The Ultimate Guide to
AvaTrade
www.avatrade.sa.com
AvaTrade are globally recognised and well-established in the provision of trading services, with a large base of over 200,000 registered clients worldwide. Their services can be accessed throughout Europe and in many other jurisdictions around the world, with over 15 different languages supported through their websites. Arabic is just one of the supported languages, making AvaTrade suitable for traders from Morocco. Customer helplines are available in the region in Nigeria and South Africa. AVA Trade Ltd is the internationally regulated entity, with authorisation from the BVI Financial Services Commission. Subsidiary companies are also regulated and supervised in Australia, Europe, and Japan.
AvaTrade’s platforms include AvaTradeAct, which is AvaTrade’s own platform and offers clients access to over 250 financial instruments across many different markets. Users can trade contracts for difference (CFDs), bonds, Exchange-Traded Funds (ETFs), stocks and more. Forex trading is also available for customers via the MetaTrader 4 platform. All of AvaTrade’s platforms can be accessed via web-based browsers or can be downloaded as apps for mobiles and tablets. SharpTrader is an education platform provided in 8 different languages by AvaTrade, and is a central hub for their educational tools and information.
A noteworthy feature of the AvaTrade offering is their Islamic account, which caters to the restrictions placed by the Islamic faith. Interest-based business is not permitted so interest-free Islamic accounts are necessary for Muslim countries such as Morocco.
The company also provide a risk-free demo account which can be used by traders to familiarise themselves with the platform and trading techniques. No deposit is required to open a demo account, whereas a minimum deposit amount of US$100 is required for live accounts. This is increased to US$500 when depositing using a wire transfer. PayPal, Neteller and Skrill are also amongst the accepted payment methods in Morocco.
XTB
www.xtb.com/fr
X-Trade Brokers were formed in Poland in 2002 where they pioneered leveraged FX trading. They were soon opening offices around Europe, and now have offices in 13 different countries around the world. Some of their main offices include the UK, Germany, France, Spain, and Belize. The international offering from what is today known as XTB is headquartered in Belize, and regulated by the International Financial Services Commission (IFSC). They are also regulated in various jurisdictions around the world, by top regulators such as the Financial Conduct Authority (FCA), the German Federal Financial Supervisory Authority (BaFin), Komisja Nadzoru Finansowego (KNF) in Poland and the Romania National Securities Commission. As such, XTB are required to adhere to the stringent regulatory regimes imposed by these supervisory authorities, which includes the requirement to segregate client money from their own funds to ensure that it is not available to be accessed by third parties.
XTB offer access to over 1500 markets from around the world. Just some of the most popular instruments include currency pairs such as GBP/USD, indices which can be traded as contracts for difference (CFDs) such as the UK100 and US500, and CFDs on commodities, such as gold and natural gas.
Clients are offered one of the most powerful trading platforms on the market when they take an account with XTB. Their xStation 5 proprietary trading software allows trades to be executed on average within 85 milliseconds. It also comes equipped with advanced features such as a trader’s calculator, charts trading, performance statistics, market depth, and much more. Clients can also opt for the industry standard MetaTrader 4, which is favoured by many traders from around the world.
Traders from Morocco can access a French-language version of the website, which is a language widely spoken in the country. The account can be opened in Euros, US dollars, or GBP, and deposits can be made via bank transfer, credit/debit card or popular e-payment methods such as PayPal and Neteller.
