Once you register with AvaTrade, you will see a box on the registration form labelled a partner code. Most people leave it blank without realising what they're leaving behind. Entering the proper partner code triggers a deposit bonus that can be worth up to $10,000 in additional money, depending on what you put in.
The partner code does not touch your commissions in any respect. Identical spreads, unchanged order execution, same account type. You simply get free money in addition to your own deposit. It's basically bonus capital from the broker's promotional budget.
How Does the AvaTrade Partner Code Work
The setup is straightforward. AvaTrade distributes partner codes through their referral program. When a prospective trader inputs a working code during account registration, the broker's backend registers it. After you make your opening deposit, bonus funds is credited to your account on its own.
The actual bonus varies with your deposit level. Larger deposits unlock higher bonuses. Some deposit brackets can reach significant amounts in bonus capital. The entire bonus goes straight into your trading account and can be traded with from day one.
Why AvaTrade Offers Partner Codes
It boils down to trader acquisition numbers. Acquiring a new live trader already costs a broker significant money in promotional budget. Giving a deposit bonus that secures a customer who then produces far more in spread income over their trading lifetime is sound ROI for the broker.
So it is not charity. It is a deliberate acquisition expense for AvaTrade. But that is no problem for you. The bonus is actual money you can deploy. Both side gets something of value.
Is AvaTrade Actually Regulated
This is actually one area where AvaTrade separates itself from many competing brokers. They are regulated by regulation across nine jurisdictions worldwide. This includes tier-1 regulators like the Central Bank of Ireland, ASIC in Australia, and the FSA in Japan.
Multi-jurisdiction regulation at this level is unusual among CFD brokers. The majority of brokers are regulated in one or two regions. AvaTrade being licensed in nine offers an amount of trust that few competitors offer.
AvaTrade has been in business since 2006, which puts them close to twenty years in the industry. That kind of longevity is relevant when you are giving a broker with your money.
What Do You Actually Trade on AvaTrade
AvaTrade covers a large selection of financial products. The main asset classes are:
Forex — over 50 FX pairs including all the major pairs, minors, check here and several exotics
Shares — CFDs on global stocks from several exchanges
Commodities — covering precious metals, oil, energy markets, and agricultural commodities
Indices — key market indices such as the S&P 500, FTSE, DAX, and more
Cryptocurrencies — Bitcoin, ETH, and a selection of additional digital currencies
ETFs — a range of exchange-traded funds
Bonds — sovereign bond CFDs
The product coverage is solid versus most retail brokers. Most traders are likely to find what they need without having an additional broker account.
Trading Platforms On Offer with AvaTrade
AvaTrade runs multiple trading platforms. The key platforms are:
MetaTrader 4 — the industry benchmark for retail forex trading. Comprehensive charting, automated indicators, Expert Advisors support
MetaTrader 5 — the updated version with additional asset classes and improved backtesting
WebTrader — browser-based trading with no download required. Useful for fast trading from any device
AvaTradeGO — the smartphone app for iOS and Android. Clean interface with full trading capability
AvaOptions — a dedicated platform for trading vanilla options. Quite niche among CFD brokers
On top of that, AvaTrade integrates with third-party platforms like DupliTrade and ZuluTrade for copy trading. You can follow the trades of other traders directly through the connected platforms.
What to Check About the Welcome Bonus Terms
Like all trading promotion, you will find conditions involved. The standard one is a lot requirement. You have to trade a certain volume prior to the bonus is made click here cashable.
This is standard across the industry. Not a single reputable broker lets you just deposit, pocket the bonus, and cash out. You trade as normal, then the bonus is released as real funds.
If you are frequent traders, this is generally met through everyday trading patterns with no need for any extra effort. It basically gives you bonus funds to trade with as you meet the conditions.
A couple of other points to be worth being aware of:
Whether the bonus has a time limit. Certain bonus structures lapse if conditions are not met within a defined period
What happens to your bonus funds if you pull out your own funds before hitting the volume threshold
If the bonus covers all trading products or only specific ones
Every one of these is standard industry conditions. Just check the conditions ahead of signing up so you hit no unexpected catches when you try to withdraw.
How to Use the AvaTrade Partner Code
The procedure takes a few minutes:
Visit the AvaTrade sign-up page
Enter your personal details — name, email, phone number, location
Locate the partner code field on the registration form. It is typically marked along the lines of "Have a partner code?" or "Partner code"
Paste the partner code into that field
Complete your sign-up and go through the ID checks
Process your opening deposit. The promotional credit gets credited on its own according to the deposit structure
A key detail to be aware of: the majority of brokers cannot allow you to enter a partner code once your account has been set up. Apply it at sign-up, not afterwards. There is typically no way to retroactively apply it after the account has been opened.
Is It Really Worth Using an AvaTrade Partner Code
Short answer: yes. I see absolutely no negative. Your commissions are not affected. You only start with extra capital added to your account in addition to your personal deposit.
A few minutes of effort during registration for up to thousands in bonus trading cash. I would call that a solid deal.
The only thing is getting your code from a current source rather than outdated web pages where codes may have been discontinued. Verify the broker's regulation, understand the bonus conditions, and enter the code at registration. That is honestly all there is to it.