AvaTrade has raving reviews on trading platform because it offers the combination of a low minimum deposit and access to over 200+ traded products. Leverage is available at 1:400 and spreads start at only 0.9 pips. This company offers the most competitive spreads and leverage combination of any other Forex broker, meaning that the company is truly a great place for you to begin trading.
At a deposit of above $1000, you’ll have access to market analysis and daily signals. This can make a big difference in the success of a Forex trader because signals can make trading easier. If you have an account balance at or above $10000, you’ll have access to your very own dealing room whom you can contact in order to make trades. Finally, at the AVA Select level of $100,000 you’ll have access to flexible trading conditions and your funds will only take 24 hours to withdraw. Normally, a funds transfer request only takes 24 hours. All account levels have access to a debit card which makes it easier for you to have access to your funds.
AvaTrade also offers many different types of orders: market, limit, entry, stop loss, and trailing stops. Another unique type of order which not many other brokers offer is an If-Done order and a One Cancels Other order. An if-done order features a limit order which is activated at the desired price and another order which is activated once the limit order fills. A One Cancels Other order triggers a stop once one order cancels or triggers a stop. Our review of AvaTrade is that they are great platform which offers several different options for trading.
AvaTradeAct, MT4, and automated trading are among the various trading platforms that the company offers. It was founded in 2006 and features many different options for trading. The aim of the platform is to make trading simpler and provide a global presence. The company also features a partner program which offers white label solutions to introducing brokers, money managers and other individuals.
AvaTrade is managed by 5 individuals with extensive experience in the Forex industry. The CEO of the company is Daire Ferguson, who was formerly a Senior Treasury Manager at Bristol-Meyers Squibb and a former head of Forex at large banks around the world.
The CFO of AvaTrade is Mr. Joseph Seery with 25 years of experience at a wide range of companies.
Full review of AvaTrade here.