If you sign up for AvaTrade, there is a box on the registration form labelled a partner code. Many traders ignore it without knowing what they're leaving behind. Applying the correct partner code triggers a deposit bonus that can be worth up to thousands of dollars in bonus money, depending on what you put in.
The partner code does not affect your fees in any respect. Unchanged spreads, identical fills, same account type. You only start with free funds alongside your initial deposit. It is essentially free money from the broker's marketing budget.
How Does the AvaTrade Partner Code Process Work
The system is pretty simple. AvaTrade issues partner codes via their partnership program. When a prospective trader inputs a active code during the account opening process, the system flags it. After you make your initial deposit, extra capital gets applied to your account without any extra steps.
The size of the bonus scales with your deposit size. Larger deposits unlock higher bonuses. A few deposit brackets can hit thousands in extra money. The entire bonus goes straight into your trading account and can be traded with right away.
Why AvaTrade Bothers With Partner Codes
This is really about trader acquisition costs. Getting a new live trader already costs a broker significant money in advertising costs. Providing a welcome bonus that secures a client who then creates far more in spread income over their trading lifetime is good maths for the broker.
Put simply it is not generosity. It is a calculated marketing investment for AvaTrade. But it is no problem for you. The bonus is genuine capital you can trade with. Each party gets something of value.
But Is AvaTrade Really Regulated
This is one area where AvaTrade does well from a lot of rival brokers. They are regulated by regulation across multiple countries worldwide. Covering tier-1 authorities like the CBI, ASIC, and the FSA in Japan.
Global regulation like this is not common among CFD brokers. Many brokers operate in a single or two regions. AvaTrade being licensed in nine offers a degree of credibility that not many rivals can match.
They has been active since 2006, which gives them close to twenty years in the space. That kind of longevity counts for something when you are trusting a broker with your funds.
What Do You Actually Trade on AvaTrade
AvaTrade provides access to a broad spread of tradable products. The main areas cover:
Forex — more than 50 currency pairs covering the majors, minor pairs, and several exotic pairs
Stocks — contracts on global shares from various exchanges
Commodities — including precious metals, oil, energy markets, and soft commodities
Indices — major stock indices such as the S&P 500, FTSE, DAX, and more
Cryptocurrencies — BTC, Ethereum, and a selection of additional digital tokens
ETFs — a range of exchange-traded funds
Bonds — government bond CFDs
The product coverage is strong compared to many online brokers. The majority of traders are likely to find sufficient coverage without needing a second broker account.
Trading Platforms Available at AvaTrade
AvaTrade offers a number of execution platforms. The key platforms are:
MetaTrader 4 — the industry benchmark for forex trading. Complete charting, automated indicators, automated trading built in
MetaTrader 5 — the next-generation iteration with extra timeframes and improved strategy testing
WebTrader — web-based platform with no installation needed. Handy for fast trading from any computer
AvaTradeGO — the smartphone app for iOS and Android. Clean interface with complete charting features
AvaOptions — a purpose-built tool for trading vanilla options. Relatively rare among CFD brokers
Beyond those, AvaTrade connects to external platforms like DupliTrade and ZuluTrade for copy trading. Traders can copy the positions of other traders directly via those platforms.
Things to Know About the Partner Code Bonus Terms
As with all broker bonus, expect terms attached. The standard one is a lot requirement. You need to complete a specified volume before the bonus gets made cashable.
This is common across all brokers. Not a single reputable broker lets you just sign up, pocket the bonus, and leave. You use the account as normal, then the bonus converts to unrestricted funds.
If you are active traders, the volume target is usually met through routine trading activity with no need for any extra effort. It essentially provides free funds to trade with until you reach the target.
Some other details worth reviewing:
If the bonus has an expiry date. Certain bonus structures expire if volume targets are not met within a specified period
What happens to your bonus funds if you withdraw your original capital before reaching the lot requirement
Whether the bonus works across all markets or only select ones
Every one of avatrade partner code these is normal broker terms. Simply scan the terms before signing up so you hit no issues later.
How to Use the AvaTrade Partner Code
The procedure take under ten minutes:
Go to the AvaTrade registration page
Complete your account information — name, email, phone number, location
Look for the promo code field on the registration form. It is usually labelled something like "Have a partner code?" or "Partner code"
Enter the partner code in that box
Submit your sign-up and complete the ID checks
Place your first deposit. The bonus gets credited without further action per the bonus bracket
The one thing to remember: the majority of brokers cannot let you add a partner code once registration is opened. Enter it in sign-up, not afterwards. There is generally no option to retroactively enter it after the account exists.
Is It Really Worth Using an AvaTrade Partner Code
To be direct: without question. There is no drawback. Your account terms remain identical. You just have extra capital in your account on top of your personal deposit.
A few minutes of work during sign-up for possibly hundreds or thousands in bonus trading money. By any measure that is a worthwhile exchange.
The only thing is getting your code from a verified directory rather than random web pages where codes may have stopped working. Check the broker's regulatory status, read the bonus conditions, and input the code during sign-up. That is genuinely all there is to it.