Before you sign up and deposit your money to AvaTrade, you should find out what this is. AvaTrade is a Dublin-based online broker that operates in numerous countries and allows trading Forex, cryptocurrencies, etc. Let’s summarize the main things you should know about this company.
When you pick a broker, you must look at the fees, commission, and other prices as well as compare them with other options. Pay attention to the bid/ask spreads lest you had to give most of your earnings to the broker.
It’s also important to look at the variety of accounts and their cost. For instance, form the AvaTrade review, you’ll find out that the broker has a demo and a real account. The first one doesn’t require your money and can be used for training and practice. You may use virtual money to see how things work. When you deposit $100 and add personal information like name, email, etc., you’ll get a real account.
AvaTrade uses 256-bit SSL encryption to protect your data from hackers and leaks. The site also has McAfee Secure and other protection tools to make sure your money is safe. This company is a WebTrust compliant which implies that the security of your data is one of the company’s top priorities. AvaTrade is licensed in many counties and regions (like the British Virgin Islands, Japan, Australia, European countries, etc.) serving users from all over the world.