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AvaTrade Sign Up Bonus

AvaTrade Sign Up Bonus

 

Yes, Avatrade does offer a sign-up bonus, A minimum of $200 has to be deposited to earn a deposit bonus of $40. The welcome bonus is available for a limited time.

 

The table below lists some of the common deposit amounts and their bonuses:

💳Deposit amount💰Bonus
200 USD40 USD/620 ZAR
300 USD60 USD/930 ZAR
500 USD100 USD/1549 ZAR
1000 USD200 USD/3099 ZAR

 

Overall Rating

4.8/5

Rated #1 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

ASIC, FSA, CBI, BVI,FSCA,FRSA,CYCES, ISA, JFSA

📱 Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

📈 Total Pairs

55+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

A minimum deposit of 1,000 is required to qualify for the bonus in any of the following base currencies:

💸 USD
💸 EUR
💸 AUD
💸 GBP

 

👉  The maximum bonus amount is US Dollar 10,000 (or currency equivalent) for deposits of up to US Dollar 100,000. Should traders wish to deposit more than this amount, and they would like to find out about the bonus amount, their account manager will have to be consulted.

 

👉  Thus, the bonus amount with first-time sign-up will depend on the amount deposited and traders can make use of the calculator provided on the website to calculate the bonus amount they will receive.

 

👉  A welcome bonus, or deposit bonus, is the best way for companies to attract new clients and AvaTrade utilizes this by offering a flexible bonus amount.

 

A Quick Overview of our AvaTrade Sign Up Bonus Review:

 

AvaTrade Referral Bonus

Avatrade-refer-a-friend

AvaTrade additionally offers traders a certain amount of commission when they refer a friend to register a real account. This referral bonus is only paid to the trader after the following requirements have been met:


1️⃣ After the referred person has registered a real account.
2️⃣ After the minimum deposit of $500 or currency equivalent has been made to fund the trading account.
3️⃣ After the referred person has opened a minimum of 10 trades on their new trading account.

 

The referral bonus, or commission, that the trader receives in return will be determined by the first deposit amount that the referred person makes, and it can be broken down as follows:

  • US Dollar 500 – US Dollar 2,000 – US Dollar 50
  • US Dollar 2,001 – US Dollar 5,000 – US Dollar 100
  • US Dollar 5,001 – US Dollar 10,000 – US Dollar 150
  • US Dollar 10,001 – US Dollar 20,000 – US Dollar 200
  • US Dollar 20,001 and more – US Dollar 250

 

avatrade referral bonus

 

AvaTrade Additional Bonuses, Promotions, and Rewards

👉  AvaTrade does not offer any additional rewards and although provision is not made for either a broker bonus or a trading bonus, they have trading conditions that are reasonable when compared to other brokers.

 

👉  When compared to other brokers who offer no deposit bonus whatsoever, AvaTrade has developed a way to make their offering all the more attractive by allowing traders to make cashback when referring friends to register for a real account.

 

👉  Although traders who open a demo account will not be eligible for these bonuses, it may encourage them to register for a real account to be able to benefit from first-time sign-up.

 

👉  AvaTrade does not offer loyal customers cash backs or other trading bonus schemes which may ensure the steady use of trading accounts and encourage trades in higher volumes, and this may deter traders from using the trading account beyond the initial deposit.

 

Overall Rating

4.8/5

Rated #1 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

ASIC, FSA, CBI, BVI,FSCA,FRSA,CYCES, ISA, JFSA

📱 Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

📈 Total Pairs

55+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

👉  This can however be offset by the trading conditions that AvaTrade offers in comparison to other brokers when comparing both trading and non-trading fees.

 

AvaTrade at a glance

BrokerAvatrade
🕖 Time to open an account1 day
🚀BonusOpen a trading account in 1 minute
and receive up to $ 10.000 Bonus.
🥇Publicly Traded (ListedNo
🗺️ Country of regulationIreland, Australia, Japan, South Africa,
Abu Dhabi, British Virgin Islands, European Union, Polish Branch.
🔥Trust Score97%
🔥Live support24/5
📱 MetaTrader 4 (MT4)Yes
📱 MetaTrader 5 (MT5)Yes
📊Trading Islamic AccountYes, available
📊CFDs - Total Offered681
📊CFD Stock IndicesYes
📊CFD CommoditiesYes
📊CFD BondsYes
📈Tier-1 Licenses3
📈Tier-2 Licenses3
📈Tier-3 Licenses3
💳 Deposit with credit cardYes
💳 Demo Trading AccountYes
💱 Number of base currencies supported5
💰Spreads0,9 pips
💰Leverage 400:1
💰Currency Pairs (Total Forex pairs)60
💰 Withdrawal fee amountZero
💰 Trading fees classVery Low
💰 Minimum deposit$100
💰 Inactivity fee chargedYes
👛 Depositing with electronic walletYes
🎮 Demo account providedYes
✔️Apple iOS AppYes
✔️Android AppYes
📅 Year of Foundation2006
🔢 Number of Employees 300+
🔢 Number of clients~300k
📙 Website LanguagesArabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish.
💵 Account currencies AUD, JPY, GBP, USD, EUR, CHF
✔️ ScalpingMillisecond trading
🗺️ HedgingOpen Buy & Sell positions simultaneously
🥇 Trading InstrumentsForex pairs, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options and ETFs.
📙 EducationSharp Trader, Videos, Articles, Webinars, eBook.
💰 Fees and CommissionsForex/CFD overnight interest, No margin interests, No commissions (unless stated otherwise)
📈 Trading PlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, ZuluTrade, WebTrader
📈 Mobile tradingAvaTradeGO (only with MT4), MetaTrader 4, MetaTrader 5, AvaProtect
📈 Automated TradingMQL5 Signal Service, API Trading, DupliTrade, ZuluTrade

 

AvaTrade Pros and Cons

✔️ Pros❌ Cons
Deposit bonus offered Minimum US Dollar 1,000 deposit required to qualify for the bonus
Referral bonus offeredNo rewards for loyal customers
Low minimum deposit requiredNo trading bonus
Two account types offered with the option of an Islamic/Swap-Free accountNo broker bonus
Strict requirements to qualify for bonuses

 

AvaTrade Customer Reviews

 

Avatrade trustpilot review

 

The best trading app so far

Am George from Ghana, I just sign up this trading app and this is the best trading app so far , Vincent Krupkin send me free mentor class to participate to become a good trader ,I encourage you to start trading with Ava trade

Customer reviews Five stars

Well spoke to one of the brokers and I…

Well spoke to one of the brokers and I was really impressed with patients and attentiveness he showed so looking forward to start trading

Customer reviews Five stars

So far so good

So far so good. Easy account verification process, setup and assistance. Overall happy with AvaTrade.

Customer reviews Five stars

 

You might also like: AvaTrade Minimum Deposit

You might also like: AvaTrade Demo Account

You might also like: AvaTrade Fees and Spreads

You might also like: AvaTrade Account types

You might also like: AvaTrade Islamic Account

 

Conclusion

👉  AvaTrade’s offering is comprehensive and attractive overall, but particularly with regards to the rewards associated with first-time sign up along with referrals.

 

👉  Although the terms and conditions with regards to qualifying for rewards are strict and traders need to read and understand the terms and conditions, it is to ensure that management thereof is efficient.

 

👉  A lot of brokers do not offer this to their first-time clients, and it is definitely an added benefit and encourages more traders to register and make use of AvaTrade’s services.

 

Frequently Asked Questions

 

Does AvaTrade have a Partner/ Affiliate/ program?

yes, Avatrade does offer an affiliate program.

 

Can you withdraw an AvaTrade trading bonus?

yes, you will be able to withdraw a trading bonus

 

Will I receive a bonus if I refer a friend or family to AvaTrade?

Yes, only after the referred person has registered a real account, made a deposit of $500 or currency equivalent has been made to fund the trading account, Opened a minimum of 10 trades on their new trading account.

 

Does AvaTrade have a loyalty program for traders?

No, Avatrade does not offer a loyalty program

 

Does AvaTrade offer any additional bonuses?

No, AvaTrade does not offer any other bonuses or promotions such as a broker bonus or a trading bonus that rewards loyal customers.

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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