Forex trading is one of the most popular online income generating activities today. Many people are spending large chunks of their time online as they try to make money on forex trading platforms. Some platforms are known to give traders an upper hand in making profits than others. One of those top rated forex trading platforms is AvaTrade review. This brokerage firm was created in 2006 in Dublin Ireland. It has since grown to become one of the largest platforms in the world with offices in New York, Tokyo, and Milan. The Central Bank of Ireland oversees the trades of this institution to ensure that it operates within the required rules of forex trading. Various other institutions also regulate its operations in countries where it provides its services.
AvaTrade provides its clients with an opportunity to trade by opening their standard account. This account requires a minimum of $100 to open. On depositing the money into the account, one can freely trade at a leverage of 1:400. Traders are also free to choose whether they want to trade on fixed or variable spreads. Many of their clients have submitted that AvaTrade’s spreads are one of the most competitive among the numerous other online forex trading platforms.
Another feature that makes AvaTrade unique is their numerous types of orders that they allow clients to choose from. Online traders from Ireland and the UK are also eligible to spread betting trading. New clients are also not overlooked by these online brokers. They are offered a demo account that is active for three weeks. From this account, they can slowly learn about forex trading. The client’s funds are also ever safe since AvaTrade puts them in segregated accounts.
One of the newest trends in forex is CFD trading. AvaTrade is one of the pioneering brokers of this lucrative trade. They were also among the initial brokers to enable traders to use Bitcoins from their regular accounts. Their website has a very friendly user interface making navigation from one button to the other very easy. It is also available in multiple languages. Therefore, even those who are not English speaking can freely trade on this platform without having to overcome the language barrier.