Ava FX is an award winning online broker. It won the prestigious 2010 World Finance Foreign Exchange Awards. It seems that this award was granted to the site for a good reason. The site is definitely one of the best in the industry. With a solid platform, a variety of resources and great bonuses and promotion, Ava FX is a great option for any online trader.
Platform and Features
AvaTrader, the site’s platform is top of the line. It is easy to use and adjustable, so that every trader can adapt it to his own taste and needs. Its’ main page gives the trader a one page trading option, by presenting all required information for trading. The easy to use workspace also allows traders to trade with only one click.
The site also offers a free, $100,000 practice account, for new comers, or others, who enjoy trading without the pressure of real money trade. The platform supplies its traders with full streaming rates, professional charts, technical analysis, economic calendar and analysis and more.
The more sophisticated traders can use the MetaTrader 4, which offers more powerful technical analysis, charting and modeling tools.
Ava Auto Trader, a Forex Auto Trading Platform allows users to trade strategies instead of currency pairs. That way they can automatically trade with strategies that have proven profitable in the past.
The minimum deposit for starting your business with Ava FX is $100.
Bonus and promotions
Ava Fx offers great bonuses for first time deposits. You can get up to $1,200 in free cash bonus that is added to your account. Of course, for that you will have to open a Platinum account, and deposit $10,000. But even traders that open the simplest – Silver account may earn as much as $75 when they deposit a minimum of $300. If you open a Gold account, which requires a minimum of $1,000 you may receive from $150-$1,000.
In addition, existing traders can get a bonus by referring new customers to the site. The size of the bonus depends on the amount deposited in the new customers’ accounts.
As in most online brokers spreads vary according to currency pairs. You could pay 3 pips for transactions involving EUR/USD or USD/JPY, to 4 pips for USD/CHF, GBP/USD, EUR/JPY etc, to 75 pips for the less common pairs like EUR/HUF. In any way, if you are trading large volumes we strongly recommend negotiating the terms, as they are always negotiable.
Deposits can be made using all major credit cards, wire transfers, Paypal, Netteler, WebMoney, MoneyBookers and more.
Customer support is offered in English, French, German, Dutch, Spanish, Arabic, Chinese and Japanese. Support is offered on a 24 hour basis, Sunday to Friday night through phone, fax, and live chat.
The information provided in this article is relevant to the time of writing, is based on information provided by the online broker and may be subject to changes made by the online broker at any given time. Any person reading this article is advised to double check the information before making any decision based on it.