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Why is AvaTrade the Best Broker for 2023?

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By , Updated On January 25, 2023

AvaTrade was established in 2006 and is an Irish internet broker. It was one of the first venues where ordinary investors could participate. As a result, the internet trading community has come to trust them over the years.

When it comes to CFDs, AvaTrade is among the best-regulated online brokers. For the convenience of their customers, they provide several asset classes and account options.

Our in-depth AvaTrade review found that more than 3 million traders are placed each month on AvaTrade, and the company has over 300,000 registered traders from across the globe.

AvaTrade is multi-regulated in several countries

AvaTrade has regulatory broker licenses in the European Union, Japan, Australia, South Africa, and the British Virgin Islands. As a result, AvaTrade is subject to strict compliance standards concerning customer money, security, and financial reporting.

AvaTrade provides the best Educational Material

AvaTrade provides continuing education so that you can continue to improve your trading abilities and learn innovative ideas via the use of free videos, articles, e-books, and daily market analysis. 

Furthermore, you can find some of these webinars on AvaTrade’s YouTube channel. These webinars apply to all traders, from novices to experts.

There are several Robust and Innovative Trading Platforms

AvaTrade provides more trading platforms than other brokers, including MT4, MT5, and its platforms, AvaTrade WebTrader and AvaOptions. For example, the base edition of the AvaTrade MT4 platform has 24 graphical elements and 30 built-in indicators. 

Unlike AvaTrade’s proprietary online platform, MT4 allows algorithmic trading and is completely customizable. AvaTrade also offers the upgraded version of MT4, and MT5, which is also accessible. 

The difference between the two systems is that MT4 is a Forex-only platform, while MT5 permits CFD trading on all AvaTrade assets.

 

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AvaTrade has the Best Social Trading Solutions

AvaTrade customers can also download AvaSocial, the broker’s social trading, and copy trading tool. The mobile application, accessible on iOS and Android smartphones, enables users to imitate the transactions of successful investors. 

You can trade manually based on market indications or choose a completely automated service. Additionally, users may communicate with other traders via community channels and ask questions about certain trading techniques, among other things.

You can choose from Several Asset Classes

While our AvaTrade review found the broker’s variety of tradable assets to be comparable to the industry norm, the company additionally provides specialty instruments. In addition, AvaTrade provides a variety of asset types not offered by other brokers. 

These instruments include 55 vanilla options traded solely on AvaTrade’s AvaOptions platform, as well as two bonds, 59 ETFs, and 13 cryptocurrencies, giving traders a diverse portfolio of assets.

Final Verdict on AvaTrade

According to our AvaTrade review, the broker is one of the world’s greatest, biggest, and most respected. In addition, it provides a variety of trading platforms, including the award-winning AvaTradeGO mobile trading app.

Furthermore, AvaTrade also provides a world-class range of trading tools, such as Trading Central, and great analytical and educational areas. 

Finally, if you need help with trading CFDs or cryptocurrencies at any time, you can reach out to AvaTrade’s support team whenever they are available. In addition to a toll-free number, customers can reach support by email, live chat, and a selection of supported languages.