Once you open an account with AvaTrade, you will notice a box on the registration page that asks for a partner code. Most people ignore it without realising what they're missing. Using the right partner code unlocks a sign-up bonus that is worth up to thousands of dollars in bonus money, depending on the amount you fund your account with.
The partner code does not alter your trading conditions in any respect. Unchanged spreads, same order execution, unchanged platform. You simply receive free capital in addition to your personal deposit. It's essentially bonus capital from the broker's advertising budget.
How Exactly Does the AvaTrade Partner Code Work
The process is pretty simple. AvaTrade distributes partner codes through their partnership program. When an incoming trader uses a working code during account registration, the platform flags it. After you place your opening deposit, the bonus gets added to your account on its own.
The size of the bonus is determined by your deposit level. Higher deposits earn more generous bonuses. A few deposit brackets can hit significant amounts in promotional cash. All of it goes straight into your live account and is deployed from day one.
Why AvaTrade Even Has Partner Codes
It comes down to trader acquisition numbers. Onboarding a new depositing trader typically costs a broker a fair amount in advertising costs. Offering a deposit bonus that brings in a customer who then generates multiples in fee income over years is good business for the broker.
In other words it is not generosity. It is a calculated marketing investment for AvaTrade. But that is perfectly fine for the client. The bonus is actual money you can trade with. Each side gets something they want.
Is AvaTrade Legitimately Safe
Here is one area where AvaTrade separates itself from a lot of rival brokers. They are regulated by regulation across 9 jurisdictions around the world. This includes tier-1 authorities like the CBI, ASIC, and FSA Japan.
Cross-border regulation at this level is unusual among online brokers. The majority of brokers are regulated in just one or two regions. AvaTrade being licensed in that many provides an amount of trust that not many rivals offer.
The broker have been operating since 2006, which puts them almost two decades in the space. That kind of operating history counts for something when you are entrusting a broker with your money.
What Do You Actually Trade on AvaTrade
AvaTrade supports a wide variety of tradable markets. The key areas are:
Forex — more than 50 currency pairs including all the major pairs, crosses, and some exotic pairs
Equities — CFDs on major shares from various exchanges
Commodities — including precious metals, oil, energy markets, and soft commodities
Indices — the main market indices such as the S&P 500, FTSE, DAX, and more
Cryptocurrencies — Bitcoin, ETH, and a selection of smaller digital assets
ETFs — various popular ETF funds
Fixed income — government bond CFDs
The market selection is better than average compared to many online brokers. Most traders should find enough with no need to requiring another broker platform.
Trading Platforms On Offer on AvaTrade
AvaTrade offers a number of execution platforms. The primary choices are:
MetaTrader 4 — the industry benchmark for retail forex trading. Full charting, custom indicators, Expert Advisors capability
MetaTrader 5 — the updated version with more charting tools and improved backtesting
WebTrader — web-based platform with no install required. Good for quick execution from any connected computer
AvaTradeGO — the smartphone app for iOS and Android. Intuitive layout with full trading capability
AvaOptions — a dedicated tool for forex vanilla options. Relatively niche among CFD brokers
Beyond those, AvaTrade connects to social trading platforms including DupliTrade and ZuluTrade for social trading. You can copy the strategies of top-performing traders directly through the connected platforms.
What to Be Aware Of About the Partner Code Bonus Conditions
As with any trading promotion, there are terms tied to it. The primary one is a turnover requirement. You have to trade a specified volume before the bonus gets made cashable.
This is standard across all brokers. No regulated broker will let you just deposit, grab the bonus, and leave. You trade as normal, then the bonus converts to unrestricted funds.
If you are active traders, the volume target is typically reached during regular trading habits with no need for any extra effort. It essentially provides bonus capital to trade with while you hit the conditions.
Some other details to be worth noting:
If the bonus has an expiration. Some bonus structures become void if volume targets are not met within a specified timeframe
What happens to the bonus if you pull out your initial capital before reaching the trading conditions
If the bonus applies to all markets or only select ones
Every one of these is standard industry practice. Just check the bonus terms ahead of depositing so there are no unexpected catches after the fact.
How to Enter the AvaTrade Partner Code
The check here steps takes maybe five minutes:
Go to the AvaTrade sign-up page
Complete your registration info — your name, email, contact details, country
Look for the partner code field on the sign-up form. It is usually shown as along the lines of "Have a partner code?" or "Partner code"
Paste the partner code in that box
Finish your sign-up and complete the ID verification
Make your first deposit. The bonus will be deposited without further action per the bonus level
One thing to be aware of: the majority of brokers do not let you enter a partner code once your account is completed. Apply it at registration, not later. There is usually no method to go back and apply it after the account is live.
Is It Worth It to Using an AvaTrade Partner Code
Short answer: definitely. There is no drawback. Your account terms remain identical. You just have extra funds in your account on top of your personal deposit.
Five minutes of work during sign-up for possibly hundreds or thousands in bonus trading money. By any measure that is a worthwhile deal.
The only thing is using a active directory rather than outdated blog articles where codes could have gone inactive. Confirm the broker's regulation, review the bonus T and Cs, and use the code at sign-up. That is really all there is to it.