One isn’t short of options when choosing a Forex/CFD trading platform today. One that has been getting positive reviews is AvaTrade. Its offering is quintessentially compelling and irresistible. AvaTrade offers variable trade exchange options, which includes Limited, Stop Loss, Trailing/Entry Stops, Market Orders and more. First off, its website boasts an impressively responsive design, which makes navigation smart and snappy. It’s developed in multiple languages, including Japanese, English, Russian, French, Taiwanese, Spanish, Arabic, Italian, Portuguese, Chinese, and German. This global Forex/CFD connoisseur emerged in 2006.
It’s now ranked among the biggest names in the industry. It’s a CBI (Central Bank of Ireland)-regulated broker operating in Milan, Tokyo, New York, Sydney, and Dublin. AvaTrade also complies with the trading policies of the FSC (Financial Services Commission) in the BVI (British Virgin Islands) and Japan. Similarly, it’s in compliance with ASIC (Australian Securities and Investments Commission) and received its license from the European Union’s MiFID.
AvaTrade was among the earliest set of Forex brokers that introduced CFD, and later adopted digital currencies (Bitcoin). It also has an exciting CFD roller program that allows traders to conveniently swap an expired contract for another without a penalty. This platform offers rich educational content through live webinars and digital courses geared towards helping traders learn complex strategies.
It has an attractive bonus program, which offers anywhere from $40 to $10,000 depending on the amount deposited. This typically applies to trading deposits of $200 to $50,000. Ireland and UK traders have an opportunity to take advantage of AvaTrade tax-free Spread Betting feature. Both demo and live accounts qualify for this program on the AvaTrade platform called MT4 (MetaTrader 4).
AvaTrade creators envisioned an interactive customer-orientated Forex trading platform. When Clal Finance, Negev Nosatzki, and Emanuel Kronitz launched AvaTrade in 2006, it operated under the trade name Ava FX. As it expanded its product portfolio to include a wider selection of financial services, for example, bonds, stocks, and indices. Its key investors agreed to a rebranding of the company to AvaTrade in 2013. By then, it already had over 200,000 active members across 160 countries.
Its platform features the ACT (Ava Trader) and MT4 software, where spot trading is an extension of its trade orders. Ava Trader offers a simpler, more dynamic environment for custom orders. Avatrade has also launched into vanilla currency trading through its newly developed Ava Options platform. They officially introduced the program in 2013. It involves complex reinsurance and trade investment strategies.
Zulu Trade and Mirror Trader platforms are also adapted for Avatrade automation. A year later (2014), they launched an educational training hub, namely Hush Trade. Through this channel, they’re enabling members by providing meaningful resources, including educational materials, strategy tips, etc. All of which have been exploited by the industry’s top traders.