- Multiple autotrading options
- Reputable broker
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AvaTrade’s auto trading system, aptly called the AvaTrade AutoTrader, is a revolution in the online trading market. With Ava auto trading, traders can take advantage of the reliability of a highly respected Forex brokerage in conjunction with trading strategies from global trade leaders. With autotrading, he can choose from a wide range of strategies, and "buy" the strategy that has performed best in a chosen period of time. Once he has subscribed to a particular strategy, it starts to automatically execute buy and sell orders in his Forex trading account.
AvaTrade auto trading is available with several different account types:
The Mirror Trader - With Mirror Trader you have complete control over your trading experience. You can choose between manual trading, auto-mirroring and semi-mirroring. The Mirror trader at AvaTrade offers you complete flexibility as well as an easy sign-up process, better spreads, choice of level control and no commissions or mark-ups. It also offers a risk-free demo account as well as a $5000 sign-up bonus.
Zulu Trade - Although a full review of ZuluTrade is a bit beyond the scope of this Ava auto trading review, it’s worth mentioning this excellent platform that is highly integrated into the broker’s autotrading program. Zulu Trade was introduced in 2006 and has become one of the major autotrade destinations worldwide with over 30,000 accounts and 10,000 traders trading over $15 billion. Zulu Trade offers around the clock automated trading on the Forex market, a web interface that enables signals to be executed even when the computer is turned off and hundreds of signal providers for automated trading. There’s no need to spend hours poring over financial news and live charts, or worrying about when to close an open position. You just select a profitable trader from ZuluTrade’s live performance chart and the automated system then executes every trade they make in your account.
API Trading - If you have your own trading system, you can execute trades in AvaTrader through its API interface. Using the AvaTrader API libraries you can build secure, automated trading into your software systems. With API Trading you can automate trading actions such as trade requests, stop-loss, take-profit or entry orders. You also have access to past trading transactions and to current and historical market rates and candlestick charts. Access to AvaTrader API Libraries is absolutely free. All that is required is to maintain a balance of at least $1000 in your trading account.
AvaTrade’s Currensee Trade Leaders™ Investment Program - This is an unique auto-trading service that delivers an elite network of emerging foreign exchange managers, called Trade Leaders. Once you open and fund your account, you simply choose the Trade Leaders you want to follow by adding them to your portfolio. By joining the program, you leverage sophisticated technology that replicates the trades of a Trade Leader in your account in real-time, regardless of where you are in the world.
Algorithmic Trading - The latest version at AvaTrade allows you to write your own algorithms, backtest them and execute them. The system will buy and sell instruments according to the algorithm.
We were hardly surprised during this Ava auto trading review to see that AvaTrade offers one of the most comprehensive automatic trading offerings on the market. As the innovator of the autotrade concept, AvaTrade continues to keep its position as a leader in the field of automatic trading.