Trade A Wide Range Of Markets Including 24/7 Trading
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AvaTrade Review
What is the minimum deposit ?
When the trader has opened their account, they will need to deposit a minimum amount to place a live trade. The minimum deposit depends on what currency the account is denominated in. AUD accounts are only available for Australian clients. For all these accounts, the minimum deposit is 100 units of the currency (e.g. $100 or AUD$100 or €100). This is the minimum deposit by Credit/Debit Card and e-Payment. The minimum deposit by Wire Transfer is 500 units (e.g. $500). To actually be able to trade a particular market depends on a number of factors.
Does AvaTrade charge deposit or withdrawal fees ?
AvaTrade does not charge deposit or withdrawal fees.
What leverage is offered ?
Leverage varies depending on the market and location of the trader. However Ava Trade EU Ltd has a maximum leverage of , which is for Forex.
What can be traded at AvaTrade ?
AvaTrade offers CFD trading in Forex, Energy, Metals, Indices, Cryptocurrencies, Soft Commodities, Stocks, ETFs, Bonds and Options. MT4 has all these markets except Options, for a total of 200+. MT5 has all these markets except Options, but for a total of 1000+. Options trading is available for 40+ Forex Options on a separate platform. Counting all markets available, there are 1000+. All the platforms are available as a download and as web traders.
| Broker | Trading Platforms | What It Does |
|---|---|---|
| AvaTrade Broker | MT4, MT5, Web Trader, AvaTradeGo Trading Platform | AvaTrade offers 24/7 trading of a range of Cryptocurrency CFDs on MT4, MT5, its user friendly web trader and on its AvaTradeGo mobile app What It Does |
What Crypocurrency CFDs are offered ?
When trading a Cryptocurrency CFD the trader does not own any Cryptocurrency. CFDs allow the trader to trade a market without having to own it. In the case of Crypto CFDs, this means they do not need a wallet and the trader can go short (speculate on a falling market) as well as going long (speculate on a rising market). Crypto CFDs offered are: Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Bitcoin Gold, Dash, EOS, IOTA, NEO, Chainlink, Uniswap and Stellar. Cryptocurrency CFDs may be traded 24/7 at AvaTrade.
What Stocks CFDs are available ?
The trader can trade a range of Stocks CFDs on MT4 and MT5. When trading a Stock CFD, the trader does not own the Stock, rather can speculate on the value of the Stock, as the value of the CFD is referenced to the value of the underlying Stock.
What kind of Options can be traded at AvaTrade ?
AvaTrade offers Vanilla Options trading on 40+ Forex Options. AvaTrade
Is mobile trading available ?
AvaTrade has a user friendly mobile app which lets the trader access their MetaTrader accounts and trade on their mobile, called AvaTradeGO.
Can the trader auto trade at AvaTrade ?
The capacity to copy the trades of other traders is offered via AvaSocial.
| Broker | What It Does |
|---|---|
| AvaTrade Broker | Test out AvaTrade on its Demo account, with $100,000 of virtual funds to practice trading with What It Does |
Can the trader use automated trading strategies ?
The trader can use Expert Advisors on MT4 and MT5. These are automated trading strategies which trade on behalf of the trader (i.e. online trading robots). They can be used or built by the trader, in the MQL4 language on MT4 and the MQL5 language on MT5.
What is offered for the trader who executes their own trades ?
Firstly, there is a user friendly web trader designed for the trader who executes their own trades. All of AvaTrade's platforms including MT4 and MT5 have charting and tools such as technical indicators, to assist the trader when analysing markets. AvaTrade also offers Trading Central on its Web Trader and on AvaTradeGO. There is also an Economic Calendar on the AvaTrade website.
Is there an Islamic account ?
AvaTrade offers a Swap Free account.
| Trading Style | AvaTrade Platforms | Description |
|---|---|---|
| Discretionary Trading Trading Style | MT4, MT5, AvaOptions AvaTrade Platforms | AvaTrade offers a wide range of features for traders who plan and execute their own trades, including a user friendly Web Trader, a wide range of CFD markets and features such as the risk management tool, Guardian Angel and its user friendly App, AvaTradeGo Description |
| Automated Trading Trading Style | MT4, MT5 AvaTrade Platforms | AvaTrade allows automated trading on MT4 and its successor MT5 with Expert Advisors (EA) robots Description |
| Copy Trading Trading Type | ZuluTrade, DupliTrade Third Party Platforms | AvaTrade provides a range of platforms for social and copy trading, including ZuluTrade and DupliTrade, which allow the trader to inform their trading with the views of others and copy trades Description |
| Forex Trading Trading Type | MT4, MT5, AvaOptions AvaTrade Platforms | Forex trading is available on all AvaTrade's platform, from automated trading to trading based on technical and fundamental analysis applied by the trader. Vanilla Forex Options trading is offered on AvaOptions Description |
| 24/7 Trading Trading Type | MT4, MT5 AvaTrade Platforms | 24/7 trading of Crypto CFDs is offered, depending on the trader's region Description |
Is AvaTrade regulated ?
AvaTrade is regulated in 6 different parts of the world. AVA Trade EU Ltd is regulated by the Central Bank of Ireland (CBI). AVA Trade Ltd is regulated by the British Virgin Islands Financial Services Commission (BVI FSC). Ava Capital Markets Australia Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC). Ava Capital Markets Pty Ltd is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. Ava Trade Japan K.K. is regulated by the Financial Services Agency (FSA) and the Financial Futures Association of Japan (FFAJ).
Key feature summary
- AvaTrade is an MT4 and MT5 broker
- AvaTrade offers a relatively wide range of markets to trade
- AvaTrade provides CFD trading
- Copy Trading is available
- MT4 and MT5 automated trading is offered via Expert Advisors (EAs)
- Stock, Crypto and Options CFD trading is provided
- 24/7 Cryptocurrency CFD trading is available
- AvaTrade has a user friendly web trader
Why AvaTrade ?
This is an MT4 and MT5 broker with a relatively wide range of markets to trade, including 24/7 trading with Cryptocurrency CFDs. Traders can use robots and can copy the trades of other traders. Analysis tools are provided for the trader who executes their own trades. As well as supporting MT4 and MT5 trading, this broker also provides a platform for trading Forex Options, a user friendly web trader and has an app designed for mobile trading based on MetaTrader. This is a broker which offers a wide range of trading platforms, markets to trade and features to support the trader who plans and executes their own trades and the trader who wishes to social and copy trade and use or build online trading robots.
