AvaTrade review and review 2023

AvaTrade review and review 2023

If you are planning to invest money, it is advisable to look into the various options that are available today. But it’s not just about the question of the form of investment, but also about which broker you want to use to become active.

If you are looking for a provider, you will probably come across the broker AvaTrade, founded in 2006. Trading in CFDs as well as foreign exchange is offered here. But what do the AvaTrade testimonials look like?

First of all, it should be mentioned at this point that the homepage of AvaTrade only plays a limited role when it comes to the AvaTrade rating. Because the website may often be a matter of taste here. Only if the homepage was actually programmed incorrectly or designed so confusing that some areas can only be found with luck, this would cause a negative AvaTrade rating in the area of the website. However, it should be noted that there are actually no AvaTrade testimonials that are predominantly negative about the website. All those who want to gain experience with AvaTrade can open the homepage and then look around.

In the course of the AvaTrade test, it quickly became clear that a lot of effort had been put into the homepage. Because the structure is user-friendly and designed in such a way that even beginners will probably have no problems. The structure that was pursued here, which is also proven by one or the other AvaTrade experience, is very logical.

The design may also be convincing. Since AvaTrade has relied on bright colors, a rather friendly impression is conveyed here right from the start.

Another plus point for the AvaTrade review may be the ease of registration. The AvaTrade review has shown that there is only a small amount of personal information to provide here – the entire registration process takes only a few minutes. Verification is not a challenge either. This means that AvaTrade – and this is also proven by the AvaTrade test – has taken care from the very beginning not to put any obstacles in the way in order to be able to address a correspondingly large number of customers.

So if you want to make AvaTrade experience, you will not be prevented from doing so. The provider makes it clear from the beginning that it is a broker for beginners as well as for experienced and professional traders. And this can only be seen as a positive point for the AvaTrade rating.

The AvaTrade test has shown that several account models are offered here, but the AvaTrade experience proves that only the retail account of AvaTrade is made available as part of the registration. This is probably because it is an account model that can be recommended to beginners at the beginning.

The minimum deposit that AvaTrade prescribes may be positive for the eventual AvaTrade review. Because the broker requires just a minimum amount of 100 euros. This means that AvaTrade is well below average, as brokers usually prescribe a minimum deposit amount in the range of 250 euros. Of course, a higher amount can also be paid. However, it is important that you only invest freely available money at the beginning, as you should not underestimate the risks that trading entails.

The AvaTrade testimonials are partly about the fact that there is a professional account in addition to the retail account. However, this account model can only be used after 12 months. In addition, a financial portfolio with a minimum size of 500,000 euros is required. This means that all those who want to work with the professional account not only have to work with AvaTrade for a year but also have the appropriate capital.

An Islamic account is also offered. That is, AvaTrade makes an offer to Muslim traders. This account variant is based on Sharia law.

In conclusion, it can be said that although there are different account models, usually only the classic retail account is available for the private trader. That doesn’t have much of an impact on the AvaTrade valuation; however, it may be noted positively that traders who have been active for over a year and have corresponding assets are offered the opportunity to use another account.

The AvaTrade test shows that different trading platforms are offered here. This means that depending on the preferred financial product, it is possible to work with different platforms. The AvaTrade experience also partly deals with automated trading – this option is also provided by the broker.

The following trading platforms can be used at AvaTrade:

• MetaTrader 4
• MetaTrader 5
• AvaOptions
• AvaTrade GO (App)

Due to the fact that four trading platforms are offered here, you will probably find the right variant for you. Those traders who want to access their account on the go with their smartphone or tablet will also be pleased: The AvaTrade test has shown that the app is a very good application that can be easily accessed from anywhere – this is also proven by one or the other AvaTrade experience.

MetaTrader 4 and MetaTrader 5 are not only the best-known trading platforms but – as the AvaTrade testimonials also prove – are also the most popular ways to speculate on foreign exchange and price developments.

The automated trading function can also be used via MetaTrader. This means that you choose a strategy in advance, carry out the appropriate settings, and watch how automatic action is taken. Furthermore, MetaTrader allows you to work with various indicators and analysis tools and use 1-click trading.

In addition to MetaTrader, AvaOptions gives you the opportunity to work with Forex options. With AvaTrade, there is also a mobile application for smartphones and/or tablets. The app is available for iOS and Android devices and can be downloaded from the respective store at any time. If you use Android, you can find the app in the Google Play Store. If you work with iOS, you can go to the Apple App Store. The installation takes only a few moments and is self-explanatory.

In the end, the fact that there are several trading platforms and an app here may be positive for the AvaTrade review. The AvaTrade experience also proves that they are very satisfied here. There are actually no AvaTrade testimonials that say that the range of trading platforms can be improved.

The fact that AvaTrade may be reputable can already be confirmed at this point. The first indication that a provider is reputable like Consorsbank may be the variety of payment methods. The AvaTrade test has shown that the following payment methods are accepted (in alphabetical order):

• Wire transfer
• Debit card
• Credit card (MasterCard and VISA)
• Neteller
• PayPal
• Skrill
• WebMoney

Above all, the fact that PayPal is offered is a clear sign that AvaTrade is reputable. Because PayPal is meticulous about only being on sites that are reputable. If there is any doubt, PayPal decides not to be available.

Depending on the deposit method chosen, the money is available either after two to four working days, such as a bank transfer, or after a few seconds, such as when using PayPal or a credit card.

It should be noted that there are no AvaTrade fees or AvaTrade costs here. Deposits and withdrawals are available free of charge.

The AvaTrade test has shown that the following withdrawal methods are accepted (in alphabetical order):

• Wire transfer
• cash
• JCB
• Credit card (MasterCard and VISA)
• Moneybookers
• Neteller
• WebMoney

In this case, too, depending on the selected payout option, there may be no or longer waiting times. If you follow the AvaTrade experience reports, the credit is available after a maximum of three working days on the reference account.

The variety of deposit and withdrawal methods is a clear positive point for the AvaTrade review. In addition, it is seen as positive that there are no AvaTrade fees. Another point that has an impact on the AvaTrade rating: The minimum deposit is just 100 euros – that is, AvaTrade shows from the beginning that it wants to be a broker for beginners. This can also be proven by the AvaTrade test.

In order to be able to write a corresponding AvaTrade review, it is of course also necessary to take a look at the customer service in the course of the AvaTrade test. Because again and again questions or difficulties can arise that you want to clarify – and this is where the broker’s employees are in demand.

Customer service is available 24 hours a day, weekdays. Due to the fact that there are also German-speaking employees, even those who have little or no command of the English language will be thrilled.

Contact is made either by e-mail or via live chat.

The AvaTrade experience shows that the employees are friendly and quick and go out of their way to answer questions immediately or solve problems immediately.

Of course, this all has a positive effect on the AvaTrade rating. Here the broker can be quite convincing.

But good customer service, fair AvaTrade fees, and a wide range of products are all worthless points if you don’t know if AvaTrade is reputable. Only if you have been able to convince yourself that AvaTrade is reputable, you should open an account.

First of all, it should be noted that there are no AvaTrade testimonials that say that AvaTrade would be dubious. So if you want to gain AvaTrade experience yourself, you probably don’t have to worry about it here. Especially not because the provider is regulated by the Irish central bank. In addition, AvaTrade owns a few licenses for financial services.

AvaTrade has several branches. For example, AvaTrade Limited is regulated by the British Virgin Island Financial Service Commission, AVA Capital Markets Pty by the Financial Supervisory Authority of South Africa, AvaTrade Japan K.K. by the FSA as well as by the FFAJ and AVA Trade Middle East Limited by the Abu Dhabi Global Market Financial Services Authority. AVA Trade EU, as mentioned earlier, is regulated by the Central Bank of Ireland.

Furthermore, customer funds are kept separate from business assets. The deposit guarantee is 20,000 euros per customer.

The fact that AvaTrade is reputable may not come as a surprise, but it has a strong impact on the AvaTrade rating.

Many brokers score with a demo account – including AvaTrade. However, there is a catch with the AvaTrade demo account. Because the account, which has a virtual credit of 100,000 euros, is only available for 21 days. This means that as a trader you have three weeks to a) get to know the platform and b) try out different strategies.

It may be advantageous to be able to invest safely at the beginning via the AvaTrade demo account or to get to know the market and the platform, but the AvaTrade experience also shows that the limitation of 21 days is rather perceived as disturbing.

AvaTrade scores with some training opportunities that can be recommended especially to beginners.

Ultimately, the additional offers provided by the broker are sufficient. With the AvaTrade demo account, you have to be quick – after 21 days, the safe trial and error is over.

The broker offers classic CFD trading. So if you like to speculate with the price, you may be right here – this is proved, among other things, by corresponding AvaTrade testimonials.

The trade offer

Not only stock indices, but also commodities as well as cryptocurrencies and foreign exchange are available here. AvaTrade offers an extensive variety here, which is sure to convince. If you want to experience CFD trading via AvaTrade, you will be thrilled in the end.

It should be noted that the AvaTrade fees like AvaTrade costs are also convincing in this area. So there are no administration or exchange fees. It should be noted that spreads are variable. The fee model, which is also proven by the AvaTrade test, is fair and transparent. In the end, you don’t have to be afraid of hidden AvaTrade costs.

AvaTrade scores here with a maximum leverage of 30 to 1. It should be noted that trading CFDs is highly speculative. This means that you should always invest only freely available money. The risk should not be underestimated.

The AvaTrade test shows that CFD traders will certainly be thrilled here. However, if you want to experience AvaTrade, it is important to be careful at the beginning – always work with risk-reducing instruments! No matter how promising one or the other forecast or how certain the self-chosen strategy may be – there is no guarantee of profit