Most individuals wonder whether AvaTrade is a scam or not. To be clear, AvaTrade does not engage in any scamming or fraudulent activities. Since its initiation, there hasn’t been a single case of scamming or fraud by AvaTrade. Ava Trade is a registered company that transacts CFD, stock markets, Forex, and other commodities. The operations of the broker firm are regulated by the Central Bank of Ireland and the European Union. Moreover, AvaTrade is registered by the Spanish CNMV which oversees their operations.
Ava Trade has managed to build confidence in their traders since they are governed by the necessary boards. Therefore, traders do not have to worry about the issue of security or any fraudulent activities. Since Ava Trade is an Ireland broker firm, most of their securities, CFD, and stock comes from Cyprus. This is not an issue to raise eyebrows since Cyprus is under the European Union creating confidence and reliability.
Fees and Commission
Unlike other Forex brokerage firms, Avatrade does not impose any commission on the transactions by traders. In fact, they only charge a favorable fee on the trader’s spreads. This has made Ava Trade be referred as a cost-effective Forex brokerage and has attracted many traders.
AvaTrade offers a comprehensive list of traders’ benefits which makes transacting Forex and CFD more convenient. Ava Trade makes correct payments to their traders, and they can make withdrawals anytime they make requests.
According to AvaTrade Review, Ava Trade incorporates several trading platforms. A good instance is with AvaTrader, created and managed by the Ava Trade ICT team. With this software, you can transact Forex and CFD from any place. AvaOptions software gives traders the opportunity to negotiate over the Counter.
About Ava Trade
AvaTrade was Initially acquired from AvaFX. AvaTrade is an Irish brokerage firm that is regulated by the Central Bank of Ireland and the European Union. The firm is famous due to the trading platforms and resources it provides its traders. Apart from operating in Ireland, it has offices in major cities such as Sydney, Paris, Tokyo, and New York.