Founded in 2006 by the AVA group of companies, AvaTrade customer reviews has established itself in the online brokerage business. It has spread its offices around the world in Europe, Japan, Australia and South Africa. Here, it is regulated by Central Bank of Ireland, FSA, and FFA, ASIC, FSB respectively.
AvaTrade gives a wide array of trading instruments:
- Forex – All majors present, there are over 50 currency pairs to trade at any time, with competitive spreads with low pips of 0.8 and leverage reaching 400:1
- Cryptocurrency – with 9 cryptocurrencies, leverages reaching 20:1, examples are Bitcoin, Ripple etc.
- Indices, Bonds, Stocks, ETFs & commodities with high leverages and low spreads.
It has established itself to suit everyone. This is visible in its Meta Trader platforms for 4 platforms, Mac, Mobile trading, floating spreads and web trading, in addition to the AvaTradeAct platform, a proprietary platform.
To better suit its various client’s needs, AvaTrade review has made advancements in automated software using: Mirror Trader, Robox, Zulu Trade, API Trade, MQL5 Signal Service.
With as little as $100 one can open an AvaTrade account. This is a standard account. A Demo account is also offered to train its potential clients. Deposits can be done via credit cards or wire transfers.
These methods apply for withdrawal taking up to 5 business days for processing. traders can apply for its fastest method of withdrawal, the Ava Debit Mastercard. Withdrawal is free!
It is also suited to fit religious boundaries offering Muslim traders ‘swap free accounts’ in the constrains of the principle of interest free trading of Sharia. Professional traders are also suited to MAM account to manage multiple accounts efficiently.
The icing on the cake is bonuses, reaching levels of $1400 for new traders depending on their first deposit. Referral bonuses are also available ranging from $75-$400 for successful ones.
AvaTrade has multilingual support for their customers via lie chat, email, social media, fax, telephone, and FAQs.
AvaTrade proves to be a customer friendly trading platform with awards like: ‘Best Customer support, ‘Best Financial Derivative Trading Provider’ etc.