In the opinion of many brokerage experts, AvaTrade comes out tops in the search for the world’s best broker. Across all aspects of this broker’s trading model there are safeguards and benefits that help to put both experienced and newbie traders at an advantage from the outset.
Depending on your trading platform of choice and your specific global account-holder, AvaTrade puts around 1200 symbols at your disposal, including qualified investment in cryptocurrencies. The cryptocurrency offer, though, is not available to UK residents via AvaTrade’s UK entity.
Their investment portfolio includes:
- Forex Trading
- CFD Trading
- Tradeable Symbols (1260)
- Forex Pairs (55)
- CFD Cryptocurrency
- Social Trading
How safe is AvaTrade?
AvaTrade has a general trust score of 93 out of 99, which places it very high on the confidence score. Across features such as investment offerings, commissions and fees, platforms, research, trading apps and information expertise, it retains scores around or above 90.
It has the authorization of a number of regulating instances, including three tier-1, four tier-2, and one tier-3 regulators. The tier-1 regulators include the Australian Securities and Investment Commission (ASIC), and its Canadian and Japanese equivalents, the IIROC and JFSA.
AvaTrade’s spreads are near the industry average at 0.9 pips for entry-level accounts, and 0.6 pips for professional traders. With a minimum deposit of $100, the average spread for EURO and USD is 0.91 for average accounts, with an inclusive cost of 0.61.
AvaTrade also offers discounts and rebates to active clients, and acts directly as market maker and dealer for carrying its clients’ trades. These are competitive pricing and trading practices that gain even more value though the entity’s various user-friendly trading features.
Trading Features and Tools
AvaTrade makes available the proprietary mobile platforms AvaTradeGO, AvaOptions, as well as a complete MetaTrader package for Android and iOS devices.
AvaTradeGO has a strong set of syncing watchlists and a protection feature against volatility. The AvaProtect feature is a risk reducer which hedges by means of a forex option but operates at an additional cost. The AvaTradeGO app charts give access to 93 indicators.
With 14 options-trading strategies at hand by default, the AvaOptions facility is both very helpful and easy to use with its smooth display of option-chain data and automatic population of order tickets with suitable related options.
In terms of platforms, AvaTrade offers its proprietary AvaTrade WebTrader and AvaOptions, as well the complete Meta Trader suite, ZuluTrade and DupliTrade. Among these options, WebTrader is a responsive and thoughtfully designed tool.
In 2021, AvaTrade won the ForexBrokers.com award for speedy innovation and evolution.
AvaTrade provides its own daily research updates in both video and textual formats. It also gives access to research information from Trading Central, which is immediately integrated with the AvaTrade web platform.
Several TC-powered instruments are offered, including Market Buzz, Analyst Views, and the Featured Ideas facilities. An economic calendar is provided too.
AvaTrade gives access to daily updated market analyses through blog articles and video clips on Vimeo and YouTube, giving users real-time information for the best trading options. These features and tools place AvaTrade among the best brokers in the world.