The customer review on AvaTrade is in and Mejor Broker believe that AvaTrade is one of the best online brokerage firms available due in part to its legitimate business practices. The Ireland based company, one of the few online brokerage firms that have a physical office, is overseen by several reliable regulatory agents. Its location allows traders to feel confident that they are dealing with a non-fraud situation.
Along with being reliable, traders and other customer views on AvaTrade all repeat a similar praise in the fact that it does not charge any commissions. Traders only accrue costs in the form of spreads, which allows the brokerage to make up from no cost commissions. The Mejor Broker Review highlights the option to open up a Free Demo Account so that novices can gain some experience in trading without having to risk real money.
AvaTrade is highly convent and easy to use. It is accessible on multiple platforms such as CFD trading on Bitcoin, MetaTrader 4, and even AvaOptions. It is a high risk, high reward opportunity due to its extremely high leverage that this broker has (1:400).
Established in 2006, AvaTrade began operating as an online forex and CFDs broker. They specialize in a variety of different trading services and have continued to grow since its inception. Currently it operates in many different countries in Europe, Africa, and in the Oceanic area with a diverse support staff that is available 24/5.
Further highlighting the success of this relatively new brokerage are the multiple awards that AvaTrade have received since 2009, including “Best Customer Support” and “Best Forex Broker 2016.” Customer reviews all report the ease of use for beginners, along with the versatility available for those who have more experience with CFD trading. Traders are able to deposit money through credit cards, eWallets, or even bank wire transfers.