AvaTrade – Fees and Spreads

AvaTrade – Fees and Spreads

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AvaTrade - Fees & Spreads

 

 

Our Avatrade Fees and Spreads Revealed:

 

Fees and Spreads

The spread list that AvaTrade charges start from 0.9 pips on EUR/USD.

 

AvaTrade charges a fixed spread list that varies between different financial instruments. The typical spreads that traders can expect when trading with AvaTrade are as follows:

 

  • Halal Gold and Silver Trading
  • Halal and Oil Trading on the MetaTrader 4 trading platform
  • Halal Indices Trading
  • Islamic Forex Trading

 

AvaTrade does not charge commissions because the broker fees are already worked into the spread.

 

Additional Trading Fees

Overnight fees, also known as swap fees or rollovers, are either credited or debited depending on the financial instrument being held and whether the trader is holding a long or short position. Each instrument offered by AvaTrade has its own swap fees.

 

However, traders can expect some of the following typical overnight fees:

  • EUR/USD – Sell rate of -0.0031% and Buy rate of -0.0064%
  • GBP/USD – Sell rate of 0.0047% and Buy rate of -0.0049%
  • USD/JPY – Sell rate of 0.0054% and Buy rate of -0.0039%
  • USD/ZAR – Sell rate of 0.0056% and Buy rate of -0.0186%

 

AvaTrade offers Muslim traders the option of converting their retail account into that of an Islamic account, exempting them from interests derived from trading activities. The Islamic account reflects the features of the retail account and offers Muslim traders the following:

 

  • Halal Gold and Silver Trading
  • Halal and Oil Trading on the MetaTrader 4 trading platform
  • Halal Indices Trading
  • Islamic Forex Trading

 

AvaTrade is not a spread betting broker which means that spread betting fees are not charged.

 

Broker Fees

Broker fees relate to any non-trading fees that are charged by the broker to make up for services rendered. AvaTrade does not charge any deposit fees or withdrawal fees and there are no inactivity or account management and maintenance fees indicated.

 

Pros and Cons

PROS CONS
Competitive fees charged Only one account type is offered
Commissions are not charged on trades Variable spread accounts are not provided
Transparent fee schedules provided
Islamic Account option offered
Social trading opportunities are offered

 

You might also like: Avatrade Account Types

You might also like: Avatrade Demo Account

You might also like: Avatrade Islamic Account Overview

You might also like: Avatrade Minimum Deposit

 

 

FAQ

How many instruments can I trade with AvaTrade?

You can trade any of the following instruments:

  • Forex
  • Vanilla Options
  • Commodities
  • ETFs
  • Stocks
  • Indices
  • Bonds
  • Treasuries
  • Commodities
  • Cryptocurrencies

 

Which platforms are supported by AvaTrade?

AvaTrade offers the use of the following trading platforms:

  • AvaTradeGO
  • AvaOptions
  • MetaTrader 4
  • MetaTrader 5
  • DupliTrade
  • ZuluTrade
  • AvaSocial

 

Does AvaTrade offer leverage?

Yes, AvaTrade offers leverage up to a maximum of 1:400. Leverage will depend on the trading account, financial instrument, and the region in which the trader resides.

 

What spreads can I expect with AvaTrade?

AvaTrade offers spreads that start from 0.9 pips EUR/USD.

 

Does AvaTrade charge commission?

No, AvaTrade offers commission-free trading because the broker’s fee is already included in the fixed spreads that are charged.

 

Are there additional charges on the Islamic account?

No, there are no additional charges indicated on the Islamic Account.

 

Is AvaTrade regulated and by whom?

Yes, AvaTrade is well-regulated by CBI, BVI FSC, ASIC, FSCA, FSA, FFAJ, ADGM FRSA, ISA, CySEC, IIROC, JFSA to offer trading services, products, and solutions to traders from around the world.

 

Is AvaTrade a recommended forex trading broker for experts and beginners?

Yes, AvaTrade is a recommended forex trading broker for all types of traders.

 

What is the overall rating out of 10 for AvaTrade?

9/10.