AvaTrade User Reviews
Regulated By:ASIC, BVI, CBI, CySEC, FSA(JP), FSC, FSCA
Headquarters:Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742, Dublin, Ireland
71% of retail investor accounts lose money when trading CFDs with this provider
I failed in my trading and lost 30% of deposit, just because I overestimated my understanding of the market, but I don't think that's the brokerage fault. I just mean company should concentrate more on educating its clients, for example offer all new clients to go through the education. For example, I even didn't know that company has education before I lost my money.. Now I'm learning trading with their education and hope I will succeed with my 2nd attempt. I understand trading is a tough business, but I think there's a lot of people coming to AvaTrade for 'easy and quick money' and company should help us by emphasizing on education.
I trade crypto with AvaTrade. I was pleasantly surprised by the advantages the company offers to its clients. First of all, of course, it is security. Client funds are protected by segregated accounts and several licenses. AvaTrade has multi regulators, which increases reliability. We all remember the high-profile cases with exchanges, where hackers stole vast amounts of money in cryptocurrencies. So security is critical. The second advantage is a reasonably wide choice of cryptocurrencies. There are more than 10 of them. And you can trade it with fiat currencies. And the last advantage in my list is the absence of commissions even from banking operations. It's great news!
Every company nowadays is trying to stand out in some way, because the competition on the market is too high and traders now want not just to work in the market, but to have access to a certain number of tools, which allows them to act as efficiently as possible. It seems to me that this broker tried to add in this sense those tools which will be useful both for beginners in the market and for those who has already had a big experience. For example, calculators - this is what allows you to make fees and order size calculations really quickly and accurately. And you can also learn here through articles and thematic videos, and there's a huge collection of data of different levels of complexity, so that everyone can learn what they are missing or find some information that can be useful right now.
It took me even less than a month to understand this broker is worth my trust. I tested its execution and it completely suits me. As for withdrawals, I didn’t have any problems with it too. I opened three accounts with the broker: Metatrader 4, Metatrader 5, and AvaTrageGo. As for the latter, it’s a mobile app. Previously, I was used to understating trading mobile apps, but this one is well-built and intuitive. It can be a good supplement to any desktop platform if you practice scalping. Trading on the go can be even relaxing, but it’s possible only if you made thorough analysis covering at least a whole week ahead.
I’m a scalper but an unusual one. The matter is that I can’t stand desktop complicated trading terminals such as Metatrader or cTrader. I find them very difficult to use. Instead, I prefer to deal with lighter solutions, such as mobile apps. AvaTradeGo from AvaTrade is my main working tool. It allows me to make instant trade on the go. It’s very intuitive and I don’t need to think how to use it. Instead, I simply use it by clicking on buy or sell buttons. You know scalpers rarely set stop loss or take profit orders, they simply don’t have time for it. With AveTradeGo, I can conveniently trade lying on the sofa.
I rarely get overexcited about any services - in the end I'm paying for those, so I expect to get smth nice for my money. Yet, speaking of avatrade, I can't say I'm viewing this company as a service-provider only. It became a reliable partner in my favorite occupation. They provide a reliable service that I can rely upon - good orders executions, no delays, no bugs. At the same time they create this professional atmosphere around with all those tools, analytics, webinars, etc. So that helps to get focused on positive result, keep calm and carry on trading.
Con Avatrade ho avuto, nel tempo, ben 4 account aperti in tempi diversi. Di questi account uno era totalmente gestito dai loro affiliati: ho fatto un contratto con loro investendo prima 2000 euro (maggio 2019) e poi altri 2000 euro (luglio 2019). Pareva operassero con coscienza, poi una volta fatto il secondo versamento hanno "iniziato a sbarellare": operativita esculsiva sull Nasdaq senza alcun money managment. I primi di settembre del 2019 mi hanno bruciato il conto: chi operava sul conto???: Daniele Devise ed il suo socio Fabrizio Di Benedetto (ora emigrato in Spagna). Dubbi sulla professionalita anche dell'account manager di Avatrade che mi ha invitato a deviare la seconda trance sull'account in totale gestione piuttosto che sull'account che gestivo personalmente. Di cio che dico, ovviamente ci sono i riscontri documentali delle transazioni fatte. Un altro account aperto di recente su Avatrade in semi-gestione con un consulente-affiliato: conto bruciato in 4 mesi. Ai loro affiliati interessa che un cliente "muova" danaro con suggerimenti di mercato che se non supportati da capitali ingenti e strategie adeguate, portano all'irreparabile. Oltre a promesse "sottili e fini"per mascherarle fra le righe dei vari discorsi. Nel 2018 avevo aperto il primo account con un loro affiliato: questi erano della EuropeFx e la consulente di EuropeFx era Federica Sacco (che tra l'altro si faceva chiamare Federica Comi).Conto BRUCIATO. Non cè male come percentuale: 3 su 4. E' un MONDO DI MERDA.
Well, that's typical tier-1 brokerage with many features. If you know about top brokers, you won't be excited with them, they're typical for any good brokerage. However, there is one thing that made me to trade with this brokerage, not any other one. As you may know, this brokerage is ManCity partner and for me that was the main advantage, ManCity is always going over to find the best partners, so that mean that AvaTrade is really reliable broker.
AvaTrade is a great brokerage. It is safe to work with it, which is a top priority for me personally. For this I can say thank you to the broker's regulation, which guarantees protection of each client's deposit. Also, AvaTrade has a variety of trading platforms - MT4 and MT5, which allows you to get even more experience in trading. Because even though the platforms are very similar, they do differ a bit, and it's cool that we have a choice which one to trade on. In my past, I had a bit of bad luck with the choice of a broker, because there are a lot of scammers in the Internet, and personally I have met a few of them. That is why I'm very cautious about working with money. And in this matter AvaTrade has never failed me, the money comes quickly and without any suspicious commissions.
This is the hardest part. Because it's the basis of the fundamentals, and it helps you get used to what will allow you to learn more about the market and start to understand many things much deeper. That's why I'm more focused on knowledge, and I chose this company for the same reason, because here I noticed opportunities to learn and develop. What I like about it the most: 1) A trading blog and e-books with detailed explanations of strategies and an opportunity to understand their structure. 2) A good mobile application - dynamic, with rare slippages and other technical points. 3) And of course fast withdrawal with minimal commissions.
I came to trade there as AvaTrade was regulated brokerage and I have one rule "Trade only with regulated brokers". After 3 years of trading there my opinion about this brokerage is quite moderate. Yes, brokerage has significant advantages, including regulations and good reputation. However, there are some shortcomings as well. There are no commissions, so you pay for brokerage service only with your spreads. I prefer broker to have commissions but lower spreads as well, not spreads only. There's hedging and scalping allowed and that's good advantage, but no variable spreads offered, so it's hard to scalp there. And the last one - there are social trading platforms but no clear guides about how to use them. Finally, I think brokerage isn't bad, but not the best one.
Because it is difficult for me personally to name some universal company, which can potentially fit all categories of traders. And if you are guaranteed versatility in everything - do not believe me, because it's a complete nonsense. But on the other hand, every company, especially if it's a company like this, developed for the long term, has its own strengths, which allow to implement a certain group of ideas. And I would like to list in the most objective way the advantages that I have noticed in this company and that can be useful for many traders. 1. A great variety of training materials of different complexity. Sometimes you can find unexpected, but useful data here. 2. A special emphasis on crypto currencies. I do not know what will happen in the future, but now it definitely deserves attention. 3. Active mobile application. Now almost all traders are trading with smartphones, so this is a really necessary resource. 4. Several trading terminals. Yes, they have similarities. But personally it seems to me that having a choice is always better than having any limitations.
That's why I try to make a competent and full analysis of the market every day, so I analyze my every mistake to prevent it in the future, so I often work on demos (it's good that I have such an opportunity here) to find some new ways to solve my goals. And it seems to me that I have found a brokerage company that supports such values and such attitude to this business. Here I liked the fact that there is a service for the return of money for unprofitable transactions (some), in addition, picked up a good set of assets that allow and classic, and modern strategies to work out without problems. And another important point. Here you can learn. There are normal reviews on strategies, on the situation in the market, so this, too, should be paid attention.
Trading allows you to act the way you want and at the same time you can be where you want to be, work in the conditions that suit you and earn as much as you want (well, this is of course in ideal conditions). And I am happy to choose my brokerage company. Because here I was able to realize most of my ideas and my goals. First of all, here I was able to decide between mt4 and mt5, because before that I hadn't understood for a long time which option suits me better. Secondly, here I started using forex calculators, which help you to make decisions faster and distribute money more efficiently. So yes, I can recommend you this company, you can really work efficiently here.
I mean that in recent years, many brokerage companies have expanded their functionality, began to offer more assets, tools for analysis and even more trading terminals. This company is no exception, and has made its services more productive and interesting. And now I will mention the ones that are suitable for me personally. But in fact, there are much more of them. - A large set of crypto currencies - nowadays, when economic changes occur almost every day, working with these assets becomes more relevant. - MT4 and MT5 - I tried both terminals and was able to make a choice. It is convenient. - Avaprotect is a cool tool that insures an order in case of an unprofitable situation. It allows minimizing risks and to trade more freely.
I decided to try trading career about a year ago. Friends laughed at me. Parents thought I've gone mad, but ok, whatever.. So basically I can tell I didn't have that much of exoectations. I simply knew people are manking money here, but I also knew that majority of retail traders fail. I think it was my good luck to start trading with AVAtrade. + they are regulated ++ they offer reliable tools like MT5 or AvaTrade platfrom +++ they educate traders!!! This is the most important pro in my opinion. As a beginner I first got basic training and them moved further in accordance with practivce and new experience that I was gaining in a llive market. I can't say I'm a millionaire already. No. But I know my trading gets better every day and I know this wouldn't have been possible in some other company.
The broker is a regulated one, which is a huge advantage right away. But people read the reviews fr the sake of truthful information on possible pitfalls and disadvantages that they want to know about. So let's proceed to the disadvantages. First of all I can note that AvaTrade Go is definitely not worth trying. MetaTrader worked hard enough for ages on thier MT4 and MT5 platforms. Brokers all over teh world wouldn't have chosed these trading platforms for no reason. They are stable in their perforamnce, they work with all the forex brokers including AvaTrade, they have a huge set of built-in and custom indicators and EAs that you can use in your daily trading routine. If Avatrade didn't have MT support, I'd definitely recommend you to start looking for some other broekrage. Yet they offer a choice here, so the broker is good to go. Trading conditions are favorable, the variety of the offered assets is good too. Speaking of the withdrawals, wire, CC and e-apyemnt systems are all available. Make sure you've provided correct legal documents when completing the verification to avoid any kinds troubles in future.
My friend's been trading with this brokerage for 3 years. Last year he registere as a partner and I was the first lead he's had LOL. To tell the truth, from the very beginning I wasn't too serious about trading. I simply wanted to support a friend of mine in his new business. Now, after just one year I got probably even more passionate about trading than he was, when convinced me to open a trading account. Avatrade has got nice educational program. They offer to trade whatever moves on the market - forex, CFDs, cryptocurrencies, commodities and even vanilla options. The last ones seemed to be overcomplicated to me just a few month ago but now I find myself again and again working on options strategies. But we'll see how it goes. Sorry, didn't mean to tell the story of my life as a trader here. Just wanted to recommend the broker. They really are doing a great job here.
I know that because the company offer that much of an educational materials, people tend to think that they focus on newbies, which is not exactly correct. Yes, they can do a lot of work creating educational materials, but professional traders can also feel fine here. I think that the fact they've got enough options to exploit copy-trading opportunities, this means the same thing. This is a kind of the universal brokerage. Newbies can copy strategies via MT4, Zulutrade or Duplitrade. Pros can collect investments. Trading fees are good for both. The last but not the least. The broker is globally regulated, so your funds gonna be safe enough here.
I don't undestand why the company decided to pay for that many regulatory licenses, yet the fact is there - its regulated all over the world which I don't mind as long as they don't raise trading fees to pay for all this bureucracy. The strongest points of the broker are the educational opportunities they offer and the variety of the assets you can trade here. I strongly support the ide for every broker to include cryptocurrencies in the list of the asset people can trade with them. Having enough stocks in CFD's portfolio is also a good sign. I've worked with the broker for over a year now and there were some ups and downs on my equity curve, yet, now I'm ready to say that my equity is the product of my own hard work, sweat and.. mistakes. Yeah, there were some too. In any case broker has always been accurate with withdrawals and I appreciate this fact a lot.
1. Really a lot of assets, not only Forex, but also CFDs, cryptocurrencies, commoditites and indices. I started with Forex, but lost some money, so I decide to move to short trading and investing in stocks (they're also available) 2. General reliability. At least, brokerage has CySEC regulation (you can check at official CySEC website or on Avatrade official website), it's the best regulation, IMO. It's reliable enough to be trusted and CySEC doesn't demand a lot from brokers, so they still offer good trading conditions. 3. Ava is ManCity partner. Really! I didn't believe, I swear, but I re-checked that on mancity website and that's real.
I'm really sure of it, because there's always a huge number of events and you can rarely foresee everything in advance, so you have to constantly adapt to the current conditions and choose absolutely non-standard conditions. And what can help you do that? The question is definitely not easy. But I'm used to relying on my broker for everything. And it happened so because I was lucky to start working in a company that fully corresponds to the title of a real forex broker. And I can explain why. 1. They teach professional trading methods here. 2. There's a huge amount of crypto currencies on display here. 3. A great variety of tools for technical analysis can be used here. 4. There are several trading platforms here, as well as an ideal mobile application that never fails.
The broker is ok. I have been trading here for over a year and I don’t see a reason to look for something better. The greatest thing about AvaTrade is that they offer the lowest spreads ever. 0.9 pips for EUR/USD. USD/JPY is only 1.1 pips. Individual stocks can be traded as low as at 0.12-0.15% of their nominal values. If that is not called excellent trading conditions, I don’t even know what is. Well, to be objective, this is actually possible to find better spreads, however, in the majority of cases brokers offering better spreads will also require to deposit at least $1000 or even more than that. Here the min deposit is only $100 and it doesn’t influence the spreads. The important thing to know about this broker is that they charge an inactivity fee, which is not pleasant at all, so I have to warn you about that. Beginners will definitely appreciate all types of analytical articles that they post here. The educational programs might also be helpful, but I can’t say for sure as I didn’t take advantage of any of such offers.
I’ve been in Ava Trade since 2014, I have a serious deposit here, and have merged and earned quite tangible amounts, the broker’s attitude towards me does not change from the size of my deposit and the amount of withdrawal. I also deduced 3k - all within the limits of the schedule, without unnecessary questions and bunting. One of the few reliable brokers to date.
The choice of a broker was not very difficult for me. Lot s of the traders told me about Avatrade and were recommending it. The funny thing many of them didn't even know each other. I think the fact that traders all over the world choose this company speaks for itself. Broker is: - regulated all over the world - has a number of assets to trade including dozens of cryptocurrencies, commodities, indices and all sort of fiat currencies - spreads are variable and are quite law. Information on spreads is transparent, no 'surprizes' - withdrawals are timely In general after 6 month of trading here I can dfo the smae thing other traders did for me once - recommend this broker for partnership.
Hello everyone! I want to leave my 5 kopecks about the company Avatrade . I’ve been in forex trading for a long time and I can already say a scorched type, I have seen a lot and the collapse of the pound in Brexit, and the collapse of the franc in the 15th and the intervention of the same franc in the 11th, in short, I have seen everything. What does Avatrade have to do with it. Yes, despite the fact that having got into all these batches I did not experience any problems with the broker. Yes. there were popos with the dough, but in terms of the relationship between the company and the service, there are no questions at all, which is why I choose Avatrade. I read reviews about many companies. no matter how money was withdrawn there, accounts burned out on these movers. and at least henna to me. I choose Avatrade primarily for the quality of work.
Hey If you don't like headache, don't get close to them. I opened a real account with them and I had a bad experience with their customer service don't recommend them at all, after you open your account you need to upload some documents to verify your account and it says it can take about 24 hours to get verified I uploaded all the requested documents and after about a week nothing happened not even a message from them, I sent an email and asked them about the status of my account and after two days got a respond which was saying your bank statement doesn't have address, although I had sent them my utility bill for proof of address and that statement was just a part of "Financial Document". And their Guidelines for Financial Document are as follow: Guidelines: Applicable Documents - bank statements (A/C statements, mortgage statements etc.), Visa statements The document must be dated within 6 months before the current date. It doesn't say your statement should have address. FOREX is really time based service, think twice if you wanna work with them.
The MT4 platform through AVAtrade executed my order below the set price twice already, which made me loose money, although i never entered the trade! I will change the broker and i don't recomend it to anyone.
Excelente, información de los mercados de forma diaria para análisis y toma de decisiones, Gracias Ariel Cohen.
I like the attention, the response capacity, at the moment everything is working really good with them
La plataforma web de Avatrading se me ha "pegado" varias veces haciendo muy riesgoso tener operaciones abiertas que requieren de atención inmediata. Me ha ocurrido 3 veces en menos de una semana. No obstante, quitando este inconveniente significativo, la idea de la plataforma es fácil e intuitiva... Ojalá pudieran mejorar el rendimiento de la misma (o lo que sea que genere estos inconvenientes)
El servicio que proporciona Ariel Cohen, me parece muy bueno, envía correos diarios de análisis de los mercados que para mi son de gran valor puesto en base a ello se pueden tomar mejores decisiones para operar. Excelente!!! Saludos.
Despues de lo pesados que fueron me hice cuenta y meti dinero. Despues de algunas mentiras decidi sacar todo lo que tenia, pues doy la orden y a los dias desaparecio, hoy veo que vuelve a estar el dinero en la cuenta. Le he dado a retirar otra vez, mañana llamare y a ver si no tengo que recurrir a un abogado. Para meter dinero no tardas ni un minuto sin embargo para sacarlo es otra cosa.
Conmigo han resultado bastante mal educados. Entiendo que ellos impongan sus reglas. Pero el dinero es mío y yo también tengo mis reglas. Quisieron forzarme a hacer un depósito a pesar de que su forma de trabajar no se alinea con mi forma de invertir. En lugar de aceptar que no nos pondríamos de acuerdo y despedirnos de forma cordial, me trataron mal y colgaron el teléfono. Si no respetan a la gente como se puede esperar que respeten nuestras inversiones.
AvaTrade has, by far, the worst technical support I have ever had to deal with. I shared screenshots, sent emails, opened 5 different chats (3 of which didn't know how to answer me and told me to send an email. 2 of which had conflicting answers). It's just plain terrible. The platform is great, but, don't expect anything from their support.
Very good experience, professional broker