Ava Forex Broker Review

Account Types	Silver: min 100 USD, Gold: min 1,000 USD, Platinum: min 10,000 USD, VIP: min 100,000 USD
Regulated By	FSA (Japan), MiFID, CBI
Leverage	200:1 IN Avatrader and 400:1 in MT4 25:1 (Ava Trade Japan)
Mobile Trading	No
Hedging Facilities	No
FIFO Rules	None
Scalping allowed	Yes
Swap free accounts	Yes
PAMM	Yes
Payment Methods	Credit Card, PayPal, MoneyBookers, Neteller, Wire
Demo Size	100,000 USD
Demo Duration	21 days
Platforms	Avatrader, MetaTrader 4, Mirror Trader, Ava Mobile Trading

Ava Group is an international investment firm that owns Ava Capital Markets Ltd, a retail forex arm of the parent company Ava Group. The headquarters of the company is in Ireland, and is regulated by ASIC and the Irish authorities in conformity with MiFiD, the EU’s investment regulations with reference number C53877. The holding firm has its headquarters in the British Virgin Island and AvaFX is a young subsidiary that was formed in 2006.

The main trading platform that AvaFX uses, is tagged the AvaTrader and it gives clients the opportunity to participate in the market swiftly, employing the overly popular MetaTrader 4 platform. Traders can also get on the web based trading platform which is termed the AvaJava. Customers with real/live accounts on AvaFX can trade under Silver account (that has a minimum deposit of $100), while others can opt to trade on Gold account with a minimum of $1,000, while a couple more can decide on trading on Platinum accounts (where the minimum deposit is $10,000). Traders can try off their hands on AvaFx demo account, which provides the same features as seen on Ava’s live trading platform.

You’ll find a whole lot of advantages that is a resultant of being an AvaFX customer; the most exciting of them all is the unique auto-trading tools that are offered to clients as a component of the basic AvaFX trading platform. AvaFX offers three options in in a bid to make this possible: the AvaAutoTrader, which is seen as a leading solution for automated trading, ZuluTrader, is the second option and it provides tailored-made strategies for investors, it does also offer algorithmic solutions via AvaAutoTrader (this is usually done by big financial corporations and hedge funds in the currency market). As a matter of fact, there is another option that requires the trader design his trading system, via the usual API trading option.

However, leverage can be set to 400:1, but be rest assured that higher leverage means more risk. In addition to this, deposits on AvaFX can be done via NeTeller, Moneybookers, PayPal, and WebMoney. Customers on AvaFX can visibly request for the Ava Debit Card, which would help customers withdraw funds without the lengthy paper work and delay usually experienced during bank transfer.

Traders at AvaFX are aware that it is a subsidiary of a parent company that has a market capitalization of about $17 billion. This is not an everyday feat in the forex market, and portrays the company to be reliable and at the same time credible.

Advantages of AvaFx Forex Broker

1. AvaFX’s parent company is rated A+ by S&P.

2. You’ll find an amazing automated trading feature on AvaFX forex broker.

3. Traders would find the customized MetaTrader 4 trading platform very helpful.

4. Islamic banking is available on AvaFX forex broker.

Disadvantages of AvaFx Forex Broker

1. You won’t find support for Meta trader 4 software.

Conclusion

In a north shell, AvaFX owns a professional support team that is fluent in a lot of languages, and they are available on Ava’s helpline round-the-clock, in a bid to help clients and visitors as well resolve issues they may encounter.

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