When you open an account with AvaTrade, you will notice a box on the registration form asking for a partner code. Most people skip it without realising what they're leaving behind. Entering the proper partner code unlocks a welcome bonus that goes up to thousands of dollars in extra trading capital, determined by the amount you deposit.
The partner code will not affect your spreads in the slightest. Identical spreads, same fills, same platform. You simply get bonus capital alongside your initial deposit. It is really just bonus capital from the broker's marketing budget.
How Exactly Does the AvaTrade Partner Code Work
The system is pretty simple. AvaTrade issues partner codes via their partnership program. When a new trader types in a valid code during the account opening process, the system flags it. After you complete your opening deposit, the welcome bonus is applied to your account on its own.
The actual bonus varies with your deposit amount. Bigger deposits earn bigger bonuses. A few deposit tiers go up to significant amounts in bonus capital. Every dollar goes right into your trading account and can be deployed straight away.
Why AvaTrade Even Has Partner Codes
The reason is client acquisition numbers. Acquiring a new funded trader typically costs a broker a fair amount in marketing expenses. Giving a deposit bonus that secures a customer who then generates far more in spread earnings over years is solid maths for the broker.
Put simply it is not generosity. It is a deliberate promotional investment for AvaTrade. But it is perfectly fine for the trader. The bonus is genuine money you can deploy. Both side gets something of value.
Is AvaTrade Actually Regulated
This is actually one area where AvaTrade separates itself from a lot of competing brokers. They are regulated by regulation across nine regulatory bodies around the world. This includes tier-1 regulators like the Central Bank of Ireland, ASIC in Australia, and the FSA in Japan.
Multi-jurisdiction regulation of this scope is rare among online brokers. A lot of brokers operate in one or a couple of regions. AvaTrade being licensed in nine gives an amount of confidence that few competitors offer.
The broker has been operating since 2006, which gives them nearly two decades in the market. That length of operating history is relevant when you are giving a broker with your money.
What Do You Actually Trade on AvaTrade
AvaTrade provides access to a broad range of financial products. The main asset classes include:
Forex — more than 50 currency pairs covering all the major pairs, minors, and some exotics
Shares — CFDs on major stocks from various exchanges
Commodities — covering gold, oil, natural gas, and soft commodities
Indices — major stock indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, ETH, and a selection of additional digital currencies
ETFs — a range of exchange-traded funds
Fixed income — government bond instruments
The instrument coverage is strong versus most online brokers. The majority of traders will find enough with no need to needing another broker platform.
The Platforms Available on AvaTrade
AvaTrade runs several trading platforms. The primary platforms include:
MetaTrader 4 — the industry standard for retail forex trading. Complete charting, automated indicators, automated trading support
MetaTrader 5 — the newer version with additional asset classes and enhanced backtesting
WebTrader — browser-based trading with no install required. Useful for fast trading from any connected computer
AvaTradeGO — the smartphone app for iPhone and Android. Intuitive layout with complete charting features
AvaOptions — a purpose-built tool for forex FX options. Quite niche among CFD brokers
Beyond those, AvaTrade connects to social trading platforms such as DupliTrade and ZuluTrade for copy trading. You can copy the strategies of top-performing traders automatically via those platforms.
Things to Be Aware Of About the Bonus Terms
Like every broker bonus, there are conditions attached. The standard one is a turnover requirement. You have to execute a minimum volume prior to the bonus gets made cashable.
That is common across every broker. No reputable broker lets you just sign up, collect the bonus, and cash out. You trade as normal, get more info then the bonus is released as real funds.
If you are active traders, the volume target is often reached via regular trading activity without needing any extra trading. The bonus basically gives you free funds to trade with until you hit the requirements.
A few other details worth checking:
If the bonus has an expiry date. Certain bonus structures expire if requirements are not met within a fixed timeframe
What happens to your bonus funds if you pull out your original deposit prior to meeting the lot target
If the bonus covers all markets or only particular ones
All of this is typical broker practice. Simply review the T and Cs ahead of committing so you hit no surprises after the fact.
How to Apply the AvaTrade Partner Code
The procedure takes about five minutes:
Head to the get more info AvaTrade registration page
Enter your personal details — name, email, contact details, country
Find the partner code box on the sign-up form. It is generally marked along the lines of "Have a partner code?" or "Partner code"
Enter the partner code in that box
Complete your registration and complete the ID steps
Complete your initial deposit. The extra funds will be deposited without further action based on the deposit level
The one point to keep in mind: the majority of brokers cannot allow you to enter a partner code once registration has been set up. Apply it in the account opening process, not afterwards. It is typically no method to go back and apply it after the account has been opened.
Is It Really Worth It to Using an AvaTrade Partner Code
In a word: absolutely. There is no downside. Your spreads stay the same. You just receive extra capital added to your account alongside your own deposit.
A few minutes of work during registration for potentially thousands in additional trading money. Pretty clearly that is a solid deal.
The only thing is getting your code from a tested source rather than outdated listings where codes could have been discontinued. Verify the broker's regulation, read the bonus terms, and input the code during registration. That is really all there is to it.