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The very first thing that comes into ones mind when introduced to Ava FX is how easy and friendly their interface is. This is apparent surfing through their website, where all needed information for someone new to this firm is accessible and clear, and is even more so with their trading platform – Ava Trader, where all features are no more than a click away.
Registration process is easy and hassle free, for the Demo account as well as for the Real Money account. Ava FX 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 trading advantages.
Live Trading Accounts on Ava FX can be categorized under Silver account with a min. deposit of $100, Gold with a min deposit of $1,000, and Platinum with a min. deposit of $10,000. They also flag an Islamic Account. Ava FX offers bonuses and special offers for new traders, such as reduced minimum deposit rates, special bonuses using specified payment methods or cash added to your account upon first deposit.
Trades are executed with single-click market executions, or with double-click market trading, while Ava’s professional easy to use charts, updates instantly with ability to save multiple charts on separate worksheets. Meanwhile traders can stay ahead with Updated Economic Calendar Analysis as they use Ava’s daily commentary an analysis.
Ava FX uses a downloadable trading platform called the Ava Trader that gives users the opportunity to trade in FX quickly. They also flag a web based trading window called the Ava Java. The Practice or Demo account has all the live features available on its robust full featured trading platform – with all the same features you would find on Ava’s live platform. Ava FX offers Full Streaming Rates, Up to the second flowing executable exchange rates 24-hours a day, wide range of currency crosses, alongside No Commissions or Fees (this policy includes no deposit fees, no trading fees, no rollover fees, no margin call fees, and in general no fees whatsoever.
The platform basically pops up as Ava Trader 3.1.9.9 with its default settings primarily having 6 windows, 3 on the left half (Dealing Rates, Orders, and Open Positions) and 3 on the right half (Instruments, Account Information, and Summary). These windows are primarily default as Ava Trader has 15 Sub windows, which could be customized onto the main window based on trader’s preference. Ava Trader also enables you to build your own workspaces according to your convenience and needs, and then jump between them using tabs.
The Dealing Rates Sub Window has currency pairs with Sell and Buy buttons encrypted on them. Clicking on either of these buttons for any particular currency pair would mean you either buying or selling one of that currency pair for the other. You then are prompted to enter your trading volume, lot, or quantity called Amount on Ava, Predefined Stop or Stop Loss, Predefined Trailing Stop, and Predefined Limit or Take Profit are also features of this Order Pop-up. All trades entered can be viewed on the Orders Sub Window, while all Open Positions can be seen outlaid on the Open Position Sub Window just below the Orders windows on default setting.
Good, easy to use, Charting Tools are available on Ava FX. Right Clicking on a preferred pair one is prompted with options that includes the “Open Chart” once clicked you can proceed with the pair of your choice and time frame as well. The chart opens with all available tools in it. Some of the features of Ava’s Charting Tool are Trend Lines, Fibo Retracement, Horizontal Lines, and Vertical Lines etc. I must pause here to say that Ava is not one of those crazy places for Technical Indicator freaks as they only flag 20 Technical Indicator Tools. Therefore it becomes imperative for a Support/Backup Charting Tool when on Ava for Advanced Traders.
Ava FX’s site hosts an Online Support Center consisting of a knowledge base of the most common questions related to trading in general, trading with Ava and solving technical problems that may arise using their platforms. Ava FX also offers 24hr Multi-Lingual Support via Chat or Phone (with a US Toll Free Number). The representatives are very responsive and informed, awarding Ava’s support services with a 3 Star Ava FX is a brokerage company that is BVI registered with pending membership status on the NFA. It has the backing of a Large Financial Conglomerate that has over $16 Billion in assets. Ava FX is strengthened by the fact that it is audited by Ernst & Young, the fourth largest auditing firm in the world and banks with Commerz Bank in Frankfurt, Germany.
I am convinced that though they have been online only since 2006, with these financial structures in place, and with their easy to use tools, they have come to stay and impact the market a long way.
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