Category: Small Business Finance Blog

Advantages and disadvantages of AvaTrade

AvaTrade is one of the most popular and well-known broker companies. However, like every company in any field it has supporters and opponents. Before making a conclusion, we suggest you learn the company’s advantages, disadvantages and read Avatrade feedback of the independent user.

ADVANTAGES OF AVATRADE BROKER COMPANY

  • Permission to use scalping and pipsing trading strategies
  • The possibility of automating trade
  • Extended list of trading assets
  • Availability of the swap free service that allows clients of Islam religion to use the broker services
  • Availability of training programs
  • The efficiency of the operations of depositing and withdrawing funds
  • Promotions among traders
  • Providing bonuses to new clients

DISADVANTAGES OF AVATRADE BROKER COMPANY

Among disadvantages, there is an insufficient amount of training material published on the official website of the broker, as well as the inconvenience of using it due to a flawed interface. On accounts with a floating spread, traders often note its significant expansion, which reduces the profitability of the applied trading strategy.

A client of AvaTrade Company, 56 years old

“I’ve decided to try my hand at trading currency pairs on Forex. I’ve chosen AvaTrade. Of course, I didn’t understand the technical nuances of the software, as well as the nuances of earnings in the financial markets. However, the site provides educational information displayed in video courses and in e-books. In addition, you can contact the operator for technical support. The most important thing for me is that withdrawals are done in accordance with stated conditions that are not violated … Read More . . .