When you open an account with AvaTrade, there is a field on the registration page labelled a partner code. Most new users skip it without knowing what they are missing. Entering the proper partner code triggers a deposit bonus that is worth up to $10,000 in bonus capital, determined by the amount you deposit.
The partner code will not touch your fees in any respect. Same spreads, unchanged order execution, same account type. You only get extra funds in addition to your own deposit. It's essentially extra funds from the broker's promotional budget.
How Does the AvaTrade Partner Code Process Work
The setup is straightforward. AvaTrade distributes partner codes via their referral program. When a new trader types in a valid code during the account opening process, the platform recognises it. After you make your initial deposit, the bonus is credited to your account without any extra steps.
The bonus amount is determined by your deposit size. Bigger deposits qualify for higher bonuses. A few deposit levels can hit thousands in extra cash. Every dollar goes straight into your live account and is used from day one.
Why AvaTrade Gives Out Partner Codes
This is really about customer acquisition costs. Getting a new depositing trader costs a broker significant money in promotional costs. Giving a deposit bonus that attracts a client who then delivers thousands in commission income over their trading lifetime is sound business for the broker.
So it is not generosity. It is a deliberate acquisition investment for AvaTrade. But it is perfectly fine for the trader. The bonus is actual money you can put to work. Each side gets something worthwhile.
But Is AvaTrade Really Trustworthy
This is actually one area where AvaTrade separates itself from most rival brokers. They hold licences across nine jurisdictions worldwide. That includes tier-1 authorities like the Central Bank of Ireland, ASIC in Australia, and Japan's FSA.
Cross-border regulation of this scope is uncommon among retail brokers. Many brokers are regulated in a single or a couple of countries. AvaTrade being overseen in that many provides a degree of trust that most competitors offer.
They has been active since 2006, which gives them nearly 20 years in the industry. That kind of longevity is worth noting when you are giving a broker with your deposits.
What Do You Really Trade on AvaTrade
AvaTrade covers a wide spread of financial markets. The core categories include:
Forex — more than 50 FX pairs including all the major pairs, minors, and several exotics
Stocks — contracts on individual equities from several global exchanges
Commodities — including precious metals, oil, natural gas, and agricultural commodities
Indices — the main stock indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, ETH, and a selection of other digital assets
ETFs — a range of popular ETF funds
Fixed income — sovereign bond instruments
The product selection is strong compared to most online brokers. Most traders are likely to find enough with no need to having a second broker platform.
Trading Platforms On Offer with AvaTrade
AvaTrade offers a number of trading platforms. The key options are:
MetaTrader 4 — the global benchmark for FX trading. Full charting, custom indicators, EA support built in
MetaTrader 5 — the updated iteration with extra charting tools and enhanced strategy testing
WebTrader — browser-based trading with no install needed. Convenient for quick trading from any connected machine
AvaTradeGO — the mobile check here trading app for iOS and Android. Clean design with complete charting features
AvaOptions — a dedicated platform for trading vanilla options. Fairly unusual among online brokers
Beyond those, AvaTrade integrates with third-party platforms like DupliTrade and ZuluTrade for social trading. It is possible to mirror the strategies of top-performing traders automatically via the connected platforms.
What to Check About the Partner Code Bonus Conditions
Like every broker promotion, you will find terms attached. The primary one is a trading volume requirement. You need to trade a certain volume before the bonus becomes withdrawable.
This is common across the forex more info space. Not a single reputable broker will let you just deposit, pocket the bonus, and withdraw. You trade as normal, then the bonus becomes real funds.
For frequent traders, the volume target is typically hit through everyday trading patterns with no need for any extra effort. It effectively provides extra money to trade with as you reach the conditions.
A couple of other points worth being aware of:
Whether the bonus has a time limit. Certain bonus structures lapse if conditions are not met within a set number of days
What happens to the bonus if you cash out your original deposit prior to meeting the lot target
If the bonus covers all instruments or only select ones
All of this is routine industry conditions. Just scan the conditions ahead of committing so you hit no surprises when you try to withdraw.
How to Use the AvaTrade Partner Code
The steps take under ten minutes:
Navigate to the AvaTrade sign-up page
Enter your personal information — your name, email, phone number, location
Locate the partner code box on the sign-up form. It is generally labelled something like "Have a partner code?" or "Partner code"
Paste the partner code into that field
Finish your account setup and go through the identity checks
Complete your first deposit. The welcome bonus is deposited automatically according to the bonus structure
A key thing to note: nearly all brokers cannot allow you to enter a partner code once the account is opened. Apply it in the account opening process, not later. It is usually no way to retroactively apply it once the account is live.
Is It Worth Using an AvaTrade Partner Code
In a word: without question. I see literally no drawback. Your trading conditions stay the same. You just receive extra capital credited to your account on top of your own deposit.
A few minutes of work during registration for possibly significant amounts in free trading money. I would call that a worthwhile exchange.
The key point more info is using a current source rather than random listings where codes could have stopped working. Verify the broker's regulatory status, read the bonus T and Cs, and apply the code during registration. That is genuinely all there is to it.