AvaTrade Review 2022
AvaTrade is a popular forex and CFD broker. Its reputation has been bolstered by multiple regulatory agencies, including the CySEC. The broker offers commission-free trading and other benefits, including expert ratings, mobile trading, and cashback rebates. This review will take a closer look at key metrics and payment options. This company is based in Ireland, and provides its customers with a multi-asset trading platform.
AvaTrade offers a number of platforms to clients. We will discuss these platforms in more detail below, but the basic platform is a great option for those new to trading. There is also an advanced trading platform, which is similar to MetaTrader 5. These features provide a good user experience, which makes AvaTrade a top choice for many investors. The company also offers an extensive library of educational content. There are more than 60 in-depth articles, and AvaTrade has an advanced section for experienced traders.
While AvaTrade does accept credit cards, the funds may take up to 24 hours to appear. You can also fund your AvaTrade account with electronic payment methods such as PayPal, Neteller, Webmoney, and Skrill. Once you deposit funds to your AvaTrade account, the funds should be available on your account within 24 hours. AvaTrade has a number of payment options, and we’ll discuss some of them in our AvaTrade review.
AvaTrade offers three different order types. You can choose between market order, limit order, and stop order. You can select the type of order based on your preferences and financial condition. For instance, a market order will execute a purchase at the current price. A limit or stop order will set a minimum or maximum buy price. Both types will be executed at the price you have specified. Whether you’re trading for a short-term gain or for long-term investment, you can use AvaTrade’s calculator to calculate your spread and swap fees.
Besides the MetaTrader platform, AvaTrade offers several proprietary platforms. AvaTrade’s two proprietary platforms include ZuluTrade, which is accessible via WebTrader, and DupliTrade, which is an advanced trading platform. AvaTrade is regulated in six jurisdictions, including New Zealand. Moreover, the provider has a license in all countries. Its regulated status ensures the safety and security of its clients’ funds.
AvaTrade offers a solid user interface. However, the website can be difficult to navigate, which is why you should consider a demo account before investing your money. The platform also offers a live chat option, which is beneficial when you want to learn more about a specific currency pair. You can also choose to open an account using a different type of currency. It can be hard to make a decision based on the company’s reputation and customer support, but the website will help you to make an informed decision.