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AvaTrade Review | Security, Apps & Features | Invezz

AvaTrade provides CFD (Contract for Difference) trading for a wealth of different assets including commodities, ETFs, forex, stocks, indices, and cryptocurrencies. CFD trading allows users to trade against the changes in the price of an asset without having to buy the underlying asset. These types of trades are usually leveraged in the interest of profit…

AvaTrade Overview

What can I do with AvaTrade?

AvaTrade provides CFD (Contract for Difference) trading for a wealth of different assets including commodities, ETFs, forex, stocks, indices, and cryptocurrencies. CFD trading allows users to trade against the changes in the price of an asset without having to buy the underlying asset. These types of trades are usually leveraged in the interest of profit maximisation. If you are interested in buying and holding cryptocurrency for yourself, you should be looking at cryptocurrency exchanges or brokers instead; but if you’re looking to profit by trading against the value of crypto, then CFD platforms are the way to go.

AvaTrade provides an extensive amount of educational and analytical resources for traders on their partner website SharpTrader.com. There are also up to 5 mobile and web-based platforms offering different trading instruments and tools for users to choose between.

Which cryptocurrencies can I trade?

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Bitcoin Cash (BCH)
  • Neo (NEO)
  • Ripple/XRP (XRP)
  • EOS (EOS)
  • Litecoin (LTC)
  • Monero (XMR)

AvaTrade Payment methods

With AvaTrade, you are required to use the same methods for the depositing and withdrawal of payments. Before you do so, you will have to submit documents to show proof of identity (POI) and proof of residence (POR). More information on this can be found in the account verification section below. Here is a list of the currently accepted payment methods:

Bank Transfer

You can fund your AvaTrade account through a bank transfer or wire transfer. This could take up to 7 days to show up on your account.

Debit/Credit card

You can make deposits with your Visa or MasterCard. The funds should appear on your account instantly, however, if you are using your credit card to make a deposit with AvaTrade for the first time, it could take up 24 hours before the funds show up on your account. The debit/credit card you use must also be registered in your own name.

Electronic wallets

You can fund your account through various electronic payment methods such as Paypal, Neteller, Webmoney, and Skrill. The funds should be available on your AvaTrade account within 24 hours.

What devices can I use AvaTrade on?

AvaTrade provides several trading platforms that can be accessed by different devices. For example, the AvaTradeGo platform is a proprietary trading platform available on their specially designed mobile app, which can be accessed by both Android and iOS users. Desktop and laptop users can alternatively use the MetaTrader 4 or ZuluTrader platform, which can be accessed through download or on the browser. You can use AvaTrade on:

  • Desktop computers
  • Laptops
  • Mobile phones
  • Tablets

How easy is it to use AvaTrade?

AvaTrade has a simple, organised, and intuitive website that comes in multiple languages including English, Italian, French, German, Spanish, Arabic, Portuguese, Russian, Taiwanese, Chinese and Japanese. The trading platform (MetaTrader 4) can be accessed directly through the landing page upon login. First-time traders might struggle with finding their way around the MT4 platform, which is where AvaTrader’s educational resources and guides come in handy. If you’re new to CFD trading, it usually takes some time to get your head around it all.

Countries supported

AvaTrade is available in over 150 countries worldwide. Although the full list is not specified, we have compiled a list of all the countries supported via recognised regulators below:

  • Austria
  • Belgium
  • Bulgaria
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Italy
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malta
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Romania
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • United Kingdom
  • Australia
  • Japan
  • South Africa

Regulation

AvaTrade is a regulated broker authorised to conduct CFD trading in over 150 countries around the world. Some of the notable entities that regulate the operations of AvaTrade include the Central Bank of Ireland, Financial Services Commission, Australian Securities and Investments Commission (ASIC), and the Financial Services Agency in Japan, and the Financial Services Board in South Africa.

AvaTrade Account verification

The account verification process is quite extensive on AvaTrade.com, largely due to compliance towards regulators. If you are a user based in the UK, you are expected to produce documents that show proof of your identity (POI) and residence (POR). You will be required to answer basic compliance questions regarding your understanding of the risks of CFD trading practices. Therefore, when opening AvaTrade account, you will need to show:

  • A valid government issued ID, passport photo, or driver’s license
  • A utility bill or bank statement within the last three months, which shows your full address, name, and date of receipt.

AvaTrade Customer support

AvaTrade has a multilingual support staff that can be contacted through calls, live chat, and email. Support is currently available in Arabic, Finnish, English, French, Hungarian, German, Korean, Japanese, Polish, Russian, Portuguese, Spanish, and Swedish. The customer support team operates 24/5 and offers localised support for various countries. Avatrade also has an extensive FAQ section where you can expect to find answers to common queries regarding the trading platform, cryptocurrencies, and CFD trading. Response times may vary depending on where you are based.

CFD platform

First impressions

AvaTrade offers different trading platforms depending on the device you are using. If you are operating from a desktop computer or laptop, you will be able to use the MetaTrader 4 program, which is the default trading platform for experienced traders. This is actually the main platform on AvaTrade, which can be a bit daunting for first-time users to use. However, AvaTrade provides a plentiful amount of educational resources on how to use the MT4 platform itself.

On top of this, you will be provided with additional trading features such as market reviews and economic calendars, which update you with the latest news and updates regarding the assets you intend to trade with. There are also more simplistic platform alternatives for inexperienced users, such as the ZuluTrader, or the mobile proprietary platform AvaTradeGo.

What currency pairs can be traded at AvaTrade?

  • BCH/USD
  • BTC/EUR
  • BTC/JPY
  • BTC/USD
  • BTG/USD
  • EOS/USD
  • ETH/USD
  • LTC/USD
  • XRP/USD

Are there fees for trading?

AvaTrade does not charge commissions on trades, withdrawal fees, or inactivity fees. Instead, the platform is funded through its spreads, which are explained below.

What is the minimum spread?

A spread is the difference between the ask (selling) and bid (buying) price of an asset. AvaTrade offers floating spreads, which means that spreads are constantly changing in response to market fluctuations, so it isn’t possible to give a definitive answer to the questions here.

Can I trade cryptocurrencies with leverage?

Yes, you can CFD trade cryptocurrencies with leverage. However, due to how volatile the cryptocurrency market is, leverages are usually a lot lower for cryptocurrencies compared to more stable assets like forex. If any leverage is offered at all on cryptos by Avatrade, it’s usually 2:1.

It is advised that users be careful when trading with leverages, as the potential to make large profits is equally matched by the potential to lose capital.

What are the margins required?

The margin is the minimum amount of money required in order to open a leveraged trade, so you only put up a fraction of your exposure when trading with leverage. Because they fluctuate often, it is best to have a look at the most recent margins on the AvaTrade trading platform itself.

Can I open long and short positions with AvaTrade?

Yes, you can open long and short positions with AvaTrade. Opening a short position means that you are intending to sell at a specific price because you expect that prices will plummet further in the future. On the other hand, a long position is taken when you think that prices are bound to go up in the near future. This can either help you to cut losses or capitalise sooner on profits.

Are there withdrawal and deposit limits?

AvaTrade does require a minimum deposit, and this depends on your payment method and its denominated currency. The minimum deposit via credit or debit card is £100 / $100 / €100, whereas via wire or bank transfer it is £500 / $500 / €500. There are no limits to withdrawals, but AvaTrade does require you to withdraw funds in your account using the same payment method you deposited with.

Summary of AvaTrade CFD trading

AvaTrade provides exactly what you want if you are looking to CFD trade cryptocurrencies with leverage, as they provide a competitive amount of cryptocurrency pairs to trade with. Furthermore, they provide a uniquely wide range of platforms for different levels of traders to trade with, and equip users with a wide range of free educational resources through its partner SharpTrader.com. First-time users who might be inexperienced with trading platforms like MetaTrader4 (MT4) can also practice using the demo for up to 21 days with $100,000.

General

Extra Features

Daily Briefing and Weekly Market Report

AvaTrade provides its users with daily and weekly information on specific markets and assets, which are coupled with detailed analysis and news updates to inform traders.

Auto Chartlist

This is a set of pattern recognition tools that you can use for fundamental and technical analysis as long as you deposit at least $500 in your account.

Demo

As a new user, you can try using a demo account on AvaTrade for up to 21 days, learning the ropes of trading with $100,000 to spend on the MT4 platform without having to submit full verification.

Conclusion

AvaTrade is a reliable CFD platform for users looking to trade with cryptocurrencies. Compared to many other CFD platforms, AvaTrade provides an abundance of trading related resources at little to no cost for its users. These come in the form of daily or weekly news analysis, or educational resources hosted on SharpTrader.com, which teach users how to make the most of their trading platforms.

Users can also check and manage their trades on the go with the AvaTrade mobile app and trading platform AvaTradeGo, as well as interactively learn the ropes through the demo service provided.

In regards to user security, AvaTrade and its subsidiaries have become compliant with an extensive amount of regulators around the world, demonstrating their nature as a dependable and reliable trading platform.

The only detriment with AvaTrade is that they might take time to move your money. Compared to most other CFD platforms, users have reported that withdrawal times with AvaTrade are unusually long, although they do always arrive eventually.

How to set up an account

Decided to register an AvaTrade account? Great, here’s how it’s done:

  1. Visit AvaTrade’s official website, and click on ‘create account’.
  2. You will be redirected to a page where you can start to fill in your personal information, including your full name, country of residence, phone number, and email address.
  3. At this point, you will be able to use a demo account through the web-based platform. If you wish to start trading with real money, you will have to get your account fully verified. Details on how to do this can be found in the ‘account verification’ section.
  4. Once you have submitted the requisite documents and gotten approval for them, you can start CFD trading with AvaTrade once you enter your first deposit!
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Online Trading platform SIRIX

best-forex-demo

SIRIX|  Online Trading platform SIRIX Review

[yasr_overall_rating]

Everyone that has been trading for some time has most likely traded on the metatrader 4 trading platform of metaquotes. This has been the standard in the industry for the last couple of years.

 

But more and more brokers Like CMSTrader and UBCFX are offering alternatives that might suite certain traders even better then the MT4 as they have a lower learning curve and are designed more intuitive.
One of these platforms is the Sirix Trading Platform.
The Sirix Trading platform is

Sirix, a fully packed trading software with numerous with numerous options and special indicators that are designed by the software company to present you with a personalized trading experience.

Positive features and benefits of the Sirix Trading Platform

Ease of Use: if you are a trader you will be able to access your Sirix trading platform and see all your trades and other information at any place and time. The Web-trader is a fully function trading platform that does not require you to do any download. This has more or less become the norm of the industry and if you for example take the Sirix Trading platform of LegacyFX you will be able to have a download desktop version, a web version and a mobile version.
these in general all have the same functionalities but of course is the mobile version a bit more limited due to the smaller screen real estate.

Indicators and Options: this platform provides build I more than 50 Indicators which for most traders is over kill but it does allow most traders to find the right indications to match their trading behavior and trading strategies.

The Charting Package that Sirix provides is easy enough to understand and gives you as a trader all the information you need, there are different time frames that in combination with the ability to display lines and annotations make this platform feel like it is designed for you.

Social Trading: Sirix has a full feature social trading module that allows you to watch the trades of others which might give you new insights and trading ideas. If you come a across a trader that is particular successful you are able to copy that traders’ trades and create a full automated copy trader,
You as the trader are still in charge and you have the option to trade with lesser or higher amount then the trader you are copying.
In order to use the social trading, you have to open an account with their social trading community.

This can only be done by using a nickname an order to protect you identity. When you are part of the community then you are part of all the brokers that offer this feature to their traders. Meaning you are able to follow a trader that is trading with 12trader while you are trading with account from UBCFX or any other broker that has Sirix.

Now I have to mention that if you look to only trade social then the Etoro Platform is still a better solution s this system is built only for social trading and they have pretty much defined the concept.

 


Sirix Crypto Trading Platform

this is the latest platform that was launched by Leverate.

it focuses , just like the name says more n the trading of cryptocurrencies.

as this company understands that this is the direction where the market is going and more and more traders are asking for trading in Bitcoin or ripple trading to just name a few they have added this feature to the Sirix Platform , this means that every broker that has the sirix trading platform is in theory able to offer trading in cryptocurrencies.

in addition they have launched also a platform that is only trading cryptocurrencies but that will be another review as i have yet to see and play with this system


Conclusion
The Software company Leverate has created a very user friendly platform with inbuilt social trading and news functionality. When they launched this platform in 2012 it was already a good platform but today it rivals the best of them easily.

The Intuitive aspect of this platform is one of the key features and makes the threshold of trading lower for newbies. There is also a fastn amount of Sirix Tutorials out there that will help even the total beginners with the Sirix Platform

Now of the traders that need bots and more indicators then there sis still nothing that beats the metatrader 4 trading platform but for many traders Sirix offers more then enough and makes the trading experience easier then with MT4.
More and more brokers are offering this alongside their other trading platform so you as a trader will come across more and more brokers that have the Sirix Trading platform in their arsenal.

These are some of the Best Broker for trading on Sirix

UBCFX
LegacyFX
12Trader
CMStrader

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Who Will Speak at Blockchain & Bitcoin Conference Stockholm?

Who Will Speak at Blockchain & Bitcoin Conference Stockholm?

Bringing DLT Specialists Together:

 

 On September 11, Sweden will host Blockchain & Bitcoin Conference Stockholm organized by Smile-Expo – international coordinator of business events.

The conference will introduce various topics regarding blockchain and will drive attention to the most topical problems of the cryptocurrency market today.

Key speakers:[yasr_overall_rating]

One of the invited experts is the Member of Swedish Parliament Mathias Sundin who is involved in the Tax Committee and the Finance Committee. The specialist has co-founded a revolutionary technological organization Warp Institute and joined financial company Goobit. At the event, the speaker will analyse the power of decentralized systems, evaluating its long-term strenghts.

Head of Digital and Innovation at Landshypotek Bank Merete Salmeling will deliver the presentation, too. She will explain how DLT can be integrated into the real estate, and what advantages it brings.

President of Blockchain Alliance Europe Tanja Bivic Plankar will join the conference as well. Being an initial coin offerings expert, she will share knowledge about ICOs, describe recent innovations in the token sale sphere and talk about the regulatory framework.

Meet the speakers at the Blockchain & Bitcoin Conference Stockholm

Regulatory and legal challenges coming with innovations will also be discussed by Dr. Guenther Dobrauz-Saldapenna – Partner & Leader PwC Legal Switzerland. The speaker is a lawyer, VC investor, and banking specialist. He provides business consultations and has already written 10 books discovering innovative processes, money and technology.

See the full list of Key speakers here

Blockchain & Bitcoin Conference Stockholm is the second crypto event in Sweden carried out by Smile-Expo. The company has already held 40 successful crypto conferences in 25 countries.

Use an opportunity to meet leading DLT specialists, ask questions and learn new topical information about the blockchain industry at first hand at the conference!

Blockchain & Bitcoin Conference Stockholm

Details of the event and registration are available on the official website of Blockchain & Bitcoin Conference Stockholm.

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Go Visit the Blockchain & Bitcoin Conference Stockholm

Go Visit the Blockchain & Bitcoin Conference Stockholm

The Blockchain & Bitcoin Conference Stockholm is a highly anticipated crypto event in Sweden.  and is being held for the second time.

after the success of the first one they look to make this event a annual one.  since the crypto industry is going more and more out of the shadows and becomes more mainstream you will find that the quality of people involved also grows.

this is clearly displayed in the extensive list of speakers at this event.

Event goals:

bringing together the international business community in order to share their experience of integrating blockchain and cryptocurrencies; discussing blockchain industry issues and finding ways to solve them; encouraging a balanced growth of the cryptocurrency market.

Conference topics: 

  • blockchain in various sectors: energy industry, real property, newsmaking etc.
  • Legal regulation of the blockchain sector
  • token models and their application
  • ICO regulation.

Speakers:

the list of world-renowned blockchain experts, including government officials, foreign investors, entrepreneurs, lawyers, and developers is impressive and should get this event the notice it deserves.

Meet the speakers at the Blockchain & Bitcoin Conference Stockholm

who should not miss this Event :

investors, business people, lawyers, startup founders, and those aiming to launch a token sale.

why should not miss this Event :

:to receive full information with case studies about the blockchain application, to discover how to comply with the legal norms in the blockchain industry, to find business partners, and to enhance your brand awareness.

Prices of the Event

Standard ticket  – 240 EUR

  • Full access to all conference sessions
  • Access to demo area
  • Сoffee breaks
  • Speed networking

Student ticket – 121 EUR

  • Full access to all conference sessions
  • Access to demo area
  • Сoffee breaks
  • Speed networking

A valid student ID should be presented at check-in. No refunds on the day of the event.

Buy Your ticket Now


Blockchain & Bitcoin Conference Stockholm is a part of the series of Blockchain World Events held in 25 countries. The organizer is Smile-Expo International Company.

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