Founded in 2006, AvaTrade is an online investment firm that provides online traders with a wide range of trading platforms globally. Its formation was a result of combined effort of web-commerce professionals and financial gurus. They realized that the online retail traders were not getting the best experience that they would ever wish to have. To fill this market gap, the experts developed the platform which has been received with very positively in the industry.
Since its formation, the company has experienced swift growth in its customer base, having more than 200,000 registered customers executing trades worth more than $60 billion in every month. In spite of having its headquarters located in Ireland, the firm has also opened numerous profit centers and offices in different cities worldwide, including Sydney, Tokyo, Milan, Paris and elsewhere.
One beautiful aspect about AvaTrade review is its versatility. It offers traders and online investors with a wide range of platforms on which they can trade. These platforms include AvaOptions, AvaTradeAct and MetaTrader 4. These allow users to trade across multiple platforms and with different accounts. All this is made possible by providing the “my account” tab. Under this tab, users can see what accounts they have opened, whether the accounts are a demo or live accounts, and also on which platform they are trading.
Depositing funds to AvaTrade platforms has also been demystified. By just clicking on the “deposit” button, the user can deposit funds into their accounts. On top of this, there is also the option to fund their accounts using credit cards or through direct wire transfer from their bank accounts.
AvaTrade trade also makes it easy for the user to monitor their trading progress. By clicking on the “closed positions” tab, the trader can generate reports that relate to old trades that have already been closed out. The closed positions history comes along with a P&L that is very useful for the traders to track their performance.
AvaTrade is regulated by the Central Bank of Ireland under the European Union. It has also managed to be licensed by the Australian Security and Investment Commission, in Australia. This has gone a long way to ensuring that the company’s market reach is enhanced and also to increase its clientele base.