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AvaTrade is an experienced, award-winning brokerage with a strong global presence that allows new and experienced traders access to over 250 trading instruments via its online platforms.
As of March 29, 2021, Australia’s corporate regulator ASIC has announced new leverage restrictions on CFD issuers. Finder is doing its very best to verify these updates with the providers displayed on our site, however we cannot confirm that all details displayed on Finder are up to date. Read ASIC’s order notice for more information on the new leverage rules.
Trading CFDs and forex on leverage is high-risk and not suitable for all investors - you could even lose your initial investment. Always check the provider’s PDS and consider the risks before trading.We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Type of broker | Online |
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Available markets | 50+ currency pairs, options, commodities, cryptocurrency, index CFDs, stock CFDs, bond CFDs, metals |
Minimum Spreads for Major Currencies | AUD/USD is 2.2 pips or 1.5 pips for EUR/USD |
Commission | $0 |
Minimum opening balance | $100 |
Minimum Trade Size | 0.01 Lot |
Leverage | 30:1 |
Platforms | MetaTrader4 AvaTradeAct web trading AvaOptions AvaTradeGO Automated Trading |
Support | Phone, email and live chat |
Go to site More Info |
With a goal of perfecting the online trading experience for retail traders, AvaTrade has total trading volumes of more than $60 billion per month. Read on to learn more about the features of AvaTrade.
With AvaTrade, you don’t need your own cryptocurrency wallet. You can get a feel for the market by speculating on different cryptocurrencies. You can also make money by shorting instead of counting on price increases only.
Similar to making other investments with AvaTrade, you can leverage your position to take full advantage of market movements with a relatively small initial deposit, and deal with a broker for more convenience and assistance.
AvaTrade offers all of the following pairs against USD. You can maximise your returns by learning more about each cryptocoin, and the movements that affect their value.
AvaTrade offers instant trade execution so you can take advantage of profitable opportunities as they arise.
AvaTrade offers access to a range of trading platforms that includes AvaTrader and MetaTrader 4, the world’s most popular trading platform. AvaTrade also gives you access to both mobile trading and web trading as well as access to software for Mac users.
AvaTrade offers four account types to suit the needs of different traders: Silver, Gold, Platinum and Ava Select. These accounts differ in terms of the minimum deposit required and in terms of access to market analysis and a direct dealing room.
AvaTrade allows you to trade from your PC or Mac as well as from your chosen web browser. Mobile trading is also available via iPhone and Android devices using AvaTrader Mobile.
AvaTrade offers fixed and floating spreads across all forex currency pairs. The minimum floating spread for AUD/USD is 2.2 pips or 1.5 pips for EUR/USD.
Leverage of up to 30:1 for forex currency pairs allows you to make the most of trading opportunities. Note: As of March 29, 2021, ASIC has reduced the maximum leverage that can be offered on CFD products to 30:1. We have reached out to AvaTrade for confirmation on leverage details and are awaiting a response.
The minimum AUD deposit to open an account is $250 if depositing via credit or debit card, and $500 if depositing via wire transfer.
Based in Ireland, the Central Bank of Ireland regulates AvaTrade. In Australia, the Australian Securities and Investments Commission handles its regulation.
You can deposit funds into your account via debit or credit card (Visa or Mastercard) or by wire transfer.
AvaTrade offers 24-hour customer support from dedicated account managers, ensuring that you can always access help if you need it. Plus, it offers a range of free educational tools and videos and training resources.
If you’re new to trading or simply want to test out the platform, AvaTrade also offers a free demo account to use to give you a better feel for the platform and its features. You’ll get $100,000 in virtual funds to practice trading.
This is the most popular trading platform around the world, offering a large selection of trading tools and resources and details analytics. Receive trading signals from leading providers, access floating spreads, and interactive charts. This platform is available on PC, iOS and Android devices.
This platform offers user-friendly features that new traders can feel comfortable with, including a customisable layout and timezone. Access simple charts and a range of order types including Stops, Trailing Stops and Limit Orders.
Advanced traders can access options with expirations from one day to one year, over 40 forex pairs plus gold and silver and advanced risk management tools. Traders can also access Stop and Limit Orders.
AvaTrade clients get access to the web-based and mobile versions of their chosen platform for free when signing up.
Choose between MetaTrader4, AvaTradeAct or AvaOptions web trading platforms. Or, if you want to trade on-the-go you can use AvaTradeGO. There’s also AvaTrade’s Mac Trading platform for Mac users.
These platforms allow traders to simply mirror the trades of others. DupliTrade enables you to mirror the trading strategies of other successful traders and is suited to MetaTrader4 floating spread accounts. ZuluTrade is appropriate for users with an AvaTrade account, and MQL5 Signals Service is also right for Ava MetaTrader4.
You will need the following information:
You will also need to send proof of ID to AvaTrade before your account can be opened. Proof of ID documents can be emailed to AvaTrade, or you can upload them through your AvaTrade account.
Compare Australian forex brokers below to find one that meets your trading level and needs.
Trading CFDs and forex on leverage is high-risk and you could lose more than your initial investment. It may not be suitable for every investor. Refer to the provider’s PDS and consider the risks before trading.