Table of Contents
Avatrade Review | Avatrade MT4 Broker
AVATrade MT4 Broker Review
AVATrade MT4 Broker is a trendsetter
was one of the first ones that were offering cryptocurrencies trading on their Metatrader 4 platform to the retail traders. in doing so they set the new standard of what a premium Forex brokerage or Bitcoin Exchange has to offer to its Traders. cryptoCurrencies have become Must Have and as a progressive broker, they lead the way.Instruments.
AVATrade MT4 Broker
AvaTrade MT4 Forex Broker has become one of the true global Retail Brokers that offers its services to traders of all levels. It is a trustworthy broker that has earned a solid reputation. for those that look to start trading Bitcoin or any other financial Instrument, With Avatrade MT4 Trading you could not be in better and capable hands
AvaTrade MT4 Broker | Avatrade has been around long enough to know where their strengths lie. every trader has come across them at one time or another.
What they promise in general they deliver making it one of the more trustworthy partners for those traders that look to stick with a broker for a long period.
AvaTrade Bitcoin Broker was established over 10 years ago in 2006 . During this time they have branched out and are to be found in pretty much every country around the world where there is an active trading community.
This Brokerage is an established brand
that has been active in the forex markets for the last decade since they launched their online trading platform in 2006. The broker has grown rapidly since its founding and houses a loyal clientele of over 20 thousands traders globally over twenty thousand registered customers. These traders place in excess of two million trades each month and generate a total trading volume that surpass $60 Billion per month. In short they are a large broker for Avatrade MT4 is just the next Step
They are headquartered in Dublin, but are a international company catering to trader around the globe. They have offices and sales teams located in Paris, Dublin, Milan, Tokyo, Sydney and New York. They offer 24-hour multilingual support services, multiple platforms and a wide range of trading instruments including Forex, Stocks, Commodities and Indices.
Regulatory Information
Unfortunately, US based traders are not be permitted to use the Forex trading platforms at Avatrade. Traders from most other territories have no issue to trade with Avatrade Bitcoin Trading.
They have been regulated from almost the beginning and hold several different regulations in order to be a truly global player
- Europe:AVA Trade EU Ltd are authorized and regulated by the Central Bank of Ireland (CBI). They are also licensed and compliant with the Markets in Financial Instruments Directive (MiFID). These cover all operations in Europe.
- Australia:Ava Capital Markets Australia Pty Ltd is licensed in Australia by the Australian Securities and Investments Commission (ASIC).
- Japan:Ava Trade Japan K.K. is licensed and regulated in Japan by the Financial Services Agency (FSA).
- International:Ava Trade Ltd is registered as a financial services company in the British Virgin Islands, and is fully regulated by the British Virgin Islands Financial Services Commission (BVI FSC). This enables them to accept clients from international markets.
Avatrade Mt4 Trading Platform and Features
this Broker offers a number of online Forex trading platforms such as AvaTrader and AvaOptions, but most of the trading activity is on the Avatrade MT4 trading platforms which exist out of MetaTrader 4, – Spread Betting, MT4 Floating Spreads, Automated Trading, Mac Trading and Web Trading.
They also provide highly capable mobile versions of AvaTrader Mobile and MetaTrader 4 for both IOS and Android devices. Please see below for a brief overview of each.
- AvaTrader: AvaTrader is AvaTrade’s own proprietary trading software that will allow you to trade Forex and CFD’s with a single click. The platform comes complete with a variety of customisable tools and indicators suitable for complex analysis and testing. It also includes EA compatibility and suits automated trading routines. It is suitable for both novice and expert traders alike.
- MetaTrader 4: This platform needs no introductions. MetaTrader 4 or Avatrade MT4, is the world’s most popular online trading platform. the Avatrade MT4 has a full range of instruments, one-click executions, a full range of stop and limit orders and a wide array of charting and analytical tools. Highly customisable to suit complex needs, yet simple enough even more a novice to get to grips with, MT4 continues to suits traders of all levels.
- MetaTrader 4: Spread Betting: AvaTrade’s “MetaTrader4 – Spread Betting” platform provides the powerful features of MT4 such as automated trading with EAs, signals and advanced charting, with the advantages of Financial Spread Betting. They offer a full range of markets including Forex, Commodities, Indices, Equities, and ETFs, with spreads starting from just 0.9 pips.
- AVAOptions: This Forex platform combines the power and flexibility of Forex Options trading alongside Forex Spot trading and is the first to easily provide over the counter Vanilla Calls and Puts. The platform allows you to trade over 30 vanilla currency options alongside your spot trades. This incredible platform allows you to create precise trading strategies that really match your trading style.
- Mac Trading: Mac users are catered for via AvaTrade’s java-based “Mac Trading” platform. The web-based platform works behind most firewalls and is constantly monitored to ensure fast execution times. Traders can expect real-time live quotes, charts and news, over sixty currency pairs, commodities, Indices, Stocks, Bonds and more. This platform is available to all traders. Simply register on the AvaTrade website and start trading immediately.
- Web Trading: All customers can take advantage of the AvaTrade MT4 trading with the avatrade online platform. The AvaTrader and MetaTrader 4 web-trading platforms are available 24hrs a day, 5 days a week. They are compatible with multiple browsers such as Internet Explorer, Google Chrome, Firefox and Safari, and allow you to trade Forex, Commodities, Indices, Equities, Bonds and ETF’s. In fact, over 200 financial products are offered, including sixty currency pairs and over a hundred CFD products.
One of the best features AvaTrade bitcoin broker offers is their automatic trading package. The package is a part of the trading software. This also gives at the same time the traders access to other services and features. This package was build for traders to get started with the lowest learning curve possible and everything is made so the traders will be able to use the tools easy and fast.
Support Services
The customer service of AvaTrade Bitcoin Broker is one of the better in the industry. It is available in many languages: Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Portugese, Russian, Spanish, Hebrew, Swedish, Turkish, Greek, Polish and Finnish. In order to contact AvaTrade’s customer service traders can either use the live chat on the website, send an email by filling out the contact form on the website, or call the customer service (numbers can be found on their website).
They are available on Livechat and telephone 24hrs a day, 5 days a week, (excludes weekends). Email support is available at all times. Simply email their support team and you can expect a reply within 24hrs.
Bonuses and New Customer Promotions
You may claim $125 to $10,000 in bonus funds at AvaTrade. This is dependent entirely on your initial deposit amount. The bonus funds are credited to your account instantly once your identification has been verified. Please make sure that you have the relevant identification documents at hand when registering your account to ensure a quick and effortless registration.
Banking Options
As an international broker that accepts multiple currencies, the minimum deposit amount does vary by territory. Customers trading in $USD can expect a low minimum deposit of $100 and a maximum leverage of 400:1. Please contact the AvaTrade Live-chat support team for more information on your preferred currency/account type.
Avatrade excels when it comes to offering their clients with deposit methods. Traders may fund their account quickly and easily with a Credit or Debit card. You may also use an impressive selection of compatible online payments solutions including WebMoney, Skrill, Neteller and of course the hugely popular Paypal. Traders that wish to make larger deposits may do so with the option to use Bank Wire Transfers.
Once your account is fully verified, you will benefit from the AvaTrade Bonuses and withdrawals. AvaTrade’s withdrawal process is not automated. Traders will need to fill in an online Withdrawal Form and then submit this to customer services via email or the “Upload Documents” feature found on the “My Accounts” page.
The request will be processed within 48 hours and you will receive an email stating the details of the withdrawal. You will then be credited with your withdrawal amount within five days. Don’t let this manual withdrawal process put you off. The Withdrawal process takes no longer than five to seven days at most and is the industry standard for most brokers transferring money back to traders.
AvaTrade MT4 Broker advantages
To summarize, the main advantages of AvaTrade are the following:
- Appealing promotions and bonuses
- Many opportunities for education
- Reliable and mature broker
- Free demo account
- Large array of trading tools
- Low first deposit requirement of just €100
- Low spread and trading costs
- In-depth market analysis
- Variety of trading platforms
- Stable and reliable trading platforms
Conclusion
From all the brokers that I know and have traded with Avatrade remains one of my favorite now also when they have become a top MT4 cryptocurrency broker I will return to them for trying to trade crypto currencies through their platform. this is a broker that is simply at the top of its game and has found a way to remain there within an enormous competitive market. Besides their package there is no real advantage to this broker and yet we feel that they are apart from the rest.
Avatrade MT4 Broker Details
Broker Details | Info |
Regulated By | ASiC, BVI, FSA(JP), FSB, MiFID |
Headquarters | Ireland |
Foundation Year | 2006 |
Publicly Traded | No |
Number Of Employees | 500 |
Contact Information | Tel:1 212 941 9609 |
Web:https://www.avatrade.com | Email:[email protected] |
Account Type | Info |
Min. Deposit | $100 |
Max. Leverage | 1:400 |
Mini Account | Yes |
Demo Account | Yes |
Premium Account | Yes |
Segregated Account | Yes |
Islamic Account | Yes |
Managed Account | Yes |
Deposit Options | Credit Card, Moneybookers, Neteller, PayPal, Union Pay, Webmoney, Wire Transfer |
withdrawal Options | Credit Card, Moneybookers, Neteller, PayPal, Union Pay, Webmoney, Wire Transfer |
Trader Level | Yes/No |
Beginners | Yes |
Professionals | Yes |
Scalping | Yes |
Day Trading | Yes |
Weekly Trading | Yes |
Swing Trading | Yes |
Customer service and support | Yes/No |
24 Hours Support | Yes |
Support During Weekends | No |
Customer Support Languages | Arabic, English, Finnish, French, German, Hungarian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Swedish |
Instrument Type | Yes/No |
Forex | Yes |
Commodities | Yes |
CFDs | Yes |
Indices | Yes |
ETFs | Yes |
Stocks | Yes |
Bonds | Yes |
Crypto currencies | Yes |
Service | Info |
Supported Trading Platforms | ActTrader, MT4 |
Commission On Trades | No |
Fixed Spreads | Yes |
Educational Service | Yes |
Trading Signals | Yes |
Email Alerts | No |
Guaranteed Stop Loss | No |
Guaranteed Limit Orders | Yes |
Guaranteed Fills/Liquidity | No |
OCO Orders | Yes |
Hedging | Yes |
Trailing SP/TP | Yes |
Automated Trading | Yes |
API Trading | Yes |
Has VPS Services | No |
Trading Forex, Stocks and CFDs carries risk and could result in the loss of your deposit, please trade wisely.
Main competitors
LegacyFX | XM.com | FP Markets | XTB | FX Open | Markets | Profit Trade | FXTM | HYCM
The Review
AVAtrade review
AvaTrade offers a complete online brokerage service that includes the ability to execute transactions in Cryptocurrencies, commodities, equities, indexes, CFDs and ETFs. Not only does this broker support MT4, but their proprietary AvaTrade trading platform is comprehensive, easy to use, and is available in desktop, web and mobile versions.The maximum leverage offered is only 400:1 - which is less than some other brokers - this might turn out to be a safer leverage level for newer traders.
PROS
- Free Online Trading Coach.
- Support available in 14 languages
- Many Cryptos
CONS
- Transferring funds to the account may take up to five days; withdrawals could take up to 10 days
- - Does not accept US traders.