All Share (J203) = 89 713
Rand / Dollar = 18.28
Rand / Pound = 23.65
Rand / Euro = 19.72
Gold (usd/oz) = 3 017.18
Platinum (usd/oz) = 978.72
Brent (usd/barrel) = 73.23
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

AvaTrade Demo Account

AvaTrade Demo Account Review
 

AvaTrade Demo Account is offered. Traders can navigate to the AvaTrade website and select the “Demo Account” option to open a demo account. Trading in a safe environment is great for beginner traders who are new to trading.

 

Min Deposit

USD 100

Regulators

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

Trading Platform

MT4, MT5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

AvaTrade Demo Account a Quick Overview of Our Review:

  1. ☑️AvaTrade at a Glance
  2. ☑️AvaTrade Demo Account Features
  3. ☑️How to set up an AvaTrade Demo Account – Step by Step
  4. ☑️Customer Reviews
  5. ☑️Conclusion
  6. ☑️Frequently Asked Questions

 

AvaTrade at a Glance

CategoryDetails
Company Information
🏷️Company NameAvaTrade
📍Headquarters LocationDublin, Ireland
📅Year Established2006
👤CEO/FounderDáire Ferguson
🌐Global Offices Over 15 offices worldwide,
including Japan,
Australia,
and South Africa
🔖Licensing BodyCentral Bank of Ireland, ASIC,
FSA (Japan),
FSCA (South Africa),
ADGM (UAE)
👥Group CompaniesAva Capital Markets,
AvaTrade EU,
AvaTrade Japan,
AvaTrade Middle East
🏛️Business ModelMarket Maker
🌍Operational LanguagesOver 20 languages, including English,
Spanish,
French,
and Arabic
🏆Awards & RecognitionsBest Broker 2023,
Best Trading App 2022, among others
Regulation and Security
🛡️RegulationCBI,
BVI FSC,
ASIC,
FSCA,
ADGM,
FRSA,
ISA
✔️Compliance StandardsAdheres to MiFID II,
ASIC regulations,
and other regional compliance standards
💼Client Fund Segregation Yes,
client funds are held in segregated accounts
🪫Negative balance protectionYes,
ensuring traders cannot lose more than their account balance
🕵️‍♂️Financial Conduct OversightRegular audits and monitoring by respective regulatory bodies
💰Insurance CoverageProfessional indemnity insurance in line with regulatory requirements
📋AML & KYC PolicyStrict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies
🔒Security of Trading PlatformAdvanced SSL encryption, two-factor authentication (2FA), and secure servers
🛡️Investor Compensation FundMember of investor compensation schemes depending on regional regulations
🖥️Cybersecurity MeasuresRobust firewalls,
regular penetration testing,
and secure backups
Account Types and Features
⚙️Standard Account Yes,
available with competitive features
📊ECN Account No,
AvaTrade does not offer an ECN account
🌙Islamic AccountYes,
swap-free accounts are available for Muslim traders
🎮Demo Account Yes,
a free demo account is available with virtual funds
👑VIP AccountYes,
available for high-net-worth traders with enhanced features
💵Minimum Deposit$100 / R1806
💱Base CurrenciesUSD,
EUR,
GBP,
AUD,
and others depending on the region
⚖️Leverage OptionsUp to 1:400
(varies based on region and asset class)
📈Spreads (Fixed/Variable)Fixed spreads
EUR/USD starts at 0.9 pips
🔄Swap-Free AccountsYes,
available for Islamic accounts
🌐Account Currency ConversionYes,
account currencies can be converted
during setup
🚨Margin Call Level50%
❌Stop-Out Level20%
🔄Hedging Allowed Yes
⚡Scalping AllowedNo,
scalping is not permitted under AvaTrade’s policies
🔁Copy Trading SupportYes,
through integration with ZuluTrade and DupliTrade
👥Social Trading FeaturesYes,
via third-party platforms
💼Managed AccountsNo,
AvaTrade does not offer managed accounts
Trading Conditions
🔍Average SpreadsEUR/USD starts from 0.9 pips (fixed spreads)
💲Commissions per Trade None,
spreads only
🔢Leverage RangeUp to 1:400
🚀Execution SpeedUltra-fast execution
📊Order Execution TypeMarket execution
🔄Slippage PolicyMinimal slippage,
detailed in terms
📏Margin requirementsVaries by asset class
⏹️Stop-Loss and Take-Profit OrdersYes
🔁Trailing StopsYes
🕑Pending OrdersYes
🔽Partial FillsYes
🧾Dividend AdjustmentsYes
🌙Overnight Swap Fees Applicable,
waived for Islamic accounts
📆Rollover PolicyFollows market standards
🛑Guaranteed Stop LossYes,
for specific instruments
Trading Instruments
💹Forex Currency Pairs55+ pairs,
including majors,
minors,
and exotics
🪙Precious Metals (Gold/Silver)Yes
📈IndicesYes
🌾CommoditiesYes,
including soft commodities
⛽Energies
(Oil/Natural Gas)
Yes
₿CryptocurrenciesYes (via platforms and email)
📉StocksYes,
global stocks available
🗂️ETFsYes
🏛️BondsNo
📜Futures Contracts No
🛡️Options ContractsYes
⚖️CFDs
(Contracts for Difference)
Yes
🔣Swap on Trading BoardYes
🔀Leveraged InstrumentsYes,
leverage up to 1:400
🎯Micro-Lot TradingYes
💸Spread BettingYes,
available in some regions
🧺Currency BasketsNo
Deposits and Withdrawals
💳Deposit MethodsCredit/Debit Cards,
Bank Wire Transfer,
E-Wallets
(Skrill, Neteller),
Local Payment Methods
💵Withdrawal MethodsCredit/Debit Cards,
Bank Wire Transfer,
E-Wallets
(Skrill, Neteller)
⏱️Processing Time for DepositsYesInstant for most methods,
1-3 business days for bank transfers
🕒Processing Time for Withdrawals24-48 hours for most methods,
up to 5 business days for bank transfers
🚫Deposit FeesNo
💵Withdrawal FeesNo
🔢Minimum Deposit Amount$100
📉Minimum Withdrawal Amount$100 (may vary by method)
🚪Maximum Withdrawal Limit No specific limit,
subject to account balance
💱Supported CurrenciesUSD,
EUR,
GBP,
AUD,
and more
₿Crypto Deposits & WithdrawalsNot supported
🏦Bank Wire TransfersSupported
💳Credit/Debit CardsSupported
📲E-Wallets
(Skrill, Neteller, etc.)
Supported
🏘️Local Payment MethodsSupported
(varies by region)
Trading Platforms and Tools
💻MetaTrader 4 (MT4) Yes,
fully supported
👩‍💻MetaTrader 5 (MT5)Yes,
available for advanced trading
🖥️Proprietary PlatformYes,
AvaTradeGo and WebTrader
📱Mobile Trading AppYes,
AvaTradeGo offers comprehensive mobile trading
🌐Web-Based PlatformYes,
WebTrader is available
🤖Trading BotsYes,
compatible with EAs (Expert Advisors)
🖧VPS ServicesAvailable upon request
🔌API ConnectivityNo
📉Charting ToolsAdvanced charting tools are available
🧮Custom IndicatorsSupported via MT4/MT5
🧠Market Sentiment Analysis Yes,
integrated into platforms
📩Trading SignalsYes,
via partnerships with Trading Central
🏷️Advanced Order TypesYes,
including stop orders and limit orders
⚠️Risk Management ToolsYes,
includes guaranteed stop-loss and negative balance protection
📅Economic Calendar Yes,
provided within the platform
📰Market News Feed Yes,
updated in real-time
Customer Support
📞Support ChannelsLive Chat,
Email,
Phone,
FAQ/Help Center
🗨️Live Chat Availability24/5
📧Email SupportAvailable
📱Phone SupportAvailable
🌍Multilingual SupportYes,
supports multiple languages
❓Help Center/FAQComprehensive Help Center and FAQs
👨‍💼Dedicated Account ManagerAvailable for premium accounts
⏲️Response Time (Live Chat)Within a few minutes
🕒Response Time (Email)24-48 hours
⭐Support Rating High-rated for responsiveness and efficiency
Educational Resources and Support
🎥Webinars Regular webinars on various trading topics
🏫SeminarsAvailable in selected locations
📖Trading TutorialsComprehensive beginner and advanced tutorials
📊Market Analysis ReportsDaily and weekly market analysis reports
📚E-BooksVarious e-books covering different aspects of trading
🎬Video LibraryExtensive library with video tutorials
📜GlossaryDetailed glossary of trading terms
❔FAQs Frequently Asked Questions section covering general and account-related inquiries
🆕Beginner GuidesStep-by-step beginner guides to help new traders
🚀Advanced Trading StrategiesIn-depth strategies for experienced traders to enhance trading skills
Partnerships and Programs
📋IB ProgramYes
🪪Affiliate program?Commission-based program for affiliates promoting AvaTrade
🏷️White Label SolutionsCustomized solutions for financial institutions and brokers to offer AvaTrade's services under their brand
🎁Partnership Rewards Rewards and bonuses for partners based on performance and business growth
🏛️Institutional SolutionsTailored solutions for financial institutions, including liquidity services
🔌API Partnership AvaTrade offers API access for integrating their trading services into third-party platforms
🤝Referral ProgramIncentives for clients who refer new traders to AvaTrade
Fees & Charges
💳Deposit FeesNo deposit fees for most methods
📤Withdrawal FeesNo withdrawal fees for most methods
💤Inactivity FeeInactivity fee of $50/month after 3 months of no trading activity
🌜Overnight Fees (Swaps)Charges/credits depend on the position,
asset class,
and market conditions
💱Conversion FeesConversion fees apply when depositing or withdrawing in a different currency than the account's base currency
💰Commission on TradesNo commission for standard accounts,
but commissions may apply for certain account types like ECN accounts
Market Research ToolsAvaTrade offers an economic calendar with key financial events and news updates.
📅Economic CalendarAvaTrade offers an economic calendar with key financial events and news updates.
📰Market NewsAvaTrade provides real-time market news from leading financial sources.
📩Trading Signals AvaTrade offers trading signals through third-party providers and on its platform.
🔧Technical Analysis ToolsAvaTrade includes charting tools,
technical indicators,
and analysis features.
💭Sentiment Analysis AvaTrade provides sentiment indicators, showing the market mood and trends.
Additional Features
👥PAMM/MAM Accounts AvaTrade offers PAMM
(Percentage Allocation Management Module) and MAM
(Multi-Account Manager)
accounts for fund managers and clients.
🔗Social Trading PlatformAvaTrade provides a social trading platform allowing users to follow and copy trades of others.
🏆Trading CompetitionsAvaTrade hosts periodic trading competitions with cash prizes and other rewards.
🎁Loyalty RewardsAvaTrade has a loyalty program offering benefits such as bonuses and other perks for active traders.
👑Exclusive VIP PerksAvaTrade offers VIP clients exclusive services like personalized account management and special offers.
Promotions & Bonuses
🎁Welcome Bonus AvaTrade offers a welcome bonus to new clients upon opening and funding their accounts.
💵Deposit Bonus AvaTrade may offer deposit bonuses,
providing additional trading funds on qualifying deposits.
🏅Trading ContestsAvaTrade organizes trading contests,
where participants can win prizes based on their trading performance.
🌟Seasonal PromotionsAvaTrade runs seasonal promotions throughout the year,
offering special deals and bonuses.
🎖️Loyalty ProgramsAvaTrade offers loyalty programs that reward clients for their continued trading activity with perks and bonuses.
User Experience & Reviews
🖥️User Interface QualityAvaTrade’s platform offers a clean and intuitive interface,
designed for both beginner and experienced traders.
🔒Platform StabilityAvaTrade’s platform is known for its stability,
with minimal downtime and robust performance under various market conditions.
📱Mobile App Reviews The mobile app receives positive reviews for its ease of
use,
offering a wide range of features similar to the desktop platform.
⭐Overall User RatingAvaTrade generally holds a solid rating from users,
with many praising its comprehensive offerings and user-friendly interface.
🌟Trustpilot RatingAvaTrade maintains a strong Trustpilot rating,
with many clients expressing satisfaction with their services.
😟Common ComplaintsCommon complaints include slow customer support response times and occasional withdrawal issues.
Mobile
📱Mobile App NameAvaTradeGO
🛠️Developer AvaTrade Ltd.
📅Release Year2019
💻OS CompatibilityiOS, Android
🌐Languages SupportedEnglish,
French,
Spanish,
Italian,
Arabic,
Portuguese,
and others
📈Trading InstrumentsForex,
CFDs,
Commodities,
Stocks,
Indices,
Cryptocurrencies
🔄Real-Time DataYes,
with live market data and updates
🛠️Charting ToolsAdvanced charting tools with technical analysis indicators
📊Order Types SupportedMarket Orders,
Limit Orders,
Stop Orders,
OCO,
Trailing Stop
🚀Order Execution SpeedFast,
near-instant execution on mobile
🔔Custom Alerts Yes,
users can set price alerts and notifications
🤝Beginner-Friendly Yes,
the app is designed with simplicity and ease of use
🔐Security FeaturesTwo-factor authentication (2FA), encryption
🖥️SynchronizationSyncs across all devices (mobile and desktop)
💰Deposit and Withdrawal Yes,
mobile deposits and withdrawals are supported
📝Account Types AccessibleAll account types available,
including demo accounts
🔄Switch AccountsYes,
users can switch between accounts easily
💬In-App SupportLive chat support available within the app
📚Educational Resources Access to tutorials, webinars,
and market analysis
🎯WatchlistYes,
users can create and manage a personalized watchlist
🌙Dark ModeYes,
the app supports dark mode for better visibility
🌐Social TradingYes,
users can engage in social trading within the app
AI Trading Resources
🤖AI IntegrationAvaTrade offers AI-powered trading tools,
integrated into the platform
📊Data Analysis Yes,
AI-driven data analysis for enhanced decision-making
📈Predictive AnalyticsYes,
predictive tools are available to anticipate market trends
🛠️Customizable StrategiesYes,
users can customize their trading strategies using AI tools
📉Risk Management ToolsAdvanced AI tools to assess and manage trading risks
🧑‍🏫Trading InsightsAI-based insights and recommendations for optimal trades
🚀Execution OptimizationAI-driven algorithms that optimize order execution speed
🔄Portfolio RebalancingYes,
AI can assist in portfolio rebalancing based on market changes
📚AI TutorialsAvailable educational resources on how to use AI tools in trading
🎥Video DemonstrationsYes,
video tutorials explaining how to use AI features
🧑‍🤝‍🧑Webinars Yes,
webinars are available to discuss AI trading strategies
🔍AI-Powered Search Yes,
search tools are enhanced with AI to provide more accurate results
🌟Beginner-Friendly Yes,
AI tools are designed to be accessible for beginners
🖥️Platform AvailabilityAvailable on both desktop and mobile platforms
📈Backtesting CapabilityYes,
users can backtest strategies using historical data
🛠️Strategy BuilderYes,
users can build and customize their own AI-driven strategies
🔔Alerts and NotificationsYes,
AI-powered alerts for market events and strategy changes
🔒Data ProtectionStrong encryption and data protection measures in place
👁Transparency Full transparency on how AI algorithms work and make decisions
Social Media Platformst
📘FacebookAvaTrade is active on Facebook,
providing updates,
news,
and promotions.
📷InstagramAvaTrade uses Instagram to share educational content,
market analysis,
and trading tips.
🐦Twitter AvaTrade regularly tweets market insights, promotions, and company news.
💼LinkedIn AvaTrade maintains a professional LinkedIn presence, sharing company updates and industry news.
🎥YouTubeAvaTrade's YouTube channel features tutorials, webinars, market updates, and promotional content.
👉Open Account👉Open Account

 

AvaTrade Demo Account Features

AvaTrade Demo Account Features

 

AvaTrade’s demo account is a platform where the trader is allowed to polish themselves and their own strategies without the associated risks of actual money.

The user is given an opportunity to use 100,000 fake money units in order to experience various markets such as currency, stock, commodity, and bounty markets as well.

The account is designed such that the user’s experiences of trading at any point in time are the same as the real ones.

This allows you to enjoy the sweetness of trading and the struggles that come with it without fear of the risks involved.

Furthermore, there are also enhancements in the shape of more sophisticated charting software, technical analysis inputs, and news enabling one to perfect their trading.

 

How to set up an AvaTrade Demo Account – Step by Step

To register for a Demo Account with AvaTrade, traders can follow these few steps:

 

Step 1 – Open up the Avatrade Website.

Navigate to the AvaTrade website and select the “Demo Account” option.

 

How to set up an AvaTrade Demo Account – Step 1

 

Step 2 – Insert your credentials.

This will redirect the trader to a registration page where the trader can register using their First and Last name, email address, and mobile number.

 

How to set up an AvaTrade Demo Account – Step 2

 

Step 3 – Click on one of the options to proceed.

Once this has been completed, the trader can select to proceed, and registration on the AvaTrade website will have been successful.

 

How to set up an AvaTrade Demo Account – Step

 

Step 4 – Verify and log into your account.

Traders will receive an email to the address that they provided with confirmation that their demo account registration has been successful. The email address will also contain the trader’s login details and relevant links to the AvaTrade website where they can start using their demo account.

 

How to set up an AvaTrade Demo Account – Step 4

Trading is a daunting and intimidating task for beginners without any prior knowledge pertaining to trading. Through the provision of demo accounts, brokers can adequately help these traders in preparing them for trading in a live trading environment.

Demo accounts offer the perfect safe and risk-free environment where beginners can practice their trading and hone their skills before they start trading in a live environment where they make use of actual capital.

A demo account is therefore often referred to as a practice account as it offers traders the ability and the freedom to explore the broker’s offering without running the risk of incurring losses as traders are provided with virtual funds.

Beginner traders can adequately utilize demo accounts to familiarize themselves with a live trading account in addition to building their knowledge, skills, and experience.

Demo accounts are also used by traders to test their trading strategies in a risk-free environment and it allows them to modify, adapt, and improve their strategies before they take them into a live trading environment.

 

Pros and Cons

✔️ Pros❌ Cons
Demo account sign-up fully digitalNone noted
Option to use Facebook or Google credentials to sign up
Quick and hassle-free sign up procedure
Mimics a live account accurately and efficiently
Access to all functions and features as with a live account
Adequate amount of virtual money provided

 

Min Deposit

USD 100

Regulators

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

Trading Platform

MT4, MT5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Customer Reviews

🥇Awesome Broker

AvaTrade offers many assets, including forex, commodities, and cryptocurrencies. The spreads are competitive, but support can be slow. They’re well-regulated and offer solid educational resources. The trust score is high. John Miller reviewed it.

 

🥈Great Choice

AvaTrade provides an excellent selection of asset classes and solid educational materials. The spreads are reasonable, and top-tier authorities regulate them. However, customer service could improve. Reviewed by Sarah Thompson.

 

🥉Good Choice

AvaTrade is well-regulated, with offerings across forex, indices, and stocks. Spreads are competitive, though service quality varies. Educational resources are extensive, but platform issues arise during high traffic. Reviewed by Mohamed Al-Farsi.

Customer Reviews

Conclusion

AvaTrade does offer a demo account. Trading in a safe environment is great for beginner traders who are new to trading. AvaTrade has effective customer support, education opportunities, and product range.

 

You might also like: Avatrade Account Types Overview

You might also like: Avatrade Sign Up Bonus

You might also like: Avatrade Fees and Spreads

You might also like: Avatrade Minimum Deposit

You might also like: Avatrade Review

 

Frequently Asked Questions

 

What is the difference between a demo and a live trading account?

A demo account provides the trader with a practice account that can be used to practice trading in a risk-free environment.

Demo accounts are often suited for beginners who need to build up experience with trading as well as advanced traders who would like to test their trading strategies and explore the offering of a broker before registering a live account.

 

Does AvaTrade offer a demo account?

Yes, AvaTrade does offer a demo account.

 

Can I convert my demo account to a live trading account with AvaTrade?

Yes. just follow the easy steps on the Avatrade website

 

Which live trading accounts does AvaTrade offer?

AvaTrade offers traders either a retail or a professional account. The retail account caters to most traders whereas the professional account has strict requirements that must be met in order for traders to become eligible to register such an account.

 

What are the available deposit currencies for a live trading account?

  • USD
  • EUR
  • GBP
  • ZAR
  • AUD
4.9/5 - (34 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

November 5, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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