AvaFX Review

Although AvaFX is headquartered in Dublin, Ireland, it’s easy to see why this is among the most respected Forex brokers worldwide. In addition to providing the Forex trading capabilities common to most brokers, AvaFX provides a range of supplemental services including a free e-book, a highly efficient Forex automated trading system (appropriately called Ava AutoTrader) and a guided tour of their site so that new Forex traders won’t get lost during the process.

AvaFX offers two distinct trading platforms. The first is the wildly popular MetaTrader4 (MT4) platform which is a downloadable platform, and the second is Ava Java, a web-based alternative. We especially enjoyed the AvaJava platform because it can be used anywhere, but were equally satisfied with the executions on the MT4 platform.  It is important to note, however, that during the course of our AvaFX review, we found the AvaJava platform more suitable for new traders while the MetaTrader4 platform would be our recommendation for experienced traders. 

For those unfamiliar with the MT4 platform, it’s worthwhile to understand that this platform runs differently depending on the broker that provides the service, and AvaFX clearly knows how to handle the software. As always, the MetaTrader platform functions in over 20 languages, making it ideal for Forex traders around the world. MetaTrader4 has a plethora of excellent charting tools for advanced traders and a useful demo version for new traders who want to practice before they make their initial deposit. 

Well-Rounded Forex Trading

Traders who aren’t sure where to start can find their footing quickly and easily on the company’s website. AvaFX reviews all of its offerings on its top navigation so that traders can find what they’re looking for quickly and easily. We especially appreciated the ability to attend one of the company’s regularly scheduled webinars which provided unparalleled depth to the Forex learning curve. 

Founded in 2006, AvaFX is a subsidiary of Ava Capital Markets, a MiFid regulated agency. In other words, traders can rest assured that their funds will be protected and that their brokerage will adhere to recognized standards.  With a comprehensive virtual tour, a $100,000 practice account and several excellent trading platforms, AvaFX stands out from the crowd and is a Forex broker that may very well be worth its weight in gold.