- Min Deposit $100 or equivalent
- 2,000+ Tradable Assets
- Max Leverage: 30:1 , 300:1 professional clients
- Official Partner Atlético de Madrid
AvaTrade is a reputable online broker specialising in CFDs on commodities, cryptocurrencies, stocks, indices and more. It was founded in 2006, under the name Ava FX, by Emanuel Kronitz, Negev Nosatzki and Clal Finance. Today, its head office is in Dublin and it has regional centres in Paris, Milan, Sydney and Tokyo with a total head count of 400 staff. It’s trusted by 300,000 traders who place a total of 2m trades per month.
CFD trading fees are low on AvaTrade. The table below outlines the fees for some popular instruments (disclaimer: fees correct at the point of publishing but please refer to broker for updated fees):
|Instrument||Margin||Spread||Overnight Interest (daily) Buy||Overnight Interest (daily) Sell|
|S&P500||5%||0.25 over market||-0.0058%||-0.0058%|
|Bitcoin||50%||0.35% over market||-0.0694%||-0.0333%|
|Account Fee||Deposit Fee||Withdrawal Fee||Inactivity Fee|
|$0||$0||$0||$50 after 3 consecutive months of inactivity|
When you open an account with AvaTrade, you will have the option of choosing between USD and EUR as your base currency. Additionally, if you’re based in Australia, you can select an account in AUD and if you’re based in the UK you can select an account in GBP.
You can easily open an AvaTrade account online. All you need is an email address or, alternatively, you can use your Facebook or Google account. Then you get two options: you can either try out the platform using play money with a demo account or you can start trading directly with a real account.
There is an additional verification process. In order to prove your ID, you will need to upload a copy of your passport, ID card, driver’s licence or any other document that contains your name, photo and date of birth. As proof of address, you will need to upload a recent utility bill or official municipality document or an affidavit signed by the Police and a Commissioner of Oath.
The AvaTrade platform is multilingual with 29 languages: English, 繁體中文, 简体中文, South Africa, Türkçe, ไทย, Svenska, Русский, Português (BR), Portugal, Polski, Nederlands, Nigeria, Melayu, Mongolian, 한국어, 日本語, Italiano, Indonesia, Magyar, Canada Français, Français, Suomi, Friedberg-fr, Friedberg-ca, Spanish-mx, Chile, Español, English-UAE, Deutsch, Australia, العربية, UAE, Canada.back to menu ↑
If you’re not sure where to start or if you don’t have time to consider different options, AvaTrade offers a popular feature called DupliTrade, which allows you to copy the actions of expert traders. When you open a DupliTrade account, you will start receiving signals directly to your AvaTrade account and a min deposit of $2,000 will give you access to DupliTrade’s portfolio of leading strategy providers, traded on your Competitive Spreads account.back to menu ↑
AvaTrade offers good customer support but it’s only available on weekdays. You can reach them using phone, live chat or email across a number of international call centres and languages.back to menu ↑
|Central Bank of Ireland||C53877||AVA Trade EU Ltd|
|Australian Securities and Investments Commission (ASIC)||406684||Ava Capital Markets Australia Pty Ltd|
|South African Financial Sector Conduct Authority (FSCA)||45984||Ava Capital Markets Pty|
|Financial Services Agency in Japan||1662||Ava Trade Japan K.K.|
|Financial Futures Association of Japan||1574||Ava Trade Japan K.K.|