Avatrade is a global forex and CFD broker with a reputation for attentive customer support. The broker has an excellent reputation on third-party websites like Trustpilot, where users gave it a rating of 4.5 out of 5. Customer support is available around the clock via phone, email, and online chat. Explore here
The broker offers a wide range of trading instruments and platforms, which gives traders the flexibility to customize their experience. AvaTrade also offers a number of educational resources to help traders improve their knowledge and skills. These include a glossary of trading terms, The Trader’s Blog, and video lessons. The company also hosts webinars and offers trading ideas to inspire its customers.
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Opening an account with avatrade is quick and easy. The process begins with a short registration form that captures essential information such as name, address, and contact details. The site will then prompt users to submit documents that verify their identity. Those documents may include a driver’s license or passport. Additionally, users will need to submit a proof of address and a W-8 BEN form to avoid double taxation when investing in US securities.
AvaTrade’s accounts are segregated from those of the firm, meaning that in the unlikely event of a bankruptcy, traders’ funds will be safe. The broker also offers negative balance protection and guaranteed stop losses, which further reduces a trader’s exposure to risk. Additionally, a wide variety of instruments can be traded, including cryptocurrencies and commodities.