Review of AvaTrade
1 star: Bad

Run away, go elsewhere

I trusted Avatrade at first. Then I realized that as soon as a stop was close enough it was touched by suspicious streaks... market making in its splendor. I also lost my entry bonus on a wrong move, no possible discussion with Avatrade. This bonus was granted with a counterpart of a minimum volume traded: in less than 6 months I had already traded nearly 17 lots out of the 25 needed in 1 year: it was a trap for the beginner I was forcing to trade without waiting for the favorable conditions. Several orders closed without my intervention, once again no explanation! It turned out that most of the analyses sent out on a daily basis are false and are, in my opinion, only proposed to bring liquidity into the markets by making beginners lose. Finally, when we want to recover our funds, it is so complex... to this day I still have not recovered anything. I strongly advise to run away and go elsewhere.

Reply from AvaTrade
Dear AWA,

Thank you for reviewing AvaTrade. We kindly request you provide us with your trading account number and email address the account is registered to by emailing us at cs@avatrade.com. We wish to investigate your case to establish the facts, specifically regarding the elements of recovering funds and closed orders mentioned.

Being a Market Maker enables us to offer the most competitive spreads, and bonuses are indeed subject to requirements laid out in our Terms and Conditions - meeting these requirements is purely optional.

Market analysis communication merely provides a peek into significant events in the market. Making a calculated decision when trading is a must and is the sole responsibility of the trader.

We look forward to hearing from you.

The AvaTrade Team