AvaTrade joined the trading market in 2006. Its business base is in Dublin, Ireland but is regulated to operate across the globe for clients who want to trade in foreign currencies, stocks, commodities and equities. With more offices in New York, Sydney, Paris, Milan and Tokyo they have gained over 20,000 customers since their humble beginnings and are now at the forefront of broker trading. After a total rebranding from Ava FX, in 2013, their website has been greatly improved both in funtionality, flexibility and product range, improving the user experience for both beginners and experts.
How to get started with avatrade
Starting trading with AvaTrade couldn’t be easier. If however, you are a novice you would be advised to spend some time practising with a demo account. You can trade as if you were using real money and will be given $100,000 to get you going. The demo account does have a time limit of 21 days but you will receive valuable tuition and experience the fluctuating marketplace, without risking any of your own funds. You can take advantage of educational and training tools, as well as have access to a news feed. Different trading strategies can be tried before you trade for real.
When you are ready to start trading with actual money, it is just a case of downloading the software to your PC or mobile device. Either way there are many trading platforms available and several types of account. Depending on your deposit you can open a Silver, Gold or Platinum account and receive the respective bonus. If you are able to deposit $100,000 you can receive the maximum bonus of $5,000 and achieve AvaSelect status, with all its benefits.
Open a real trading account and earn a real bonus
AvaTrade has an attractive bonus scheme for all new customers. Dependant on your deposit you can receive as much as $5,000. It is important to let you know that if you are in Pakistan, Egypt or Vietnam when opening your account, you will have to make your deposit via wire transfer or you will not receive a bonus.
So let’s look at the different types of account and their respective bonus. The Silver account requires a minimum deposit of $100. For this you will receive an amazing bonus of $50. Depositing at least $1,000 will get you a Gold account with a bonus of $200. To open a Platinum account you need to make a deposit of at least $10,000 and this will earn you a bonus of $1,200. As you can see these are very attractive and worth taking advantage of.
To achieve AvaSelect Status you need to deposit $100,000. You will receive a whopping $5,000 bonus. As with many bonus schemes these come with their own conditions. For each $1 of bonus you are required to have a trading volume of at least 10,000 instruments. However this doesn’t apply to floating spreads and automated trading accounts.
A variety of trading platforms for a range of users
There are 8 trading platforms available and most are available free of charge. If you are going to be trading in a variety of places, using different computers, there are web-based platforms. One of the best known trading platforms, Metatrader 4 is another option or Ava’s proprietary software Ava Trader. As long as your internet is reliable you can download the software for your desktop computer or laptop. There is even Ava Trader Mobile for Android devices, iPhones and iPads. As you can see, everyone is catered for.
Aside from improved functionality and flexibility rebranding also introduced 3 new autotrading platforms: Mirror Trader, Zulu Trader and Currensee. For people entering the trading market autotrading has its advantages. You don’t need to spend time learning and can start right away with no knowledge at all and can increase your trading confidence. You don’t have to worry about profits being dependant on your level of advancement. On the other hand manual trading will give you valuable experience as you are opening and closing trades yourself. It’s really up to you which way you choose.
AvaTrade offers 3 of the most popular autotrading platforms. In time you can start manual trading and become a Trading Leader or Guru, which will earn you even more money.
Conclusion and final words
Now you have all the basic information about AvaTrade you can see for yourself the wealth of options available for every level of trader. As they are a leader in trading markets you are sure to find something that will suit your kind of trading. Functionality, range of options, ease of use and availability of training materials makes AvaTrade a viable and attractive trading broker, wherever you are and however you wish to start your trading journey. Whether you are a complete novice or experienced trader you will find the trading platform most suited to your skill level and be able to increase your knowledge in a variety of trading markets.
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