AvaTrade Review & Platform Guide

AvaTrade stands out as a highly acclaimed CFD platform, offering a wide array of tradable assets. Users can dabble in stocks, cryptocurrencies, commodities, forex, ETFs, and more. With legal oversight spanning Europe, Australia, Japan, the British Virgin Islands, and South Africa, AvaTrade has cemented its status as a trusted name in the financial trading sector since 2006.

AVA Trade Ltd is subject to regulation by the B.V.I Financial Services Commission. AVA Trade EU Ltd follows guidelines set by the Central Bank of Ireland (No.C53877). Ava Capital Markets Australia Pty Ltd operates under ASIC (No.406684), while Ava Capital Markets Pty in South Africa abides by the FSCA (No.45984). Ava Trade Japan K.K. is authorized by the FSA and FFAJ in Japan (No.1662).

AvaTrade offers a web trading platform that's both user-friendly and readily accessible. Equipped with comprehensive graphs and charts, users can effortlessly track asset price movements. Supporting over 20 languages, including major European languages, the platform also features advanced options like MetaTrader 4, MetaTrader 5, DupliTrade, and ZuluTrade.

Like several trading platforms, AvaTrade enables users to trade via mobile and smartwatch applications compatible with iOS and Android. Additionally, there's a free, three-week demo account to refine trading skills without capital risk.

In this AvaTrade analysis, we offer a complete examination of the platform's features and services. While Cryptimi strives to present precise data and regular updates, visiting AvaTrade's official site is recommended for the most current updates beyond this review.

Is AvaTrade Safe?

To ensure utmost security, AvaTrade safeguards all sensitive user data on secure servers. Transactions are SSL encrypted, and clients' funds are securely held in separate accounts.

AvaTrade CFD Trading Platform

AvaTrade provides trading in CFDs on renowned cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Beyond cryptos, it offers stocks, forex, commodities, indices, bonds, and ETFs. Comprehensive asset listings are available on AvaTrade's site. Educational resources like blogs are accessible to aid in comprehending trading essentials. CFD trading As highlighted earlier, AvaTrade boasts multiple prestigious accolades. In 2021, it secured prominent honors:

Outstanding Commissions and Fees Structure

• First for Innovation
• These accolades expand on AvaTrade's historic awards, which include being named Best Forex Broker in 2019 and Most Innovative CFD Broker.
• Best in Class Crypto Trading
• Best in Class Ease of Use
• Best in Class Education
• Best in Class Social Copy Trading

The web trading interface of AvaTrade simplifies navigation. With detailed pricing charts, users can grasp asset price variations effortlessly. However, it lacks options for setting price alerts or notifications; users can still mark ‘Favorites’ to track assets.

User Friendliness

Navigation is simplified for on-the-move traders through easy-to-follow instructions.

AvaTrade also offers a mobile app ( Android / iOS The AvaTrade sign-up entails an in-depth application, asking for information such as name, address, contact details, income, and assets.

AvaTrade CFD Trading Account

Besides the standard offering, AvaTrade also has Professional Trading accounts, subject to eligibility.

Steps to set up your AvaTrade account:

How to Sign up with AvaTrade

Visit their site and hit ‘Register Now’.

1. Navigate toProvide personal details like your name, email, phone number, and proceed with ‘Create Account’. Alternatively, use Facebook/Google credentials for account creation.
2. Adhere to on-screen prompts, fill in all fields.
3. Welcome! Your AvaTrade account is ready. You'll be led to your account dashboard. Ensure you complete the KYC process by uploading necessary ID documents for identity verification before engaging in trades.

To access your account, follow these instructions:

How to Log in on AvaTrade

Head over to their site, selecting ‘Login’ at the top right.

1. Input your email and password, then click ‘Login’.
2. You've gained access to AvaTrade's web trading platform.

Given AvaTrade's regulatory compliance, you need to verify your phone number and submit requisite documents for account validation before trading. Upload a government-issued ID like a passport, driving license, or national ID for identity verification, and a document like a bank statement or utility bill for address confirmation.

Verification Requirements

How to Transact Bitcoin CFDs with AvaTrade Effectively

Verification and fund deposits are prerequisites before engaging in CFD transactions.

Here's how to fund your AvaTrade account. Minimum deposits are 100 EUR/USD/GBP/AUD for cards/e-wallets, and 500 for wire transfers.

How to Deposit Funds on AvaTrade

Login, find the ‘Deposit’ section on the left. EUR/USD/GBP/AUD.

1. Choose your deposit method (Card/Wire Transfer/e-Wallet).
2. Specify the deposit account and amount.
3. Adhere to on-screen directives and fill in necessary payment details.
4. Once approved, funds will appear in your account. Do note, wire transfers might take longer—up to 10 business days compared to e-Wallets.
5. Finally, click ‘Deposit’.

Let’s dive into executing Bitcoin CFD trades on AvaTrade.

Images serve illustrative purposes, actual product may differ.

1. Opt for ‘Buy’ or ‘Sell’ based on your trade outlook.
2. Select BTC from the list of assets.
3. Determine your order volume, proceed with ‘More Options’.
4. From options like Take Profit/Stop Loss/Price Trigger Execute, choose your order type.
5. Finalize by clicking ‘Buy’ or ‘Sell’ to execute your trade.
6. After placing orders, track asset statuses in ‘Open positions’.

Caution: Trading Forex/CFDs, Spread-betting & FX Options entails significant risks, potential capital loss. It's advised to consult AvaTrade's risk disclaimers before proceeding.

Aligned with AML policies, ensure withdrawals reflect the original funding method. Withdraw up to 200% back to a card before switching methods.

How to Cash Out on AvaTrade

Sign in and navigate to the ‘Menu’ option (Three horizontal lines).

1. Adhere to instructions for all necessary fields.
2. Click ‘Withdraw’.
3. Withdrawal requests typically process in a day. Credit/debit cards may take up to 5 business days, e-wallets 24 hours, wire transfers up to 10 days.
4. Finally, click ‘Submit’.

Currently, AvaTrade supports trades in the following:

Supported Cryptocurrencies

Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), EOS (EOS), IOTA (IOTA), Dash (DASH), NEO (NEO), Stellar (XLM). cryptocurrency CFDs :

To view AvaTrade's latest cryptocurrency lineup, visit their official site.

AvaTrade welcomes traders from numerous countries to engage in CFD activities.

Supported Countries

Highlighted are the 50 top-supported countries:

Supported

Austria, Australia, Bulgaria, Canada, Chile, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, France, Finland, Germany, Greece, Hong Kong, Hungary, Ireland, Italy, Latvia, Luxembourg, Lithuania, Malta, Netherlands, Norway, Poland, Portugal, Qatar, Romania, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Syria, Thailand, Turkey, Tunisia, UAE, Uganda, Ukraine, UK, Japan.

As per the latest updates, AvaTrade doesn't currently accept residents from USA, Pakistan, Afghanistan, Iran, Oman, Egypt, Jordan, Iraq, Kuwait, Maldives, Morocco, Libya, Tunisia, Somalia, Belgium, and Brunei.

Excluded

Each CFD platform exhibits a distinct fee structure and trading limits. A comprehensive AvaTrade analysis mandatorily reviews these core cost aspects.