December 1, 2020
Business

The Advantages and Disadvantages of Trading with AvaTrade

The online broker based in Dublin has over a decade of experience in the industry. We are talking about AvaTrade today. So, the company works with over 200 000 customers from European counties, Japan, Australia, the British Virgin Islands, and South African counties.

The advantages of choosing this broker

Firstly, AvaTrade is a licensed broker. This means the company follows the security guidelines and other laws from the regulatory bodies in the corresponding regions. It also uses 256-bit SSL encryption and McAfee Secure.

What’s more, each AvaTrade review usually mentions the excellent customer support. The award-winning services bring useful information and efficient help in no time.

AvaTrade’s disadvantages

Some people find two types of accounts confusing. Yet, it’s very simple. A demo version is free. It lets a user trade with virtual money to see how the system works. The real account starts working as soon as a person deposits $100 and adds some personal information.

On the other hand, advanced traders usually expect accounts selection based on the trading volumes. They also expect more promotions and special loyalty deals.

All in all, AvaTrade is a decent choice. It offers simple trading, education materials, and helpful customer support.