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Overview

AvaFX was founded in 2006 by Ava Financial Ltd. Company, which is located in the British Virgin Islands. Broker AvaFH has offices in many countries of the world and they are located in major cities such as Tokyo, Milan, New York, Paris, Dublin, Sydney and many others. During the period of operations the broker has repeatedly won the highest awards in the field of Internet trading and it constantly improves its work with customers, offering only the best services on the Forex market.

The annual trade turnover of AvaFX comprises more than fifty billion dollars and it is connected with a lot of forex traders who regularly use the services of a broker for the transactions in the foreign exchange market.

Broker offers all users to pass online learning in its own training center, then to open an account and start working on the Forex market. New traders upon opening of trading accounts on AvaFX receive Forex bonus, which depends on the credited to the account sum.

Bonuses

Broker AvaFH offers new customers the first deposit Forex bonus. The user has to sign up on the site to receive it and to replenish the trading account

Forex bonus is calculated as follows:

- the minimum deposit is from 100 to 300 dollars/euros - 100%

- the minimum deposit is 1000 dollars/euros - 500$/€

- the minimum deposit is 5000 dollars/euros - 1000$/€

- the minimum deposit is 20000 dollars/euros - 2500$/€

- the minimum deposit is 50000 dollars/euros - 5000$/€.

this promotion applies to all accounts, except accounts with floating spread. Each bonus dollar or Euro should be wagered, i.e. a Forex trader has to make a minimum trade turnover of 10,000 dollars/euros to get 1 $/€.

Training

AvaFX enables all users, who want to become Forex traders, to visit the training center, where a large number of teaching materials is available.

Introduction to Foreign Exchange Market is a course that will help new forex traders to learn what Forex is, the basic concepts of the foreign exchange market, who trade on the Forex market, what currency pairs are traded on the market and what types of orders are available for trading on the market.

Advantages of Forex is a course that explains about the operations on the foreign exchange market, rates, foreign exchange quotes and which spreads are made for different currency pairs, what leverage occurs and how to use it efficiently.

Trading Guide is a course, telling briefly what investments should be done on the foreign exchange market and how to calculate profit and loss.

Technical Analysis is a course that familiarizes Forex traders with the types of charts, Forex indicators are and how to use them to best advantage.

Fundamental Analysis is a course that will explain users how to use economic calendar while trading on the foreign exchange market, what Forex economic indicators are used, what are indices and how to calculate the trend of the Forex market on a particular currency pair based of these data.

Glossary is an encyclopedia of all the concepts that are used while trading on the foreign exchange market.

If necessary, new Forex traders can visit the webinars, which allow them to learn quickly the trading on the foreign exchange market with the help of experienced teachers.

Terms of trading

Broker AvaFX offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is 100 dollars

- the leverage is 1:200

- a lot of currency pairs, securities, gold, silver, futures)

- spread is fixed from 2 points

MetaTrader 4

- multi-language support

- Instant Execution order

- MetaQuotes Language 4 (operations with Forex trading advisors)

- quotes export via DDE

- charts printing

MetaTrader 5

- multi-language support

- Instant Execution order

- MetaQuotes Language 5 (operations with complicated and profitable Forex trading advisors)

- quotes export via DDE

- high productivity due to the support of several components-servers

- charts printing.

Forex indicators (recommended)

- Oscilator2

- 4h Vegas Meta Trader4h Chart

- Fibonacci Patterns

- Chart Patterns

- Zero Cross Alert.

Forex expert advisors (recommended)

- Spreader 2 (an automatic trading advisor that makes all the decisions on its own after a competent setup).

- Golden proffit AUTO (a mechanical trading advisor that operates according to the method of Martingale)

- Spreader 2 (an automatic trading Forex advisor that is capable to make its own decisions on how to enter the foreign exchange market and leave it after setup).

Investments

AvaFX customers can not use direct investment of funds in successful managers, but the broker offers an alternative way that brings not less dividends with the right approach, namely Auto Trading. Auto Trading has several types of automated trading at its disposal, which are based on profitable Forex trading strategies and data of successful traders.

Unique features

Broker AvaFX allows all its customers a new service called Auto Trading. Recently Auto Trading has become quite popular among many traders, because it allows trading in a complete automatic mode.

Broker offers Forex traders four types of automatic trading:

- MirrorTrader is a mirror trading with the help of automated trading platform. This trading has three levels: automatic, semi-automatic and manual. In automatic mode, all the actions of the most famous and successful providers of the world are copied. In semi-automatic mode the Forex trader receives a large number of signals on different Forex strategies and chooses which of them should be used. Manual trading is completely controlled by the trader, where he analyzes the situation on the foreign exchange market and makes decisions about trading.

- ZuluTrade is a basic server where the information is collected from all the leading and successful traders, further it is analyzed and the order to open or close transactions is sent to the trading account of the user, who is connected to the service, i.e. trading is carried out automatically.

- AvaFX Trading API is an automated trading, using the library, which stores the data of all previous operations and decisions are based on the previous experience.

- Algorithmic Trading is an automatic trading, based on specially developed algorithms.

Add/withdraw funds

AvaFX offers several ways to deposit and withdraw funds: VISA, VISA Electron, Delta, MasterCard, PayPal, WebMoney, moneybookers, NETELLER, Diners Club and bank transfer.

Contacts

Broker AvaFX provides its customers with the comprehensive support via online chat, e-mail address [email protected] and by international phone number + 1-212-941-9609. Russian citizens can use the phone number + 7-499-918-61-81.

Cons and pros

+ the fast-growing broker

+ the minimum deposit is 100 dollars

+ small spread

+ online training

+ Forex bonus

- no contests for Forex traders

- small leverage.

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