The basics of AvaTrade, known previously as AvaForex, it was established 11 years ago in 2006. It offers leverage of 1:400. AvaTrade’s corporate offices span from New York to Dublin and beyond including Tokyo, Milan, Sydney, and Australia. The regulating authorities are the Central Bank of Ireland, the British Virgin Islands Financial Services Commission, the FSC Japan and by the Australian Securities and Investments Commission.
The minimum deposit to open an account at AvaTrade is $100. The withdraw time is generally 5 days time for the basic accounts. They offer Stop Loss Orders, Limit Orders, Market Orders, and others. They offer total transparency in viewing their trading conditions. They allow normal retail traders the luxury of trading Bitcoin. They allow CFD Rollover allowing trades not to expire at the close of it’s expiration period, instead being rolled over to prevent automatic losses or profits. This allows you more control. Monies are reported to be in separate accounts for maximum safety. Hedging is allowed. Trading is tax-exempt. The MetaTrader 4 Platform is used. Islamic FX accounts are allowed for Muslim traders without requiring a swap.
Based in Dublin Ireland, the Forex trade investments of AvaTrade in a nutshell brings a more simplified approach to the rather difficult world of Forex Trading. They allow you to look through the window and see where your money is headed. Their platform is easy. Trusted traders have invested more than $60 billion dollars per month in the company. This shows you the company’s reliability.
Avatrade does not automatically trade for you, rather it guides you through the very complex maze of Forex. Trained leading experts are included with all paid subscriptions that help to protect your money. Also, for subscriptions that are paid, they provide you with the time zones needed that is a critical piece for you to know when trading. They also provide education via video for you to understand the complete Forex game that you are playing. This will allow you to make the best trades possible. Every level of trader can benefit from this platform as repetition is key.
You can open a free practice account using virtual money.