AvaTrade review: What you need to know before signing up.

AvaTrade allows clients to trade with leverage via CFDs on shares, stock indices, currencies, commodities, bonds, and cryptocurrencies. Over 1,250 instruments are available.

Here is a list of the financial instruments offered by AvaTrade:

• Shares:
  660
• Crypto:
  18 cryptos
• Forex:
  50 currency pairs
• CFDs:
  1000 CFDs
• ETF:
  59 ETFs

The CFD range is broad, and this is clearly AvaTrade’s strong point. AvaTrade’s fees mainly comprise the spread, which varies according to the chosen instruments. Overnight charges also apply for positions held overnight.

An overview of the spreads on leading instruments at AvaTrade:

• Spread CAC40:
  2 pips
• Spread STOXX50:
  1 pips
• Spread FTSE100:
  0.5 pips
• Spread SP500:
  0.5 pips

For share CFDs, the fees (spread) begin at 0.13% and vary depending on the market. This places AvaTrade around the mid-range in terms of industry pricing. For CFDs on ETFs and indices, AvaTrade’s fees are also broadly in line with competitors, around 0.020%.
Overnight charges are fairly competitive.

• Commission per share:
  0,13%
• Cost per share:
  £0
• Direct share purchase:
  No
• CFD on shares:
  Yes

• Number of ETFs:
  59
• Minimum ETF spread:
  1
• CFD on ETFs:
  Yes
• Direct ETF purchase:
  No

For Forex, the spread is 0.9 pips on the major EUR/USD pair, and it varies across different currency pairs. For cryptocurrencies, the BTC/USD spread is 0.15%, and 0.20% for BTC/EUR. Around twenty cryptocurrencies can be traded with AvaTrade.
Note that AvaTrade charges an inactivity fee of 50 US dollars once an account has been unused for three consecutive months.

• Spread EUR/USD:
  0.9
• Spread EUR/GBP:
  1.5
• Spread GBP/USD:
  1.5
• Spread USD/CHF:
  1

• Number of cryptos:
  18
• Minimum crypto spread:
  0.15
• CFD on crypto:
  Yes
• Direct crypto purchase:
  No

AvaTrade has opted for an open architecture and provides clients with multiple trading platforms. Its proprietary PC WebTrader application is relatively straightforward but somewhat limited in functionality. Notably, AvaTrade is compatible with MetaTrader 4, one of the most popular Forex trading platforms boasting numerous advanced capabilities, as well as MetaTrader 5, which extends to multiple markets, including shares, indices, and commodities.

AvaTrade also provides its clients with 3 mobile apps. AvaTradeGO, for CFD trading in shares, indices, Forex, ETFs, and cryptocurrencies, was named “Best Forex Trading App 2020.” AvaSocial supports copy trading, meaning the automatic replication of strategies executed by more experienced traders. Finally, the AvaOptions app focuses on options trading (primarily on Forex).

AvaTrade is a well-established and reliable broker that holds multiple licenses and is regulated across several countries. In Europe, AvaTrade complies with various authorities and regulations, including the Central Bank of Ireland, the Cyprus Securities and Exchange Commission, MiFID, and the Polish Financial Supervision Authority. Altogether, nine regulatory authorities across six continents help ensure the safety and reliability of client funds.