He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. AvaTrade has received multiple awards across various continents for its trading tools, platform reliability, mobile experience, and user education. These awards demonstrate consistency in key areas that matter to traders. This applies to forex, stocks, indices, commodities, and crypto trades. Islamic accounts don’t pay swaps, but they may still incur admin fees if trades remain open for too long.
Overnight Fees, Rollovers, or Swaps
AvaTrade shines when it comes to education and displays considerable care for beginner traders. The broker’s top-notch educational center, AvaAcademy provides a wealth of high-quality training materials, and avatrade review it remains one of the best overall resources for new traders across the industry. AvaAcademy delivers approximately two dozen online trading courses, 150 lessons, and 50 quizzes, and I highly recommend beginner traders to take their time exploring this valuable resource. AvaTrade added Ava Futures, its dedicated futures trading offering on the MT5 platform.
How do I update my Kenyan phone number on Avatrade?
Some equity traders may achieve a competitive pricing environment on select assets, dependent on trading volume and duration. Index and commodity traders get the best offer, as trading costs here rank among the best industry wide. Futures traders pay $0.75 for mini contracts and $1.75 for mini and standard contracts. An auto liquidation fee for futures of $10 per position also applies. The range of markets available at AvaTrade will depend on which trading platform you choose, and which of the brand’s global entities holds your account. AvaTrade offers 1,260 symbols in MT5 and nearly the same number in WebTrader, though a few hundred of those symbols have been put on hold.
How long do AvaTrade deposits and withdrawals take in Kenya?
DupliTrade is a good fit for traders who want to follow vetted strategies hands-free. We adhere to industry standards and best practices for transparency.
- AvaTrade web trader platform chart layout with watchlist and trading signals and expanded instrument detail with sentiment and contract specifications.
- All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
- AvaTrade shines when it comes to education and displays considerable care for beginner traders.
Are there any educational webinars for Kenyans on Avatrade?
- At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers.
- There are no fees from AvaTrade, but you should check with your bank or payment provider about any additional charges, especially for currency conversion.
- Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust.
- Islamic (swap-free) accounts are also available upon request after your account is verified.
- The minimum deposit at AvaTrade is $100, a reasonable request but higher than at some other Forex brokers.
There’s no withdrawal fee from AvaTrade, but delays can happen on the banking side, especially with international transfers. Deposits or withdrawals in a currency that doesn’t match your account’s base currency are converted at a rate that includes a 0.5% fee. Mac traders get full access without missing any core features or needing extra software. AvaOptions works for traders who want to manage exposure using options, not just stop-losses.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Yes, based on your detected country of UA, you can open an account with this broker. Traders can withdraw all their money from AvaTrade if they close all open positions, have no pending orders, and wait for trades to settle.
Can I withdraw profits from AvaTrade to my bank in Kenya?
In addition to forex, CFDs, and OTC options, AvaTrade also offers futures trading via the CME (and EUREX via the MT5 platform). AvaTrade is not licensed locally by the CMA, but Kenyan accounts are still connected to one of the broker’s regulated entities. You get access to the same trading platforms, client protections, and support. AvaTrade produces daily in-house research content in video and article format, and grants access to Trading Central research modules. While AvaTrade has made improvements in this category, its research offering can’t stack up against what the best forex brokers offer. For instance, many of the articles on the AvaTrade blog are educational, even if labeled under the market analysis section, such as its “5 ways to capitalize on market volatility” article.
Can I use automated trading with Avatrade in Kenya?
Adam trades Forex, stocks and other instruments in his own account. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch. Overall, AvaTrade offers regulated access to global markets with platforms that operate across devices. You can open an account in minutes, use deposit methods friendly to the Kenyan shilling, and trade forex, stocks, crypto, and more without paying commissions.
He is a forex industry expert and an active fintech and crypto researcher. AvaTrade does not operate in the US, has no US regulatory license, and does not accept US-resident traders. AvaTrade has seven regulators, extensive experience, and remains one of the most transparent brokers. AvaTrade is one of the best brokers for beginners due to its trading academy, SharpTrader. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-free AvaTrade account. Yes, Kenyans can install the AvaTradeGO mobile app from local app stores.
Another nice touch is the options trading platform AvaOptions, dedicated to vanilla options traders. Futures trading is available on the MT5 trading platform in partnership with the CME Group and EUREX, with more futures exchanges coming soon. AvaTrade offers traders a familiarity with MT4/MT5, is a leader in algorithmic trading, and is equipped with an integrated copy trading platform.
AvaTrade offers traders a broad range of trading platforms, including a dedicated options trading platform, futures trading, and its proprietary mobile app and social trading platform. AvaTrade offers traders a broad range of trading platforms, including a dedicated options trading platform and its proprietary mobile app and social trading platform. The available assets present a balanced mix, offering clients in-depth cross-asset diversification from a commission-free pricing environment. AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders. I’ve found the broker excels for both its educational and copy trading offerings, earning Best in Class honors for Education, Beginners, and Copy Trading in 2025.
No, AvaTrade is not CFTC/NFA regulated and does not serve U.S. clients. In markets that require full legal registration (like parts of the EU or UAE), AvaTrade offers a Tied Agent model. You operate under their regulatory license while selling their services locally. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
However, while AvaTrade offers competitive spreads for professional traders, its retail pricing and research offerings still lag behind industry leaders. AvaFutures is a dedicated futures entity by well-known industry leader AvaTrade. Traders get the MT5 trading platform, which supports algorithmic trading, copy trading, and extensive customization options. Ava Futures charges $0.19 for micro and mini futures and $0.49 per standard contract, placing it among the most competitively priced futures brokers.