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AvaTrade Review 2020 – Detailed Analysis and Opionion | Public Finance International

AVA Trade EU Ltd is a CFD and forex broker founded in 2006 that offers traders the possibility of speculating with a wide variety of financial instruments including commodities, bonds, cryptocurrencies, stocks, and stock indexes, all covered by the platform’s CFD products.

AVA Trade EU Ltd is a CFD and forex broker founded in 2006 that offers traders the possibility of speculating with a wide variety of financial instruments including commodities, bonds, cryptocurrencies, stocks, and stock indexes, all covered by the platform’s CFD products.

Our Score: 4.9/5 Stars

AvaTrade’s holding company is registered at the British Virgin Islands but the firm is headquartered in Dublin, Ireland.

Additionally, AvaTrade operates in other countries including Australia, South Africa, Singapore, Japan, France, Italy, Spain, Mongolia, China, and Abu Dhabi, serving more than 200,000 active customers and enabling approximately 2 million trade orders per month.

The following is a list of AvaTrade’s subsidiaries registered in some of the above-mentioned countries:

  • British Virgin Islands (holding company): AVA Trade Ltd
  • Ireland: AVA Trade EU Ltd
  • Australia: Ava Capital Markets Australia Pty Ltd
  • South Africa: Ava Capital Markets Pty
  • Japan: Ava Trade Japan K.K
  • Abu Dhabi: AVA Trade Middle East Ltd

Why should you read this review?

The wide range of online forex and CFD brokers available these days have made the task of comparing their key features and competitive advantages a bit time-consuming for busy traders and investors who would rather focus their time in learning more about trading or researching new ideas.

This guide was conceived to simplify the task of evaluating AvaTrade’s CFDs and forex products, along with its services, platforms, costs, and features, among other important details about this broker that should help you in making an informed decision.

You can use this and other similar reviews compiled for other brokers to short-list your candidates to ultimately make a decision on who you will work with.

The following topics will be covered by this review:

  • Main advantages of trading with AvaTrade
  • How safe it is to trade with AvaTrade
  • Opening an account with AvaTrade
  • Depositing and withdrawing money with AvaTrade
  • Financial products offered by AvaTrade – CFDs, forex
  • User experience and features of AvaTrade’s trading platform
  • Third-party platforms supported by AvaTrade (MetaTrader 4, etc)
  • Trading fees charged by AvaTrade
  • Research tools available for AvaTrade
  • Educational materials available (demo account, tutorials, eBooks, etc)
  • AvaTrade’s customer service review

What’s best about AvaTrade?

AvaTrade has many features that are appealing for both amateur and experienced traders including an easy and straightforward account opening process, a decent portfolio of CFDs products, a great trading platform, and the possibility of using third-party platforms such as Meta Trader.

Furthermore, this broker provides decent research tools for traders and they charge no withdrawal or deposit fees, which is particularly beneficial for traders with a small amount of available capital.

It is also possible to sign up for a demo account with AvaTrade to test its trading platform and interface before signing up and the minimum deposit required to open an AvaTrade account is fairly low.

Trading Platform Overview

AvaTrade is a trading platform that provides hundreds of CFD products and a limited number of currency pairs for traders located in more than 120 countries through its two proprietary trading platforms – Webtrader and AvaOptions – and third-party platforms such as MetaTrader 4 and 5.

The company and its subsidiaries are regulated by various tier-1 and tier-2 jurisdictions such as the Central Bank of Ireland, the Australian Securities and Investments Commission (ASIC), and the Japanese Financial Services Agency (FSA).

Compared to its rivals, AvaTrade’s portfolio of available stock, index, and forex CFD is fairly smaller, while its trading fees for popular instruments and currency pairs such as EURUSD are higher than the average.

That said, both the proprietary and third-party trading platforms supported by AvaTrade – MetaTrader 4 and 5 – are great and their features are particularly attractive. Additionally, no fees are charged for deposits and withdrawals, which is also an appealing characteristic of this broker compared to its competitors.

AvaTrade’s trading platforms include a web-based and mobile trading app called Webtrader, which is the company’s proprietary trading platform, along with another platform called AvaOptions, which is designed for forex CFD traders.

Additionally, AvaTrade supports MetaTrader 4 and MetaTrader 5, both of which are third-party platforms.

Web-based platform

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The web-based trading platform of AvaTrade, Webtrader, has a user-friendly interface that allows traders to browse through and select the CFDs offered by this trading platform easily.

Prices are displayed right next to their ticker symbols along with buy and sell buttons and traders can tag their favorite securities as some sort of shortcut.

The search function works perfectly, allowing the user to search by symbol or name of the asset, while the reporting feature provides all the relevant information traders need to analyze their historical transactions including their market price, realized gains or losses, fees paid, and cost basis.

Meanwhile, it is important to note that the interface cannot be customized as none of its elements can be moved around to suit the users’ preferences.

Additionally, two-step logins are not available and no price alerts either, which is a bit disappointing as most trading platforms send notifications whenever the price of a security reaches a certain level.

Desktop platform

The desktop trading platform of AvaTrade is fairly similar to the MetaTrader 4 platform with the sole upside that it allows for alerts and notifications.

On the other hand, compared to the web-based version, the design of the desktop platform is not as nice, while the customizability of charts and the interface itself is allowed. The reports section is also good, similar to the web-based version.

No two-step login is available for the desktop version either.

The desktop platform of MetaTrader 4 and MetaTrader 5 platforms are both supported by AvaTrade and they are available in at least 41 different languages.

The AvaOptions platform, designed for forex options trading only, also has a desktop version.

AvaTrade Mobile trading app


The mobile version of AvaTrade has a good-looking user-friendly interface and it offers as much as it can considering the narrow screen space that a mobile phone provides.

The search function works perfectly and the same goes for the reports function.

Meanwhile, there’s a unique feature that can only be accessed via the mobile app which is the AvaProtect order, designed to prevent financial losses by paying an extra fee.

AvaOptions also has a mobile app version and they are both available for iOs and Android.

One downside is that the platforms are only available in English, contrasting the wide range of languages offered by MetaTrader.

As for security, the mobile app allows for fingerprint login but no two-step login is available for this version either.

Price alerts can be set by using the mobile platform and they can be displayed on your phone’s screen via push notifications.

Order types

AvaTrade’s trading platform allows three different trader order types:

  • Market order – this order is executed at the current market price of the security.
  • Limit order – a limit order sets a maximum price at which you are willing to buy the securities or a minimum price at which you are willing to sell the securities. The order will only be executed at the limit price or better.
  • Stop order – a stop order limits losses in case the market price falls below the stop price. The order will become a market order once that price is reached.
  • AvaProtect: AvaProtect is a type of order that serves as a sort of insurance policy against losses resulting from trading operations made during a certain time period. This type of order comes with an extra fee and all the losses resulting from the trade will be reimbursed to the trader as long as they occurred during the time frame covered by the order.

Trading Fees

Trading fees for AvaTrade are a bit higher than the industry’s average for both regular CFDs and forex.

The average spread charged for trading an S&P 500 index CFD is 0.5 while the average spread charged for trading a Europe 50 index CFD is 1 pip.

Furthermore, the cost of trading the EURUSD pair is 0.9 pips, just a bit above the industry’s average.

To estimate the cost of trading with this broker we have assumed a hypothetical $2,000 position held for one week with a leverage ratio of 20:1 for stock index CFDs and 5:1 for individual stock CFDs.

For this hypothetical scenario, the fees paid for each of the following instruments were:

  • S&P 500 index CFD trading fees: $0.9
  • Europe 50 index CFD trading fees: $0.6
  • Apple stock CFD trading fees: $4.1

In this scenario, the cost of trading by using this broker is fairly lower than what traders would pay with other trading platforms such as Plus 500 or XM.

Meanwhile, to estimate the cost of trading currency pairs with this broker we have assumed a hypothetical trade of $20,000 with a 30:1 leverage ratio held for one week.

In that scenario, the cost of trading one of the following popular Forex pairs would be:

  • EURUSD: $19.2
  • GBPUSD: $15.7
  • EURGBP: $10.5

In this case, the cost of trading forex pairs with this broker is in most cases higher than the cost of trading the same pairs with XM and Plus500.

Finally, there’s an inactivity fee charged by AvaTrade if the user doesn’t log into the account for 3 months. This fee is $50 per quarter (around $13.33 per month), a bit higher than what other competitors charge.

Research Tools

Research tools provided by AvaTrade’s proprietary trading platforms include a news feed, an economic calendar, an idea hub, and many other resources that are embedded into all of this broker’s platforms – Webtrader, MetaTrader, and AvaOptions.

For trading ideas, AvaTrade offers a section known as ‘Analysts View’ or ‘Forex Featured Ideas’ where traders can find hints into potential trading signals spotted by other traders for most of the financial assets covered by the platform.

The economic calendar, on the other hand, covers a wide range of economic and corporate events around the world, rating them based on the potential impact they may have on the financial markets.

The news feed provided by AvaTrade is one of the best out there, featuring a great visual interface that tracks the number of publications per day, the orientation of such news – positive/negative – and the type of news covered. This feature is known as ‘Market Buzz’.

Finally, AvaTrade charting tools provide 90 different technical indicators that can be applied to each chart and these charts can be easily edited and modified to spot potential trading signals, price patterns, and trends.

Educational Tools

AvaTrade Education

AvaTrade Education

This review found well-documented educational resources made available by this broker to registered users. These go from basic platform tutorials to more advanced materials, covering trading strategies and fundamental topics.

Here’s a summarized list of all the topics covered by AvaTrade’s educational resources:

  • Trading for beginners
  • Economic indicators
  • Forex trading (eBook available)
  • Professional trading strategies
  • Platform tutorials
  • Types of trade orders

These materials cover major topics that should help traders in further expanding their knowledge to potentially improve the performance of their portfolios.

AvaTrade also offers a demo account for traders to gain experience in trading before they commit real money to this activity.

Customer Service

AvaTrade offers three channels for users to communicate with its customer service team:

  • Live chat
  • Phone
  • E-mail

The live chat feature appears to perform well as response times are instant and customer representatives are well-trained to provide accurate information about different topics.

Phone support, on the other hand, is one of the weak spots of this broker’s customer support, as phone calls take long to be answered and, even though the company offers domestic phone numbers for different locations, some of its numbers cannot be reached.

E-mail queries are usually answered in 24 hours or less.

This broker does not offer 24/7 customer support, rather 24/5, but its customer support team is able to handle inquiries in different languages including German, Russian, French, English, and Chinese.

AvaTrade Customer Support

AvaTrade Customer Support

Minimum Deposit

The minimum deposit required to open an account with AvaTrade is $100 for debit or credit card deposits. The minimum deposit for bank transfers is $500. Same as many other trading platforms, AvaTrade will conduct an identity verification process. This consists of requesting certain documents from you to ensure you are who you say you are. That said, the process is faster than most trading platforms.

AvaTrade Withdrawals

AvaTrade offers free of charge withdrawals regardless of which method the trader chooses to receive the funds.

There’s a limit on the amount you can withdraw from an account to a debit or credit card of up to 200% of the amount the trader has deposited into the account prior to the withdrawal. This limit does not apply to bank transfers.

Meanwhile, withdrawals can also be sent to electronic wallets and it should take one business day to receive withdrawals in credit or debit cards and electronic wallets while it may take a few days to receive bank transfers.

No minimum withdrawals were imposed by this broker.

How To Withdraw from AvaTrade

How To Withdraw from AvaTrade

Is AvaTrade Safe?

AvaTrade is considered safe and is regulated by several tier-1 financial authorities. There is enough evidence to consider AvaTrade as a reliable trading platform to buy and sell CFDs and forex products.

The main element that contributes to this conclusion is the fact that the company and its subsidiaries are regulated by various well-reputed agencies in the countries it operates. Some of these include:

  • The Central Bank of Ireland
  • The Japanese Financial Services Agency (FSA)
  • The Australian Securities and Investments Commission (ASIC)
  • The Financial Futures Association of Japan (FFAJ)

Only one of these regulators offers protection for investors whose assets are managed or held by one of AvaTrade’s subsidiaries. The extent of those protections are:

  • A €20,000 protection from the Central Bank of Ireland to EU clients
  • Negative balance protection for retail clients in the EU

How to Open an Account with AvaTrade?

Opening an account with AvaTrade only takes a few minutes and it can be done 100% online. Various countries allow their residents to open an account with AvaTrade. Exception is a small list that includes the United States, Belgium, and Iran, Israel.

There are four types of accounts that can be opened with AvaTrade:

  • Standard Account: held by an individual
  • Corporate Account: held by a company
  • Islamic Account: this account does not charge swaps
  • Professional Trading Account: this account allows for higher leverage ratios for forex and CFD trades but it requires significant experience in the financial sector, such as prior investment experience, a track record of significant trading activity, and a portfolio of at least €500,000

Funding your AvaTrade Account

Traders can choose from five different base currencies for their account. These include: the pound sterling (GBP), the euro (EUR), the US dollar (USD), the Australian Dollar (AUD), and Swiss Franc (CHF).

That said, an AUD account is only available for residents of Australia while a GBP account is only available for UK clients.

This is an advantage for clients whose local currency is one of these 5, as they can save money by avoiding currency conversion fees.

While debit or credit card deposits should be reflected instantly, traders have reported that, in some cases, it takes a few hours for the money to show up in the account’s available balance.

Bank transfers, on the other hand, may take a few days to clear and transfers can only be sent from an account held by the verified user of the AvaTrade account.

No deposit fees are charged by AvaTrade for any of the above-mentioned payment methods.

Markets & Products Offered

AvaTrade offers CFDs for various financial assets including stock and forex CFD.

This means that these financial assets cannot be traded directly by using this trading platform, as they can only be traded via CFDs.

The portfolio of CFDs available on AvaTrade include:

  • 20 stock indexes
  • 630 individual stocks
  • 5 ETFs
  • 17 Commodities
  • 2 Bonds

Additionally, this broker offers 56 currency pairs and 17 different cryptocurrencies.

Compared to its rivals, AvaTrade’s portfolio of available products is fairly limited, especially when it comes to ETFs, bonds, and individual stock CFDs.

Meanwhile, AvaTrade offers the alternative of using two social trading platforms – ZuluTrade and DupliTrade – which require a minimum deposit of $500 and $2,000 respectively to be accessed.

AvaTrade Summary

AvaTrade was founded in 2006 and it is registered in the British Virgin Islands as AVA Trade EU Ltd. The company is headquartered in Dublin, Ireland and currently serves more than 200,000 clients across 120 countries. This broker is regulated by various tier-1 institutions. These include the Central Bank of Ireland and the Australian Securities and Investments Commission (ASIC). This platform is considered safe due to its extensive regulatory coverage. A €20,000 protection is available for EU investors provided by the Central Bank of Ireland along with negative balance protection for EU clients. Clients can open an account with AvaTrade in a few minutes through an online registration process.


AvaTrade is a safe broker regulated by many tier-1 jurisdictions. This online brokerage firm offers a wide variety of CFDs that cover various financial instruments including stocks, bonds, and ETFs, even though its portfolio is fairly limited compared to its competitors.

Trading fees charged by AvaTrade are a bit higher compared to its rivals but the cost of trading with this broker is lower once all other fees are considered.

Opening an account with this broker is easy and takes only a few minutes.

This review should provide many important details to help you in making an informed decision about which broker you decide to chose for your trading journey.

Our Score: 4.9/5 Stars

  • Regulated by top-tier financial authorities
  • Serving over 200,000 clients worldwide
  • Customer support available in many languages
  • Social Trading Available
  • Five Basic Currencies Available
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Daily Financial News

What is the best crypto wallet ?

What is the best crypto wallet_ a hardware wallet, a software wallet, or a mobile wallet_

What is the best crypto wallet: a hardware wallet, a software wallet, or a mobile wallet?

In the early stages of learning how to use Bitcoin, the security question arises: how to ensure your coins remain in your possession? Only by generating and storing keys in a way that can be verified can you be certain. It is impossible to be sure no one else has a copy of your keys unless you know they were created properly and stored offline.

Hardware wallets create your keys offline using a random number generator, so they cannot be logged. Additionally, the keys are kept permanently offline, so they cannot be accidentally shared on a network.

In software wallets and mobile wallets, random number generators are often built into the device the wallet is installed on. Since they use inputs like the current time to calculate randomness, they are difficult to verify and generally not secure. Even if your device generates randomness in a secure manner, host the resulting keys on a networked device, and an attacker can extract, view, or intercept them at any time.

It is transparent to verify that open-source hardware wallets create and store randomness securely, and that your keys are kept offline while being protected from threats like phishing. It is different in the case of open-source Bitcoin wallet though.

In addition to protecting against other vulnerabilities, hardware wallets resolve new attacks both progressively and reactively among security researchers. Supporting bug bounty programs ensures that all types of security issues are regularly checked.

What is the best crypto wallet_ a hardware wallet, a software wallet, or a mobile wallet_

What is the best crypto wallet_ a hardware wallet, a software wallet, or a mobile wallet_

Stay more secure everywhere

Hardware wallets have set a new standard for universal cybersecurity, as we discussed above. According to speculators, the future of the internet – dubbed Web3 – will rely on cryptographically secure keys backed up physically. In the cryptosphere, as well as in everyday business, e-commerce, and social media, hardware wallets are essential.

Your assets and identity are both protected offline when you use a hardware wallet for authentication, so there is no counterparty risk.

As a result of forgetting passwords and changing authenticator devices, security has long relied on third parties. Using the open recovery seed standard, users can backup their accounts safely without relying on a third party and recover accounts from any compatible device. Using Shamir backup, the recovery seed is split into multiple equal parts for stronger security.

Keeping in mind that not just crypto can be targeted is important. Similarly, your data can be leaked, resulting in phishing attacks, hostage situations, or compromised devices arriving by mail.

It has become easier and more affordable for everyone to have verifiable security thanks to hardware wallets.

The base layer of crypto security is hardware wallets

By bridging the digital and physical worlds, hardware wallets create digital keys offline and keep them safe. Crypto assets can be controlled with the keys in many ways, such as two-factor authentication, digital signatures, or two-factor authentication.

With open standards, you can ensure the same level of security across any app you use. As a result, dozens of hardware wallet manufacturers have appeared around the world, accelerating the adoption of crypto security and ensuring standards are maintained to ensure your coins remain yours regardless of wallet.

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Industry News

School4Trading Review – How to Spot Possible Forex Broker Fraud

School4trading Review

School4Trading Review – How to Spot Possible Forex Broker Fraud

In this School4trading Review, we will look at the features of the software, as well as the customer support. First, let us look at the interface. The design is simple and easy to navigate. It also provides a chatbot, which helps you to communicate with the broker. The customer service is warm and inviting, which is a hallmark of a good broker. In contrast, a fraudulent broker will use cold and impersonal customer support to lure people in.

Another problem with the system is that the login process is not always intuitive. You may have to retype your password several times to get in. Then, you may experience difficulties withdrawing your funds or accessing your account. In such cases, you might have to wait for days or even weeks before you can withdraw the money you’ve invested. This is not a good sign. It’s better to choose a different trading platform altogether.

If you’re having trouble logging in, you should also check the legitimacy of the broker. Whether the broker is licensed by a reliable regulatory body or closed down, you’ll want to be sure it’s legitimate. If the broker isn’t licensed by the right body, don’t trust him. You shouldn’t waste your time with an inexperienced company. This will only cause you problems in the long run.

The next factor that should be checked is the licensing. A legitimate broker will have a license from a high regulatory body. However, a broker without a license will be unreliable. Moreover, a reliable regulator will take away the license of a scam broker. As a result, a trustworthy School4Broker/Profittrade review should mention fees, account rules, and contract terms. A scam broker will be unable to operate legally.

Secondly, look for warning signs. The broker should be licensed and regulated by a reliable regulatory body. It should be regulated by a high level. If it doesn’t, it’s a scam. Lastly, it should have a website that lets you easily access your account. Moreover, you should not hesitate to check the contact information. If you find any information that seems suspicious, you should reconsider using the broker.

In summary, Forex trading isn’t easy, but it doesn’t have to be complicated. It’s not as difficult as it seems if you’ve heard about the program. You’ll learn everything about the basics and how to become a professional. But if you’re still unsure about whether this program is right for you, don’t hesitate to contact a school4trading’s website.

The most important thing to remember when it comes to Forex trading is that it’s not easy. While it’s important to have a strong background in trading, there are a number of factors that can affect your success. Having a proper plan is vital in the long run, because you will be trading with real money. And, the platform should be reliable. Otherwise, you’ll end up losing a lot of money.

As we’ve mentioned, Forex is not easy. Investing isn’t something you can do in the comfort of your own home. You need a proven system. There are no free trials, so you’ll have to find a way to do it yourself. This isn’t a scam, and it’s a great way to make money without any help. A Forex system can help you learn the intricacies of the market.

Although the process of learning Forex isn’t an easy one, it’s certainly not impossible. Fortunately, there are many people who are willing to take the time to learn how to trade. But, even the most experienced trader needs to be aware of the risks of the market. While Forex trading isn’t easy, it can be done with the right knowledge. The software’s user-friendly interface is key.

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Daily Financial News

Don’t Count On JPY Correction; Staying Long GBP/JPY

The path of the potential pace of the JPY decline may still be underestimated by markets, which continue trading the JPY long.

While the 10% USDJPY advance from September lows looks impressive from a momentum point of view, it may no thave been driven by Japan’s institutional investors reducing their hedging ratios or Japan’s household sector reestablishing carry trades.

Instead, investors seemed to have been caught on the wrong foot, concerned about a sudden decline of risk appetite or the incoming US administration being focused on trade issues and not on spending. Spending requires funding and indeed the President-elect Trump’s team appears to be focused on funding. Here are a few examples: Reducing corporate taxation may pave the way for US corporates repatriating some of their USD2.6trn accumulated foreign profits. Cutting bank regulation could increase the risk-absorbing capacity within bank balance sheets. Hence, funding conditions – including for the sovereign – might generally ease. De-regulating the oil sector would help the trade balance, slowing the anticipated increase in the US current account deficit. The US current account deficit presently runs at 2.6% of GDP, which is below worrisome levels. Should the incoming government push for early trade restrictions, reaction (including Asian sovereigns reducing their holdings) could increase US funding costs, which runs against the interest of the Trump team.

Instead of counting on risk aversion to stop the JPY depreciation, we expect nominal yield differentials and the Fed moderately hiking rates to unleash capital outflows from Japan.The yield differential argumenthas become more compelling with the BoJ turning into yield curve managers. Via this policy move, rising inflation rates push JPY real rates and yields lower, which will weaken the JPY. Exhibit 12 shows how much Japan’s labor market conditions have tightened. A minor surge in corporate profitability may now be sufficient, pushing Japan wages up and implicity real yields lower.

JPY dynamics are diametrical to last year . Last year, the JGB’s “exhausted”yield curve left the BoJ without a tool to push real yields low enough to adequately address the weakened nominal GDP outlook. JPY remained artificially high at a time when the US opted for sharply lower real yields. USDJPY had to decline, triggering JPY bullish secondround effects via JPY-based financial institutions increasing their FX hedge ratios and Japan’s retail sector cutting its carry trade exposures. Now the opposite seems to be happening. The managed JGB curve suggests rising inflation expectations are driving Japan’s real yield lower. The Fed reluctantly hiking rates may keep risk appetite supported but increase USD hedging costs.Financial institutions reducinghedge ratios and Japan’s household sector piling back into the carry trade could provide secondround JPY weakening effects

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