AvaTrade was founded way back in 2006. It is considered one of the best Forex brokers around the globe with service branches in Tokyo, Milan, Sydney, Dublin, and New York among other international occasions. AvaTrade is standardized by Ireland’s Central Bank, and certified by the European Union’s MiFID. It is likewise regulated by Australia’s ASIC, Japan’s Financial Services Commission (FSC), and the British Virgin Islands’ B.V.I. Financial Services Commission.
The standard AvaTrade account only entails a minimum deposit of $100, and leverage is given at 1:400. AvaTrade offers variable, fixed or floating spreads beginning from 0.9 pips. Its spreads are one of the most reasonable and viable among the current brokers over the internet.
There are numerous kinds of orders available at AvaTrade which is composed of Advanced Orders, Entry Stops and Trailing Stops, Stop Loss Orders, Entry Limits, Limit Orders, and Market Orders. One Cancels Other Orders and IF Done Orders are likewise offered.
At AvaTrade, the funds of the client are maintained in separate accounts for better security purposes. Hedging is provided, including spread betting. The spread betting is free of tax that includes placing short and long spread bets on over 200 various financial instruments that has a maximum leverage of 400:1. Spread betting is obtainable through the platform of MetaTrader 4, which could be done via a demo or live account. Spread betting is exclusively accessible for UK and Ireland traders only. Interestingly, AvaTrade offers a 21 day-demo account for starting traders who engage in Forex trading.
AvaTrade is one of the very first online Forex brokers to present the CFD trading on stocks, indices, and commodities. It was likewise advanced than the other brokers in the introduction of the digital currency trading that granted the entry of regular retail traders to the Bitcoin industry. Their CFD has a rollover component where AvaTrade exchanges a matured contract with a new one and makes adjustments in the price difference.
AvaTrade maintains transparency in their trading regulations, and its website is user-friendly because it has clear tabs and is simple to use. The website is presented in Arabic, Chinese, English, French, German, Italian, Japanese, Spanish, and Taiwanese.