Trust worthy?

Forex broker AvaTrade was founded in 2006, with almost 20 years in this business it is a well established broker. AvaTrade holds 8 licences, is an award winning broker most recent being best in class rating for beginners for 2023. 

AvaTrade is not publicly traded, does not operate a bank however it is authorised by four Tier-1 regulators (Highly Trusted), three Tier-2 regulators (Trusted), zero Tier-3 regulator (Average Risk), and one Tier-4 regulators (High Risk). AvaTrade is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), Japanese Financial Services Authority (JFSA), and the European Union via MiFID . Learn more about where the different AvaTrade entities are regulated.

About AvaTrade

Founded in 2006, AvaTrade has offices in 11 countries and provides multiple trading platforms for web, desktop, and mobile devices, offering spot forex and forex options and CFDs on numerous asset classes, including cryptocurrencies. AvaTrade has 300,000 registered traders who place more than 3 million trades each month and has executed more than $1.47 trillion in traded value since inception. AvaTrade is a global, award-winning, CFD, crypto and forex broker which also offers spread betting to residents of the UK. AVATRADE is well established forex broker which has been offering its services since 2006. Since 2006 AvaTrade has expanded enormously; with over 400,000 registered customers globally, executing more than two million trades a month. AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab a Best in Class rating for Beginners for 2023. AvaTrade offers a very easy to use platform which is accessible using any search engine, they also offer there app both on playstore and on the Appstore. The website is easy to navigate with a one page scroll formation you can scroll and get all the relevant information. AvaTrade broker had made it very simple to register, soon as you go on their website you can see a register icon and all you need to register is provide an email and create a strong password. You will be required to enter your name, address and etc which the takes you through to some security questions to secure your account. It will ask some general knowledge question about forex trading and trading in general before you are given the option to open a live account or a demo account. With live accounts you can invest as little as £100, on a demo account they will give you an account with £10,000 limit which you can request to increase or decrease. Both accounts are real time, both account type set ups are really clean and sharp, no lag in running software, real time trades, all in all a very good experience also one of the best looking platforms in our opinion.

Pros 👍

• AvaTrade offers 44 forex options, in addition to over 1,200 CFDs.
• AvaTrade offers AvaSocial, along with ZuluTrade and DupliTrade for social copy trading, and finished Best in Class for 2023.
• AvaTrade ranks Best in Class for Professional traders for 2022.
• Founded in 2006, AvaTrade is regulated in three tier-1 jurisdictions and four tier-2 jurisdictions, making it a safe broker (low-risk) for trading CFDs and forex.
• Alongside MetaTrader, AvaTrade offers its proprietary platforms AvaTrade WebTrader and AvaTradeGO, with innovative features such as AvaProtect.
• The AvaOptions app, powered by Sentry Derivatives, provides AvaTrade clients with an excellent forex options mobile trading platform.
• Free deposit and withdrawal options 
  
• availability of an account for representatives of Islam (swap-free);

Cons 👎

• Only CFDs, forex, and cryptos offered 
• High inactivity fees 
  
• Out of 1,260 available symbols, at least 351 are on hold for both the MetaTrader and WebTrader platforms at AvaTrade.
• Research is limited to Trading Central modules, and just one or two daily articles and videos.