AvaFx - Review On AvaFx Forex Broker

Avafx was created in 2006 by a few professionals in the financial industry. AvaFx is a progressively growing forex broker with more than 50000 clients to date. Their Forex Trading software was built for ease of use and is exceedingly intuitive. But that does not mean it cannot comply with the needs of more advanced Forex traders.

They name their accounts after the precious metals silver, gold as well as platinum. Silver accounts require a minimum deposit of $100 while their regular Gold accounts need a deposit no less than $1000. Any deposit larger than $10000 will get the client a Platinum account.

Avafx always has great promotions for new clients with as much as $150 free bonus deposit for new silver accounts. Ava Trader is the name of their forex trading platform. Those looking to test their trading software can do so by signing up for a Free Forex Demo Account .

Along with currencies, customers also have access to the S&P 500, Nasdaq 100, DAX 30 and recognizable commodities. These trading instruments are not commonly found with most top online forex brokers.

Spreads are exceptionally reasonable and no commissions are charged. Leverage offered is 200:1. Funds can be deposited through Paypal, credit card, bank wire or check.

They are a dependable online broker that is audited by Ernst&Young every four months.

All deposits are held at the highly regarded German bank, Commerzbank which is located in Frankfurt.

Customers have the option to withdraw their funds in the form of E-Gold or E-currency.

Forex trading is explained exceedingly well through their numerous tutorials. Live support is on standby twenty four hours a day for any questions you should have.

Upon opening a live account, Avafx assigns a customer service representative to the new client. This representative will be in charge of customer service from then on. Callback requests are accepted which shows their devotion to customer service.