Online platforms have become one of the most preferred means of trading, because of the convenience that it offers its customers. People all over the world can use a common platform to carry out their trades, which tends to be a lot easier than the task of contacting an offline broker or even doing it yourself. With the surge of trading platforms out there, it is always essential to know which ones are the good platforms, and which ones are just out there to scam their customers. In this review, we look at AvaTrade, which has been gaining a lot of popularity over the last few months.
Entering AvaTrade For The First Time
When you enter the site for the very first time, your will see a lot of trading options that you can choose from. The site offers a platform that allows its users to mainly trade in forex and CFD, which is one of the more commonly used trade options that people tend to go in for. The front page also shows you handy data of possible trades that you can carry out, and the current rates which are going around of different currencies.
Trying It Out Through A Demo Account
One of the best things that we found about AvaTrade was the ability to create a demo account and try out the platform for yourself. Through this, one can figure out if the platform works for them or not. Overall, the trading platform is considered to be easy to use and is incredibly user-friendly. Even someone who has never used a trading platform before will be able to make use of this one provided by AvaTrade.
Creating A Real Account
If you are satisfied with what you see from the trial account, and like how the site operates, you can create a real account, which would require you to fill in all your details and set up your trading account. The process to do this is incredibly intuitive and easy to perform. In addition to creating a real account with AvaTrade, users are required to deposit a total of 100 euros into the account to be able to start conducting their forex trades.