Overview
AvaTrade was founded in 2006 in Dublin, Ireland and is regulated across six continents including by the Central Bank of Ireland (CBI), ASIC, FSA Japan, FSCA, FSC BVI, and ADGM. The broker is known for its comprehensive copy and automated trading support via ZuluTrade, DupliTrade, and AvaSocial, its dedicated options trading platform (AvaOptions), and fixed spread offering that provides pricing certainty.
Pros
- Fixed spreads: Unique offering — spreads stay fixed even during volatile markets
- Best-in-class copy trading: ZuluTrade, DupliTrade, and AvaSocial all integrated
- Options trading: Dedicated AvaOptions platform for vanilla forex options
- Six-continent regulation: Regulated in EU, Australia, Japan, South Africa, BVI, and UAE
- Good education: AvaTrade Academy with courses, guides, and glossary
Cons
- Fixed spreads can be wider: During calm markets, fixed spreads are less competitive than variable ECN spreads
- No US clients: Not available to US residents
- $100 minimum deposit: Higher than zero-minimum competitors
- Inactivity fee: $50/quarter after 3 months of inactivity — the highest in the industry
- MT4/MT5 only for automated trading: AvaTradeGO app doesn't support EAs
Spreads & Fees
| Account Type | EUR/USD Spread | Commission | All-In Cost |
|---|---|---|---|
| Standard (Fixed) | 0.9 pips (fixed) | None | 0.9 pips |
| AvaOptions | Options spread | None | Varies |
Overnight (Swap) Fees: Standard rates; Islamic accounts (swap-free) available. Withdrawal Fees: Free for most methods. Inactivity Fee: $50 per quarter after 3 months of inactivity — read the terms carefully.