How to Open an AvaTrade Real Trading Account
Are you new to investing and looking to open a real account with AvaTrade but unsure where to start? Curious about the time it takes and how simple the process is?
Opening a trading account might seem daunting at first, but we’re here to assure you that it’s often simpler than it appears. The account registration process at AvaTrade is designed to be user-friendly and accessible, even if you have no prior experience.
How to Open an AvaTrade Real Account
Opening a real trading account with AvaTrade is a simple and intuitive process. Just follow these steps to get started:
Step 1: Visit the AvaTrade Website
Begin by navigating to the AvaTrade homepage. Click on the "Open a FREE Trading Account" button to initiate the registration process.
Step 2: Sign Up
A registration form will pop up, prompting you to fill in your first name, last name, email, and phone number. Make sure the information you provide matches your ID documents, as it will be used for verification purposes. Once you've filled out the form, click "Create Account" to proceed.
Step 3: Complete Your Profile
You'll be directed to a more detailed profile page where you'll need to provide personal information such as your date of birth, address, and city. You'll also need to create a password for your account and choose your preferred trading platform (e.g., MetaTrader 4, MetaTrader 5) and base currency.
Step 4: Fill in the Financial Information
Next, you’ll need to answer a few questions about your financial background. This includes details about your occupation, annual income, savings, investment experience, and risk tolerance. This information is necessary to ensure that the services provided are appropriate for your financial situation and trading knowledge.
After filling out the required information, you will need to agree to AvaTrade's terms and conditions. Confirm that you have read and understood all legal documents by checking the appropriate boxes. You also have the option to receive updates via WhatsApp. Once you've agreed to the terms, your registration is complete, and your real trading account with AvaTrade is officially opened.
Step 5: Verification
Now that your account is open, you can proceed to make your first deposit and start trading right away. However, before you fully engage in trading, it’s crucial to complete the verification process. Account verification is required to comply with AvaTrade's regulatory guidelines.
Important Note: You may begin trading immediately without verifying your account by depositing up to 10,000 units of your account's base currency. However, please be aware that if your account is not verified within 14 days, it may be blocked, resulting in the closure of any open trading positions. To avoid any interruptions, it’s recommended that you complete the verification process promptly.
Verification involves uploading a government-issued photo ID and proof of residence. You can do this through a secure upload from your device or via a mobile scan. AvaTrade ensures that this process is quick and secure, allowing you to continue trading with confidence.
How to Open a Demo Account at AvaTrade
To open a demo account at AvaTrade, you first need to register a live account and then log in to your AvaTrade client portal. Once logged in, you can easily create a demo account from your personal dashboard. This demo account allows you to practice trading in real market conditions without any financial risk, making it a valuable tool for both beginners and experienced traders who want to test new strategies.
In your client area, navigate to the "My Account" section. Here, you can add a new account by selecting the option to open a demo account. You'll be prompted to choose your preferred trading platform, such as MetaTrader 4 or MetaTrader 5, and the base currency for your account. After making these selections, your demo account will be created with a virtual balance of $10,000, valid for 21 days.
Once the demo account is set up, you can download the trading platform and start practicing immediately. AvaTrade's demo accounts provide you with the flexibility to test various trading strategies and become familiar with the platform before committing to real funds. You can open multiple demo accounts, giving you plenty of opportunities to refine your trading approach.
What is the Minimum Deposit at AvaTrade?
AvaTrade requires a minimum deposit of $100, making it accessible for traders who are just starting out as well as those with more substantial trading capital. This amount is set to ensure you have enough funds to comfortably manage your trades and take advantage of market opportunities. For more detailed information, please visit the AvaTrade minimum deposit page.
Which Account Currency Should I Choose at AvaTrade?
AvaTrade offers a wide range of base currencies for your trading account, giving you the flexibility to choose the one that best suits your needs. The available account currencies include:
USD (United States Dollar)
EUR (Euro)
GBP (British Pound Sterling)
AUD (Australian Dollar)
JPY (Japanese Yen)
CHF (Swiss Franc)
CAD (Canadian Dollar)
ZAR (South African Rand)
It’s important to note that some currencies are only available in specific regions. However, USD, EUR, GBP, and CHF are available as base currencies for all traders, regardless of location.
Choosing a base currency that matches your funding source can help minimize conversion fees and streamline your trading experience. AvaTrade’s variety of currency options ensures that you can select the most convenient one for your trading and funding preferences, providing you with a smoother and more efficient trading experience.
What Trading Account Type Should I Choose?
| - | |
|---|---|
| Account Currency | USD, EUR, GBP, CHF |
| Minimum Deposit | 100 $100 € |
| Trading Platforms | MetaTrader 4MetaTrader 5WebTraderAvaTradeGO |
| Spread | floatingfrom 0.6 pipsfor EURUSD~ 0.9 pips |
| Commission per Trade | |
| Trading Assets | ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities |
| Opened Positions | — |
| Leverage | 1:1-1:400 |
| Margin Call / Stop Out | 100% / 50% |
| Order Execution | MM |
| Demo Account | |
| Islamic Account | |
| Open AccountRegister |
At AvaTrade, all traders have access to a single, versatile trading account that provides a comprehensive trading experience. When opening an account, you have the flexibility to choose your preferred trading platform, such as MetaTrader 4, MetaTrader 5, or AvaTradeGO, as well as your account's base currency. This streamlined approach ensures simplicity while still offering the essential tools and features needed for effective trading across a wide range of financial instruments.
What Trading Platform Should I Choose?
AvaTrade provides a selection of trading platforms to accommodate various trading styles and preferences. Here's an overview to help you choose the platform that best fits your needs:
MetaTrader 4 (MT4): One of the most popular trading platforms globally, MT4 is ideal for Forex and CFD traders. It offers a user-friendly interface, advanced charting tools, and automated trading capabilities through Expert Advisors (EAs). MT4 is perfect for those who value reliability and simplicity in their trading experience.
MetaTrader 5 (MT5): As the successor to MT4, MT5 includes all the features of its predecessor along with additional benefits. It supports more order types, enhanced analytical tools, and a more flexible trading system. MT5 is well-suited for traders who wish to diversify their portfolios with a broader range of asset classes, including forex, stocks, and commodities.
AvaTradeGO: This platform is designed for traders who prefer mobile trading. AvaTradeGO provides a seamless trading experience on the go, offering a user-friendly interface, advanced risk management tools, and real-time market access. It’s perfect for those who need to stay connected to the markets from anywhere.
AvaOptions: For traders interested in options trading, AvaOptions provides a sophisticated platform tailored to options strategies. It combines the simplicity of Forex trading with the versatility of options, allowing you to manage risk and optimize returns.
Choosing the right platform depends on your trading style, the financial instruments you trade, and your personal preferences. Each platform offers unique features that cater to different types of traders, ensuring you have the tools you need whether you're a beginner or an experienced trader.
Fund Your Account and Start Trading at AvaTrade
Funding your AvaTrade account and beginning your trading journey is a simple and efficient process. Start by logging into your AvaTrade account through the AvaTrade client portal and navigating to the "Deposit" section.
AvaTrade offers a variety of funding methods, including bank transfer, credit/debit card, PayPal, Skrill, and Neteller. Choose the method that suits you best, enter the amount you wish to deposit (ensuring it meets the minimum deposit requirement of $100) and follow the instructions to complete the transaction. Processing times may vary depending on the selected payment method.
| Payment System | Currencies | Deposit Fee | Operation Limit |
|---|---|---|---|
 Neteller |  USD EUR | 0% | from 100 to 20000 USDfrom 100 to 20000 EUR |
 Skrill | USDEUR | 0% | from 100 to 20000 USDfrom 100 to 20000 EUR |
 PayPal | USDEUR | 0% | from 100 to 10000 USDfrom 100 to 10000 EUR |
 Perfect Money | USDEUR | 0% | from 100 to 20000 USDfrom 100 to 20000 EUR |
 Google Pay | USDEUR | 0% | from 100 to 20000 USDfrom 100 to 20000 EUR |
 Bank Transfer | USDEUR | 0% | from 500 USDfrom 500 EUR |
 Visa | USDEUR | 0% | from 100 to 20000 USDfrom 100 to 20000 EUR |
 Mastercard | USDEUR | 0% | from 100 to 20000 USDfrom 100 to 20000 EUR |
 Maestro | USDEUR | 0% | from 100 to 20000 USDfrom 100 to 20000 EUR |
 JCB | USDEUR | 0% | from 100 to 20000 USDfrom 100 to 20000 EUR |
Once your funds are deposited and reflected in your account balance, you can start trading right away. Download and set up your preferred trading platform, whether it’s MetaTrader 4, MetaTrader 5, or AvaTradeGO. With your account funded and your platform ready, you're all set to begin trading a wide range of financial instruments, including forex, CFDs, and more, offered by AvaTrade.
Countries from Which AvaTrade Does Not Accept Clients
AvaTrade does not accept clients from certain countries due to regulatory restrictions. As of the most recent information, AvaTrade does not accept clients from the following countries:
United States
Belgium
New Zealand
Iran
Syria
Cuba
These restrictions are in place to comply with international financial regulations and sanctions. If you're unsure whether AvaTrade accepts clients from your country, it's always a good idea to check their official website or contact their customer support for the most up-to-date information.
How to Close Your AvaTrade Account
To close your AvaTrade account, you should follow these steps:
Withdraw Funds: Before initiating the account closure, ensure that all your funds have been withdrawn. You can do this by logging into your "My Account" area on the AvaTrade platform and following the withdrawal procedure.
Contact Customer Support: After withdrawing your funds, you need to request the closure of your account. Send an email to your Account Manager or to AvaTrade's Client Services team. Clearly state your intention to close the account and provide any required details to facilitate the process.
Confirmation: Once your request has been processed, AvaTrade's support team will handle the closure of your account. You should receive a confirmation email once the account has been successfully closed.
These steps are straightforward and ensure that your account is properly closed and all funds are returned to you. For additional details, you can refer to AvaTrade's official support resources.
More About AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
FAQ
Is AvaTrade legit?
Yes, AvaTrade is a legitimate and well-established online broker. It is regulated by multiple financial authorities around the world, including the Central Bank of Ireland, ASIC in Australia, and the FSCA in South Africa. This regulation ensures that AvaTrade operates within strict financial standards, providing security and transparency to its clients.
Is AvaTrade safe for beginners?
AvaTrade is considered safe for beginners due to its user-friendly platforms and comprehensive educational resources. The broker offers a demo account where beginners can practice trading without risking real money, along with access to various trading tools and customer support to guide new traders.
Can US citizens open an AvaTrade account?
No, US citizens cannot open an AvaTrade account due to regulatory restrictions. AvaTrade is not authorized to accept clients from the United States, as it is not registered with US financial regulatory bodies like the CFTC or NFA.
What documents are needed to verify my AvaTrade account?
To verify your AvaTrade account, you will need to provide a government-issued photo ID (such as a passport or driver’s license) and proof of residence (such as a utility bill or bank statement) that is not older than six months. These documents are required to comply with international anti-money laundering regulations.
How do I deposit funds into my AvaTrade account?
To deposit funds into your AvaTrade account, log in to your account and navigate to the "Deposit" section. You can choose from various payment methods, including bank transfers, credit/debit cards, PayPal, Skrill, and Neteller. Select your preferred method, enter the amount, and follow the instructions to complete the transaction.
How do I withdraw money from AvaTrade?
Withdrawing money from AvaTrade is straightforward. Log in to your account, go to the "Withdrawal" section, and select your preferred withdrawal method. Enter the amount you wish to withdraw, and follow the on-screen instructions. The withdrawal will be processed, and funds will be transferred to your chosen account, typically within a few business days.
