Avatrade company Review (former avafx.com) :
In 2013. Avatrade launhed new brand Avatrade. You can read more about this brand Avatrade Review.
avatrade is based in Ireleand, Dublin. this company was founded in 2006. and in the last 6 years become excellent and top forex broker.This broker is licensed and regulated in Europe, Australia, Japan and Regulation pending in the B.V.I.
avatrade holds licenses and it is regulated In Europe : Ava fx forex Broker is regulated by the Central Bank of Ireland with Reference Number C53877 as Ava Capital Markets Ltd. Ava fx is regulated by MiFID or Markets in Financial Instruments Directive.MiFID Directive is European Union law that provides harmonised regulation for investment services.This law and system has this aspects : Authorisation, regulation and passporting, Systematic Internaliser, Client categorisation, , Pre-trade transparency, Client order handling, Post-trade transparency, Best execution.
avatrade holds licenses and it is regulated In Australia : Ava Capital Markets Australia Pty Ltd is licensed in Australia by the Australian Securities & Investments Commission with License No.: 406684.
avatrade holds licenses and it is regulated In Japan Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (License.: 1662), the Commodities Futures Association of Japan and the Financial Futures Association of Japan (License No.: 1574).
avatrade forex broker review
avatrade Trading Platforms :
1) avatrade Trade trading platfrom
This free forex trading platform is developed by avatrade forex company.You can see that in this platform you can see dealing rates, Charts, Open positions, Account informations, Orders. Please Download avatrader . Download directly : Download avatrade
2) avatrade Metatrader trading platform :
MetaTrader 4 Trading Terminal is free famous forex trading platform and more than 80% worldwide traders use this platform. Here you have a lot of custom and well known indicators, tools etc. read about avatrade Metatrader.
avatrade mobile trading :
avatrade offers avatrade mobile trading using Metatrader on iPhone, Android, Windows, Blackberry, Symbian and i-mode. But only on IPhone and Android you can use Ava trader platform. Go with your mobile to avatrade mobile trading page and set everything.
What you can trade with avatrade ?
With this forex broker you can trade or major and minor currency pairs.avatrade offers index trading with indexes : S&P500 , S&P500 , NASDAQ 100, DJ 30, DOLLAR INDEX, CAC 40, DAX 30, FTSE 100, FTSEMIB, DJ EURO STOXX50 , IBEX35 SMI, OMX30, HSI Hong, SPI 200, MSCI, NIFTY50, NIKKEI 225, CHINA A50. you can trade soft commodities as Cotton #2, Coffee, Sugar #11 or Energies as Gasoline, Natural Gas and Heating Oil. You can trade Precious Metals as Gold, Silver, Platinum and Palladium and try CFD trading too.
What is avatrade Resources ?
This is special section at Ava website.Here you can download free ebook, read daily forex technical analysis, see how experts see current forex market. You can visit forex Webinar too.
Forex avatrade Dealing Parameters
For all trades there are No commissions on transactions and spreads are fixed. Leverage is 1:200 and every trader can start with only $100. But recomendation is to start at least with $1000.
avatrade Autotrading options :
If you deceide to trade with avatrade the biggest advantage are mirror trading platforms.
1) Ava Autotrader – Mirror trader :
Mirror trading platform Tradency is integrated with avatrade. Each customer can pick top forex strategies based on max drawdown, number of pips, momentum, profit, loss, RAR (Risk adjustment Ratio), winning percent etc. You can trade in micro lots, mini or standard. Experts trade for you and you need just to follow the best one. I suggest you to choose top forex strategies using Tradency score “T score” above 9 and to monitor systmes older than 6 months. Mirror trading can be automatic trading because some traders use automatic forex robots but most of traders manually trades.
2) Zulutrade platform
Using Zulutrade is very simply. This mirror trading platform is simmilar with Tradency. Other forex experts trade instead you and you can pick number of open positions per each system, you can pick currency pairs, you can stop your own limits and stops.You can test with Zulutrade Backtester each system or several systems.
3) API Trading
API trading are tools and software which will give you power to design your own forex experts systems. you need only to use AvaTrader API Libraries and this will be nice tool to implement your autotrading ideas.
4) Currensee trading
This autotrading platoform is very simmilary with Zulutrade and Tradency. Strategies are monitored 90 days before approval.
avatrade promotion – avatrade bonus for new traders
If you are new trader you can get nice bonus. for $100 you will get $50 free bonus. If you deposit $300 you will get $75. If you deposit $1000 you can get between $150 till $1000 free forex bonus. And if customer deposit $10000 he can get $1200 avatrade forex broker deposit bonus.. For bigger amounts bonus can be bigger.
Payment options – forex deposit and withdrawal :
You can deposit and withdraw money using credit/debit cards, bank wire (minimum $500) , and online money transfer methods such as paypal moneybookers, neteller and webmoney.The withdrawal process takes 5 business days to be processed and sent. You need to withdraw money with the same method you used to deposit.
Avatrade advantages and Disadvantages:
Advantages: Quick responding and interesting trading base meant for the professionals. Here you are being offered with an extra Ava option. Again if you are not preferring Ava platform then you can surely opt for the most trusted and common Metatrader platform. If you want you can try both in the demo account with the help of the Guider allowing you to learn the details of Forex. Also an option of Auto Trading is present, but then it is not at all reliable compared to that of the original trader as available throughout the day before computers.
Disadvantages: The spreads are supposedly fixed on specific properties. But again when the markets are not in “normal” they take the liberty of modifications of spread is opted by them. We actually don’t have an idea about the fixed quality of the spreads as the concept of the general concept about “normal” market is quite diversified with lots of exposure. The maximum feedbacks as received from the traders are not good enough. Then it is common thing that the starting up traders out of immense frustration normally makes negative comments regarding services of Forex.
My personal oppinion :
If some forex broker make 1.5 million trades per month then this kind of forex dealer can not be scam.If you read about all that licences and regulations in Europe, Australia and Japan – you can see that Ava fx is very safe forex broker. Online chat and support always know everything about promotions, software, platforms etc. I made withdrawal once and I waited only couple days.Phone calls, live chat, bonus offers, education tools show that this broker is well organized and very good. I like avatrade and recommend to everybody. A lot of famous forex traders use this forex broker because thay offer and stock trading and forex trading and good spreads.
But if you know for some avatrade scam example please write in comment.Please visit avatrade forum and enjoy in all informations that find there.
Please write your oppinion in comment!