AvaTrade is a CFDs broker, every asset listed on the platform is offered as a CFD. Here is a more detailed look at exactly what is available.
AvaTrade has a good range of forex trading available with 60 forex currency pairs to choose from. The spread here is also very competitive starting from 0.9 pips as a fixed spread.
40 of these currency pairs are also available for trading as options through the AvaOptions trading platform.
The broker offers trading in a total of 16 commodities markets as CFDs. This includes a selection of soft and hard commodities as well as energies.
Trading in global indices is very much available. A total of 20 major worldwide markets are offered here that cover locations around the world including the US, Europe, and Asia. You can also choose to trade other sector indices such as the cannabis index.
If you are interested in crypto trading, you will also be pleased to see that AvaTrade makes 13 crypto assets available for trading. These include some of the most popular on the market like Bitcoin, Ethereum, and Ripple.
Stocks are very well represented by AvaTrade. They make more than 100 global stocks available for you to trade in. These come from major markets in the US, Europe, and elsewhere around the world.
ETFs trading is available too. Here you can choose from 5 ETFs in emerging markets, Brazil, Gold, Energies, and VIX short term futures.
There are 2 bond markets available to trade in. These markets are the Euro bond, and the Japanese bond.
There are several key features that make AvaTrade a popular choice among all types of traders.
Execution, leverage and position sizing
Just like many of the top forex brokers you will find utilizing fixed spreads, AvaTrade is a CFD Market Maker broker. This means that you do not directly access international markets in the same way you would through an ECN style broker, but instead you trade based on parameters and pricing put in place by the broker.
This style of trading is still favored by many and can provide for a positive and well-structured trading environment.
The leverage that you will have access to at AvaTrade depends on where you are based and the entity of the broker that you registered with. Within the EU, UK, as well as under ASIC, this leverage is restricted to 30:1.
If you are a professional trader, or based outside the EU, this leverage extends to 400:1.
Starting with trade size, at AvaTrade, the minimum trade size you can utilize here is 1 micro lot. This means that as a forex trader, you can trade from $1000 in a non-leveraged trade. This is also equal to 0.01 standard lots and could decrease further if you are employing leverage.
A fundamental tool for any forex trader or anyone trading in any market is the ability to manage your risk. AvaTrade caters positively for this through a variety of order functions that can be applied in your trading platform.
These are stop losses, take profits, limit orders, and trailing stops, all of which assist you in managing risks in the market to get the best possible returns on your trades. The broker also utilizes margin calls if you are trading on leverage.
This lets you know when your equity is below a certain point and can be useful in helping you manage these positions.
Forbidden trading techniques
You will be glad to find that AvaTrade does allow for a variety of trading techniques. This includes both scalping and hedging as well as algorithmic trading with EAs catered for through the MT4 trading platform. Spread betting is also made available to UK and Ireland based traders.
At the moment, you cannot access your own VPS while trading with AvaTrade.
Platforms & Mobile
Platforms are the most important tool that any broker can offer, so let’s take a look at what AvaTrade has.
Charting and Trading tools
The majority of charting and trading tools available with AvaTrade come from MetaTrader.
They are well-known for providing great depth in this category, and so, starting out as a trader with AvaTrade, you will have access to an impressive range of 51 charting indicators and more than 30 drawing tools to create a completely customized trading experience.
AvaTrade works hard to provide for the best trading platforms in the industry. To this end, both MT4, and MT5 are made available in all forms including web trader, and mobile.
These are some of the best recognized platforms in the industry and can be highly customized to suit all traders and also those who want to engage in more automated trading through the EAs feature to engage trading strategies coded in the MQL language.
Above all, Metatrader is one of the most robust, efficient, and easy to run trading platforms around. They will run on practically any device with ease.
AvaTrade Proprietary Platform (WebTrader)
The AvaTrade proprietary WebTrader is an excellent platform that is compatible and can run within basically any browser. It is very easy to start and ideal for those new to trading who are on the look out for a very user friendly trading platform.
The platform also has many charting and analysis tools built in, and although it is slightly less customizable than MetaTrader, it still represents a great trading platform choice.
AvaTradeGO Proprietary Platform (Mobile)
The mobile version of the WebTrader brings the same excellent usability and detailed range of options and features as you get from the web-based version. The AvaTrade Go platform really makes trading on the move very easy. It is extremely intuitive and easy to get to know even for new traders.
The platform is available on both Android and iOS devices and also carries the AvaProtect feature that we will discuss later.
If you are into options trading, then you will be glad to know that AvaTrade has a dedicated trading platform for these. It is also very user-friendly and caters for trading in all of the 40 forex options available as well as providing the same great range of risk management tools that you would expect.
There is even a portfolio simulation function to give you a very clear idea of how your position will stand.
This is a very popular third party copy trading platform that you can utilize with AvaTrade. It allows you to follow the trading signals and strategies of others that you can then implement in your own trading.
Again it is a very user-friendly option that may be great if you have limited time or are interested in this style of trading. The minimum deposit to use this platform starts at $2,000.
Special features you can find on AvaTrade
AvaTrade also offers one other unique product and feature that we can now take a closer look at.
AvaProtect is a service very unique to AvaTrade and one that is very well regarded by traders in the industry. It is a protection feature that gives you even more cover as a trader with the broker.
Simply, when you open a position, you can also purchase AvaProtect and set its duration. This then works to protect your position for that time, so that if it ends in a loss when the period expires, you can be reimbursed your lost amount.
It is an extremely unique feature that is utilized by all types of traders, but may be perfect for new traders still getting to know the market too.
Social Trading – Copy Trading
When it comes to copy trading, there is a very healthy range of choice at AvaTrade. Here you can utilize Zulutrade, Duplitrade, and benefit from the copy trade like functions associated with EAs in Metatrader.
Both Zulutrade and Duplitrade are compatible with AvaTrade and can be connected to your trading account easily. Zulutrade is one of the most popular copy-social trading platforms around, while Duplitrade also allows you to copy signals and strategies from others.
All are easily available with the only downside being that the Duplitrade minimum deposit is quite high at $2000.