Ava Trade Reviews Communicate What Traders Have Been Saying

Ava Trade Reviews Communicate What Traders Have Been Saying

Written by Deepak Bhagat, In Forex, Published On
October 5, 2023
Table of Contents

About Ava Trade

Established in 2006 in the heart of Dublin, Ireland, AvaTrade has rapidly ascended the ranks to become one of the premier brokers in the industry. 

Boasting offices in ten countries, this financial powerhouse currently plays host to over 300,000 registered users, facilitating more than two million transactions each month.

AvaTrade’s impressive track record doesn’t end there. They’ve garnered the trust of traders on a global scale and have received accreditations across five continents.

AvaTrade is regulated by esteemed authorities such as the Australian Securities and Investment Commission, the Japanese FSA, the South African FSCA, the Central Irish Bank, the Abu Dhabi Financial Services Regulatory Authority, the British Virgin Islands Financial Services Commission, and CySEC.

But what truly sets AvaTrade apart is not just its impressive statistics or extensive offerings; it’s the resounding endorsement from the traders themselves.

Anton Kharitonov, a respected expert at Traders Union, has given AvaTrade a notable recommendation.

He believes that the majority of reviews from AvaTrade clients highlight their satisfaction with the company’s services, earning AvaTrade a TU Overall Score of 8.17 out of 10.

If you’re still on the fence about the broker, let’s hear from some of the Ava Trade reviews starting with Andrew from Los Angeles, an accountant and beginner trader, who initially found AvaTrade’s platform a bit overwhelming.

However, he eventually found success with automated trading. He does mention that customer service could be improved, but overall, he’s satisfied.

Mary, a business coach from Houston, was on the hunt for a reliable broker. AvaTrade’s licensed status, easy fund withdrawals, and speedy order execution caught her attention. She appreciates the comprehensive training materials available on the broker’s website, particularly useful for her scalping strategy.

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Eugen from San Jose, an economist and professional trader, hails his six-year journey with AvaTrade as the best he’s experienced in the forex market. He commends the broker’s range of tools and platforms, making it suitable for traders of all levels.

On the other side of the trading spectrum, we find MultiBank, a brokerage group that has been making moves in the market since its establishment in 2005. With a paid-up capital exceeding $322 million, MultiBank stands as one of the largest financial derivatives providers globally.

MultiBank’s approach is geared towards active trading and passive investing, primarily catering to professional traders.

Their trading terms are characterized by clarity and transparency, with spreads below the market average and a remarkably low minimum deposit requirement of just $50. This broker places a strong emphasis on partner relationships, offering competitive packages and rebates for Introducing Brokers (IBs).

Traders have praised MultiBank for its user-friendly technical aspects. The platform easily accommodates custom indicators and Expert Advisors, making it a favorable choice for those who rely on automated trading strategies.

While the social trading platform may pose a slight learning curve, MultiBank’s dedicated customer service support ensures that every trader can harness its full potential.

Expert Anton Kharitonov’s MultiBankFX review echoes the sentiment of traders, praising the company’s clear and obvious trading terms.

He notes that the 1:500 leverage, which might raise concerns among clients, is backed by licenses from over 10 regulators worldwide, reaffirming MultiBank’s commitment to transparency and adherence to regulations.

As you consider your options in the financial market, AvaTrade and MultiBank are two names that stand out. Both brokerage firms have secured the trust of traders and experts too.

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While AvaTrade excels in providing a diverse range of trading tools suitable for traders of all levels, MultiBank shines with its transparent terms and conditions, making it a top choice for professional traders.

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