AvaTrade offers its clients an exceptional trading experience. A market player can carry out transactions with currencies, stocks, commodities, indices and options. He has access to the benefits of individual support and uncompromising security. The company colorfully describes its advantages, but you should not jump to conclusions. In today’s article, we will analyze the project, consider several reliable reviews and determine the real value of the office.
The main values of the AvaTrade project
The company calls itself a regulated broker that has been operating in global markets since 2006. The project was allegedly created by the joint efforts of professional traders and experts in the field of online trading. Specialists strive to optimize the experience of individual participants in the system
Among its values, AvaTrade mentions:
- Honesty and justice.
- Affordable customer service.
- Calmness and decency.
- Continuous innovation.
For 16 years, the company has been striving to be a reliable partner. Its technical specialists make every effort to improve the quality of customer services. At the moment, a registered member of the system receives 50 currencies and a trading function in 1 minute. A stock broker actively advertises his services, but his reputation is very far from ideal. There are negative comments on independent web portals, the authors of which claim to be a scam by AvaTrade.
What trading platforms does the project offer?
In addition to the common MetaTrader 4 and 5 systems, a market player can download several developments:
- WebTrader does not provide for downloading to the device and can be launched through any browser. The platform features a simple interface and a modern design. A market player receives all the tools necessary to achieve high goals. He has at his disposal pending orders, the ability to view price charts, and historical data.
- AvaTradeGO allows you to connect to global markets with live news and social trends. A market player can reduce the associated risks with the help of modern protection technology. It will observe its trades by creating unique watchlists and viewing current prices.
- AvaOptions is a professional platform equipped with powerful tools. The client has the opportunity to set limits for entering and exiting the market. Representatives of the brand promise the lowest spreads and the most favorable trading conditions.
The exchange intermediary offers a wide range of trading platforms, but you should not rush to download. The AvaTrade project has a dubious reputation and is often suspected of deception. On independent sites, you can find quite a lot of comments about the criminal activities of the office. Cooperation with such firms usually leads only to losses and disappointments.
Education from a brokerage project
The company offers educational materials. The brand’s specialists provide beginners with educational videos and articles. They describe the basic principles of trading that you will need to create a unique strategy. A market player will get acquainted with the economic indicators and will be able to make an assumption about the potential movement of rates.
Comments from market players
Traders do not like the high spreads in the AvaTrade system. They expand not only during the release of important news, but also in a calm market. During the expansion period, a stop loss is triggered and the trade is closed at a loss. This is a serious problem for those who plan to conduct active trading. The office deliberately reduces the profit of its players. It cancels successful trades, indicating suspicious trading activity.
The exchange intermediary holds hundreds of dollars as a commission. He does not warn about large commission deductions, and therefore is engaged in brazen theft. Traders also complain about spreads, which sometimes reach up to 10 pips.
The firm does not care about its customers at all by providing terrible customer support. The employees of the office do not answer questions and do not help to solve related problems. For some market players, the platform has long been outdated. Transactions on it are carried out too long and painfully. Spreads are unacceptably high, and therefore trading becomes unprofitable. Brand representatives can withhold part of the invested funds or completely block the account without explaining the reasons.
The office has quite a lot of disadvantages. The connection with the server is lost at the most inopportune moment. The system can unexpectedly change orders, contributing to the drain of client capital. Market players cannot withdraw the starting capital, because their account is blocked.
Should I register with AvaTrade?
The brokerage office claims great prospects for cooperation, but in fact, the market player does not receive any advantages. Registered members of the system note poor technical support, low-quality trading platform, and fraud on the part of employees. They do not advise you to start working with AvaTrade, because there is a high probability of losing the initial deposit.
