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AvaTrade accounts: which entity holds your money
The account you open decides which legal entity and which regulator stand behind it. Here are AvaTrade's accounts with that in mind.
Regulation: Central Bank of Ireland (C53877); ASIC (406684); BVI FSC (SIBA/L/13/1049); FSCA (45984); Japan FSA (1662); FFAJ (1574); ADGM FSRA (190018); CySEC (347/17); CMA Kenya (262); Israel Securities Authority. How AvaTrade is regulated
Facts last checked . Read the full AvaTrade review.
Accounts
- Minimum deposit
- $100
- Account types
- Retail, Professional, Options, Spread Betting, Islamic, Demo
- Account currencies
- USD, EUR, GBP, AUD
- Islamic account
- Yes
- Demo account
- Yes, unlimited
- Professional account
- Yes
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
What this means
AvaTrade runs 6 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, GBP, AUD. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about AvaTrade accounts
Which base currencies does AvaTrade support?
AvaTrade accounts can be held in USD, EUR, GBP, AUD. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.
What is the minimum deposit at AvaTrade?
The minimum deposit at AvaTrade is $100. It can differ by account type and by the entity you register with.
What account types does AvaTrade offer?
AvaTrade offers 6 account types: Retail, Professional, Options, Spread Betting, Islamic, Demo.
Accounts at brokers under the same regulator
- Plus500 accounts also licensed by ASIC
- Exness accounts also licensed by FSC (BVI)
- easyMarkets accounts also licensed by ASIC
- Admirals accounts also licensed by ASIC
- FP Markets accounts also licensed by ASIC