AvaTrade Review 2020: We Put This Irish Trader Through Its Paces

Overview Risk Warning: Your Capital is at Risk

AvaTrade is an online brokerage firm offering its customers access to forex and Contracts for Difference (CFD) trading in shares, bonds, indices, ETFs, commodities and cryptocurrencies. The firm also offers spread betting to residents of the United Kingdom and Ireland. CFDs allow traders to speculate on the price of assets without actually owning them in their accounts.

AvaTrade customers have access to several customizable trading platforms. Traders can choose between the proprietary AvaTradeGo platform and the industry-leading MetaTrader4 (MT4) platform for manual trading. Both offer full mobile trading supports. Traders also have automated trading platform choices including ZuluTrade, which can be integrated into MT4, downloaded as an app or traded over the web. Please remember, while AvaTrade is a responsible broker, losses can still exceed deposits. CFD trading is for experienced traders. This AvaTrade review will cover all of the important details about the broker and discuss its major advantages and disadvantages.

Why Choose AvaTrade? What’s Good About AvaTrade? What Could AvaTrade Do Better?

Trustworthy broker (we scored AvaTrade 75/100 in our broker trust rating)

Demo account limited to 21 days

Islamic accounts available

High minimum deposit amounts

9 cryptocurrencies available to trade, which is more than most other brokers

AUD and GBP currencies only available to Australian and British clients, respectively

Welcoming bonus for first deposit (worth 25% of your deposit, up to 10,000)

Withdrawals can take up to 10 days – however, they do tend to be 1/2 working days

Smooth, easy-to-use platform

MT4 platform lacks any standout features

Up to 400:1 leverage

24/5 customer support via phone, live chat or email in multiple languages

AvaTrade – Essential Information  

Read more at: Commodity.com

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