AvaTrade Review

1.868 • 464 REVIEWS
Updated: Mar 13, 2023

What is AvaTrade?

AvaTrade is a forex broker established in 2006 with offices located across 5 continents and licensed by ASIC, FSA, and other regulators.

AvaTrade offers MetaTrader 4 and 5, AvaTradeGo, AvaOptions, and WebTrader platforms with over 50 currency pairs, cryptocurrencies, vanilla options, as well as CFDs for ETFs, Indices, Stocks, precious metals and commodities.

Please read AvaTrade Reviews below and share live trading experiences with this broker.

June 2020:  An AvaTrade employee has told the FPA that "we are one of 3000 companies to use the same IP."  The FPA wonders about the security of sensitive client personal and financial information with so many offices of so many companies sharing the same IP address.
Summer 2018:  The FPA asks ALL AvaTrade reviewers  to please include their account number in their review.

If you submit a review and it is not approved within 5 business days, please CLICK HERE, read the message, and fill out the form if necessary.  EVERY person who submits information from the form will get a reply from the FPA.

September 2013:   AvaTrade has not been able to provide the FPA with information about how the company can tell what is a normal off-market fill vs. what is arbitrage.

Until this issue is resolved, the FPA recommends against using Forex News Gun software or any other news trading software with AvaTrade.com.

Other websites of this company include AvaTrade.co.za, AvaTrade.es.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 30:1
Minimum to Open Live: $100
Established: 2006
Address: Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742, Dublin, Ireland
Contact: cs@avatrade.com, 353 766803327
Regional offices:
Regulators: ASIC #406684, CBI #C53877, FFAJ #1574, FSA #1662, FSCA #45984, AD-FSRA #190018, BVI FSC #
Prohibited countries:
Trading platforms: MT4, MT5, WebTrader, AvaOptions, AvaTradeGO, DupliTrade, Trading Central
Web Trading: βœ… Yes
Mobile Trading: βœ… Yes

Trading Instruments

Currencies: (55+)
Cryptocurrencies: (10+) Bitcoin, Litecoin, Ethereum
CFD: (500+) Gold, Silver, Stocks, Stock Indexes, Bonds, Oil, Other Commodities

Trading Conditions

EAs/Robots: βœ… Yes
Scalping: βœ… Yes

Managed Accounts & Social Trading

MAM: βœ… Yes
ZuluTrade: βœ… Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Boleto, DinPay, FasaPay, gCard, Neteller, PaySec, SafeCharge, Skrill, VoguePay, WebMoney
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Boleto, DinPay, FasaPay, gCard, Neteller, PaySec, SafeCharge, Skrill, Tranzila, UnionPay, VeriTrans, VoguePay, WebMoney
1.868 • 464 REVIEWS

Traders Reviews

Bahawalpur, Pakistan,
Apr 1, 2022,
Registered user

giving Terrible Rating for a Real Reason

Service use: Live Length of use: 0-3 Months
i usually Give my opinion here at Forexpeacearmy , based on my personal experience, i got My Withdrawal just a while ago so the Avatrade is Not a Scam but yes they are Terrible for One Reason and that is either they are completely ignorant People who are part of the Administration , those people Dont even Know that their Demo accounts are different From Real Servers.
Or they completely Lied to me when i confirmed this thing more than three times , now i got only 5.6 USD loss , after 113 trades , broker Real account has following problems.
1.They have stop hunting.
2.They have much less Slippages but still they have but always say that their Demo also have slippages but that account literally does not have any slippages.
3.Execution is completely different at real accounts from Demo.
4. either i place 5 pip SL or 1 pip SL , my EA always recieved errors from brokers for Invalid SL...what a pitty , broker does not even accept 5 Pips SL with only 3 point spread of crude OIL? shame on you avatrade
5. they dont want you to scalp in real account , but in demo they are less strict.
this is a honest review from a hard work trader, i am a extreme scalper , my advice to scalper stay away from these liers who are sitting in the administration if they really Lied to me...or they are completely ignorant of demo account characteristics.
now a memebr of Avatrade will come and will answer my this review...but before you put your mouth anything against me , Just go and talk to your Administration and teach them if they are ignorant Or stop them if they are lying.
Reply by AvaTrade CCare submitted Apr 5, 2022:
Dear Hassan,

We believe we were able to locate your registration with us.

Having reviewed the statements and points made in your review with our relevant departments we can confirm the that scalping is allowed, but any arbitrage activity is prohibited and can lead to the trading of the account being disabled.

The slippage settings are the same across Real and Demo accounts, however, Real accounts are protected more so than Demo accounts, especially around news events.

We are not able to identify any issues or irregularities with setting a Stop Loss (SL) and unfortunately we cannot guarantee the functionality of the EA, which you are using because it is a 3rd party software.

According to the history of your chat communication with one of our customer support representatives, you have joined a chat with your email address registered for a demo account, therefore the representative stated that they can see only a demo account under the email address provided within our system - but we highlight your query was in regards to real accounts.

Once you provided the details of your real accounts, your questions were addressed accordingly by our team.

Unfortunately we are not able to understand what you mean with the phrase "they have stop hunting" and we kindly ask you to respond to our direct communication in ticket 846922.

We look forward to understanding more and we thank you for choosing AvaTrade.

Warm regards,

The AvaTrade Team
MURCIA, Spain,
Dec 17, 2022,
Registered user


Service use: Live Length of use: 3-6 Months
AvaTrade is scam fraud and theft since its foundation in 2006 which was then called avafx.com.

AvaTrade is banned in more than 20 countries including Belgium and Poland.

The CNMV of Spain sends a report lying to the judge to protect AvaTrade.

AvaTrade loses to WIPO or WIPO the domains avatrade-afectados.es, avatrade-afectados.mx and estafavatradetrade99.com.

AvaTrade steals from me using its most widespread methods of theft the helicopter and the AvaPartner.
Dubai, United Arab Emirates,
Dec 1, 2021,
Registered user

Service use: Live Length of use: 0-3 Months

this app is not for a long term investor. They force pre defined levarage, charge you swap every 10 days, account manager was not honest or up front about details until i started losing money recommending i put more, instrument details do not pop up in an obvious place, educational videos are not all relevant (e.g. lot concept), details about the trade do not include % of specific trade against total equity

Is it not fair to warn the trader before executing? To warn this app is for active investors? To display leverage details after trade is open?

I can go on and on. This app is for advanced users who want to be active traders, and can read through the indirect scams
2 traders have found this review helpful
Reply by AvaTrade CCare submitted Dec 2, 2021:
Thank you for your feedback, Mohammad; we believe we were able to locate your registration within our system. We have carefully reviewed your account and the claims from your post.

Please, be informed that AvaTrade is a broker, providing leverage for executing trades. This information is acknowledged on our websites, FAQs, Trading conditions and general Terms and Conditions. A fixed leverage banner is also attached and shown on every single webpage on each website we have.

The overnight interest, which is referred to as Swap, is also mentioned in our websites, FAQs, Trading conditions and general Terms and Conditions.

We wish to highlight that we have already contacted you via Ticket: #769740 and provided you with further information, regarding your request.

The AvaTrade Team
Waqas Nabi
pakistan, Pakistan,
Jan 2, 2019,

Account wash because of Off Quotes

my account number is 77009146
My name is Waqas Nabi
Be aware from this broker.Avatrade is the wrost broker i see on the internet. i have a 10 year's experience in forex and doing this with many other brokers and some days ago i try to open an account here with avatrade. i deposit 1100$ in trading account and made 1600$ profit. i withdraw my all profit from this broker.
today i open 2 standard lots in EUR/USD 1 by 1 and both trades are running in profit i try many time to close my trades but the error occured "Off Quotes" "Off Quotes" i try my best to close by laptop terminal and than mobile mt4 but i am unable to close.
i than try to chat with support and they told me to wait for some time while they check the issue and meanswhile i called them on their given number. nobody was there to listen my case.
my account got blown and i lossed 1100$ with this s***** broker because of "Off Quotes"
they are pure DD (Dealing Desk) broker. they dont want you to get profit from them. they just want your loss. they just want you to loss with them.
i withdraw 1600$ from them that's why they do this with me because they dont want me to withdraw more profit from their broker's . please i advice you to stay away from this broker. i will post my issue with all forum to aware the people, what they are doing with us. they are cheater's
Reply by AvaTrade CCare submitted Jan 3, 2019:
Dear Waqas,

Thank you for posting your review here as well.

The case is already being investigated. You will be contacted immediately once there is an update.

Kind Regards,
The AvaTrade Team
Valencia, Spain,
Dec 18, 2017,
Registered user

Unethical behaviour. The worst customer service

I opened an MT4 account with them.
I deposit money but never appear in my balance.
I sent many times mails to them (at least 10) but they don't answer me.
I've tried to talk with live chat but after a pair of hours waiting they just say me that somebody will call me. After 5 days nobody call me yet.
Finally I tried to contact them by phone. After 2 days having no answer I can talk. The first thing they said me is sent a mail (I've sent more than 10) After say me again that they call me. I explained her that they told me that already. And after check my account said me that it is not verified when I uploaded 4 times the documents. After all say me: Sorry I can't help you.

Reply by AvaTrade submitted Dec 20, 2017:
Dear Carlanguilla,
We would like to inform you that AvaTrade have recently acquired an unprecedented number of new clients. As a result, your account verification process may take longer than usual.
Rest assured we are working around the clock on getting your documents processed as soon as possible.
We sincerely apologise for any inconvenience this temporary delay may cause and appreciate your patience.
Oman, Oman,
Apr 18, 2021,
Registered user


Service use: Live Length of use: 0-3 Months
Dear Sir

I opened an account with Avatrade in Feb 2021.

They gave me the telephonic call and asked to increase balance to get more profits.

I deposited 7300 dollars and able to withdraw only 1100 dollars. Rest they scammed with me. While I was doing trade there softwates mt4 and ava trade it was hanging many times which caused losses of my amount

I request for return of my amount 6200 dollars.
3 traders have found this review helpful
Reply by AvaTrade CCare submitted Apr 19, 2021:
Dear Khurram,

We thank you for providing your details in order for us to locate you within our system; and we wish to kindly highlight that our Customer Services Team will be in touch with you via ticket 652178 to request further information.

Warm regards,

The AvaTrade Team
Dubai, United Arab Emirates,
Oct 14, 2020,
Registered user

Fraud, Scam and beware from AvaTrade

Service use: Live Length of use: 0-3 Months
Avatrade is a fraud company. Abhishek their agent calls from UAE mobile number registers me. Amit their account Manger advises trades. They will show you profits, get you to invest more and more and then lose all your money. I lost my hard earned and even borrowed money a total OF USD24200. I live in Dubai, UAE. BEWARE FROM THEM DO NOT INVEST WITH THEM. They use web based mobile numbers to call and whats app wherein you cannot call them back.
2 traders have found this review helpful
Reply by AvaTrade CCare submitted Oct 20, 2020:
Dear Firoz,

We thank you for providing your information to allow us to locate you in our system.

We wish to highlight that our Customer Services Team is duly liaising with you via ticket 511019.

Should you require any assistance in the meantime, please do not hesitate to contact us via the ticket or via Live Chat from our website.

Warm regards,

The AvaTrade Team
Abuja, Nigeria,
Sep 2, 2020,
Registered user

Delay in processing withdrawals

Service use: Live Length of use: 3-6 Months
This broker don't have good reputation when it comes to fast withdrawal payouts. i placed a withdrawal which according to their policy takes up-to 10 business working days before it hits my account. Today is exactly two weeks since i made that withdrawal and i am yet to receive my funds. they keep coming up with one excuse or the other, first they said monday was a national holiday, yesterday they said the issue was with my bank and that they'll send me proof that they've sent the money, i've been waiting for that proof now for good two days yet nothing. my account manager has not replied any of my emails regarding this issue since it started. this is so unprofessional and very bad. i'll do everything possible to get my money.
2 traders have found this review helpful
Reply by AvaTrade CCare submitted Sep 3, 2020:
Dear Emmak,

We wish to investigate further please and thus we kindly request you contact us via Live Chat from our website or via cs@avatrade.com, quoting 'ForexPeaceArmy' and providing your trading account details in order for us to try and locate you in our system; and we will of course proceed from there.

We look forward to hearing from you.

Warm regards,

The AvaTrade Team

FPA Forums Team Note: This reviewer provided an account number that is visible when you are logged into your company representative account.
Nairobi, Kenya,
Oct 14, 2020,

I am a modern trader.

Service use: Live Length of use: 3-6 Months
And that's why I'm attentive to everything new and unusual, because it can help to learn something new and master some new strategy.
I have been working here not so long. Before that I tried other companies, but all the time I faced some troubles. Everything seems to be fine here. At least I had already withdrawn money here and I saw that the money came to my card the same day. This is great news.
I have tried different terminals here, in general I can say that they are similar, but I feel more confident with MT4.
And trading calculators were also useful for my statistics.
Reply by AvaTrade CCare submitted Oct 20, 2020:
Dear Sloopic,

We appreciate you taking the time to highlight your positive experience with AvaTrade, and we thank for taking the time to do so.

Warm regards,

The AvaTrade Team
Jabari Rusiimwa
Phnom Penh, Cambodia,
Nov 8, 2020,

Some advantages

Service use: Live Length of use: over 1 Year
Frankly speaking, I haven't spent a lot of my time choosing a brokerage. I just openned a list of brokers and have chose, literally, the first one I saw. That brokerage was AvaTrade and now I'm trading with it for 2 years already. Was my choice the best?
I don't know, as I never tried other brokers. But I know for sure that I never had any regrets about my choice. Maybe it was a little random, but I'm happy that I've chose AvaTrade. And that's why:
1. Regulated. No comments, just basic thing for every brokerage. Ava has everything good with that.
2. Spreads. For example, EURUSD is around 0.7-1.1. I think that's quite okey, like any other regulated brokerage
3. Education. Now I don't need it, but in the beginning of my trading, that was really an important point. Education is divided into 2 sections: for beginners and professional trading. I can't call it 'the best one', but I learned a lot with it. And analytical blog is also good, analytics isn't too freequent but always up-to-date and covers the most important daily points, so I like it.
That's what I think
Reply by AvaTrade CCare submitted Nov 9, 2020:
Dear Jabari,

We appreciate you taking the time to highlight your positive experience with AvaTrade, and we thank for taking the time to do so.

Warm regards,

The AvaTrade Team

Frequently Asked Questions

Is AvaTrade regulated?

AvaTrade Group is regulated in 6 jurisdictions.
  • AVA Trade EU Ltd is regulated by the Central Bank of Ireland (C53877).
  • AVA Trade Ltd is regulated by the British Virgin Islands Financial Services Commission .
  • Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (406684).
  • Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA No.45984 ).
  • Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574).
  • Ava Trade Middle East Ltd is regulated by the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA) (No.190018).

What is the maximum leverage for AvaTrade?

The maximum leverage offered by AvaTrade is 400:1 both on MetaTrader 4 and 5 platforms.

What is the minimum deposit for AvaTrade?

The minimum initial deposit for opening an account in AvaTrade is $100 for both MetaTrader 4 and 5.

Where is AvaTrade based?

AvaTrade is based in Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742, Dublin, Ireland.

Does AvaTrade have Nasdaq?

Indices is one of the tradeable assets offered by AvaTrade. Nasdaq100 is one of the instruments under AvaTrade Indices.