When you open an account with AvaTrade, there is a field on the registration form asking for a partner code. A lot of traders skip it without knowing what they are missing. Applying the correct partner code unlocks a welcome bonus that can be worth up to $10,000 in additional capital, determined by what you put in.
The partner code does not change your spreads in any way. Same spreads, unchanged order execution, same platform. You only receive extra capital alongside your personal deposit. It is basically bonus capital from the broker's advertising budget.
How Exactly Does the AvaTrade Partner Code Process Work
The setup is pretty simple. AvaTrade creates partner codes through their referral network. When a new trader uses a active code during account registration, the system records it. Once you place your initial deposit, the bonus is added to your account automatically.
The actual bonus is determined by your deposit amount. Larger deposits trigger larger bonuses. A few deposit tiers go up to thousands in promotional capital. The entire bonus goes directly into your live account and is used right away.
Why AvaTrade Even Has Partner Codes
It boils down to trader acquisition economics. Onboarding a new live trader typically costs a broker hundreds in advertising spend. Providing a deposit bonus that attracts a client who then delivers thousands in spread earnings over months is solid business for the broker.
Put simply it is not altruism. It is a strategic marketing cost for AvaTrade. But that is not a bad thing for the client. The bonus is real capital you can use. Both side walks away with something of value.
But Is AvaTrade Actually Regulated
Here is where AvaTrade separates itself from most rival brokers. They carry licences across nine jurisdictions worldwide. This includes tier-1 regulators like the CBI, ASIC, and Japan's FSA.
Cross-border regulation of this scope is not common among online brokers. Most brokers operate in one or a couple of regions. AvaTrade being overseen in that many offers a degree of confidence that few competitors can match.
They have been running since 2006, which puts them almost twenty years in the business. That length of longevity is worth noting when you are trusting a broker with your capital.
What Do You Really Trade on AvaTrade
AvaTrade supports a broad range of financial products. The core areas are:
Forex — over 50 FX pairs including the major pairs, minor pairs, and a selection of exotic pairs
Shares — CFDs on global shares from multiple markets
Commodities — including gold and silver, oil, natural gas, and soft commodities
Indices — key stock indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — BTC, Ethereum, and a range of welcome bonus for avatrade additional digital currencies
ETFs — a range of exchange-traded funds
Bonds — sovereign bond CFDs
The product range is better than average relative to the majority of CFD brokers. Most traders should find what they need with no need to having a second broker platform.
Trading Platforms Supported on AvaTrade
AvaTrade runs a number of trading platforms. The primary options are:
MetaTrader 4 — the global default for FX trading. Full charting, automated indicators, automated trading capability
MetaTrader 5 — the next-generation version with additional charting tools and enhanced backtesting
WebTrader — web-based platform with no download needed. Useful for fast execution from any device
AvaTradeGO — the smartphone app for iPhone and Android. Modern layout with complete account management features
AvaOptions — a dedicated tool for forex FX options. Relatively unusual among CFD brokers
In addition, AvaTrade supports social trading platforms like DupliTrade and ZuluTrade for social trading. It is possible to copy the strategies of experienced traders directly through those platforms.
What to Understand About the Bonus Terms
As with any broker bonus, there are conditions attached. get more info The main one is a trading volume requirement. You need to execute a specified volume prior to the bonus gets made withdrawable.
This is common across the industry. Not a single licensed broker allows you to just sign up, collect the bonus, and pull everything out. You hit the volume target as normal, then the bonus is released as withdrawable funds.
For active traders, this is often hit during normal trading activity without needing any change in behaviour. It basically gives you free funds to trade with while you meet the target.
Some other things to be worth reviewing:
Whether the bonus has a time limit. Certain bonus structures lapse if volume targets are not met within a set number of days
What happens to the bonus if you withdraw your original deposit prior to reaching the volume conditions
Whether the bonus works across all asset classes or only certain ones
Every one of these is normal industry terms. Simply check the conditions ahead of signing up so you hit no confusion down the line.
How to Use the AvaTrade Partner Code
The steps take maybe five minutes:
Head to the AvaTrade registration page
Complete your personal information — name, email, phone number, residence
Find the partner code box on the registration form. It is generally labelled along the lines of "Have a partner code?" or "Partner code"
Enter the partner code in that box
Complete your sign-up and complete the identity checks
Complete your first deposit. The extra funds will be added without further action based on the deposit level
The one detail to note: nearly all brokers cannot allow you to add a partner code after your account has been created. Use it at registration, not after. There is generally no method to retroactively apply it once the account is live.
Is It Really Worth It to Use an AvaTrade Partner Code
To be direct: absolutely. I see absolutely no downside. Your account terms are not affected. You just get bonus capital credited to your account on top of your own deposit.
A few minutes of effort during sign-up for up to hundreds or read more thousands in free trading money. I would call that a solid trade.
The only thing is getting your code from a active directory rather than unverified web pages where codes might have gone inactive. Check the broker's regulation, read the bonus terms, and input the code at registration. That is really all there is to it.