State of the Nation – Up to Date Reports on Which Brokers Can be Trusted – AvaTrade

Given the amount of technical and fundamental analysis which goes into running a successful investment strategy, it’s often surprising how many traders skip analysing the health of their broker. With some big-name brokers recently sharing performance updates, we’ve run the rule over some of the names to assess those currently looking strong enough to justify investors holding accounts with them. Here AvaTrade is under the microscope.

Source: AvaTrade

AvaTrade

Dublin based AvaTrade continues to develop a strong reputation in the trading community and has recently announced some further upgrades to its service. The regulatory framework of the broker has for some time been market-leading; it operates under licence from the Central Bank of Ireland, CySEC, ASIC, FSCA, FSA, FFAJ, ISA and B.V.I. FSC. Client funds are held in segregated accounts, so if the broker goes bust, funds are protected. The banks providing that service include safe bets like NatWest, Barclays, Commonwealth Bank, Soc Gen and ABSA Bank. There’s little more that could be done to improve on that part of the operation, but a range of new client-facing services have caught the eye.

AvaSocial

The new AvaSocial service allows clients to engage with other traders to exchange news, thoughts and ideas. At their discretion, AvaTrade account holders can copy trading signals and, from the 9^th of July, have even been able to do so using the MetaTrader MT5 platform.

Source: AvaTrade

MT5 at AvaTrade

One by-product of the promotion of the MT5 service for AvaTrade clients is that market coverage is also being improved. Newly listed stocks such as Robinhood (HOOD) can be traded on MT5, and a broker boosting the number of total instruments available is always good news.

AvaTrade Research

AvaTrade’s Weekly Webinars are another neat, innovative feature. The quieter summer months are an ideal opportunity to brush up on old skills and learn new ones and the easy-to-use format of the webinars means that the learning process is smooth.

The broker’s Demo accounts still expire after three weeks, which can be frustrating. That is, however, the other side of the coin in terms of the firm being strict adherents to compliance matters and running a tight ship. There is some value in pursuing the opportunity to test out the new services. AvaTrade Demo accounts can be found here.

Next Steps?

We at Forex Traders continue to receive messages from traders who have been scammed. Given the health of the broker sector, anyone considering signing up with a broker or switching broker could do worse than check out the reviews of trusted brokers. Even the newer entrants into the sector realise that being regulated with a Tier-1 authority such as the FCA is a fundamental first step towards attracting switched-on customers.

Crowdsourcing information about scam brokers can help others avoid falling into the traps set by disreputable brokers, and you can share your experiences here. If you want to know more about this particular topic or have been scammed by a fraudulent broker, you can also contact us at [email protected]

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Your capital is at risk

About the author: Justin Freeman

Justin is an active trader with more than 20-years’ industry experience of working for big banks and hedge funds. He has an inside knowledge of how the financial markets work, thanks to roles including trader on a $750m Event-Arbitrage desk and CRO and COO of hedge funds running a variety of strategies. From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. E. Shaw and Millennium Capital Management.

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Safest Forex Brokers 2025

	Broker	Info	Best In	Customer Satisfaction Score
#1	Your capital is at risk Founded: 2014	Global Forex Broker	BEST SPREADS Visit broker	4.8
#2	Your capital is at risk Founded: 2006	Globally regulated broker	BEST CUSTOMER SUPPORT Visit broker	4.9
#3	* 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money Founded: 2008	Global CFD Provider	Best Trading App Visit broker	5
#4	Between 74-89 % of retail investor accounts lose money when trading CFDs Founded: 2010	Global Forex Broker	Low minimum deposit Visit broker	4.9
#5	51% of retail CFD accounts lose money Founded: 2007	Global CFD & FX Broker (*Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more)	ALL-INCLUSIVE TRADING PLATFORM Visit broker	4.9
#6	Your capital is at risk Founded: 2009, 2015 and 2017	Global Forex Broker	Low minimum deposit Visit broker	5
#7	Your capital is at risk Founded: 2006	CFD and Cryptocurrency Broker	CFD and Cryptocurrency Visit broker	5

Forex Fraud Certified Brokers

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.