This review is about AvaTrade. What is AvaTrade? A scam program or a legit opportunity? Most trading programs I review are just pure fake ones, is Ava Trade also like them? Is it a good choice compared to other trading programs?
Product: Ava Trade
Website: www.avatrade.com
Owner: Emanuel Kronitz and Negev Shekel Nosatzki
Price: FREE to join and start trading with demo account, $100 minimum deposit to start trade with real money
Who is it for: People who want to make money by trading
What is AvaTrade about?
The AvaTrade company has been the leading online trading platform since 2006. It is a reliable environment for traders regardless of experience, from beginners to more experienced individuals.
AvaTrade is a multi-national company with regional offices in Paris, Dublin, Milan, Tokyo and Sydney. The company’s headquarters are in Dublin, Ireland.
This is the main values of AvaTrade:
- Integrity and fairness
- Customer service above all else
- Uncompromising self-evaluation
- Constant innovation
AvaTrade has over 20,000 registered customers globally and the company’s total trading volumes are more than $60 billion per month!
You will get a lot of things with your membership at AvaTrade, things that cost money in other places.
It has a multilingual 24/7 support and a very broad range of other services such as:
- Education
- Free Demo Account With $100,000 (for practice)
- Webinars
- Market Indicators
- Live Chat
- Phone Support (in 34 different languages)
- Email Support
- Zulu Trade System
- Auto-Pilot Trading Softwares
- eBooks (for beginners and advanced)
- Etc
Is AvaTrade A Scam?
So is AvaTrade a scam? Of course not, it is a real and legit trading site that has been in the business for a long time. It doesn´t make ridiculous claims (like the scam sites do) that it will make you rich guaranteed, and so on.
It has been in the business since 2006 and has earned as much as 9 industry awards since 2009 and has over 20,000 satisfied clients all over the world.
Unique Stuff At AvaTrade
AvaTrade has A LOT of benefits for traders, I will discuss the ones I like most here.
- The “Hush Trade” section allows traders to access insights from several professionals in the trading business.
- Automated Trading Package comes bundled with the trading software itself. Forex trading APIs and advanced strategies that are sold for 100´s of dollars in the market you get for free at AvaTrade, if you start trading with real money. There is no additional cost for this auto-trading tools!
FREE Demo Account at AvaTrade
This is the feature of AvaTrade that I like the most and something you won´t find at many places, a free demo account. On the AvaTrade
On the AvaTrade website, you can choose to start a demo account and/or a real account.
If you have never traded before it is most likely a VERY good idea to start out with a demo account so you do the “beginner mistakes” before they start to cost you real money.
You will get $100,000 in your demo account and you can use it to practice for 21days.
Important to mention here:
If you are interested in Bitcoin trading then you might want to check out SimpleFX as they are great for that particular topic, they also offer a free demo account for you to practice with before putting any of your own money
Why You Should/Should Not Try AvaTrade
If you are interested in trading I would say go for it, this is the best choice for any trader and the fact that it has a demo account and a ton of educational information in the form of videos, webinars, textbooks, etc makes it a no-brainer, for anyone who is interested in learning how to trade or develop existing skills even further.
Important to mention: AvaTrade does not allow US citizens to trade. If you have a US citizenship and want to trade you can check out FXCM instead. It also offers education and a free demo account, or why not try trading with precious metals?? BullionVault will give you free silver and cash (small amounts) just for signing up for a FREE account.
**Click here to read more about that
Final Words and Verdict
Verdict: Legit
Overall rating: 9/10
AvaTrade is a legit and educational trading website that I recommend anyone who is interested in the subject of trading to check out.
If trading is what you want to do it should be your #1 choice and if you want to start practice with a demo account or simply want to read more I suggest you visit the AvaTrade website below.
Important to mention here:
If you are interested in Bitcoin trading then you might want to check out SimpleFX instead as they are great for that particular topic, they also offer a free demo account for you to practice with before putting any of your own money
==>Click Here To Check Out AvaTrade<==
I hope you found this review of AvaTrade to be helpful and now you should have a better understanding on what it is and the features it has. If you have tried it please share your experience with us in the comment section below. Also, if you got any questions about this review I will be more than happy to answer them.
I wish you success!
Thank you for reading
John
Owner of: StartMakeStopWaste.com
ellen says
I read through your AvaTrade Forex Broker Review. About 4 years ago I had an account with them and found them to have very good customer service and support. They do have a good variety of tools and the trading platform is user-friendly. I do recommend that anyone just starting out always demo trade until they have developed a good set of skills. Forex Trading does carry a high level of risk.
I agree that AvaTrade is a completely legitimate company. It has been around for a number of years and has many very good reviews.
John says
Yes, everyone is talking good about AvaTrade, and it should be an obvious choice for anyone who are into trading. It is always a risk just as you say, even professional traders can´t win every trade they do.
Thank you for your comment Ellen
Best regards
/John
D says
Watch this space..I’ll show proof of what avatrade had done!!!
Arif says
to be honest, ask was reading your post i was starting to conclude your outcome was going to be FRAUD! over a course of a month i came across at least trading sites that, after extensive research discovered them to be high risk with the potential to be fraud. in your case you have come across a legit site which gives me some hope. i have always wanted to go trading. i just might with avatrade. your site is grid and informative. thank you for that review. i will keep avatrade in mind.
John says
Yes, I highly recommend you go with AvaTrade as you cannot only trade there, but learn how to do it the right way. Thanks a lot for your comment Arif. Best regards /John
Matthew Thomas says
I’ve never used the Avatrade platform before, but what I really liked seeing was the $100,000 demo account that is offered. “Paper Trading” is vitally important for testing trading strategies, especially for beginners.
In my experience, one of the biggest mistakes new traders make is jumping into the markets before they’re ready. Something like this can really help newbies protect their real money portfolios, while also providing themselves time to learn and gain experience.
John says
Exactly!
Thanks for your comment Thomas!
/Best regards
Hillary Lynn says
The thought of getting into trading scares the bejesus out of me. Even if someone were to hold my hand and walk me through every single step of the process, I’d still probably be completely lost and end up screwing up somehow. And then I’d be broker than I was before I started. haha
Your reviews are all very well thought out and you go into great detail. I appreciate that a lot because when I need to make a big decision in life, and your financial future is a HUGE one, I like to have as much information as possible. I really think your reviews will be able to save many people from the disappointment of getting involved in some these “businesses”.
andrejs says
Hi again! Almost possible that your mentioned AvaTrade online trading platform is legit and honest enterprise. Just by me, than to make success in any real trading you must be very smart and well trained. It takes a lot of time and the positive result is not guaranteed. So, I better keep away from such a new adventures.
John says
You are probably right, that is also why AVA Trade might be a good chooice for someone wanting to trade, it has a lot of educational info on their site.
Cris says
Hey John,
I really like your website especially how you laid out those information about fake on line gurus. They only want to take advantage of those people who are really in need of extra financial income. I was also a victim of scam. It’s a long story but I could tell you the name of that scammer “Professional Marketing International”. Do me a favor expose them through your review section. Everyone should know about their erroneous business. Anyway, I would say continue your good work. Your site is so unique I can say, thank you.
John says
Thank you Cris, will check out that!
/Best regards
Kipps says
Hi John,
Thanks for highlighting one legit trading platform. In this age of scams and rampant internet fraud, we are scared of any online opportunity we come across. Ava Trade with its long time existence with many good reviews, I believe, is one we could trust.
Even if I am not jumping into trading business right away, it is good to know that there are such reliable platforms out there. I have taken note so that I could recommend it to any friend in the future. Keep up the good work and inform us further
Cheers,
Kipps
John says
Thanks Kipps! Glad you liked the review and appreciate the work
/Best regards
Jay kenneth says
Since March 2017, Because of their Android Application crashed while market is volatile, Im not able to gain control over my trades/ open positions. It crashed the times when your account balance could be possibly wiped out. I sent the application error report the apllication crash automatically generated but still they made my claims invalid. I even asked the Ombudsman about it, I sent all documents and prooofs to Avatrade but they rejected it. To where I live, it will cost more than what was lost to me to sue them. I dont have the resource for it anymore so Im just gonna broadcast to all review sites to warn others to not trade on this SCAM BROKER. Ask yourself, why are they constantly saying they contacted you when its really not? They always use the same reasonings on review sites. Thats a clear common sense. After they wiped out my account, I am able to login back successfully.
CERTIFIED SCAM BROKER: AVATRADE AVAFRAUD
My account: 2161929
John says
Sorry to hear that, if you have any screenshots I could put them in the review for you?
Thanks for your comment,
/Sincerely
D says
I had the same problem and lost around $485000.00.
It would cost around $300000.00 to sue but I am going ahead to sue…I am currently engaging in legal action. Contact me so I could compound the lawsuit. I had a very similar issue!!
Sean says
Money just disappeared after deposit according to their instructions under 256 bit-claimed security environment. Contacted CS Ava they just keep you in the dark and no further response in the end. That’s exactly my experience been through recently. Just be careful with ava!! especially when it involved their APAC sector.