AVA Trade
- Telephone: +1-212-941-9609
- Established: 2006
- Regulation: FSC, IFSC, SCB
- U.S. Clients Allowed: NO
- Min Initial Deposit: €100
- Max Leverage: 400:1
- Spreads From (EUR/USD):0.8 Pips
- Pairs Offered: 60+ Pairs
Review
Features and Account Types Traders on AVA Trade can register for a demo account to familiarize themselves with the trading platform and determine preferences or a live account to start trading with actual funds immediately. AVA Trade does not offer special tiers for accounts and all accounts are treated equally, whether a user is a beginner or an experienced trader that has profited substantially from using the platform.
A feature that is unique to AVA Trade is its automated trading package which comes along with the trading software client. This trading package includes the ZuluTrade system, which is the broker’s own auto-trading system that works with algorithms and various APIs. The system enables traders to develop their own forex automation solutions per preferences and has not been replicated by any other forex brokerage firm available. Users trading with AVA Trade are able to trade CFDs, ETFs, stocks, oil, Bitcoin, gold, forex, spreads and beyond.
Trading Platforms Multiple trading platforms are available which include MetaTrader 4, AvaTrader, AvaOptions, Web Trading, Automated Trading, and more. Software clients such as the MetaTrader 4 client can be downloaded to PC or mobile devices, while options such as Web Trading enable users to trade within any web browser as long as they have a solid Internet connection. AVA Trade also offers specific software clients for trading via Mac since some software options do not offer support outside of PC.
Deposits/Withdrawals A number of payment methods are accepted by AVA Trade when seeking to make deposits. These payment options include debit card and credit card, bank transfer, PayPal, Neteller, MoneyBookers, WebMoney, and similar services. Withdrawals are handled similarly to other broker services and can be attained using online payment methods or bank transfers. Bank transfers typically take 3 to 4 days to process payment upon approval. AVA Trade also offers the AVA Debit Card for withdrawals, which enables users to withdraw funds without paperwork. However, this method can take up to five days for received funds to become available upon approval.
Promotions AVA Trade offers a limited time welcome offer that is based upon the amount of money the user deposits into their account upon registration. This offer can range anywhere from 100% to $10,000 depending upon how much money has been deposited upon signing up.
Customer Support AVA Trade features a customer support team that is available 24 hours a day, 5 days a week during typical market hours. The team is able to provide customer support in 12 languages to help meet the needs of traders from multiple regions. Customer support can be contacted via email, live chat, or telephone. An FAQ is also provided to help answer questions as needed.
Awards AVA Trade has won numerous awards over the years, including four awards in 2015. These awards included “Comfiance 2015”, “Best Affiliate Program”, “Best Broker 2015 AvaTrade”, and “Best Forex Broker by ForexTraders”.
Conclusion The extensive versatility of AVA Trade’s platforms makes this a good option for traders that have developed certain preferences or beginners that are still learning what their trading preferences are. Customer service is easy to contact and provides prompt assistance. Due to the educational nature of automated trading options provided by AVA Trade, this is a selection that even beginners can benefit from using.
