Online Trading with Financial Brokerage Company Stocks, ETFs, Gold, Indices, Currencies and more

AvaTradeGO, featuring AvaProtect, offers an Android and iOS alternative to the plain vanilla Metatrader 4 Mobile. Traders can take spot and options positions through AvaOptions, a dedicated but basic platform that provides plain vanilla and complex hedging with streaming put and call quotes for a subset of forex pairs. It also offers a diverse set of strike prices and expiration dates. AvaTrade is a privately held online forex and CFD (contract for difference) broker. Withdrawals at AvaTrade take one to two business days, which is comparable to nearly every forex broker.

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Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

  1. AvaTrade earned Best in Class honors for our Education category in our 2024 Annual Awards.
  2. It provides an international phone number as well as a laundry list of local phone numbers covering its numerous jurisdictions and EU member states.
  3. TrustPilot awards it 4.7 out of 5 stars based on more than 7,600 reviews.
  4. When our clients deposit into their trading accounts, the commission is always 0%.
  5. Furthermore, Ingmar Mattus, the founder of Tickmill, another FX/CFDs broker, recently launched MetroTrade, a futures trading platform in the US market.

ForexBrokers.com 2024 Annual Awards

That said, AvaTrade recommends you start with one to two thousand of your preferred base currency, with the EUR, GBP, AUD all supported as available options, for traders looking for the full experience across its products. AvaTrade holds regulatory licenses in multiple financial hubs across the globe. While not directly regulated in Canada, AvaTrade caters to clients in the country through its partnership with Friedberg Direct, which required regulatory approval. Your funds are fully secured when you trade with financial brokerage company RoboForex. Open an account and get instant access to trade ideas, analysis and personal support.

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That said, AvaTrade continues to make incremental improvements in this category, and provides a generally well-rounded suite of apps. In 2021, Plus500, a London-listed FX and CFDs broker, acquired Cunningham Commodities and Cunningham Trading Systems, two US-based firms, and has launched futures trading for its clients in the US. Furthermore, Ingmar Mattus, the founder of Tickmill, another FX/CFDs broker, recently launched MetroTrade, a futures trading platform in the US market. The company holds client funds in a segregated account, but it runs a dealing desk that might raise potential for conflicts of interest, especially because AvaTrade isn’t regulated by the Financial Conduct Authority (FCA).

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The withdrawal time can also vary depending on your chosen withdrawal method. AvaTrade’s 48 educational videos cover a wide range of topics, and explore niche subjects like Donchian Channels (what they are, and how traders can use them). AvaTrade also uploads and archives video webinars on its YouTube and Vimeo channel, which help https://traderoom.info/ to round out its offering. Thanks to AvaTrade’s extensive offering of copy trading platform options, AvaTrade once again finished Best in Class for Copy Trading in 2024. Trade FX with great leverage, no commission options, and spreads from zero. With fully segregated client funds, backed by top-tier banks and award-winning service.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Large-scale and professional traders are likely to find better value elsewhere due to the lack of volume discounts, avatrade broker high-end trading platforms, and comprehensive news and research resources. New traders can open accounts for as little as 100 units of the base currency and the broker offers dedicated educational and research resources that should get them up to speed quickly.

Apart from product expansion, AvaTrade is also focused on geographies and is contemplating obtaining a regulatory license in Spain, thus further bolstering its services within the European Union. AvaTrade provides economic and earnings calendars and limited research through Sharp Trader. A brief, two to four minute daily Trader’s TV video is available via YouTube.

Each year, we collect thousands of data points and publish tens of thousands of words of research. All with the confidence you’re joining a trusted global leader, with over 25 years’ experience – and more than 1 million clients worldwide. AvaTrade is registered with multiple jurisdictions around the world, but it doesn’t accept U.S. traders.

The “Trading Conditions & Charges” link under the “Trading Info” tab lists the spreads, available leverage, and margin requirements for all AvaTrade’s instrument offerings. The minimum advertised spreads for FX majors are in line with the industry average with EUR/USD at 0.9, USD/JPY and AUD/USD at 1.1, GBP/USD and USD/CHF at 1.6, NZD/USD at 1.8, and USD/CAD at 2.0. As is the norm in the FX industry, clients will be charged swap fees on positions they hold overnight.

These form the core of research materials, with the script then transcribed as a Daily Market Review. Materials are segmented into five major subtopics so clients can find answers quickly and efficiently. But a buggy search function detracts from the learning experience, failing to include many articles and topics. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

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