Avatrade. Check it out before singing up
AvaTrade was established in 2006 and is located in Dublin, Ireland. Offering trading services in over 150 countries with offices located worldwide. AvaTrade is a forex broker that is committed to providing a safe trading environment and is fully regulated and licensed in the EU and BVI, with additional regulation in Australia, South Africa and Japan.
**AvaTrade does NOT accept Clients from USA**
The most salient feature of AvaTrade is the incredibly diverse and rich automated trading package that comes bundled with the trading software itself. Forex trading APIs and advanced strategies that sell for hundreds of dollars in the market are being offered for free by the broker for the simple cost of trading forex; you only pay the spreads for trading and no additional costs for the advanced and professional auto-trading tools that you’re provided with.
The automated-trading package includes the popular ZuluTrade system, AvaTrade’s own Ava AutoTrader system which enables algorithmic trading in its latest versions, as well as an advanced array of various APIs that allow you to devise your own forex automation solutions from scratch. This is a unique advantage available with no other company in the forex world as of the time this review was being created.
Deposits and Withdrawals
The minimum initial deposit requirement of AvaTrade is $100. Maximum leverage is 400:1, always keep in mind that the higher the leverage, the greater the risk. In addition to the possibility of immediate deposits through popular credit cards, the broker accepts wire transfers and also facilitates funding through PayPal, NeTeller, Moneybookers, and WebMoney. With the Ava Debit Card feature of AvaTrade, clients can withdraw funds with no paperwork delaying the process although it can take up to five days for the money to be transferred.
As of August 1st 2018 Avatrade complies with the new ESMA rules and have changed their leverage limits for European Clients to:
30:1 for major currency pairs.
20:1 for non-major currency pairs, gold and major indices.
10:1 for commodities other than gold and non-major equity indices.
5:1 for individual equities and other reference values.
2:1 for cryptocurrencies.
With recognition through their many awards and their longevity of over 10 years in the industry, AvaTrade stands out from other brokers in more than one respect. If a trader emphasizes safety above everything else, this regulated and authorized broker, operating as a part of an international financial group with market capitalisation will clearly make an outstanding choice.
With the incredible automated and manual trading solutions, AvaTrade is an unusually well-suited option for the advanced, sophisticated professional. However, a beginner trader will be pleased with the friendly and accessible customer support staff, the intuitive and easy-to-grasp interface of the broker and relatively small initial deposit requirement. Try AvaTrade and form your own opinion by registering a real account. Any prospective trader will be more than impressed by the unique flexibility that distinguishes AvaTrade from all its competitors.
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.