AvaFX is a moderate-sized online trading broker. The company offers both web-based and desktop trading platforms. These platforms have a user-friendly interface, along with sophisticated analytical tools for effective trading. The company website provides essential information required to begin trading. An individual can opt for a demo account, which remains active for a period of 21 days and allows virtual trading worth $10,000. For live trading, an individual can select from silver, gold or platinum accounts. The minimum account fee is $100 for the silver account, which offers trading bonus worth $50.
|
|
| 5.0 | 4.8 (2) |
Editor review
AvaFx review
9 of 12 people found the following review helpful
Ava FX is one of the most preferred online forex brokers. The company offers great customer support and an easy-to-use trading platform. The company allows its users to trade in stocks, commodities and currencies. Offering advanced training tools, extensive market analysis and fixed spreads, Ava FX simplifies online trading for both experienced and new traders.General Background
Ava Capital Markets Ltd., a subsidiary of Ava Financial Ltd., operates Ava FX. Being located in Dublin, Ireland, the company is subjected to Irish regulations and supervision under the Financial Services Authority (FSA). However, the parent company Ava Financial Ltd. is based in British Virgin Islands.
Registration and Account Opening Process
The registration process at avafx.com is simple and hassle free. The website offers free demo accounts for new users. Any individual can simply register on the company website for a demo account. The demo account allows the user to horn trading skills with virtual money worth $100,000.
To get immediate access to online trading, one can opt for real live trading accounts. The website accepts payments through PayPal, WebMoney, Western Union and net banking. As the account goes live, the user gets access to all the forex trading advantages offered by the interface.
An individual can begin real life Ava FX trading as a silver accountholder. The silver account costs a minimum of $100 and offers free cash of $50. Individuals can also opt for gold and platinum accounts which cost $1,000 and $10,000, respectively. The highest bonus of $1,200 is available with the platinum account. VIP traders can take advantage of Ava premium accounts for exclusive privileges and services.
Trading Platform
Ava FX offers a smart forex trading platform with an easy-to-use interface. One can choose from the downloadable version of the platform (Ava Trader) and the web-based version (Ava Java). While providing some of the most sophisticated trading features, it can be used effectively by even a novice trader. Powered by MetaTrader 4, the software allows numerous analytical options in a simplified fashion. The interface can be customized for immediate access to the information as per individual trading requirements. Ava’s Updated Economic Calendar Analysis feature offers precise information about the forex market.
Customer Support
The platform offers customer support in multiple languages. A user can access customer support or technical aid through email, chat or phone.
Despite being in business for only a few years, Ava FX has revolutionized the online trading world with user-friendly web platforms. It is particularly a smart choice for new or less experienced traders. However, the company scores low due to the lack of accreditations with major regulatory bodies.
Pros and Cons
| Pros: |
- Fixed spreads for all market conditions. - Offers both web-based and desktop platforms. - Accepts money from all major online payment systems. - One-click and deal interface Online transactions protected through SSL (Secured Socket Layer) encryption. |
| Cons: |
- During major news releases, the platform executes market orders slowly. - Customer support executives are not available 24 X 7. |
Open Live Account
Open Demo Account










•
•
•
•
•
•
•
