While AvaTrade provides multiple platforms for algorithmic and social copy-trading, the broker’s overall client experience trails industry leaders. Customer service is terrible, pricing is just average, less than 1000 instruments are available to trade, and research is underwhelming.
Top Takeaways for 2020
After spending five months testing 30 of the best forex brokers for our 4th Annual Review, here are our top findings on AvaTrade:
- Founded in 2011, AvaTrade is regulated in three tier-1 jurisdictions and three tier-2 jurisdictions, making it a safe broker (low-risk) for forex and CFDs trading.
- Alongside MetaTrader, AvaTrade offers its proprietary web platform, as well as ZuluTrade and DupliTrade, for social copy trading. The variety of platform options makes AvaTrade competitive in this area.
- AvaTrade offers terrible phone service. Also, compared to pricing leaders such as CMC Markets and FOREX.com, AvaTrade does not rank among the best brokers for low cost trading.
The following information was taken from : forexbrokers.
We will soon update the FULL review for Avatrade.