When you open an account with AvaTrade, you will notice a section on the registration page that asks for a partner code. A lot of new users ignore it without knowing what they are giving up. Using the right partner code activates a sign-up bonus that is worth up to $10,000 in additional money, based on how much you fund your account with.
The partner code does not touch your fees in any respect. Unchanged spreads, identical execution, unchanged platform. You only receive extra money on top of your initial deposit. It is basically free money from the broker's promotional budget.
How Does the AvaTrade Partner Code System Work
The process is not complicated. AvaTrade creates partner codes as part of their partnership network. When a new trader types in a valid code during sign-up, the broker's backend registers it. After you make your initial deposit, the bonus gets deposited to your account automatically.
The size of the bonus scales with your deposit size. Bigger deposits earn bigger bonuses. Certain deposit brackets can reach several thousand in extra cash. The full amount goes directly into your live account and is used straight away.
Why AvaTrade Bothers With Partner Codes
It comes down to customer acquisition economics. Signing up a new depositing trader costs a broker significant money in promotional budget. Giving a deposit bonus that attracts a client who then creates far more in spread income over time is sound ROI for the broker.
In other words it is not charity. It is a calculated marketing cost for AvaTrade. But it is perfectly fine for the trader. The bonus is real capital you can trade with. Each party receives something worthwhile.
But Is AvaTrade Really Safe
Here is where AvaTrade stands out from most rival brokers. They carry regulation in nine jurisdictions worldwide. Covering tier-1 bodies like the Central Bank of Ireland, ASIC, and the FSA in Japan.
Multi-jurisdiction regulation of this scope is rare among retail brokers. A lot of brokers operate in just one or two jurisdictions. AvaTrade being overseen in 9 provides a level of oversight that few competitors offer.
AvaTrade has been active since 2006, which puts them close to twenty years in the industry. That kind of longevity is relevant when you are trusting a broker with your deposits.
What Can You Really Trade on AvaTrade
AvaTrade supports a wide spread of tradable assets. The core asset classes are:
Forex — more than 50 currency pairs covering all the major pairs, minors, and several exotics
Shares — CFDs on major equities from several global exchanges
Commodities — including gold and silver, oil, natural gas, and soft commodities
Indices — global stock indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, ETH, and a selection of additional digital assets
ETFs — various popular ETF funds
Bonds — sovereign bond instruments
The instrument selection is strong relative to the majority of retail brokers. Most traders are likely to find what they need without requiring an additional broker account.
Trading Platforms Supported with AvaTrade
AvaTrade offers a number of execution platforms. The main choices are:
MetaTrader 4 — the global default for FX trading. Full charting, automated indicators, automated trading built in
MetaTrader 5 — the newer version with more order types and better strategy testing
WebTrader — web-based platform with no installation required. Good for quick trading from any computer
AvaTradeGO — the smartphone app for iPhone and Android. Modern design with complete account management functionality
AvaOptions — a specialised tool for trading vanilla options. Fairly uncommon among online brokers
In addition, AvaTrade supports external platforms including DupliTrade and ZuluTrade for social trading. It is possible to mirror the trades of other traders directly through the connected platforms.
What to Check About the Welcome Bonus Terms
As with any trading promotional offer, expect requirements involved. The key one is a lot requirement. You have to trade a certain volume prior to the bonus gets made yours to keep.
That is typical across the forex space. No regulated broker lets you just sign up, collect the bonus, and leave. You use the account first, then the bonus is released as unrestricted capital.
For frequent traders, this is usually achieved during regular trading activity without needing any extra trading. The bonus effectively provides extra money to trade with while you satisfy the threshold.
A few other details worth being aware website of:
Whether the bonus has a time limit. Certain bonus structures expire if volume targets are not met within a set window
What happens to the bonus if you pull out your own funds prior to reaching the lot requirement
If the bonus works across all markets or only particular ones
Every one of these is typical broker conditions. Just check the conditions prior to depositing so there are no surprises when you try to withdraw.
How to Use the AvaTrade Partner Code
The procedure takes a few minutes:
Head to the AvaTrade account opening page
Fill in your account info — your name, email, phone number, location
Find the promotional code field on the registration form. It is typically marked along the lines of "Have a partner code?" or "Partner code"
Enter the partner code into that field
Finish your sign-up and complete the identity verification
Place your initial deposit. The extra funds will be credited automatically according to the bonus structure
A key detail to remember: most brokers will not let you add a partner code after the account is created. Use it during registration, not after. There is usually no way to retroactively enter it after the account has been opened.
Is It Really Worth It to Use an AvaTrade Partner Code
Simply put: definitely. I see absolutely no downside. Your fees remain identical. You only start with extra capital credited to your account in addition to your personal deposit.
Five minutes of your time during sign-up for possibly significant amounts in free trading funds. Pretty clearly that is a fair trade.
What matters most is getting your code from a current source rather than outdated web pages where codes may have expired. Confirm the broker's regulatory status, read the bonus T and Cs, and click here use the code at sign-up. That is really all there is to it.