AvaTrade is rated as being one of the best brokers in the forex market. They have their offices in numerous locations including Tokyo, Sydney, Milan, Dublin as well as New York City. The firm follows the regulations of various institutions. They include the Central Bank of Ireland, ASIC regulations in Australia, FSC Regulations in Japan as well as the B.V.I FSC of the British Virgin Islands. The company got its license of brokering from the European Union’s department called MiFID.
There is a single form or standard with which AvaTrade manages its accounts. The user is required to deposit at least one hundred US dollars. The leverages that are offered are in the ratio of 1:400. The spreads provided by the firm are floating as well as variable or fixed spreads with a pip of 0.9. The spread is considered being extremely competitive in the brokerage sector.
There are various order types in AvaTrade. They include: limit orders and Market orders, Entry Limit orders as well as Stop Loss orders, and Entry Stops orders, as well as Trailing, Stops orders. Other not commonly used orders are the Advanced Orders which entail the IF Done orders and One Cancels Other orders.
The funds of the clients are kept in segregated accounts to uphold the security of those funds. Another concept that is allowed is the Hedging and also the spread betting. Spread betting is however done to traders based in the United Kingdom and Ireland. This betting entails doing tax-free trades on a long-term, or short-term spreads in over two hundred financial instruments. The leverage is to the ratio of 400:1. This form of trading can be done in both live or demo accounts and can be found in the MetaTrader 4 platform.
AvaTrade is a forex broker that follows regulations of various institutions. It was started twelve years ago in 2006. It has its dedication to the clients in providing unique solutions to the forex trade. The solutions are given regardless of any prior knowledge on the matter or any experience. The institution allows the client to trade at once on any platform that is required.
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