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AvaTrade Review - Forex Brokers That Trade Cryptocurrency

{}Posted in2022/8/26 2:08:47 | 99Browse

AvaTrade is one of the few regulated Forex brokers that trade cryptocurrency. They offer over 200,000 active customers and process over 2 million trade orders each month. Their software includes AvaOptions, Webtrader, and a limited number of currency pairs. They also offer third-party trading platforms and are regulated by the Central Bank of Ireland and the Australian Securities and Investments Commission. However, despite their regulated status, AvaTrade does not accept traders from the United States, Belgium, Iran, India, or Russia.

AvaTrade offers CFD trading for cryptocurrency, where traders do not hold the coins themselves. This type of trading is gaining popularity as more people use cryptocurrency to protect themselves from national currency depreciation. The currency is increasingly used in countries like Japan as a way to circumvent the legality issue that prevents them from paying in their national currency. These currencies are now accepted at more retail outlets. And, as the government gives approval to cryptocurrencies, more people around the world are using them as a form of payment.

AvaTrade offers a number of deposit options, including credit cards, bank wire transfers, and e-Wallets. Unfortunately, you cannot deposit cryptocurrency directly into your account. But if you want to trade cryptocurrency, you can use PayPal to convert the currency into fiat. This company has a minimum deposit of $100 USD. Withdrawals are accepted via many of the same methods as deposits, though they may take several days.

AvaTrade s platform includes a variety of trading platforms. You can trade in FX pairs, stocks, and indices, as well as cryptocurrencies. You can use the MetaTrader 4 platform to manage your accounts, and you can use social media to open an account using Facebook or Google. Its trading platform is highly intuitive and offers numerous educational tools and instruments for a comprehensive research of the market.

AvaTrade is a regulated forex broker, with offices in Australia, the UK, Canada, and the EU. They also have regional offices in major financial centers. They ve also won nine awards for their services in the past decade. In addition to being regulated on 5 continents, AvaTrade also has a multilingual support team. If you re looking for a Forex broker that accepts cryptocurrency, AvaTrade is the perfect choice.

AvaTrade s spreads are also competitive. For EUR/USD, they start at 0.9 pips, and go as low as 0.6 pips for professional accounts. Their spreads are relatively low for forex and crypto, and their commission fees are only average for retail and standard accounts. Besides offering competitive pricing, AvaTrade also offers multiple trading platforms. In addition to their in-house trading platform, AvaTrade also has multiple trading software.

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