AvaTrade is a company that was established in 2006. It is an Irish company that helps people do online trading. They operate in the United Kindom, in Europe, and in Australia. Online reviews indicate this company offers competitive prices for online trades and they have a strong analytical part of the company that educates people about the best strategies to take when making buy and sell decisions. The reviews also point out that AvaTrade is a company that is regulated by a number of government organizations, such as the Central Bank of Ireland and the Australian Securities and Investments Commission.
AvaTrade’s services can be used to do a lot of different trading of assets including stock indices, commodities, Forex, and cryptocurrencies. In total they provide access to seven asset classes, seven cryptocurrencies, and five separate trading platforms.
People who decide to trade using AvaTrade’s services can get started with as little as GBP 100 being moved to their online trading account. There are not any charges for regular withdrawals or when closing the account but they do charge GBP 25 if an active account goes unused for three months. Two of the most common trades when it comes to Forex are EUR/USD and GBP/USD. AvaTrade charges 1.5 pips for that first type of trade and 2.0 pips for that latter one.
For those who want to find out what AvaTrade is all about they offer a demo account. People can use this to practice using the online trading systems and figuring out how they work. If someone decides to use AvaTrade their money is held in a segregated account and this company only uses tier-1 banks for these accounts. This can be funded using credit cards, PayPal, Payoneer, Neteller, or a bank transfer.
The most popular trading platform they offer is the MT4 forex trading platform which has become the biggest one in the world for this type of trading. This platform, like the other ones AvaTrade provides access to, can be used on desktops, laptops, and mobile devices as well. The platforms are also offered in many different languages.