Regulated Forex Broker

Once personal details are verified, the account can be funded and used. Despite not being regulated by the UK’s FCA, AvaTrade has offices and is regulated within reputable countries (e.g. including Ireland and Australia).

  • We check the educational content provided by the broker, its quality and suitability for beginners and advanced traders.
  • It is still an option to use at AvaTrade desktop Platform which is an industry leading software very common, very powerful, yet allows flexible trading with a full capacity of auto or robot trading.
  • AvaTrade charges no commissions, as all fees are built into a spread, alike typical USD EUR 1.3 pips which is a difference between bid and ask price.
  • Here, you can receive up to $ – for an initial deposit $ – or the least amount of bonus of $50 for a deposit of $250.

These factors, calculated into our score, will help you understand if your money is safe. From our live testing, opening an account with AvaTrade was fast and very simple. There are different investor protections depending on which jurisdiction you open an account with but everything is laid out transparently on the broker’s website which is always good to see. Receive the most recent breaking news, case studies, research, offers, and product announcements from Devexperts. The time to take stock of our AvaTrade review arrives with a first summary table of the broker’s strengths and weaknesses.

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These including entities in Paris, Dublin, Milan, Madrid, Tokyo, Beijing and Sydney, as well in South Africa, Chile, Mongolia, Nigeria and newly established UAE brokerage. Creating an account is fast and fully digital, and accounts are usually ready for trading in a matter of minutes.

AvaTrade broker

Using the calendar, experienced traders can apply, plan, and execute trades by following economic events. Traders can use it for predicting which way the market will move to make wise and informed trades. To withdraw money from AvaTrade account, the trader should ensure that their account is confirmed and verified & this broker doesn’t charge a withdrawal fee. Identity verification is one of the main needs of the regulatory authorities, and the broker should strictly follow the KYC process. When the market goes down, your trade is protected and AvaTrade safe from any market fluctuations during that specific period. Simply put, the amount will be reimbursed by AvaTrade if the user’s accounts lose money at the end of the protected period directly to the trader’s account with AvaTrade.

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This should provide everything required for both new and experienced traders. A number of useful statistical analyses are also carried out through the mobile platform, charting the recent market movements in a clear and understandable way for new traders in particular. Furthermore, traders can easily access some of the Avatrade video educational content through the platform.

AvaTrade broker

This will appeal to social and copy traders who can get more involved in the sector or already possess an account. Avatrade offers mobile trading through its AvatradeGo application.