Open a Forex Trading Account with AvaTrade and enjoy the benefits of an internationally regulated broker! Their trading conditions are decent as is their platform selection, and some love their copy trading features. Each pair has two prices — the price for selling the base currency bid and a price for buying it ask.
With all of these cross-currents, the forex markets offer unique trading opportunities, and it is easy to see why this type of trading has become so popular with both new and professional forex investors worldwide. When trading Forex, you are buying one currency by using another. Therefore, the forex trader is trading currency pairs and not each currency individually. In the Forex world the pairing of the currencies is presented as a rate, which reflects the ratio between the values of the two currencies.
The Forex pairs are divided into three main groups — majors, minors and exotic pairs. The main difference between the pairs is their liquidity which is a result of the trading volume of these pair.
AvaTrade offers a selection of trading platforms , for both automated and manual trading, with unique features and tools like expert advisors for MT4 to optimize your trading experience. Whether you are interested to trade on your own, or copy the trades of others, our selection caters to all traders, where you are sure to find the one for you.
In addition to spot trades, our platform allows FX options trading. When a trader opens a position at AvaTrade, he is not charged any other commissions beside the spread. The spread is the difference between the buy and sell price which is counted in pips — the fourth digit after the dot.
The spread charged for a position opened by a trader is the spread multiplied by the size of the position. The forex market has high liquidity, due to an elevated supply and demand rate. Traders apply transactions based on financial events, as well as general events. Naturally, when a currency will be on a high demand, its value will raise comparing to the other currencies, and vice versa.
Financial events are frequent statements by countries, central banks or other financial institutions, on topics such as unemployment rate, manufacture numbers and many more.
Before the event takes place traders speculate on its content, and based on these speculations open positions. All the events can be seen and followed on the economic calendar. Once logged into the platform the trader will check the ask and bid prices; for the purpose of the example they will be 1. The difference, as noted, is of 3 pips and this will go to the broker.
Then he will be required to select an amount — say 10, units. If the market responded the way the trader predicted and the Euro rose from 1. When trading forex, as well as any other instrument, you must be able to trade with confidence. Profits can never be guaranteed, and any type of trading has its advantages and disadvantages, as well as the risk of losing funds. At AvaTrade we are committed to a set of values which define our relationship with our customers.
You can also use our teaching materials in the education tab on out site. You will find there a wide collection of articles, video tutorials and many more tools that will assist you in every step of the way. We know trading might be a bit overwhelming and even scary at times, but we do all we can to make sure you are fully prepared to begin trading in the real world.
These tools and many others allow you to trade peacefully and know that AvaTrade has your back. Everything we provide is on the highest possible level, and we go to great measures to constantly innovate and improve them for you. Join AvaTrade today and enjoy the best trading experience you can get!
Avatrade offers vanilla options on 30 forex pairs with expirations ranging to one day to one year. Avaoptions provides historical charts and detailed risk analytics option greeks. You can give options trading a try with a free 21 day demo account. Mirror Trader is a unique third party trading copying platform from Tradency. It allows you to customize the way in which you follow and copy the trading strategies of more experienced traders. You can use smart filters to select strategy providers to follow based on your trading preferences.
Mirror Trader allows you to set allocations and customize level of risk by setting limits and stops on specific trades. You can choose to automatically replicate a trading strategy in real time using the auto-mirroring mode. Alternatively, you can pick and choose which trades to copy in the semi-mirroring mode. Zulutrade is a user friendly social trading platform which allows to follow and copy the trades of over , experienced signal advisors from countries free of charge.
You can filter by many metrics including risk level, win ratio, trading activity, average gain, historical performance, and user reviews. However, it does not offer mobile versions of Avaoptions, Mirror Trader, and Zulutrade.
Customers can also get in touch via live chat and email support. While Ava Select Accounts can withdrawal funds within 24 hours, withdrawals for all other accounts take up to 5 business days. With these recent acquisitions and solid financial backing,. Overseen by regulators from Ireland, Australia, British Virgin Islands, Japan, and South Africa, Avatrade is subject to stringent compliance requirements, including how it handles client assets, security of client funds and financial reporting.
At present, there is no record of regulatory fines or settlements. Client funds are held in segregated accounts. Avatrade secures your information and money with bit SSL encryption across the entire website.