Company Avatrade began providing its brokerage services back in 2006 and has since remained a reliable player in the market. It is part of Ava Trade Markets Ltd, which holds a number of licenses confirming its right to conduct business. Although scans of licensing documents are not presented on the website, the company provides detailed information with numbers for verification on regulators’ websites.
An important part of the Avatrade team is CEO Dáire Ferguson, who has been leading the company since 2008. He has extensive experience in finance and management, with successful stints in companies in Ireland and the UK, as well as experience leading the finance department at the major pharmaceutical company Bristol Myers Squibb.
Avatrade offers a wide range of services, including currency trading, contracts for difference, options, as well as dealing with securities, commodities, and indices in real-time.
The company prides itself on its multilingual customer support service, providing prompt assistance to clients worldwide. The website lists 37 phone numbers with country codes, ensuring accessibility and communication at all times.
Avatrade offers the opportunity to trade over 50 currency pairs, as well as contracts for difference, allowing clients to use leverage up to 1:400 and a minimum deposit amount of $100.
The broker specializes in trading platforms such as MetaTrader 4/5 and WebTrader, providing convenience and reliability in trading. Clients are also offered the ability to use automated solutions to copy successful strategies and trades of other traders.
Avatrade offers a wide selection of trading platforms and software, allowing clients to choose the most suitable option for them. The company provides innovative solutions, including VPS server for Forex, AvaOptions, and automated trading services.
For depositing and withdrawing funds, Avatrade offers convenient options, including the use of bank cards, bank transfers, and electronic payment systems, ensuring transparency and reliability of operations.
Overall, Avatrade is a stable broker with extensive trading opportunities in financial markets. Customer support service, variety of trading platforms, and innovative solutions make the company an attractive partner for traders of all levels.
It is important to pay attention to each financial broker to make informed decisions for the security of your finances. Avatrade remains one of the industry leaders, offering clients the ability to trade in global markets with comfort and confidence.
My experience with Avatrade was entirely disappointing. Their customer service was gruellingly unhelpful and unresponsive – taking days to answer minor queries. Besides this, their platform was confusing and not user-friendly. The cherry on the cake was the shocking hidden fees that appeared when I wanted to withdraw my funds. It took way longer than one might anticipate and caused a lot of frustration on my end. The lack of information, transparency and the slow service were truly a let-down. No doubt, I will not be using Avatrade again, nor can I recommend it to others.