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Avatrade UK Review

Founded in 2006 and based in Dublin, Ireland, AvaTrade is a forex broker with a trading network accessible to over 150 nations.

It is licensed and regulated broker under multiple government authorities including the EU, BVI and also authorities in Australia, Japan, and South Africa. However, it does not extend its services to US based traders.


AvaTrade allows its users to:

  • Trade Cryptocurrencies and Commodities
  • Forex Trading,
  • Purchase And Sell Stocks,
  • Partake in various methods of training to improve yourself as a trader! (for free)

In order to use AvaTrade you must create an account.

You will be able to choose between a few different types of accounts, including some more and less advanced ones, these services are available in 14 different languages.

AvaTrade is regulated across 6 jurisdictions including the UK.

Trading Software

AvaTrade provides access to a variable multitude of trading platforms, both automatic and manual. Traders can select from over 250 trading assets in addition to analytical instruments, indicators, and charts. The platform itself is very user-friendly and allows you to trade any asset with a single click on the same screen. Another perk with this trading platform is that it can be customized quite a bit and provides access to advanced charts, live feeds, and real-time analysis.

Deposits and Withdrawals

The minimum deposit required to open an account with AvaTrade is $100. The maximum leverage available is 400:1.

Avatrade is compatible with many methods for depositing funds. Refer the list below:

  • Credit card
  • Wire transfers
  • PayPal
  • WebMoney
  • NeTeller
  • Moneybookers

If you are keen to skip the paperwork on your withdrawal, you can use the Ava Debit card. However, a withdrawal usually takes a yawning 5 days to be processed.

Avatrade Accounts

Sometimes, especially for people who are new to trading, it’s hard to pick the metaphorical depth of the pool you’re willing to hop into – that’s why AvaTrade offers a demo account for free!

The demo account is a tool which remains active for 21 days starting from the point of creation. (according to the website you can extend this period of time by contacting them – or just make a new account.)

  • The demo account lets you experience forex trading for free, depending on your region you will receive different leverage,
  • The demo account provides you with virtual funds to experiment and learn trading with,
  • The largest limitation is the inability to use features restricted to VIP and Experienced accounts, such, plus the fact the money you get to start is.

Make sure to also check out M1 Finance.

If you are living in the EU, the standard account for most users in the retail account, the big advantages of using this type of account are…

  • Risk warning put in place to help the user avoid dangerous trades,
  • Negative balance protection stopping you from going into debt with a negative balance,

If you are living outside of the EU, the go-to normal account is the standard account – aside from leverage differences (for legal reasons) the (EU) retail account and the (NON-EU) standard account are virtually identical.

So for someone living in Australia for example, you’d go for the standard account, not the retail account.

The professional account is not the kind used by your average trader who trades for a hobby, it’s designed from educated and experienced users who don’t need the training wheels and who know the risks of trading.

Seeing as the holder of this kind of account is seen as experienced, they will no longer receive warnings and will no longer

Crypto account

While not considered a “core” account, the crypto account allows you to trade cryptocurrencies. The currencies which you are able to trade include: Bitcoin, Stellar coin, Etherium, Ripple and Litecoin.

AvaTrade provides you with trading and analytical tools.


This is a mobile application allowing you to “trade on the go” – it promises both a friendly dashboard and advanced features.

MetaTrader 4

Also known as MT4, this tool which offers you a platform to trade, they promise…

  • 80 currency pairs,
  • No commissions,
  • Free download and installation,
  • And no deposit!

MetaTrader 5

Much like it’s ancestor the MT5 is a trading platform, on top of the previously mentioned pros it also offers:

  • An improved interface
  • More analytical tools
  • 38 Technical trend detection indicators

MT5 is also more accessible than MT4 – giving you the ability to use it on your PC, iOS and Android devices.

Automatic software

The two automatic trading software offered are:

These tools let you automatically copy the actions of more experienced users allowing for effortless investments in the right places.

Customer services

Customer support form Avatrade is on hand 24 hours a day for 5 days a week. The interface is well developed and the staff, very skilled. Traders can communicate in at least 12 different languages.

Does AvaTrade Offer Any Support To Its Users?

No matter you level of expertise you always have various resources to use in your journey through AvaTrade,

On the official website you have access to an ‘education’ tab, it contains…

  • The ‘Trading for beginners’ tab, it will lead you down a rabbit hole of all the basic you need to know, from basics like ‘what is a trend?’ to ‘technical analysis’ – at the time of writing the ‘Trading for beginners’ tab contains 31 articles explaining each topic in
  • The ‘What are Economic Indicators?’ tab, this is a smaller piece explaining the logic behind and the use for the trader’s ability to predict the impact of certain events on the
  • ‘Trading Video Tutorials’ – these are professional videos created to explain various topics, from tutorials on how to train safely to tutorials regarding advanced training tools, in total at the time of writing this – there are 56 video tutorial available for free!.
  • Lastly they also offer the ‘Forex eBook’ this is a book covering the basics and the more advanced aspects of forex trading, available for free!

Aside from learning about how to trade, sometimes you need to ask someone a question – sometimes too simple or too specific to find in a standardised tutorial or QNA, for that there is a ‘Live Chat’ button – after filling out some small details you will be sent into a live chat where you can ask for assistance.

It’s natural to be skeptical about internet security. Especially when you’re handling serious money or relying on it for a living, this is why AvaTrade comes with a host of security measures such as 256-bit SSL encryption. Needless to say, so long as you don’t give away your password – you’ll be safe


AvaTrade is part of a holding company that has a market cap around the ballpark of $17 billion, which is a rare phenomenon in the forex market and is a good reason for why this broker is so trustworthy. On top of that, as a broker based in a European nation, it submits to the comprehensive and regulations set forth by the EU. That suggests its security devices such as data encryption are held to the highest possible standard. The rest of its operations also receive real-time updates thanks to the work of top IT in the field. Rest assured, for a trader, the operations of this firm areas bang up to date as this morning’s newspaper.

Additional services

AvaTrade has made important strides in the education sector as well, appealing equally to both novice and veteran traders. You can access plenty of tips and tools that will help your career in online trading. The learning materials being offered are detailed in the list below:

  • Market reviews
  • Signals and analysis
  • Technical analysis
  • Free FX signals
  • Economic calendar

For novice traders, there are live introductory seminars accessible online, containing real-time information on the market as well as guided tutorials. All of it is freely available.

The platform can be accessed on both your Android and iOS devices.

AvaOptions appeals to the more hardcore traders who intend to trade on Real FX Options. The platform provides access to OTC Vanilla options along with spot and trading options from the same interface for over 30 currency pairs.

Is Avatrade a Good Broker for UK Investors?

While no forex trading is easy AvaTrade along with it’s software provide a safe, regulated and intuitive platform for traders of any skill level to benefit from.

I think that the official review on their website speak for itself, displaying a 4.1 out of 5 with 150 reviews.


AvaTrades operations in the forex market have been active for more than a decade.

In that time, its primary assets have proven to be a high level of security for traders as well as the prompt technological updates it receives on all of its functions. One of the foremost imperatives for a trader is to verify that their broker’s services are licensed and regulated by a reputed government agency.

AvaTrade belongs to an international group with a market cap worth billions of dollars. And its numerous allocated learning resources for trading make it a prime consideration for both novice and experienced traders all over the world.