AvaTrade is quite an interesting broker with an emphasis on regulation, asset diversification and customer protection. The broker is regulated by 8 major corporations in 5 continents including countries like Ireland, Japan, South Africa and more. AvaTrade also offers up to 600+ assets only including stocks and indices, but it also offers ETFs, bonds, cryptocurrency, Forex and commodities. It’s also worth mentioning that it has a unique feature called AvaProtect, where a trader can protect a specific trade for up to one million dollars in losses.
On the flip side, one of the few drawbacks we can mention of AvaTrade is that it has both an inactivity fee and a service fee which go for $50 and $100 respectively, charged after each 3 and 12 successive months of non-use of any account.
Overall, AvaTrade is a great option for those traders who are looking to calculate every little risk and avoid it or retract if possible. It has an unique variety of both assets and platforms for each and every type of active trader. So, if you’re looking for a lot of asset variety and for a way to stop possible losses, AvaTrade is one of the best brokers out there, scoring a total 89/100.
However, AvaTrade is not the best broker out there, but only by a little bit. That spot was taken by Capital.com, scoring a total 91/100 with a total of 2,000+ stocks, ETFs, bonds, cryptocurrency and more. Capital.com is a beginner-friendly broker that has as much depth as you may need, fitting for both experienced and beginner traders. So, with a 20$ minimum deposit you can get started on your next $0 trading commission broker journey, are you ready?
|Ease of Use||10|
|Deposit & Withdrawal Options||10|
|Demo Account & Educational Resources||9|
|Safety & Regulation||10|
Whether you’re a beginner or an experienced trader, you’ve probably found yourself in a position where you’re not exactly benefitting from your broker. Even then, after recognizing that fact, the choice to make the jump to a new broker isn’t less daunting than before. For that same reason, we’re here reviewing the biggest names in the broker industry, in order to give you a bit of insight on the decision you’re about to make. So, without further ado, let’s get into today’s review.
An Introduction To AvaTrade
AvaTrade is a broker that was founded in 2006 with a clear goal in mind, inspiring confidence in people who want to trade. This is a feature that becomes clear once you get to know that AvaTrade is regulated by 8 of the most important corporations in the whole world. Not only that, but Avatrade is also known for offering one of the widest repertoires of trading assets, including 600+ stocks, 23 indices, 55 currency pairs, 44 Forex options, 19 commodities, 2 bonds, 31 ETFs and 11 cryptocurrencies.
One of the main features that make AvaTrade a reliable broker is that its main regulatory entity is the Central Bank of Ireland (CBI). This means that whenever you sign up with this broker, you’ve got a pretty important bank to back you up. Not only that but the broker also emphasizes customer protection with special risk management tools, one of those protecting traders for up to $1,000,000.00. So, let’s keep delving into the specifics of AvaTrade.
Currently, AvaTrade is available in 150+ countries, including the following regions:
- South Africa
- South America
- Middle East
However, there’s not a clear list of countries where AvaTrade is available. But with that said, let’s keep going!
Pros & Cons
- Huge variety of stocks and indices, reaching 600+ assets without including other instruments.
- Available in over 150+ countries.
- Regulated by 8 organizations from all over the world.
- $0 Commissions when placing trades.
- Includes all major assets like ETFs, bonds, cryptocurrencies, commodities and more.
- Customer support available in over 20 languages.
- Offers several educational resources for both beginner and experienced traders.
- Special feature that protects trades for up to $1,000,000 in losses for a fee.
- Uses MetaTrader as its main desktop trading platform, which lets it offer a demo account.
- Spreads are always based on percentages, which means that the more expensive the asset, the more expensive the spread is going to be.
- Phone support is relatively hard to reach.
- The mobile app is only available in English.
- Your first withdrawal needs to be 200% of what your first deposit was.
- Only EU traders are protected with negative balance protection.
- Has both an inactivity and a service fee of $50 and $100, which will be charged after each consecutive inactivity period of 3 and 12 months respectively.
- Demo account is time-limited to 21 days.
- The signup process is not instant and usually takes 1 day to verify a new account.
AvaTrade’s Account Types
Technically, this broker offers up to 4 different types of accounts, which is a pretty manageable number. The good thing about this is that the account type you choose doesn’t limit what kind of assets you can trade. The four types of accounts available are the following:
- Standard account
- Corporate account
- Islamic account
- Professional Trading account
The main differences from the standard account are only noticeable in the Islamic and Professional accounts. The Islamic offers free swaps, while the Professional has higher base leverage than the standard account, but that’s as far as differences go. However, opening a Professional account requires you to have relevant experience, trading activity in the past 12 months and at least a €500,000.00 portfolio value.
#1 AvaTrade Fees: Not Completely Free
A feature that gets the most attention when talking about AvaTrade is that it’s a 0$ commission broker, and that’s true, but it’s spread prices are not as narrow as other brokers’. This is due to the fact that AvaTrade’s spreads are based on percentages on the price of the asset, which means that if an asset rises in price, so will the spread.
AvaTrade is also known for not having deposit or withdrawal fees, which is awesome. However, the broker does have 2 kinds of inactivity fees, an inactivity and a service fee. The inactivity fee bears a $50 surcharge from the account’s balance and will repeat itself after 3 consecutive months of inactivity. The service fee consist of a $100 surcharge that will appear after each inactivity period of 12 months. Bear in mind that the fee will always remain the same amount independently of the currency in which the account was funded (USD 50 = EUR 50 = GBP 50).
So, overall AvaTrade does a really good job to claim that it has low trading fees since they’re incorporated into the market prices. It also helps a lot that these prices are not inflated so much, but this depends widely on the current price of the asset. A couple of things we don’t find to our liking are the inactivity and service fees, but otherwise, a solid performance in this category.
AvaTrade Fees Score: 9/10
#2 Signup Process
During our use of AvaTrade, we found the signup process to be surprisingly fast. For a broker that’s headquartered in Ireland and regulated in 6 other regions, we can actually say that taking a single business day to create and verify our account was actually pretty fast. In order to create your account, you’ll only need your email, but to verify your account you’ll need to input the following data:
- Full name
- Official international ID
- Country of residence
As we had mentioned, between account creation and verification the whole process lasts around 1 full business day. This is not the fastest signup process out there, but because of how simple it is, taking into account all the regulation AvaTrade is subject to, we think this is an acceptable waiting time. Another solid performance of the broker in this category.
AvaTrade Signup Process Score: 9/10
#3 Minimum Initial Deposit
AvaTrade’s minimum initial deposit to get started into trading is $100 or 100 of the account’s base currency. This is an overall fairly low deposit when compared to other brokers that can get to ask 2, 5 times or even more than that amount. So, whether you choose USD, EUR, GBP or AUD as a base currency, you’ll have to shell out 100 of those to start trading in AvaTrade, which is not bad at all.
Here’s a small table of other similar broker’s minimum initial deposits:
|Minimum Initial Deposit Comparison||Minimum Deposit|
As you can see, not the lowest deposit ever, but still a fairly low amount for such a competitive scene. Really good performance of AvaTrade in this category as well!
AvaTrade Minimum Initial Deposit Score: 10/10
#4 Ease of Use: If It Ain’t Broke Don’t Fix It… But Some Innovation Is Okay
As with other similar brokers we’ve reviewed on other occasions, AvaTrade also uses MetaTrader 4 and 5 as its main desktop platform for trading. But contrary to those other brokers, AvaTrade developed its own web and mobile platforms. The web platform receives the name of Web Trader and even though it sounds generic, it has AvaTrade’s design all over it, making it very recognizable and pleasing to look at. The mobile platform is called AvaTrade Go and it’s basically a mobile version of the Web Trader with an exclusive and very important feature.
How Efficiently Does It Feel To Trade?
As we’ve described in other reviews, MetaTrader is one of the leading platforms out there when it comes to Forex and Stock trading. It makes sense for AvaTrade to choose it as its main desktop platform just for the range of customizability that the software offers, including custom indicators, watchlists and charting. However, even though MetaTrader 4 and 5 might be excellent at what they do, the software falls a little short in the user interface, looking a bit plain and outdated.
Instead, the Web Trader and the AvaTrade Go app have a lot more visual flair to it, feeling visually better to use than MetaTrader. However, these apps lack the unique customization aspect that MetaTrader has. The Web Trader is available in more languages and is overall the most beginner-friendly of them all. Instead, the mobile app is only available in English, but it has an exclusive feature called AvaProtect, which can reimburse any losses from a specific trade for a certain fee.
Overall, MetaTrader 4 and 5 are especially suited for experienced traders with a focus on charting and customizability. Instead, the Web Trader is the best option for first time traders who are looking to understand the market bit by bit. We then have AvaTrade Go, which is the middle ground platform for users who like visual flair and taking big risks while being protected at the same time by AvaProtect (more on this later). It’s worth noting that the mobile app has a current score of 4.4 stars on both Apple and Google Play Stores.
AvaTrade’s options to trade don’t stop there, with other four platforms being available for certain functions of this broker. Take a look at them:
Social Trading Platforms
A feature that’s been recently getting a lot of attention is social trading, also known as copy trading. This process consists of being able to see what trades are other people, including friends, family, or even expert traders, doing in order for you to replicate those trades. This simplifies trading in of itself by a whole lot, but sometimes these platforms need a minimum initial deposit and even charge a fee to replicate those same trades, which is the case here.
The platforms available for social trading are:
- DupliTrade, compatible with MetaTrader 4
- ZuluTrade, compatible with your AvaTrade account
- MQL5, compatible with MetaTrader 5
All these platforms serve to offer a different way to trade for those who are looking for a more simple and social experience.
Options Trading Platform
AvaTrade also has the availability to offer Options on Forex, but its main platforms can’t be used to trade that asset specifically. So, AvaTrade developed its own desktop and mobile platforms for this, called AvaOptions.
The desktop version of AvaOptions bears a visual interface akin to that of MetaTrader, which is not a compliment, but the mobile version looks and works okay. Although, bear in mind that the mobile versions of the app have a current score of 3.3 stars both on Google and Apple play stores, which doesn’t bode too well for its reputation.
Either way, AvaTrade offers a wide range of options when it comes to how you want to trade. Whether you’re a beginner, an experienced trader or even a conservative risk-taker, AvaTrade has a platform to suit your trading style. Another category where the broker performs solidly.
AvaTrade Ease of Use Score: 10/10
#5 AvaTrade Deposit & Withdrawal Options
While looking for a new broker in which to use as your main trading house, one of the most important things to look for is its deposit and withdrawal options. There’s not a worse feeling out there than making some profit and then not being able to withdraw your earnings in the way you want to. This leads to dealing with fees and other payment methods you might be unfamiliar with, making the whole process a slog.
AvaTrade has three main ways in which you can deposit and withdraw your earnings, which are:
- Credit and Debit cards
- Electronic wallets (Skrill, WebMoney and Neteller)
- Wire transfers
However, the electronic wallet method is not available for either European nor Australian clients, so that’s a bummer. It’s also worth noting that deposits for Credit and Debit cards are usually credited instantly into the account balance while electronic wallet and wire transfer deposits usually take 24 hours and up to 7 business days respectively.
Before we end this category on a high note it’s worth noting that withdrawals in AvaTrade are not as seamless as in other brokers. Due to the high regulation that this broker faces from a customer protection standpoint, withdrawals need to go through a special process in order to avoid money laundering. That’s why your first withdrawal needs to be 200% of your initial deposit and the funds must be withdrawn to the same place where they originally came from. It is then that other withdrawal methods may be added to your account.
We’re lucky that AvaTrade doesn’t have an enormous minimum deposit requirement since earning $100 is way easier than earning $1,000. Also, these withdrawals tend to usually take between 1 to 2 business days independently of the method you choose.
On the general side of things, AvaTrade covers the deposit and withdrawal options we consider as the most necessary. It does have a somewhat queer withdrawal method, but that’s understandable considering the strict regulation it faces. Another solid development in this category as well.
AvaTrade Deposit & Withdrawal Options Score: 10/10
#6 AvaTrade Customer Support: Pretty Supportive!
Due to the fact that AvaTrade is available in a wide variety of countries, it needs to be able to support all the queries these international customers might need. Currently, the broker supports up to 20 languages on its main site, some of those extending to the three main ways of customer support, including phone, email and live chat support. Here’s a list of all the phone numbers in which you can get in contact with AvaTrade:
|Argentina: +(54)1152460420||Greece: +(30)2111984889||Norway: +(47)21031397|
|Australia: +(61)272018721||Hong Kong: +86 400 050 7282||Poland: +(48)122518098|
|Austria: +(43)720022655||Hungary: +(36)19989828||Portugal: +(351)308800273|
|Bahrain: 97316199033||International: +353766705834||Romania: +(40)312297018|
|Brazil: +(55)6140427290||Ireland: +(353)766705834||Russia: +(7)4950493908|
|Chile: +569 5492 7149||Italy: +(39)0289038621||Singapore: +(65)8001205170|
|China: +86 400 050 7282||Korea: +827047326715||Slovenia: +(38)617778294|
|Colombia: +(57)15800498||Kuwait: +96522069115||South Africa: +(27)105941353|
|Cyprus: +(35)725030235||Malaysia: +(60) 378903866||Spain: +(34)911876460|
|Denmark: +(45)78755456||Mexico: +(52)5585250780||Sweden: +(46)844687023|
|Finland: +(35)8942723482||Mongolia: +97676090909||Switzerland: + (41)225510054|
|France: +(33)170702052||Netherlands: +(31)858887467||Taiwan: +86 400 050 7282|
|Germany: +(49)8006644879||Nigeria: +(234)14406181||United Kingdom: +(44)2039661934|
The English desk is open Monday through Friday between 05:00 AM – 09:00 PM GMT. Instead, the International desk is open in the same days between 06:00 AM – 03:00 PM GMT and includes support in the following languages:
However, during our use of AvaTrade and most of its features, we found out that what really shines here is live chat support. No waiting on the phone, no waiting for an email or anything, just chatting with an operator is the best way to get some feedback if you ever need it in AvaTrade. While using AvaTrade we found phone support is somewhat hard to get ahold of and their email address is not publicly listed in their official site.
On the general side of things, AvaTrade has a multitude of options to cover most clients in a specialized manner. They also provide dedicated account managers, but they’re only available for people who make a $1,000 deposit or more. Either way, whether you can afford a manager or not, you’re going to have a lot of options to get in contact with AvaTrade in case you need it. But again, do prioritize live chat if you can.
AvaTrade Customer Support Score: 10/10
#7 AvaTrade Asset Classes
Now we’ll go through one of the most important parts of a broker, its available assets. And we gotta admit, AvaTrade will probably surprise you.
Stocks & Indices
One of the most amazing features of AvaTrade when talking about its assets is just the sheer number of instruments available for trading. Currently, the broker offers 612 stocks, featuring the most famous ones in stock exchanges like the NYSE, NASDAQ, FTSE, obviously ranging from American to European assets. If you’re a stock trader looking for variety, you’ve certainly found it here.
Aside from stock trading, AvaTrade also has a pretty wide range of indices available for trading, all of which are:
|AEX||FTSE 100||Nikkei 225|
|CAC 40||FTSE MIB||OMX 40|
|Cannabis Index||HIS||Russell 2000|
|DJ 30||TDAX||SPAIN 35|
|DJ Euro Stoxx 50||TSX60||SPI 200|
|Dollar Index||NASDAQ 100|
As you can see, a total of 23 indices which include a lot of countries where you would normally not be able to trade in. The countries included in these indices are the following:
- United Kingdom
- Hong Kong
- Nordic countries
So, without a doubt, a great performance so far in this category since if you only count stocks and indices you can count with up to 635 different ways to invest in global stocks and indices.
In this section, AvaTrade also performs exceptionally well, offering a total of 55 currency pairs, including major, minor and exotic pairs. Some of the ones you’ll be able to find here include:
Again, if you’re a trader looking to diversify your investments, AvaTrade does quite a good job, but it doesn’t stop there.
AvaTrade also offers another option to trade Forex with Options, which includes spot and regular contracts. The fine print here is that to trade these assets you will need to use another platform called AvaOptions, which we already mentioned. There are over 44 available Forex Options to trade here, so almost 100 different ways to trade Forex.
Gold & Commodities
As of the current moment, AvaTrade also has a wide variety of commodities available for trading, 19 in total, including some of the following assets:
- Crude Oil
- Gold Silver
- Natural Gas
- Coffee C
- Gasoline and more.
As with other categories, AvaTrade really does a good job in offering a hugely varied repertoire of tradeable instruments, so all of this is amounting to a really diversified pool of assets. Let’s see what’s next
This is an interesting category because, for most brokers that we’ve reviewed, bonds are largely missing, but AvaTrade does the contrary. Although, even if they offer bonds, there’s really not much other than that with only 2 bonds available for trading, the Euro-Bund and the Japan Government Bond. Still, 2 is better than none!
Again, as with bonds, ETFs are an asset that’s sorely missing on some of the brokers we’ve reviewed. But again, AvaTrade does support ETFs in an actually broad manner we were surprised to discover. The broker offers up to 31 ETFs in total, with some of them being:
- S&P 500 VIX Short-Term Futures ETN – Series B
- MSCI Brazil Index Fund
- Energy Select Sector SPDR
- Market Vectors TR Gold Miners
Although it’s worth noting that some of these ETFs are only available for trading if you’re using MetaTrader 5 and not MetaTrader 4, so bear that in mind.
Cryptocurrency is another section of this category where AvaTrade performs really well with up to 11 cryptocurrencies available for trading. The good thing about trading cryptos in AvaTrade is that markets don’t see a closing hour, which means that these instruments are tradable 24/7 with no exceptions.
Here’s a list of all cryptocurrencies available for trading with AvaTrade:
- BTC Gold
- BTC Cash
All in all, AvaTrade offers one of the most complete repertoires of assets we’ve seen so far. This bodes well for any trader looking for any sort diversification in their investments, which is a pretty smart move if you’re just getting into trading.
AvaTrade Asset Classes Score: 10/10
#8 AvaTrade Referral Program: Could Benefit You A Lot… Or Not
With all the high scores that AvaTrade’s been getting its to be expected that the broker also has a referral program in order to put the cherry on top. And yes, AvaTrade does have a referral program, but it’s not as profitable as one would think.
In order for you to earn a considerable amount of money while using this referral program, you’re going to need a lot of friends willing to commit a lot of money with this broker. Here’s a table explaining how it works:
|Friend’s First Deposit||Your Reward|
|$500 – $2,000||$50|
|$2,001 – $5,000||$100|
|$5,001 – $10,000||$150|
|$10,001 – $20,000||$200|
|$20,001 and more||$250|
As you can see, not only you need a friend to refer, but you also need that friend to deposit at least $500 in order to get something from their registration. If you want to get more than that then you’re going to need to convince your friends to deposit 2,000+ dollars, which sounds absolutely crazy.
We really don’t think that the rewards here are worth the effort, especially when in some cases referring a friend can possibly not reward you with anything. So, if you’re looking for a broker with a better referral program, Webull and Interactive brokers might be a better choice there. Either way, AvaTrade’s referral program is not exactly its main selling point.
AvaTrade Referral Program Score: 2/10
#9 Demo Account & Educational Resources
As with all brokers that offer MetaTrader 4 support, AvaTrade has the benefit of offering a demo account for all customers. In this demo account, you can choose a hypothetical deposit to play around with trading and test your strategies. Once you feel comfortable enough you’ll be able to jump into actual live trading without much trouble.
However, there are some caveats to AvaTrader’s demo account. You see, a demo account created with this broker has an expiring time of 21 days or 3 weeks. Once that time has passed, your demo account will automatically be closed, but you can get in contact with customer support and ask for another 21 days of duration before your account is closed.
Getting into the fray of trading is a valid way to learn, but some other people prefer an approach that’s a bit more conservative. Reading and learning about the markets and instruments is another valid strategy to get into trading and AvaTrade recognizes this as well. The broker offers a pretty big and thorough range of educational tools for both beginner and mid-level traders. At AvaTrade, you will be able to find the following educational resources:
- Video tutorials provided by SharpTrader.
- A glossary explaining most if not all the terms used by the broker.
- An eBook on the history of Forex.
- A blog discussing trading strategies.
As we mentioned on the list, the video tutorials are provided by SharpTrader, which is a unique academy focused on teaching trading from scratch. So, if AvaTrade is going to be your first broker, then you don’t have anything to fear, the broker does a pretty good job of giving an insightful introduction to most aspects of its platform.
AvaTrade Demo Account & Educational Resources Score: 9/10
#10 AvaTrade’s Safety & Regulation: Probably The Most Secure Broker Out There
Here’s where we reach the category that AvaTrade wears at the top of its marketing campaigns, regulation. We gotta admit that no other broker we’ve reviewed has as much regulation as AvaTrade does, which is quite the feat that gives it a lot of national recognition and credibility. The broker has been officially regulated by 8 corporations in different parts of the world, which include:
- Central Bank of Ireland (CBI).
- Polish Financial Supervision Authority (PFSA).
- BVI Financial Services Commission (BVIFSC).
- Financial Futures Association of Japan (FFAJ).
- Financial Service Agency of Japan (FSAJ) .
- South African Financial Sector Conduct Authority (SAFSCA).
- Financial Services Regulatory Authority (Middle East, FSRA).
- Australian Securities & Investment Commission (ASIC).
As you can see, 8 institutions in very recognizable areas which give this broker the reputation of being the safest and most regulated broker out there.
Aside from that, AvaTrade also has unique risk management tools that can avoid most major risks on any trade you place. This is called AvaProtect, and it ensures to take a premium out on your trade to protect it from any losses whatsoever. This means that if your trade generates losses within a set timeframe, your funds will be returned directly into your account. Instead, if you generate earnings, the funds will enter your account accordingly.
AvaProtect can avoid losses of up to one million dollars ($1,000,000.00), however, the premium required to secure your trade is not specified anywhere on their website. Aside from that, the broker also offers negative balance protection but only to retail EU accounts, not including professional nor non-EU clients.
With that out of the way, we close this last category with a solid 10 as a score, being probably the broker that best performs in this category out of all the ones we’ve reviewed.
AvaTrade Safety & Regulation Score: 10/10
However, even if AvaTrade got a whole lot of perfect scores throughout this review, it still doesn’t get a higher score than our highest-rated broker. Keep reading further for this juicy comparison!
AvaTrade vs. Capital.com
Our final test before closing these reviews is to compare the broker to Capital.com, our highest-rated broker and the best broker out there in our opinion.
In some comparisons, the differences are glaring, but it’s in this case that things get really interesting due to AvaTrade’s overall performance. As we’ve mentioned, Capital.com obtained a score of 91/100 but AvaTrade obtained a total score of 89/100, so, what makes Capital.com better if AvaTrade is so good?
The only drawback we can mention to Avatrade in this scenario is that instead of having fixed or average spreads, the broker always keep them based on a certain percentage of the price of an asset. This means that there can be moments where the broker’s spreads are lower than in other brokers, but the contrary also applies to it. Overall, Capital.com and AvaTrade’s spreads are generally, the same, but it’s always worth having this in mind.
It’s also worth mentioning that Capital.com doesn’t charge deposit, withdrawal nor inactivity or service fees, while AvaTrade does charge the last two, which is quite the difference.
Asset Classes Comparison
We’ve already mentioned that just with its stock and indices repertoire AvaTrade reaches 600+ different tradable assets. The thing is, when we compare it to Capital.com’s repertoire, just with stocks and indices this broker reaches 2000+ assets alone. Yes, this means that Capital.com offers twice of what AvaTrade offers only in counting stocks and indices, but that still says a lot.
Capital.com also has access to bonds, ETFs, cryptocurrencies and commodities, which makes it an overall bulkier offer than AvaTrade’s repertoire.
Demo Account And Educational Resources Comparison
AvaTrade had a pretty great score in this category if not for the fact that its demo account has a time limit set upon it. Instead, Capital.com also offers a demo account, but this one doesn’t have a limit attached to it giving you the chance to go back to it even after you’ve created a live account. It’s also worth mentioning that AvaTrade’s demo account is only available through MetaTrader 4 or 5, but Capital.com doesn’t depend on it. This means that not only you get an unlimited demo account, but you also have a platform that looks way better than MetaTrader does.
Aside from that, Capital.com also has a bulkier offering of educational resources which includes the following:
- A complete glossary of all the terminology used in its site.
- Tutorials on strategies and basic trading terminology.
- Trading courses for each and every asset it offers.
- Guides for beginners on how to start trading on every asset.
With that said, we’ve mentioned the most glaring features where AvaTrade falls short when compared to Capital.com. However, as you’ve seen throughout this review, this doesn’t mean that AvaTrade is a bad broker, in fact, it’s one of our top-rated brokers just after Capital.com but it doesn’t manage to take its crown just like that.
Overall, we truly believe that Capital.com is currently the best broker for new and experienced traders out there. With a minimum deposit of only $20 and more than 2,000+ assets at your disposition, it’s simply hard not to recommend it. So, if you’re interested in $0 trading commissions, a nice looking platform and the resources to fully educate and train you for trading, you’ve found the right choice with Capital.com. However, if you want to read a more thoughtful review of the broker before making a choice, we recommend this one. Otherwise, you can apply right now!
AvaTrade Review In Summary: The Safest Broker Out There
Every broker has some certain characteristics that make it stand out from the rest. In the case of AvaTrade, we find a broker that boasts the achievement of probably being the safest and most regulated broker out there. On top of that, you’ll also find one of the most diversified trading options ever accompanied by $0 commissions. There’s also a ton of resources to start from scratch if you’re new to trading, so there really is a lot of opportunities out here for almost everyone.
However, bear in mind that stock trading in AvaTrade can get to be somewhat expensive when compared to other $0 commission brokers. It’s also worth remembering that phone customer support is somewhat hard to reach, even if the site says it’s available in your language.
With all that said, AvaTrade is a unique broker with an emphasis we hadn’t quite seen before. What we find especially intriguing is AvaProtect and it’s one million dollar protection since its a feature we haven’t seen in any of our other broker reviews. For that same bold feature, AvaTrade is a broker that’s perfect for people who value learning and deploying calculated risks strategies with a minimum range of possible losses. So, if you’re one of those traders, you’ve certainly found your place here.
But if instead, Capital.com picked more of your interest with its beginner-friendly courses, bulkier variety of assets and $0 commissions, you know what to do. There’s not always a chance to try your strategies and really profit for just $20, so, what are you waiting for?