Avatrade is a forex broker that has a lot to offer traders. They provide a great selection of trading platforms, excellent research tools, and educational content. They also have a user-friendly search function and are available around the clock.
AvaTrade has several security protocols in place to protect client data. These include 256-bit SSL encryption and McAfee Secure. They also segregate client assets and offer negative balance protection.
Platforms
Traders can choose from the firm’s suite of trading platforms, including WebTrader and MT4. The platform offers competitive spreads, multiple tradable assets, premium customer service, restriction-free scalping, and short selling. Traders also get access to daily market analysis research tools and educational resources.
The platform also features a 21-day demo account with 100,000 demo currency credits. Users can upgrade to an objective statement with the click of a button. In addition, the site offers Avaprotect, which covers trades for a certain amount of time.
Avatrade offers a variety of trading tools and educational resources for new traders. The site has a wealth of third-party research material and in-house content from its staff writers. This includes Market Buzz, an economic calendar, and views from top analysts. The site also has an extensive library of articles for more advanced traders. In addition, it offers a comprehensive education center and live price feeds. Traders can use this information to improve their performance and increase profitability.
Trading conditions
AVATrade is a well-established Forex and CFD broker that offers a wide range of trading instruments. It is regulated in multiple jurisdictions and provides traders with competitive trading conditions. Its website is easy to navigate and includes a detailed listing of fees and spreads. However, it does not offer volume discounts or high-end platforms for large-scale or professional traders.
Traders can trade various assets with AvaTrade, including CFDs and cryptocurrencies. The brokerage has a competitive fee structure and is working to reduce its spreads further. Spreads are based on the bid-ask spread for currency pairs, with EUR/USD quoting at 0.9 pips, GBP/USD at 1.1, and NZD/USD at 1.8 pips. In addition, the broker charges interest on positions held overnight. Traders should be aware of this before opening an account.
Minimum deposit
Traders can fund their accounts with credit cards, wire transfers, e-payment systems, and cryptocurrencies. These deposits are instantly credited to the trader’s account, and there is no deposit fee. To verify a customer’s identity, AvaTrade requires a clear and color copy of a credit card or bank statement that shows the name on the card and the expiration date. In some cases, AvaTrade may also require a utility bill that verifies the account owner’s address.
As a regulated broker, Avatrade is required to keep client funds separate from its assets and must comply with strict international anti-money laundering regulations. As a result, if you see a transaction on your credit card statement that doesn’t belong to you, contact AvaTrade’s customer support department immediately and provide the necessary documentation. This will allow the company to resolve the issue quickly. You will then receive a full refund. If a third party issued the credit card you used, you must provide a utility bill proving your address.
