Ava Trade

AvaTrade is among the best-ranked forex brokers in the world. It was established in 2006 and its head office is located in Dublin, Ireland. The broker offers its services in more than 150 countries worldwide hence its subsidiary offices are also located across the globe. AvaTrade has strived to meet all the legal regulations that are required in this industry and due to that, it is regulated and licensed by the European Union, ASIC(Australia), Financial Services Commission(Japan), B.V.I Financial Services Commission(British Virgin Islands) and in South Africa.




Features


AvaTrade has only one standard account that requires users to make a minimum deposit of $100.One of the unique features of Ava Trade is the automated package that is embedded in the software. The broker offers forex trading APIs that are accompanied by smart strategies which can help anyone to make good sales. These APIs are offered free of charge and you will only pay for advanced professional and auto-trading tools.


Some of the automated-trading platforms that AvaTrade provides include AVA Auto Trader, Mirror Trader, MetaTrader 4 and ZuluTrade System. These systems can help you to trade using the latest version of AvaTrade and at the same time, they come with an array of APIs that you can use to kickstart your forex automation solutions.



The Software


When it comes to the technical aspect, AvaTrade offers a wide range of platforms. You are free to choose either manual or automated version from the available choices. Any single platform on the software gives one access to more than 250 trading tools, indicators, analytical tools and charts.


AvaTrade has a user-friendly interface and you will have an easy time navigating on its website. For multilingual usage, the website is available in English, French, Spanish, Italian, Portuguese, German, Arabic, Chinese, Russian, Japanese and Taiwanese. The platform is well-customized to meet the needs of any user.
The software comes with live feeds, live analysis and an advanced charting system. You can execute any action on the platform just with a single click. There are several platforms in the software that can be used by all users regardless of their knowledge and experience in the world of Forex trade.



Deposits and Withdrawals


The minimum deposit that one can make on AvaTrade is $100 while the maximum leverage is 400:1. It is prudent to note that high leverage translates to greater risk. You can make your deposits using an Ava Debit card, some credit cards, brokers who accept wire transfers, PayPal, WebMoney, Neteller and Moneybookers.
Ava Debit Card will save your time especially when you are trying to withdraw your funds. The withdrawal can take some days to be processed.



Pros


-Easy to use software that is available in different languages.


-The broker offers both Fixed and Floating Spreads.


-You can create a Demo account that will give you an overview of how the software works. With this account, you will be able to decide whether to proceed with the account or not.



Disadvantages


-AvaTrade offers only one standard account


-The withdrawal process is lengthy and time-consuming



Conclusion


AvaTrade has been in the industry for a decade and has managed to win several major awards. It is one of the most respected forex brokers. The fact that it is regulated and licensed by international bodies which means that you can fully trust it. In addition to a friendly website that gives users an incredible experience, there are also support staff that can offer you any help in case you get stuck. In conclusion, AvaTrade is a broker that is worth your time and money.