AvaTrade

  • Regulation : MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC
  • Country : Ireland
  • U.S. Clients Allowed : No?
    Due to strict US regulation many brokers aren't able to accept traders with US citizenship.
    See our list of recommended brokers that do accept US traders.
* Ranked #11 of 316 in DailyForex's top broker list

Info

Name : AvaTrade
Website : avatrade.com
Established : 2006
Country : Ireland
U.S. Clients Allowed : No?
Due to strict US regulation many brokers aren't able to accept traders with US citizenship.
See our list of recommended brokers that do accept US traders.

Advantages

  • Both Fixed and Floating Spreads
  • Easy to use website in many languages
  • Demo account

Disadvantages

  • Only one standard account
  • Lengthy withdrawal process

AvaTrade Crypto

AvaTrade Crypto

The world of cryptocurrency trading may be fairly new, but AvaTrade is not, which gives this broker an excellent advantage over the dozens of cryptocurrency brokers that have been popping up to get in on the action.  Ava bitcoin and other cryptocurrency trading takes advantage of the broker’s know-how and reliability to provide unparalleled cryptocurrency trading opportunities.

AvaTrade offers traders a choice between several popular digital currencies Ethereum, LiteCoin, Ripple, Dash, bitcoin cash and, of course, bitcoin.  Ava does not charge commissions on cryptocurrency trading and does not charge bank fees on related transactions.  Unlike many of its other tradable assets, the maximum lot size for trading Ava cryptocurrencies is 10 lots.  This may sound limiting, but it is also a protective measure for traders due to the high volatility of most cryptocurrencies. 

One notable benefit of trading bitcoin and other cryptocurrencies with Ava is that the brokerage offers leverage up to 1:20 on crypto trades, whereas some brokers offer only 1:2 or 1:5 leverage.  Another advantage of trading with Ava is the ability to short all pairs, an option not available in standard cryptocurrency wallets.  

Finally, it is worth noting that Ava offers several informational pages about bitcoin trading, as well as important information about other cryptocurrency trading to enable traders to fully understand the system before getting started.  In this regard, Ava’s transparency is both welcome and unique, as many brokers do not fully elucidate how their crypto offerings differ from their other asset classes. 

AvaTrade is regulated on 5 continents, making it one of our top recommended brokers for bitcoin trading and for all cryptocurrency and fiat currency trading.  

Review info: AvaTrade
Review Date:
Rating : 5
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