Avatrade Real Account
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Is it time for you to open an Avatrade Real Account? You will naturally want the best forex brokers in trading forex and other markets. AvaTrade is a secure, globally regulated broker for online trading.
The number of companies offering CFD trading is growing, eager to take advantage of this asset class. Among such platforms is AvaTrade, a user-friendly Forex broker offering CFD trading. With a wide range of trading instruments, the broker aims to provide the best service for both beginners and professionals.
Several financial bodies regulate the Irish-based broker, including the Financial Futures Association of Japan, the Financial Regulatory Services Authority of South Africa, and several others in Abu Dhabi Global Markets, Europe, and Japan.
Ultimately, you’ll want more information about the types of accounts, features, and how to open an AvaTrade account. Here are the details we have prepared for you:
AvaTrade account types
AvaTrade provides Forex traders with simple but comprehensive trading solutions, as reflected in their retail investor accounts. Ava Trade Markets Ltd provides retail and professional accounts to traders, unlike other brokers.
Various Forex traders can use the retail account despite their trading experience, which meets multiple trading requirements. It offers a transparent fee schedule as well as several features.
Traders need to take note of AvaTrade’s maximum trades and orders when trading on global markets. The maximum position limits are subject to reduction during times of high Forex market volatility when trading cryptocurrencies.
It is only possible to hold cryptocurrency trade-in positions for the following maximum periods:
- BTC Pairs: $600,000 maximum
- ETH:$400,000 maximum
- XRP:$250,000 maximum
- BCH, LTC:$200,000 maximum
- BTGUSD, EOSUSD:$50,000 maximum
AvaTrade offers retail and professional accounts using one of the trading platforms it supports, which include MetaTrader 4, MetaTrader 5, AvaTradeGo trading app, AvaOptions, DupliTrade, AvaSocial, AvaProtect, Trading Central and ZuluTrade.
You can download these platforms to your PCs running Linux, Windows, or macOS for free and use them with web browsers. Traders should ensure that the software is compatible with their hardware before downloading any trading platforms.
You can download these trading apps from Google Play or the Appstore on mobile devices that support Android or iOS.
Before we describe each account type, here is some general information. All account types at AvaTrade offer fixed spreads. There is also the option of trading mini or micro lots, and you will always have access to the mobile platform AvaTrade GO and the MT4 trading platform. It will apply to all account types.
1. Demo account
AvaTrade’s demo account is a great place to get an idea of the broker’s offerings. It applies to any top forex broker you may be dealing with.
Demo accounts are available on all trading platforms at AvaTrade and remain valid for 21 days. Duplitrade allows 30-day demo use.
Demo accounts at AvaTrade offer the same features as retail investor accounts, except for VIP and professional account types.
Overall, the AvaTrade demo account is a great way to get a feel for the broker’s features and find out how it works.
2. Retail account
After experimenting with an AvaTrade demo account, you will be ready to open a retail account. Most traders use this AvaTrade standard account because it relies on the EU standard accounting system.
AvaTrade retail investor accounts provide leverage of 30:1, the maximum permitted under ESMA regulations in Europe and ASIC regulations in Australia.
A negative balance protection system and high-risk warnings are also available to protect you during trading.
Using leverage also prevents your balance from a high risk of losing money. In addition, a dispute settlement service is available.
up to $2000
AvaTrade is truly a global broker, regulated across 5 continents. Their Cryptocurrency markets are available for trading 2...
3. Professional account
A professional trader needs a professional trading account and benefits. This is what you can expect with an AvaTrade professional account.
Traders in the EU may apply to upgrade their retail accounts to professional ones if they meet certain volume and frequency requirements.
Professional traders can take advantage of the leverage of up to 400:1 with this upgrade. The PAMM/MAM account management features will also be available to you.
No high-risk warnings or dispute resolution services will be available to you as a professional client.
5. Spread betting account
Spread-betting FX options are available at AvaTrade. It’s a risky form of all-or-nothing trading, but it’s available through the secure globally regulated broker if you want to try it.
AvaTrade spread betting is only available to European Union traders.
6. Standard account
AvaTrade standard accounts are available to non-EU traders. As an international user, you can only choose this variant of the “regular” account. AvaTrade standard accounts allow maximum leverage of 400:1.
7. Secondary AvaTrade accounts
In case you haven’t been able to find anything suited to your requirements within AvaTrade’s base-level accounts, perhaps you need something a little more targeted.
In that case, additional layers of accounts are available to both EU and international traders.
8. VIP account
You can get lower spreads with the AvaTrade VIP account if you trade in high volumes and are a premium-level trader. It depends on the amount you deposit. An AvaTrade VIP account requires a deposit of at least 10,000 Euros.
9. Crypto account
Modern Forex trading has become increasingly reliant on cryptocurrency. AvaTrade’s crypto account also allows cryptocurrency trading.
Ava Trade EU offers the following major cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple, Cash, Bitcoin Gold, and EOS.
MT4 is the platform that provides trading CFDs in AvaTrade, which is not available for Islamic accounts.
9. Islamic account
For those who follow Shariah law, an Islamic account is a crucial feature of any broker. The features are generally the same as standard accounts with just a few exceptions: AvaTrade cryptocurrency trading is unavailable, and exotic pairs may experience rollovers.
AvaTrade Islamic account functions, and you can access it by contacting support. Approving an AvaTrade Islamic trading account usually takes 1-2 days.
10. Options account
The Ava Options trading platform offers a 30-day demo account for this account, as mentioned above. It is the perfect account for those looking to start trading FX options with Ava Capital Markets Pty. You can also benefit from AvaTrade’s free educational resources if you want to learn more about options trading.
11. Corporate account
You may wish to open an AvaTrade corporate account if you have a company under which you have a license to trade. Under this account type, you receive the same benefits and excellent features as an AvaTrade account.
12. Partner account
Anyone who wishes to work as a secure globally regulated broker affiliate and refer friends or clients to AvaTrade can create an AvaPartner account. You could earn extra income from it if you have an interesting network.
13. MAM/PAMM account
Managed retail investor accounts can sometimes allow you to trade more hands-off by taking a hands-off approach. AvaTrade offers these online trading account types only to holders of professional accounts.
AvaTrade’s account opening
After selecting your preferred AvaTrade live account, here are a few quick points about the Avatrade account opening process to help you.
Opening an online trading account is very simple with this regulated broker. Visit the Ava Capital Markets Pty home page, click register, choose a real or demo account based on your purpose, and fill out the registration form.
To open an online brokerage account, you generally have to provide proof of your identity and residency. Ideally, this process should be entirely digital. If you submit your documents physically to some brokers, there may be a problem.
For identification purposes, AvaTrade accepts the following documents:
- Proof of identity: passport / national ID card / driver’s license
- Proof of residency: Bank statement/utility bill
With AvaTrade, opening an account is a fully digital process so that you can complete all the identification steps online. After registering and opening your account, you will need to transfer the minimum deposit from your bank account to your brokerage account to begin trading. AvaTrade requires $100 exchange-traded funds.
Some brokers can make the account verification process unpleasant. In AvaTrade, verifying your trading account is an easy process. Once logged in, click on the upload documents section on the left of the page to upload your documents. It should take 24 hours to verify the account.
When you open an AvaTrade live account, you can choose from several major currencies as a base currency. They are USD, EUR, JPY, GBP, and many others. ZAR is not available to South African traders, and GBP is only available to UK traders. Australian traders can also use AUD as their base currency.
AvaTrade’s minimum deposit varies between $100 and $500 based on how you fund your account. The minimum deposit by credit card or e-payment is $100/€100. AvaTrade wire transfers require a minimum deposit of $500/€500.
Depending on your location, various funding methods are available, including credit/debit cards, e-payments, and bank wires. Regarding duration, credit/debit card deposits with AvaTrade are instant, while other methods can take between one and seven days.
Deposit and withdrawal
The AvaTrade deposit and withdrawal process is relatively simple. The only thing you need to keep in mind is to use the same method for both deposits and withdrawals. You should use the same method for depositing and withdrawing at AvaTrade.
AvaTrade occasionally offers bonuses, but they comply with all the regulations set forth by their regulatory bodies. Ava Trade Markets Ltd periodically offers bonus amounts. You may receive cash or access to advanced educational programs.
up to $2000
AvaTrade is truly a global broker, regulated across 5 continents. Their Cryptocurrency markets are available for trading 2...
Steps of AvaTrade’s account opening process
AvaTrade’s specific way of account opening might differ slightly from the one outlined here, but generally, the process involves the following steps:
1. Choose your account
Ensure that you choose the right brokerage account before providing your personal information. Proceed to the next step after selecting your choice on the registration page.
2. Add personal info
The next step is to complete the basic information questionnaire. The required information includes your name, birth date, address, nationality, employment, and other similar details. Your choice of broker will determine the complexity of this step.
Also, you will have to answer some security questions and questions about your forex trading experience to ensure you are legally allowed to trade.
3. Identify yourself
During this step, you need to scan and upload the proof of your identity to the broker’s website. Brokers may require a passport, an ID card or a bank statement as proof of identity.
In some cases, online brokers will require you to mail them a physical copy of your documents. Therefore, opening a new account can take a long time.
4. Seal the deal
You’ll be able to review your information after completing the basic registration and identification process and then sign a virtual contract after agreeing to the broker’s terms and conditions.
5. Fund your account
Upon confirmation and opening your account, you can begin forex trading. Invest the amount in the central bank, or if there is none, a certain amount into your secure globally regulated broker account, and start trading! Now you are an investor!
AvaTrade Account Management
Now that you know all the details of choosing and opening your AvaTrade account, let’s look at how you should handle some situations that might occur within your account.
Occasionally, you may need or want access to your AvaTrade account number. You can find this in the account area of the AvaTrade dashboard.
If you take a break from automated trading forex from time to time, you may wonder what will happen to your account during this time. AvaTrade demo accounts expire after 21 days (30 days if DupliTrade), but they do not expire due to inactivity.
If you need to extend the period, you can contact Ava Trade Markets Ltd support, or you can open a new account.
Account Forgot password restoring.
People forget their passwords from time to time. Ava Trade Middle East is an internationally regulated broker that allows you to contact its broker support team in case an account forgot password. They will guide you through the steps to reset your password.
Whatever your reasons, you may rarely want to close your AvaTrade account. In that case, you only need to take a few steps. As a first step, you will need to withdraw any funds from your account. You should then contact AvaTrade’s support team. Ava Trade Middle East team will help close your account by providing the necessary instructions.
Pros and Cons
- A Financial Services agency regulated by the Financial regulatory services authority, Financial Services Commission, Israel Securities Authority and Financial Futures Association.
- Allows trading CFDs with this provide without any high risk of losing money
- More technical indicators are available to trade CFDs with this provider.
- Many trading instruments and financial instruments for CFD trading and bonds trading.
- Variety of powerful Forex trading platforms.
- Negative Balance protection is available at trading central.
- You can read AvaTrade risk disclosure to reduce the high risk.
- Advanced trading skills are required to trade CFDs with this provider.
- No US clients are accepted at Ava Trade EU Ltd.
- There is only one account type for retail traders and one for professionals.
- Retail investor accounts lose money when trading CFDs with this provider using multiple trading platforms.
1. Where is AvaTrade based?
The administrative headquarters of AvaTrade is based in Dublin, Central Bank of Ireland. You can find AvaTrade well regulated in every corner of the world below. Europe Central Bank of Ireland, Swiss FDF (Federal Department of Finance), Australia ASIC (Australian Securities and Investments Commission), South Africa FSCA (Financial Sector Conduct Authority), Japan FSA (Financial Service Authority), Abu Dhabi global markets. The Cyprus Securities and Exchange Commission regulates DT Direct Investment Hub Ltd.
2. Does AvaTrade offer the option of an Islamic Account?
Yes, an Islamic account is available for forex trading.
3. Which live trading accounts does AvaTrade offer?
The following forex trading accounts are available at AvaTrade: Standard Retail and professional.
4. Which deposit currencies are available for a live Forex trading account?
A “type” of account is one of the most important decisions you must make when opening a new account. Each of these has its requirements and features.
Almost all online brokers offer different types of accounts based on your identity, experience, trading tools, currencies, and additional features like investment advice.
Each secure globally regulated broker company offers slightly different packages. AVA Trade EU offers six different base currencies for trading Forex.
It’s convenient because you won’t have to pay conversion fees if the currency of your bank account matches one of the base currencies.
Trading CFDs is allowed at Ava Trade EU Ltd, an online broker regulated in the EU. Clients can choose from various financial assets, complex instruments and account types to meet their needs.
Forex broker AvaTrade now offers cryptocurrency trading to its traders, as well as trading CFDs on commodities, stocks, and indices.
Their AvaTradeGo app and WebTrader app allow you to manage these asset classes and complex instruments. Additionally, the broker offers high leverage options and minimal spreads.
To offer beginner traders the best trading experience, AvaTrade offers a comprehensive range of algorithmic trading solutions, trading tools, and competitive Forex trading conditions, regardless of their trading needs and objectives.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 13+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst