When you open an account with AvaTrade, you will notice a box on the registration form asking for a partner code. Most people leave it blank without realising what they're missing. Applying the proper partner code activates a welcome bonus that goes up to thousands of dollars in bonus capital, based on how much you fund your account with.
The partner code does not touch your commissions in any way. Same spreads, unchanged order execution, unchanged platforms. You just receive extra money on top of your initial deposit. It's basically extra funds from the broker's promotional budget.
How Does the AvaTrade Partner Code Process Work
The process is pretty simple. AvaTrade issues partner codes as part of their partnership program. When a prospective trader inputs a working code during sign-up, the platform records it. Once you process your opening deposit, bonus funds is deposited to your account on its own.
The actual bonus depends on your deposit amount. Higher deposits qualify for bigger bonuses. A few deposit tiers go up to thousands in extra money. All of it goes directly into your live account and is used right away.
Why AvaTrade Offers Partner Codes
It boils down to trader acquisition costs. Signing up a new active trader already costs a broker significant money in promotional budget. Offering a deposit bonus that attracts a client who then creates multiples in fee revenue over years is smart maths for the broker.
In other words it is not altruism. It is a strategic marketing cost for AvaTrade. But that is perfectly fine for the trader. The bonus is genuine money you can trade with. Each side walks away with something they want.
But Is AvaTrade Really Trustworthy
This is where AvaTrade stands out from a lot of rival brokers. They carry regulatory oversight in multiple regulatory bodies worldwide. That includes tier-1 authorities like the Central Bank of Ireland, ASIC in Australia, and Japan's FSA.
Multi-jurisdiction regulation at this level is unusual among CFD brokers. Many brokers operate in a single or a couple of jurisdictions. AvaTrade being regulated in that many provides a level of oversight that few rivals can match.
They has been operating since 2006, which gives them nearly two decades in the business. That length of history matters when you are entrusting a broker with your money.
What Can You Really Trade on AvaTrade
AvaTrade covers a decent selection of financial products. The main asset classes cover:
Forex — over 50 FX pairs covering all the major pairs, minors, and some exotics
Shares — exposure to major equities from multiple global exchanges
Commodities — including gold and silver, oil, natural gas, and soft commodities
Indices — global stock indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — BTC, ETH, and a selection of additional digital assets
ETFs — various popular ETF funds
Fixed income — government bond instruments
The market range is competitive compared to many online brokers. The majority of traders will find enough with no need to requiring a second broker account.
Trading Platforms On Offer with AvaTrade
AvaTrade supports a number of execution platforms. The main platforms include:
MetaTrader 4 — the industry benchmark for FX trading. Full charting, automated indicators, read more automated trading support
MetaTrader 5 — the updated iteration with more order types and better strategy testing
WebTrader — web-based platform with no installation needed. Good for quick access from any device
AvaTradeGO — the mobile app for iOS and Android. Clean interface with full trading capability
AvaOptions — a dedicated platform for trading vanilla options. Relatively uncommon among online brokers
Additionally, AvaTrade connects to third-party platforms like DupliTrade and ZuluTrade for copy trading. It is possible to mirror the positions of established traders automatically via those platforms.
Things to Be Aware Of About the Welcome Bonus Conditions
As with every broker bonus, there are conditions attached. The standard one is a turnover requirement. You have to execute a certain volume prior to the bonus is made cashable.
This is standard across the forex space. Not a single reputable broker allows you to just sign up, take the bonus, and leave. You hit the volume target as normal, then the bonus is released as real funds.
If you are active traders, the volume target is often hit through more info routine trading activity without needing any extra trading. The bonus effectively gives you free funds to trade with until you reach the conditions.
Some other details worth checking:
Whether the bonus has a time limit. Some promotional offers become void if volume targets are not met within a specified period
What happens to your bonus funds if you pull out your initial deposit prior to meeting the trading requirement
Whether the bonus works across all instruments or only select ones
All of this is normal promotional terms. Just check the terms before signing up so you hit here no confusion later.
How to Use the AvaTrade Partner Code
The steps take under ten minutes:
Navigate to the AvaTrade registration page
Complete your registration details — name, email, phone number, location
Locate the partner code field on the registration form. It is typically marked along the lines of "Have a partner code?" or "Partner code"
Paste the partner code in that field
Complete your sign-up and complete the account steps
Complete your first deposit. The bonus gets added on its own according to the deposit level
The one point to note: nearly all brokers do not let you apply a partner code after the account is created. Enter it during registration, not later. It is generally no option to go back and apply it once the account exists.
Is It Really Worth It to Using an AvaTrade Partner Code
In a word: absolutely. There is absolutely no drawback. Your commissions are not affected. You only start with extra capital added to your account in addition to your own deposit.
A few minutes of work during registration for up to thousands in bonus trading cash. I would call that a fair deal.
The only thing is getting your code from a current site rather than unverified blog articles where codes may have stopped working. Verify the broker's regulation, understand the bonus conditions, and enter the code at registration. That is honestly all there is to it.