Expert Analysis and in-depth Review

There is also a Good ’til time (GTT) order time limit you can use to set an exact date and time for the expiry of an order. You can search by starting to type an asset’s name or by clicking one of the asset categories. A two-step login procedure would provide an added layer of security. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.

Where trader can choose from over 40 currency pairs and any comination for CALL and PUT options from the single account. Standard account can be opened with as little as $100 using debit card and credit card. Irrespective of the trading platform chosen by the user, both are highly effective. The software used will not overload the systems, and thus it is made for immediate execution and fast trading. These are the most important aspects which are to be considered when a user is trading in volatile markets that are fast-paced.

Commissions and Fees

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Excellent bonuses, high leverage, immediate execution, tight spreads, 24/5 support and no commissions. AvaTrade protects your investments using a number of different security features on all of its software and mobile applications. As for data protection, AvaTrade has a rigorous privacy policy and follows a number of data management protocols to protect your personal information and investment history.

• It’s available on both Android and iOS and integrates with Avatrade’s social trading application.
• They further comment that the platform is user-friendly and the support is excellent.
• All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice.

The overall process remains swift, but I would like AvaTrade to add cryptocurrencies as an option. In this review, we tested the MetaTrader 4 desktop trading platform, as it offers avatrade forex review more assets to trade, not just forex options. The minimum deposit at AvaTrade is generally 100 units of currency, depending on the denomination of your account balance.

Is the quality of customer service satisfactory?

This feedback can contribute to the trader in current and future trades, as learning for mistakes is an integral part of trading. See your trades at a glance, create your own watch lists, and view live prices and charts. Choose from over 1,000 instruments to trade, including the world’s leading forex currency pairs, Commodities, Stocks, Cryptocurrencies and more, all in the palm of your hand. Buy and sell assets in seconds, and make educated decisions based on live market sentiment. Get accurate data on what AvaTrade’s community are buying or selling in real time and stay on top of the market without having to spend time on conducting your own technical or fundamental analysis. Signals and Market additional services extend MetaTrader 4 frontiers.

Every broker you see on thoughts.money is regulated and licensed for your own protection. We only recommend placing a trade with well-established and trusted regulated Forex brokers. Since then, AvaTrade has grown into an established Forex broker with over 300,000 happy traders around the world. In this AvaTrade Forex broker review you will find answers to trading-related questions including “Is AvaTrade broker legitimate or scam?

Overview of Trading Platforms

You’ll pay an annual maintenance fee for your account as well as a spread on every trade you make. Not only can you filter the news feeds for a specific asset, but you are also shown a sentiment score for that asset. For example, if all the articles are bullish/positive, then a 100% positive score is given. You can easily edit the charts and the interface has a great design.

Traders can express their market view with calls and puts and use the embedded tools to maximize their returns. The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move. After your account has been funded you can apply for an Islamic Account, which operates under Sharia Law. Trade the exchange rates of major, minor and exotic currency pairs from all around the world.