What Are The Trading Fees Of Avatrade?

What Are The Trading Fees Of Avatrade?

AvaTrade is one of the worldwide CFD and FX broker and it was founded in 2006. It is regulated using several financial authorities, such as the Central Bank of Ireland. CFDs are one of the involved tools and it is coming with a high risk of losing money rapidly due to leverage. 71% of the retail investor is accounting lose money when trading CFDs with this provider.  AvaTrade review of trading fees, you can understand how CFDs work and you can be managed to take the high risk of losing your money.

Avatrade Pros And Cons

The account opening is easy and fully digital. AvaTrade is offering various deposit and withdrawal options that are free of charge. It has good educational tools. The product portfolio is limited that is offering only CFDs, forex, and cryptos. Research tools are controlled as trading ideas, fundamental data, and news feed are not provided. The phone support is poor.

  • Pros
  • Easy and fast account opening
  • Free and multiple deposits and withdrawal options
  • Great education tools
  • Cons
  • Only CFDs, forex, and cryptos offered
  • Limited research tools
  • Phone support is not responsive

Avatrade Trading Fees

The fee structure is transparent and easy to calculate. It is compared trading fees for CFD brokers. They have compared brokers by calculating all fees of a typical trade for selected products. They are choosing popular instruments within each asset class:

  • Stock index CFDs:SPX and EUSTX50
  • Stock CFDs:Apple and Vodafone
  • Forex:EURUSD, GBPUSD, AUDUSD, EURCHF, and EURGBP

This type of trade is buying a leveraged position and it is holding for one-week selling. They have selected a $2,000 position for the stock index and stock CFDs and $20,000 for the forex transactions. The leverage they are used:

  • 20:1 for stock index CFDs
  • 5:1 for stock CFDs
  • 30:1 for forex

These catch-all benchmark fees are developing, commissions and financing costs for all brokers. You can see the verdict for AvaTrade fees.

CFD fees

AvaTrade has generally average CFD trading fees. AvaTrade index CFD fees are very pushing after checking their competitors, XM and Plus500. At the same time, the stock CFD trading fees are at an average level.

Forex fees

AvaTrade fees are average benchmarked with their competition. Forex trading fees are built in the spreads. Forex fees are transparent and predictable. AvaTrade supports the clarity with Forex Calculator that is allowing you to calculate your next forex position in 5 simple steps:

  • Enter the instrument you wish to trade
  • Set your account currency
  • Insert the leverage level
  • Decide whether to buy or sell
  • Select the trading platform
  • Non-trading fees

AvaTrade has average non-trading fees

AvaTrade is not charging any account fees such as deposits and withdrawals. AvaTrade has an inactivity fee of $50 per quarter after 3 consecutive months of inactivity. This is in line with some of its competitors. This is following 12  months of non-use, an administration fee of $100 will be deducted from the value of the account.

Category Finance

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