippage are not suitable for advanced traders.
◙ AvaTrade Review Summary
Ava is a Market Maker Forex broker offering many trading assets and many trading options.
AVATRADE.COM BASIC FACTS & NOTES |
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MARKET MAKER FOREX BROKER |
AvaTrade.com TRADING INFO |
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AvaTrade Assets |
AvaTrade offers 48 Forex Currency pairs, CFDs, Commodity Trading, Stocks & Indices | Many Trading assets are available at AvaTrade while trading Forex does not involve trading commissions |
AvaTrade Spread / Trading Commissions |
■ No Trading Commissions by AvaTrade ■ EURUSD spread is 2 pip ■ GBPUSD spread is 3 pip ■ USDJPY spread is 2 pip |
Ava offers expensive spreads compared to other Market Makers. Traders seeking lower spreads should better choose ECN trading. Trading commissions are not charged by AvaTrade |
AvaTrade Leverage |
AvaTrade offers Leverage up to 1:30 | |
Lot Size |
The minimum lot size is 0.01 | It is good for Forex beginners |
Scalping / Hedging |
Scalping is not allowed by AvaTrade, -N0- Hedging is allowed by AvaTrade, -YES- |
Ava strictly forbids scalping |
AvaTrade Platforms |
AvaTrade offers: MetaTrader4, Ava Trader, Mirror Trader | Wide variety of Trading Platforms and Expert Advisors |
Typical Slippage (EURUSD) |
The average slippage on EURUSD is 1.9 pips | High slippage on order execution, that makes AvaTrade not the right choice for intraday traders |
Automated Trading |
Yes, AvaTrade offers signals using Mirror Trader Automated Trading is not provided, -No- |
The MirrorTrader is a widely used signal platform while other signal providers include ZuluTrade and Currensee |
Mobile Trading |
AvaTrade offers mobile applications for all devices. |
Application for all popular mobile platforms |
| The Company |
AvaTrade.com COMPANY INFO |
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AvaTrade Foundation |
AvaTrade was founded in 2006 | Ava belongs to a huge financial group of companies with a market value of about $17 billion. |
AvaTrade Headquarters |
AvaTrade headquarters are in Ireland | Other offices all over the world. |
AvaTrade Regulation |
AvaTrade is regulated by ASIC (Australia) FSA Japan and CBI (Ireland) | Both ASIC and CBI are considered reliable regulatory bodies. |
| AvaTrade Accounts |
AvaTrade.com ACCOUNT INFO |
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AvaTrade Account Currencies |
EURO | USD | JPY | Accounts at Ava may be held in all popular currencies. |
AvaTrade Deposit Money |
BANK WIRE | CARDS | INTERNET WALLETS | Many available deposit methods and PayPal too. |
AvaTrade Withdraw Money |
BANK WIRE | CARDS | INTERNET WALLETS | The same methods except for Skrill |
US Residents |
No, AvaTrade forbids US Residents -No- |
US Traders are not accepted. |
AvaTrade Minimum Deposit |
The minimum Deposit at AvaTrade is 100 USD |
Very low minimum deposit amount. |
» Visit the AvaTrade Website
■ AvaTrade.com
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