| Regulated By | ASiC, BVI, FSA(JP), FSB, MiFID |
| Headquarters | Ireland |
| Foundation Year | 2006 |
| Publicly Traded | No |
| Number Of Employees | 500 |
| Contact Information | |
| Web:https://www.avatrade.com | |
| Tel:1 212 941 9609 | |
| Email:[email protected] |
| Min. Deposit | $100 |
| Max. Leverage | 1:400 |
| Mini Account | Yes |
| Demo Account | Yes |
| Premium Account | Yes |
| Segregated Account | Yes |
| Islamic Account | Yes |
| Managed Account | Yes |
| Deposit Options | Credit Card, Moneybookers, Neteller, PayPal, Union Pay, Webmoney, Wire Transfer |
| withdrawal Options | Credit Card, Moneybookers, Neteller, PayPal, Union Pay, Webmoney, Wire Transfer |
| Customer Support Languages | Arabic, English, Finnish, French, German, Hungarian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Swedish |
| Beginners | Yes |
| Professionals | Yes |
| Scalping | Yes |
| Day Trading | Yes |
| Weekly Trading | Yes |
| Swing Trading | Yes |
| 24 Hours Support | Yes |
| Support During Weekends | No |
Crypto currencies Offered by
| Instrument | Typical Spread (Pips) | Leverage (Pro) | Margin (Pro) | Leverage (Retail) | Margin (Retail) | Minimum Nominal Trade Size | Overnight Interest (daily) Sell | Overnight Interest (daily) Buy | Trading Hours (GMT) | MT4 Symbol |
| ETHEREUM | 1% Over-market | 20:01 | 5% | 2:01 | 50% | 1 | -0.08% | -0.15% | 24/7 | ETH |
| BTCUSD | 0.75% Over-market | 25:01:00 | 4% | 2:01 | 50% | 0.1 | -0.08% | -0.08% | 24/7 | BTCUSD |
| BTCEUR | 1% Over-market | 20:01 | 5% | 2:01 | 50% | 0.1 | -0.08% | -0.08% | 24/7 | BTCEUR |
| BTCJPY | 1% Over-market | 20:01 | 5% | 2:01 | 50% | 0.1 | -0.08% | -0.08% | 24/7 | BTCJPY |
| BITCOIN CASH | 1.5% Over-market | 10:01 | 10% | 2:01 | 50% | 0.1 | -0.08% | -0.30% | 24/7 | BCHUSD |
| LITECOIN | 1.5% Over-market | 10:01 | 10% | 2:01 | 50% | 1 | -0.08% | -0.30% | 24/7 | LTC_Mini |
| RIPPLE | 1.5% Over-market | 10:01 | 10% | 2:01 | 50% | 1,000 | -0.08% | -0.15% | 24/7 | XRP |
| BITCOIN GOLD | 2% Over-market | 5:01 | 20% | 2:01 | 50% | 1 | -0.08% | -0.30% | 24/7 | BTGUSD |
Crypto Currency trading is not available on Islamic accounts.
Why Trade Cryptocurrencies with Avatrade
AvaTrade offers all traders the opportunity to trade a wide range of top-ranked digital coins 24/7. Due to the massive popularity of cryptocurrencies over the past couple of years, they have become a conventional and popular asset.
The main purpose of this new technology is to allow people to buy, trade and invest without having to rely on banks or any other financial institutions.
- Start trading with as little as $100
- Competitive swap rates
- You can go short (SELL) a crypto and potentially profit when its price drops
- Up to 20:1 leverage
- Around-the-clock service and support in 14 languages
- Live quotes and charts for your reference
- Trade on the Powerful MT4 Platform
Features and Account Types ,
New Traders that want an account with AVA Trade can register for a practice/ demo account in order for them to get to know the system they are going to trade with. Of course, those who wish to start trading immediately can open a real account pretty fast. Of course you are required to give certain compliance documentation as this is normal with regulated brokerages.
Besides the demo account and real account they have no other bigger accounts and every trader should consider himself or herself as a VIP. I believe this is also the psychology behind Avatrade.
One feature that is unique to Avatrade cryptocurrency broker is that it offers its traders an automated trading package which is part of the trading software.
This includes the ZuluTrade system which is the broker’s auto-trading system that works through various APIs and algorithms and enables traders to develop their own forex automation solutions.
These forex automation solutions are still not copied by other brokers making it truly special to Avatrader. With AVA Trade you are able to trade CFDs, ETFs, stocks, oil, Bitcoin, gold, forex, spreads and more.
Trading Platforms
Avatrade cryptocurrency broker offers several different trading platforms including the most common MetaTrader 4 but also their own  AvaTrader, AvaOptions, Web Trading, Automated Trading and more. Software such as the MetaTrader 4 can be downloaded to a PC or mobile device whilst the Web Trading enable users to trade within any web-browser.
Deposits/Withdrawals
Avatrade cryptocurrency broker offers several different solutions when it comes to making deposits. These payment options include debit- and credit cards, bank transfers, PayPal, Neteller, MoneyBookers, WebMoney and more similar services which depend on the country in which you are living.
As it concerns withdrawals, the funds you withdraw are sent back to the exact same source you used for depositing. This takes from 3-4 days till a week, depending on the deposit method. They have their own debit card that might be a good solution for traders that are profitable on a continuing basis and do not want their wallet at the broker to become too large.
Customer Support
AVA Trade has a large team offering customer support that is available 24 hours a day, 5 days a week during typical market hours. The team is able to provide customer support in 12 languages in order to assist all the multilingual clients from multiple regions. Customer support can be contacted via email, live chat, or telephone.
An FAQ is also provided to help you answer questions whenever needed.
Conclusion
Avatrade cryptocurrency broker | Their customer service is easy to contact and provides prompt assistance. Due to the educational nature of automated trading options provided by AVATrade, this is a good choice for beginners.
That said, the extensive versatility of AVATrade’s Cryptocurrency trading platforms makes this a solid option for traders that have developed certain preferences and need a broker that is seasoned enough to fully understand their needs.
Trading Forex, Stocks and CFDs carries risk and could result in the loss of your deposit, please trade wisely.