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AvaTrade Review

  • Regulated by: Central Bank of Ireland, ASiC, FSA, FSB …
  • Used by: 200,000+ traders
  • Trust Rating: AAA
Open AvaTrade's Website

Losses can exceed deposits. Your capital is at risk.

AvaTrade offer CFDs on shares, forex, commodities, indices & ETFs.

To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, AvaTrade offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by ASiC (AFSL #406684), and Financial Services Provider #45984 in South Africa. AvaTrade puts all client funds in a segregated bank account and uses tier-1 banks for this. AvaTrade have been established since 2006, and have a head office in The British Virgin Islands.

Before we dive into some of the more detailed aspects of AvaTrade’s spreads, fees, platforms and trading features, you may want to open AvaTrade‘s website in a new tab by clicking the button below in order to see the latest information directly from AvaTrade.

Open a demo account Visit AvaTrade

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

PROS

  • Used by 200,000+ traders
  • Established in 2006
  • Regulated by Central Bank of Ireland, ASiC, FSA, FSB and BVI
  • Min. deposit from $ 100

CONS

What are AvaTrade's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on AvaTrade’s website. The colour bars show how competitive AvaTrade’s spreads are in comparison to other popular brokers featured on BrokerNotes.

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

AvaTrade Plus500 London Capital Group
Spread from: $7.00 $10.00 $3.00
Typical overnight fee: $5.00 $9.40 $8.01
Commission: 0 0 1
Total cost of a 100k trade: $12 $19.4 $12.01
+$7.40 more +$0.01 more
Visit AvaTrade Visit Plus500 Visit LCG

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • AvaTrade doesn't charge inactivity fees
  • AvaTrade doesn't charge withdrawal fees

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is -$5.00
  • the roll over fee for short positions on EUR/USD is $0

Commissions

  • AvaTrade doesn't charge commission on CFD shares

What instruments can you trade with AvaTrade?

FX / Currencies AvaTrade Plus500 LCG
# of forex pairs offered 59 61 66
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes No
Commodity CFDs AvaTrade Plus500 London Capital Group
# of commodities offered 16 17 10
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs AvaTrade Plus500 London Capital Group
# of Stocks offered 99 1816
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See AvaTrade's Instruments See Plus500's Instruments See LCG's Instruments

What's the AvaTrade trading experience like?

1) Platforms and apps

AvaTrade offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.

AvaTrade Screenshot See AvaTrade's Platforms

AvaTrade also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See AvaTrade's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Low min deposit

Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

AvaTrade allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker, AvaTrade may have lower entry requirements compared to a ECN broker who benefit from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, AvaTrade offer margin up to 0.05% on currencies.

Finally, we‘ve listed some of the popular funding methods that AvaTrade offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • PayPal
  • Neteller

3) Client support

AvaTrade support a wide range of languages including English, Italian, German, French, Greek, and Hebrew

AvaTrade have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

CFDs are leveraged products and can result in the loss of your capital. All information collected from http://www.avatrade.com/ on November 21, 2017.