8 Australian Cryptocurrency Trading Brokers
What are the best cryptocurrency trading brokers in Australia?What other features do they have that can help market traders?
What are the best cryptocurrency trading brokers in Australia?What other features do they have that can help market traders?
Cryptocurrency trading has gained more fans over the years and doesn't seem to be stopping anytime soon。Given the potential for price volatility, this is not surprising。Not to mention that the cryptocurrency market is open 24 hours a day, meaning you can trade at any time.。There are many places where you can trade cryptocurrencies, from exchanges to brokers, both of which are great platforms, but some people may think that using a broker is better because you can benefit from leverage。For Australian traders, there are several excellent cryptocurrency trading brokers that can help you。
Features of cryptocurrency trading
Cryptocurrencies are cryptographically protected digital currencies that are nearly impossible to double-spend, most of which are decentralized networks based on blockchain technology.。A notable feature of cryptocurrencies is that they are not usually issued by any central authority and are therefore not subject to government intervention or manipulation.。There are a lot of cryptocurrencies that can be traded at the moment, but Bitcoin and Ethereum are still the most popular in the market。
Here are the two most important characteristics that define cryptocurrency trading:
1.Volatility
Cryptocurrency is relatively new, but it shows great volatility due to a lot of speculative interest。For example, between October 2017 and October 2018, Bitcoin rose to $19,378 and fell to a low of $5,851.。However, the volatility of this market has many traders excited。In fact, rapid intraday price movements can be a great opportunity for traders to speculate。
2.Trading time
Since the cryptocurrency market does not have centralized governance, it is open 24 hours a day, 7 days a week, providing more opportunities for traders who work full-time or are very busy.。Cryptocurrency trading takes place directly between individuals in exchanges around the world。You can go home and turn on your device and start trading immediately without waiting until market opening hours。However, there may be some downtime as the market adapts to infrastructure updates。
Brokers and Exchanges
Should You Trade Cryptocurrencies on an Exchange??What about brokers that offer cryptocurrency trading??While there are pros and cons to both, some may argue that trading with a broker is more appropriate when huge sums of money are involved。Exchanges are ideal for cryptocurrency holders who want to make long-term or medium-term investments, while brokers are ideal for speculative traders who like to use different trading tools such as margin, leverage, etc.。
Another factor is the method of deposit and withdrawal。Cryptocurrency exchanges usually have two financing options: fiat currency or debit and credit cards。While this seems sufficient, it does not give customers more choice。At the same time, brokers have more financing options, including bank transfers, various types of e-wallets including PayPal, and cryptocurrencies.。In addition, withdrawals from brokers are not as expensive as exchange fees, usually between 0% and 3%, while exchange withdrawal fees can be as high as 6%。
Now, if you decide to trade cryptocurrency with a broker, here are the best crypto trading brokers regulated in Australia with powerful features to help you in the digital market。
1. IC Markets
IC Markets is an Australian cryptocurrency trading broker that allows you to trade cryptocurrencies 7 days a week using its trusted platform MT4 and MT5。You can get up to 1: 5 leverage for cryptocurrency trading, BTC Bitcoin / USD USD spread as low as 8 points, no commission。Currently, you can trade multiple cryptocurrencies in IC Markets, including Bitcoin, Ethereum, Dash, Litecoin, Bitcoin Cash, and more。
To ensure you are able to get the best out of cryptocurrency market volatility, IC Markets claims to support the best and fastest execution。Using low-latency fiber and Equinix NY4 servers, you can provide you with an average execution speed of less than 40 milliseconds. This feature ensures that there is almost no slippage under all trading conditions。They also offer different types of payment methods including credit / debit cards and PayPal。
Since the cryptocurrency market is open 24 / 7, IC Markets ensures that you can trade cryptocurrencies anywhere, offering a trading platform suitable for mobile trading。The technology also supports advanced charting and analysis to help you enter the digital market。
IC Markets is a private company in International Capital Markets Pty Ltd..) an online forex brokerage company operated under。Traders under Australian jurisdiction offer trading services at IC Markets-AU, which is based in Australia and licensed by the Australian Securities and Investments Commission (ASIC).。
On the other hand, non-Australian traders who open accounts with the broker are under the Seychelles-basedIC Markets SEY registered and regulated by the Seychelles Financial Services Authority (SFSA)。This dual operation is the result of the Australian Securities and Investments Commission's relatively new rules, which prohibit its regulated brokers from providing trading services outside Australia.。
IC Markets is classified as an ECN broker offering clients MetaTrader 4, MetaTrader 5 and cTrader as platform trading options。The broker also follows market trends with cryptocurrencies as one of its products, enriching its already wide selection of trading assets, including currencies, indices, metals, energy, software, stocks and bonds.。
with other affectedThe minimum deposit for IC Markets is at a moderate level compared to ASIC-regulated brokers, as each customer has a deposit of $200。Market analysis materials are also regularly prepared for trading insights on the official website of IC Markets, proving their ability to provide traders with important content created specifically for the market experts they work for.。
For payment methods,IC Markets allows financing and withdrawals via wire transfers, credit cards, PayPal, Skrill, Neteller, FasaPay, UnionPay, and BitPay's Bitcoin。The more interesting aspect of the broker is its multiple base currencies, including the US dollar, Australian dollar, euro, British pound, Singapore dollar, New Zealand dollar, Japanese yen, Swiss franc, Hong Kong dollar and Canadian dollar。
因为IC Markets' trading technology is equipped with highly centralized servers and extremely low latency (especially on cTrader), and the broker is well known for its ability to host traders with special needs for high-frequency trading and order brushing。
Anyway,IC Markets is the right destination for active traders looking for well-regulated brokers。IC Markets is also flexible in terms of base currency and payment methods, which demonstrates their commitment to welcoming traders from outside their home countries.。By the end of 2019, IC Markets was offering websites in 18 international languages, including English, Korean, Indonesian, French, Spanish, Italian, Malay, German and Chinese.。
2. CMC Markets
CMC Markets is an ASIC-regulated broker designed to offer small spreads and competitive and reliable pricing regardless of market volatility.。The broker supports spread trading and CFD instruments, including forex, indices, cryptocurrencies, commodities, stocks and more.。They offer mobile trading apps designed and built separately for iPhone, iPad and Android devices to help you with your trading activities。
For cryptocurrency trading, the broker enables clients to obtain the best leverage to improve their trading ability for all 18 cryptocurrencies it offers。CMC Markets with 0.Fully automatic, light-speed execution within 0045 seconds, designed to provide customers with minimal slippage。The broker has a turnover rate of 99.9, implying no partial closing or manual intervention by the dealer。
3. eToro
The broker offers a comprehensive cryptocurrency trading experience through a powerful and user-friendly platform。With eToro, you can trade multiple cryptocurrencies and cryptocurrency crosscurrencies。Their platform allows you to track the trend of each token through advanced charting and analysis tools。Best of all, you can create custom watchlists and stay informed about live updates。
eToro is known for its social trading platform, stating that cryptocurrency trading in eToro will automatically enable you to connect with more than 20 million users worldwide and find the best performing cryptocurrency traders to follow up。On payment methods, you can deposit funds into eToro in a variety of ways, including PayPal, Neteller WebMoney, Visa, MasterCard, and Crypto Payments。
Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。
eToro (Europe) Limited is a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number # 109 / 10.。Meanwhile, eToro (UK) Limited is regulated and regulated by the Financial Conduct Authority (FCA) under license number FRN 583263.。
As foreToro AUS Capital Pty Ltd, whose legal status is recognised by the Australian Securities and Investments Commission (ASIC), provides financial services under Australian Financial Services Licence 491139。
As a belonging4-digit broker, eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfoliosTM, a fully managed thematic portfolio。
自Since 2007, eToro has been at the forefront of the fintech revolution.。The latest is CopyPortfolio, which was launched in 2017 and is powered by machine learning Al。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。
NewThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to earn double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of financial assets available for trading, including stocks, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。
Certain positions on eToro involve ownership of underlying assets, such as non-leveraged positions in equities and crypto assets。Using contracts for difference (CFD) will make various options possible, such as leveraged trading, short (sell) positions, fractional ownership, etc.。For example, a trader can invest in gold at a minimum amount of $100, even if the price of a single unit of gold is $1,000.。eToro's most popular CFD commodities include gold, oil, gas, silver and platinum。
Currency can only be used asCFD Trading on eToro。In addition, CFD allows for short selling (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading.。Some popular currency pairs include EUR / USD, GBP / USD, AUD / USD, USD / JPY, and USD / CAD。
In addition, exchange-traded funds (ETF) is a financial instrument consisting of several assets, used as a tradable fund。After opening an eToro account, traders can invest at least $250 in an ETF that sells for $500.。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。
However,eToro also provides additional functionality through the use of CFD trading。All leveraged ETF positions in the UK are regulated by the FCA。Meanwhile, all CFD positions executed by eToro Australia are regulated by ASIC.。
The company also has other advantages。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than spreads。
eToro charges $25 for withdrawals, with a minimum withdrawal amount of $50。holdings of cryptocurrencies, stocks andETF non-leveraged long positions are not executed as CFD and no fees are charged。eToro charges overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders。
Update of fees always applies to open positions。Fees are subject to change at any time and may change on a daily basis based on market conditions without prior notice。
As a beginner, traders can useeToro's Copy Trading Features。Unlike the features of other brokers, traders can copy the strategies of professional traders for free without splitting into profits。因此 ,100% of the profit goes entirely to the trader。For example, when Trader A, copied by Trader B, generates 10% profit this month, Trader B also earns 10% profit。
The company is the world's leading social trading network.。因为eToro operates in complete transparency, and each trader has valuable information in their eToro profile, so it is helpful for other traders who are interested in copying their trades when creating their best portfolio。
Another unique feature of eToro is personalized social news subscriptions。Just like on any social media, traders can post their own updates in a subscription, comment on other people's posts, and gradually create a subscription that suits a trader's trading and investing interests.。在在On the eToro social trading platform, traders will also be notified when there are new posts and other important updates from traders。
4.(Interactive Brokers)
Tracker Securities Offers Trading Value 0 for All Cryptocurrency Transactions.12% to 0.Low commission of 18% and no increase in spreads, markups or escrow fees。They ensure that customers can enter the market seamlessly through IBKR's professional-grade desktop platform and intuitive mobile and networking platforms。If you are interested in cryptocurrency futures, please refer to the。The broker also supports advanced market scanners and risk navigators to enhance client portfolio analysis。
Tracker Securities is a direct market access broker that provides execution, clearing, settlement and primary brokerage services to clients.。Since Thomas Peterffy was founded 41 years ago, the company has grown internally to become one of the leading securities firms with more than $7 billion in equity.。
The firm was initially recognised as a popular broker for senior traders and launched a second tier service called IBKR Lite for more casual investors in 2019.。
IBKR Lite serves more than 125 market destinations worldwide and provides direct access (online) to trade execution and clearing services for institutional and professional traders, including equities, options, futures, forex, fixed income and funds.。
Headquartered in Greenwich, Connecticut, it employs more than 1,400 people at companies in the United States, Switzerland, Canada, Hong Kong, the United Kingdom, Australia, Hungary, Russia, Japan, India, China and Estonia; IBKR is regulated by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Financial Conduct Authority (FCA) and is registered with the New York Stock Exchange (NYSE).。
Tracker offers a wide range of product-centric tools, such as Options Traders and Probability Labs for simplifying unilateral and complex multilateral options trading, FXTrader for forex trading, mutual fund / ETF replicators for helping traders find lower-cost ETF alternatives, and fixed-income screeners for corporate and institutional bonds.。Overall, the trading of Interflow Securities will receive the most useful and updated tools to maximize trading and investment objectives.。
As a popular and regulated broker in the United States, Interactive Brokers has won some awards.。Recently, they were named the Best Online Broker of 2019 by Barron's Weekly, categorised as the best broker for mobile, international and frequent traders.。In addition, they received the Best Performing Broker Award from the Preqin Service Provider and the Best Holistic Broker Award from Investopedia (Best Low Cost, Best International Trade, Best Options Trade, Best Day Trade and Best Penny Stock).。Since 2005, Tracker has won many awards for the best service it provides to its clients.。
In order to optimize the trading speed and efficiency of its clients, IntruShield offers a number of powerful trading platform suites, as follows.
- Customer Portal
One-stop destination for checking quotes and making trades, viewing account balances, profit and loss, as well as key performance indicators, funds and reports。
Desktop trading platform
Flagship platform designed for active traders and investors who trade multiple products and need power and flexibility。By opening an account with and using the platform, traders can take advantage of state-of-the-art algorithms and trading tools, as well as a library of tools and asset-based trading layouts for optimal customization.。
Mobile IBKR TWS
The mobile version of IBKR TWS is designed for traders who want to easily trade and monitor their IBKR account from an iOS or Android device (tablet or smartphone)。
IBoT
IBoT is a bot for finding information and placing orders in the customer's own words, available on desktop TWS, mobile IBKR and client。
IBKR Online Traders
IBKR WebTrader is designed for traders and investors who prefer a simplified interface。
IBKR API or IBKR Pro
The trading platform is designed for traders and investors who want to write trading software or automated trading programs.。
Overall, for those who want to find a reliable and regulated broker to trade, Tracker Securities has always been a good choice.。Tracker Securities provides a large number of trading platforms, committed to providing the best service for novices and professionals, suitable for the needs of each customer。
5. IG
IG is considered one of the best brokers for cryptocurrency trading。First of all, you can use leverage to trade up and down prices to take advantage of the volatility of the cryptocurrency market。IG improves liquidity, meaning you have more opportunities to execute trades at the price you choose。You can also speculate on 7 major cryptocurrencies and cross currencies。If you are new to the market and want to learn, IG offers simulated trading of cryptocurrencies。
IG Markets is an online trading provider with decades of experience in the financial markets。Founded in 1974, the world's leading company has more than 178,000 customers worldwide as of 2019, covering more than 16,000 markets, and is licensed and regulated by the Australian Securities and Investments Commission (ASIC).。It should also be noted that IG Markets is one of the most cutting-edge online CFD brokers, and their services have expanded to 15 countries on five continents.。
As well as being known for its solid experience, IG Markets is also known for its truly broad range of trading tools。The broker has long been considered one of the most accomplished companies in offering clients the most traded assets, with instruments including forex pairs, 26 indices, more than 12,000 stocks, hard and soft commodities, cryptocurrencies and other markets such as bonds, interest rates and options.。
Forex trading in IG Markets is offered in two ways: CFD and DMA。The following are the conditions for each transaction type:
Forex CFD
- Minimum spread: 0.6 o'clock
Margin: None
Platforms: Web, Mobile Apps, MT4, ProRealTime, L2 Dealer, Terminal, and API
Transaction Size: Contracts
Virtual Account: Yes
Forex DMA
- Minimum spread: No details
Commission: From $10 per $1 million traded
Platforms: Web, Mobile Apps, L2 Dealer, Terminal, and API
Transaction size: lots
Demo Account: None
All customers can use these two trading methods, however, DMA does not support trading in MetaTrader 4, nor do customers allow virtual trading in demo accounts。It is essentially a type of trading reserved for experienced traders, and the best pricing in the market is very much needed, so DMA provides market depth from a range of exchanges (including the full market depth of the London Stock Exchange)。
The trading platforms in IG Markets are accessible via the web, mobile apps, and desktop, and they offer 2 platform types: Core Platform and Professional Platform。Core platform for all types of transactions with DMA, ProRealTime access and Forex Direct add-ons, while professional platforms include L2 Dealer, ProRealTime and MetaTrader 4。
The fees charged by the first two platforms include a minimum balance of $2000 and a monthly fee for stock data and Tier 2 price (for L2 Dealer), and a monthly platform fee of $40 and a monthly fee for stock data (for ProRealTime)。
There is no minimum balance requirement for IG Markets to open an account, it also offers no overnight interest accounts and customers do not have to pay any interest, rollover or overnight interest charges on overnight positions.。However, all costs and expenses are included in the spread。The account is ideal for long-term traders who need to keep a position for days or even weeks。
For beginners, IG Markets has established the IG Academy, offering interactive education and online trading courses。In this way, customers can master the financial markets through infographics, video presentations and trading highlights provided in after-school quizzes。Even better, IG Academy has been integrated into its mobile application, so customers can always understand the financial markets in a more effective way。
In summary, IG Markets is a client-friendly broker with over 40 years of experience to support its reputation, and their efforts and commitment are proven in a unique core and professional platform.。
Less experienced traders can apply for a Forex CFD account in Core Platforms or MetaTrader 4, while professionals can get the best experience in the financial markets through IG Market's DMA trading and L2 Dealer or ProRealTime platforms。
6. ThinkMarkets
In ThinkMarkets, you don't need to use a digital wallet to trade cryptocurrencies。It reduces the hassle of processing transfer fees and protects you from the possibility of hacking and theft of encrypted assets。You can trade forex, CFDs and cryptocurrencies from the same account, making it easy to diversify your trading portfolio。
As a multi-asset online broker, ThinkMarkets offers a wide range of trading assets from Forex to Precious Metals, Commodities, Indices, Stocks and Cryptocurrencies。The Australian-based broker was founded in 2010 and has since opened more headquarters in London and regional offices in Asia Pacific, the Middle East, North Africa, Europe and South America.。
As their operations have grown, ThinkMarkets have received multiple awards and recognitions in all aspects, most recently, they won the Best Value Broker Award in Asia at the 2020 Global Forex Awards.。
Standard account average forex spread for traders who open an account with ThinkMarkets from 1.From 2, while ThinkZero offers 0.Best trading experience at 1 point spread。However, traders may want to take into account that ThinkZero charges 3 per side for every 1,000,000 trades..$5 commission。
As a global online broker, ThinkMarkets operates under the supervision of multiple financial regulators。For example, ThinkMarkets Australia is managed by TF Global Markets (Aust) Limited and licensed by the Australian Financial Services Authority and the Australian Securities and Investments Commission (ASIC), ABN: 69158361561。ThinkMarkets UK is registered with the Financial Conduct Authority (FCA) under the name TF Global Markets (UK) Limited (No.09042646)。
ThinkMarkets is always committed to improving its trading environment through a variety of advanced products.。Auto trading enthusiasts can use free VPS hosting, while enthusiastic traders who want to experience outside the MetaQuote platform can try ThinkMarkets' proprietary platform ThinkTrader。
The trading platform offers 3 different interfaces designed for web desktop, tablet and mobile display。In addition, there are more than 80 mapping tools and more than 125 technical analysis indicators and other customized tools can be accessed through the mobile screen, will undoubtedly provide a new mobile trading experience。
In terms of market updates, trading in ThinkMarkets will be accompanied by news from FX Wire Pro, which is known for its strict policy of adhering to objective news reporting and providing critical, credible information in real time.。Information areas covered by FX Wire Pro include economic commentary, technical-level reports, currencies and commodities, central bank bulletins, energy and metals, and event-driven bulletins。
For payment methods, ThinkMarkets provides gateways through bank transfers, credit cards (Visa and MasterCard), Skrill, Neteller, POLi online banking, BPay, and Bitcoin wallets。
All in all, for a company that has been in business since 2010, ThinkMarkets has been quite successful in terms of legal status and trading technology innovation.。As an additional guarantee of security for traders, the broker has committed to a $1 million insurance protection plan, which is implemented through ThinkMarkets and Lloyd's of London insurance policies, providing up to $1 million in protection for clients' funds.。
7. Pepperstone
Pepperstone enables you to use up to 10: 1 leverage on all trading platforms to go long or short Bitcoin CFD price movements。They make sure to give you 99.88% fill rate, fast execution and no desk intervention。The lowest spread of cryptocurrency trading in Pepperstone from BTC Bitcoin / USD USD from 30 points。However, some of their markets are closed on Saturdays and Sundays, so be sure to read their trading conditions in advance.。
Founded in 2010 by a team of experienced traders working together to improve online trading, Pepperstone is based in Melbourne, Australia and has grown into one of the world's largest forex brokers.。If a trader wants to find a broker that offers low spreads, fast execution and award-winning support, the answer is Pepperstone。
Pepperstone has strong legal safeguards as it is licensed by Australian regulators ASIC and FCA.。Traders "funds can be deposited into separate accounts at Australia's top banks, one of which is National Australia Bank (NAB).。Therefore, if a trader chooses to open an account in Pepperstone, the safety of funds is not an issue。
They successfully partnered with 23 top banks to bring bids to investors instantly via fiber optics, which enabled all orders to be executed 100% automatically with delays as low as zero..05 milliseconds, no need for trading desk intervention and re-quotation, and ultra-low transaction costs。
Pepperstone is trusted by more than 73,000 traders worldwide, processing an average of 125 per day..$500 million in trading volume and won awards for such things as:
Best Forex ECN Broker and Best Forex Trading Support Worldwide 2019 (Europe)
Best Australian Broker and Best Trading Platform 2018 by Compare Forex Brokers
2018 UK Forex Awards Best Forex ECN Broker, Best Forex Trading Support and Best Forex Trading Conditions
With numerous awards, Pepperstone attracts more and more traders from all over the world。Pepperstone's performance rose not only because of its ultra-low spreads and fast execution services, but also because many traders were keen to trade in currencies other than the US dollar.。
As a result, Pepperstone is one of the most responsive brokers to the market because it is willing to accept deposits in 10 currencies, including the Australian dollar, the US dollar, the euro, the Canadian dollar, the British pound, the Swiss franc, the Japanese yen, the New Zealand dollar, the Singapore dollar and the Hong Kong dollar.。
Pepperstone allows traders to choose between 11 trading platforms: MT4 Desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad / Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo and cTrader Mobile。The choice of trading platform is very practical for novices because it executes quickly。
When trading Forex, traders can enjoy 0 on their Razor account.0 pip original spread, over 61 currency pairs, and commission-free account funds for various deposit options。In addition to currency pairs, Pepperstone offers several types of trading tools, including indices and stocks, commodities and cryptocurrency CFD。
Commodity trading tools are very diverse, not only metals, gold and silver, but also soft commodities such as cotton, sugar, coffee, cocoa and orange juice.。Pepperstone also offers energy (oil and gas) trading.。
Pepperstone offers two types of accounts, Razor accounts and Standard accounts。If you are a beginner, it is recommended to choose a EUR / USD average spread of 1.0-1.3 point and commission-free standard account。
Traders with specific trading styles (such as scalping traders and algorithmic traders) may enjoy the traditionally lower-cost setup of Razor accounts, with a trading commission of 7 Australian dollars and a trade of 100,000 US dollars per round..01 (micro) and 1: 400 leverage to start trading。
As Pepperstone customers, traders can deposit and withdraw money through Visa, Mastercard, POLi Internet Banking, Bank Transfer, BPay, PayPal, Neteller, Skrill and Union Pay。
If you are new to trading or want to practice your trading skills in a risk-free environment, you can create a demo account, but if you are experienced or prefer to learn by doing, Pepperstone offers live accounts that allow you to trade with real-time execution and pricing.。
Traders can also use third-party services to follow popular trader scenarios while learning how to improve their trading abilities。Pepperstone works with a range of social trading platforms for traders to choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader Signals and Duplitrade。
8. AvaTrade
AvaTrade proposes maximum security, which is exactly what cryptocurrency traders need。The broker also has plenty of resources to help traders navigate the market, and they offer zero commission and no bank fees to trade, making AvaTrade one of the most affordable cryptocurrency trading brokers.。For new traders, AvaTrade offers simulated trading to help them learn before actually entering the market。
Avatrade is one of the most comprehensive brokers, supporting almost all trading styles。Avatrade not only allows hedging, scalping and expert advisors (EA), but also completes its services through one cancellation of another order (OCO) and automated trading in many variants of automated trading systems.。
Founded in 2006, AvaTrade's primary mission is to allow people to trade with confidence.。If traders are still confused about the best broker to support traders trading, AvaTrade may be the trader's choice, as it has been evaluated and recognized for some of the industry's most outstanding financial and technical achievements for its clients.。
In 2019, the Dublin-based broker acquired Daytrading."Best Forex Broker 2019" by com。In addition, the company has been honored as "Best Forex Broker," "Best Bitcoin CFD Trading Provider of the Year" and "Best Alliance Program in Europe."。
In addition, for more liquid traders, AvaTrade offers a number of platforms that allow traders to trade using laptops and mobile phones。The availability of the free Autochartist tool in the platform is the best support for both novice and experienced traders, as it makes it easier for them to find trading opportunities without having to look at the chart all day。
Autochartist free signals available in gold accounts, platinum accounts and AVA Select。By opening an account with AvaTrade, traders do not have to pay for the full Autochartist service。Autochartist itself is a market scanning tool that can detect trading signals from various technical perspectives.。
Traders can access AvaTrade on multiple platforms such as AvaTradeGO, MetaTrader 4, MetaTrader 5, Automated Trading, Mac Trading, Web Trading, Mobile Trading and AvaOptions。
On the regulatory side, AvaTrade has a large number of credible licenses that guarantee security even with deposits as high as $10,000.。AvaTrade uses a separate account system, subject to the Central Bank of Ireland (No..C53877), ASIC Australia (No.406684), Japan JFSA (No.1662) and South Africa (FSP 45984) regulatory。
In the event of extreme market volatility, will traders suddenly lose more than their deposits??AvaTrade explicitly answers no because traders have negative balance protection。
AvaTrade has a minimum deposit of $100 and offers different leverage depending on the trading instrument; whether it is Forex (30: 1 start), Indices (20: 1 start), Commodities (5: 1 start), ETFs (5: 1 start) or Cryptocurrencies (2: 1 start)。
AvaTrade is committed to maintaining a set of customer-related values。As a result, the company offers the best trading experience with multilingual customer service and the most advanced and user-friendly trading platform.。
New traders can also learn Forex trading in the "Education" tab of the official AvaTrade website。Traders will find tons of articles, video tutorials and more tools to help them every step of the way。This is an important requirement as the forex market can be a bit unbearable and even scary at times, so traders need to make sure they are fully prepared before they start trading in a live account。
AvaTrade offers a variety of account types, as well as Islamic trading accounts specifically for Muslim traders.。The Islamic account type is similar to the regular account type with one key difference; it does not charge any special fees or interest (no overnight interest), which is in line with the financial principles of Islamic law。
Traders can choose AvaTrade as an ideal option if they are confident in forex trading。The minimum deposit and the various platforms offered are suitable for beginners trying Forex trading for the first time。
Conclusion
Cryptocurrency trading offers a lot of benefits to traders, and despite its volatility, it is very suitable for day trading。Some people believe that there are many benefits of trading cryptocurrency with a broker compared to trading obtained on an exchange。
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