When you trade at AVAFX you can rest assured that you are in good hands. Founded in 2006 by a group of finance professionals it has serious backing by major financial institutions and is now one the leading forex brokers in the world.
AvaFX is a brokerage company that is BVI registered with pending membership status on the NFA. It has the backing of a Large Financial Conglomerate that has over $16 Billion in assets. Ava FX is strengthened by the fact that it is audited by Ernst & Young, the fourth largest auditing firm in the world and banks with Commerz Bank in Frankfurt, Germany.
When you first start to use AVAFX one of the first things that will strike you is how easy it is to use the software, registration process is easy and hassle free, for the Demo account as well as for the Real Money account. AVAFX allows traders 21 days to try out their $100,000 practice account on their advanced trading tools with dozens of currency pairs and Metals. Real Accounts can be funded via many deposit methods while Credit Card funding is instant and customers can immediately access their account with full Forex trading advantages, All of the information you need is clearly laid out and all features are just a click away.
As a client you have the option of having a Platinum, Gold or Silver account depending on how much you are prepared to deposite, the minimum deposit amount for a silver account is $100 making this an very accesible account for those new to trading.
The registration process is very easy for both the professional real money accounts and the demo account. The demo account is a great feature that allows you to try out the service for 21 days with $100 000 in practice money. This gives you acces to the advanced trading tools and allows you to practice trade with currency, metals etc.
Once you decide to sign up for a real money account you will find that you can quickly and easily fund your account and start trading.
Trades are executed with single-click market executions, or with double-click market trading, while Ava's professional easy to use charts, updates instantly with ability to save multiple charts on separate worksheets. Meanwhile traders can stay ahead with Updated Economic Calendar Analysis as they use Ava's daily commentary an analysis.
AvaFX site hosts an Online Support Center consisting of a knowledge base fulled with information and with the most common questions related to Forex trading in general (which is a big plus). You can also find solutions for trading with AvaFX and solving technical problems that may arise using their platform. AvaFX also offers 24H Multi-Lingual Support via Chat or Phone (with a US Toll Free Number). The representatives are very responsive and informed.
AvaFX is most recommended by ForexCult.
Some questions will be discussed here, is the EUR headed Back to 1.60? and can the GBP remain in the levels of 1.97-1.98 and higher?
The Vulnerabilities of the US Dollars
The US Dollars weakened significantly this past week as rising oil prices revealed the vulnerabilities of the United States economy.
Oil prices are rising and the US dollar is falling, but is this the natural relationship between these two assets? Taking a look back at the two prominent oil shocks of the past four decades (1973 and 1979), we see that this is not necessarily the case.
1973 Oil Crisis: Initially Dollar Bullish, Eventually Dollar Bearish
In 1973, oil prices jumped 134% when the members of the OAPEC, which is OPEC plus Egypt and Syria, announced that they were no longer shipping oil to nations that supported Israel in its conflict with Syria and Egypt.
A quick overview of the services by AVAFX Trading Platform
AVA FX (AVA Financial LTD) is a forex broker based in Nicosia, Cyprus and was founded in 2006.
Features
Award Winning.
No commissions or fees.
Start trading forex with as little as $100.
Euro or US Dollar trading account.
Withdraw instantly with Ava Debit Card.
Dozens of currency pairs and metals.
Trade crude Oil.
FREE advanced online forex trading tools.
Daily exclusive institutional analysis.
24-Hour trading and support.
backed by a large financial institution, which manages over $16 billion in assets.
Mobile trading.
Pros
Fast trading
Good Auditor
Banks with Commerce Bank in Frankfurt, Germany.
Variety of billing options
24 hours Phone and web base support
Cons
No Metatrader 4 software support
New in the market
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