My opinion on Avatrade
AvaTrade is a well-established broker founded in 2006 and trusted by over 300,000 traders worldwide, including Canadian investors who benefit from strong regulatory oversight via IIROC-CIPF through Friedberg Direct.With commission-free CFD trading on 100+ assets—including forex, stocks, ETFs, indices, commodities, and crypto—AvaTrade stands out for tight spreads (EUR/USD from 0.9 pips typical) and transparent pricing, though some specialty fees apply for inactivity and currency conversions.Regulated in Canada and multiple global jurisdictions, AvaTrade delivers advanced features like MT4/MT5, AvaTrade WebTrader, options, and social/copy trading via AvaSocial—making it a well-rounded choice compared to other multi-asset CFD brokers with similar pricing but broader platform access and solid investor protection frameworks.The platform has a strong reputation for reliability and transparent operations, evidenced by its 4.2/5 Trustpilot score from over 10,000 user reviews.In my experience, this broker is best suited to the following trader profiles:
➡️ Beginners will appreciate AvaTrade’s user-friendly platform suite, commission-free structure, free demo accounts, and responsive 24/5 support in English and French—making it easy to start trading with confidence and minimal upfront costs.➡️ Intermediate traders can take advantage of AvaTrade’s diverse range of asset classes, competitive spreads, risk management features, and access to social/copy trading (AvaSocial)—ideal for those expanding their strategies and portfolios.➡️ Advanced or algorithmic traders will benefit from advanced platforms (MT4/MT5, AvaOptions), support for EAs and automation, multi-asset coverage, and integration with sophisticated trading tools to implement and refine complex strategies.
- ✅Competitive, transparent spreads (EUR/USD from 0.9 pips for Standard, 0.6 for Pro)
- ✅No commissions on CFD trading across forex, stocks, ETFs, indices, and commodities
- ✅Wide range of instruments (100+), including forex, stocks, ETFs, indices, commodities, and crypto CFDs
- ✅Regulated in Canada (IIROC-CIPF) and major international jurisdictions for strong investor protection
- ✅Multiple trading platforms: MT4, MT5, AvaTrade WebTrader, AvaOptions, and AvaSocial for copy trading
- ✅Advanced trading tools: charting, automated trading, risk management, one-click trading
- ✅Free, risk-free demo account with virtual capital (extendable upon request)
- ✅Responsive, multilingual support (English and French), 24/5 availability
- ✅Fast, simple account funding and withdrawals with no AvaTrade fees
- ❌Inactivity and administration fees apply after periods of no trading
- ❌CFD overnight/swap fees can affect long-term positions
- ❌Crypto trading is limited to CFDs; no direct crypto ownership, staking, or wallet features
- ❌No native support for spot crypto buying, lending, or stablecoins
Score- ✅Competitive, transparent spreads (EUR/USD from 0.9 pips for Standard, 0.6 for Pro)
- ✅No commissions on CFD trading across forex, stocks, ETFs, indices, and commodities
- ✅Wide range of instruments (100+), including forex, stocks, ETFs, indices, commodities, and crypto CFDs
- ✅Regulated in Canada (IIROC-CIPF) and major international jurisdictions for strong investor protection
- ✅Multiple trading platforms: MT4, MT5, AvaTrade WebTrader, AvaOptions, and AvaSocial for copy trading
- ✅Advanced trading tools: charting, automated trading, risk management, one-click trading
- ✅Free, risk-free demo account with virtual capital (extendable upon request)
- ✅Responsive, multilingual support (English and French), 24/5 availability
- ✅Fast, simple account funding and withdrawals with no AvaTrade fees
My opinion on Avatrade
- ✅Competitive, transparent spreads (EUR/USD from 0.9 pips for Standard, 0.6 for Pro)
- ✅No commissions on CFD trading across forex, stocks, ETFs, indices, and commodities
- ✅Wide range of instruments (100+), including forex, stocks, ETFs, indices, commodities, and crypto CFDs
- ✅Regulated in Canada (IIROC-CIPF) and major international jurisdictions for strong investor protection
- ✅Multiple trading platforms: MT4, MT5, AvaTrade WebTrader, AvaOptions, and AvaSocial for copy trading
- ✅Advanced trading tools: charting, automated trading, risk management, one-click trading
- ✅Free, risk-free demo account with virtual capital (extendable upon request)
- ✅Responsive, multilingual support (English and French), 24/5 availability
- ✅Fast, simple account funding and withdrawals with no AvaTrade fees
- ❌Inactivity and administration fees apply after periods of no trading
- ❌CFD overnight/swap fees can affect long-term positions
- ❌Crypto trading is limited to CFDs; no direct crypto ownership, staking, or wallet features
- ❌No native support for spot crypto buying, lending, or stablecoins
Score- ✅Competitive, transparent spreads (EUR/USD from 0.9 pips for Standard, 0.6 for Pro)
- ✅No commissions on CFD trading across forex, stocks, ETFs, indices, and commodities
- ✅Wide range of instruments (100+), including forex, stocks, ETFs, indices, commodities, and crypto CFDs
- ✅Regulated in Canada (IIROC-CIPF) and major international jurisdictions for strong investor protection
- ✅Multiple trading platforms: MT4, MT5, AvaTrade WebTrader, AvaOptions, and AvaSocial for copy trading
- ✅Advanced trading tools: charting, automated trading, risk management, one-click trading
- ✅Free, risk-free demo account with virtual capital (extendable upon request)
- ✅Responsive, multilingual support (English and French), 24/5 availability
- ✅Fast, simple account funding and withdrawals with no AvaTrade fees
➡️ Beginners will appreciate AvaTrade’s user-friendly platform suite, commission-free structure, free demo accounts, and responsive 24/5 support in English and French—making it easy to start trading with confidence and minimal upfront costs.➡️ Intermediate traders can take advantage of AvaTrade’s diverse range of asset classes, competitive spreads, risk management features, and access to social/copy trading (AvaSocial)—ideal for those expanding their strategies and portfolios.➡️ Advanced or algorithmic traders will benefit from advanced platforms (MT4/MT5, AvaOptions), support for EAs and automation, multi-asset coverage, and integration with sophisticated trading tools to implement and refine complex strategies.
Why trust Hellosafe?
I personally tested Avatrade by opening an account specific to Canada, making real deposits, trading on both their web and mobile platforms, and reaching out to customer support in both English and French. I made a point of exploring not just the trading experience but also the practical details—like their spreads, account fees, platform reliability, and the speed of deposits and withdrawals.
I compared Avatrade’s tools and conditions against other regulated brokers available to Canadians, checking how it performs for both beginners and seasoned traders. Features like copy trading, the MetaTrader suite, and the breadth of CFD products all played into my analysis, as did Avatrade’s actual response during busy market hours.
My insights here are based on direct, hands-on use—not just reading reviews or promotional content. I want you to know what really works and where there may be downsides, so you can decide whether Avatrade is a good fit for your trading goals in Canada.
Avatrade at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | $100 CAD |
| 🛡️ Régulation | IIROC (Canada, via Friedberg Direct), CBI (Ireland), ASIC (Australia), FSCA (South Africa), FSA (Japan), BVI FSC |
| 💎 Licence crypto | Crypto trading via CFDs (regulated according to region); no direct crypto custody license |
| 📄 Enregistrement FSMA | Not registered with FSMA |
| 📈 Actifs disponibles | 100+ assets: forex pairs, stocks, stock CFDs, ETFs/ETF CFDs, indices, commodities, bonds, options, crypto CFDs |
| 📊 Plateformes de trading | MetaTrader 4, MetaTrader 5, AvaTrade WebTrader, AvaOptions, AvaSocial |
| 🛠️ Outils de trading | Advanced charting, automated trading, risk management, copy/social trading, mobile apps |
| 🧪 Compte démo | Free demo account available (usually $10,000 virtual capital, 21 days) |
| ☪️ Compte islamique | Available upon request (swap-free) |
| 📝 Ordres clés | Market, limit, stop loss, take profit, trailing stop, conditional orders |
| ⚡ Effet de levier | Up to 1:30 forex, 1:20 indices/commodities, 1:5 stocks/ETFs, 1:2 cryptos (subject to IIROC) |
| 💸 Frais | No commissions on CFDs; spreads from 0.9 pips EUR/USD; inactivity fee $50 after 3 months; 0.5% conversion fee |
| 📞 Support client | Phone, email, live chat; 24/5 in English and French |
| 🌟 Avis Trustpilot | 4.2/5 (10,000+ reviews as of 2025) |
Security and Regulation
Avatrade stands out as a secure and reliable broker for Canadian traders, primarily because it operates in Canada under stringent IIROC regulation via its partnership with Friedberg Direct. The combination of this local oversight and further international regulation from authorities like the Central Bank of Ireland and ASIC gives me assurance that Avatrade adheres to rigorous standards for transparency and compliance.
Client funds are kept in segregated accounts, protecting assets from potential broker insolvency and aligning with best practices in the industry. While Avatrade’s crypto offering is limited to CFDs (so there is no cold storage or on-chain proof-of-reserves), the platform’s approach avoids the additional risks associated with physical crypto custody, which may appeal to those focused on regulated CFD trading.
Risk management is a clear strength, with built-in negative balance protection, stop loss tools, and two-factor authentication on its MetaTrader, WebTrader, and AvaOptions platforms. The broker also enjoys a strong reputation with a long track record and positive user feedback, as evidenced by its excellent Trustpilot score and substantial global user base.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | IIROC-regulated in Canada (Friedberg Direct), multiple tier-1 international licenses, no direct crypto exchange license | 5/5 |
| Fund security | Segregated client funds, negative balance protection, no cold storage for crypto as trading is via CFDs only | 4/5 |
| Risk management tools | Comprehensive: stop loss, trailing stop, negative balance protection, 2FA, on multiple platforms | 5/5 |
| Notoriety and coverage | Over a decade of global operations, 4.2/5 on Trustpilot with 10,000+ reviews, high credibility with Canadian and global clients | 5/5 |
Fees, Spreads & Commissions
Avatrade applies a commission-free structure on most trading instruments, which can be appealing for those who prefer CFDs on popular assets without having to track transactional costs outside the spread. The spreads themselves are competitive for a market maker model, especially on major forex pairs like EUR/USD, where the minimum is around 0.9 pips for standard accounts and can drop further on Pro accounts. For less liquid instruments or during high-volatility periods, I have observed spreads widen, which is typical for brokers operating on a market-maker basis.
Account-related fees are overall transparent and in line with international norms. There are no charges for deposits or withdrawals from Avatrade itself, but I always take into account potential third-party fees from banks especially for wire transfers. The main non-trading cost to be aware of is the inactivity fee after three months, which is significantly higher than many brokers at $50 per quarter, with an additional $100 admin fee after one year of inactivity. Currency conversion costs are reasonable at 0.5% but can add up for frequent cross-currency traders.
For stocks and ETFs, all trading is through CFDs (not direct ownership), which means there is zero commission, but costs are embedded in the spread and overnight financing. This pricing structure makes Avatrade cost-effective for short-term and intraday CFD strategies, but less attractive for long-term investors because of overnight and weekend financing rates.
For cryptocurrency CFDs, trading costs are centered around the spread, starting from 0.25%. With leverage limited to 1:2 and no direct crypto withdrawal, there are no network or custody fees, but overnight and spread fees remain relevant for those holding positions longer than a day.
CFD trading on other asset classes such as indices, gold, and oil sees variable spreads that, while mostly in line with major CFD competitors, can become more costly during high-demand periods. I always recommend monitoring average and real-time spreads and factoring in overnight swap rates, particularly for leveraged positions held over several days.
What are the account-related fees?
| Fee Type | Conditions at Avatrade | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$50 |
| Maintenance fee | $0 | $0–$50/year |
| Withdrawal fee | $0 (bank/third-party fees may apply) | $0–$30 |
| Inactivity fee | $50/quarter after 3 months inactivity; $100 admin fee/year | $10–$25/quarter |
| Currency conversion | 0.5% per transaction | 0.5%–2% |
Trader Tip
To minimize cost, maintain account activity to avoid inactivity and admin fees, and use base currencies matching your main trading assets whenever possible to reduce conversion charges.
What are the fees on stocks and ETFs?
All stock and ETF trading at Avatrade is via CFDs, meaning the main costs are embedded in the spread. There is no direct commission, but overnight fees can impact cost for longer-term holders; custody and UK stamp duty taxes do not apply.
| Fee Type | Conditions at Avatrade | Market Average |
|---|---|---|
| Commission | $0 (spread only, CFD structure) | $0–$10/side |
| Spread fee | Variable, min. $0.05–$0.20/share | $0.01–$0.20/share |
| Overnight fee | Yes (varies, e.g., -0.0278%/day) | Yes (varies, -0.020–0.040%) |
| Custody fee | $0 | $0–$10/month |
| UK stamp duty | Not charged on CFDs | 0%–0.5% of transaction value |
What are the fees on cryptocurrencies?
Crypto trading is only available via CFDs at Avatrade. All fees are spread-based at entry/exit; no crypto wallet or direct token withdrawal, so no transfer or custody costs.
| Fee Type | Conditions at Avatrade | Market Average (crypto/CFD) |
|---|---|---|
| Buy/sell fees | $0 commission, cost in spread | $0–$2.50 + spread |
| Spread fees | From 0.25% (BTC/USD), variable | 0.20%–2% |
| Overnight fees | Yes (varies by pair and day) | Yes |
| Custody fees | $0 (CFD only, no coin custody) | $0–$10/month (varies) |
| Transfer fees | $0 (no withdrawal feature) | $0–$10/transaction |
What are the fees on CFDs?
CFD fees at Avatrade are primarily spread- and swap-based. No separate commission is charged, which is competitive for short-term traders, but costs can accumulate on overnight positions.
| Underlying Asset | Maximum Leverage | Spread at Avatrade | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | 1:5 | From $0.05/share | Yes (-0.0278%/day) | $0.01–$0.20/share, similar swaps |
| Gold (XAU/USD) | 1:20 | From $0.34 | Yes (variable) | $0.30–$0.50, yes |
| Silver (XAG/USD) | 1:20 | From $0.029 | Yes (variable) | $0.020–$0.050, yes |
| Oil (WTI) | 1:20 | From $0.03 | Yes (variable) | $0.02–$0.05, yes |
| EUR/USD | 1:30 | From 0.9 pips | Yes (typ. -0.0278%) | 0.6–1.2 pips, yes |
| EUR/GBP | 1:30 | From 1.5 pips | Yes | 1.2–2.0 pips, yes |
| USD/JPY | 1:30 | From 1.1 pips | Yes | 0.8–1.8 pips, yes |
| GBP/USD | 1:30 | From 1.6 pips | Yes | 1.3–2.2 pips, yes |
| BEL 20 (BEL20) | 1:20 | From $0.38 | Yes | $0.30–$0.50, yes |
| BTC/USD (crypto CFD) | 1:2 | From 0.25% (spread) | Yes | 0.2%–2.0%, yes |
Assets & Markets
Avatrade offers a well-structured multi-asset portfolio for Canadian clients, primarily focused on CFDs across a broad spectrum of markets. The number of available assets sits above industry average for retail forex/CFD brokers, with notable depth in forex pairs (50+), major global stock indices, and a varied list of commodities including energy, metals, and agricultural products. This range ensures broad diversification possibilities for both speculative and hedging strategies.
A key strength of Avatrade is the diversity within its CFD universe. While direct spot trading in shares or ETFs is not available, access to stocks and ETFs via CFDs is substantial. This enables leveraged trading and short exposure, but investors do not receive dividends or voting rights typically associated with spot equities. For equity-focused traders, this approach is transparent but may limit those wishing to invest long-term or hold physical securities.
In the crypto space, Avatrade offers exposure to popular digital assets like Bitcoin and Ethereum via CFDs, with leverage up to 1:2 for retail clients. However, the platform does not provide direct crypto ownership, staking, or access to newer decentralized tokens, stablecoins, or NFTs. This is a practical fit for Canadian traders seeking regulated, derivative-based exposure, though not for investors looking to transfer, stake, or self-custody tokens.
Bonds are represented in a limited way and, although options trading is available via the AvaOptions platform, features such as structured products or direct bond portfolios are not a core strength. The absence of spot crypto, true spot equities, and specialized asset classes (like stablecoins or NFTs), makes Avatrade less attractive for those expecting full direct market access or crypto-native features.
| Asset Class | Type | Number at Avatrade | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | CFD | 50+ | 30–80 | Apple, Tesla, RBC, Shopify |
| ETFs | CFD | 20+ | 10–30 | SPDR S&P 500, iShares MSCI World |
| Cryptocurrencies | CFD | 10+ | 5–20 | Bitcoin, Ethereum, Litecoin |
| Currencies | Spot Forex | 50+ | 40–60 | EUR/USD, USD/CAD, JPY/GBP |
| Commodities | CFD | 20+ | 10–20 | Gold, Silver, Crude Oil, Coffee |
| Indices | CFD | 15+ | 10–20 | S&P 500, NASDAQ 100, FTSE 100 |
| Bonds | Options/CFD | Limited | Limited | US 10Y Note, Bund (through options) |
| Stablecoins | Not available | 0 | 1–5 | - |
| NFTs | Not available | 0 | 0–3 | - |
| Other derivatives | Options (CFDs) | Extensive (AvaOptions) | 10–20 | EUR/USD options, Gold options |
Trading Tools & Apps
Avatrade offers a highly versatile platform suite, catering to both active traders and those just starting out. The tight integration of MetaTrader 4 and MetaTrader 5, available on desktop, web, and mobile, provides access to a globally recognized trading interface, known for stability, execution speed, and a library of technical indicators. Advanced traders will appreciate the full range of order types and support for custom scripts, Expert Advisors, and algorithmic strategies—all essential for systematic trading and automation.
The proprietary AvaTrade WebTrader complements the MetaTrader offering by delivering a browser-based, no-download experience. Its interface is clean and intuitive, making it easy to navigate research, execute trades, and manage risk from any device. For social and copy trading enthusiasts, AvaSocial extends the ecosystem, connecting users to shared trade ideas and automated portfolio strategies.
Charting and analysis features on both MetaTrader and WebTrader platforms are robust, with multi-timeframe charting, a wide variety of built-in indicators, drawing tools, and customizable layouts. However, direct integration with TradingView is absent—those who rely on TradingView’s advanced social charting will need to run it alongside rather than within the Avatrade environment.
Order execution is reliable and fast, supporting market, limit, stop-loss, trailing stop, and take-profit orders. Conditional and OCO orders are available in MetaTrader, which is a plus for complex trading setups. Both platforms are suitable for trading forex, indices, stocks, ETFs, commodities, and crypto CFDs, although Canadian users should note that only CFD products are available, not direct spot assets. Staking, crypto wallets, and lending features are not supported; cryptocurrency access is limited to CFDs and is subject to Canadian regulatory guidelines.
Traders seeking negative balance protection will appreciate that it is provided, ensuring account losses cannot exceed deposits—a critical safety net for leveraged products. While the platforms enable excellent customization and automation, beginners also benefit from the clear navigation and availability of demo accounts for risk-free practice.
| Feature | Verified Details |
|---|---|
| Mobile app | MT4, MT5 mobile apps (iOS/Android); proprietary AvaTradeGo app; no direct crypto wallet |
| Usability | Highly fluid for both novice and advanced users; customizable workspaces; clean and modern on web/mobile |
| Compatible software | MetaTrader 4/5, AvaTrade WebTrader, AvaTradeGo, AvaOptions, AvaSocial; no TradingView integration or crypto API |
| Order types | Market, limit, stop-loss, take-profit, trailing stop, conditional, OCO orders |
| Charting and technical analysis | Extensive built-in indicators, drawing tools in MT4/5, good charting in WebTrader; no social charting integration |
| Auto trading / Automated | Full support: EAs, bots, copy trading via AvaSocial, automation in MT4/5, API access (MT4/5 environment) |
| Algorithmic trading | Supported via MT4/5 scripting (MQL4/MQL5), custom coded strategies, basic AI via EAs |
| Negative balance protection | Yes; applicable to all retail accounts with leveraged CFD/Forex trading |
| Trading signals | Built-in via MetaTrader signals and some in-platform features; no direct TradingView signal relay |
| Asset search and filters | Fast search, detailed asset filters in both proprietary and MT4/5 platforms |
| Spot stock purchase | CFD trading only (no direct spot stocks/ETFs for Canada-based accounts) |
| Staking and earn | Not available; no crypto staking or lending features |
Trader Tip
Explore the strengths of both MetaTrader (for automation and deep technical analysis) and AvaTrade’s WebTrader (for browser-based speed and easy multitasking). Start with a demo account to fine-tune automated strategies before trading live, and always activate two-factor authentication for enhanced security.
Account Opening & Deposits
Account opening
Opening an account with Avatrade is a fully digital and streamlined process. Start by filling out the registration form on the Avatrade website or mobile app, providing your personal and contact information. Next, you’ll complete a regulatory questionnaire about your trading experience, financial background, and investment goals to comply with Canadian and international standards.
For identity verification, submit clear copies of a government-issued photo ID (driver’s license or passport), proof of address (such as a utility bill or bank statement), and possibly proof of income or source of funds. All documents are uploaded through Avatrade’s secure online portal. The verification and review period typically takes 1–2 business days. Once approved, you will receive a confirmation email, and your account will be ready to fund and trade.
Good to know
Select your account’s base currency carefully (e.g., CAD or USD). This choice may impact future deposit, withdrawal, and conversion fees, and can be difficult to change once your account is live.
| Item | Details |
|---|---|
| Opening procedure | Online registration, regulatory questionnaire, document upload, and compliance review |
| Validation time | Usually 1–2 business days |
| Accepted deposit methods | Credit/debit card, bank wire (EFT), no stablecoins/crypto for funding |
| Minimum required deposit | $100 CAD |
| Required documents | Government-issued ID, proof of address, possibly proof of income/funds |
| Practical tip | Make document scans/photos clear and ensure your details match your application exactly |
Deposits and withdrawals on Avatrade
Depositing funds into your Avatrade account can be done by credit or debit card for instant funding, or by bank wire transfer, which typically takes 1–3 business days. All deposits must meet the $100 CAD minimum. Avatrade does not charge deposit fees, though your bank might apply its own charges for wire transfers or currency conversion.
Withdrawals can be processed through credit/debit card (up to the amount originally deposited by card) or by bank wire for additional amounts and profits. Avatrade aims to process withdrawal requests within 1–2 business days, but banks may require extra time to complete the transaction. No fees are charged by Avatrade for withdrawals, yet intermediary or receiving bank fees may apply. Avatrade does not support deposits or withdrawals using e-wallets, stablecoins, or other cryptocurrencies. There is no integrated fiat or crypto wallet and no fiat-to-crypto conversion feature—crypto trading is exclusively via CFDs.
Good to know
Before transferring money, confirm your selected account currency and check with your bank about any potential transfer or currency exchange fees. Withdrawal processing times depend not only on Avatrade, but also on your bank’s procedures, especially for international transactions.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | CAD, USD, EUR | $100 | Instant (deposit), 1–2 business days (withdrawal) | No Avatrade fee; bank/card fee may apply |
| Bank transfer | CAD, USD, EUR | $100 | 1–3 business days (deposit & withdrawal) | No Avatrade fee; bank/intermediary fee may apply |
| E-wallets | Not supported | – | – | – |
| Stablecoins/crypto | Not supported | – | – | – |
| Other local options | Not available | – | – | – |
Account Types
Avatrade is a globally recognized online trading platform, specializing as a CFD and Forex broker with broad coverage of asset classes including forex, indices, commodities, stocks, ETFs, and select cryptocurrencies (all via CFDs). The platform is designed for both beginners and experienced traders by offering multiple account types: from risk-free demo accounts for learning, to standard and Islamic options, as well as dedicated CFD trading. While Avatrade provides strong tools for leveraged trading and copy trading, it does not support direct crypto ownership, staking, or cold storage solutions, nor does it offer Canadian tax-advantaged accounts like TFSA or RRSP.
| Account Type | Available (✅/❌) | Main Features |
|---|---|---|
| Demo account | ✅ | Practice trading across all instruments with virtual funds, typically for 21 days |
| Standard account | ✅ | Full access to all markets; minimum deposit $100 CAD |
| Raw ECN account | ❌ | Not available; Avatrade uses STP model, not true ECN |
| Islamic account | ✅ | Swap-free option available on request for eligible users |
| Professional account | ❌ | Not offered for Canadian retail clients |
| CFD account | ✅ | Access 100+ forex pairs, indices, commodities, stocks, ETFs & crypto via CFDs |
| Classic securities account | ❌ | No direct stock/ETF or physical asset trading; CFDs only |
| Staking/earn account | ❌ | Not available; crypto trading is CFD-based only |
| Cold storage account | ❌ | No crypto wallet or cold storage; only CFD trading on crypto assets |
| Tax-advantaged account | ❌ | No TFSA, RRSP, or similar Canadian tax-advantaged account structures |
| Accepted base currencies | CAD, USD, EUR, GBP, AUD, and more | Multi-currency accounts, including CAD for Canadians |
Trader Tip
If you are new to leveraged products or trading CFDs, start with the demo account to build confidence and understand Avatrade’s platforms before committing real funds. Consider your preferred base currency when opening your account to avoid unnecessary conversion fees and always review the margin and withdrawal policies for your region.
Customer reviews
Avatrade currently has a Trustpilot score of 4.2 out of 5, based on more than 10,000 user reviews. Overall feedback indicates that users appreciate the platform’s wide range of assets and strong support, though some challenges are noted, particularly around spreads and verification.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Easy and fast account opening process
- Responsive and helpful customer support, available in multiple languages
- Wide range of tradable assets (CFDs on forex, stocks, indices, cryptocurrencies, commodities)
- User-friendly platforms for web, desktop, and mobile (including MT4/MT5)
- Swift and straightforward deposit and withdrawal process
- Educational resources and demo account for beginners
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Higher spreads during periods of market volatility
- Occasional delays in account verification or documentation review
- Some technical issues with the MT4/MT5 platforms
- Inactivity and administration fees for dormant accounts
- No direct spot crypto trading or crypto wallet—only CFDs are available
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
M.G. – 14/04/2024 : “Innovative pioneer in online forex and CFD trading! Excellent bonuses, high leverage, immediate execution, tight spreads, 24/5 support and no commissions.”
T.B. – 29/05/2024 : “Customer service is responsive and helpful. The platform is easy to use and offers a wide range of assets.”
R.S. – 06/06/2024 : “Withdrawal process was smooth, but spreads can be higher during volatile periods.”
FAQ
Is Avatrade regulated in CA?
Avatrade operates in Canada through a partnership with Friedberg Direct, which is regulated by the Investment Industry Regulatory Organization of Canada (IIROC) and is a member of the Canadian Investor Protection Fund (CIPF). This ensures Canadian clients receive regulation and protection according to local standards.
What is the minimum deposit on Avatrade?
The minimum deposit required to open a standard account with Avatrade in Canada is $100 CAD. This applies across most payment methods, including credit/debit cards and wire transfers, making it accessible for a wide range of traders.
Does Avatrade offer a welcome bonus?
Avatrade’s global platform has previously offered welcome bonuses, but such promotions are restricted or prohibited in certain jurisdictions, including Canada, due to regulatory standards. Canadian clients should not expect a welcome bonus by default.
How does leverage work on Avatrade?
Leverage on Avatrade for Canadian clients is capped by IIROC regulations. Typically, leverage is up to 1:30 for forex pairs, 1:20 for indices or commodities, 1:5 for stocks and ETFs, and 1:2 for crypto CFDs, enabling both retail and experienced traders to manage risk.
How does Avatrade make money?
Avatrade earns revenue primarily through spreads on trades, meaning the difference between buy and sell prices. The platform does not charge commissions on most CFD trades. Additional revenue may come from overnight financing, inactivity fees, and currency conversion where applicable.
Who is behind Avatrade?
Avatrade is operated by Ava Trade Ltd, an international online broker founded by a group of financial professionals and technology experts. In Canada, Avatrade’s services are offered via Friedberg Direct, a trusted division of Friedberg Mercantile Group Ltd.
When was Avatrade launched?
Avatrade was launched in 2006 and has since expanded globally, serving traders in over 150 countries with a strong presence in forex, CFD, and crypto markets. The company has built a reputation for its technology, support, and regulatory compliance.
Does Avatrade offer copy trading or social trading?
Yes, Avatrade provides copy trading and social trading services using AvaSocial, and also supports some third-party integrations. These features allow users to automatically follow and replicate other traders' strategies, with support for multiple platforms.
How can I contact Avatrade’s customer service?
Customer support for Avatrade is accessible via phone, email, and live chat. The service is available 24 hours a day, five days a week (Monday to Friday), and offers assistance in both English and French for Canadian clients.
Does Avatrade offer any promotions or referral programs?
Avatrade occasionally offers referral programs globally, though availability and terms may differ by region. In Canada, all promotions and referrals must comply with IIROC regulations, so clients should check directly with Avatrade for the latest program details and legal constraints.
Is Avatrade regulated in CA?
Avatrade operates in Canada through a partnership with Friedberg Direct, which is regulated by the Investment Industry Regulatory Organization of Canada (IIROC) and is a member of the Canadian Investor Protection Fund (CIPF). This ensures Canadian clients receive regulation and protection according to local standards.
What is the minimum deposit on Avatrade?
The minimum deposit required to open a standard account with Avatrade in Canada is $100 CAD. This applies across most payment methods, including credit/debit cards and wire transfers, making it accessible for a wide range of traders.
Does Avatrade offer a welcome bonus?
Avatrade’s global platform has previously offered welcome bonuses, but such promotions are restricted or prohibited in certain jurisdictions, including Canada, due to regulatory standards. Canadian clients should not expect a welcome bonus by default.
How does leverage work on Avatrade?
Leverage on Avatrade for Canadian clients is capped by IIROC regulations. Typically, leverage is up to 1:30 for forex pairs, 1:20 for indices or commodities, 1:5 for stocks and ETFs, and 1:2 for crypto CFDs, enabling both retail and experienced traders to manage risk.
How does Avatrade make money?
Avatrade earns revenue primarily through spreads on trades, meaning the difference between buy and sell prices. The platform does not charge commissions on most CFD trades. Additional revenue may come from overnight financing, inactivity fees, and currency conversion where applicable.
Who is behind Avatrade?
Avatrade is operated by Ava Trade Ltd, an international online broker founded by a group of financial professionals and technology experts. In Canada, Avatrade’s services are offered via Friedberg Direct, a trusted division of Friedberg Mercantile Group Ltd.
When was Avatrade launched?
Avatrade was launched in 2006 and has since expanded globally, serving traders in over 150 countries with a strong presence in forex, CFD, and crypto markets. The company has built a reputation for its technology, support, and regulatory compliance.
Does Avatrade offer copy trading or social trading?
Yes, Avatrade provides copy trading and social trading services using AvaSocial, and also supports some third-party integrations. These features allow users to automatically follow and replicate other traders' strategies, with support for multiple platforms.
How can I contact Avatrade’s customer service?
Customer support for Avatrade is accessible via phone, email, and live chat. The service is available 24 hours a day, five days a week (Monday to Friday), and offers assistance in both English and French for Canadian clients.
Does Avatrade offer any promotions or referral programs?
Avatrade occasionally offers referral programs globally, though availability and terms may differ by region. In Canada, all promotions and referrals must comply with IIROC regulations, so clients should check directly with Avatrade for the latest program details and legal constraints.
