AVA Trade has been working on financial markets for 14 years. The company offers traders a wide range of tools for trading – more than 250, including Forex currency pairs, as well as CFDs on stocks, commodities and indices. The regular traders were offered profitable contracts, in particular on Bitcoin and Litecoin.
Advantages of cooperation with AVA Trade
The following advantages are expected by trader:
- Trading on laptop, PC, tablet and smartphone using Meta Trader (4, 5, web version), AVATradeGO, DupliTrade, AvaOptions platforms.
- The most various automated trading platforms, expert advisors, compatibility with the MQL5 programming language.
- Narrow spreads.
- The client’s funds are secure as they are held in separate accounts.
- AVA Trade broker is licensed and accredited in various countries of the world. In particular, they are regulated by IIROC, BVI, FSC, MiFID, Central Bank of Ireland, FSA, FFAJ, ADGM-FSRA, ASIC, FSCA.
Client can get a bonus for opening an account with the broker. The size of the bonus is limited to the amount of 10 thousand dollars. Optionally, client can open a demo account with virtual funds of $100,000. It will be valid for 21 days and will allow you to learn the trading platform without risking real money. With platforms and mobile versions you are allowed to trade in manual mode. Other solutions can be selected for those who prefer automated trading. A wide list of interesting offers boosts the AVA Trade rating.
The support service is available 24 hours a day, except for holidays. Its specialists can provide the client with information in 14 of the most popular world languages, Russian and English are on a mandatory basis. For communication are available: phone, chat, e-mail. If client adds to the account $1,000 and more, he will be able to use the services of a personal manager who will help the client to make the first steps on the financial market, learn the trading terminals and keep abreast of the most important news.
The self-improvement in the context of individual education is available through the offered books, articles, exclusive video-lessons, analytical materials posted every day on AVA Trade official website. There are market analysis, calendar and calculator. Webinars are held in different languages. The target audience of the company is beginners and experienced traders. Free online lessons with a personal trainer are possible. The personal manager will tell:
- What important news happened in the world of finance.
- How to effectively analyze the market.
- Appropriate strategies for effective trading.
- Ways to manage capital.
The fractional lots are allowed from 0.01. There are VIP-account and Islamic account. Margin Call and Stop Out values are 25% and 10% respectively. Spreads are from 0 pips. Among the methods of deposit and withdrawal there are bank transfers, credit cards and various payment services. The account currencies are euro and dollar.
Trading is allowed on holidays. It is possible to take part in tournaments and contests. Swaps are taken into account, so client can earn on the difference of central banks rates. There are opportunities for margin trading. The affiliate program allows the client to earn on each referral client have attracted. It will be interesting for client to read reviews about AVA Trade collected from various websites.
The recent information – from the account of Alexander P. was debited $490 with no financial transactions.
Other people have radically opposite points of view. The first two are dissatisfied with the cooperation, and the last two consider the broker to be a good partner.
The support service responds for a long time, the other conditions are good. It’s necessary to put quite a lot of effort in order to get earnings.
The following screenshots are about stable earnings and the usefulness of the risk manager program.
In conclusion, there are the statement of one trader about the successful withdrawal of large amount of money from the account, and the statement of the second about a scam.
Big and small minuses
To start cooperation with the company client needs to have an amount of 100 USD or more. The broker takes a commission – it’s hard to surprise anyone today. A bonus of 100,000 USD on demo account for trading binary options is provided. With most brokers, the demo account is free and has no conditions for use. Here client gets funds on bonus terms. This means that they have to be worked out.
The leverage is not too high and reaches 1:400 on the upper limit. Execution is only accurate. There is no PAMM trading. The communication with the technical support is unstable. The orders are executed slowly. The company can block the account and deduct the funds without explaining the reasons. This is a good reason to add AVA Trade to the black list. The withdrawal takes longer than expected.
There are disclosed in the user agreement the possibility of setting limits on the amount or the total number of open orders of the trader, as well as an increase in margin requirements until the moment when the account receives a profit or other events and news occur. The company will charge a $50 fee after 3 months of inactivity on the account.