AvaTrade is a leading international forex broker, and are part of the AVA Group of companies. Being founded in 2006, AvaTrade is one of the oldest online brokerages. Our review details the trading platforms, mobile app, deposit methods, and MT4 integration. We also compare trading costs, spreads and leverage. From Bitcoin to vanilla options, whatever you want to trade, see if Avatrade will suit you.To get more news about AvaTrade Demo Account, you can visit wikifx.com official website.
The company now has four offices around the world, located in Japan, Australia, Ireland, and the British Virgin Islands. As one of the largest and most respected online brokerages in the world, AvaTrade accepts clients from a huge range of regions, and accepts trading accounts in a variety of currencies.
The firm also recently announced a major partnership with English Premier League Champions Manchester City, underlining the brands growth and visibility.
Choosing a forex broker that is regulated by a reputable regulatory agency is of the utmost importance, for regulated status helps to ensure a company’s trustworthiness and competence. AvaTrade is most definitely a reputable firm, being regulated by several authorities from around the world.
AvaTrade is among the best online brokerages in the industry in terms of reputation and reliability, and you can trade with confidence. The company has won numerous awards for “Best Customer Support”, “Best Alert System”, “Best Financial Derivative Trading Provider”, and “Best Forex Broker YEAR”
The firm have also now opened up the market in Canada via a collaboration with Friedberg Direct. Friedberg Direct is a division of Friedberg Mercantile Group Ltd., a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF), and most Canadian Exchanges. Friedberg Mercantile Group Ltd. is headquartered at 181 Bay St., Suite 250, Toronto, ON M5J 2T3, Canada.AvaTrade keeps things simple with their accounts by offering only two account types to most traders. A standard account and a demo account. Standard accounts can be opened with as little as $100 using credit cards or with $500 via wire transfer.
In addition to the two standard accounts, Muslim traders are accommodated by offering ‘swap free accounts’ that operate in accordance to the Islamic Sharia Principle of interest free trading.AvaTrade also offers negative balance protection. This ensures that clients cannot lose more than their account balance. Should the market move against the client to the extent that the trader is put in a negative balance position, the brokerage will automatically refund the difference through a ‘negative balance adjustment’.
AvaTrade clients can also download the broker’s social and copy trading platform – AvaSocial. Available on iOS and Android devices, the mobile app lets clients replicate the trades of successful investors.
Users can opt to manually trade on market signals or to follow a fully automated service. 24/7 trading is available on forex, stock, crypto and commodities markets.
AvaSocial is also an excellent social trading platform. Users can interact with other traders via community channels and ask questions on specific strategies, find out more about crypto markets, or seek out a trading mentor. This makes it a great tool for beginners.
AvaTrade offers excellent customer support via several multilingual options. The options include live chat, email, FAQ page, social media, fax and through telephone.
Telephone support is offered in a number of languages and countries throughout the world, including 21 different countries throughout Europe, 2 countries in Africa, 6 countries across Asia, 4 countries across South America, 2 countries in the Middle East and Australia.
The support offered is prompt and informative from local customer support representatives. The recent partnership in Canada for example, gives customers access to customer services of locally based Friedberg Direct.
Deposits – AvaTrade offers their clients a variety of deposit options. Traders may fund their accounts with credit cards (VISA, MasterCard, debit), Bank Wire Transfers, and numerous forms of E-Wallets such as Paypal, Skrill, NETELLER and WebMoney.
The minimum initial deposit for opening up an account is only $100.Withdrawals – Traders can withdraw their funds via the same methods used for deposits. Withdrawal requests will take up to 5 business days to process.
Once processed, withdrawals will be completed as soon as the methods allow them to be completed. The fastest method of withdrawal is by using the Ava Debit Mastercard, which traders can apply for once signed up for an account.