AVA Trade Platform Review

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This is my main trading platform for all cryptos and forex pairs. It runs on the Metatrader platform, has very competitive spreads (FX equivalent of commissions), great liquidity (so you get your orders filled at the price you want), and I’ve never had a problem depositing or withdrawing funds.

It is a regulated broker, well established, operating in over 150 countries for the last 10 years. They offer fantastic support and training and a variety of trading platforms, including a web-based option for any time you’re away from your desktop.

You can start with as little as $100, though they have some excellent first deposit bonuses that make it worth your while to start with a larger initial bank… which isn’t a bad idea…

Your Starting Account Size

You don’t want to ever risk more than 2% of your account on any single trade… so if you start with $100 and apply strict money management, you’d only ever risk $2 per trade… Which means your wins would be quite restricted as well… maybe $5-$10 for a successful trade.

Realistically though… even with the best of intentions… most people starting small will end up risking a much larger portion of their bank on every trade… 10, 20 even 50%… which becomes a very hard habit to break later on.

You will do much better if you wait to start until you can make a more substantial deposit of at least $500, preferably even more, and then establish good money/risk management practices right from the start!

Perhaps what I like the most about this platform is their regular technical analysis which often identifies opportunities in currencies I don’t usually follow. Also the Autochartist software that’s included in the package is professional quality softweare not usually available to retail traders, and certainly not for free.

They also offer trading on the 5 main crypto-currencies at very competitive rates and margins. While most brokers are offering Bitcoin these days, very few have all these others, and personally I often to find more opportunities on those.

So even if you prefer to shop around, I encourage you to look AVA Trade over, and use what you see as your benchmark of what a good broker should be offering…

Register An Account With AVA Trade

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