In this video we will do Avatrade review!
Avatrade review – Broker Details
Avatrade is a multi-national company with regional offices and sales centers in Paris, Dublin, Milan, Tokyo and Sydney. With its administrative headquarters to be in Dublin, Ireland. The company was founded in 2006 and is been regulated under several jurisdictions.
Today Avatrade has more than 300,000 registered customers globally, executing more than two million trades a month.
Avatrade review – Assets&Markets
Users who hold accounts or thinking to open an account in Avatrade Broker can trade various assets across 7 asset classes, but to be more precise those are :
More than 60 Forex Pairs , with spread starting at 0.9 and leverage of 400 to 1
More than 630 stocks such Apple, Amazon, Intel and Microsoft with spreads starting at 0.13% and Leverage of 10:1
18 Commodities, such as Gold, Crude oil, Silver and platinum, with spread to vary depends the commodity and the leverage to be from 50:1 to 200:1
More than 50 FXOptions with spreads to start at 0.9 pips and leverage of 100:1
20 Cryptocurrencies such as Bitcoin, Ethereum and RIpple, with leverage starting from 5:1 to 25:1 and the spread to change based on the currency from 0.5% to over 2%
32 Indices, such as Dax 30, NIKKEI 225 and US500 with leverage of 100:1 to 200:1 and spread from 0.10 point and up
60 ETFS with leverage of 20:1 and Spread from 0.13%
And last 2 Bonds , Euro -Bond and Japan Government Bond with spread starting at 0.03 points and leverage of 20:1
Avatrade review – Account Types
Despite what the majority of brokers do when it comes to account types, Avatrade offers the same type of account to all its users which for some will sound great, but on the other hand not all users have the same needs.
Avatrade review – Trading Platforms
On our video on how to create and use an account on Avatrade we go through their native webtrader platform and we provide a tutorial on how to trade on that platform.
Additionally you are not familiar with the MT4 and MT5 platforms We have created dedicated videos on each for both desktop and mobile. You can find the videos on your screen in the description below.
Avatrade review – Funding Options
Avatrade offers quite a few options for the traders to fund their account, those are :
Visa and Mastercard , Wire transfer, Paypal and the following ewallets, Neteller, Skrill, Klarna and Rapid Transfer.
Similar options are offered for withdrawing funds as well.
Avatrade review – Customer Support
Users can contact customer service via email, phone, and WhatsApp.
The services are available 24 hours a day for 5 days of the wee, starting on Sunday at 9 PM GMT to Friday 9 PM GMT.
So let’s have a look at the pros and cons of Avatrade Broker. Starting with the pros:
It is a well Regulated Broker
Been around for more than 15 years
Offers more than 800 instruments to trade with
3 trading platforms offered Metatrader 4 / Metatrader 5 /and native Webtrader
Solid funding options offered with Paypal to be among them
On the cons now:
US Clients not allowed
Only 1 type of account is offered
Crypto is not offered as a funding option
And last Customer Support despite the fact that is solid is only available for 5 days a week
Overall Avatrade is a well regulated forex broker with more than 300K traders across the globe, and one of the top brokers in the market.
Thank you for watching Avatrade review!
The content provided by Refined Investor is for educational purposes only.
The presenter is not a licensed or registered financial advisor. As a non-licensed individual please do not consider any of the ideas in the video as professional investment advisement. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all your initial investment and therefore you should not invest money that you cannot afford to lose!
The content on this video is provided for the sole purpose of assisting traders to make independent investment decisions. Totally Forex has taken reasonable measures to ensure the accuracy of the information on this video. However, Totally Forex does not guarantee its accuracy, and will not accept liability for any loss or damage which may arise directly or indirectly from the content of this video.
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money