Once you sign up for AvaTrade, you will see a field on the registration page that asks for a partner code. Many traders ignore it without knowing what they are giving up. Using the right partner code triggers a deposit bonus that can be worth up to thousands of dollars in extra trading capital, determined by the amount you deposit.
The partner code will not change your commissions in any respect. Same spreads, identical execution, identical platform. You only get free money alongside your personal deposit. It is essentially bonus capital from the broker's marketing 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 uses a valid code during the account opening process, the platform records it. Once you process your opening deposit, bonus funds is credited to your account on its own.
The actual bonus varies with your deposit level. Higher deposits unlock higher bonuses. A few deposit tiers go up to significant amounts in promotional capital. Every dollar goes right into your trading account and can be traded with right away.
Why AvaTrade Offers Partner Codes
The reason is client acquisition numbers. Acquiring a new active trader already costs a broker significant money in advertising budget. Giving a deposit bonus that brings in a trader who then produces far more in spread income over their trading lifetime is solid ROI for the broker.
In other words it is not altruism. It is a strategic marketing cost for AvaTrade. But it is perfectly fine for the trader. The bonus is real capital you can trade with. Each party receives something worthwhile.
But Is AvaTrade Really Safe
Here is where AvaTrade stands out from most rival brokers. They carry regulation in nine jurisdictions around the world. Covering tier-1 regulators like the Central Bank of Ireland, ASIC in Australia, and FSA Japan.
Global regulation like this is uncommon among online brokers. The majority of brokers hold a licence in a single or two regions. AvaTrade being licensed in nine offers an amount of trust that most other brokers come close to.
The broker have been running since 2006, which puts them almost 20 years in the market. That length of history matters when you are giving a broker with your money.
What Do You Actually Trade on AvaTrade
AvaTrade covers a large range of financial markets. The key categories cover:
Forex — over 50 FX pairs including the major pairs, minor pairs, and several exotics
Equities — CFDs on global stocks from several global exchanges
Commodities — including gold and silver, oil, natural gas, and soft commodities
Indices — major stock indices including the S&P 500, more info FTSE, DAX, and others
Cryptocurrencies — Bitcoin, ETH, and a selection of additional digital assets
ETFs — various popular ETF funds
Bonds — government bond instruments
The market range is competitive compared to many online brokers. The majority of traders will find enough with no need to requiring a second broker account.
Trading Platforms Supported with AvaTrade
AvaTrade supports a number of execution platforms. The key options are:
MetaTrader 4 — the industry benchmark for retail forex trading. Comprehensive charting, custom indicators, EA support capability
MetaTrader 5 — the next-generation iteration with extra asset classes and improved backtesting
WebTrader — browser-based trading with no download required. Useful for fast trading from any connected computer
AvaTradeGO — the mobile trading app for iPhone and website Android. Intuitive layout with complete charting features
AvaOptions — a purpose-built tool for forex FX options. Fairly unusual among online brokers
Additionally, AvaTrade supports external platforms including DupliTrade and ZuluTrade for social trading. It is possible to follow the trades of experienced traders directly via the connected platforms.
What to Be Aware Of About the Welcome Bonus Terms
Like all trading promotion, you will find conditions attached. The standard one is a turnover requirement. You have to trade a certain volume prior to the bonus is made cashable.
This is standard across the forex space. Not a single regulated broker lets you just sign up, take the bonus, and withdraw. You hit the volume target as normal, then the bonus becomes withdrawable money.
For frequent traders, the volume target is typically reached via regular trading habits with no need for any extra effort. It basically gives you bonus capital to trade with until you hit the requirements.
A couple of other things to be worth noting:
If the bonus has an expiry date. Certain avatrade partner code bonus structures expire if requirements are not met within a fixed number of days
What happens to the bonus if you cash out your own funds prior to reaching the lot target
If the bonus applies to all asset classes or only certain ones
These are routine broker practice. Simply read 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 account info — your name, email, contact details, country
Find the promo code input on the sign-up form. It is generally labelled something like "Have a partner code?" or "Partner code"
Type the partner code in that box
Submit your account setup and complete the identity verification
Place your initial deposit. The extra funds will be deposited without further action based on the deposit tier
One thing to note: nearly all brokers do not let you apply a partner code after the account is created. Enter it during registration, not after. There is usually no way to go back and enter it after the account has been opened.
Is It Really Worth Using an AvaTrade Partner Code
Short answer: absolutely. There is no drawback. Your trading conditions do not change. You only start with additional money credited to your account on top of your personal deposit.
Five minutes of your time during sign-up for possibly significant amounts in free trading funds. By any measure that is a good use of your time.
What matters most is using a verified site rather than unverified blog articles where codes may have been discontinued. Verify the broker's regulation, understand the bonus conditions, and enter the code at registration. That is genuinely all there is to it.