Trading Forex Platform AvaTrade The Best Overall Forex Trading App

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As you probably know, it takes a trained eye to alert a legitimate forex trader to a scam. Well, we have been around for a while, and by leveraging our in-depth knowledge and experience in this field, we have compiled a list of the best forex traders.

Now, the best way to make the most of this platform is to understand your type of trader. Once you know where your interests are and how much money you have, you will be better able to choose the trading platform that is right for you.

So, ask yourself the following questions to help you decide which forex trader you should turn to. Is this your first time, or are you a veteran trader? Beginner traders are best suited for forex brokers with an easy-to-use platform and rich educational resources.

The forex trader you choose will also be determined by the amount you have to invest. If you have no money, you will need a trader who does not require a minimum deposit. In general, you need to find a merchant with fees and charges you can manage - the lower, the better.

If your tastes go beyond forex, the traders in our review today also offer other financial instruments. Therefore, you can choose the one that suits you best.

AvaTrade: The Best Overall Forex Trading App

Trading Forex Platform AvaTrade The Best Overall Forex Trading App

Brand Overview

AvaTrade is proud to be a leading forex broker. Considering that the company was founded in 2006, which was almost a lifetime at the time of online trading, AvaTrade is experienced, reliable and popular.

The platform opened its doors to retailers at a time when only a handful did. No wonder he has won the trust of so many forex traders around the world. As a result, AvaTrade's reputation is solid.

AvaTrade prioritizes customer satisfaction and trust. Therefore, the platforms, assets and account types are diverse and numerous to meet the needs of 300,000 customers. You will enjoy trading on AvaTrade because the team makes sure.

Since its founding, AvaTrade has leveraged the latest technology to serve its clients with a user-centric trading platform that is present on all continents.

The trading platform records more than three million trades per month, and its offerings are constantly growing and increasing. One of the early adopters of digital currencies was AvaTrade, introducing cryptocurrency trading long before competitors thought of jumping into the shopping cart.


  • Highly organized in many locations around the world
  • Very secure platform
  • Competitive cost
  • 55 currency pairs and cross currency pairs
  • Rare coins available
  • Various trading tools available
  • Many types of accounts
  • Trading academy for beginners
  • Excellent customer service


  • Relatively high inactivity costs


Highly secure platform: AvaTrade is safe and secure, being one of the most regulated trading platforms. The company is regulated in six different jurisdictions, which is a huge achievement for a forex broker.

By having regulations in many jurisdictions, clients around the world can enjoy a safe trading experience. In addition, AvaTrade can customize its offers on its site according to the individual site.

Competitive fees: AvaTrade does not charge commission for trades. However, opening and closing positions comes at a cost known as a spread.

For the EUR/USD pair, the spread is 0.9 pips, which is not very high but definitely higher than you might find on other platforms. However, as a professional trader, spreads for EUR/USD are as low as 0.6 pips, making AvaTrade more competitive for professionals than beginners.

Spreads on CFD instruments such as stocks, commodities and stock indices are more affordable. In fact, it is better than the industry average. Regardless, keep in mind that there are inactivity charges. If you do not make any trades for three months, you will have to pay a $50 fine.

Exotic Coins Available: AvaTrade has over 55 currency pairs and currency pairs that you can trade, even the most exotic and hard to find currencies are available here.

Other tools besides Forex are available: There are different asset classes you can trade on AvaTrade besides Forex. They have 19 commodities, 20 indices, 500 major stocks and cryptocurrencies.

MetaTrader 4 and MetaTrader 5 Trading Platforms: MetaTrader 4 is the gold standard when it comes to forex platforms, as it is easy to use and intuitive. All old hands are familiar with MetaTrader 4, which features the MQL4 programming language and allows hedging and back testing.

MetaTrader 5 is very similar to MetaTrader 4, except it is better and faster.

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