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REVIEW ON THE ONLINE FINANCIAL BROKER AVATRADE

Онлайн брокер Avatrade

REVIEW ON THE ONLINE FINANCIAL BROKER AVATRADE

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Онлайн брокер Avatrade

Today, the Internet provides us with access to a lot of useful information. Everyone can choose the way of additional earnings and study this sphere. A very popular option in the modern world is trading. But where to start trading on Forex?

The first step is to choose an online broker. The list of this kind of companies today is huge. Avatrade has been providing its services in the financial market since 2006. Broker’s activity is regulated by several financial organizations, which is a plus for the company.

Today, the Internet provides us with access to a lot of useful information. Everyone can choose the way of additional earnings and study this sphere. A very popular option in the modern world is trading. But where to start trading on Forex?

The first step is to choose an online broker. The list of this kind of companies today is huge. Avatrade has been providing its services in the financial market since 2006. Broker’s activity is regulated by several financial organizations, which is a plus for the company.

The main services of Avatrade are:

  • trading on the financial market;
  • training opportunities;
  • various partnership programmes;
  • automated trading and round-the-clock customer support.

Avtrade clients can open the main type of account – the standard one, the minimum deposit of which is the rate of USD100, there are no other options. The broker can also charge additional fees for inactive accounts:

  • fee for non-use of the account for three months (in the amount of EUR 25);
  • maintenance fee for accounts that are not used for more than 12 months (in the amount of EUR 100).

Clients’ feedback also indicates other difficulties with account opening. These conditions are not beneficial for traders and we consider them to be Avatrade’s disadvantage.

The choice of trading instruments is quite wide. This includes a lot of currency pairs with such types of assets as commodities, metals and others. The main broker’s trading platforms today are:

  • MetaTrader4 (a popular trading platform for today);
  • personally developed Avatrade platform (provides access to a wide range of tools for analysis and automation of trading procedures).

Some customer feedbacks point to problems with these trading platforms.

Deposit replenishment can be carried out with the help of electronic payment systems PayPal and Webmoney, while withdrawal of funds can be made only with the use of debit card AvaDebit. It is possible to draw a conclusion about the limited way of depositing and especially withdrawal of traders’ personal funds and it is a big disadvantage of Avatrade broker.

Having analyzed the main characteristics of Avatrade, we can say about the presence of pros and cons. But there are still more of the latter.

 

 

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