Once you sign up for AvaTrade, you will see a field on the registration page labelled a partner code. Many traders ignore it without knowing what they are missing. Applying the correct partner code activates a sign-up bonus that is worth up to $10,000 in additional money, depending on what you put in.
The partner code does not alter your fees in any way. Identical spreads, same fills, same account type. You simply start with additional funds in addition to your personal deposit. It is really just free money from the broker's advertising budget.
How Does the AvaTrade Partner Code Process Work
The process is pretty simple. AvaTrade issues partner codes via their partnership program. When a prospective trader inputs a working code during account registration, the platform recognises it. Once you process your first deposit, the welcome bonus is credited to your account on its own.
The bonus amount varies with your deposit amount. Higher deposits qualify for higher bonuses. A few deposit tiers go up to significant amounts in bonus capital. Every dollar goes straight into your trading account and can be traded with right away.
Why AvaTrade Even Has Partner Codes
The reason is trader acquisition costs. Getting a new funded trader typically costs a broker a fair amount in promotional costs. Providing a promotional credit that converts a customer who then delivers thousands in commission revenue over years is solid maths for the broker.
In other words it is not altruism. It is a strategic marketing investment for AvaTrade. But it is not a bad thing for the client. The bonus is legitimate funds you can put to work. Each party walks away with something worthwhile.
Is AvaTrade Actually Regulated
This is one area where AvaTrade separates itself from many competing brokers. They hold licences across nine regulatory bodies around the world. This includes tier-1 regulators like the Central Bank of Ireland, ASIC in Australia, and the FSA in Japan.
Global regulation like this is uncommon among online brokers. The majority of brokers hold a licence in a single or two regions. AvaTrade being licensed in 9 gives an amount of confidence that most other brokers come close to.
The broker have been in business since 2006, which puts them almost two decades in the business. This level of history matters when you are entrusting a broker with your money.
What Can You Really Trade on AvaTrade
AvaTrade covers a decent selection of financial markets. The key areas cover:
Forex — over 50 FX pairs including the majors, minor pairs, and a selection of exotics
Equities — contracts on global stocks from various exchanges
Commodities — covering gold and silver, oil, natural gas, and soft commodities
Indices — major stock indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, ETH, and a selection of additional digital assets
ETFs — various popular ETF funds
Fixed income — government bond instruments
The market range is competitive against most online brokers. The majority of traders will find enough with no need to requiring a second broker account.
Trading Platforms Supported with AvaTrade
AvaTrade supports multiple execution platforms. The key platforms are:
MetaTrader 4 — the industry benchmark for retail forex trading. Comprehensive charting, custom indicators, Expert Advisors capability
MetaTrader 5 — the newer version with additional asset classes and improved backtesting
WebTrader — browser-based platform with no installation needed. Good for on-the-fly execution from any machine
AvaTradeGO — the mobile trading read more app for iOS and Android. Clean design with complete trading functionality
AvaOptions — a purpose-built platform for forex FX options. Quite uncommon among online brokers
Beyond those, AvaTrade connects to social trading platforms such as DupliTrade and ZuluTrade for copy trading. You can follow the trades of other traders directly through those platforms.
What to Be Aware Of About the Welcome Bonus Terms
As with every trading promotion, expect requirements involved. The standard one is a turnover requirement. You have to execute a certain volume prior to the bonus gets made yours to keep.
This is normal across the industry. Not a single licensed broker will let you just deposit, grab the bonus, and pull everything out. You trade first, then the bonus converts to withdrawable funds.
If you are frequent traders, the volume target is typically achieved via regular trading habits with no need for any extra effort. It basically gives you free funds to trade with as you meet the target.
Some other things to be worth noting:
If the bonus has a validity period. Some promotional offers become void if volume targets are not met within a set timeframe
What happens to your bonus funds if you pull out your initial capital before satisfying the trading requirement
If the bonus applies to all trading products or only select ones
All of this is routine industry conditions. Just review the bonus terms before signing read more up so there are no issues after the fact.
How to Enter the AvaTrade Partner Code
The steps take under ten minutes:
Go to the AvaTrade sign-up page
Enter your personal information — your name, email, phone number, country
Locate the promotional code field on the registration form. It is generally shown as something like "Have a partner code?" or "Partner code"
Type the partner code in that box
Submit your registration and go through the account steps
Make your first deposit. The extra funds is deposited without further action based on the deposit tier
One thing to note: nearly all brokers do not let you apply a partner code after your account is set up. Input it in the account opening process, not later. It is generally no way to retroactively apply it once the account is live.
Is It Worth Using an AvaTrade Partner Code
In a word: without question. I see absolutely no disadvantage. Your commissions do not change. You only have bonus funds added to your account in addition to your personal deposit.
Under ten minutes of your time during sign-up for potentially thousands in bonus trading capital. By any measure that is a good trade.
What matters most is getting your code from a current source rather than random forum posts where codes could have been discontinued. Verify the broker's regulatory status, read the bonus T and Cs, and input the code at registration. That is honestly all there is to it.