When you register with AvaTrade, you will see a field on the registration page asking for a partner code. Most people leave it blank without knowing what they are leaving behind. Entering the correct partner code activates a deposit bonus that can be worth up to thousands of dollars in bonus capital, depending on what you deposit.
The partner code will not change your fees in any way. Identical spreads, unchanged execution, identical account type. You simply start with extra money alongside your own deposit. It is really just free money from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code Process Work
The process is pretty simple. AvaTrade issues partner codes through their affiliate network. When a new trader inputs a active code during the account opening process, the system registers it. After you place your opening deposit, the bonus gets applied to your account without any extra steps.
The actual bonus depends on your deposit size. Bigger deposits unlock higher bonuses. A few deposit brackets can hit thousands in bonus funds. The full amount goes directly into your trading account and can be traded with straight away.
Why AvaTrade Bothers With Partner Codes
This is really about trader acquisition numbers. Onboarding a new depositing trader already costs a broker significant money in advertising costs. Offering a deposit bonus that brings in a trader who then generates multiples in fee earnings over their trading lifetime is solid economics for the broker.
So it is not charity. It is a calculated promotional expense for AvaTrade. But that is totally fine for the trader. The bonus is legitimate funds you can deploy. Both party receives something worthwhile.
Is AvaTrade Actually Trustworthy
Here is where AvaTrade separates itself from many other brokers. They carry regulatory oversight across multiple regulatory bodies globally. That includes tier-1 bodies like the Central Bank of Ireland, ASIC in Australia, and Japan's FSA.
Multi-jurisdiction regulation of this scope is rare among online brokers. The majority of brokers are regulated in one or a couple of jurisdictions. AvaTrade being overseen in nine offers a degree of oversight that few other brokers come close to.
They has been active since 2006, which puts them almost two decades in the business. That kind of longevity counts for something when you are entrusting a broker with your money.
What Do You Actually Trade on AvaTrade
AvaTrade supports a wide selection of financial instruments. The primary asset classes include:
Forex — more than 50 FX pairs including all the major pairs, minors, and some exotic pairs
Equities — CFDs on major equities from multiple markets
Commodities — covering gold and silver, oil, natural gas, and agricultural commodities
Indices — key market indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, Ethereum, and several smaller digital assets
ETFs — various popular ETF funds
Fixed income — sovereign bond instruments
The instrument range is solid versus the majority of retail brokers. Most traders will find enough without having another broker platform.
The Platforms On Offer with AvaTrade
AvaTrade runs a few different trading platforms. The key options include:
MetaTrader 4 — the global default for FX trading. Comprehensive charting, automated indicators, automated trading built in
MetaTrader 5 — the next-generation iteration with additional order types and better backtesting
WebTrader — browser-based trading with no download required. Convenient for on-the-fly execution from any connected computer
AvaTradeGO — the smartphone app for iOS and Android. Clean interface with complete charting features
AvaOptions — a specialised platform for trading FX options. Quite unusual among online brokers
On top of that, AvaTrade integrates with social trading platforms such as DupliTrade and ZuluTrade for social trading. It is possible to follow the strategies of top-performing traders directly through the connected platforms.
Things to Be Aware Of About the Bonus Conditions
As with all trading bonus, expect terms tied to it. The main one is a turnover requirement. You have to complete a specified volume before the bonus gets made cashable.
This is common across every broker. No reputable broker lets you just sign up, take the bonus, and pull everything out. You use the account first, then the bonus becomes withdrawable money.
For frequent traders, this is generally hit via routine trading activity with no need for any special effort. The bonus effectively provides free capital to trade with while you hit the target.
Some other details worth noting:
If the bonus has an expiry date. Certain promotional offers lapse if requirements are not met within a set period
What happens to your bonus funds if you withdraw your own funds prior to meeting the volume threshold
If the bonus applies to all asset classes or only particular ones
All of this is normal industry conditions. Simply read the conditions prior to funding your account so there are no unexpected read more catches down the line.
How to Enter the AvaTrade Partner Code
The steps takes a few minutes:
Visit the AvaTrade sign-up page
Complete your account information — your name, email, contact details, location
Find the promotional code input on the sign-up form. It is typically marked along the lines of "Have a partner code?" or "Partner code"
Input the partner code in that field
Finish your sign-up and go through the identity verification
Make your first deposit. The bonus gets credited automatically per the bonus bracket
The one point to note: most brokers will not let you enter a partner code once your account is opened. Use it during registration, not later. It is typically no way to go back and enter it once the account exists.
Is It Really Worth It to Using an AvaTrade Partner Code
To be direct: definitely. There is zero downside. Your trading conditions are not affected. You simply receive free money credited to your account in addition to your own deposit.
A few minutes of work during sign-up for possibly hundreds or thousands in bonus trading cash. Pretty clearly that is a fair use of your time.
The key point is getting your code from a tested source rather than unverified blog articles where codes could have gone inactive. Confirm the broker's regulatory status, understand the bonus terms, and input the code during sign-up. That is really all there is to it.