In this environment, it can be easy to find a good Forex broker, but with so many outstanding choices, one might think it hard to decide which of all these excellent choices is the best. Not so with AvaTrade – and in this AvaTrade Review we’ll show you why it is the best Forex broker in the world.
1. Award-winning trading platforms
Arguably one of the most essential components of a leading broker is its selection of trading platforms, which is the software required in order to execute your trades quickly and efficiently.
For this reason, many Forex brokers focus on offering a broad selection of good platforms. AvaTrade, however, has taken it a step further by providing award-winning proprietary trading software.
The AvaTradeGO app has been awarded the best in its category globally. Step-by-step instructions for opening trades, feedback on an activity, and assistance if needed are provided by the app.
There are several accounts that can be managed by traders to gather all the data they need to make informed decisions about trading.
Added to this, AvaTrade provides customers with access to a wealth of other innovative trading platforms, both manual and automated, including MetaTrader 4/MetaTrader 5, WebTrader, AvaTradeGO, AvaSocial and ZuluTrade DupliTrade.
2. Extensive regulation and extensive security
AvaTrade is a regulated broker in the EU, Japan, Australia, South Africa, UAE, and the British Virgin Island. So the broker must adhere to strict regulations on the handling of customer cash, security and reporting.
When you trade with AvaTrade, you can rest assured that you are dealing with a reputable broker in an official regulated environment.
3. An advanced trading environment
As one of the first Forex brokers to offer CFDs, AvaTrade was one of the pioneers in the industry. In addition, the broker pioneered the introduction of digital currency trading, allowing individual investors to participate in the lucrative markets for both Litecoin and Bitcoin.
Using the broker’s award-winning AvaTradeGO app and WebTrader, AvaTrade now offers a revolutionary software option called AvaProtect, which exclusively safeguards your transactions against losses in the market.
4. Comprehensive customer support
To better serve its clients, AvaTrade’s customer care representatives are available around the clock, seven days a week, in 14 different languages. As a result of this service, traders are able to confidently enter the various financial marketplaces.
Added to this, you will be allocated a dedicated Account Manager to assist you with your initial trades, teach you how to utilize AvaTrade’s trading platforms and provide updates on market conditions for those who deposit $1000 or more.
5. Excellent pricing and fast execution
As a ‘Market Maker,’ AvaTrade has its own dealing desk in-house. There are numerous advantages to this. Spreads can be kept as low as possible and fixed since market makers give pricing relative to the cost of those positions on the interbank Forex market.
This also allows the broker to place its execution servers close to the market trading centres because it only has to deal with one source for pricing and executions. Using this colocation, latency is reduced, and fast execution is made possible by lower latency.