AvaTrade Review

In total, avatrade offers over a thousand different assets and financial markets for trading. You can start trading from one hundred dollars, there is a free demo account, max leverage 1: 400, training, fixed and floating spreads, a mobile application, platforms of classic options. I trade cryptocurrencies here, I am satisfied with the broker, everything is executed clearly and quickly.

I want to tell you about my not very pleasant experience with the forex broker AvaTrade. I cannot say that my opinion about working with this broker and its employees is objective, so below I will simply describe what happened to me.
I opened a demo account and started trading on it. During the first three days, I made and closed 6 trades, increasing the size of the initial demo deposit by about 30%. On the fourth day, the manager of AvaTrade called me and offered to open a real account, praising me on how well I did with trading on a demo account. In addition, the manager of AvaTrade said that they have a special promotion now and that my $ 200 deposit will be doubled. Probably, it was the possibility of doubling the deposit that bribed me. I opened a real account and transferred 200 USD to it, and indeed the deposit was doubled and the account turned out to be 400 USD. But my joy was short-lived, the next day I use the same trading strategy that I had previously applied on a demo account, opened a position on a real account. The position immediately became unprofitable and my $ 400 was lost in about an hour. I think that in my particular case, the scheme of Avatrade's work was as follows - 1) give an opportunity to make money on a demo account; 2) convince the client to open a real account and deposit money; 3) bankrupt the client's account. This is my story, but it's up to you to decide whether or not to trust this broker.