AvaTrade investment offerings: Explore Diverse Trading Opportunities
Delve into the diverse AvaTrade investment offerings, which cater to a broad spectrum of traders. The range of markets accessible through AvaTrade will vary based on your chosen trading platform and the specific global entity holding your account.
AvaTrade provides an impressive 1,260 symbols on MT5 and a comparable number on WebTrader. While some symbols are currently on hold, the breadth of options remains substantial for those exploring AvaTrade investment offerings.
AvaTrade Asset Classes and Trading Products
AvaTrade’s investment offerings encompass a wide array of AvaTrade asset classes and trading products. This allows traders to diversify their portfolios and engage with various financial instruments.
Here’s a summary of the different investment products available to AvaTrade clients:
- Forex Trading (Spot or CFDs): Yes
- Tradeable Symbols (Total): 1260
- Forex Pairs (Total): 55
- U.S. Stock Trading (Non CFD): No
- Int’l Stock Trading (Non CFD): No
- Social Trading / Copy Trading: Yes
- Cryptocurrency (Physical): No
- Cryptocurrency (CFD): Yes
Please note: Crypto CFDs are not available to retail traders from any broker’s U.K. entity, nor to U.K. residents (except to Professional clients).
AvaTrade CFD Trading and Cryptocurrency CFDs
A significant part of the AvaTrade investment offerings is its robust AvaTrade CFD trading options. This includes access to various markets without owning the underlying asset.
Specifically, AvaTrade cryptocurrency CFDs are available, allowing you to speculate on the price movements of popular digital currencies. However, it’s important to remember that direct ownership of the underlying cryptocurrency (e.g., buying Bitcoin) is not offered. This showcases the flexibility within AvaTrade investment offerings.
AvaTrade Spreads and Account Features
Understanding AvaTrade spreads and associated costs is crucial for traders. AvaTrade maintains competitive spreads, generally close to the industry average.
The average spread for EUR/USD on a standard account is around 0.9 pips. For professional traders, AvaTrade offers even more competitive spreads of 0.6 pips on its Professional account, which is comparable to other leading brokers.
Key features related to commissions and fees:
- Minimum Initial Deposit: $100
- Average Spread EUR/USD – Standard: 0.91 (Aug 2020)
- All-in Cost EUR/USD – Active: 0.61 (Aug 2020)
- Active Trader or VIP Discounts: Yes
- Execution: Agency Broker: No
- Execution: Market Maker: Yes
Mobile Trading Apps and Platforms
AvaTrade provides a comprehensive suite of mobile trading apps designed to satisfy both novice and experienced traders. While not as advanced as some industry leaders, AvaTrade consistently improves its mobile offerings.
The AvaTrade investment offerings extend to a variety of platforms, including their proprietary apps, AvaTradeGO and AvaOptions, as well as the full MetaTrader suite (MT4 and MT5) for both Android and iOS devices.
AvaTradeGO App Features
The AvaTradeGO app mirrors its web counterpart, offering a user-friendly experience. It includes robust default syncing watchlists and a unique volatility protection feature called AvaProtect, which allows traders to reduce risk on open positions for an additional cost.
Charting in AvaTradeGO provides 93 indicators, though accessing them can require multiple steps. While drawing tools are absent and only three chart types are available, the integration of Trading Central research enhances its utility. Overall, the mobile charts are good but have room for enhancement.
AvaOptions App
The AvaOptions app is well-designed, featuring an innovative approach to displaying option-chain data. Traders can intuitively adjust strike prices by dragging them directly on the chart. The app also offers 14 default options-trading strategies, automatically populating order tickets with related contracts.
One minor inconvenience is the app’s landscape-only display. Despite this, AvaOptions significantly enhances the AvaTrade investment offerings for those interested in options trading.
Key mobile app features:
- Android App: Yes
- Apple iOS App: Yes
- Mobile Alerts – Basic Fields: Yes
- Watchlists – Total Fields: 6
- Watchlist Syncing: Yes
- Charting – Indicators / Studies (Total): 90
- Charting – Drawing Tools (Total): 13
- Mobile Charting – Draw Trendlines: Yes
- Charting – Multiple Time Frames: No
- Forex Calendar: Yes
Conclusion
The AvaTrade investment offerings provide a broad and accessible platform for traders globally. With a wide range of AvaTrade asset classes, robust AvaTrade CFD trading options, and competitive AvaTrade spreads, it caters to various trading styles and preferences.
While direct cryptocurrency ownership is not available, the inclusion of AvaTrade cryptocurrency CFDs allows for exposure to this volatile market. The continuous improvements in their mobile applications further solidify AvaTrade’s position as a comprehensive broker, making its investment offerings a worthwhile consideration for traders.
