If you sign up for AvaTrade, you will notice a section on the registration form labelled a partner code. A lot of new users skip it without realising what they're missing. Using the right partner code unlocks a welcome bonus that goes up to $10,000 in additional funds, determined by how much you fund your account with.
The partner code does not alter your trading conditions in the slightest. Same spreads, identical fills, identical account type. You just receive free capital in addition to your personal deposit. It is really just free money from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code Work
The setup is straightforward. AvaTrade creates partner codes via their referral programme. When an incoming trader types in a working code during account registration, the platform flags it. After you place your initial deposit, the welcome bonus is credited to your account automatically.
The size of the bonus is determined by your deposit level. Higher deposits earn larger bonuses. Some deposit levels go up to significant amounts in promotional funds. Every dollar goes right into your live account and is traded with right away.
Why AvaTrade Bothers With Partner Codes
This is really about trader acquisition numbers. Onboarding a new depositing trader typically costs a broker a fair amount in promotional spend. Offering a deposit bonus that attracts a client who then creates multiples in fee earnings over time is good economics for the broker.
In other words it is not charity. It is a strategic promotional expense for AvaTrade. But it is no problem for the client. The bonus is actual funds you can put to work. Each side gets something of value.
But Is AvaTrade Really Safe
Here is where AvaTrade stands out from a lot of other brokers. They carry regulatory oversight in 9 jurisdictions worldwide. Covering tier-1 bodies like the CBI, the Australian ASIC, and Japan's FSA.
Multi-jurisdiction regulation at this level is unusual among CFD brokers. Many brokers operate in just one or a couple of countries. AvaTrade being regulated in that many provides a level of oversight that not many rivals can match.
AvaTrade have been running since 2006, which gives them nearly twenty years in the space. That kind of longevity counts for something when you are trusting a broker with your funds.
What Do You Actually Trade on AvaTrade
AvaTrade supports a wide variety of financial markets. The primary categories are:
Forex — more than 50 FX pairs including all the majors, crosses, and a selection of exotics
Shares — exposure to individual stocks from several global exchanges
Commodities — including precious metals, oil, natural gas, and soft commodities
Indices — the main market indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, ETH, and a selection read more of additional digital assets
ETFs — various popular ETF funds
Bonds — government bond CFDs
The product selection is better than average relative to many online brokers. The majority of traders are likely to find what they need without having another broker platform.
The Platforms Supported at AvaTrade
AvaTrade supports multiple trading platforms. The core choices are:
MetaTrader 4 — the industry standard for forex trading. Full charting, custom indicators, EA support capability
MetaTrader 5 — the updated version with more asset classes and enhanced strategy testing
WebTrader — web-based platform with no installation needed. Handy for on-the-fly execution from any connected machine
AvaTradeGO — the mobile trading app for iOS and Android. Clean layout with complete charting features
AvaOptions — a purpose-built tool for forex vanilla options. Fairly uncommon among retail brokers
On top of that, AvaTrade connects to social trading platforms including DupliTrade and ZuluTrade for social trading. You can copy the positions of other traders directly through these platforms.
Things to Understand About the Welcome Bonus Terms
Like every broker promotional offer, expect requirements tied to it. The standard one is a turnover requirement. You must complete a specified volume before the bonus gets made yours to keep.
This is standard across the industry. Not a single regulated broker allows you to just deposit, pocket the bonus, and pull everything out. You use the account as normal, then the bonus becomes withdrawable money.
For frequent traders, this is generally met through routine trading activity without needing any extra effort. It essentially provides extra funds to trade with until you hit the conditions.
Some other details worth reviewing:
If the bonus has an expiry date. Certain bonus structures expire if requirements are not met within a fixed window
What happens to the bonus if you pull out your initial deposit before hitting the volume threshold
If the bonus applies to all asset classes or only particular ones
All of this is typical promotional conditions. Just review the T and Cs ahead of funding your account so there are no unexpected catches after the fact.
How to Activate the AvaTrade Partner Code
The process take about five minutes:
Visit the AvaTrade sign-up page
Complete 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 account setup and complete the ID checks
Place your initial deposit. The extra funds is added on its own based on the deposit structure
A key point to keep in mind: nearly all brokers will not let you add a partner code once your account is opened. Enter it in the account opening process, not afterwards. There is generally no option to retroactively apply it after the account is live.
Is It Worth Use an AvaTrade Partner Code
In a word: absolutely. I see literally no disadvantage. Your spreads do not change. You only receive bonus money credited to your account in addition to your own deposit.
Under ten minutes of your time during sign-up for possibly hundreds or thousands in extra trading cash. Pretty clearly that is a fair use of your time.
The key point is getting your code from a tested source rather than outdated blog articles where codes may have stopped working. Check the broker's regulatory status, read the bonus conditions, and input the code during sign-up. That is really all there is to it.