AvaTrade in India — Best Forex Broker in India 2024
In This Article we are going to see about AvaTrade is an online trading platform and brokerage firm offering its global customers access to financial markets including forex and Contracts-for-Difference (CFD) trading in shares, bonds, indices, ETFs, commodities, and cryptocurrencies.
Why AvaTrade is best Forex Broker?
AvaTrade India
AvaTrade was founded in 2006 by Emanuel Kronitz and Negev Nosatzki, in the Republic of Ireland.
AvaTrade has its administrative headquarters in Dublin, Ireland, and regional offices in Mexico, Johannesburg, Chile, Mongolia, Dublin, Milan, Tokyo, Abu Dhabi, and Sydney.
AvaTrade’s client base grew to more than 300,000 traders across 150 countries.
AvaTrade is a good choice for traders in India. The broker complies with all the requirements of the local regulator and offers attractive trading conditions for the clients.
AvaTrade has been providing services at the market and to the client’s for more than 17 years and during this time it has become one of the leading companies. It is consistently on the list of the Best Forex brokers in India and globally.
Regulator
AvaTrade is regulated by several well-respected international regulatory bodies. AvaTrade is Regulated by 9 top tier Regulator authorities globally.
AvaTrade in India is not regulated by the regulating authorities of India. But AvaTrade follows all the rules and norms that RBI has issued. Indian traders who engage in AvaTrade Broking must ensure compliance with the following regulations like do KYC, follow FEMA Act, Tax Reporting their profit.
Financial Trading Instruments
AvaTrade offers customers forex and CFD trading in more than 750 financial instruments. AvaTrade offers it products to traders into six categories: Forex, Indices, Shares, ETFs, Commodities, and Cryptocurrencies.
Charges and Commission
AvaTrade makes money from the spreads and commissions it charges on each trade and any additional fees such as overnight trading and inactivity.
Trading Platform
AvaTrade offers trading platforms with advanced tools and features to enhance the trading experience for both novice and experienced traders. AvaTrade provides trading platforms through Ava WebTrader, Ava Options on both web and mobile Platform, MT4 and MT5 Platform for seamless and better trading experience for the users.
Ava WebTrader Platform
Ava WebTrader, a AvaTrade own trading platform provides the best trading interface, quick order execution, one click buy and sell, customizable charting tools, multiple windows for more analysis in one screen.
Ava Web Trader also provides free trading signals on their platform to their client’s to make profit. Before you take the signals, do your own analysis for a better outcome. Ava is not responsible for any loss on using their signal. It is only for education purposes provided for their clients.
It is one of the Best and Unique Platform for users to trade through it.
AvaOptions
AvaOptions is an option trading platform where most of the broking firms don’t have this service. AvaTrade provides its unique and most advanced option trading platform on its web portal and in AvaOptions application. Traders who are most interested in options trading can choose AvaOptions for option trading, it is the best and most convenient platform for option traders in forex trading.
AvaOption provides traders with more advanced tools and option strategies to analyze the market. The best thing that AvaOption provides is the user interface. We can make all the necessary order executions in one window. Such as choosing stick price, setting limit orders, Stop loss, and target orders all in one go. It also provides information on how much the market will move on the particular stick price, and how much profit we can make when entering a trade.
The Minimum quantity to trade option is 10000 which is 1 mini lot (0.1). You can directly execute option strategies in the chart and execute the trade. Strategies like Call and Put Spread, Straddle, Strangle, Butterfly, Iron condor. These Strategies will apply in the chart and you can also customize how to want and trade in options. AvaOption Provides dedicated Risk Management tools to protect the capital. So traders can make use of the tools to reduce losses according to the risk willing to take by them.
MT4 and MT5
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) is a widely-used electronic trading platform developed by MetaQuotes. MetaTrader 4 is ideal for traders who prioritize robust charting tools and automated trading for both novice and experienced traders. MT 5 is an advanced trading platform providing an enhanced and advanced trading experience compared to MetaTrader 4. MT5 is the same as trading platform like MT 4. Both Platform is available in PC, MAC, Android and IOS.
Account Types
AvaTrade provide Real Account designed for individual traders who are starting or continuing their trading journey.
Profession Account for experienced traders who meet specific criteria set by regulatory bodies and the broker.
Islamic accounts, also known as swap-free accounts, are designed for traders who adhere to Islamic finance principles, which prohibit earning interest on trading positions held overnight.
Demo accounts are perfect for beginners who want to learn and practice trading or those who want to test their strategies without risking real money. These accounts simulate real trading conditions using virtual funds. Demo Account is available for 21 days only.
Deposit
AvaTrade supports several deposit methods, including credit/debit cards, bank wire transfers, and e-wallets like Skrill, AstroPay, and Neteller. AvaTrade requires a minimum deposit of $100, which is higher than other brokers. But it is also a safe way for traders to make money management and position risk management strategies.
Withdrawal
Like the deposit channels, customers can process withdrawals using the payment options same as available for deposit. Withdrawals usually take 1 business days to complete, and there are no withdrawal fees, offering users complete access to their profits. However, you should pay attention to potential fees from the payment service providers like e-wallets.
My Suggestion is, you can use AstroPay payment gateway for deposit and withdrawal purpose. Because AstroPay is giving great service and minimal fee for transaction.
To Open Account with AstroPay Click Here…
Copy Trading
AvaTrade offers customers copy and social trading with AvaSocial, ZuluTrade, DupliTrade, and MQL5 Signal service. AvaTrade provides Copy Trading to customers through DupliTrade platform where the customer can choose himself a copy trader provider by the Risk and Return ratio, Charge, Monthly returns that the professional traders provided in the platform. AvaTrade is not responsible if any loss occurred due to taking copy trade.
Trading Signal
AvaTrade offers Trading Signals in Ava WebTrader proprietor platform, Which gives customers Buy and Sell signals. So they can make use of this signal to make profit. The Profit or Loss in trading is common in trading, so better do your analysis before taking the signals provided.
Customer Support
AvaTrade offers customers dedicated 24/5 customer support in 15 languages. Traders can contact the AvaTrade customer service support team by phone, email, and live chat.
Unfortunately, AvaTrade does not support Indian regional languages. It is a big drawback for Indian traders to open an account or get their queries solved easily.
Safety and Security
The Safety and Security of the platform and the data of the clients are highly secured by AvaTrade. They give maximum security to the trading platform and trading account and update the security regularly.
Conclusion
In Conclusion, AvaTrade broking is the top and most reliable and reputable broking firm that has given service for more than 17 years and it is regulated under 7 regulators globally. So it is a trustworthy broker and provides a wide range of trading instruments, competitive fees, and excellent customer support. It gives excellent service to Indian traders. They are one of the top broking service providers globally. Overall, AvaTrade is a best choice for traders looking for a regulated and trusted broker with a global presence. So it is definitely worth considering and a best decision for your forex trading in India.
AvaTrade Contact in India
To get the service of AvaTrade in India, you can contact the Classroom of Traders.
Classroom of Traders is the sub-broker of AvaTrade providing broking service for the forex traders in India. If you have any queries feel free to contact us.
Adderss
18 A, VOC St, Om Sakthi Nagar, Kaikankuppam, Valasaravakkam, Chennai, Tamil Nadu, India 600087
Mobile No: 99622 34448
Whatsapp us: +91 9962234448
To open Account with AvaTrade Click Here…