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Forex Brokers

AvaFX

Name:
AvaFX
1_screen1
Website:
Platform:
ICTS WinTrader (Ava Trader)
Online Since:
2006
Country:
Switzerland
Bonus:
$50-$50,000
Leverage:
200:1
Spread:
Fixed
1_small_logo Go to AvaFX website
Registration Process Other Commodities Practice Trading Account Micro Trading Account Islamic Account
Friendly Available Available Available Available

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.

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

Deposit Options
Wire Transfer, Neteller, PayPal, Western Union, Web-Money, Moneybookers, Diners, Visa, MasterCard
Languages
English, French, Dutch, Spanish, Portoguese, Arabic, Russian, Japanese, Chinese, Indonesian, Swedish
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Broker of the Month

logo UFXMarkets provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXMarkets traders can access the biggest market in the world 24 hours a day with ease.

By keeping their new ParagonEX 4.1 platform, site and deposit process simple, safe and secure, UFXMarkets have become the web’s premier online forex trader.

Promotion of the Month

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Markets.com will teach you to trade Forex with 1-on-1 Personal Training, a detailed Beginners Trading Guide and Weekly Market News & Analysis. Markets.com offers its traders the best trading experience, coupled with numerous trading benefits. Check them out

Polls

Which is the Best Forex Broker you have traded with?

Interview with Matthew Sheppard

Senior Forex Advisor at XForex


1. What is your name and position?

Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2. What is your experience and professional background?

In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.

3. What type of clients you deal with?

We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4. Does most of your business activity come from the online or offline world?

Because of our high presence on the web, most of our business comes from the online world.

5. Why should a trader pick XForex from all forex brokers?

Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..

Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6. From your experience, what advice would you give a person who wants to enter the forex world?

My advice to the beginning trader entering the Forex world is as follows:
  • Learn the market and understand what you’re getting into.
  • Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
  • Invest smartly and calculate your risks.
  • Always know when to get out of a trade.