AvaTrade Review
Avatrade is known for excellent STP and Market Maker services. The broker is trustworthy and offers substantial rebates and wide-ranging customer service. Mexican traders can look forward to sound copy trading and a demo account.
- Louis Schoeman
Updated : June 20, 2024
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawals
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.8/5
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
We were searching for brokers who would accept Mexican traders when we stumbled upon AvaTrade and decided it was worth further investigation.
AvaTrade differentiates itself by providing a diverse selection of trading platforms. In addition to their proprietary platform, AvaTradeGO, they offer popular alternatives, including MetaTrader 4 and 5.
AvaTrade offers resources and information to assist traders of all levels, from novices to professionals. AvaTrade is unique in that it is committed to ensuring that trading is both accessible and enjoyable for all users, irrespective of their level of experience.
AvaTrade offers innovative social trading capabilities through platforms like ZuluTrade and DupliTrade. This is advantageous for Mexican traders who are still in the process of establishing market trust.
By adhering to the strategies of seasoned traders, you will acquire knowledge more rapidly and increase your likelihood of success. AvaTrade provides support to Mexican traders in numerous languages and guarantees that their platforms and services adhere to local legislation.
By offering a variety of instructional resources, such as instructive articles on Sharp Trader and in-depth video lessons, they exhibit their dedication to supporting traders.
AvaTrade is dedicated to the Mexican market and acknowledges its expanding potential. Their commitment is evidenced by their numerous awards, including “Most Innovative Broker.”
Ultimately, Mexican traders greatly benefit from the availability of personalized and dependable services such as these, rendering AvaTrade the optimal choice for navigating this volatile market.
AvaTrade has emerged as a significant player in the forex trading industry since its inception in 2006. The corporation is headquartered in Dublin, Ireland.
Yes, you can use MetaTrader 4 and 5 and AvaTradeGO, a mobile trading program.
Yes, you can use MetaTrader 4 and 5 and AvaTradeGO, a mobile trading program.
As a beginner in Mexico, would AvaTrade be a suitable broker to start trading with?
Yes, AvaTrade is suitable for beginners as they provide the necessary training materials to start trading.
At a Glance
| 🗓 Established Year | 2006 |
| ⚖️ Regulation and Licenses | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 🪪 Ease of Use Rating | 4/5 |
| 🚀 Bonuses | Yes, referral bonus |
| ⏰ Support Hours | 24/5 |
| 📊 Trading Platforms | AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, ZuluTrade |
| 💻 Account Types | Retail, Islamic, Professional |
| 💰 Base Currencies | ZAR, USD, GBP, AUD |
| 📈 Spreads | From 0.6 pips (Pro), 0.9 pips (Retail) on EUR/USD |
| 📉 Leverage | 1:30 (Retail), 1:400 (Pro) |
| 💸 Currency Pairs | 51; Major, Minor, Exotic Pairs |
| 💳 Minimum Deposit | 1,700 MXN ($100) |
| 🛑 Inactivity Fee | Yes, $50 after 3 months, $100 after 12 |
| 📞 Website Languages | English, Chinese (Simplified), Chinese (Traditional), Turkish, Thai, Slovakian, Russian, Portuguese, Polish, German, Hungarian, French, etc. |
| ✔️ Fees and Commissions | Zero commissions; only the spread is charged |
| ✅ Affiliate Program | Yes, Introducing Broker, Online Affiliate |
| 🚫 Banned Countries | United States, Belgium, Syria, Iran, New Zealand, Cuba |
| 👨💻 Scalping | Yes |
| 👥 Hedging | Yes |
| 🏦 Trading Instruments | Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, CFDs |
| 🎉 Open an account | Open Account |
Regulation and Safety of Funds
AvaTrade is not regulated by Mexico‘s National Banking and Securities Commission (CNBV) and Banco de México (Banxico). However, AvaTrade’s global regulations are listed in this table:
Global Regulations
| ⚖️ Registered Entity | 🏦 Country of Registration | ✅ Regulatory Entity | 🛍 Tier | 🤝 License Number/Ref |
| AVA Trade EU Ltd | Ireland | CBI | 1 | C53877 |
| DT Direct Investment Hub Ltd. | Cyprus | CySEC | 2 | 247/17 |
| AVA Trade EU Ltd | Poland | KNF | 2 | 693023 |
| AVA Trade Ltd | British Virgin Islands | BVI | 3 | SIBA/L/13/1049 |
| Ava Capital Markets Australia Pty Ltd | Australia | ASIC | 1 | 406684 |
| Ava Capital Markets Pty | South Africa | FSCA | 2 | FSP 45984 |
| Ava Trade Japan KK. | Japan | JFSA, FFAJ | 1 | JFSA 1662 FFAJ 1574 |
| Ava Trade Middle East Ltd | UAE | ADGM | 2 | 190018 |
| ATrade Ltd | Israel | ISA | 2 | 514666577 |
| Friedberg Direct | Canada | IIROC | 1 | Friedberg Mercantile |
Protection of Client Funds
| 🚫 Security Measure | 🪪 Information |
| Segregated Accounts | Yes |
| Compensation Fund Member | Yes |
| Compensation Amount | 20,000 EUR |
| SSL Certificate | Yes |
| 2FA (Where Applicable) | Yes |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | No |
Is AvaTrade regulated by the National Banking and Securities Commission (CNBV)?
No, AvaTrade is not regulated by CNBV in Mexico but by several other financial authorities worldwide.
Will a compensation fund cover me if anything goes wrong with AvaTrade?
Yes, you will be covered up to the equivalent of 20,000 EUR as AvaTrade is a member of a compensation fund.
Awards and Recognition
Throughout its history, AvaTrade has been recognized with a multitude of accolades. After reviewing AvaTrade’s award list, the most recent accolades were identified:
According to FX Scouts, AvaTrade was the “Most Innovative Broker” for 2023.
AvaTrade was awarded the 2023 “Best Online Trading Platform UAE” by Global Brands Magazine.
In 2023, World Economic Magazine acknowledged AvaTrade as the “Most Reliable Trading Platform” in Latin America.
In 2023, AvaTrade was awarded the “Best Affiliate Program” at the Jordan Financial Innovation Awards.
In 2023, Finance Derivative recognized AvaTrade as the “Best Trading Platform” in Spain.
In 2023, AvaTrade was recognized as one of the “Top 10 Hot Brands of the Year” by Ceoviews.
AvaTrade Account Types and Features
Utilizing a single retail account, AvaTrade maintains a straightforward approach. However, Mexican traders can anticipate competitive trading conditions on all available markets when conducting transactions with them.
The following is a more detailed examination of the available options, following a concise summary of AvaTrade’s features in a table for Mexican traders.
| Retail | Islamic | Professional | |
| ✔️ Availability | All traders | Muslim Traders | As per criteria |
| 💵 Markets | All | Gold, Silver, Oil, Indices, Forex | All |
| 💰 Commissions | None | None | None |
| 💻 Platforms | All | All | All |
| 🔨 Trade Size | 0.01 lots – Unlimited | 0.01 lots – Unlimited | 0.01 lots – Unlimited |
| 📊 Leverage | 1:30 | 1:30 | 1:400 |
| 💸 Minimum Deposit | 1,700 MXN ($100) | 1,700 MXN ($100) | €500,000 portfolio |
| 👉 Open an account | Open Account | Open Account | Open Account |
Retail Account
We were quite impressed with AvaTrade’s retail account. The user interface is straightforward and was designed with the novice in mind. The benefit of this account is that commissions are not a concern.
The sole fee associated with this account is a fixed spread, which is subject to fluctuation based on the financial instrument. However, the average spread for well-known forex pairs, such as EUR/USD, is approximately 0.9 pips, which renders them relatively
competitive.
The low minimum deposit requirement of 1,700 MXN ($100) is another factor that makes this retail account an excellent choice for beginners. Additionally, it is possible to refine one’s trading abilities by employing leverage of up to 1:30.
AvaTrade provides a diverse selection of advanced trading platforms, including MetaTrader 4 and 5, as well as user-friendly interfaces like AvaTrade Web, AvaSocial, AvaTradeGO, and a few others.
The retail account of AvaTrade includes AvaProtect™, a risk-management tool that is both cost-effective and efficient. It serves to safeguard your investments from market fluctuations.
Professional Account
A trader may select a Professional account after satisfying AvaTrade’s qualifying criteria. This account permits greater leverage than conventional retail accounts, which leads to more effective capital allocation and increased earnings.
To qualify for this account, Mexicans must have exhibited substantial trading activity in the preceding year, possess a portfolio of financial instruments valued at over €500,000, or possess pertinent financial industry experience.
Traders who utilize AvaTrade professional accounts are permitted to implement strategies that would be unfeasible with lower leverage due to the lower margin requirements.
Mexicans must comprehend that leverage, while it can enhance potential gains, also increases risk exposure and necessitates a risk-management strategy.
Demo Account
AvaTrade offers a comprehensive demo account that lets traders reduce their risk exposure and increase their confidence, as many Mexican traders may be apprehensive about entering the foreign exchange market for the first time.
This account lets Mexican traders test their trading strategies, learn about various platforms, and experiment with multiple financial markets without putting their own money at risk by simulating real market conditions.
You are awarded a substantial $100,000 in virtual currency to evaluate all aspects of the trial account and refine your abilities through various strategies.
This trial account is only valid for 21 days, so take advantage of it immediately. You will have access to the entire platform, which includes various order types, real-time market analysis, and advanced charting capabilities.
If you are at ease with the features and functionality of different platforms, you can transition to live trading after practising in this risk-free environment.
In doing so, we believe that Mexican traders will be able to with confidence enter the real market.
Islamic Account
AvaTrade provides an Islamic account to accommodate the distinctive financial requirements of Mexican traders who adhere to Sharia law.
Swap fees will not be charged for overnight positions held with this account. Rather, AvaTrade imposes an administrative fee to maintain open positions and guarantee adherence to Islamic regulations.
Trading terms for an Islamic account may differ slightly from those of a standard retail account, but traders should be mindful of this. Before opening an Islamic account, Mexican traders should meticulously review and comprehend these terms.
Can Mexican traders get more market trading experience by using a demo account with AvaTrade?
Yes, traders can open a demo account, but as it is only valid for 21 days, they must take advantage of it immediately.
I am a Muslim who follows Sharia rules. Can I trade with AvaTrade?
Yes, AvaTrade offers an Islamic account that adheres to Sharia laws regarding swap fees.
AvaTrade Account Registration
Creating an account with AvaTrade is a straightforward and expeditious process.
To establish a retail account, Mexican traders should adhere to the following procedures:
Step 1 – Click on the Open Account button.
Visit the AvaTrade homepage, review the various account choices and their features, and select “Open Trading Account” by clicking the relevant banner.
Step 2 – Fill out the form.
Complete the registration form with your personal information, like phone number, email address, and full name. Make sure it is accurate, as a verification will be done. Create a strong password to safeguard your account.
AvaTrade vs. FP Markets vs. Exness – Broker Comparison
| AvaTrade | FP Markets | Exness | |
| ⚖️ Regulation | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC | CySEC, FSCA, ASIC, FSC, FSA | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| 📱Trading Platform | AvaTrade WebTrader AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade | MetaTrader 4 MetaTrader 5 cTrader IRESS FP Markets App | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal |
| 💰 Withdrawal Fee | No | Yes | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Min Deposit | 1,700 MXN ($100) | 1,200 MXN (AU$100) | 170 MXN ($10) |
| 📈 Leverage | 1:30 (Retail) 1:400 (Pro) | 1:500 | Unlimited |
| 📊 Spread | Fixed, from 0.9 pips | 0.0 pips | Variable, from 0.0 pips |
| 💰 Commissions | None | From US$3 | From $0.1 per side per lot |
| ✴️ Margin Call/Stop-Out | 25% – 50% (M) 10% (S/O) | 100%/50% | 60%/0% |
| ✴️ Order Execution | Instant | Market | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | No | Yes |
| 📈 Account Types | Retail Account Pro Account Islamic Account | MT4/5 Standard Account MT4/5 Raw Account MT4/5 Islamic Standard Account MT4/5 Islamic Raw Account | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account |
| ⚖️ SFC Regulation | No | No | No |
| 💳 MXN Deposits | No | Yes | No |
| 📊 MXN Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/7 | 24/7 |
| 📊 Retail Investor Accounts | 1 | 4 | 5 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 pips | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited | 50 lots | Unlimited |
| 💸 Minimum Withdrawal Time | 24 to 48 Hours | Instant | 24 hours |
| 💰Maximum Estimated Withdrawal Time | Up to 10 days | Up to 10 working days | 3 days |
| 📞 Instant Deposits and Instant Withdrawals? | No | Yes | No |
| 🎉 Open an account | Open Account | Open Account | Open Account |
Trading Platforms
Not only did AvaTrade impress us with its diverse selection of platforms for Mexican traders, but also with robust functionality and advantages. Continue reading to learn about the findings we made.
MetaTrader 4 and 5
We found that the MetaTrader 4 and MetaTrader 5 platforms offer Mexican clients a consistent and seamless trading experience.
AvaProtect is a feature exclusively integrated with all AvaTrade platforms, protecting against trading losses. This function was particularly beneficial in our experiments when addressing more volatile markets.
Expert traders will appreciate the platforms’ advanced features, including real-time market updates and comprehensive charting capabilities, while novice traders will not find them overly complex.
Our trading productivity was further enhanced by the ability to customize the dashboard and alerts to our unique trading requirements.
AvaTradeGO
We found that AvaTradeGO, the broker’s native mobile trading application, is highly functional and detailed, even on a small screen.
The Market Trends program employs a feature directly integrated with trader behaviour analysis to measure market sentiment. This function aids in the identification of potential trading partners.
The mobile platform’s position is fortified by the added convenience of managing multiple accounts and accessing complex charting options. We believe the program provides a user-friendly interface and allows for efficient and straightforward trade administration.
AvaSocial
Because they are optimal for Mexican traders interested in acquiring knowledge from the strategies and experiences of more seasoned traders, we were attracted to the social trading features of AvaSocial.
AvaSocial offers a distinctive and captivating platform for Mexican traders to enhance their trading skills and knowledge through community engagement.
The platform’s user-friendly design facilitates the identification and monitoring of elite traders, while the transparency of performance and methodology cultivates an educational atmosphere.
AvaTrade Web
No downloads are necessary to access the AvaTrade Web platform, and it can be accessed immediately from any device with an internet connection. Real-time quotations and one-click trading are two critical services that are simply accessible as a result of the interface’s straightforward design.
Incorporating sophisticated risk management capabilities is particularly advantageous for Mexican traders, as they are indispensable in volatile markets.
AvaTrade Web is an exceptional option for traders seeking a user-friendly trading platform, as the modules’ adaptability resulted in an overall increase in trading productivity.
ZuluTrade
ZuluTrade is an exceptional choice for individuals who are interested in enhancing their trading strategies by collaborating with other seasoned traders. During our testing, ZuluTrade, a peer-to-peer auto-trading platform provided by AvaTrade, was distinguished by its robust copy-trading capabilities.
We were satisfied with the website’s algorithm, as it assigns traders to follow according to a range of criteria, such as reliability, trading style, and profitability.
Our copy trading preferences were regulated by the customization options, enabling us to establish risk thresholds and transaction sizes.
DupliTrade
DupliTrade can assist traders in the automation of their trading processes. Upon examining DupliTrade, we found that it simplifies the process of replicating automated trading systems. The platform’s user interface is user-friendly and easy to operate and maintain.
This benefits Mexican traders who prefer to employ automated trading models rather than creating their own strategies.
AvaOptions
AvaOptions provides a platform specifically designed for options trading. It offers diverse tools for implementing comprehensive options strategies, such as customizable trade setups and market scenario simulation.
When trading options, traders can make more informed decisions due to the program’s capacity to visualize potential profit and loss scenarios.
During our testing, we found that these tools are particularly beneficial for the development of strategies that capitalize on market volatility. This may be particularly important for Mexican traders who must adapt to changing market conditions.
Why should I use AvaOptions?
AvaOptions is a good choice for Mexican traders seeking a platform that facilitates trading complex, strategic options while emphasizing risk management and scenario planning.
Which AvaTrade platform should I choose if I am interested in copy trading?
You can choose AvaTrade‘s ZuluTrade or DupliTrade both provide the opportunity for social trading.
Range of Markets
AvaTrade offers more than a thousand instruments across several markets for trading to Mexican traders:
| 📌 Instrument | 📑 Number of Assets Offered | 📈 Max Leverage Offered |
| Currencies | 55 pairs | 1:400 |
| Metals | 5 | 1:200 |
| Commodities | 12 | 1:200 |
| Cryptocurrencies | 20 | 1:25 |
| CFDs on shares | 719 | 1:30 |
| CFD on indexes | 31 | 1:30 |
| Funds / ETFs | 21 | 1:20 |
| Stocks | 625 | 1:10 |
Overall Rating
- 4.8/5
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Leverage and Margin
During our evaluation of AvaTrade, we concentrated on the broker’s management of leverage and margin requirements, two critical factors that Mexican traders must consider.
Mexico largely adheres to the European Securities and Markets Authority (ESMA) regulations, which grant retail clients the ability to leverage up to 1:30 on significant currency pairings.
It should be acknowledged that the extent of leverage that a trader has at their disposal is contingent upon their location. Professional traders are eligible for increased leverage if the broker’s specific standards are met.
In our experience, leverage has the potential to enhance profit opportunities; however, it also increases risk. Consequently, Mexican traders must comprehend the risks associated with leveraged trading and margin calls.
To mitigate excessive losses, traders should implement appropriate risk management strategies, such as stop-loss orders and AvaProtect™, before assuming a highly leveraged position.
Overall, we determined that AvaTrade offers competitive margin rates across a variety of asset classes, which provides Mexican traders with a significant degree of flexibility.
How many stocks can Mexican traders trade with AvaTrade?
Mexican traders can trade more than 620 stocks with AvaTrade.
Why can’t I trade with very high leverage on AvaTrade?
AvaTrade offers traders in Mexico leverage capped at 1:30 due to adherence to the ESMA regulation that restricts the ratio.
AvaTrade Spreads and Fees
Spreads
Even in a volatile market, the difference between buying and selling prices remains relatively consistent due to AvaTrade’s widespread use of set spreads.
This consistency will be highly advantageous to Mexican traders. For instance, the EUR/USD pair typically has a spread of approximately 0.9 pips, making determining your trading costs simple.
Commissions
AvaTrade does not impose commissions on Mexican traders who trade on the listed assets.
This method effectively complements the fixed spread system by eliminating the need to account for additional fees in addition to spreads, guaranteeing that traders know the exact amount they spend on trading strategies.
Overnight Fees
Rollover interest, which is also referred to as swap costs, is assessed on overnight holdings by AvaTrade.
Depending on the asset being exchanged, these fees are assessed daily. These swap rates are readily apparent on the AvaTrade platform, which enables traders to allocate funds for these expenses.
Deposit and Withdrawal Fees
We were delighted to discover that AvaTrade does not impose fees for deposits or withdrawals using the most commonly accepted payment methods, such as debit/credit cards and specific e-wallets.
Inactivity Fees
AvaTrade imposes an inactivity fee on traders whose accounts have been inactive for an extended period. Consequently, traders are advised to execute at least one transaction every three months to circumvent this fee.
Currency Conversion Fees
Currency conversion fees are imposed on deposits and withdrawals by Mexican traders with an AvaTrade account denominated in a currency other than the base currency of their bank account.
Does AvaTrade charge overnight fees for Mexican traders using the retail account?
Yes, AvaTrade charges such fees on all accounts used by Mexican traders except on its Islamic accounts.
What happens when Mexican traders don’t use their accounts for longer than a year?
If you don’t use your account more than once in a year, AvaTrade will charge inactivity fees on that account.
AvaTrade Deposits and Withdrawals
AvaTrade offers traders a variety of traditional payment options that are reliable and compatible with a wide range of currencies. Unfortunately, Mexican traders are unable to deposit or withdraw funds in MXN.
The following table provides a comprehensive overview of the payment options that are available to Mexicans, as well as detailed instructions on how to deposit and withdraw using each type of payment:
| 📚 Payment Method | 🌎 Country | 💸 Currencies Accepted | ⏰ Processing Time |
| Bank Wire Transfer | All | USD, EUR, GBP, AUD | 24 hours to 10 days |
| Credit/Debit Card | All, except Canada | USD, EUR, GBP, AUD | 24 – 48 hours |
| PayPal | All | USD, EUR, GBP, AUD | 24 – 48 hours |
| WebMoney | All except the EU or Australia | USD, EUR, GBP, AUD | 24 – 48 hours |
| Neteller | All except the EU or Australia | USD, EUR, GBP, AUD | 24 – 48 hours |
| Skrill | All except the EU or Australia | USD, EUR, GBP, AUD | 24 – 48 hours |
Deposits
How to Deposit using Bank Wire Step by Step
Navigate to the ‘Deposit’ section of your AvaTrade dashboard and select ‘Bank Wire Transfer.’
Obtain the banking information of AvaTrade for the wire transfer. Subsequently, visit your bank (either in person or online) and commence the wire transfer.
Complete the transaction by entering the desired deposit amount in an accepted currency (USD, EUR, GBP, or AUD).
For your records, retain the reference number or receipt.
The time it takes for the funds to appear in your account will vary depending on your bank and region, ranging from 24 hours to 10 days.
How to Deposit using Credit or Debit Card Step by Step
Please proceed to the ‘Deposit’ section of your AvaTrade dashboard and select ‘Credit/Debit Card’ from the available options.
Kindly provide the expiration date, CVV code, and credit or debit card number.
Select one of the supported currencies (USD, EUR, GBP, or AUD) and input your deposit amount.
Verify the transaction. Typically, your account will be credited within 24-48 hours.
How to Deposit using Cryptocurrency Step by Step
Select your preferred cryptocurrency from the list by logging in to your AvaTrade account and navigating the deposit options.
AvaTrade will provide a list of available cryptocurrencies and a unique wallet address.
Transfer funds from your personal digital wallet to the AvaTrade address.
Your account should be credited within one day.
How to Deposit using e-Wallets or Payment Gateways Step by Step
Navigate to the ‘Deposit’ section of your AvaTrade account and select an e-wallet from the available deposit options (PayPal, WebMoney, Neteller, or Skrill).
Enter the deposit amount and confirm the transaction after being redirected to your e-wallet.
E-wallet deposits are typically processed within 24 to 48 hours.
Withdrawals
How to Withdraw using Bank Wire Step by Step
Select ‘Bank Wire Transfer’ from the ‘Withdrawal’ section of your AvaTrade account.
Please provide the name of your bank, the SWIFT code, and the account number.
Enter the amount you wish to withdraw in a currency that is supported.
Submit a withdrawal request.
The processing time may vary from 24 hours to 10 days.
How to Withdraw using Credit or Debit Cards Step by Step
Navigate to the ‘Withdrawal’ section of your AvaTrade account and select ‘Credit/Debit Card’ as your withdrawal method.
The card used to deposit funds will be used to pay you unless otherwise specified.
Verify the accuracy of the information and input the withdrawal amount.
Within 24 to 48 hours, withdrawals from credit or debit cards are finalized.
How to Withdraw using Cryptocurrency Step by Step
Begin the withdrawal process by logging into your AvaTrade account and selecting the “withdraw in crypto” option.
Enter the withdrawal amount in the selected cryptocurrency and provide the address of your cryptocurrency wallet.
Submit the withdrawal request.
Crypto withdrawal times are contingent upon the confirmation of the particular blockchain.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
Log in to your AvaTrade account and proceed to the “Withdrawal” section.
Enter the amount to be withdrawn and select your preferred e-wallet (PayPal, WebMoney, Neteller, or Skrill).
Please confirm and submit your request.
Funds may not be credited to your bank account for up to 48 hours after completing transactions.
Can I withdraw funds from my AvaTrade account into another account than the one I deposited from?
No, you cannot withdraw money to a different account you used to deposit money; this is to prevent money laundering.
How long will I wait if I withdraw money from my AvaTrade account?
If you withdraw money, your waiting time will depend on your method – from 24 hours to a few days.
Education and Research
| 📅 Economic Calendar | Yes |
| 📍 VPS | No |
| 📊 AutoChartist | No |
| 📶 Trading View | Yes |
| 📡 Trading Central | Yes |
| 🌐 Market Analysis | Yes |
| 📰 News Feed | Yes |
| 💻 Blog | Yes |
| 📚 eBooks | Yes |
| 📱 Educational Videos | Yes |
| 💻 Platform Tutorials | Yes |
| 🧮 Webinars | No |
| 👥 Seminars | No |
| 🗩 Live Support | Yes |
Can Mexican traders study eBooks on the AvaTrade website?
Yes, Mexican traders can access eBooks about trading on the AvaTrade website’s educational page.
Does AvaTrade provide seminars in Mexico where traders can learn to trade?
No, AvaTrade does not offer seminars in Mexico, but they do provide several other learning options.
Bonuses and Promotions
AvaTrade does not frequently provide bonuses to either new or existing clients.
Affiliate Programs
AvaTrade’s affiliate program is another area in which it excels. Traders who become affiliates can reap various benefits, such as commissions, by encouraging others to register and commence trading with this premier Forex and CFD broker.
Features
We thoroughly examined the AvaTrade affiliate program as part of our comprehensive broker review.
The AvaTrade affiliate network is highly adaptable and provides exceptional earning potential. A diverse array of payment plans, such as revenue share and CPA (Cost Per Acquisition), are available to affiliates in Mexico.
The program offers a variety of advantages to a wide range of potential partners, such as Mexican influencers and entrepreneurs interested in online trading and Forex.
Affiliates receive commissions based on the volume of trading that client conducts or the number of new clients they bring in.
AvaTrade offers its affiliates marketing resources, and dedicated affiliate managers provide affiliates with personalized support and guidance.
How to Register an Affiliate Account with AvaTrade Step-by-Step
Step 1 – Click on the Partner tab.
Visit the AvaTrade homepage, find and click on the “Partners” tab in the main menu to load the AvaPartner program page.
Step 2 – Click on the Register button.
Review the program’s terms and conditions, then go to the main affiliate page and look for the “Register” button.
Step 3 – Fill out the form.
An online registration form will load. Fill out all required information, including Name, Email, Country of Residence, Phone Number Website/Marketing Channel Details (including, if relevant, the URL) and how you plan on marketing AvaTrade.
Step 4 – Verify your email address.
Once completed, AvaTrade will verify your address via an email with a verification link. Your application will be reviewed by the AvaPartner team, and a mail with your login information will be sent when your application is accepted.
Can Mexicans make money out of the AvaTrade Affiliate Program?
Yes, Mexican affiliates can make money as affiliates through commissions based on new clients they referred to AvaTrade and on the trading volume of those clients.
When can I join the AvaTrade Affiliate Program?
You can join the program if you have an active plan to market the broker like a planned email campaign or a website or social media accounts to use.
Customer Support
| Customer Support | AvaTrade Customer Support |
| ⏰ Operating Hours | 24/5 |
| 🗣 Support Languages | Multilingual |
| 👥 Live Chat | Yes |
| 📱 Email Address | – |
| 📞 Telephonic Support | Yes |
| ✅ The overall quality of AvaTrade Support | 5/5 |
Response Time
| 📞 Support Channel | ⏰ Average Response Time | 👥 User-based Response Time |
| Phone | 5 minutes | 2 – 5 minutes |
| 1 working day | Same-day | |
| Live Chat | 5 – 10 minutes | 2 – 5 minutes |
| Social Media | 1 hour | 2 – 5 minutes |
| Affiliate | 1 working day | Same-day |
Can Mexican traders reach AvaTrade's customer service at any time?
No, Mexican traders can only reach AvaTrade‘s customer service five days a week, but the response is always quick.
Is AvaTrade's customer support available for Mexicans?
Yes, the customer support team at AvaTrade is available to Mexicans in Spanish.
Social Responsibility
Our comprehensive examination of AvaTrade encompassed an examination of the organization’s corporate social responsibility initiatives.
It was discovered that, despite its commitment to charitable causes, AvaTrade does not provide as much information about its corporate social responsibility (CSR) programs as some of its competitors.
User Comments and Reviews
“I was assigned an account manager who was diligent in his efforts to provide me with support. He consistently offered me the assistance I needed.”
“The AvaTradeGO application for your smartphone is an exceptional resource!”
“The most appealing aspect of AvaTrade is the potential for me to acquire a wealth of knowledge. They assisted me in formulating more informed trading decisions.”
“Since I stumbled upon AvaTrade, I have become more successful as a trader due to their straightforward approach and excellent service.”
10 Best Forex Brokers in Mexico
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Conclusion
After thoroughly examining AvaTrade as a forex and CFD broker, we think it is a dependable platform for Mexican traders. The global markets offer traders diverse financial products, such as numerous currency pairings and CFDs, which provide them with many opportunities to participate.
They offer high-leverage options, which traders should exercise caution with, as they can be both profitable and risky.
We must commend AvaTrade for its dedication to education and its extensive selection of trading instruments. We appreciate that traders can engage in practice without putting real money at risk by utilizing a 21-day demo account.
Regrettably, AvaTrade does not accommodate local currencies, which results in additional expenses for Mexican traders. Our experience with AvaTrade suggests that, despite a few shortcomings, it is a reliable broker that offers exceptional resources to Mexican traders in the FX and CFD markets.
Our Insight
Our experience with AvaTrade suggests that, despite a few shortcomings, it is a reliable broker that offers excellent resources to Chilean traders in the FX and CFD markets.
Our Recommendations on AvaTrade
Even though AvaTrade is a reliable forex and CFD broker for Mexicans, we believe that there are still potential areas for improvement, including:
Training and forex and CFD trading seminars can be conducted in Mexico’s major cities, as traders in these regions require information regarding AvaTrade’s platforms, tools, and risk management tools.
Including deposit and withdrawal options in Mexican Pesos will increase the platform’s appeal to local traders.
AvaTrade could provide Mexican traders with superior financial solutions and expedite financial transactions by collaborating with local banks and financial groups.
AvaTrade Pros and Cons
| ✅ Pros | ❌ Cons |
| Mexicans can trade a range of markets with AvaTrade using several powerful platforms | Deposits and withdrawals in MXN aren’t supported |
| AvaTrade has extensive educational materials and trading tools | There are inactivity fees charged on dormant accounts |
| There are several proprietary and third-party platforms available to Mexicans | Withdrawal times can be extremely slow |
| Professional traders can use leverage of up to 1:400 | AvaTrade is not regulated in Mexico |
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Frequently Asked Questions
Where is AvaTrade regulated?
AvaTrade is regulated by multiple financial authorities, like the Central Bank of Ireland, ASIC in Australia, and the FSCA in South Africa.
How many AvaTrade trading platforms are available for traders in Mexico?
AvaTrade offers several platforms, including MetaTrader 4 and 5, for Mexican traders.
Does AvaTrade offer more than one account type?
No, AvaTrade offers one retail account with the option for a Professional and Islamic Account.
Can I trade more than one market with AvaTrade?
Yes, with AvaTrade you can trade several markets like forex, cryptocurrencies, commodities, stocks, and indices.
Is AvaTrade customer support available in languages other than English?
Yes, Mexican traders can get multilingual customer support.
