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Ava Autotrader review

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4.8 User rating
 
0.0 (0)

The Ava AutoTrader system introduces the "mirror trading" concept, which allows traders using the system to 'mirror' or emulate portfolio strategies developed by established traders. One can check past results of different strategies and add the desired ones to their portfolio. Ava AutoTrader scores over others on its highly comprehensive performance page, where one can compare and select from hundreds of experienced trading signal providers. The providers can be filtered on different parameters, including: Profit made, Date started, Average pip profit, Winning percentage and Currency pair.

Contact Info

Ava Autotrader review Website
Supported Languages EnglishArabicFrenchGermanItalianRussianSpanishPortugueseTurkish • Swedish
Phone +44-800-520-0423
E-Mail customer@avafx.com
Online Form Yes
Online Chat Yes

Trading Info

OS Windows
Max Leverage 200:1
Currency pairs 23
Commission Charged  1 pip
Minimum Investment 1000
Duration of Free Demo 30 Days
Amount Allocated by Demo Account  100000
Bonus $1000 bonus on deposits over $5000

service Info

Year started 2,009

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Ratings (the higher the better)
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Editor review

 

Ava Autotrader review

Overall rating: 
 
4.8
Ease of setting up an account:
 
5.0
Ease of use:
 
5.0
Money transactions issues:
 
4.5
Customer support:
 
4.5
Reliability:
 
5.0
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Reviewed by Forex Rate It!
January 19, 2011
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Last updated: January 19, 2011
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Ava Autotrader platform enables to trade 23 currency pairs. Traders can test the system with a demo account for 30 days with an amount of $100,000. When trading with real money, Ava Autotrader allows managing multiple sub-accounts with a single master account, using common login details. Traders can set different money and portfolio management settings for these accounts.

Some other features of the automated system are:

Extensive Educational Support

In addition to a video guided tour to trading currencies, Ava Autotrader provides written content for novice traders. This includes
• Introduction to Forex
• Advantages of trading currencies
• Technical Analysis
• Fundamental Analysis - Basics
• Forex glossary
• Market News and Data

Excellent Beginner Assistance

In addition to providing a great wealth of trading options, Ava Autotrader provides comprehensive assistance to beginners through a customer service system. Ava Autotraer has an intuitive, simple and user-friendly interface. The support desk that is available in 12 languages, 24-hours a day. This helps to ensure that queries are resolves appropriately and swiftly.

Complete Safety of Investment

Ava Autotrader is a subsidiary of AvaFX, having a market capitalization of almost $17 billion. Additionally, AvaFX is registered in Ireland and its activities are subject to stringent EU regulations. This adds high credibility to the platform. Ava Autotrader also adheres to the highest industry standards in server security and data encryption. The platform maintains a core cadre of technology experts to ensure that the system remains up-to-date and the traders’ information and transactions are secure.

Multiple Deposit and Withdrawal Options

Ava Autotrader supports immediate deposits with popular credit cards, including MasterCard, Visa and American Express. The platform also accepts wire transfers, and facilitates funding through WebMoney, PayPal, NeTeller and Moneybookers. In addition, the Ava Autotrader’s “Ava Debit Card” feature enables clients to withdraw funds without any paperwork holding-up the process. However, with this feature, the money may take up to five days to be transferred to an account.

Another important feature of Ava Autotrader is the sign-up bonus it provides, which is among the highest in the market currently. Traders can earn as much as $150 for a small deposit of $300. For a deposit over $5000, the platform offers a staggering bonus of $1000.

Pros and Cons

Pros: - Advanced tools for choosing strategies
- Real-time strategy cards
- T-Score feature, which shows strategies that performing well under existing market conditions
- Visual display of strategies’ performance
- Automated and manual trading facility on one platform
Cons: - Slow response from Support Center occasionally
- Absence of Margin-call-o-meter feature, which is available with other forex automated systems
 
 


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