Best Forex Broker Reviews Top 5
Forex Brokers
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AVAFX Review
AvaFX Basic Information
Minimum deposit: 100 USD
Leverage: 1:200
Payment methods: Credit card, PayPal,
Neteller, Moneybookers,
WebMoney,bank wire
Platform Online, Avatrader, MT4 & Mobile
Languages available:
English, Arabic, Dutch, French, German,
Italian,Japanese,Spanish,Svenska,Russian,Turkish
Regulated by FSA & Financial Regulator of Ireland
Trailing Stop Order: Yes
24-Hour trading and support: Yes
Daily exclusive institutional analysis: Yes
FREE advanced online forex trading tools: Yes
Free Demo Account: Yes
Islamic Account: Yes
Online Chat: Yes
Withdraw instantly with Ava Debit Card
Euro or US Dollar trading account
$75 bonus after the first $300 deposit. up to $1200
AvaFX
was founded in 2006, but has already managed to secure more than
100,000 customers during its brief history. Ava FX is
incorporated in Ireland, and its operations revolve around its
unique software, Metatrader 4. Although Ava FX is small when
compared to many other foreign exchange market brokers, its
reputation is enhanced by the fact that it is backed by a major
financial institution. That financial institution has been given
an “A+” rating by an S & P-affiliated rating agency.
Ava FX doesn’t boast a large number of branches spread across
the globe. Instead, it is made up of two basic entities: the Ava
Group and Ava Capital Markets Ltd. Of course, location is not of
primary concern when it comes to trading on the foreign exchange
market online, and Ava FX makes up for its small size by
offering a high level of customer.
>>Click here for an account at
AVAFX
Contact Information At A Glance
If you opt to sign up with Ava FX to conduct your forex trading,
you will need to keep all of its pertinent contact information
handy. That way, if an issue arises you will be able to quickly
and easily get the help that you need. Basic contact information
for Ava FX is as follows:
•Toll-Free Phone Number: 1 (888) 541-3720
•Local Phone Number: 1 (212) 941-9609
•Fax Number: 1 (646) 335-0333
•Trading Desk: trading@avafx.com
•Email Support: customer@avafx.com
•Online Support/Live Chat: www.avafx.com/support/Online
Trading Platform
The primary trading platform used by Ava FX is called the Ava
Trader that gives users the opportunity to trade in FX quickly,
using the wildly popular Meta Trader 4 platform. Ava FX also
offers a web based trading platform which is cleverly called Ava
Java. Live trading accounts on AVAFX can be categorized under
Silver account with a minimum deposit of $100, Gold with a
minimum deposit of $1,000, and Platinum with a minimum deposit
of $10,000. The company’s demo account has all of the features
that you will find on Ava’s live platform, which offers an
excellent introductory trial.
1. Forex Robot; support Forex Robot and Meta Trader platform.
Not all brokers allow forex robot and AvaFX is one of the
credible broker that allows forex robot user.
2. Leverage; offer maximum 200:1 leverage; that means with $100
initial investment you can trades for 100 x 200 = 20,000 unit.
If you choose their MT4 account, you can get up to 400:1
leverage.
3. Commision; AvaFX charges no commission. They are compensated
through the different between ask and bid price.
4. Support; 24 hours trading and support which mean you can
trade anytime you want as long as the market is still open and
you will get help when you need it. You can contact the support
via chat or phone with various languages; English is not a must
here.
5. Deposit and Withdrawal; easy deposit and withdrawal using
PayPal, credit card, WebMoney, Wire Transfer, NETeller, etc.
Minimum initial deposit is $100 with free bonus of $50. This
bonus can be larger, depend on the investment size and deposit
method, read more about it at AvaFX new account promotion.
6. Spread; apply fixed spread with the lowest spread of 3 pips.
7. Trading Platform; AvaFX provide the world leading trading
platform Meta Trader 4 that offer convenience trading for both
manual trader and EA/forex robot user. Click here to open a
live/demo MT4 account.
Additionally, it also has original trading platform named
AvaTrader which is equipped with adequate features to support
your analysis and make trades with convenience such as charting
and quick one click order execution.
If you can’t stay close to your computer often, you can have
AvaFX mobile platform to stay in control with your trades. Both
the platforms allow hedging and scalping. They also allow risk
management strategies such as take profit and stop loss orders.
8. Demo Account; allow trader to test the water with $100,000
demo account. Click here to open a MT4 demo account.
9. Security; AvaFX apply 256-bit SSL encryption and McAfee
Secure Security Scan to protect their website against hackers.
Customer accounts are audited periodically by their auditor,
Ernst & Young while funds are kept in Commerzbank of Frankfurt,
one of Germany’s leading financial institutions.
Trader Support
It has a 24-hour web based multi-lingual support center.
Site design and ease of navigation comments
There are hardly any extraneous advertisements in this site, and
so it is fairly easy to navigate through the Ava Fx site.
Advantages
Ava Fx customer accounts are audited quarterly by Ernst & Young.
Ava Fx customer funds are kept in Commerzbank of Frankfurt,
which is one of Germany’s leading financial institutions. So the
financial linkages are excellent.
AvaFx website lists out the entire management team, and that it
is indeed a comforting feature to have.
An Ava Fx account can be opened in less than 5 minutes if
information is entered correctly.
AvaFX Best Features
•Regulated by FSA
•Holding company is rated A+ by S&P
•Exceptional automated trading solutions
•Customizable MetaTrader 4
•AvaAutoTrader
•Welcome bonus up to $1,200
>>Click here for an account at
AVAFX
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