Is AvaTrade Good for Expert and Novice Traders Review

AvaTrade offers two main trading platforms: AvaTrader and Meta Trader 4. AvaTrader works well for both expert and novice traders. The platform is equipped for complex research, testing, and analysis. It, therefore, enables you to monitor markets, apply your own analysis, and trade both Forex and CFD. Meta Trader 4, on the other hand, gives you the opportunity to trade in Forex, indices, and commodities. The platform also offers you reliable execution and allows you to enjoy free auto-trading. It also gives you different lot sizes from .01 micro lots, and low spreads such as 0.8pips for Forex trading. Both AvaTrader and Meta Trader 4 are available on different computing devices such as mobile devices and desktops and are compatible with multiple operating systems. The trading software can be downloaded on mobile devices, but if you prefer a web-based system, you can also trade at www.avatrade.com. Other trading platforms offered by AvaTrade include AvaTradeAct, AvaTradeGo, and AvaOptions. These allow you to trade on mobile platforms while on the go.

AvaTrade Account Types

AvaTrade offers different account types for those wishing to trade through the company. You can choose from a live or a demo trading account. The live trade accounts come in four categories: Silver. Gold, Platinum, and Ava Select. These accounts require minimum deposits of $100, $1,000, $10,000, and $100,000 respectively. With an Ava Select or Platinum account, you get access to direct dealing room, and daily signals and market analysis by Trading Central. Gold account holders also get access to services from Trading Central. All account holders enjoy 5-day withdrawal timelines, but Ava Select account holders enjoy a 24-hour withdrawal time frame.

AvaTrade Order Types

With AvaTrade, you get access to different types of orders. You have access to market, entry, stop loss, entry stops, and trailing stop orders. The orders come with features such as CFD trading, Bitcoin trading, CFD rollover feature, different languages, enhanced security, special trading features such as spread betting, Forex learning and trading tools, and more than 250 financial instruments and leverage.

About AvaTrade

Established in 2006, AvaTrade is headquartered in Dublin, Ireland. The brokerage also has offices in New York, Tokyo, Sydney, Mongolia, Shanghai, Milan, and Paris. The company has specialized in trading markets and handles stocks, stock indices, currencies, bonds, traded funds, and commodities. AvaTrade is regulated by the Central Bank of Ireland, the British Virgin Islands Services Commission, Japan’s Financial Services Commission, and the Australian Securities & Investments Commission in Australia. The firm is licensed to trade by MiFID in the EU.