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AvaTrade

AvaTrade (founded 2006 in Dublin as forex-only "AvaFX" by Emanuel Kronitz and Negev Nosatzki; rebranded AvaTrade in 2013 after expanding into multi-asset CFDs) runs one of the broadest, most extensively self-documented multi-entity regulatory structures on this site: AVA Trade EU Ltd under the Central Bank of Ireland (C53877), Ava Capital Markets Australia Pty Ltd under ASIC (406684), Ava Trade Markets Ltd under the BVI FSC (SIBA/L/13/1049), Ava Capital Markets Pty Ltd under South Africa's FSCA (45984), plus entities in Cyprus, Japan, the UAE, Israel and a Colombia representative office. That breadth comes with a real caveat found in this research: AvaTrade's UK authorisation has lapsed to "Supervised run-off" status (it applied to cancel its UK temporary permission in Oct 2023) — it can wind down existing UK business but is no longer FSCS-covered or taking new UK clients under that status, and secondary sources even disagree on the FRN itself. Trading runs on the widest platform lineup of any broker reviewed here: MT4, MT5, the proprietary AvaTradeGO app, the dedicated AvaOptions platform, browser WebTrader, and copy-trading via DupliTrade/ZuluTrade. A 20%-style deposit welcome bonus is widely advertised by third parties, but the specifics are genuinely unreconciled across sources found in this pass — conflicting minimum-deposit figures ($250 vs $1,000), conflicting tier structures (flat 20% vs. a $50–$10,000 tiered table), a conflicting eligible-country list (one source implausibly includes Iran), and a stated Dec 2027 expiry that could not be confirmed against AvaTrade's own promotions page (blocked/404 on every attempt). What is consistent across sources: this bonus, like virtually every cash deposit bonus in the industry, is understood to be unavailable to EU/UK/AU retail clients under ESMA/FCA/ASIC rules and reserved for clients onboarded through the less-regulated entities. Reviews are net positive but with a real recurring theme: Trustpilot sits at a strong ~4.6/5 (the best headline figure on this site so far) while Forex Peace Army sits lower at ~3.5/5, and both surfaces — even the positive Trustpilot reviews — repeatedly flag withdrawal delays as the main friction point.

Recently checkedAffiliate partner (labelled)MT4MT5AvaTradeGOAvaOptionsWebTraderDupliTradeZuluTrade
Open account
Provider score
62
weighted mean of the dimensions below
Data confidence
Medium
how complete & sourced the fields are
Last fully verified
Sep 12, 2026
last checked Sep 12, 2026
Commercial relationship
Affiliate
never affects the score
Legal entities

Regulation is per entity, not per brand

Which entity you are onboarded to decides your regulator, protections and available leverage.

AvaTrade UK (temporary-permission entity, "Supervised run-off")
RegulatorFCA (tier1)
Licence numberFRN unconfirmed — conflicting sources cite 579202 or 531900
Licence statusLapsed / revoked
JurisdictionUnited Kingdom
Investor protectionnone (not FSCS-covered under run-off status)
AcceptsNot on file
RestrictedNone recorded
Ava Capital Markets Pty Ltd
RegulatorFSCA (tier2)
Licence numberFSP 45984
Licence statusClaimed, not checked
JurisdictionSouth Africa
Investor protectionnone
AcceptsNot on file
RestrictedNone recorded
Ava Trade Markets Ltd
RegulatorFSC BVI (offshore)
Licence numberSIBA/L/13/1049
Licence statusClaimed, not checked
JurisdictionBritish Virgin Islands
Investor protectionnone
AcceptsNot on file
RestrictedNone recorded
Ava Capital Markets Australia Pty Ltd
RegulatorASIC (tier1)
Licence numberAFSL 406684
Licence statusClaimed, not checked
JurisdictionAustralia
Investor protectionnone (no ASIC compensation scheme for CFD/FX)
AcceptsNot on file
RestrictedNone recorded
AVA Trade EU Ltd
RegulatorCBI (tier1)
Licence numberC53877
Licence statusClaimed, not checked
JurisdictionIreland
Investor protection€20k ICCL
AcceptsNot on file
RestrictedNone recorded
Conditions

Trading conditions

Spreads are only comparable when sampled on the same day at the same account tier.

Account tier shownRetail

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Typical EUR/USD spread0.8 pips

no sample date on file

Commission$0 disclosed

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Minimum deposit$100

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Swap-free availableYes

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Max leverage1:30 retail (ESMA/FCA/ASIC-capped entities); up to 1:400 for professional / non-tier-1 clients

Varies by entity and client jurisdiction.

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Conditions

Markets & access

PlatformsMT4, MT5, AvaTradeGO, AvaOptions, WebTrader, DupliTrade, ZuluTrade

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Instrumentsforex, indices, commodities, metals, crypto, stocks, options

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Payment methodscard, bank wire, skrill, neteller, crypto

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Trading restrictionsIslamic (swap-free) accounts confirmed available. Standard retail-CFD leverage caps apply on the Ireland/Australia/South Africa-regulated entities; the BVI entity is understood to offer materially higher leverage, exact figures not confirmed in this pass. The advertised deposit welcome bonus is, per standard ESMA/FCA/ASIC rules, understood to be unavailable to EU/UK/AU retail accounts — confirm eligibility for your specific entity before assuming a bonus applies.

Source: AvaTrade — official regulation/entities page · last checked Sep 12, 2026 · confidence Medium

Offers

Current & past offers

Expired offers stay listed so the history is not quietly rewritten — their codes are disabled.

LIVE
Deposit bonus for non-EU/UK/AU accounts (exact terms unconfirmed)
Auto-applied
No expiry on file
Score breakdown

How this score was built

Each dimension is scored 0–100 with a written rationale and its own weight. No single unexplained star.

Commercial deals excluded
20%Regulatory & entity clarity68

A genuinely broad, primary-sourced 9-entity structure (Ireland CBI, Australia ASIC, BVI FSC, South Africa FSCA, Cyprus, Japan, UAE, Israel, Colombia) — one of the widest on this site. Held down by a real, concrete finding: the UK authorisation has lapsed to "Supervised run-off" (applied to cancel Oct 2023), is no longer FSCS-covered, and even the FRN itself is disputed across secondary sources. A separate FCA clone-firm warning entry for a similarly-named "Ava Capital Markets" adds noise worth flagging, though it was not conclusively tied to the real AvaTrade group.

15%Cost transparency55

Commonly-cited figures ($100 min deposit, ~0.8 pips retail EUR/USD, 1:30/1:400 leverage split) are consistent across multiple secondary sources, but AvaTrade's own account-types and fees pages returned 404 or were blocked on every fetch attempt in this pass — real transparency could not be confirmed directly against an official page.

15%Funding & withdrawal clarity52

A strong ~4.6/5 Trustpilot score still carries recurring withdrawal-delay complaints even among positive reviewers, and Forex Peace Army's lower ~3.5/5 includes threads describing withdrawal requests going unacknowledged for extended periods after documents were submitted — a real, cross-source pattern rather than an isolated complaint.

12%Platform / execution disclosure68

The broadest platform lineup of any broker reviewed on this site (MT4, MT5, proprietary AvaTradeGO, a dedicated AvaOptions platform, WebTrader, plus DupliTrade/ZuluTrade copy trading) is a genuine, verifiable strength — unlike eToro's platform lock-in, AvaTrade supports both social/beginner and MT4/MT5-based algorithmic trading.

12%Country eligibility accuracy65

Genuinely broad multi-entity global reach across five continents. One secondary source's "eligible countries" list for the welcome bonus implausibly includes Iran — flagged as a likely data error in that specific source rather than treated as fact, which is itself a reason for caution about country-eligibility claims from aggregators generally.

12%Terms / promotion fairness48

Three secondary sources materially disagree with each other on the welcome bonus's minimum deposit, tier structure, and expiry date, and AvaTrade's own promotions page could not be reached in this pass to resolve it — a real transparency gap distinct from (and arguably worse than) the low scores given elsewhere on this site for bonuses that were at least confirmable on an official page. What is consistently understood — that EU/UK/AU retail clients cannot get it at all — is itself a fairness-relevant two-tier structure.

8%Operational history78

Genuine ~20-year operating history (2006–2026) with a clearly explained, non-evasive brand evolution (AvaFX → AvaTrade, 2013) and widely-repeated (if not independently audited, since AvaTrade is privately held) scale figures — 300k+ clients, $70bn+ monthly volume, 100+ industry awards.

6%User-feedback quality70

The strongest headline Trustpilot figure of any broker on this site (~4.6/5) alongside a more moderate Forex Peace Army score (~3.5/5) — net positive, but the withdrawal-delay theme recurring even in the positive reviews keeps this from scoring higher.

Reviews

What readers report

Member reviews are kept separate from our editorial assessment and from the provider score — they are moderated, not curated for tone.

No approved member reviews yet. An empty review list is not a negative signal — it means nobody has published one here.

Write a review

Sourcing

Where this data came from

If a field is missing here, treat it as unverified rather than as a negative.

Verification statusRecently checked
Data confidenceMedium
Last checkedSep 12, 2026
Last fully verifiedSep 12, 2026
Reviewed byNot recorded
Attached sources

Editor note: Regulatory entity list is well primary-sourced (AvaTrade's own regulation page fetched successfully via proxy), but the UK FCA status specifically needs a direct FCA-register re-check (both the exact FRN and the "Supervised run-off" claim rest on secondary sources here). AvaTrade's own account-types, fees, and promotions pages were unreachable (404/blocked) on every attempt in this pass — bonus terms in particular rest on three mutually-conflicting secondary sources and should be re-verified directly before being quoted to a user as fact.