Cryptocurrency is a medium of exchange just like any other currency, but it’s designed for exchanging digital info through a process made by principles of cryptography . This currency is used to safeguard transaction processes and to manage the creation of coins. Bitcoin was the first crypto to be created. But today there are many different cryptocurrencies, commonly known as alt coins. In this article we’re going to have a brief AvaTrade review and if it’s worth your investment.
What is AvaTrade?
Ava Trade is an online forex & CFD trading company. This is based on variables such as customer support, software features, currency spreads, fees and bonuses. At Avatrade, you can trade bonds, commodities, ETFs, foreign exchange currencies, individual equities options and stock indices. The spreads that Avatrade are average compared to other brokers. Major spreads list’s usually range from 1-7 pips and Ava trade is well inside that range, with 3.0 pip spreads for Euro to USD and 4.0 for pound sterling to USD. Moving to software, the Avatrade menu is pretty simple to use and if you’re a beginner you can also try the free demo account. Regardless of your trading experience, we recommend you have a look at the educational resources available at Avatrade. Additionally, the 24 hour support staff can answer people in 16 languages.
Setting-Up at AvaTrade
It’s easy to get set up. First go to avatrade.com and click “open your account” option. On the next page, enter your personal info and click on continue. Answer all the questions on the second page and check the terms box and then click on submit. On the third page you will see links to make a deposit, a link to send documentation in order to confirm your identity and trading platform links. Click on them and complete your registration. Download the correct trading platform for your operating system and start trading. You can refer back to the site at time for help with critical info such as minimum deposit.
Ava trade uses the metatrader 4 and Ava trader trading platforms, which are compatible with Windows and Mac. These two platforms also includes a lighter version if you’re working via mobile or tablet. Aesthetically, the metatrader platform resembles a familiar Microsoft program, in which it has tabs on the upper section and a list of tools just underneath. By using the tools you can choose the type of trade you want to make and then navigate through the tabs to make your desired trade. I hope that this AvaTrade review will help you to decide if it’s worth your investment or not.