AvaTrade Review
AvaTrade is a globally regulated broker best known for "AvaProtect," a unique risk management tool that allows traders to buy insurance against losing trades. It offers fixed spreads, ensuring cost certainty during volatile markets, and a dedicated platform for Vanilla Options trading (AvaOptions).
Pros
- AvaProtect™ (Reimburses losing trades)
- Fixed spreads (0.9 pips EUR/USD)
- Dedicated AvaOptions platform
- Regulated in 9 jurisdictions
Cons
- High inactivity fee ($50/quarter)
- Slow withdrawal process (1-3 days)
- Fixed spreads can be higher than ECN during calm markets
AvaProtect & Risk Management
AvaOptions Platform
FAQs about AvaTrade
What is AvaProtect?
AvaProtect is an insurance feature that reimburses your losses on a specific trade if it closes negatively during the protected period.
Are spreads fixed?
Yes, AvaTrade primarily offers fixed spreads (e.g., 0.9 pips on EUR/USD), which helps you calculate costs precisely even during volatility.
What is the minimum deposit?
The minimum deposit is $100 for credit cards and e-wallets. Bank transfers may require a higher minimum ($500).
Is there an inactivity fee?
Yes, a fee of $50 is charged after 3 consecutive months of non-use. After 12 months, an administration fee of $100 applies.
Does AvaTrade accept US clients?
No, AvaTrade does not accept customers from the USA due to regulations.
Regulatory Risk Warning
Trading CFDs involves significant risk of loss. 71% of retail investor accounts lose money when trading CFDs with this provider.