AvaTrade Review in Nov. 2023

By Stéphane on 04/11/2023

TrustedBrokers Score

4.7 / 5

AvaTrade is available in the Philippines

77.82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • Markets
    5.0 / 5
  • Trading environment
    4.2 / 5
  • Deposits and withdrawals
    4.7 / 5
  • Investor protection
    4.8 / 5
  • Customer service
    5.0 / 5
Our take on AvaTrade

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.

  • Likes
  • 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.
  • Dislikes
  • You cannot trade on raw spreads.
  • Quarterly and annual inactivity fees.

Easily navigate this review:

5.0 / 5
Markets

AvaTrade's breadth of markets truly sets it apart from the competition. Trade CFDs on over 750 financial instruments across currencies, stocks, ETFs, indices, precious metals, commodities and government bonds on AvaTrade.com.

More

4.2 / 5
Trading environment

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.

More

4.7 / 5
Deposits and withdrawals

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.

More

4.8 / 5
Investor protection

AvaTrade is a broker you can trust, in business since 2006. It is regulated in eight jurisdictions, including the UK, the European Union, Australia, and the United Arab Emirates.

More

5.0 / 5
Customer service

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.

AvaTrade Alternatives
Author

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.