AvaTrade is one of the trading platforms which is perceived to give its users a unique trading opportunity as well as experience. But before you decide whether to work along with the company below is a review on AvaTrade which will probably help you make an informed decision.
Before we get started, it is important to understand that there are very few forex brokers who survive in the market for more than five years. AvaTrade has however been in existence since the year 2006. There are various factors that anyone should always consider while looking for a forex broker. One of those factors is experience. Dealing with an experienced forex broker reduces the level of risk since the broker already has been in business for long and understands how the market operates.
AvaTrade has a client base of over 200,000 clients around the world and present in 160 plus countries. It is estimated that AvaTrade customers transact over $60 billion on a monthly basis. That implies over 2 million trades every month. The other advantage or unique thing about AvaTrade is that it offers cryptocurrency trading services. Considering the recent increase in value of Bitcoin and other digital currencies, a lot of people are seeking experienced and credible brokers whom they can trade with.
AvaTrade Review: who owns it?
One of the easiest ways of distinguishing a genuine company and a scam is to find out the people behind it. AvaTrade was founded back in 2006 by a group of financial gurus namely; Emanuel Kronitz and Negev Nosatzki in collaboration with Clal Finance. This is contrary to most forex brokerage companies who hide the identity of the real owners. In addition to ownership, AvaTrade meets international regulatory standards for conducting forex brokerage business.
AvaTrade has been in business for over a decade. Its founders are well known and the company is present in over 160 countries globally.
AvaTrade offers the best trading experience to its customers, and that is probably why it has gained trust among many forex traders worldwide. The company is one of the most transparent and experienced in forex business.