AvaTrade Overall rating
Rating | Weight | |
User Rating |
4.2 (31 reviews)
|
3 |
Popularity |
3.9
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
3.0
|
1 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
Pros
- Regulated by multiple authorities worldwide
- High user rating of 4.2 out of 5
- Well-established, founded in 2006
- Wide range of tradable instruments
- Popular trading platforms like MetaTrader 4 and 5
- 1,138,802 organic monthly visits indicating popularity
- Provides segregated client money
Cons
- Not publicly traded
- Does not provide its financials publicly
- Moderate swap rates compared to industry leaders
- Higher spreads in some asset classes
We tested AvaTrade using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it. We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.
Trustworthiness & Regulation
AvaTrade, founded in 2006, is regulated by multiple authorities worldwide, including AU ASIC, JP FSA, ADGM FRSA, IE CBI, ZA FSCA, and BVI FSC. With a high user rating of 4.2 out of 5 from 31 total user reviews, 29 of which are from verified real trading accounts, AvaTrade is ranked 27th out of 827 forex brokers based on user ratings and 46th based on expert ratings.
The broker receives 722,642 organic monthly visits, ranking 34th out of 827 forex brokers for organic traffic. Despite being a privately owned company that does not provide its financials publicly, AvaTrade is popular and well-established. However, it is important to keep in mind that even highly regulated and successful financial firms have failed in the past.
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Ava Capital Markets Australia Pty Ltd | 30 : 1 | |||||
Ava Trade Japan K.K. | 25 : 1 | |||||
Ava Trade EU Ltd | up to €20,000 | 30 : 1 | ||||
Ava Capital Markets Pty | 500 : 1 | |||||
Ava Trade Middle East Ltd | 30 : 1 | |||||
Ava Trade Ltd | 3000 : 1 |
Deposit Insurance
Deposit insurance is a critical aspect of financial trading, providing a safety net for investors if a broker or authorized financial firm fails. AvaTrade offers deposit compensation schemes under some of its regulatory frameworks, such as the IE CBI, which compensates investors in the event of firm insolvency.
However, it does not provide deposit compensation under all its regulatory bodies. It is essential for traders to understand which regulatory frameworks and compensation schemes apply to their accounts to ensure the safety of their funds.
Spreads and Costs
AvaTrade offers spreads and costs that are generally in line with industry standards, though some asset classes may have higher spreads compared to leading brokers.
For example, their average forex spread is 1.98, which is competitive but higher than some market leaders like IC Markets. Overall, AvaTrade provides reasonable trading costs for most traders.
Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers
Broker - Account Type | Crypto Average | Forex Average | Indices Average | Commodities Average |
AvaTrade – Standard | 56.10 | 1.98 | - | - |
Exness – Standard | 22.64 | 2.22 | 7.07 | 0.12 |
IC Markets – Standard | 9.10 | 1.54 | 1.12 | 0.10 |
ThinkMarkets – Standard | 16.89 | 2.06 | 1.59 | 0.14 |
Admirals – Trade | - | 2.65 | - | 0.19 |
Oanda – Standard | - | 2.43 | - | - |
Forex.com – Standard | - | 3.05 | - | - |
Note: Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD). Data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.
Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types.
Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments.
Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.
Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers
Broker - Account Type | BTCUSD | ETHUSD | EURUSD | USDJPY | GBPJPY | EURGBP | AUDNZD | CADCHF | AUS200 | US30 | XAUUSD | XAGUSD |
AvaTrade – Standard | 106.86 | 5.35 | 0.92 | 1.49 | 2.99 | 1.23 | 3.10 | 2.13 | - | - | - | - |
Exness – Standard | 38.87 | 6.40 | 1.29 | 1.87 | 3.89 | 1.98 | 2.63 | 1.62 | 6.41 | 7.74 | 0.20 | 0.05 |
IC Markets – Standard | 15.19 | 3.00 | 0.87 | 1.19 | 2.16 | 1.37 | 2.27 | 1.38 | 1.28 | 0.95 | 0.17 | 0.02 |
ThinkMarkets – Standard | 31.92 | 1.80 | 1.12 | 1.32 | 2.24 | 1.98 | 3.67 | 2.00 | 1.47 | 1.71 | 0.24 | 0.03 |
Admirals – Trade | - | - | 0.96 | 1.53 | 2.88 | 1.15 | 4.17 | 5.21 | 3.57 | - | 0.35 | 0.03 |
Oanda – Standard | - | - | 1.46 | 1.77 | 3.80 | 1.36 | 3.40 | 2.80 | - | - | - | - |
Forex.com – Standard | - | - | 1.41 | 1.71 | 4.34 | 1.51 | 5.23 | 4.08 | - | - | - | - |
Comparison to other Brokers
AvaTrade, established in 2006, is a well-regulated and popular broker. It stands out with its high user rating of 4.2 out of 5, indicating strong customer satisfaction. Compared to industry-leading brokers like IC Markets and Exness, AvaTrade offers competitive forex spreads but has higher spreads in other asset classes.
AvaTrade's regulatory framework includes several top-tier authorities, adding to its credibility and trustworthiness. However, unlike some competitors, it does not provide deposit compensation under all regulatory bodies and does not publicly disclose its financials. AvaTrade's swap rates are moderate, with better rates offered by brokers like IC Markets and ThinkMarkets.
Overall, AvaTrade is a robust choice for traders, particularly those who value regulation and user experience.
Trading Platforms - Mobile, Desktop, Automated
Platform | Device | Automated Trading |
MetaTrader 4 | Desktop, Mobile, Web | Yes, MQL4 (Easy) |
MetaTrader 5 | Desktop, Mobile, Web | Yes, MQL5 (Moderate) |
AvaTrade App | Mobile only | No |
AvaOptions | Mobile only | No |
AvaSocial | Mobile only | No |
AvaTrade offers a range of trading platforms to suit different trader needs. MetaTrader 4 (MT4) is available on desktop, mobile, and web, supporting automated trading through MQL4, which is known for its ease of use. MetaTrader 5 (MT5), also available on desktop, mobile, and web, supports more advanced automated trading through MQL5, which offers greater functionality but is slightly more complex to learn.
The AvaTrade App is designed for mobile trading, offering a user-friendly interface but does not support automated trading. Each platform provides robust charting tools, with MT5 offering more advanced features and indicators compared to MT4.
Overall, AvaTrade's platform offerings cater to both novice and experienced traders, with strong support for automated trading on MT4 and MT5.
What Can you Trade?
Asset Class | Number of Instruments |
Forex CFD | 60 |
Crypto CFD | 16 |
Stock CFD | 600+ |
Stock Index CFD | 23 |
Commodities CFD | 27 |
ETFs | 60 |
Bond CFD | 2 |
Futures CFD | - |
AvaTrade offers a wide range of tradable instruments, including 60 forex CFDs, 16 crypto CFDs, over 600 stock CFDs, 23 stock index CFDs, 27 commodities CFDs, 60 ETFs, and 2 bond CFDs. These instruments are traded as CFDs, meaning you do not own the underlying asset but speculate on its price movement.
Trading CFDs allows for leverage, which can amplify both gains and losses. AvaTrade's leverage offerings vary by instrument and regulatory jurisdiction, providing flexibility for different trading strategies. For detailed information on the specific instruments available, visit AvaTrade's website.
Available Leverage
AvaTrade offers different leverage levels depending on the instrument and regulatory jurisdiction. Retail clients can access leverage up to 30:1 in regions like Australia and the European Union, while higher leverage ratios up to 500:1 are available in South Africa.
For more volatile instruments like cryptocurrencies, leverage is generally lower to mitigate risk. It's essential for traders to understand the leverage applicable to their accounts, as it significantly impacts trading risk and margin requirements.
Prohibited Countries
AvaTrade cannot open client accounts in certain countries due to regulatory restrictions. These prohibited countries typically include the United States, Belgium, and Iran, among others. Traders should check AvaTrade's website or contact customer support for a complete and updated list of restricted countries to ensure they can open an account from their location.
AvaTrade Account types
MT4 Pip Rebate | MT4 Spread Rebate** | |
Maximum leverage | 30:1 CBI, 400:1 Others | |
Mobile Platform | MT4 Mobile | |
Trading platform | MT4, MT5 | |
Spread Type | Fixed Spread | Variable Spread |
Minimum Deposit | 100 | |
Minimum Trade Size | 0.01 | |
Trailing Stops | ||
Scalping Allowed | ||
Hedging Allowed | ||
Islamic Accounts |
MT4 Pip Rebate | |
Maximum leverage | 30:1 CBI, 400:1 Others |
Typical Spread | 0.9 |
Trading platform | MT4MT5 |
Mobile platform | MT4 Mobile |
Spread type | Fixed Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
MT4 Spread Rebate** | |
Maximum leverage | 30:1 CBI, 400:1 Others |
Typical Spread | 0.9 |
Trading platform | MT4MT5 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
AvaTrade Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
Websites |
avatrade.com
|
Organic monthly visits | 696,051 (99%) |
Organic traffic rank | 37 out of 941 (Forex Brokers) |
Paid monthly visits | 5,078 (1%) |
Total monthly visits | 701,129 |
Bounce rate | 45% |
Pages per visit | 5.73 |
Average visit duration | 00:04:06.1140000 |
AvaTrade Profile
Company Name | Ava Capital Markets Ltd |
Categories | Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates |
Primary Category | Forex Brokers |
Year Founded | 2006 |
Headquarters | Ireland |
Office Locations | Australia, Chile, China, France, Ireland, Italy, Japan, Mongolia, Mexico, Malaysia, Poland, Saudi Arabia, South Africa |
Account Currency | AUD, EUR, GBP, JPY, USD |
Client funds bank | ANZ Bank, Danska Bank, Natwest Bank |
Support Languages | Arabic, Chinese, English, Dutch, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Turkish, Swedish, Afrikaans, Mongolian |
Funding Methods | Bank Wire, Credit Card, Neteller, PayPal, Skrill, Webmoney, Boleto Bancario |
Financial Instruments | Futures, Forex, Shares, Indices, Bonds, Oil/Energies, Cryptocurrencies, Metals, ETFs, Soft Commodities (coffee, sugar...) |
Prohibited Countries | Iran, United States |
AvaTrade User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
AvaTrade Cashback rebates
MT4 Pip Rebate | MT4 Spread Rebate** | |
Forex | 0.46 Pips | 30% Of The Spread |
Bonds | 0.46 Pips | 30% Of The Spread |
Oil / Energies | 0.46 Pips | 30% Of The Spread |
Metals | 0.46 Pips | 30% Of The Spread |
Indices | 0.46 Pips | 30% Of The Spread |
Soft commodities (coffee,sugar...) | 0.46 Pips | 30% Of The Spread |
ETFs | 0.46 Pips | 30% Of The Spread |
Payment Options |
Monthly Cash Back
|
MT4 Pip Rebate | |
Forex | 0.46 Pips |
Bonds | 0.46 Pips |
Oil / Energies | 0.46 Pips |
Metals | 0.46 Pips |
Indices | 0.46 Pips |
Soft commodities (coffee,sugar...) | 0.46 Pips |
ETFs | 0.46 Pips |
Payment Options |
Monthly Cash Back
|
MT4 Spread Rebate** | |
Forex | 30% Of The Spread |
Bonds | 30% Of The Spread |
Oil / Energies | 30% Of The Spread |
Metals | 30% Of The Spread |
Indices | 30% Of The Spread |
Soft commodities (coffee,sugar...) | 30% Of The Spread |
ETFs | 30% Of The Spread |
Payment Options |
Monthly Cash Back
|
Notes
** Rebates are not paid on the percentage of a trade using bonus money as margin.
Rebates are not paid to:
- Residents of EU, UK, New Zealand, Israel, Hong Kong, Singapore.
- Accounts registered with: Japan FSA, Israel ISA entities
What are AvaTrade rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do AvaTrade rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much AvaTrade rebates can I earn?
AvaTrade Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Ava Capital Markets Australia Pty Ltd | 30 : 1 | |||||
Ava Trade Japan K.K. | 25 : 1 | |||||
Ava Trade EU Ltd | up to €20,000 | 30 : 1 | ||||
Ava Capital Markets Pty | 500 : 1 | |||||
Ava Trade Middle East Ltd | 30 : 1 | |||||
Ava Trade Ltd | 3000 : 1 |
AvaTrade Symbols
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