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AvaTrade Review 2021: Safe Broker? Everything We Know!

AVA Trade Review 2021

AVA Trade:

AvaTrade is a renowned worldwide brand that offers a wide range of trading interface alternatives for traders. AvaTrade has been deemed to be excellent for mobile copying, competitive, largely in tune with the typical industry price and analysis, and a standout in investment education. 

To open a live account with this broker, click here.

About AVA Trade:

  • - Formed in 2006, AvaTrade has offices in 11 countries, three Tier 1 and Tier 2 countries, offering it a reliable (low-risk) platform for trading in Forex and CFD.
  • - AvaTrade provides its own AvaTrade WebTrader and AvaOptions, ZuluTrade, and DupliTrade interfaces for social network trading in 2021 along with MetaTrader. AvaTrade is competent in this field with a range of platform alternatives.
  • - In 2021, AvaTrade performs excellently in the category of fees and commissions in comparison to pricing leaders like IG and Saxo Bank.
  • - AvaTrade's 200,000 authorized traders have been exchanged for over 2 million traders per month and have completed a worth in excess of $1.47 trillion from the onset.
  • - Advanced trading platforms, delivering forex choices and CFD on a range of asset classes, along with cryptocurrencies, for web, desktop, and mobile devices.
  • - In several financial centers throughout the globe, AvaTrade owns regulatory licenses. The offices of AvaTrade are located in Ireland, the Central Bank of Ireland regulator and partner of the DAC (Investor Compensation) Company (ICCL), which guarantees qualifying customers with a potential payout of up to EUR 20,000 in an unusual bankruptcy event.
  • - AvaTrade provides customers in the nation with the regulatory permission necessary through the Friedberg Direct agreement, though not regulated directly in Canada.

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Is the platform safe?

With a total trust rating of 93 of 99, AvaTrade is deemed low-risk. AvaTrade is not run a financial institution and is not traded publicly. Three level-1 regulation (high trust), four level-2 regulators (medium trust), and one level-3 regulator (low trust) authorize AvaTrade.

It is approved by tier 1 regulators Japanese Financial Services Authority (JFSA), thru Friedberg Direct, the Australian Securities & Investment Commission (ASIC), and the Investment Industry Regulatory Organization of Canada (IIROC).

Offering Investment:

AvaTrade's variety of marketplaces will reflect on whatever worldwide company and trading platform you pick for the brand. 

Cryptocurrency trading is possible via CFDs but not via the trade of the assets (e.g., buying Bitcoin). Note: No UK corporate broker or UK citizens have access to crypto CFDs.

Commission & Fees:

Spreads of AvaTrade are near the norm for the market: right beneath one pip of 0.9 pips in EUR/USD, but significantly higher than CMC market and Saxo Bank registration accounts.

The only exception is when you are a licensed professional trader, and EUR/USD has dropped to 0.6 pips.

AvaTrade advertises varying price margins of 0.9 pips on EUR/USD above the standard sector, although their pro account spreads are competitive and equivalent to FP market pricing.

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Tools and Platforms:

AvaTrade offers a comprehensive package of MetaTrader, ZuluTrade, and DupliTrade for two proprietary interfaces (AvaTrade WebTrader, AvaOptions) (accessible via WebTrader). AvaTrade yet again scored Best in class with copy trading because of the vast range of copy trading alternatives offered by AvaTrade.

Meta Trader vs. Web Trader: MetaTrader has about 800 trade components, WebTrader only has about 200 symbols.

AVA Trade Web Trader: - I regarded the proprietary WebTrader platform in an appropriate layout to be excellently built. In reality, considering the rapidity of its growth as a new platform, AvaTrade was awarded in 2021 for # 1 Innovation.

Charting includes 90 indicators, which I was happy to see from Trading Central a collection of trade tools incorporated directly into the framework.

However, comparable to the wealth and complexity of features available in proprietary platforms by manufacturers such as IG, Saxo Bank and CMC market leaders, WebTrader still needs a solution.

Copy Trading: - A continued effort by AvaTrade in growing and strengthening its provision of copy trade has contributed to its success as one of eToro and Pepperstone sector heavyweights.  In the UK, AvaTrade has unveiled AvaSocial, however automatic copying of traders is still not available.

AVA Options: - AvaTrade delivers AvaOptions, its Forex choices desktop and mobile platform for options traders depositing at a minimum of $1k.

The pc version is for Windows only and involves Microsoft's .NET Framework 3.5 SP1 to be installed by consumers. I even considered the layout of the site to be difficult as an experienced trader. The platform is suitable for professionals though it needs some changes to run more smoothly for everyone.

Research:

As to research, AVA Trader delivers average research experiences for its traders. 

In-house Research: - Beyond the daily market analysis videos uploaded on YouTube, which I thought wonderful, AvaTrade does not give a large spectrum of internal research. Sadly, AvaTrade's internal research offering is nothing to be distinguished from the finest forex brokers.

Third-party Articles: - Besides ZuluTrade, the primary centerpiece of AvaTrade's researching offer is Trading Central, apart from DupliTrade for copy trading. Trading Central is fully incorporated into the Web platform of AvaTrade, along with the Market Buzz area, the Analyst Views part and the Economic calendar. The MT5 news also runs from the Trading Central.

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Learning Resources:

AvaTrade offers its own personnel and third-party service providers such as SharpTrader a comprehensive range of learning resources. Ultimately, in our  analysis AvaTrade came second for education in terms of Best in Class 2021.

Articles: - In the starters area there are roughly 60 full length articles and 29 for advanced subjects. AvaTrade, for instance, splits down the major economic data and discusses how central bank pronouncements may impact the markets alongside financial information.

Videos: - Alongside certain platform lessons, a minimum of 48 recordings with good subjects, for example an extensive video describing what is and may be used by a trader on a Donchian channel. AvaTrade also updates several video webinar preserved on its YouTube channel and helps complete its service.

Mobile Trading Platforms:

Fortunately, the Mobile Experience of AvaTrade is outstanding and most consumers are satisfied. Therefore, it gives a head on to category leaders like Saxo Bank, CMC Markets or TD Ameritrade (US residents only).

AvaTrade's unique mobile applications comprise AvaTradeGO and AvaOptions, in addition to the whole MetaTrader suite, featuring MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for Android and iOS smartphones.

AVA TradeGo: - The AvaTradeGo app mimics its Web version and has a comprehensive default synchronisation of watchlists and AvaProtect fluctuation protection functionality. 

This platform enable a trader to lessen its risk of open trade by substantially securing their position by adding a forex choice with extra cost.

The diagram has 93 indicators, and as on the website, Trading Central's embedded research and related resources exist. It's a complete software, particularly for newbies.

AVA Options: - I thought the design of the AvaOptions app outstanding since AvaTrade does not fear taking design risks in order to improve its functionality. For instance, AvaTrade has a unique design that I have found amazing for studying option chains.

Being that I found it difficult to grasp the 'payoff' patterns (visually portrayed). With 14 currency trading methods on hand to pick a choice plan, the order ticket is automatically supplemented with linked options contracts by picking option chains aside.

Another wonderful thing to do is to drive traders up and down the price of their strike.

Final Word:

Furthermore, AvaTrade is characterised by its extensive range of trading platform options in addition to beginning education materials and cryptotrading where it ended the best in its class in 2021.

Included alongside a restricted variety of tradable marketplaces are typical research experience. AvaTrade also offers lower spreads for customers identified in the EU as professional traders.  To open a live account with this broker, click here.

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