AvaTrade Broker at a Glance
- Platforms available: MetaTrader 4 & 5, AvaTradeGO, AvaOptions
- More than 1,250 instruments in CFD: stocks, indices, currencies, commodities, cryptos
- Free Copy Trading via AvaSocial, DupliTrade, ZuluTrade
- Demo account with $10,000 virtual, immediate access
- Zero commission on CFDs, competitive fixed spreads
- Central Bank of Ireland, ASIC regulation, Singapore registration
- Segregated client funds, negative balance protection
- Customer support in English, by phone, WhatsApp and chat
- Integrated help tools: trading calculator, technical analysis, AvaProtect
- High inactivity fees: $50 per quarter after 3 months
- Absence of futures, turbos, exotic options
- Limited crypto offer: around 20 major assets
- Minimum lot size sometimes high on certain markets
- What to think of AvaTrade?
- AvaTrade in a few seconds is:
- My Opinion on the Security and Reliability of the AvaTrade Broker
- My opinion on the fees, spreads and commissions applied on AvaTrade
- My opinion on the assets & markets available on AvaTrade
- My opinion on the platform
- Customer Reviews: What Users Think of AvaTrade
- Account Opening, Deposits and Withdrawals on AvaTrade
- Conclusion: Should you invest with AvaTrade?
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Founded in 2006, AvaTrade is an online broker specializing in CFD trading and vanilla options. Present in the markets for over 15 years, it is regulated by several recognized financial authorities including the Central Bank of Ireland and ASIC in Australia.
I have spent several months thoroughly testing AvaTrade, analyzing its tools, fees, and the quality of its user experience in general, with the aim of answering these questions: Is AvaTrade reliable? What are its advantages and disadvantages? Is it suitable for beginner traders or experienced investors? What are its features compared to other regulated brokers in Singapore?
To see more clearly, I have examined every aspect of the broker: registration and account opening, fees and trading conditions, diversity of available assets, platform ergonomics, analysis tools and services offered to traders.
Here is my complete review of AvaTrade in comparison to the other online brokers that I have tested.
What to think of AvaTrade?
My general opinion on AvaTrade
After several months of testing, I can say that AvaTrade is a reliable and well-structured broker, especially suited for active traders who want to speculate via CFDs. What I particularly appreciated is the diversity of platforms: MetaTrader 4 and 5 for classic trading, AvaTradeGO for mobile (fluid and ergonomic), and AvaOptions for working on more complex strategies with vanilla options.
The broker is regulated by the Central Bank of Ireland and ASIC, and properly registered with MAS, which immediately reassured me. The 4.5/5 rating on Trustpilot (based on over 9,000 reviews) also reflects this solidity.
On the asset side, there is access to over 1,250 instruments – Forex, stocks, indices, commodities, cryptos – only via CFD. It is therefore an environment clearly designed for short-term trading with leverage. If you are looking to invest long-term in physical stocks or ETFs, this will not be the right platform. In this case, I advise you to turn to a broker like eToro or an online broker like Degiro.
Finally, the spreads are competitive (0.9 pip on EUR/USD in standard), and the absence of direct commissions makes the trading experience simple to follow.
=> In summary, if like me you trade regularly and are looking for a serious platform with a good range of tools, AvaTrade is an option that I recommend.
Which trader profiles is AvaTrade suitable for?
In my opinion, AvaTrade is particularly suitable for:
=> For beginner traders who want to learn and take their first steps in the world of trading with personalized support from a dedicated advisor and the possibility of accessing a free demo account giving access to a fictitious capital of $10,000. Beginner traders also benefit from the possibility of practicing copy trading and copying the strategies of the best traders with the Duplitrade and Zulutrade platforms. Finally, AvaTrade also provides new traders with webinars, guides and market analyses.
=> For active and regular traders with a wide selection of CFD assets, competitive spreads, and no commission on transactions. The MetaTrader 4 & 5 platforms, as well as the AvaTrade Go app, also offer fast order execution and advanced risk management tools ideal for swing trading and day trading.
=> For copy traders with DupliTrade and ZuluTrade platforms accessible at no additional cost.
However, AvaTrade may not be suitable for long-term investors who will not find stocks or ETFs for direct purchase, nor for scalpers and high-frequency traders who may be hampered by some spreads slightly above average.
AvaTrade in a few seconds is:
Feature | Detail |
---|---|
Minimum Deposit | $100 (demo account with $10,000 virtual funds) |
Regulations | Monetary Authority of Singapore (MAS), ASIC (Australia), FSCA, FSA (Japan), ADGM |
Registration with AMF | No equivalent in Singapore |
Available Assets | Over 1,250 CFDs: 55+ Forex pairs, 630+ stocks, 19 commodities, 20+ cryptos, 15 indices, 2 bonds, vanilla options |
Trading Tools | MetaTrader 4 & 5, WebTrader, AvaTradeGO, AvaOptions |
Demo Account | Yes, with $10,000 virtual funds (21-day duration, renewable upon request) |
Copy Trading | Yes, via AvaSocial, DupliTrade, ZuluTrade |
Islamic Trading | Yes, swap-free account (up to 5 days without fees) |
Main Options | Stop Loss, Take Profit, conditional orders, AvaProtect |
Leverage | Up to 1:20 (retail clients) |
Fees | 0 commission, spreads from 0.9 pip, $50 inactivity fee/3 months |
Customer Support | 24/5: phone, WhatsApp, chat, email |
Trustpilot Reviews | 4.5/5 based on over 9,000 reviews |
My Opinion on the Security and Reliability of the AvaTrade Broker
AvaTrade is a broker that I found particularly reassuring to use, especially due to the quality of its regulation and the clarity of its commitments to fund protection. Here are the key elements to remember:
Indicator | Description | Risk management |
---|---|---|
Regulatory compliance | Regulated by the Central Bank of Ireland, ASIC (Australia), FSA (Japan), FSCA (South Africa); authorized to operate in Singapore | Excellent |
Security of funds | Client funds segregated in top-tier institutions; strict solvency requirements | Excellent |
Risk management tools | Stop loss, take profit, negative balance protection, AvaProtect tool | Good |
Reputation & coverage | Created in 2006, present in over 150 countries, 4.5/5 on Trustpilot (9,000+ reviews) | Excellent |
My opinion on the fees, spreads and commissions applied on AvaTrade
From my experience, AvaTrade offers simple and fairly competitive pricing, especially if you are looking to avoid fixed fees. The broker does not charge any commissions on CFDs, which makes the fee structure clearer: everything goes through the spreads. For me, this is a real strength, especially for active traders who want to keep control of their costs.
I also appreciated that Copy Trading is completely free, whether via AvaSocial, ZuluTrade or DupliTrade. This allows you to follow other traders without additional fees, which is far from the case with all brokers.
Now, let's look at the fees item by item to see what it gives concretely.
What are the account fees?
Type of fees | Conditions | Market average |
---|---|---|
Opening fee | Free | 5 – 10 $ |
Management fee | None | 0,1 – 0,2 % |
Withdrawal fee | None | 5 – 10 $ |
Inactivity fee | 50 per quarter after 3 months of inactivity | 5 – 15 $ / month |
Coverage fee | Deposits accepted in EUR or USD only; fees apply for other currencies | Variable |
I found the conditions to be quite fair overall. The minimum deposit of $100 remains accessible, especially compared to brokers like FXCM or Pepperstone. Withdrawals are free, which is rare and appreciated.
However, the inactivity fees surprised me: $50 every 3 months is clearly above average.
Tip #1
Avoid inactivity fees easily. If you don't trade regularly, consider placing an order or withdrawing your funds before 3 months of inactivity. Personally, I simply open a small position or withdraw my balance so I don't lose $200 a year unnecessarily.
What are the fees on stocks and ETFs?
AvaTrade does not offer direct purchase of stocks or ETFs. All these assets are only tradable as CFDs, which implies specific fees related to this type of product.
Type of Fee | Conditions at AvaTrade | Market Average |
---|---|---|
Commission | $0 (CFD only, no real purchase) | 0.10% |
Spread Fee | Starting from 0.13% on stock and ETF CFDs | 0.10% – 0.20% |
Overnight Fee | Yes, applied to all positions held after closing | 0.01% – 0.04% |
Custody Fee | None (no actual holding of assets) | 0.30% per year (for securities held) |
UK Stamp Duty Tax | 0.5% on UK stock CFDs | 0.5% |
If your goal is to hold stocks or ETFs directly for the long term, AvaTrade will not be suitable. Personally, for this type of investment, I prefer eToro or DEGIRO. On the other hand, for short-term trading with leverage, the fees at AvaTrade remain competitive.
What are the fees on cryptocurrencies?
At AvaTrade, cryptocurrency trading is done exclusively through CFDs. No actual purchase, no wallet, and therefore no custody or transfer fees as on a classic exchange.
Type of Fees | Conditions at AvaTrade | Market Average |
---|---|---|
Buy/Sell Fees | Included in the spread, from 0.5% depending on the crypto | 0.3 – 1% |
Spread Fees | Variable depending on the pair (e.g. ~0.5% on BTC/USD) | 0.5 – 1% |
Overnight Fees | Yes, applied to all positions held | Variable |
Custody Fees | None (no actual holding, only CFDs) | Variable |
Transfer Fees | Not applicable (no crypto withdrawal possible) | 1.5 – 2% on exchanges |
I found the fees reasonable for short-term trading, but if you're looking to buy and hold your cryptos, it's better to go through a specialized platform like Binance or Kraken.
AvaTrade remains a good option if you want to speculate on price variations with leverage (up to x2 for retail traders in Singapore).
What are the CFD fees?
Underlying Asset | Max Leverage (Singapore Clients) | Spread at AvaTrade | Overnight Fees | Market Average |
---|---|---|---|---|
CFD Stocks | Up to 1:5 | From 0.13% | Yes | 0.10% – 0.20% |
ETF CFD | Up to 1:5 | Variable | Yes | 0.10% – 0.20% |
Bond CFD | Up to 1:5 | Variable (e.g. 0.03%) | Yes | Variable |
Vanilla Options | Up to 1:30 | Integrated in the premium | Yes | Variable |
Gold (XAU/USD) | $0.34 | Up to 1:20 | Yes | $0.25 – $0.40 |
Oil (WTI) | Up to 1:10 | $0.03 | Yes | $0.03 – $0.05 |
EUR/USD | Up to 1:30 | 0.9 pips | Yes | 0.6 – 1.2 pips |
EUR/GBP | Up to 1:30 | 1.5 pips | Yes | 1.2 – 1.5 pips |
CAC 40 | Up to 1:20 | 1 point | Yes | 1 – 1.5 points |
Bitcoin CFD | Up to 1:2 | Around 0.5% | Yes | 0.5 – 1% |
Overall, I found AvaTrade's spreads to be very fair, especially on Forex and indices. On gold, oil and cryptos, the conditions remain competitive, even if some specialized brokers offer slightly tighter spreads. What I appreciated is that everything is clear and displayed in advance: no unpleasant surprises. For short-term strategies, it's a solid environment.
✅Good to know
The maximum leverage depends on the asset and is subject to local regulations: in Singapore, it is limited according to the Monetary Authority of Singapore (MAS) regulations.
Overnight fees apply to CFDs for all positions held open after the market closes. These fees vary depending on the underlying asset and market conditions.
My opinion on the assets & markets available on AvaTrade
Assets | Type | Number | Market Average |
---|---|---|---|
Stocks | CFD Only | 630+ | 2,500 |
ETFs | CFD Only | Around 60 | 200 |
Cryptocurrencies | CFD Only | 20 to 25 | 50 |
Currencies (Forex) | CFD Only | 55+ pairs | 50 |
Commodities | CFD Only | 19 | 20 |
Indices | CFD Only | 15 | 12 |
Bonds | CFD Only | 2 | N/A |
Vanilla Options | Options (Forex + Metals) | Available via AvaOptions | N/A |
I found AvaTrade's offering to be well-balanced for a CFD broker. The choice of assets is largely sufficient to build strategies on the main asset classes, including Forex, indices and international stocks. The addition of vanilla options via AvaOptions is a real plus if you have a more technical profile, as few general brokers offer this type of instrument.
That said, if you are looking to invest long-term in physical stocks or ETFs, AvaTrade will not be suitable. Here, everything is designed for active trading with leverage. Personally, I have used it for Forex and indices, and I have found the market depth and responsiveness to be very good.
Vanilla Options on AvaTrade
One of the aspects of AvaTrade that intrigued me the most at first was the ability to trade vanilla options, a product rarely offered by classic CFD brokers. I tested this feature via their dedicated platform AvaOptions, and I must say that if you have a slightly more technical profile, it's a powerful tool.
Vanilla options allow you to speculate or hedge on Forex pairs (and some precious metals such as gold or silver), by choosing a strike price and an expiration date. Unlike CFDs, you can structure complex strategies (such as straddles, strangles or spreads), which gives more flexibility in risk management.
The AvaOptions platform is well-designed: clear interface, volatility charts, premium analysis, automatic calculation of potential P&L... everything is there to build your scenarios. But beware, this is not a product for beginners: it is better to have some solid basics in risk management and market reading before you start.
My opinion on the platform
Feature | My Feedback |
---|---|
Mobile Application | Available on Android & iOS via AvaTrade GO, simple and effective for placing orders on the go. |
Ergonomics | Clear interface on AvaTrade GO and WebTrader, but MetaTrader remains more technical. |
Compatible Software | MetaTrader 4 & 5, AvaTrade GO, WebTrader, AvaOptions for vanilla options. |
Order Types | Market, Limit, Stop-loss, Take-profit, Trailing Stop. |
Technical and Graphical Analysis | Advanced tools with RSI, MACD, Bollinger, Fibonacci, multi-asset comparison. |
Copy Trading / Auto trading | Available via DupliTrade and ZuluTrade (integrated for free). |
Social Trading | Yes, via ZuluTrade. |
Negative Balance Protection | Yes, compliant with MAS regulation. |
Trading Signals | Included on MetaTrader and the AvaTrade platform. |
Asset Research and Selection | Present on WebTrader and MetaTrader, rather complete. |
Vanilla Options | Yes, via AvaOptions. |
Price Alerts | Can only be set via MetaTrader. |
Frankly, I found AvaTrade very comprehensive in terms of platform. If you are already familiar with MetaTrader, you will find your way around right away. For those who prefer a more modern interface, AvaTrade GO does the job well, especially on the go. Order placement is smooth: I choose my asset, I set my stops, leverage, and off I go. Special mention to the AvaOptions platform if you want to test more advanced strategies with vanilla options.
Tip #2
Test in demo mode before risking your capital. With $100,000 virtual funds on the demo account, I was able to try out different order types and refine my settings without pressure. It's ideal for understanding the impact of leverage or the volatility of Forex before going live. A really useful break-in period, especially if you're new to MetaTrader or options.
Customer Reviews: What Users Think of AvaTrade
AvaTrade enjoys an excellent reputation with its users, with an average of 4.5/5 on over 9,000 reviews on Trustpilot. The most frequently mentioned positive points are the quality of customer service, the speed of withdrawals and the ease of use of the AvaTrade GO platform. Many also appreciate the smooth registration process and the availability of advisors.
On the downside, the inactivity fees ($50 after 3 months) are frequently cited as a drawback, especially for occasional users. Some comments also mention longer account validation times, particularly during periods of high demand.
Examples of customer reviews:
- Jean-Luc (February 20, 2025) « Top-notch customer service. Quick and efficient response by phone. Very satisfied with the follow-up. »
- Mickaël (March 15, 2025) « Intuitive and easy-to-use application. Ideal for beginners in trading. I recommend it! »
- Marc (January 3, 2025) « I requested a withdrawal on a Monday, and the money was in my bank account on Wednesday. No complaints. »
Account Opening, Deposits and Withdrawals on AvaTrade
Account Opening
Step | Information |
---|---|
Opening procedure | 100% online, no paper submission required |
Opening time | Generally a few hours after document validation |
Deposit methods | Credit card (Visa, Mastercard), bank transfer, Skrill, Neteller, PayPal |
Minimum amount required | $100 for a real account; no deposit required to access the demo account |
Supporting documents required | Proof of identity (NRIC or passport), proof of address (less than 3 months old), bank statement if requested |
Practical advice | Readable and complete documents to speed up validation |
Opening an account with AvaTrade is 100% online and quite fast. In a few minutes, you can create a demo account and start exploring the platform.
Steps to open an account:
- Fill out the registration form: name, email, phone number, and password.
- Access the demo account: $100,000 virtual funds available without deposit.
- Complete your profile: choose your account type, questionnaire about your trading experience.
- Verify your identity: send a copy of your ID + proof of address (less than 3 months old).
- Receive validation: generally within 24 to 72 hours.
- Make a first deposit: minimum $100 by credit card, bank transfer, Skrill, Neteller, or PayPal.
✅ Good to know
You can use the demo account even before validation, allowing you to test AvaTrade's tools without commitment.
Deposits and withdrawals on AvaTrade
Type | Methods | Minimum Amount | Estimated Time |
---|---|---|---|
Deposit | Credit card, bank transfer, PayPal, Skrill, Neteller, WebMoney | $100 (variable depending on method) | Instant (except bank transfer: 1 to 3 days) |
Withdrawal | Credit card, bank transfer, PayPal, Skrill, Neteller | $100 (bank transfer), $1 (others) | 24 to 72 business hours (depending on method) |
Currencies accepted: USD, GBP, AUD (automatic conversion if needed)
Tip #3
Deposit via card or e-wallet for faster transactions. For immediate credit and to react quickly to market opportunities, I recommend using a bank card or an e-wallet like PayPal or Skrill. Personally, I avoid bank transfers as they are too slow when timing is tight.
Account Types Available on AvaTrade
AvaTrade is a broker specializing in CFD trading. Therefore, it does not allow the direct purchase of stocks or ETFs via a Central Depository (CDP) account or a regular securities account. All instruments are accessible via CFDs or vanilla options.
Account Type | Available at AvaTrade? |
---|---|
Demo Account | Yes, with $100,000 of virtual capital |
Islamic Account | Yes, swap-free, compliant with Islamic finance |
CFD Account | Yes, main account type offered |
Raw ECN Account | No (not available at AvaTrade) |
Standard STP Account | Yes, standard account with integrated spreads, no commission |
Professional Account | Yes, with leverage up to 1:400 and specific conditions |
Classic Securities Account | No, no spot shares or ETFs |
PEA | No, incompatible with Singapore market rules |
Base currency of accounts | EUR, USD, GBP, AUD (automatic conversion if depositing in another currency) |
✅ Please note
The Standard account is the most common at AvaTrade, with access to all CFD instruments and no commission fees. The professional account is reserved for traders who meet certain criteria (experience, available capital, trading frequency).
Conclusion: Should you invest with AvaTrade?
After spending several weeks testing AvaTrade, I can say that it is a reliable broker, well-regulated, and delivers on its performance promises. I particularly appreciated the user-friendliness of the AvaTrade GO application, the quality of the tools offered on MetaTrader and WebTrader, as well as the copy trading options with ZuluTrade and DupliTrade. For those who like to go further, the AvaOptions platform also allows you to engage in more advanced strategies via vanilla options.
Of course, offering only CFDs may deter some long-term investors who want to hold securities directly. But if you are an active trader with dynamic management of your positions, AvaTrade offers competitive spreads, good execution and a generally solid trading environment. Customer service in English is a real plus, especially when compared to other brokers who are often less accessible.
Is AvaTrade regulated in Singapore?
AvaTrade is regulated by the Monetary Authority of Singapore (MAS). It is also regulated by the Central Bank of Ireland, ASIC in Australia, the FSCA in South Africa, and other international financial authorities. This ensures a secure framework for investors.
What is the minimum deposit required to open an account?
The minimum deposit to open a live account with AvaTrade is $100. This amount is accessible for beginners and lower than that required by some other brokers. It is not necessary to deposit to access the demo account, which is free.
Does AvaTrade offer copy trading?
Yes, AvaTrade allows copy trading via two partner solutions: ZuluTrade and DupliTrade. These platforms give you the opportunity to automatically copy the strategies of experienced traders, with direct access from your AvaTrade account. This is a real advantage for users who want to trade in a semi-passive way.
Does AvaTrade offer promotions?
Yes, AvaTrade regularly offers special offers or deposit bonuses, especially for new customers. These promotions vary depending on the region and local regulations. It is therefore advisable to consult the official website to find out the offers available at the time of your registration.
How to contact AvaTrade customer service?
Customer service is accessible in English and available 24/5. You can reach it by phone, email, via the online form, live chat or even on WhatsApp. This is a real plus in case of an urgent question or technical problem.
How does leverage work on AvaTrade?
The leverage varies according to the asset and your status (individual or professional). In Singapore, the maximum leverage allowed for retail traders depends on the specific asset class, according to MAS regulations. Professional traders can use higher leverage. Leverage allows you to multiply your exposure to the market, but it also increases the risk of loss.
How does AvaTrade get paid?
AvaTrade applies a commission-free model on CFDs. The broker is mainly remunerated via spreads, i.e. the difference between the buying and selling prices. It also applies overnight fees on CFD positions held open overnight, as well as inactivity fees of $50 per quarter after 3 months without transaction.
Who is behind AvaTrade?
AvaTrade was founded in 2006 and is headquartered in Ireland. Since its creation, the broker has established itself as one of the leaders in online trading with more than 400,000 users worldwide and a presence in several jurisdictions.
When was AvaTrade launched?
The company was created in 2006. It has since evolved by offering a wide range of CFD products, a modern mobile application (AvaTrade GO), copy trading options and even a platform dedicated to trading vanilla options.
Is AvaTrade regulated in Singapore?
AvaTrade is regulated by the Monetary Authority of Singapore (MAS). It is also regulated by the Central Bank of Ireland, ASIC in Australia, the FSCA in South Africa, and other international financial authorities. This ensures a secure framework for investors.
What is the minimum deposit required to open an account?
The minimum deposit to open a live account with AvaTrade is $100. This amount is accessible for beginners and lower than that required by some other brokers. It is not necessary to deposit to access the demo account, which is free.
Does AvaTrade offer copy trading?
Yes, AvaTrade allows copy trading via two partner solutions: ZuluTrade and DupliTrade. These platforms give you the opportunity to automatically copy the strategies of experienced traders, with direct access from your AvaTrade account. This is a real advantage for users who want to trade in a semi-passive way.
Does AvaTrade offer promotions?
Yes, AvaTrade regularly offers special offers or deposit bonuses, especially for new customers. These promotions vary depending on the region and local regulations. It is therefore advisable to consult the official website to find out the offers available at the time of your registration.
How to contact AvaTrade customer service?
Customer service is accessible in English and available 24/5. You can reach it by phone, email, via the online form, live chat or even on WhatsApp. This is a real plus in case of an urgent question or technical problem.
How does leverage work on AvaTrade?
The leverage varies according to the asset and your status (individual or professional). In Singapore, the maximum leverage allowed for retail traders depends on the specific asset class, according to MAS regulations. Professional traders can use higher leverage. Leverage allows you to multiply your exposure to the market, but it also increases the risk of loss.
How does AvaTrade get paid?
AvaTrade applies a commission-free model on CFDs. The broker is mainly remunerated via spreads, i.e. the difference between the buying and selling prices. It also applies overnight fees on CFD positions held open overnight, as well as inactivity fees of $50 per quarter after 3 months without transaction.
Who is behind AvaTrade?
AvaTrade was founded in 2006 and is headquartered in Ireland. Since its creation, the broker has established itself as one of the leaders in online trading with more than 400,000 users worldwide and a presence in several jurisdictions.
When was AvaTrade launched?
The company was created in 2006. It has since evolved by offering a wide range of CFD products, a modern mobile application (AvaTrade GO), copy trading options and even a platform dedicated to trading vanilla options.