Once you sign up for AvaTrade, you will notice a box on the registration form that asks for a partner code. A lot of new users leave it blank without understanding what they are giving up. Entering the proper partner code activates a sign-up bonus that can be worth up to ten thousand dollars in bonus money, depending on the amount you fund your account with.
The partner code does not alter your spreads in any respect. Unchanged spreads, identical fills, same platforms. You just get bonus capital in addition to your personal deposit. It's essentially bonus capital from the broker's advertising budget.
How Does the AvaTrade Partner Code System Work
The system is pretty simple. AvaTrade distributes partner codes through their partnership program. When a prospective trader enters a valid code during sign-up, the broker's backend recognises it. Once you complete your initial deposit, the bonus gets added to your account on its own.
The size of the bonus scales with your deposit level. Larger deposits unlock bigger bonuses. Certain deposit levels go up to several thousand in promotional cash. The entire bonus goes straight into your trading account and can be traded with right away.
Why AvaTrade Bothers With Partner Codes
This is really about customer acquisition costs. Acquiring a new live trader costs a broker hundreds in promotional expenses. Providing a promotional credit that secures a client who then produces thousands in fee earnings over their trading lifetime is solid economics for the broker.
So it is not charity. It is a calculated marketing investment for AvaTrade. But it is no problem for you. The bonus is genuine capital you can put to work. Each side gets something of value.
But Is AvaTrade Really Regulated
This is one area where AvaTrade does well from a lot of rival brokers. They are regulated by licences from 9 jurisdictions globally. That includes tier-1 bodies like the Central Bank of Ireland, ASIC in Australia, and FSA Japan.
Multi-jurisdiction regulation of this scope is uncommon among CFD brokers. A lot of brokers operate in a single or two regions. AvaTrade being regulated in that many provides an amount of trust that not many competitors offer.
The broker have been operating since 2006, which puts them almost two decades in the business. That kind of longevity is relevant when you are trusting a broker with your deposits.
What Can You Really Trade on AvaTrade
AvaTrade offers a decent range of financial assets. The core asset classes include:
Forex — over 50 FX pairs covering the majors, minor pairs, and several exotics
Shares — exposure to individual stocks from several global exchanges
Commodities — including precious metals, oil, energy markets, and soft commodities
Indices — global stock indices like the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, Ethereum, and several smaller digital assets
ETFs — a selection of exchange-traded funds
Bonds — government bond instruments
The market coverage is strong relative to many online brokers. The majority of traders should find sufficient coverage with no need to requiring an additional broker platform.
Trading Platforms Available on AvaTrade
AvaTrade runs a few different execution platforms. The key platforms include:
MetaTrader 4 — the global default for FX trading. Comprehensive charting, automated indicators, automated trading built in
MetaTrader 5 — the next-generation iteration with extra timeframes and enhanced strategy testing
WebTrader — web-based trading with no download required. Good for quick execution from any connected computer
AvaTradeGO — the mobile trading app for iOS and Android. Clean interface with complete charting functionality
AvaOptions — a specialised platform for forex FX options. Fairly unusual among online brokers
In addition, AvaTrade integrates with social trading platforms such as DupliTrade and ZuluTrade for social trading. You can follow the strategies of top-performing traders automatically through the connected platforms.
Things to Know About the Partner Code Bonus Terms
Like every broker promotional offer, you will find conditions involved. The primary one is a trading volume requirement. You must trade a set volume before the bonus gets made yours to keep.
That is standard across the forex space. Not a single regulated broker lets you just sign up, collect the bonus, and leave. You use the account first, then the bonus is released as withdrawable money.
If you are regular traders, this is generally hit via regular trading activity with no need for any extra trading. The bonus essentially adds bonus funds to trade with while you satisfy the target.
Some other things to be worth noting:
If the bonus has a time limit. Certain bonus structures become void if volume targets are not met within a set window
What happens to the bonus if you pull out your initial deposit before hitting the volume threshold
If the bonus covers all trading products or only certain ones
All of this is normal industry conditions. Simply read the conditions prior to depositing so there are no confusion down the line.
How to Enter the AvaTrade Partner Code
The steps take maybe five minutes:
Visit the AvaTrade sign-up page
Complete your registration details — name, email, phone number, location
Find the promo code box 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 identity verification
Place your first deposit. The welcome bonus is applied on its own per the bonus bracket
The one thing to note: most brokers do not let you add a partner code once registration has been opened. Enter it in the account opening process, not afterwards. There is generally no method to go back and apply it here after the account is live.
Is It Worth It to Using an AvaTrade Partner Code
In a word: yes. I see zero downside. Your spreads do not change. You simply receive free money credited to your account in addition to your own deposit.
Under ten minutes of your time during sign-up for up to thousands in free trading funds. By any measure that is a worthwhile exchange.
The only thing is getting your code from a current site rather than old listings where codes might have expired. Confirm the broker's regulatory status, understand the bonus terms, and input the code during sign-up. That is really all there is to it.