If you open an account with AvaTrade, there is a section on the registration page asking for a partner code. Most people ignore it without knowing what they are giving up. Entering the proper partner code unlocks a welcome bonus that goes up to ten thousand dollars in additional funds, depending on the amount you deposit.
The partner code does not touch your fees in any way. Identical spreads, same fills, same account type. You just start with additional funds on top of your initial deposit. It's essentially bonus capital from the broker's advertising budget.
How Does the AvaTrade Partner Code System Work
The system is simple. AvaTrade distributes partner codes through their referral programme. When a new trader types in a valid code during the account opening process, the system registers it. After you place your first deposit, bonus funds is deposited to your account automatically.
The actual bonus varies with your deposit level. Higher deposits qualify for bigger bonuses. A few deposit brackets can reach thousands in extra money. The entire bonus goes right into your live account and is deployed immediately.
Why AvaTrade Bothers With Partner Codes
It comes down to client acquisition maths. Signing up a new depositing trader typically costs a broker hundreds in promotional spend. Giving a promotional credit that converts a customer who then delivers multiples in fee income over their trading lifetime is solid maths for the broker.
Put simply it is not charity. It is a calculated marketing investment for AvaTrade. But it is not a bad thing for the client. The bonus is legitimate funds you can trade with. Both party walks away with something worthwhile.
Is AvaTrade Actually Regulated
This is actually one area where AvaTrade does well from a lot of other brokers. They hold regulatory oversight in 9 countries globally. This includes tier-1 regulators like the Central Bank of Ireland, ASIC in Australia, and FSA Japan.
Global regulation like this is not common among CFD brokers. Many brokers operate in just one or two regions. AvaTrade being overseen in 9 gives an amount of confidence that most other brokers can match.
They has been in business since 2006, which puts them close to twenty years in the space. This level of track record is worth noting when you are giving a broker with your money.
What Do You Actually Trade on AvaTrade
AvaTrade covers a large variety of tradable instruments. The primary categories are:
Forex — more than 50 FX pairs covering the major pairs, minors, and several exotics
Shares — exposure to individual shares from several global exchanges
Commodities — including precious metals, oil, energy markets, and soft commodities
Indices — major stock indices such as the S&P 500, FTSE, DAX, and more
Cryptocurrencies — BTC, ETH, and a selection of additional digital tokens
ETFs — a range of exchange-traded funds
Bonds — government bond CFDs
The product coverage is strong relative to many online brokers. The majority of traders are likely to find sufficient coverage without needing another broker account.
Trading Platforms On Offer on AvaTrade
AvaTrade provides access to a few different execution platforms. The main options are:
MetaTrader 4 — the industry standard for forex trading. Full charting, custom indicators, Expert Advisors support
MetaTrader 5 — the next-generation version with extra timeframes and improved backtesting
WebTrader — browser-based platform with no download needed. Convenient for on-the-fly execution from any connected machine
AvaTradeGO — the mobile trading app for iPhone and Android. Modern design with full trading capability
AvaOptions — a dedicated tool for forex FX options. Quite unusual among CFD brokers
Beyond those, AvaTrade connects to external platforms including DupliTrade and ZuluTrade for social trading. You can follow the strategies of experienced traders automatically through the connected platforms.
What to Be avatrade welcome bonus Aware Of About the Welcome Bonus Terms
Like every broker promotional offer, you will find conditions involved. The key one is a lot requirement. You need to execute a minimum volume prior to the bonus is made cashable.
This is common across every broker. No reputable broker lets you just sign up, pocket the bonus, and leave. You trade as normal, then the bonus converts to unrestricted funds.
If you are regular traders, the volume target is often reached via regular trading habits with no need for any special effort. It essentially adds extra funds to trade with until you reach the target.
Some other details worth being aware of:
If the bonus has an expiry date. Certain bonus structures expire if volume targets are not met within a set window
What happens to your bonus funds if you withdraw your original deposit before satisfying the volume threshold
If the bonus applies to all asset classes or only certain ones
All of this is normal broker practice. Just check the terms prior to committing so there are no surprises after the fact.
How to Activate the AvaTrade Partner Code
The procedure take maybe five minutes:
Head to the AvaTrade sign-up page
Fill in your registration details — your name, email, contact details, country
Find the promo code input on the registration form. It is generally marked something like "Have a partner code?" or "Partner code"
Type the partner code in that field
Complete your sign-up and go through the identity checks
Place your initial deposit. The welcome bonus is applied without further action per the bonus bracket
The one thing to note: most brokers will not allow you to enter a partner code once your account is completed. Input it in sign-up, not get more info afterwards. There is generally no method to go back and add it once the account has been opened.
Is It Really Worth Using an AvaTrade Partner Code
To be direct: without question. There is no downside. Your trading conditions do not change. You only receive bonus funds in your account on top of your personal deposit.
Five minutes of effort during registration for potentially significant amounts in free trading funds. That is a worthwhile exchange.
The only thing is getting your code from a verified site rather than old listings where codes might have expired. Confirm the broker's regulation, understand the bonus terms, and input the code during sign-up. That is really all there is to it.