AvaTrade is a multi-national online trading company with over $60 billion transactions per month. Experienced and novice traders will find its wide range of platforms and services accessible and adaptable.
Created by financial professionals and web-commerce experts, AvaTrade is committed to presenting an environment that allows retail traders to invest with confidence and providing quality personal service with integrity. Headquartered in Dublin, Ireland, it has 200,000 registered users worldwide. AvaTrade also has offices in Paris, Dublin, Milan, Tokyo and Sydney.
Regulated by some of the main regulatory bodies of the European Union and registered with the Spanish CNMV, AvaTrade is a legitimate company and not a fraudulent site or internet scam. With commission-free trades and highly competitive spreads, the company is highly favored by traders.
The broker does not charge a commission but earns money by imposing a small difference between the buy and sell price of the CFD. The spreads are constant over time but are dependent on the trading platform that is used as well as market conditions.
Another positive feature is leverage. AvaTrade allows the opportunity to leverage up to 400 times the money invested with a low minimum investment. Be aware that using leverage involves high risks and can result in the entire loss of capital.
Current events can, to some extent, influence the price of the markets and assets. In order to gain more experience with the fluctuations and how the platform itself operates, a free demo account using virtual currency is available.
Its physical location along with stringent regulation inspires confidence and shows AvaTrade’s legitimacy. In addition to MetaTrader 4, the company has its own OTC trading platform, AvaOptions. Both are mobile friendly. These are a few of the reasons that earn AvaTrade a 5-Star rating.
AvaTrade EU LTD is compliant with the Markets in Financial Investments Directive (MFID).
Read the full AvaTrade review here