When you sign up for AvaTrade, you will see a box on the registration form that asks for a partner code. A lot of traders leave it blank without understanding what they're leaving behind. Entering 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 does not touch your fees in the slightest. Unchanged spreads, identical execution, identical account type. You just receive bonus funds on top of your initial deposit. It's really just free money from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code Process Work
The process is simple. AvaTrade generates partner codes as part of their partnership programme. When an incoming trader types in a working code during account registration, the system registers it. Once you process your opening deposit, extra capital is credited to your account automatically.
The bonus amount varies with your deposit amount. Bigger deposits trigger higher bonuses. A few deposit brackets can hit significant amounts in promotional money. The entire bonus goes right into your live account and is traded with right away.
Why AvaTrade Bothers With Partner Codes
It boils down to client acquisition maths. Getting a new live trader costs a broker hundreds in promotional budget. Giving a welcome bonus that attracts a trader who then generates multiples in spread income over months is good ROI for the broker.
Put simply it is not charity. It is a calculated promotional expense for AvaTrade. But it is perfectly fine for you. The bonus is real money you can put to work. Both side receives something of value.
Is AvaTrade Really Trustworthy
This is one area where AvaTrade separates itself from a lot of competing brokers. They carry licences across 9 jurisdictions around the world. That includes tier-1 authorities like the CBI, the Australian ASIC, and the FSA in Japan.
Multi-jurisdiction regulation like this is unusual among CFD brokers. Most brokers are regulated in a single or a couple of regions. AvaTrade being regulated in nine provides a degree of confidence that not many competitors offer.
The broker has been active since 2006, which puts them nearly twenty years in the industry. That length of track record is relevant when you are trusting a broker with your money.
What Do You Really Trade on AvaTrade
AvaTrade offers a large spread of tradable markets. The primary asset classes include:
Forex — over 50 FX pairs covering the major pairs, minors, and some exotic pairs
Equities — exposure to individual stocks from several markets
Commodities — covering gold and silver, oil, energy markets, and agricultural commodities
Indices — the main stock indices such as the S&P 500, FTSE, DAX, and more
Cryptocurrencies — BTC, ETH, and a range of smaller digital tokens
ETFs — a selection of exchange-traded funds
Bonds — government bond CFDs
The instrument range is solid versus many online brokers. The majority of traders should find enough with no need to having another broker account.
Trading Platforms Available at AvaTrade
AvaTrade supports multiple trading platforms. The main platforms include:
MetaTrader 4 — the global benchmark for retail forex trading. Complete charting, custom indicators, Expert Advisors support
MetaTrader 5 — the next-generation iteration with additional order types and better backtesting
WebTrader — browser-based platform with no install required. Good for on-the-fly execution from any connected device
AvaTradeGO — the mobile app for iPhone and Android. Modern design with full charting functionality
AvaOptions — a specialised platform for forex vanilla options. Relatively niche among online brokers
In addition, AvaTrade integrates with social trading platforms including DupliTrade and ZuluTrade for copy trading. Traders website can mirror the trades of top-performing traders automatically through the connected platforms.
Things to Understand About the Welcome Bonus Terms
Like any trading promotion, expect terms attached. The key one is a trading volume requirement. You must trade a set volume before the bonus gets made cashable.
This is typical across the industry. Not a single regulated broker will let you just sign up, take the bonus, and withdraw. You use the account as normal, then the bonus converts to real money.
For regular traders, the volume target is typically achieved through routine trading habits with no need for any change in behaviour. The bonus basically adds extra funds to trade with until you meet the requirements.
A couple of other details worth noting:
If the bonus has a time limit. Some bonus structures become void if conditions are not met within a fixed window
What happens to your bonus funds if you cash out your own deposit before hitting the lot conditions
Whether the bonus applies to all markets or only select ones
Every one of these is routine broker terms. Just read the conditions prior to signing up so you hit no confusion when you try to withdraw.
How to Activate the AvaTrade Partner Code
The steps takes maybe five minutes:
Navigate to the AvaTrade account opening page
Enter your registration info — your name, email, contact details, location
Find the promo code box on the registration form. It is usually labelled along the lines of "Have a partner code?" or "Partner code"
Paste the partner code in that box
Finish your registration and go through the account steps
Process your initial deposit. The welcome bonus is credited automatically per the bonus bracket
One thing to be aware of: the majority of brokers do not let you enter a partner code once the account has been set up. Apply it during the account opening process, not later. There is usually no method to retroactively enter it after the account exists.
Is It Really Worth Using an AvaTrade Partner Code
To be direct: without question. There is absolutely no disadvantage. Your spreads do not change. You simply receive free money added to your account alongside your personal deposit.
Five minutes of effort during registration for potentially hundreds or thousands in bonus trading cash. By any measure that is a good exchange.
The only thing is getting your code from a verified directory rather than outdated web pages where codes could have gone inactive. Confirm the broker's regulation, understand the bonus terms, and use the code at registration. That is honestly all there is to it.