AvaTrade Review- Begin your Trading Journey with a Reputable Broker

When you wish to start trading online, it is essential to find a reputable broker who can offer you all the services that you need. AvaTrade is an excellent option to consider in this scenario as the broker has been offering its services since 2006. It has gained worldwide recognition due to its customer service, integrity and fairness and constant innovation. AvaTrade has made significant effort to provide adaptable and advanced trading platforms, which makes it an appealing choice for traders of different skill levels. The broker has more than 200,000 registered clients who complete more than 2 million trades on a monthly basis.

Background and Regulation

Headquartered in Dublin, Ireland, AvaTrade also has sales centers established in Madrid, Paris, Tokyo, Milan, Sydney, Santiago, Nigeria, Beijing and Johannesburg. As far as regulation is concerned, the broker has the license to operate in the British Virgin Islands, South Africa, Japan, Australia and Europe. The fact that this broker is regulated in multiple jurisdictions can boost the confidence of investors all over the world. Regulation is an assurance that there are multiple organizations all over the world that monitor AvaTrade to ensure it complies with all local regulations.

Availability of Investment Products

When you sign up with AvaTrade, you will be able to trade commodities, forex, stock indices, bonds, individual equities, options and exchange-traded funds (ETFs). When it comes to options, AvaTrade is offering European-style calls and puts, which are also called ‘vanilla’ options. These options are available for silver, gold and more than 50 currency pairs. Some forex pairs offer you leverage of up to 30:1. Leverage for gold, non-major currency pairs and major indices is about 20:1. For non-gold commodities and non-major equity indices, the leverage is 10:1. Leverage for different CFD instruments is 400:1, 2:1 for cryptocurrencies and 5:1 for individual equities.

Cryptocurrencies

AvaTrade provides its clients with access to some of the top cryptocurrencies in the world 24/7. You can start trading cryptocurrencies with just $100 and leverage of up to 20:1 is available. The broker also offers you competitive swap rates and you can also sell a cryptocurrency or go short. This can lead to potential profits when there is a drop in price. This is not possible when you are trading on an exchange. Furthermore, exchanges are also open to risk of theft or hacking, but this is not an issue with AvaTrade. Plus, you don’t have to create a cryptocurrency wallet, which can be time-consuming and confusing for beginners. AvaTrade allows you to trade Bitcoin, Litecoin, Ripple, Ethereum, EOS, Bitcoin Cash, Bitcoin Gold and Dash.

Trading Limits

When you want to trade cryptocurrencies with AvaTrade, you should know that maximum position limits are applicable. These can be changed, depending on the volatility. You should also note that due to the ESMA regulations, the maximum leverage that can be provided for cryptocurrency is 2:1.

Desktop and Mobile Offerings

There is a huge variety of trading platforms that you will find on AvaTrade, which means you will be spoilt for choice. There is the Automated Trader, which uses systems like MirrorTrader, ZuluTrade and Ayondo, allowing traders to copy the moves of experienced traders. They offer the popular MetaTrader 4 platform that has an intuitive interface, powerful technical analysis tools and flexibility. There is also a no-download solution available in the form of the Web Trading platform. Apart from that, you will also find AvaOptions, Mac Trading and MT4 Floating Spreads platform. An MT4-based mobile app is also provided for both iOS and Android, which provides access to top tools and indicators.

Trading Fees

Since it is a market maker, AvaTrade is able to offer the most competitive spreads to their clients. No commissions are charged on trades and all profits are made through spreads. You can opt for fixed sprads or go with floating/variable spreads. An inactivity fee is applicable if you don’t use the account for three months. Administration fee is also charged, which is deducted after 12 months of inactivity.

Customer Care AvaTradeoffers its clients the option of live chat, phone or email for the convenience of their clients. Neuer Capital Review have a detailed FAQ section where you can find answers to common questions easily.

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