#AVATRADE MT4 FOR MAC TRIAL#
However, potential clients may contact customer support to extend the trial or open a new demo account. AvaTrade Demo AccountĪ demo account is available but restricted to 21 days, which is a little on the short side. Leverage depends on the regulatory jurisdiction of the AvaTrade subsidiary, ranging between 1:30 to 1:400 for retail traders. The minimum deposit is an acceptable $100, and the trading conditions warrant it.
#AVATRADE MT4 FOR MAC PROFESSIONAL#
An option to qualify for a professional account exists, but the requirements remain high, per regulatory stipulations, and most will not achieve this status. I like that AvaTrade offers the same trading account to all traders. Right-click on the desired symbol in the Market Watch window and select Specification.Ģ. I recommend the following step for MT4/MT5 traders to access trading hours:ġ. Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. Traders through the British Virgin Islands, South Africa, and professional clients qualify for maximum leverage up to 1:400. Most retail traders get a maximum of 1:30, in line with ESMA restrictions. The leverage at AvaTrade depends on the regulatory jurisdictions. Asset List and Leverage OverviewĬommodities Metals: Indices CFDs Oil Gold ETFs AvaTrade Leverage I like the asset selection as it remains a well-balanced choice of trading instruments, suitable for all traders. Equity traders get 614 assets and 58 ETFs, while 44 options and two bond CFDs complete the asset list. What Can I TradeĪvaTrade has 55 currency pairs, 16 cryptocurrency pairs, 27 commodities, and 31 index CFDs. After twelve months of inactivity, an administration fee of $100 applies. I also want to point out the recurring inactivity fee of $50 after three months of dormancy, faster than most brokers but not an issue for active traders. Traders must consider if the product and services portfolio at AvaTrade warrants higher trading costs, which remains an individual decision. Index and commodity traders get the best offer, as trading costs here rank among the best industry wide.ĪvaTrade Forex spreads remain relatively higher compared to fully commission-based brokers. Some equity traders may achieve a competitive pricing environment on select assets, dependent on trading volume and duration.
The EUR/USD starts with 0.9 pips or $9 per 1.0 standard lot.Įquity traders pay a minimum spread of 0.13%, also commission-free. While most beginner traders will find each regulatory environment equally satisfactory, the British Virgin Islands or South Africa may be the best suited for committed, active traders requiring higher maximum leverage.Ĭommissions/Spreads Spread Withdrawal options ĪvaTrade offers traders a commission-free pricing environment, but it comes with higher spreads. Since most international traders have choices, I recommend selecting the one, if possible, that is best suited to achieve your trading goals. I want to note that the trading environments offered by these seven jurisdictions are significantly different, as the relevant regulators have varying degrees of restrictions. Select jurisdictions also maintain an investor compensation fund. AvaTrade segregates client deposits from corporate funds and offers negative balance protection. The regulatory environment at AvaTrade is outstanding and one of the most trusted industry wide.
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