Review that Shows AvaTrade is the Greatest Online Forex Trading Experience
According to the review published on the DailyForex.com, established in 2006, AvaTrade is among the world’s top Forex brokers with offices in Tokyo, Milan, Sydney, Dublin, New York plus other locations. The Central Bank of Ireland regulates AvaTrade, and MiFID (Markets in Financial Instruments Directive) in the European Union licenses the Forex broker.
Also, it’s regulated by the Australian Securities and Investments Commission (ASIC) in Australia, the B.V.I (British Virgin Islands) Financial Services Commission in the BVI, and by the FSC (Financial Services Commission) in Japan. There’s one standard account at the AvaTrade, and it needs only a minimum deposit of $100. Leverage is usually offered at 1:400. The company provides both fixed as well as variable or floating, spreads beginning from 0.9 pips.
The spreads of AvaTrade are known to be among the most competitive compared to other internet brokers. There are lots of orders types at AvaTrade including Trailing Stops, Entry Stops, Stop Loss orders, Entry Limits, Limit orders, and Market orders. Advanced orders, which include One Cancels Other orders and IF Done orders are available as well.
Client funds are usually held in segregated accounts toward increased security. Hedging is permitted as is spread betting, which is a tax-free trading involving placing short or long spread bets on over 200 different financial instruments often with a leverage of a maximum of 400:1. The spread betting is always available on the MetaTrader 4 platform, and one is capable of doing it through a demo or live account. It’s available exclusively to the UK and Ireland traders.
AvaTrade was formed as a combined effort of experts in web-commerce and financial professionals with the aim of improving and reviewing the online experience for the retail traders. AvaTrade has expanded enormously within a few years; it has more than 20,000 registered customers globally executing 2 million trades a month with positive success reviews.
The total trading volumes of the company surpass 60 billion dollars per month. The user-oriented perspective of the AvaTrade, combined with a solid financial backing, is truly unique in the online trading field. From AvaTrade’s multilingual support desks that serves its clients 24/7 to its broad range of services and platforms, the company has developed the optimal trading environment for all levels of traders.