AvaTrade is a regulated Forex and CFD trading company that has been in operation since 2006. Throughout the past decade, the company has carved a niche for itself as an authority in web commerce. This has been partly fueled by their continued appreciation of the immense power unique to online trading. Besides that, the company boasts some of the industry’s most sought-after financial experts. A combination of cutting-edge expertise and the ability to leverage on digital technology are, however, only a tip of the iceberg. The company stands out as one of the widely reviewed Forex trading services providers.
The Legitimacy of AvaTrade
The broker is regulated by the Central Bank of Ireland (Ref Code: C53877) and duly licensed to operate within Europe by the Markets in Financial Instruments Directive (MiFID). It is worth noting that MiFID is the organization in charge of providing a harmonized regulatory environment within the EU economic area. The fact that AvaTrade is ready to present its records and operations to be interrogated by the regulating authorities goes a long way to confirm their commitment to financial transparency.
A review of the company’s physical address reveals that its main headquarters are located in Dublin Ireland. The Forex broker has, however, spread its wings further and wide with branches in Australia, British Virgin Islands, Japan, South Africa, Italy, France, Spain, China, and Mongolia.
Today, AvaTrade is believed to be home to over 200,000 Forex traders drawn from all the four corners of the continent. Further, the company is reported to process over 2 million trades every month.
Blazing the Innovation Trail
Perhaps one of the most admirable aspects of AvaTrade is the fact that they seem really keen on keeping up with the latest developments in trading. Their portfolio is quite diversified and they are reputed for being among the first companies to embrace CFD commodities. Lately, the company has diversified into cryptocurrency trading opening the doorways to Bitcoin trading.
AvaTrade is often reviewed as one of the best online trading platforms for Bitcoin mainly because of its ability to extend numerous bonuses and promotions (up to $10,000 in some instances). In addition, the trading platform offers a wide variety of learning resources to help one understand the rules of the game and how to maximize returns.
Besides that, the company extends live support which is available round-the-clock when the markets are open. Their team is able to respond to queries posted in multiple languages, all thanks to the fact that their offices are spread out in at least 34 countries across the globe.
Anyone with the desire to invest can be a part of AvaTrade. The platform has been designed in such a way that it is accommodating to all levels of traders. So, whether you are a beginner or an experienced trader, you can rest assured that this system has a module to get you moving.
One only needs to sign up and then download the AvaTrader or MT4 trading platform in order to start trading. Being a web-based as well as a software-based trading platform makes AvaTrade easy to access. One can choose to either download the trading software or simply trade remotely on the web. That alone adds a great deal of flexibility to any trader who wants to transact on-the-go. The following review breaks down the different levels of trading provided by this company.
* Demo Trading Account
Much as trading can be a rewarding undertaking; it also presents potential loss-making loopholes. This is a reality every beginner has to contend with and for that reason, AvaTrade has created a free demo account. At this level of trading, one can participate in actual trading but without investing real capital. The company recommends that all traders should build their confidence through demo trading and only proceed to actual trading once they’re familiar with the nitty-gritty of managing investments.
* Live Trading
Once the trader is confident and ready to invest, the platform offers a real trading account. Indeed, because different traders have different trading styles and preferences, the company avails 5 different types of trading accounts. These include:
i.MetaTrader 4 (MT4)
The good news is that each one of these platforms is available on PC, Mac and even mobile devices.
This is an advanced platform that offers traders with a customized trading platform. In order to be part of this VIP program, one has to make a single minimum deposit of USD100,000 and exceed USD100M in trade volume. The window of opportunity for joining AvaTrade is opened on a quarterly basis and it includes benefits such as:
- Tailored educational programs
- Access to company hotline
- Express withdrawal
- Free daily analyses
- Custom trading terms and benefits
* Cryptocurrency Trading
The concept of investing in cryptocurrencies presents one of the most interesting undertakings of the modern days. Indeed, cryptocurrencies such as Bitcoins have grown so much in value and with that comes an opportunity for investors to realize solid returns. This AvaTrade review can confirm that indeed the platform allows one to purchase or offload bitcoins for profit based on market conditions. Bitcoin trading by itself offers numerous benefits. For instance, these cryptocurrencies have grown from what seemed like a joke to what is currently valued at USD18,000. In addition to Bitcoins, the company allows you to trade Litecoin, Dash and Ripple cryptocurrencies. It is, however, worth noting that the company does not accept US customers for cryptotrading.
How to Start Trading
In order to invest with AvaTrade, you need to create an account and deposit a minimum of $100. One is allowed to put a maximum leverage of 400:1 – the higher the leverage, the higher the returns and likewise, the higher the risks. One impressive aspect of AvaTrade is that they have made it incredibly easy to deposit and withdraw funds as this can be done either through PayPal, Moneybookers, WebMoney or Neteller. One can also apply for an Ava Debit Card which makes it even much easier to transact without having to bother with extensive paperwork.
AvaTrade has been on the trading markets for slightly over one decade. Throughout the years, the company has made a name for itself by remaining consistent and steadfast in providing a platform of growth for investors. Given that the company is registered and licensed to transact as an international broker, it provides an outstanding choice for prospective traders who would like to be part of a flexible and intuitive trading platform. Different AvaTrade review postings laud this as one of the revolutionary approaches to Forex and CFD investment available out there.
Learn more about AvaTrade and read customer reviews: http://www.avatrade.com/about-avatrade