AvaTrade was established back in 2006, and it is one of the best Forex brokers in the world. AvaTrade has offices in Tokyo, Milan, Sydney, Dublin, New York, and other parts of the world. The company is licensed by MiFID in the EU and regulated by the Central Bank of Ireland. The company is also regulated by the Financial Services Commission in Japan, the ASIC in Australia, and the FSC in the British Virgin Islands.
AvaTrade has one standard account, and only a minimum deposit of $100 is required. AvaTrade offer both fixed and floating, or variable, spreads beginning at 0.9 pips. The spread of AvaTrade is among the top competitive spreads of any online broker.
AvaTrade has several orders including Limit orders, Market orders, Stop Loss orders, Trailing Stops, Entry Limits, and Entry Stops. The funds of users are held in segregated accounts for better security.
Features of AvaTrade
AvaTrade was part of the first set of Forex brokers that introduced CFD trading on stocks, indices, and commodities. It was also part of the pack that introduced cryptocurrency trading, giving ordinary retail traders access to the Bitcoin market. The company is also very transparent as it strictly adheres to its trading policies and conditions.
AvaTrade also offers a lot of amazing features that are not offered by other Forex brokers. With the CFD Rollover feature of the company, matured contract prices are swapped with new ones before the old one expires. The system also adjusts the price difference between the two contracts. The site is clearly tabbed and very easy to navigate. It is also available in several languages, including English, Spanish, French, Chinese, Japanese, Taiwanese, Russian, Arabic, Portuguese, and German.
AvaTrade Account Opening Bonus
New users opening an AvaTrade account get a huge deposit bonus beginning at $40 for deposits worth $200, and up to $10k for deposits worth $50k. Also, there is an amazing, unique program known as the Ava Select program.
This program rewards users that make deposits worth $100k or more in trade capacity with a lot of special offerings and goodies such as customized educational programs, dedicated Ava Select hotline, express approvals of withdrawal, tailored trading terms as well as other benefits.
Get more from this AvaTrade review: https://www.investopedia.com/broker/avatrade-review/