The Forex broker sector is highly congested but only a few companies such as AvaTrade manage to stand out and be on top of the pile. When it comes to accounts, AvaTrade offers only one standard account which you open with a minimum deposit of $100.
A diverse array of spreads
The forex broker firm is reputable for offering the most competitive spreads. You have the option of choosing between fixed and variable spreads which begin at 0.9 pips. Additionally, traders are spoilt for choice because AvaTrade offers a diverse array of orders which include limit, trailing stops, market, entry, advanced, stop loss, one cancels and IF done orders among a long string of order choices.
Exclusive programs and rewards
To facilitate the security of your funds, AvaTrade uses a unique approach in which the money is segregated into accounts. However, if you are in Ireland or the UK you enjoy even more privileges because the company offers spread betting exclusively to its clientele in these regions. However what’s even better is that AvaTrade offers a 21-day demo account which provides beginners with an opportunity to learn the ropes of forex trading.
Additionally, beginners at AvaTrade review enjoy more privileges such as getting a generous deposit bonus ranging from $40 to $200 and can also go up to $10, 000 to $50,000 depending on various factors. There are also special programs such as the Ava select program which rewards clients who make a minimum deposit of $10,000. The package gets even better if you make a minimum deposit of $100,000 because you get a long list of special offers such as express withdrawal approvals, educational programs, a dedicated Avaselect hotline among many other special gifts which make your life as an AvaTrader more fun and less of a chore. Members of the program also get to participate in free online training and live webinars so they can up their trading game and learn the best techniques in the forex market.
Highly responsive customer care team and user-friendly websites
The company is also famous and prides itself on its highly responsive multi-language customer care team which serves about 34 countries by responding to calls, emails and live chats. Deposit and withdrawals are done by wire transfers and also through credit cards such as the Ava debit card which is available for all live account holders. Their website has a user-friendly interface and clients do not need an IT degree or to be computer savvy to navigate it. Clients can navigate it in any language they deem suitable from English, Spanish, Russian, German, French, Arabic and several others. The company operates in a transparent manner and thus clients don’t have to worry about fraudulent activities
Established more than a decade ago in 2006, AvaTrade is among the market leaders in the forex broker’s arena. The company has branches worldwide and just to mention a few of the places it’s situated in include, New York, Sydney, Tokyo, Milan among many others. AvaTrade is regulated by various prominent financial bodies such as the Central bank of Ireland, Japan’s financial services commission, British virgin islands FSC, and Australia’s ASIC. It is also fully licensed by a body of the European Union known as MiFID. AvaTrade prides itself to not only being the first company in the Forex arena to introduce CFD trading on stocks, commodities and also indices but also to being the first one to introduce cryptocurrencies such as Bitcoin in this sector. So much can be said about the company because it has always been setting the pace for other companies, but one thing is sure; AvaTrade is surely a force to reckon in the finance sector.