AvaTrade is regulated in Germany. Does it work?

AvaTrade is a popular broker in Germany. Many German traders wonder if AvaTrade can operate legally there. It is best to select a broker with a license from the country where the trader operates. This is why many potential clients ask: “Is AvaTrade regulated in Germany?” Our experts conducted an Avatrade Germany analysis. You will find out if the broker has a license in Germany and if it’s safe to do business with them.

AvaTrade, with over 300,000 customers registered worldwide, executes over two million trades per month. This totals a monthly trading volume of over $70 billion. This is one of the biggest forex and CFD broker.

AvaTrade, an online broker regulated by the Financial Conduct Authority, offers a variety of trading instruments, including currency pairs, cryptocurrency, stocks, indexes, and commodities. The Company, founded in 2006, now serves clients from over 150 countries. AvaTrade’s financial activities are regulated by several authorities, including the Central Bank of Ireland, the Japanese Financial Services Authority, and the Central Bank of Ireland. Avatrade Germany is currently not regulated by BaFIN. The Company offers German customer service and complies with MiFID II. AvaTrade offers a reliable and safe broker to German traders.

Is AvaTrade available in Germany?

AvaTrade can be used in Germany. Dublin is the Company’s headquarters. It also has offices in Tokyo, Japan—Milan, Italy; Sydney, Australia; and Port Louis in Mauritius. AvaTrade, a subsidiary of Avatrade Germany Group Limited, is licensed and regulated by the Central Bank of Ireland. A broker that has multiple trading centres and offices around the world clearly defines it as a global player when it comes to Forex brokers. 

Is AvaTrade Legit?

 AvaTrade is a licensed online broker in Germany. The Central Bank of Ireland regulates it, and the MiFID licenses it. AvaTrade is an Irish company that has been operating since 2006.

The broker offers many tradable products, such as forex, CFDs, and stocks. It also has indices. It also offers excellent trading conditions, such as low commissions and quick execution.

What is AvaTrade (In short)?

AvaTrade, a company based in Dublin (Ireland), was established in 2006. It has 10 offices around the world. The Company currently processes over 2,000,000 transactions per month and has more than 300,000 registered users. AvaTrade is a trusted and reliable broker because of these factors.

• Account currency: AUD, JPY, GBP, USD, EUR, CHF
• Minimum deposit:100$
• Leverage:1:30 to 1:400
• Spread: From 0.9 to 3 pips
• Instruments: Forex Pairs, Cryptocurrencies, and Indices. Stocks, bonds, vanilla options, ETFs
• Margin Call / Stop Out:25% / 10%

What is Avatrade Germany’s Minimum Deposit?

Avatrade Germany doesn’t charge any deposit fees; its minimum deposit amount is EUR 100. This makes it very affordable for new traders.

Regulation of AvaTrade in Germany

AvaTrade, a German-regulated broker, is legit. It is licensed by BaFin, which is Germany’s main financial regulator. German traders can trade confidently, knowing their broker has been subjected to stringent regulations.

AvaTrade MetaTrader 4, a trading platform available to AvaTrade users

MT4 has been around in the Forex Trading Platform industry since 2002. It is the benchmark for online FX trading. MT4 can be easily customized, is user-friendly and comprehensive, and is easy for beginners. MetaTrader 4 is equipped with the latest technology and security standards. MetaTrader 4 supports MQL4 programming (MetaQuotes Language 4), allowing the creation of a variety of customized trading instruments. MQL4 was developed using the C++ programming language. Its flexibility allows it to be used for the design of the following tools:

• Expert Advisors: EAs allow automated trading strategies to be applied on the foreign exchange markets.
• Custom Indicators: Besides the technical indicators built in, traders may also create mathematical tools and indicators to carry out any analysis based on conditions previously defined by the trader.
• Scripts– A script is a program that can perform any task on the Trading Platform. You could use a script that closes all open orders and deletes all indicators on the chart when an asset reaches predetermined prices.

To sum it up, MT4 offers many features to customize your trading experience.

Metatrader 5

MT5 boasts a multi-functional, state-of-the-art platform with advanced trading systems and technical tools. It also offers copy trading, which allows traders to copy and trade other traders’ strategies.

MetaTrader 5 is a multi-functional platform that accommodates more advanced trading requirements across a wider range of asset classes (stocks, cryptocurrency, etc.) than its predecessor MT4.

AvaOptions

AvaOptions, as its name suggests, is a platform specializing in Options Trading on 40 pairs of FX. It is a specialized platform that allows for many Trading variants other platforms do not.

AvaTradeGo

AvaTradeGo voted Best Forex Trading App 2020, offers an intuitive dashboard with clear charts and zoom to see details. It also includes several other helpful features. Below is a screenshot of the platform.

AvaTradeTrade with AvaTrade and enjoy the benefits

AvaTrade has over 200,000 clients, making it one of the largest online brokers. AvaTrade offers many financial instruments for trading, such as Forex, CFDs, and cryptocurrency. AvaTrade has been regulated by the Central Bank of Ireland, the Japanese Financial Services Authority, and other top financial institutions.

The Company offers its customers several benefits, such as:

• AvaTrade has operated for more than 15 years as a trustworthy and safe broker.
• Negative balance protection is offered by the broker to all traders. This means your balance will be as high as when you opened.
• AvaTrade offers a wide range of platforms and tools for traders of all skill levels.
• The broker offers 24/5 customer support in multiple languages.

Avatrade Germany The pros and cons of AvaTrade

AvaTrade’s advantages of trading:

a wide range of trading instruments;

• There is a license for providing services on 5 continents.
• Customer service is available 24/7 and offers assistance in 14 different languages.
• a wide choice of convenient trading platforms;
• Ability to Trade from Mobile Devices;
• the availability of an account for Muslims (swap-free);
• To store customer money safely, the broker will use a separate account.
• Option for automated trading with trading advisors and indicators;
• No restrictions on trading and scalping.
• The availability of materials for training and webinars to help both beginners and more experienced traders.

Disadvantages of AvaTrade:

• The site interface is not user-friendly;
• Customer service response times and efficiency
• Trading terminals can freeze at times.

What is the importance of a license for a German broker?

You need to ensure that the German regulator of financial institutions, BaFIN, has licensed your forex broker if you plan to trade in Germany. BaFIN is the German financial regulator and regulates all institutions, including forex brokers.

BaFIN must license a broker for them to operate legally in Germany. The broker must meet the requirements of the BaFIN, including a capital minimum and strict money-laundering rules.

A licensed broker must also be subjected to BaFIN’s regular audits and comply with their regulations. Investors are protected against fraudulent or unethical activities.

AvaTrade Safety and Security Procedures

AvaTrade has took a variety of security measures to safeguard its customers and their money. The Company has been registered with a variety of financial institutions, including the Central Bank of Ireland and MiFID. AvaTrade will be subject to tight regulations and supervision. All client funds are also held separately in top-tier bank accounts. Your money will always be safe.

AvaTrade uses the most advanced security technology to safeguard your personal and account information. The data on AvaTrade is stored securely and encrypted with SSL. Two-factor authentication can be used for extra peace of mind. AvaTrade is committed to security and safety and has taken various steps to ensure its customers’ protection.

AvaTrade Support Services and Customer Care

AvaTrade, a reliable online broker with a high level of trustworthiness and reliability, offers its customers a variety of services and customer support. A dedicated team of customer service representatives is available 24/7 to assist you with any queries or questions.

AvaTrade also offers its customers a variety of educational materials, such as video tutorials, webinars, and trading guides. You can use these resources to improve your knowledge and trading skills so you can make better and more profitable trades.

Avatrade Germany, in conclusion, is an online trading platform regulated by BaFIN. AvaTrade offers a wide range of services and trading instruments to German and international traders, such as access to forex, commodities, stock markets, indices, cryptocurrencies, and other equities. AvaTrade’s user-friendly design and a wide array of educational materials for both new and experienced traders, as well as its advanced features, are sure to satisfy the demands of German traders.

FAQ’s 

1. AvaTrade is regulated by German Financial Authorities?

AvaTrade has been authorized by BaFin, the German Federal Financial Supervisory Authority.

2. Is AvaTrade a legitimate company?

AvaTrade provided online trading services in 2006, so it is legitimate.

3. How can I get an AvaTrade account?

AvaTrade provides three different types of accounts: Demo, Real, and VIP. A real account requires a minimum of EUR100.

4. AvaTrade allows you to trade a wide range of different assets.

AvaTrade provides a variety of trading instruments, including Forex, CFDs (contracts for difference), cryptocurrencies, and ETFs.

5. When I use AvaTrade, do I have to pay tax?

You are required to pay tax on all profits made when you trade with AvaTrade. You are responsible for declaring and paying the taxes applicable in your home country.

6. How does AvaTrade protect my money?

AvaTrade provides a safe and regulated environment for trading. Client funds are kept in separate accounts at Tier 1 banks and are encrypted using SSL.