Once you sign up for AvaTrade, there is a section on the registration form asking for a partner code. Most traders ignore it without knowing what they're leaving behind. Applying the correct partner code triggers a deposit bonus that can be worth up to ten thousand dollars in bonus money, depending on the amount you deposit.
The partner code does not touch your fees in any way. Identical spreads, unchanged execution, identical account type. You simply start with extra money alongside your own deposit. It is really just free money from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code Work
The process is not complicated. AvaTrade issues partner codes via their referral network. When a new trader inputs a working code during the account opening process, the system flags it. After you place your first deposit, bonus funds gets applied to your account without any extra steps.
The bonus amount varies with your deposit amount. Bigger deposits trigger more generous bonuses. A few deposit tiers can reach thousands in bonus capital. Every dollar goes directly into your live account and is traded with right away.
Why AvaTrade Even Has Partner Codes
It comes down to customer acquisition costs. Acquiring a new active trader costs a broker hundreds in promotional budget. Giving a promotional credit that brings in a trader who then generates multiples in fee earnings over their trading lifetime is solid economics for the broker.
So it is not charity. It is a strategic promotional expense for AvaTrade. But that is perfectly fine for the client. The bonus is legitimate money you can use. Both party walks away with something of value.
But Is AvaTrade Really Safe
This is one area where AvaTrade does well from a lot of rival brokers. They are regulated by regulation across 9 countries worldwide. Covering tier-1 regulators like the CBI, ASIC, and the FSA in Japan.
Global regulation like this is not common among retail brokers. Most brokers hold a licence in a single or a couple of countries. AvaTrade being overseen in 9 offers a degree of credibility that few competitors come close to.
The broker has been operating since 2006, which puts them almost 20 years in the business. That kind of longevity counts for something when you are entrusting a broker with your money.
What Do You Really Trade on AvaTrade
AvaTrade offers a decent range of financial assets. The core areas cover:
Forex — over 50 currency pairs covering the majors, minor pairs, and several exotics
Stocks — contracts on global stocks from multiple markets
Commodities — covering gold, oil, natural gas, and agricultural commodities
Indices — key market indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, Ethereum, and several smaller digital tokens
ETFs — a selection of exchange-traded funds
Bonds — government bond instruments
The market coverage is strong relative to many online brokers. The majority of traders are likely to find sufficient coverage with no need to needing a second broker account.
Trading Platforms Available at AvaTrade
AvaTrade offers multiple trading platforms. The core choices are:
MetaTrader 4 — the industry standard for forex trading. Full charting, custom indicators, Expert Advisors built in
MetaTrader 5 — the next-generation iteration with extra asset classes and enhanced strategy testing
WebTrader — web-based platform with no install required. Useful for quick access from any connected machine
AvaTradeGO — the smartphone app for iOS and Android. Clean interface with complete charting functionality
AvaOptions — a specialised platform for forex FX options. Fairly uncommon among retail brokers
On top of that, AvaTrade connects to external platforms including DupliTrade and ZuluTrade for copy trading. You can copy the positions of other traders automatically via these platforms.
What to Check About the Welcome Bonus Terms
Like any trading promotion, there are requirements tied to it. The main one is a turnover requirement. You have to complete a specified volume before the bonus gets made cashable.
This is typical across all brokers. Not a single reputable broker allows you to just deposit, pocket the bonus, and leave. You trade as normal, then get more info the bonus converts to real funds.
If you are active traders, this is generally hit via regular trading habits without any change in behaviour. The bonus basically gives you additional money to trade with while you hit the target.
Some other details to be worth noting:
If the bonus has a time limit. Some promotional structures expire if volume targets are not met within a specified timeframe
What happens to the bonus if you cash out your initial deposit before hitting the lot requirement
Whether the bonus covers all trading products or only certain ones
These are typical promotional conditions. Just read the conditions prior to funding your account so you hit no surprises down the line.
How to Use the AvaTrade Partner Code
The procedure takes under ten minutes:
Navigate to the AvaTrade account opening page
Enter your registration info — your name, email, contact details, residence
Locate the promotional code input on the sign-up form. It is generally shown as along the lines of "Have a partner code?" or "Partner code"
Paste the partner code in that box
Finish your sign-up and go through the identity verification
Make your first deposit. The bonus gets credited without further action per the bonus bracket
The one thing to remember: most brokers cannot allow you to apply a partner code after the account has been set up. Apply it at registration, not later. It is typically no way to go back and apply it after the account has been opened.
Is It Worth Use an AvaTrade Partner Code
In a word: yes. I see literally no disadvantage. Your spreads do not change. You only receive bonus funds credited to your account in addition to your own deposit.
A few minutes of work during sign-up for possibly hundreds or thousands in bonus trading money. By any measure that is a good exchange.
The only thing is getting your code from a current site rather than old listings where codes may have been discontinued. Verify the broker's licensing, review the bonus T and Cs, and enter the code at sign-up. That is honestly all there is to it.