The forex trading broker AvaTrade is a provider with whom you as a trader will probably do plenty of things right if you choose it. This provider not only impresses with an in depth and in particular well-structured range of tradable underlyings. In addition to a broad index of values, the provider also provides its customers with extensive technical and content support.
The foundations for long-term successful trading are thus given. For long-term success, investors should also make sure that they are dealing with a reputable partner with their online broker. In a test during which we’ve gained tons of experience with AvaTrade. The question was therefore also in the foreground whether it’s a trustworthy representative of this industry. Because nothing threatens individual trading success over an online broker, where fraud or rip-offs must be expected.
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Our experiences with AvaTrade South Africa
First of all, we might like to comment generally on the experiences we’ve made during our test in South Africa. Even the first look at forex broker broker’s homepage makes it clear that the investor is coping with a provider who gives seriousness and professionalism a really high priority.
The foremost important information is compiled soberly and clearly structured and with just a couple of clicks the visitor arrives directly at the content and information he’s searching for. A decent appearance is one thing, but in fact a minimum of as crucial for many of them is that the question of how a provider fares in the implementation of the particular trade.
|address||AvaTrade Financial Center, Five Lamps Place, Amiens Street, Dublin 1, Ireland.|
|regulation||Irish Central Bank|
|via contact form|
With such a broadly differentiated trading offer, it’s in fact important that the investor can consider an optimal trading environment. This point is also fulfilled with this online broker. Investors can choose from several platforms. But not only in terms of technology, the offer is totally top.
In our experience, AvaTrade also features a lot to offer in terms of content support. Which offers can actually be used also depends on which account type is used or how much trading capital has been paid into the live account. Additionally, to current market information and also the offer of in depth basic knowledge, personal support from an AvaTrade employee is additionally offered for higher account versions.
Wide selection of tradable underlyings
An absolutely important aspect for the choice of the optimal online broker is and remains the range of trading opportunities. Our test has shown that this provider focuses totally on quality rather than quantity. With a complete of around 250 underlyings, investors also have an impressive selection available in numerical terms.
It is noteworthy, however, that the offer goes well beyond the classic categories. But first it can be noted that the provider is quite broadly positioned in the areas of stocks, stock indices, commodities and currency pairs. In terms of shares, the offer is spread across the USA and Europe regions.
Deposits and withdrawals
The basic requirement for trading is in fact the deposit of capital. Here, too, investors should thoroughly inform themselves beforehand which methods are available for this. In the case of AvaTrade, our experience has shown, investors can in theory choose between a wide range of payment methods. However, the availability of the respective method also depends on the country in which the investor is found.
In principle, bank transfers and credit or debit cards can be used. While the minimum deposit for payments by credit or debit card is 100 dollars, bank transfers are only offered from a deposit amount of 500 dollars. Various online-based payment providers also are available.
The services of PayPal, However, Skrill or WebMoney can only be used by customers outside the EU. Additionally, no fees are charged when depositing trading capital. The same applies to the withdrawal of funds from the trading account. the same methods are often used here as with the deposit.
Security and regulation
An important issue in trading with exchange products is in fact the safety of the provider. In addition to the long-term experience with a web broker, it is of course always good if investors may also rely on external regulation. In the case of AvaTrade, this standard is usually met.
The broker operates worldwide and is regulated by the relevant authorities at variety of different locations. Irish financial institution is responsible for European customers and reliably ensures that the EU regulations that apply here are fully complied with and implemented. This includes, among other things, the requirement that trading credit and company funds must be kept separate from one another to protect customer deposits.
In this specific case, the renowned Danske Bank is liable for managing the funds. Both with a view to deposit security and a serious and fair trading environment, customers can rely on an optimal level without fraud and rip-offs.
Support and customer service
In our test, we also found customer service to be helpful and effective. It’s impressive that customers from South Africa are offered a service within the local language. For instance, Afrikaans-speaking customers have their own hotline at a hard and fast network rate. However, this feature shouldn’t always be used first.
In our experience, it’s very advisable to use the extensive range on the AvaTrade website beforehand. In theory, all information that’s required for specific trading are often found here. Additionally, there are other offers like an economic calendar, various training courses and market analyzes.
Avatrade website offers
The best information offer is of little value if it’s been put together on a poorly structured and confusing website. Here, too, the web broker AvaTrade proves that a comprehensive range of data and a good structure don’t need to be a contradiction in terms. A transparent menu makes it easy for the user to seek out the knowledge they have during a targeted manner.
All the required information on the tradable underlyings also as on the available platforms is compiled in compact form. Here the investor can determine how which platform are often specifically utilized in trading and what advantages it offers. And consistent with our test, there’s nothing to complain about when it involves handling the trade itself. In addition to the AVA Trader and MetaTrader 4, an internet trader version is additionally available. AvaTrade customers also can believe a high level from a technical point of view.
Mobile app trading
The absolute standard for personal investors today available exchange trading is that the ability to intervene in trading employing a mobile device. With this feature, investors with a short-term orientation can ensure they’re flexible and never miss any opportunity in fast trading.
Technically mature solutions are available for both the iPhone and Android, which in terms of functionality are hardly inferior to their basic versions for the PC. This suggests that you simply also can trade real time on the move and use various limit functions. And in fact, it’s also possible to use numerous analysis functions while on the move and to get current market information.
Additionally, investors have direct access to all or any account data with their mobile app and may check their account balance, Inform the present margin and net liquidity value. AvaTrade customers also can believe knowledgeable standard with reference to the chances of mobile trading.
Conclusion – AvaTrade is a Forex broker broker with a best offering
With the online broker AvaTrade, we’ve tested an organization that can be counted among the best representatives in this industry. Primarily on the basis of the available trading opportunities and also the extensive support offers. We come to this conclusion on the basis of a very well-structured trading offer, which matches well beyond the quality in the industry. With base values in the field of digital currencies or ETFs, very special strategies outside the mainstream are also possible. At the same time, you’ll after all also choose from the classic base values from the areas of stocks, stock indices, commodities and currency pairs. The offer that is offered to support traders is also absolutely convincing.
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