AvaTrade Review

Established: 2006
Located in Ireland
Regulation: MASIC, MiFID, FSC, BVIFSC
Platforms: MT4 & proprietary
Minimum Deposit: $100
Leverage: 400:1
Assets: Share, Forex, Indexes, Commodities
Accounts: 1

 

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Founded in 2006, Ava is one of the oldest companies in the industry, with offices in New York, Sydney, Milan, Dublin and Tokyo. It even operates in China.

Ava offers one single account type with both floating, fixed and variable spreads, which are considered the most competitive in the business. The platforms enable – besides the standard limit and market orders, follow-up orders, command canceling orders, and many more. Hedging and scalping are possible and spread betting is tax-exempt.

Here too we have a large inventory of assets to trade – over 200 – for both live and demo accounts. Ava was, in fact, the first company to offer Bitcoin trading to its customers.

Another unique function is the ability to switch contract prices before an old contract expires, adjusting for the differential.

Ava operates 2 proprietary trading platforms – having been the first company to offer OTC options online. The website supports English, French, Italian, Spanish, French, German, Portuguese, Arabic, Russian, Japanese, Chinese and Taiwanese; and new clients receive a 20% welcome bonus. Special offers are provided to customers with a plus-100K trading volume; and education includes internet courses, daily analysis and a free eBook.

Advantages:

  • Fixed & floating spreads
  • Easily navigated website
  • Demo account

Disadvantages:

  • One standard account
  • Lengthy withdrawal process
Summary
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AvaTrade
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