AVATRADE (AvaFX) review

Web: www.avatrade.com

Ava is a global company with offices in Paris, Dublin, Milan, Tokyo, Sydney, New York and is regulated by the Central Bank of Ireland and other local institutions around the world. Avatrade was previously known as Ava Fx. Avatrade have their own proprietary platform and also a vast array of platform variations including their own social trading platform “Mirror trader”, possibility to connect Zulu Trade, web based platform also for Macs and mobile platforms.

Detailed rating

Reliability

54%

Stability

61%

Spreads

62%

Service

68%

Awards

2013 Security of funds Excellence award (investing.com)
2011 Best Execution Broker (World Finance Exchanges and Brokers)
2011 IBTIMES Excellence Award

`Key figures`

Founded: 2006
Headquarters: Dublin, Ireland
Regulated by: Central Bank of Ireland, Markets in Financial Instruments Directive (MiFID), Australian Securities & Investments Commission (License No.: 406684), Financial Services Agency (Japan, License.: 1662), the Financial Futures Association of Japan (License No.: 1574) and the Commodities Futures Association of Japan.
Minimum Deposit: $100
EUR/USD spread: 3 pips
Maximum Leverage: 1:400 (Metatrader),1:200 (Avatrader)
Money Withdrawal: 5 working days
Commissions: No*
Payment options: Bankwire, Paypal, Neteller, Moneybookers, Moneygram
Withdrawal options: Bankwire, Paypal, Neteller, Moneybookers, Moneygram
Contacts: Toll-Free USA &Canada 1 888 5413720 , Int-l 1 212 941 9609

* Fees may apply for holding positions overnight and over-weekend

Pros

Fixed Spreads
Hundreds of instruments to trade – currencies, shares, oil, gold and other commodities
Fully customisable platform
24h customer support
Vast Choice of leverages
Exclusive market news and analysis
Multiple auto and social trade options (Zulu Trade, Mirror trader)