AvaTrade is a multinational company with offices in Paris, Dublin, Milan, Tokyo, Sydney and New York. The company was officially registered in Ireland in 2006 (registration number C53877).
User Friendly: 4/5
When developing the AvaTrade website, special attention was paid to the usability and the ability to use various trading platforms. All information on the company’s website is presented in a clear and concise manner. The presence of various platforms (mobile application, desktop application and browser version) allows users to carry out trading operations in the most convenient and familiar way for them.
AvaTrade is licensed and regulated in many countries, including the European Union. The information obtained by AvaTrade is used solely for business purposes and is not sold to third parties under any circumstances. Your data may be transferred solely for the purpose of concluding transactions and conducting business. Data is exchanged with the company’s website using the secure SSL protocol. To protect the personal data of users, special banking technologies and firewalls are also used.
Company Regulation: 5/5
Depending on the jurisdiction, the company falls under the control of various regulatory organizations:
The activities of AVA Trade EU Ltd are regulated by the Central Bank of Ireland and also comply with the requirements of the European Union Directive on Financial Instrument Markets (MiFID).
Ava Capital Markets Australia Pty Ltd (Australia), regulated by ASIC.
Ava Trade Ltd (British Virgin Islands) is regulated by the Financial Services Commission (FSC BVI).
Ava Trade Japan K.K. (Japan), regulated by JFSA, FFAJ.
AvaTrade is part of Ava Capital Markets Pty Ltd (South Africa), and is regulated by the Financial Services Board (FSB).
Trading Platform: 4/5
Trading in the company is carried out through the Meta Trader 4 terminal and AvaTrader proprietary platform, which provides access to the entire spectrum of orders, setting restrictions for their execution, tools for analyzing trends, trading signals and automating trading procedures.
AvaTrade offers traders a range of financial instruments, such as stocks, commodities, indices, currencies, price difference contracts, bitcoins, index funds, lightcoins, government and corporate bonds. Currency operations can be carried out in more than 60 pairs, including GBP/USD, AUD/CAD, EUR/USD, GBP/JPY, NZD/USD, CAD/JPY, USD/CHF, EUR/JPY, EUR/GBP and others. Commodities available on the AvaTrade site include fuel oil, crude oil, natural gas, brent oil, gasoline, copper, palladium, platinum, silver, gold, corn, wheat, soy, coffee, sugar and cotton.
Available equity instruments include stocks of Microsoft, Yahoo, Caterpillar, Boeing, Bank of America, Citigroup, Exxon Mobil, GM, Walmart, Verizon, Twitter and other companies. At AvaTrade you can also trade instruments for S & P500, DJ 30, NASDAQ 100, Dollar Index, Russell2000, DAX 30, CAC 40, IBEX 35, SMI, OMX 30 and others.
Additional Services: 4/5
The company’s customers can use the Autochartist service, with which you can simplify their trading and receive information about new trading opportunities. The following terminals are offered to supporters of automated trading:
Mirror Trader – allows you to copy trading strategies of a large number of experienced signal providers.
Robox – is an auto-trading tool that provides access to trading strategies of professional traders.
ZuluTrade – is a platform for social trading that provides access to the database of traders and makes it possible to repeat the transactions of the most successful traders in their own trading account.
MQL5 Signal Service – allows you to switch to automated trading from the AVA MetaTrader4 platform and copy expert trading signals to your account.
The company also provides training materials and videos, thanks to which you can increase the level of knowledge about working in the Forex market.
Deposits & Withdrawals: 5/5
You can replenish the deposit with electronic payment systems PayPal, WebMoney, as well as Visa / MasterCard and other payment methods. Instant withdrawal of funds is possible using the debit card AVA Debit.
Account Types: 3/5
Only one “Standard account” is available in the company according to the conditions at the end of the review.
The company has the right to withdraw an additional commission, if this is not prohibited by law, for not using the account for three consecutive months (period of inactivity). The commission is charged in the main currency of the account (25$ / 25€ / 25£). Periodically, the company may change the size of the commission.
Also, customer accounts may be subject to annual service charges for not using the account for 12 consecutive months (annual inactivity period). The amount deducted in this case is (100$ / 100€ / 100£).