Forex trading stands out as one of the contemporary ways of making money. In fact, it involves tireless methods since traders execute trades from home or any other location through their phones or other internet connected devices. For a trader to join AvaTrade, it is a requirement that an initial deposit of about $100 is made. This is quite a reasonable minimum amount for the silver group. Traders who want to be classified in gold, platinum or Ava Select category must deposit $1,000, 10,000 and 100,000 respectively. Each category has its specialized benefits.
One distinguishing feature of AvaTrade from other brokers is that it holds clients funds in separated accounts for better security. In a bid to satisfy the traders’ needs, it goes ahead to allow hedging since it views that this is a skillful technique of spread betting. Besides, it welcomes new clients by advancing $40 for $200 deposits, and this increases gradually up to $10,000 for deposits of about $50,000. To protect members from losses, AvaTrade educates them on a regular basis by ensuring that they access various online courses, daily market analysis, and live webinars.
AvaTrade is not a new brokerage company. It has been in existence since 2006. As a matter of fact, it is one of the top forex brokers around the world. It has several offices to enhance interaction with the clients in various places such as Milan, New York, Tokyo, and Sydney. That said, it is able to open all these offices in different locations since it is licensed by MiFID and regaled by the Central Bank if Ireland. In Australia, ASIC is the main regulatory body that checks to ensure that it meets its objectives by serving its clients in a good manner.
Different from other limited forex brokers, AvaTrader provides over 250 trading instruments so as to give traders more options to diversify their risks. These instruments range from currency pairs to stocks, Bonds, ETFs and vanilla options. After the completion of the simple sign up process, clients are able to download AvaTrade’s trading platform on their computers or smartphones. Accordingly, there are no delays in the commencement of live trading.