If you open an account with AvaTrade, there is a field on the registration form asking for a partner code. A lot of traders leave it blank without understanding what they're giving up. Using the correct partner code unlocks a welcome bonus that can be worth up to $10,000 in additional capital, determined by the amount you put in.
The partner code does not touch your commissions in the slightest. Identical spreads, same execution, unchanged platforms. You just get free money on top of your own deposit. It's basically free money from the broker's advertising budget.
How Does the AvaTrade Partner Code Work
The system is pretty simple. AvaTrade creates partner codes through their referral programme. When a prospective trader types in a valid code during the account opening process, the platform recognises it. After you make your opening deposit, bonus funds is applied to your account automatically.
The actual bonus varies with your deposit level. Larger deposits earn bigger bonuses. A few deposit tiers go up to thousands in extra funds. Every dollar goes straight into your trading account and is used right away.
Why AvaTrade Even Has Partner Codes
It boils down to trader acquisition economics. Onboarding a new active trader already costs a broker a fair amount in marketing costs. Giving a deposit bonus that attracts a client who then delivers thousands in spread income over time is good economics for the broker.
Put simply it is not altruism. It is a strategic marketing cost for AvaTrade. But that is no problem for the client. The bonus is real capital you can use. Both side walks away with something they want.
But Is AvaTrade Legitimately Regulated
This is where AvaTrade stands out from a lot of competing brokers. They are regulated by regulation in 9 countries globally. This includes tier-1 regulators like the CBI, ASIC, and Japan's FSA.
Cross-border regulation like this is rare among retail brokers. A lot of brokers are regulated in one or two jurisdictions. AvaTrade being regulated in nine gives an amount of oversight that not many rivals come close to.
AvaTrade has been operating since 2006, which gives them nearly 20 years in the industry. That kind of track record is worth noting when you are entrusting a broker with your money.
What Can You Really Trade on AvaTrade
AvaTrade supports a broad range of financial products. The main asset classes are:
Forex — over 50 FX pairs including all the major pairs, minor pairs, and a selection of exotic pairs
Stocks — exposure to major stocks from various markets
Commodities — including precious metals, oil, natural gas, and soft commodities
Indices — the main market indices such as the S&P 500, FTSE, DAX, and more
Cryptocurrencies — Bitcoin, ETH, and several other digital assets
ETFs — various exchange-traded funds
Fixed income — government bond CFDs
The instrument coverage is strong relative to many CFD brokers. The majority of traders will find what they need without having another broker platform.
The Platforms Supported with AvaTrade
AvaTrade supports multiple trading platforms. The core choices include:
MetaTrader 4 — the global benchmark for FX trading. Complete charting, automated indicators, automated trading built in
MetaTrader 5 — the next-generation iteration with extra asset classes and improved strategy testing
WebTrader — web-based platform with no installation needed. Convenient for on-the-fly execution from any connected machine
AvaTradeGO — the smartphone app avatrade welcome bonus for iPhone and Android. Modern design with full trading capability
AvaOptions — a dedicated tool for forex FX options. Fairly unusual among online brokers
In addition, AvaTrade integrates with third-party platforms such as DupliTrade and ZuluTrade for automated strategy following. Traders can mirror the positions of other traders directly via the connected platforms.
Things to Know About the Bonus Conditions
As with any trading promotional offer, you will find conditions attached. The standard one is a lot requirement. You have to trade a set volume before the bonus becomes withdrawable.
That is normal across the industry. Not a single reputable broker lets you just sign up, take the bonus, and withdraw. You hit the volume target first, then the bonus converts to unrestricted funds.
If you are regular traders, the volume target is often hit through normal trading activity without any change in behaviour. It basically gives you free capital to trade with until you reach the target.
Some other details worth being aware of:
Whether the bonus has an expiration. Some promotional structures lapse if requirements are not met within a fixed number of days
What happens to the bonus if you pull out your initial deposit prior to meeting the trading conditions
Whether the bonus covers all trading products or only specific ones
Every one of these is standard industry conditions. Just review the T and Cs ahead of committing so you hit no issues down the line.
How to Enter the AvaTrade Partner Code
The steps take about five minutes:
Head to the AvaTrade account opening page
Fill in your personal information — your name, email, contact details, residence
Locate the partner code field on the registration form. It is typically marked along the lines of "Have a partner code?" or "Partner code"
Paste the partner code into that field
Complete your registration and go through the ID checks
Process your opening deposit. The promotional credit will be credited automatically based on the deposit level
One point to note: most brokers will not let you add a partner code once registration has been completed. Input it in the account opening process, not here later. It is generally no method to go back and add it once the account exists.
Is It Worth It to Use an AvaTrade Partner Code
To be direct: definitely. I see literally no disadvantage. Your fees remain identical. You simply receive bonus funds added to your account alongside your own deposit.
A few minutes of work during registration for up to thousands in bonus trading cash. I would call that a solid deal.
The only thing is getting your code from a tested source rather than random listings where codes might have gone inactive. Confirm the read more broker's regulatory status, read the bonus T and Cs, and use the code during sign-up. That is really all there is to it.