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| Quick Brokers Facts |
| Website: |
www.avafx.com |
| Foundation Year: |
2006 |
| Location: |
British Virgin Islands |
| Regulation: |
Irish Financial Regulator |
| Platforms: |
Ava Trader and MT4, Autotrader and Mobile trader |
| OS: |
Windows |
| Max Leverage: |
1:200 |
| Currency Pairs: |
12 |
| Spreads: |
3 pips on EUR/USD |
| Min. Deposit: |
$100 |
| Minimum Transaction: |
$5000 |
| USA: |
No |
| Bonus: |
Up to $1200 first deposit bonus |
| Phone: |
+ 1-212-941-9609 |
| E-Mail: |
customer@avafx.com |
| Address: |
Euro American Trust Building,
POB 3161 Road Town,
Tortola,
British Virgin Islands |
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Features of AVAFx Online Forex Trading
There are many great features to the AVAFx operation, starting with fixed spreads across all of the currency pairs so you don’t have to formulate a new strategy every single morning to deal with a different spread. You also get the chance to trade both metals and currency pairs numbering in the dozens when combined and you can do it around the clock in most cases without having to worry about any commissions or fees in the process.
Account Types
Generally speaking, AVAFx gives all of its traders the chance to start with a practice account. This account comes with $100,000 in fake money that you can use to trade. You can in this way get used to the software and the available options before opening up a standard account. The good news here is that you can open up that standard account with as little as $100, getting access to 100:1 leverage in the US and 200:1 leverage everywhere else in the process.
Payment Options
Populating your real account with money is very easy to do when you choose AVAFx. You can use credit cards to get immediate cash or you can even use sites like PayPal and Web Money that also have the ability to transfer cash immediately to your AVAFx account. Withdrawing can be done the same way, but it frequently does take longer for the funds to find their way back to your payment method of choice than it did for them to get deposited. Additional deposit options include Wire Transfer, Moneybookers, Debit Card and NETeller.
Platform
The software package that forms the platform of AVAFx is an excellent software package. You can get all of the information that you want on screen and you can customize the interface so that it only displays the information that you want it to display. Overall, AVAFx has the ability to ease your transition into online trading if you are an experience offline trader and it also has the ability to take someone completely new and make them into a knowledgeable trader in relatively no time flat.
Help for Beginners
If you are a beginning trader, you might not need much more than the help file for the software package. However, you can take a guided tour of the site to see what it’s all about before you’ve made a decision and you can even get a free e-book on Forex trading strategies when you sign up for an account.
Security
GeoTrust is the organization responsible for securing the AVAFx website and considering not only their high privacy ratings but also their lack of major security issues, this is one area that you don’t have to worry about at all with this brokerage.
Conclusion
Overall, AVAFx is an impressive online Forex trading website with a bright future ahead. It is definitely worth your business.
You can even read reviews of Xforex Online Broker and AvaFx online broker. |
