Once you register with AvaTrade, there is a field on the registration page that asks for a partner code. Many traders ignore it without knowing what they are giving up. Using the right partner code triggers a sign-up bonus that can be worth up to $10,000 in additional funds, depending on what you put in.
The partner code will not alter your fees in any way. Unchanged spreads, same execution, identical platform. You only receive extra money on top of your personal deposit. It is essentially bonus capital from the broker's marketing budget.
How Exactly Does the AvaTrade Partner Code Work
The system is simple. AvaTrade distributes partner codes as part of their partnership program. When a new trader inputs a working code during sign-up, the broker's backend registers it. After you make your initial deposit, extra capital gets deposited to your account automatically.
The size of the bonus scales with your deposit size. Bigger deposits earn larger bonuses. Certain deposit brackets can hit thousands in extra cash. All of it goes directly into your live account and is used straight away.
Why AvaTrade Bothers With Partner Codes
It comes down to customer acquisition economics. Signing up a new depositing trader costs a broker hundreds in advertising expenses. Giving a deposit bonus that brings in a trader who then creates far more in spread income over time is good economics for the broker.
So it is not charity. It is a calculated marketing cost for AvaTrade. But that is perfectly fine for you. The bonus is genuine money you can put to work. Each party receives something of value.
But Is AvaTrade Legitimately Trustworthy
This is actually where AvaTrade stands out from many competing brokers. They are regulated by regulation in 9 countries globally. That includes tier-1 authorities like the CBI, the Australian ASIC, and FSA Japan.
Cross-border regulation like this is uncommon among retail brokers. A lot of brokers operate in one or a couple of countries. AvaTrade being licensed in nine offers a degree of trust that most other brokers come close to.
They have been running since 2006, which gives them nearly two decades in the business. This level of operating history counts for something when you are trusting a broker with your funds.
What Can You Really Trade on AvaTrade
AvaTrade covers a decent selection of tradable assets. The core asset classes are:
Forex — more than 50 currency pairs covering all the major pairs, minors, and several exotics
Shares — CFDs on major equities from several global exchanges
Commodities — including gold and silver, oil, natural gas, and soft commodities
Indices — major market indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — BTC, ETH, and a selection of additional digital currencies
ETFs — a range of exchange-traded funds
Bonds — sovereign bond CFDs
The product coverage is strong relative to the majority of retail brokers. Most traders are likely to find sufficient coverage without having an additional broker account.
Trading Platforms On Offer with AvaTrade
AvaTrade supports multiple execution platforms. The primary platforms are:
MetaTrader 4 — the industry here standard for retail forex trading. Comprehensive charting, automated indicators, automated trading support
MetaTrader 5 — the newer version with additional asset classes and improved backtesting
WebTrader — browser-based trading with no install required. Handy for on-the-fly execution from any connected machine
AvaTradeGO — the mobile trading app for iPhone and Android. Intuitive layout with complete charting features
AvaOptions — a purpose-built tool for forex FX options. Fairly uncommon among online brokers
Additionally, AvaTrade supports social trading platforms such as DupliTrade and ZuluTrade for automated strategy following. Traders can mirror the positions of other traders directly through these platforms.
Things to Check About the Welcome Bonus Terms
Like all trading promotion, there are conditions involved. The standard one here is a lot requirement. You have to trade a certain volume prior to the bonus is made cashable.
This is standard across the industry. Not a single reputable broker will let you just deposit, grab the bonus, and leave. You use the account as normal, then the bonus becomes withdrawable money.
If you are active traders, the volume target is often hit via routine trading activity without needing any extra effort. It basically gives you bonus capital to trade with until you hit the conditions.
A couple of other things to be worth noting:
Whether the bonus has an expiration. Some promotional offers become void if conditions are not met within a specified period
What happens to your bonus funds if you pull out your own funds prior to hitting the check here lot target
If the bonus applies to all asset classes or only certain ones
Every one of these is normal promotional practice. Simply scan the conditions prior to depositing so there are no confusion later.
How to Use the AvaTrade Partner Code
The procedure takes a few minutes:
Visit the AvaTrade sign-up page
Enter your personal details — name, email, contact details, residence
Locate the partner code field on the registration form. It is typically marked along the lines of "Have a partner code?" or "Partner code"
Paste the partner code in that box
Complete your registration and go through the identity checks
Process your initial deposit. The promotional credit will be credited automatically based on the deposit level
One thing to note: nearly all brokers do not let you add a partner code after the account is created. Use it during registration, not after. There is usually no way to retroactively apply it after the account has been opened.
Is It Really Worth It to Using an AvaTrade Partner Code
In a word: without question. I see literally no negative. Your commissions are not affected. You only have free funds in your account alongside your own deposit.
A few minutes of effort during registration for up to thousands in bonus trading cash. I would call that a solid deal.
The only thing is getting your code from a tested source rather than outdated web pages where codes may have expired. Verify the broker's regulation, read the bonus conditions, and enter the code at registration. That is genuinely all there is to it.