AvaTrade Review in Nov. 2023
By Stéphane on 04/11/2023
AvaTrade is available in Brunei
- Markets5.0 / 5
- Trading environment4.2 / 5
- Deposits and withdrawals4.7 / 5
- Investor protection4.8 / 5
- Customer service5.0 / 5
AvaTrade is an award-winning online broker, in business since 2006. Trade CFDs on one of the widest possible range of instruments and asset classes, from Forex to ETFs and government bonds.
The breadth of assets available to trade through its platform sets AvaTrade apart from the competition. You'll find over 750 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.
AvaTrade supports the MT4 and MT5 platforms, available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. AvaTrade's spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.
Its customer service is excellent too. Every time a question has arisen, we've been able to speak to a customer support agent easily through a local telephone number. Our queries were resolved within minutes. AvaTrade support is available five days a week through various channels, including WhatsApp.
- Over 750 financial instruments on MT4/5.
- Get free daily trading signals.
- Easily copy professional traders.
- No fees on deposits or withdrawals.
- Get one-on-one assistance when you deposit US$1,000.
- You cannot trade on raw spreads.
- Quarterly and annual inactivity fees.
Easily navigate this review:
AvaTrade's trading environment will appeal to all, but especially beginners. Trade on low fixed spreads through MetaTrader 4 or 5. Protect yourself against loss-making trades through AvaProtect™. Or easily copy professional traders.
AvaTrade charges no fees on deposits or withdrawals. You can start trading from a low $100 deposit, that will be instantly credited to your account if you pay by card. But watch out for inactivity fees.
Customer support is one of AvaTrade's strengths. It's available 24/5 by chat, email, WhatsApp, and phone. Its telephone support, available through over 40 local phone numbers, is excellent. Every time we've called, we were able to speak to an operator in seconds. And if you deposit US$1,000 or more, you'll also get a personal account manager.
Are you looking for an alternative to AvaTrade? See how AvaTrade compares against each of the following brokers.
About the author
I'm Stéphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.