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

Why Trade Futures With Avafutures?

Accepted Answer

Transparent Pricing

When you trade with AvaFutures, you benefit from transparent, low-cost pricing with no hidden fees or surprise charges. With trading costs starting as low as $0.75 per Micro contract per trade, AvaFutures ensures that you know exactly what you’re paying for, making it easier to manage your trading expenses. The platform’s commitment to transparency also means no inactivity fees, so you can trade on your terms without worrying about unnecessary costs.

Trade More with Less

One of the significant advantages of trading futures with AvaFutures is the ability to use high leverage. This allows you to control large trades with a relatively small amount of capital, maximizing your trading potential while benefiting from low margin requirements. With AvaFutures, you can take larger positions in the market without tying up too much of your trading capital, making it an ideal choice for traders looking to amplify their market exposure.

Protect Your Money

AvaFutures offers transparent pricing that facilitates easy hedging strategies, helping you protect your investments against price volatility. By trading futures, you can lock in prices and mitigate the risk of adverse market movements, safeguarding your portfolio in uncertain market conditions. AvaFutures provides the tools and resources you need to hedge effectively, ensuring that your investments are well-protected.

Highly Liquid Markets

Futures markets are known for their high liquidity, and AvaFutures gives you access to these markets around the clock. High liquidity means you can enter or exit positions with ease, even in volatile market conditions. AvaFutures ensures that you have ample opportunities to trade whenever you need to, providing the flexibility and responsiveness required to succeed in fast-moving markets.

Diversify Across Global Markets

With AvaFutures, you can spread your investments across a wide range of assets, sectors, and regions, effectively mitigating risk. Futures trading allows you to diversify your portfolio by gaining exposure to commodities, indices, currencies, and more. AvaFutures provides access to global futures markets, enabling you to create a balanced investment strategy that can weather market fluctuations.

Fair and Reliable Trading Environment

When you trade futures with AvaFutures, you’re trading on large, regulated exchanges rather than through over-the-counter (OTC) brokers. This ensures that your trades are conducted in a fair and transparent environment, free from conflicts of interest. AvaFutures is committed to providing a reliable trading experience where you can trust the integrity of the markets and the platform.

Why Choose AvaFutures?

Trading futures with AvaFutures offers a combination of transparency, flexibility, and security. With competitive pricing, access to highly liquid markets, and the ability to diversify your investments, AvaFutures stands out as a premier platform for futures trading. Whether you’re looking to hedge your investments, leverage your trades, or explore new market opportunities, AvaFutures provides the tools, resources, and environment you need to trade with confidence.

Read our full AvaFutures review where we dive into the AvaFutures platform with Trade the Day, here.

Question 2

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 3

How much capital do I need to trade at Admiral Markets?

Accepted Answer

On the off chance that you have chosen to, or are as yet thinking about whether to turn into a professional Forex trader, you're most likely asking yourself a series of questions, for example, How much capital do I need to trade full time? Of course this depends of each traders circumstance.

If you've selected Admiral Markets as your forex broker of choice then it's also important to know how much capital is needed to trade with Admiral Markets? This will dictate your account and levels of access.

The kind of account you want to open with Admiral Markets relies on the capital you have to trade with Admiral Markets.

Since various account types offer an assortment of services and for the most part, require various "beginning" or "starting" funds. It all depends on the availability of funds you, as a retail trader, have. Yet, generally, you can open an account at Admiral Markets with a little capital.

For instance, to open a Trade on the MT4 account, you need at least deposit of $200 USD to start trading with Admiral Markets. A figure available to most retail traders.

Question 4

What is the minimum deposit on XM?

Accepted Answer

What is the minimum deposit on XM?

Question 5

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 6

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 7

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 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

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 10

My MT4 is displaying an “Invalid Account” error

Accepted Answer

With MetaTrader 4, try logging into your account again. There is the possibility that you entered incorrect info on your first attempt- either your account number or your password. If you have any issues with your password, please go back to check the email that was sent to you on your registration.

MetaTrader 4 can be a little tricky when comes to logging in and out. If you've copy pasted your account number (user name) and/or password, make sure you've not copied a "space" before either of them.

This can cause an incorrect password error, a tip is to copy paste your account number (username) and password and paste them into a plain notepad .txt document and then copy them from that into MT4, this way it strips out any special characters that may be copied over from an email styling format or indeed you'll be able to see if there's a space included before or after the account number and password.

Obviously be sure you do not save your account number and password in a plain text document after you've checked your logins.