AVAFX Forex Review

Name of the Company AVAFX
Established In 2006
Online since 2006
International Offices Dublin, Hyderabad
Payment Methods Credit cards, Wire Tansfer, PayPal, Moneybookers, Neteller, Debit Cards, WebMoney.
Demo Account and Platforms
Account currencies Euro and US Dollars
Different Currency Pairs 23 different currency pairs
Regulated or Registered By Central bank of Ireland, MiFID, ASiC
Are US Traders Allowed? No
Any Bonus? (detailed) There is no deposit bonus, Bonus is there for the first deposit and the bonus is available on the volume of the transaction made. There are other bonuses as well.
Languages in which website is available French, English, Italian, German, Arabic, Spanish, Russian, Portuguese, Turkish, Swedish, Chinese, Greek and Japanese
Languages in which support is available French, English, Italian, German, Arabic, Spanish, Russian, Portuguese, Turkish, Swedish, Chinese, Greek and Japanese
Different Support Methods Live Chats, Phone Calls, Email,
Types of Account (micro standard executive islamic) Mini Account, VIP Account, Segregated Account, Managed Account, Institutional Account, Demo Account, Islamic Account, Silver, Gold, Platinum Accounts.
Minimum Deposit in Accounts $100
Minimum position size
Type of Spread
Typical spread on EUR/USD, pips
Minimum spread on EUR/USD, pips
Is Scalping Allowed Yes
Is Use of Expert Advisor Allowed
Types of Trading instruments (GOLD; CFD, etc. and the leverage) Metals, Oils, Gold, Indices, Stocks, Commodities, ETFs, CFDs. Leverage is 400:1.
Real Trading platforms MetaTrader 4, ActForex, AutoTrader, Currensee, AVA Mobile Trader.
Any Bonus offers Yes
Is Trading by telephone Allowed Yes
Any Segregated accounts Yes
Do they have Managed accounts Yes
Islamic accounts available Yes
 Is  Hedging Allowed Yes
Do they have Trailing stop Yes
Is One-click trading option Available Yes
Mobile trading Allowed Yes
Browser-based platform Present Yes

avafxAVAFX Forex was established and started online trading service in the year 2006 and is considered an online trading platform which works with integrity. They are considered to be the biggest dealer in the entire Europe. They offer multiple markets to their customers handling both large as well as small accounts. The company is well regulated by FSC in U.K and allows trading in CFDs, stocks and indices along with forex. They have an in house trading platform along with many others and are called AVA Trader. This trading platform is multi-purpose and has the facility in which the traders can modulate it as per their trading needs as well as preferences. They have FX Insight as one of the feature which is linked to forex news and is also updated regularly. Forex market analysis and real time charts are some of the features offered by the company to their clients. They have their offices in Dublin and Hyderabad and are regulated by Central Bank of Ireland, MiFID and ASiC. They allow you to have Euro and USD as the account currencies and offers 23 currency pairs to trade in which includes all the major pairs.
They offer different types of accounts and also a demo account. The trading platforms are many and also include Meta Trader4. The minimum deposit required to open an account with them is $100. They allow trading in oils, metals, stocks, indices, commodities, ETFs, oils and gold along with forex and the maximum leverage offered is 1:400. They have the facility of putting the order using a telephone. They allow scalping and hedging. The facility of one click trading makes the trade fast. Mobile trading and browser based trading options are also available to the traders. They also have Islamic accounts for their Muslim customers who follow Islamic laws on trading.
If you are looking for a forex broker then it is advised that you go through their reviews posted online by the users. AVAFX is one of the best brokers in the forex market and the reviews also support the fact. The feature that is liked by most of the traders is that the company is well regulated both in the European as well as Australian market. Low spread on the trade allows the trader to make money easily and is loved by many traders. They offer trading in the various platforms that they offer along with Meta Trader and is liked by many traders as it helps them know the various features of the platform easily. Most of the traders who like technical trading love the fact that they offer technical indicators as well as professional charts to their customers in a 256 bit encryption. Limited number of account currencies allowed is mentioned as some of the cons. Also the high spread of 3 pips on USD/EUR pair is mentioned as one of the cons. However, the overall review is very positive and the average rating given to the company by its various users is 5.5 out of 10.

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