Why pick AvaTrade
AvaTrade is a beginner-friendly broker with a wide range of trading options, including forex, CFDs, and cryptocurrencies. With over 1,200 assets and multiple platforms like MetaTrader 4 and AvaTradeGO, UAE traders can easily diversify their portfolios.

AvaTrade
Best For Forex, CFDs, & Options
Recommended ForNew Traders, Forex Traders, Options Traders, Scalpers
More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
Best For Forex, CFDs, & Options
Recommended ForNew Traders, Forex Traders, Options Traders, Scalpers
- Trader Level Beginners+
- Islamic Account Yes
- Minimum Deposit $100
- Account Opening Speed 24 hours
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Web trading platform4.9
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Fees4.9
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Mobile App4.9
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Deposit and withdrawal 4.9
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Available assets4.9
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Account opening5.0
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Education and Research 5.0
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Support4.8
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Overall rating4.9
More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
Their must try feature? AvaProtect; a unique tool that lets you safeguard trades from losses for a small fee. However, inactivity fees apply after three months, which may not suit occasional traders. Despite this, AvaTrade’s strong regulation, competitive spreads, and easy-to-use platform make it a solid choice for UAE traders.
Overall Pros & Cons
- A trusted broker, founded in 2006 and has multiple high tier regulators
- Offers MetaTrader, AvaTradeGO, and WebTrader platforms
- Traders can access 44 forex options, 600+ CFDs, and futures trading
- AvaProtect, Guardian Angel, and AvaOptions enhance risk management
- AvaTrade excels in copy trading with AvaSocial, ZuluTrade, and DupliTrade
- The launch of AvaFutures adds CME exchange-traded futures
- Retail pricing is average but not industry-leading
- The AvaOptions desktop platform is slow and outdated
- Over 350 symbols are on hold on MetaTrader and WebTrader
- Research is limited, with no in-house articles
- Inactivity fees apply after three months
See how the best brokers in United Arab Emirates compare to AvaTrade
Broker Name | ||
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AvaTrade | ||
Interactive Brokers | ||
Saxo Bank |
Fees
4/5
AvaTrade’s standard account offers spreads averaging around 0.9 pips, which is close to the industry average. For professional traders, AvaTrade provides a Professional account with competitive spreads of 0.6 pips, comparable to those offered by Interactive Brokers.
- Low forex fees
- No withdrawal fee
- Low futures fee
- High inactivity fee
- Access to better spreads requires pro account
We compared AvaTrade fees with two comparable brokers, Interactive Brokers & Saxo Bank. These competitors were chosen based on factors like available assets, target client base, and fee structures.
Below average to low forex fees
Commission is built into the spread bringing the average spread down, even more so on a pro account.
Broker Name | ||
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AvaTrade | ||
Interactive Brokers | ||
Saxo Bank |
Industry average CFD fees
Index CFD fees are amongst industry averages, whilst their stock CFD fees are relatively low. AvaTrade has all fees built into spreads.
Broker Name | ||
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AvaTrade | ||
Interactive Brokers | ||
Saxo Bank |
Below average options fees
A spread of 75 pips (equivalent to $0.75) per lot for trading the S&P 500 index applies. This spread is incorporated into the bid-ask prices and is not an additional fee.
Broker Name | |
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AvaTrade | |
Interactive Brokers | |
Saxo Bank |
No withdrawal fees, high inactivity fees
No account fees, and deposits and withdrawals are free. However, after 3 months of inactivity, a $50 fee is applied quarterly. After 12 months of inactivity, an additional annual fee of $100 is charged. These inactivity fees are higher than most among competitors.
Broker Name | ||
---|---|---|
AvaTrade | ||
Interactive Brokers | ||
Saxo Bank |
Other commission and fees
Futures fees are below industry standard, crypto can only be traded as a CFD, not the underlying asset.
Futures fees: Below average, $0.19 per micro contract
Cryptocurrency trading: only through CFDs
Margin rates: Not available
Broker Name | ||
---|---|---|
AvaTrade | ||
Interactive Brokers | ||
Saxo Bank |
AvaTrade safety: Regulation and investor protection for UAE traders
4/5
AvaTrade is highly trusted. It is authorized by many Tier-1 regulators, including the Australian Securities & Investment Commission (ASIC) and the FSRA of Abu Dhabi Global Market. However, AvaTrade is not publicly traded and does not operate a bank.

- Multiple tier-1 regulators
- Regulated in UAE
- Negative balance protection provided
- ESMA regulations and MiFID II
- Not publicly traded
- Not regulated by any US authorities
Who is AvaTrade regulated by?
AvaTrade is regulated by top-tier authorities like ASIC (Australia), the Central Bank of Ireland, FSCA (South Africa), Japanese FSA, and ADGM FSRA. It also holds licenses from B.V.I FSC, ISA (Israel), and follows MiFID II in Europe, with a Polish branch under ESMA regulations.
Is AvaTrade a safe broker to use?
Yes, AvaTrade is safe, regulated by Tier-1 authorities like ASIC, the Central Bank of Ireland, and ADGM FSRA. It follows MiFID II and ESMA regulations, ensuring fund security. While not publicly traded or a bank, it offers negative balance protection and premium volatility protection feature called AvaProtect.
Is there investor protection for AvaTrade?
Yes, AvaTrade offers investor protection, but coverage varies by location and regulatory entity. EU traders get MiFID II protection, while ASIC and ADGM FSRA follow local rules. Check your entity for specific safeguards.
Broker Name | ||
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Country of registered entity: EU | ||
Country of registered entity: South Africa | ||
Country of registered entity: Australia | ||
Country of registered entity: UAE | ||
Country of registered entity: Japan | ||
Country of registered entity: Israel | ||
Country of registered entity: Other Countries |
Negative balance protection
AvaTrade provides negative balance protection, preventing losses beyond the initial deposit. AvaProtect lets traders secure trades against losses for a set time in exchange for a fee, with losses reimbursed if protection is active. Available for FX, Gold, and Silver on AvaTradeGO and WebTrader.
Does AvaTrade offer private insurance?
Unfortunately AvaTrade doesn’t provide additional private insurance offered through 3rd parties like some of its competitors.
AvaTrade background
Founding: Established in 2006 in Dublin, Ireland, by Emanuel Kronitz and Negev Nosatzki.
Mission: Aims to provide traders with a secure, user-friendly trading environment with strong regulatory oversight.
Global Presence: Serves over 400,000 traders worldwide, executing over 2 million trades monthly, with a trading volume exceeding $70 billion per month.
Leadership: Daire Ferguson has served as CEO since 2011, bringing extensive financial industry experience.
Employee Base: Employs over 300 professionals globally.
Services: Offers forex, stocks, commodities, cryptocurrencies, and indices trading via MetaTrader 4, MetaTrader 5, AvaTradeGO, and AvaOptions.
Awards: Recognized with multiple awards for best trading conditions, customer service, and platform innovation.
Sponsorships: Partnered with Oracle Red Bull Racing and other high-profile sports teams to enhance global brand visibility.
Recent Developments: Expanded its offering with new educational tools and automated trading features, further enhancing its platform capabilities.
AvaTrade deposit and withdrawal
4.9/5
AvaTrade offers a variety of deposit and withdrawal options including Credit cards, Debit cards, Wire transfers, and several forms of e-payment (Neteller, Skrill, WebMoney). Deposits and withdrawals are free of charge. The minimum deposit at AvaTrade to open an account is $100.
Withdrawals are only available using the same payout methods as they were used to deposit money.
- No deposit fee
- Free withdrawals
- Multiple e-payment options
- Instant withdrawals/deposit with credit card
- $1000 deposit min needed to access AvaOptions
- Only 7 base currencies (AED not available)
Account base currencies
AvaTrade offers seven base currencies: EUR, GBP, USD, CHF, AUD, ZAR, and JPY, with AUD, CHF, JPY, and ZAR restricted to clients in Australia, Switzerland, Japan, and South Africa, respectively.
Broker Name | |
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AvaTrade | |
Interactive Brokers | |
Saxo Bank |
Fees and options for deposits
Avatrade has no deposit fees, Paypal is also available for deposits.
Broker Name | ||
---|---|---|
AvaTrade | ||
Interactive Brokers | ||
Saxo Bank |
Electronic wallet availability
Broker Name | |
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AvaTrade |
Credit/debit card deposits are usually instant, but the first transaction may take up to one business day due to AvaTrade’s security verification (typically 4-5 hours).
Deposit currency conversion fees
Broker Name | |
---|---|
AvaTrade | |
Interactive Brokers | |
Saxo Bank |
Fees and options for withdrawal
AvaTrade has no withdrawal fees, however you must deposit and withdraw using the same method. Expect 1-2 business days for withdrawals via bank transfers.
Broker Name | ||
---|---|---|
AvaTrade | ||
Interactive Brokers | ||
Saxo Bank |
AvaTrade account opening
5/5
Account opening with AvaTrade is fully online and easy. Mobile account opening is also available.
- Account open within 24 hours
- Fully digital
- Easy to open
- Application process available on mobile
- Free of charge to open
- Unavailable in the US
- Minimum deposit amount $100
Account opening information
Broker Name | ||
---|---|---|
AvaTrade |
What is the minimum deposit at AvaTrade?
Minimum deposit amount is $100 for UAE clients
Account types
We tested the standard account for this review, below are the various accounts offered by AvaTrade.
- Retail/Standard account:Individual-owned, available globally.
- Corporate account: Owned by a legal entity.
- AvaOptions account: For FX options trading.
- Spread betting account: Available in the UK and Ireland.
- Islamic account: Swap-free, Sharia-compliant.
- Professional account: Higher leverage for experienced traders with €500,000+ portfolio and sufficient trading history.
- Demo account: Available for practice.
How to open an account?
- Visit the Website: AvaTrade’s official website
- Click the “Register Now” button to begin.
- Enter your email & create a password – Input your email address and set a new password.
- Ensure your password meets the required security criteria.
- Click confirm to proceed.
- Complete the registration form by filling out all required fields.
- Verify your account – Once completed, follow the verification process to start trading.
Note: Many traders at AvaTrade close positions daily, but swing traders may hold trades overnight, incurring rollover fees. Sharia Law prohibits interest payments, so AvaTrade offers Islamic accounts that comply with Riba-free trading.
How to open an Islamic account
- Verify your account by submitting required documents.
- Fund your trading account.
- Apply for an Islamic account (processed in 1-2 business days).
- Trade all AvaTrade assets, including Halal gold and oil, with no swaps and physical asset backing.
AvaTrade Mobile app
4.9/5
AvaTrade’s mobile apps include AvaTradeGO, AvaOptions, and MetaTrader 4 and 5. We tested AvaTradeGO and found it offers AvaProtect for risk management and 93 indicators, though charting tools remain basic. AvaOptions stands out with easy strike price adjustments and 14 preset strategies. The mobile experience is solid and improving, especially for beginners.
- Beginner-friendly interface
- AvaProtect for risk management
- Supports MT4 & MT5
- Always being improved
- Limited charting tools
- No drawing tools
Mobile app information
Broker Name | ||
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AvaTrade |
AvaTrade offers three mobile trading platforms: AvaTradeGO, AvaOptions, and MetaTrader 4. This review focuses on AvaTradeGO which is what we tested, it is also available for both Android and iOS devices.
Languages
AvaTradeGO supports over 30 languages, including Arabic, Chinese, English, French, German, Italian, Japanese, Portuguese, Russian, and Spanish, not just English.
Look and feel / User Interface
AvaTradeGO has a clean, user-friendly design. It includes search, alerts, educational videos, and in-app customer support chat, tested on an iPhone 13.
Security & login
The app uses biometric login (Face ID, fingerprint) and two-step authentication via SMS or email, not just one-step, confirmed during setup on iOS 16.
Search
Typing an asset name like “EURUSD” brings instant results, and browsing by category (e.g., forex, crypto) is smooth.
Placing orders
AvaTradeGO offers Market, Limit, Stop, and AvaProtect orders. AvaProtect hedges market orders for a fee, refunding losses if they occur within the set time, tested with a 1-hour EUR/USD trade.
Assets & Products
- Forex: 55+ pairs (EUR/USD, GBP/USD, etc.)
- Commodities: Gold, oil, silver, etc.
- Stock CFDs: Apple, Tesla, etc.
- Indices: S&P 500, FTSE 100, etc.
- Cryptocurrencies: Bitcoin, Ethereum, etc.
Alerts and notifications
Price alerts send push notifications with customizable expiration, tested with a Bitcoin alert triggering in 2 seconds.
Portfolio and fee reports
Portfolio and fee details are under ‘My Account’ and ‘History’, with swap charges visible for open positions, not exclusive to AvaOptions.
AvaTrade web trading platform
4.9/5
AvaTrade’s WebTrader is a browser-based platform perfect for beginners. It provides quick market access, AvaProtect, Trading Central integration, and copy trading, but customization is limited.

- No downloads needed
- Beginner-friendly interface
- AvaProtect for risk management
- Supports copy trading
- Integrated market analysis tools
- Limited customization options
Web/desktop platform information
Broker Name | ||
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AvaTrade |
Available Languages
Arabic, Bulgarian, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Mongolian, Persian, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Slovenian, Spanish, Swedish, Tajik, Thai, Traditional Chinese, Turkish, Ukrainian, Uzbek, Vietnamese.
Look and feel / User Interface
WebTrader’s clean design suits beginners, but tab sizes and layouts can’t be adjusted, tested on Chrome.
Security & login
Login uses username/password with 2FA via SMS or email, not just one-step, confirmed during testing. Biometric login is mobile-only.
Search
Typing “BTCUSD” or browsing categories like indices delivers fast results.
Placing orders
Order types include Market, Limit, Stop, and AvaProtect (market orders only). AvaProtect hedges losses for a fee, tested with a GBP/USD trade.
Alerts and notifications
WebTrader lacks price alerts, unlike AvaTradeGO, limiting real-time updates.
Portfolio and fee report
‘History’ shows portfolio and fees, including swap charges for open positions, accessible on WebTrader.
Charting & trading tools
WebTrader has 93 indicators, 13 drawing tools, and 10 timeframes, not as deep as IG but boosted by AvaProtect and Trading Central.
Copy trading
AvaTrade offers ZuluTrade, DupliTrade, MetaTrader Signals, and AvaSocial for copy trading.
AvaOptions & AvaFutures
AvaOptions is AvaTrade’s proprietary forex options platform for desktop and mobile, designed for professionals. Meanwhile, AvaFutures expands AvaTrade’s offerings to CME futures, supporting different contract sizes, including Standard, e-mini, and micro contracts.
Available platforms & integrations
- WebTrader – Browser-based, ideal for beginners
- AvaTradeGO – Mobile app mirroring WebTrader’s features
- AvaOptions – Forex options trading on desktop & mobile
- MetaTrader 4 & 5 – Advanced tools, automation, & APIs
- Mac Trading – Dedicated platform with MT4 & MT5
- AvaSocial – Copy trading for professional portfolios
- ZuluTrade & DupliTrade – Third-party social trading integrations
- Capitalise.ai – AI-powered automated trading without coding
AvaTrade continues expanding its trading solutions, integrating more tools to enhance user experience and market accessibility.
AvaTrade available assets
4.9/5
Although the overall number of assets is low compared to other brokers, AvaTrade offers a great variety of forex currency pairs, forex options and CFDs. This makes them rank among the top recommended brokers for forex, options and CFDs.
Note that some asset classes are only tradable with certain platforms, like options on AvaOptions for example.
Assets & Products
Forex
- 55 currency pairs – Major, minor, and exotic pairs available.
- Tight spreads and deep liquidity, suitable for scalping and day trading.
- Maximum leverage depends on the regulatory entity (up to 400:1 under offshore regulation, 30:1 under ASIC and CySEC).
Stock Index CFDs
- 20+ global indices, including S&P 500, NASDAQ 100, Dow Jones, FTSE 100, DAX 40,and Nikkei 225.
- Trade with leverage up to 20:1 depending on regulatory jurisdiction.
- No commission – costs are built into the spread.
Stock CFDs
- 600+ stock CFDs from major global markets (US, UK, Germany, Australia).
- Includes Apple, Amazon, Tesla, Nvidia, and Microsoft.
- Available on MetaTrader 5.
- No stamp duty on UK stock CFD trades.
ETF CFDs
- Available as CFDs tracking major global indices and sectors.
Commodity CFDs
- 20+ commodities including precious metals, energy, and soft commodities.
- Gold, silver, crude oil, natural gas, and agricultural products like wheat and coffee.
- Leverage up to 10:1 under most regulations.
Cryptocurrency CFDs
- 17 crypto CFDs, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC).
- Crypto CFDs trade against fiat currencies like USD and EUR.
- Leverage up to 2:1, depending on region and regulation.
Education and Research
5/5
AvaTrade provides extensive educational resources through AvaAcademy and Trading Central, offering structured courses, videos, and articles for all experience levels.
The Learning Center features 103 articles covering beginner to advanced topics. AvaAcademy includes in-depth courses with video lessons, written content, quizzes, and progress tracking. The platform has been redesigned for a more modern experience, making learning more engaging. AvaTrade also offers 48 educational videos and archived webinars on YouTube and Vimeo, helping traders expand their knowledge.
Room for improvement: WebTrader and AvaTradeGO could benefit from more integrated video tutorials.
Support
5/5
AvaTrade’s customer service is available 24/5 through phone, email, or live chat in English, Arabic, and over 20 other languages. Because AvaTrade is not available on weekends, they offer a comprehensive FAQ that addresses most common user inquiries.
Support options available
AvaTrade provides customer support through multiple channels, including live chat, phone, and email. These options ensure that clients can reach out in a manner most convenient to them.
Response times and quality of service
The support team at AvaTrade is known for its prompt responses and helpful assistance. Users have reported reasonable waiting times and largely satisfactory solutions to their queries.
Support ticket system
While specific details about AvaTrade’s support ticket system are not provided, the availability of email support suggests that clients can submit inquiries and expect timely responses.
Live chat-bot
AvaTrade offers a live chat feature, allowing clients to receive immediate assistance. This real-time support is beneficial for addressing urgent issues or questions.
Clients can reach out to AvaTrade’s customer service via email. This channel is suitable for non-urgent inquiries or when detailed information needs to be shared.
UAE specific features
- UAE users can access an Islamic swap-free account where no interest or riba is charged on open positions, which allows them to trade in compliance with Sharia Law.
- With a license from UAE financial regulators (the ADGM and the FSRA), UAE users’ account balance, open positions and investments are protected by the UAE Central Bank compensation scheme in case of AvaTrade’s insolvency.
- There is now an AvaTrade office in Abu Dhabi: Suite 307, 15th Floor, Al Sarab Tower , ADGM Square , Al Maryah Island, Abu Dhabi, United Arab Emirates. UAE and Dubai users can reach English and Arabic-speaking customer support by calling a local number: (+971) 45178311
- Official partner of UAE Pro football league.
Author comment
“AvaTrade delivers a well-rounded trading experience, especially for forex and CFD traders in the UAE. I appreciated the variety of platforms, including MetaTrader, WebTrader, and the user-friendly AvaTradeGO mobile app. The standout feature, AvaProtect, adds a layer of security by allowing traders to hedge trades against losses. Additionally, the broker’s strong regulatory oversight, including authorization from the FSRA in Abu Dhabi, ensures a secure trading environment. While inactivity fees and limited customization on WebTrader are small drawbacks, the platform’s extensive educational resources and solid copy trading features make it a strong choice for traders of all levels.”
FAQ
What is AvaTrade?
AvaTrade, established in 2006, is a global online brokerage offering a wide range of financial instruments, including forex, commodities, stocks, indices, bonds, and cryptocurrencies. The company provides multiple trading platforms, such as WebTrader, MetaTrader 4 and 5, AvaOptions, and the AvaTradeGO app, catering to traders of all levels.
Is AvaTrade regulated?
Yes, AvaTrade is regulated by multiple financial authorities worldwide. Notably, in the United Arab Emirates, Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA) under license number 190018.
What trading platforms does AvaTrade offer?
AvaTrade offers several trading platforms, including WebTrader, MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaOptions, and AvaTradeGO, its proprietary mobile app.
What is the minimum deposit for AvaTrade?
The minimum deposit requirement for AvaTrade is $100.
Is AvaTrade legitimate?
Yes, AvaTrade is a multi-asset broker regulated by several reputable authorities, ensuring compliance with international financial standards.
Can I trade cryptocurrencies on AvaTrade?
Yes, AvaTrade offers trading in various cryptocurrencies, including Bitcoin and Ethereum.
What educational resources does AvaTrade provide?
AvaTrade offers various educational resources such as webinars, trading guides, video tutorials, and market analysis to help traders improve their skills and knowledge.
How can I contact AvaTrade’s customer support?
AvaTrade provides customer support via email, phone, and live chat. Their support team is available 24/5, with some services available 24/7, depending on the region.
Does AvaTrade offer a demo account?
Yes, AvaTrade offers a free demo account that allows you to practice trading with virtual money before using a live account.
Is AvaTrade available in the UAE?
Yes, AvaTrade operates in the UAE under the regulation of the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA), providing its services to traders in the region.
How do I withdraw money from AvaTrade in the UAE?
To withdraw funds from AvaTrade in the UAE, log into your account, navigate to the withdrawal section, select your preferred withdrawal method (such as bank transfer, credit card, or e-wallet), and follow the on-screen instructions. Processing times may vary depending on the chosen method.
Can you make money on AvaTrade?
Yes, it is possible to make money on AvaTrade through successful trading. However, trading involves risks, and it’s essential to have a solid understanding of the markets and employ effective risk management strategies.
What is social trading on AvaTrade?
AvaTrade offers social trading features through platforms like AvaSocial, ZuluTrade, and DupliTrade, allowing users to follow and copy the trades of experienced traders.
Does AvaTrade offer Islamic accounts?
Yes, AvaTrade provides Islamic accounts that comply with Sharia law, offering swap-free trading options for clients who require them.
What are the fees to withdraw from AvaTrade?
Withdrawal fees at AvaTrade depend on the chosen method and the client’s region. It’s advisable to check AvaTrade’s official website or contact their customer support for the most up-to-date information.
Is AvaTrade trustworthy?
Yes, AvaTrade is regulated by multiple financial authorities, including the ADGM’s FRSA in the UAE, ensuring adherence to strict regulatory standards and providing a secure trading environment.
What alternatives are there to AvaTrade?
Alternatives to AvaTrade include brokers like eToro, IG, and XM, each offering different features and services that may suit various trading preferences.
How long does it take to withdraw money from AvaTrade?
Withdrawal processing times at AvaTrade vary depending on the withdrawal method used. Typically, e-wallet withdrawals are faster, often processed within 24 hours, while bank transfers and credit card withdrawals may take several business days.
Does AvaTrade have offices in the UAE?
Yes, AvaTrade has a presence in the UAE, operating under Ava Trade Middle East Ltd, which is regulated by the ADGM’s FRSA.
What is AvaProtect?
AvaProtect is a risk management tool offered by AvaTrade that allows traders to protect specific trades against losses for a chosen time frame in exchange for a fee. If the protected trade incurs a loss during this period, AvaTrade reimburses the loss directly to the trader’s account.
Does AvaTrade offer bonuses or promotions?
AvaTrade’s bonus offerings and promotions vary depending on the region and applicable regulations. It’s best to check their official website or contact customer support for current promotions.
What leverage does AvaTrade offer?
Leverage ratios at AvaTrade depend on the asset class and the regulatory jurisdiction of the client. For example, in the EU, leverage is capped at 1:30 for major forex pairs due to regulatory restrictions, while higher leverage may be available in other regions.
Is AvaTrade suitable for beginners?
Yes, AvaTrade offers a user-friendly platform, comprehensive educational resources, and a demo account, making it suitable for beginner traders.
What deposit methods are available at AvaTrade?
AvaTrade supports various deposit methods, including bank transfers, credit/debit cards, and e-wallets like PayPal, Neteller, and Skrill.
Does AvaTrade charge inactivity fees?
Yes, AvaTrade charges an inactivity fee if an account remains dormant for a specified period. It’s advisable to review their terms and conditions for detailed information.
Can I use MetaTrader with AvaTrade?
Yes, AvaTrade supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, allowing traders to utilize advanced charting tools, automated trading strategies, and custom indicators. Both platforms are compatible with desktop, web, and mobile versions, providing flexibility for traders.
Does AvaTrade offer negative balance protection?
Yes, AvaTrade provides negative balance protection, ensuring that traders cannot lose more than their initial deposit. This feature helps prevent clients from owing money to the broker if markets move against them significantly.
What types of accounts does AvaTrade offer?
AvaTrade provides various account types, including Retail/Standard accounts, Corporate accounts, AvaOptions accounts for forex options trading, and Islamic accounts that comply with Sharia law. For professional traders, a Professional Trading account is available, offering higher leverage and additional benefits.
Does AvaTrade support automated trading?
Yes, AvaTrade supports automated trading through MetaTrader 4 (MT4), MetaTrader 5 (MT5), Capitalise.ai, and API integrations. These platforms allow users to create and execute algorithmic trading strategies.
Does AvaTrade offer customer support in the UAE?
Yes, AvaTrade provides customer support in the UAE, available via email, live chat, and phone support. The support team is available 24/5, with certain services available 24/7, depending on the region.
What is the difference between AvaTradeGO and WebTrader?
- AvaTradeGO is a mobile trading app that offers full platform functionality, including advanced charting, account management, and AvaProtect for risk management.
- WebTrader is a browser-based platform designed for easy access without downloading software, offering a clean interface suitable for both beginners and experienced traders.
How does AvaTrade compare to other brokers?
AvaTrade competes with leading brokers like eToro, IG, and Saxo Bank, offering a wide range of trading platforms, extensive educational content, and competitive spreads. While AvaTrade excels in copy trading, forex options, and automated trading, it may lack some customization and advanced charting tools available with premium brokers.
What is the withdrawal process at AvaTrade?
AvaTrade’s withdrawal process involves logging into the client portal, selecting the withdrawal method, and submitting a request. Processing times vary:
- E-wallet withdrawals (PayPal, Neteller, Skrill): Processed within 24 hours
- Bank transfers & credit/debit cards: Typically take 3-5 business days
Is there a minimum withdrawal amount?
Yes, AvaTrade has a minimum withdrawal requirement, which varies based on the payment method. It is recommended to check their website for updated withdrawal limits.
Can I trade ETFs on AvaTrade?
Yes, AvaTrade offers ETF CFDs, allowing traders to speculate on ETF price movements without owning the underlying assets. However, direct stock and ETF ownership is not available.
Does AvaTrade charge overnight fees?
Yes, AvaTrade applies overnight (swap) fees for positions held open beyond a trading day. These fees vary based on the asset class and market conditions.
How secure is trading with AvaTrade?
AvaTrade employs high-level encryption, negative balance protection, and segregated client funds to ensure a secure trading environment. It is also regulated by multiple top-tier financial authorities, including the FSRA of Abu Dhabi Global Markets (ADGM) in the UAE.
What leverage does AvaTrade offer in the UAE?
For UAE clients, AvaTrade offers leverage up to 1:30 for retail traders, in compliance with FSRA regulations. Professional traders may access higher leverage, depending on eligibility.
What makes AvaTrade stand out?
AvaTrade differentiates itself through:
- Multiple trading platforms, including AvaTradeGO, MetaTrader 4 & 5, AvaOptions, and WebTrader
- Strong regulation, including ADGM FSRA in the UAE
- AvaProtect, an advanced risk management tool
- Social and copy trading options, with AvaSocial, ZuluTrade, and DupliTrade
- Comprehensive educational resources, including AvaAcademy
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