OptionBit is one of the world’s leading binary options dealers. They are highly experienced in providing their traders a comfortable environment in which to trade an incredible amount of currency pairs, commodities and indices without the need to go through a broker. They offer a collection of features and benefits found nowhere else online.
AvaFx has the reputation of a great online Forex trading website. Reputation is one thing, substance is another. Do they have what it takes to earn that reputation? Read the following review to find out!
Euro American Trust Building,
POB 3161 Road Town,
Tortola,
British Virgin Islands
For New Accounts Only
Minimum Deposit
FREE Bonus
$/€300
$/€150
$/€1000
$/€300
$/€3000
$/€750
$/€10000
$/€1500
$/€50000
$/€3000
*Offer is valid for new accounts only.
*Terms and condition apply.[click to read more]
AvaFx Full Review
AvaFx offers all of the standard features like fixed spreads, great educational tools, 24/7 operation and payment options ranging from credit cards to online e-wallets and covering everything in between. The low entry barriers, great leverage characteristics the ability to execute unlimited numbers of trades with no fees and/or commissions beyond the initial fixed spread are all unique features that serve to make this one of the most competitive online Forex brokerages you’ll come across.
Account Types
Traders at AvaFx Forex can choose from two primary account types.
The first account type is the practice account and as the name suggests this account will allow you to get used to everything with play money. You can make trades, see all of the analysis tools on the software packages and generally get to know how the software works in a safe environment with this account type. When you eventually start trading, it may be possible to get in for as little as $100.
An upgrade from the practice account will take you to the actual trading account. You likely won’t be able to get away with play money or smaller deposits with this account, but in return you’ll get more tools, better spreads and a lot more help from the people that are working at AvaFx.
Payment Options
Visa
MasterCard
Diner’s Club International
American Express
DK
Delta
Visa Electron
JCB
Wire Transfer
PayPal
NETeller
Web Money
Moneybookers
Platform
The platform currently used by AvaFx Forex is one that has been working for them for many years now. It is a package that is highly functional, easy to set up on your computer and works great with whatever trades you’d like to make. Whether you are an aggressive swing trader or someone unlikely to execute more than one position a day, the software package will be able to meet the needs that you have.
Help for Beginners
Clicking on the resources button on the main AvaFx website will take you to the area of their website reserved for new players. The fact is that there is so much good information here that even intermediate and advanced players can learn from the articles that AvaFx makes freely available for anyone interested. If help from those in the know is what really drives your decision, this website is undoubtedly on the short list.
Security
The security arrangements that are made at AvaFx involve the use of GeoTrust and other security agencies online. Their current arrangements certainly warrant praise however because there have been no major incidents reported with the security that this online website has in place.
Conclusion
AvaFx trading has shown time and time again that it has all of the goods. The end result of any analysis must be that this is one of the best all around online Forex trading sites out there.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance.
