Q: Can Canadians Use AvaTrade Legally?

Can Canadians Use AvaTrade Legally? Simply put, yes . AvaTrade provides its services to Canadian clients through a partnership with Friedberg Direct, which is part of the Friedberg Mercantile Group. Friedberg Direct is an active member of both the Canadian Investor Protection Fund (CIPF) and the Investment Industry Regulatory Organization of Canada (IIROC).

Question 1

Is My Money Safe in AvaTrade?

Accepted Answer

When it comes to your funds and safety, there's a joint responsibility with AvaTrade for your own funds. As a client keeping your passwords and 2FA secure is your responsibility.

When considering whether your money is safe with AvaTrade, it's important to note that AvaTrade is a well-regulated broker.

Based on our comprehensive AvaTrade review, AvaTrade is regulated by several major financial authorities, including the Central Bank of Ireland and the Australian Securities and Investments Commission (ASIC). These regulatory bodies ensure that AvaTrade adheres to strict financial and operational guidelines, offering its clients a higher degree of protection.

Furthermore, AvaTrade goes the extra mile to protect your funds. The broker adheres to client fund segregation policies, ensuring your funds are kept separate from the company's operational funds. This provides an additional layer of safety, particularly in the unlikely event of the company's insolvency. AvaTrade also offers negative balance protection, guaranteeing that clients cannot lose more than their initial deposit.

In conclusion, AvaTrade's regulatory oversight, segregated accounts, and protective measures, such as negative balance protection, suggest that your money is relatively safe when using this broker.

Question 2

What Awards Has AvaTrade Won?

Accepted Answer

🏆 “Most Regulated Broker”, “Best Forex Broker”, “Best Bitcoin CFD Trading Provider of the Year”, and “Best Affiliate Programme” awarded by The European between 2014 and 2020
🏆 “Best Forex Broker” awarded by Daytrading in 2019
🏆 “Most Innovative CFD Broker, UK” awarded by International Business Magazine in 2019
🏆 “The Best Forex Broker, Portugal” awarded by Rankia in 2019
🏆 “Best Affiliate Programme” and “Best Trading Experience” awarded by Fxdailyinfo.com between 2017 and 2018
🏆 “The Most Trustworthy Broker, China” awarded by FX Eye in 2018
🏆 “Best Forex Broker”, “Best Broker: Most Reliable”, “Best Educational Broker” awarded by FXEmpire between2011 and 2018

AvaTrade prides itself on a remarkable collection of awards for its success in the trading world, since 2009 to the present year. The entire list of industry awards to AvaTrade, include the following:

Question 3

Can Canadians Use AvaTrade Legally?

Accepted Answer

Can Canadians Use AvaTrade Legally?

Simply put, yes.

AvaTrade provides its services to Canadian clients through a partnership with Friedberg Direct, which is part of the Friedberg Mercantile Group. Friedberg Direct is an active member of both the Canadian Investor Protection Fund (CIPF) and the Investment Industry Regulatory Organization of Canada (IIROC).

Question 4

Does AvaTrade Accept Traders from All Countries?

Accepted Answer

Does AvaTrade accept traders from all countries? Which countries allow you to trade with AvaTrade?

AvaTrade is licensed and regulated as a broker in the Australia, The British Virgin Islands, The EU, Japan and South Africa. This gives AvaTrade a wide range of countries that you can trade with them from, however, currently AvaTrade does not accept clients from these countries, at present:

Belgium
Cuba
Iran
Syria
USA
New Zealand

Find out more in our comprehensive AvaTrade review, or sign up for an account with AvaTrade here.

Question 5

How Many Clients Does AvaTrade Have?

Accepted Answer

AvaTrade has been pioneering online trading since 2006. This Forex broker has grown exponentially in the last five years and, as of September 2024, has over 400,000 registered clients on its platform.

AvaTrade is a powerhouse in the online trading industry, executing over two million trades a month. The company's trading volume, which exceeds $60 billion per month, underscores its market influence and makes it an attractive platform for potential traders.

Source: About AvaTrade and AvaTrade Review.

Question 6

I Forgot to Enter the Partner Code, What Do I Do?

Accepted Answer

I forgot to enter the AvaTrade partner code, to get my bonus. What do I do?

If you've got an affiliate link but didn't add it at sign-up, you'll need to contact AvaTrade client support team and ask them to connect your account with the relevant partner code (128979).

Or, you can simply sign up again via this link and you'll get the full bonus and partner bonuses attributed to your account.

If contacting AvaTrade client support, don't forget to include all necessary information in your request.

The AvaTrade partner code for Trade the Day is:

128979

Question 7

Is AvaTrade a Trustworthy Broker?

Accepted Answer

AvaTrade is widely regarded as a trustworthy broker due to its strong commitment to security and transparency.

The broker adheres to rigorous regulatory standards worldwide, ensuring the protection of clients' interests and funds. AvaTrade is regulated by top-tier authorities across multiple jurisdictions, including the Central Bank of Ireland, ASIC in Australia, and the Financial Services Commission (FSC) in Japan, among others.

With comprehensive fraud prevention measures and a secure trading environment, AvaTrade provides traders with peace of mind when executing trades.

Question 8

Can I Withdraw All My Money on Avatrade?

Accepted Answer

Yes, you can withdraw all your money from AvaTrade by following their secure withdrawal process.

AvaTrade ensures the safety of your funds by maintaining segregation of client money from company funds, complying with rigorous international regulations.To initiate a withdrawal, ensure your account is fully verified, then submit a request through the secure client portal. AvaTrade employs strong security measures, such as McAfee Secure, to prevent fraud and protect your personal information, providing peace of mind during the transaction.

Question 9

How Much Is Minimum Deposit for Avatrade?

Accepted Answer

The minimum deposit required to begin trading with AvaTrade is $100, offering an accessible entry point for new traders. While this lower threshold allows you to start trading, keep in mind that larger deposits can offer more flexibility and better trading opportunities. AvaTrade prioritizes flexible deposit options to accommodate diverse trading strategies and investment goals.

Question 10

What Are AvaTrades Social Media Properties?

Accepted Answer

AvaTrade actively engages with traders and the financial community through several key social media platforms, allowing for up-to-date communication, educational content, and market insights. You can connect with AvaTrade on:

X (formerly Twitter): Follow AvaTrade on X for real-time updates, market news, and trading tips.

YouTube: Subscribe to AvaTrade's YouTube Channel for video tutorials, expert insights, and webinars designed to enhance your trading knowledge.

Facebook: Join AvaTrade on Facebook to engage with a community of traders and access the latest trading opportunities and educational material.

Instagram: Follow AvaTrade on Instagram for visual insights into market trends, inspiring trader stories, and platform updates.

These social media properties provide valuable resources and interaction opportunities, supporting AvaTrade's commitment to transparency and trader education.