AvaFX Forex Broker Review

Leverage1:200 - 1:400
Minimum Deposit$100
Minimum Transaction Size0.01 lot
Broker TypeMarket Maker
Deposit methodsBank WIRE, Credit Card, Paypal, Neteller, Moneybookers, Webmoney, AvaDebit Card
SpreadFixed, 3 Pips
RegulationCentral Bank of Ireland
Trading PlatformMT4, AVA Alpha Trader, Mirror Trading, Zulutrade

AVAFX was established in 2006, gaining good reputation quickly, and today is one of the most trusted online forex brokers. AVAFX is perhaps one of the most friendliest forex broker with a trading platform that is perfect for both beginner and professional forex traders. Registration process is easy and hassle free, for the Demo account as well as for the Real Money account. AVAFX allows traders 21 days to try out their $100,000 practice account on their advanced trading tools with dozens of currency pairs and Metals. Real Accounts can be funded via paypal, webmoney, or Western Union, while Credit Card funding is instant and customers can immediately access their account with full Forex trading advantages.

Incubated by a highly regarded financial institution that manages assets of over $16 million, AVAFX upholds the same legacy and trust of people since its launch in 2006. With an ever-expanding clientele of more than 50,000 investors, their current operation value outgrows the mark of 20 billion dollars per month.

AvaFx Trading Platforms

AvaFX provides the world leading trading platform Meta Trader 4 that offer convenience trading for both manual trader and EA/forex robot user. Additionally, it also has original trading platform named AvaTrader which is equipped with adequate features to support your analysis and make trades with convenience such as charting and quick one click order execution. And finally the Auto Trader trading platform which introduces Forex traders to the mirror trading concept, a new method in trading that enables traders to ‘mirror’ strategies developed by other experienced Forex traders.

AvaFx Mirror Trading

The Mirror trading platform from AvaFx offers a great choice of trading platforms to choose from. These include:

  • Tradency’s Mirror Trading Platform
  • ZuluTrade
  • Ayondo trading platform
  • Trade leaders program from Currensee

AvaFx – Types of trading accounts

There are 4 kinds of accounts that one can open with AVA FX based on your deposit volumes. The accounts range from Silver ($300 minimum deposit), Gold ($1000 minimum deposit), Platinum ($10,000 minimum deposit) and premium accounts.

Each of the types of accounts at AvaFX entitles new traders to different kinds of bonuses ranging from $75 forex bonus for a silver account to $1,200 forex bonus for a platinum account.

Min. Deposit Dealing Room Access Mobile Alerts Trade Signals
Silver Account $300 No No Free (Only email)
Gold Account $1000 Direct Access Yes (Free) Free
Platinum Account $10,000 Private Dealer Yes (Free) Free
VIP Account $50,000 Private customized packages available.

AvaFx also offers Islamic forex accounts.

AvaFx Deposit and withdrawal options

AVA Fx allows different kinds of payment options into their trading platform wallet. The payment methods offered by AvaFx are:

  • VISA/MasterCard
  • WIRE Transfer
  • Paypal
  • Diners Club
  • Neteller
  • Moneybookers
  • Webmoney

AvaFx Promotions

AvaFx offers a good selection of promotions for new traders as well as seasonal promotions for existing traders. Refer to the table below to learn about AvaFx Promotions available presently.

Account Type Initial Deposit Minimum FREE Cash Amount
Silver $100 $50 *
Silver $300 $75 *
Gold $1,000 $150-$1000**
Platinum $10,000 $1,200**
Ava Premium $50,000 Customized promotion

* Minimum Deposit to open Silver Account is $100.
** Bonus depends on the investment size and deposit method

In order to withdraw the forex bonus, traders are required to execute a minimum trading volume of 10,000 base instrument for every $1 bonus within a period of 12 months from opening their account. 50% of the volumes need to be traded within the first six months of receiving the bonus.

Ava Select Program

The Ava Select program is an elite traders club for AvaFx. It requires a minimum single deposit of 100,000 USD or exceed 100million USD in trade volume. The Ava Select promotion is granted on a quarterly basis. Below are the benefits of the Ava Select Program.

Ava Select AvaFx Regular
Online courses/webinars access Yes Yes
Ava Select hotline Yes No
Daily Analysis Yes Yes
Express Withdrawal Yes  No
Margin Protection Plan Yes Yes
Tailored Educational Programs Yes No
Special Gifts Yes No

Why trade forex with AvaFx

The versatility of the accounts that can be opened with AvaFx is amongst the most attractive features of the company. Silver, Platinum and Gold are the three types of account choices that are made available. Hence, even small or medium-sized traders or businessmen can very well afford to open an account with this big broker. The highest level of trading account at AvaFx is the Platinum account. This calls for a deposit of at least 10,000 dollars to opt for all trading types and the most superior customer support. Precious metals, stocks, forex, and crude oil are the trading choices you have with AvaFx.

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