If you open an account with AvaTrade, there is a section on the registration page that asks for a partner code. A lot of traders ignore it without knowing what they are giving up. Using the right partner code triggers a deposit bonus that can be worth up to $10,000 in extra funds, determined by the amount you deposit.
The partner code will not affect your trading conditions in the slightest. Same spreads, unchanged order execution, unchanged platforms. You just receive extra money on top of your initial deposit. It is basically extra funds from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code System Work
The system is simple. AvaTrade distributes partner codes through their affiliate programme. When an incoming trader uses a valid code during the account opening process, the system flags it. After you complete your initial deposit, the bonus gets applied to your account automatically.
The size of the bonus scales with your deposit size. Bigger deposits trigger larger bonuses. Some deposit levels can hit thousands in bonus money. The entire bonus goes straight into your trading account and can be traded with from day one.
Why AvaTrade Offers Partner Codes
The reason is client acquisition costs. Getting a new funded trader typically costs a broker a fair amount in promotional spend. Offering a deposit bonus that attracts a client who then creates far more in spread income over their trading lifetime is sound ROI for the broker.
In other words it is not altruism. It is a strategic promotional investment for AvaTrade. But it is no problem for the client. The bonus is actual money you can deploy. Both side gets something of value.
But Is AvaTrade Legitimately Trustworthy
This is actually one area where AvaTrade does well from a lot of other brokers. They carry regulatory oversight in 9 countries worldwide. That includes tier-1 bodies like the CBI, ASIC, and the FSA in Japan.
Global regulation of this scope is rare among online brokers. Most brokers hold a licence in a single or two regions. AvaTrade being licensed in nine offers a degree of trust that most other brokers come close to.
The broker have been running since 2006, which gives them nearly two decades in the space. That kind of track record is relevant when you are handing a broker with your deposits.
What Can You Really Trade on AvaTrade
AvaTrade supports a wide variety of tradable products. The main asset classes include:
Forex — more than 50 currency pairs covering the majors, crosses, and a selection of exotic pairs
Stocks — contracts on global shares from various exchanges
Commodities — covering gold and silver, oil, natural gas, and soft commodities
Indices — major stock indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, ETH, and a selection of additional digital tokens
ETFs — a selection of popular ETF funds
Fixed income — government bond CFDs
The market coverage is solid versus most retail brokers. Most traders are likely to find what they need without needing another broker platform.
The Platforms Available at AvaTrade
AvaTrade provides access to a few different trading platforms. The core choices include:
MetaTrader 4 — the global default for FX trading. Full charting, custom indicators, EA support capability
MetaTrader 5 — the updated iteration with extra timeframes and improved backtesting
WebTrader — browser-based trading with no install required. Useful for fast trading from any connected computer
AvaTradeGO — the smartphone app for iPhone and Android. Modern design with full account management functionality
AvaOptions — a specialised platform for trading FX options. Quite niche among CFD brokers
Beyond those, AvaTrade connects to social trading platforms including DupliTrade and ZuluTrade for social trading. It is possible to mirror the trades of other traders directly via the connected platforms.
What to Check About the Welcome Bonus Terms
Like all broker bonus, there are requirements involved. The key one is a trading volume requirement. You need to complete a here set volume before the bonus becomes withdrawable.
That is typical across all brokers. No licensed broker will let you just deposit, grab the bonus, and leave. You use the account as normal, then the bonus becomes withdrawable money.
If you are active traders, the volume target is typically reached via regular trading habits with no need for any special effort. It basically adds additional money to trade with as you meet the threshold.
A few other details worth reviewing:
Whether the bonus has a validity period. Some promotional structures lapse if requirements are not met within a fixed number of days
What happens to the bonus if you cash out your own funds prior to reaching the lot requirement
If the bonus works across all markets or only particular ones
All of this is typical promotional terms. Just scan the terms prior to funding your account so there are no unexpected catches when you try to withdraw.
How to Apply the AvaTrade Partner Code
The procedure takes maybe five minutes:
Go to the AvaTrade sign-up page
Complete your registration info — name, email, phone number, location
Find the promotional code input on the sign-up form. It is usually labelled something like "Have a partner code?" or "Partner code"
Input the partner code in that box
Finish 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 will not let you add a partner code after the account has get more info been completed. Input it in the account opening process, not later. It is typically no option to retroactively apply it once the account has been opened.
Is It Really Worth It to Using an AvaTrade Partner Code
In a word: absolutely. There is no drawback. Your trading conditions do not change. You only start with additional capital credited to your account in addition to your personal deposit.
Five minutes of effort during registration for up to hundreds or thousands in bonus trading cash. I would call that a solid deal.
The only thing is getting your code from a current source rather than outdated web pages where codes may have been discontinued. Verify the broker's regulation, understand the bonus conditions, and input the code during sign-up. That is honestly all there is to it.