When you register with AvaTrade, there is a section on the registration form asking for a partner code. Most people leave it blank without knowing what they are giving up. Entering the proper partner code activates a sign-up bonus that is worth up to $10,000 in extra capital, based on how much you put in.
The partner code does not alter your trading conditions in any respect. Same spreads, identical fills, identical platform. You simply get free capital in addition to your personal deposit. It is basically extra funds from the broker's marketing budget.
How Exactly Does the AvaTrade Partner Code Process Work
The process is pretty simple. AvaTrade distributes partner codes through their affiliate program. When a prospective trader enters a active code during the account opening process, the broker's backend recognises it. Once you complete your opening deposit, extra capital gets added to your account on its own.
The size of the bonus scales with your deposit size. Larger deposits unlock bigger bonuses. Certain deposit levels go up to significant amounts in promotional cash. All of it goes straight into your trading account and can be used right away.
Why AvaTrade Bothers With Partner Codes
This is really about trader acquisition numbers. Onboarding a new depositing trader typically costs a broker a fair amount in promotional expenses. Providing a welcome bonus that converts a customer who then creates far more in spread revenue over months is good ROI for the broker.
In other words it is not generosity. It is a deliberate marketing cost for AvaTrade. But it is no problem for you. The bonus is genuine capital you can put to work. Each side gets something they want.
Is AvaTrade Actually Trustworthy
Here is where AvaTrade stands out from most competing brokers. They hold regulatory oversight in nine regulatory bodies globally. That includes tier-1 bodies like the Central Bank of Ireland, the Australian ASIC, and Japan's FSA.
Multi-jurisdiction regulation of this scope is uncommon among online brokers. Many brokers operate in just one or two regions. AvaTrade being licensed in that many adds a level of confidence that most rivals can match.
AvaTrade have been in business since 2006, which gives them nearly twenty years in the business. This level of history is worth noting when you are handing a broker with your capital.
What Can You Really Trade on AvaTrade
AvaTrade provides access to a large spread of financial instruments. The primary asset classes are:
Forex — more than 50 currency pairs covering all the major pairs, minor pairs, and a selection of exotics
Equities — contracts on global stocks from several global exchanges
Commodities — including precious metals, oil, energy markets, and agricultural commodities
Indices — key market indices like the S&P 500, FTSE, DAX, and others
Cryptocurrencies — BTC, ETH, and a selection of additional digital tokens
ETFs — a selection of exchange-traded funds
Bonds — sovereign bond instruments
The instrument range is competitive against most retail brokers. Most traders should find sufficient coverage with no need to needing a second broker account.
Trading Platforms On Offer with AvaTrade
AvaTrade runs several trading platforms. The core platforms include:
MetaTrader 4 — the industry standard for forex trading. Complete charting, custom indicators, EA support capability
MetaTrader 5 — the updated iteration with extra asset classes and enhanced strategy testing
WebTrader — web-based platform with no installation needed. Convenient for quick access from any device
AvaTradeGO — the mobile app for iPhone and Android. Intuitive layout with complete charting capability
AvaOptions — a dedicated platform for trading FX options. Quite niche among retail brokers
In addition, AvaTrade supports external platforms including DupliTrade and ZuluTrade for social trading. Traders can mirror the strategies of top-performing traders automatically via those platforms.
Things to Check About the Welcome Bonus Terms
Like every broker promotional offer, you will find terms attached. The main one is a trading volume requirement. You must complete a set volume before the bonus becomes withdrawable.
That is typical across all brokers. Not a single licensed broker will let you just sign up, collect the bonus, and cash out. You hit the volume target as normal, then the bonus converts to unrestricted capital.
If you are regular traders, this is generally met through everyday trading patterns without any extra effort. It basically gives you extra money to trade with as you meet the target.
A few other details to be worth reviewing:
If the bonus has a validity period. Some bonus structures expire if requirements are not met within a fixed timeframe
What happens to the bonus if you cash out your original capital before reaching the lot requirement
Whether the bonus works across all markets or only certain ones
Every one of these is normal promotional terms. Just check the terms before committing get more info so you hit no unexpected catches when you try to withdraw.
How to Apply the AvaTrade Partner Code
The procedure take maybe five minutes:
Go to the AvaTrade sign-up page
Complete your account info — your name, email, phone number, location
Locate the promotional code input on the registration form. It is usually marked along the lines of "Have a partner code?" or "Partner code"
Paste the partner code in that box
Complete your registration and go through the identity checks
Complete your opening deposit. The welcome bonus is deposited automatically according to the deposit level
The one detail to remember: nearly all brokers will not let you add a partner code after the account is created. Enter it in the account opening process, not later. There is typically no option to retroactively apply it after the account has been opened.
Is It Really Worth Using an AvaTrade Partner Code
In a word: absolutely. I see absolutely no drawback. Your commissions are not affected. You simply receive free money credited to your account on top of your personal deposit.
Five minutes of effort during registration for potentially thousands in additional trading funds. By any measure that is a worthwhile exchange.
The only thing is getting your code from a current site rather than old blog articles where codes could have stopped working. Check the broker's regulation, review the bonus terms, and enter the code at registration. That is honestly all there is to it.