If you open an account with AvaTrade, you will notice a field on the registration page that asks for a partner code. A lot of people leave it blank without knowing what they are leaving behind. Entering the correct partner code activates a sign-up bonus that is worth up to thousands of dollars in extra capital, based on what you deposit.
The partner code will not change your fees in any way. Identical spreads, unchanged execution, identical account type. You just receive free capital in addition to your personal deposit. It is basically bonus capital from the broker's advertising budget.
How Does the AvaTrade Partner Code System Work
The system is straightforward. AvaTrade generates partner codes as part of their partnership programme. When an incoming trader types in a working code during account registration, the platform flags it. After you make your first deposit, the welcome bonus is deposited to your account automatically.
The bonus amount varies with your deposit amount. Bigger deposits earn more generous bonuses. Some deposit tiers can reach several thousand in extra capital. Every dollar goes right into your live account and is deployed from day one.
Why AvaTrade Even Has Partner Codes
It comes down to customer acquisition costs. Getting a new live trader already costs a broker hundreds in marketing spend. Offering a deposit bonus that converts a customer who then creates far more in spread revenue over months is good ROI for the broker.
In other words it is not altruism. It is a strategic acquisition expense for AvaTrade. But that is not a bad thing for the client. The bonus is actual money you can trade with. Each party walks away with something of value.
But Is AvaTrade Really Safe
This is one area where AvaTrade does well from a lot of rival brokers. They are regulated by licences from multiple countries worldwide. Covering tier-1 regulators like the Central Bank of Ireland, the Australian ASIC, and Japan's FSA.
Multi-jurisdiction regulation at this level is unusual among retail brokers. A lot of brokers hold a licence in a single or a couple of countries. AvaTrade being regulated in 9 gives an amount of trust that not many rivals offer.
AvaTrade have been running since 2006, which gives them close to 20 years in the market. This level of track record is worth noting when you are handing a broker with your funds.
What Can You Actually Trade on AvaTrade
AvaTrade provides access to a broad spread of tradable markets. The key categories are:
Forex — more than 50 currency pairs including the major pairs, minors, and some exotic pairs
Equities — CFDs on major equities from various exchanges
Commodities — including gold and silver, oil, energy markets, and agricultural commodities
Indices — the main market indices including the S&P 500, FTSE, DAX, and more
Cryptocurrencies — BTC, Ethereum, and several additional digital tokens
ETFs — a selection of exchange-traded funds
Bonds — sovereign bond instruments
The market coverage is better than average compared to many online brokers. The majority of traders are likely to find what they need without needing a second broker account.
Trading Platforms Available on AvaTrade
AvaTrade provides access to a few different execution platforms. The key platforms include:
MetaTrader 4 — the global default for FX trading. Full charting, automated indicators, Expert Advisors support
MetaTrader 5 — the newer version with more charting tools and better backtesting
WebTrader — web-based platform with no install needed. Useful for fast trading from any device
AvaTradeGO — the mobile app for iPhone and Android. Intuitive layout with complete account management functionality
AvaOptions — a dedicated platform for forex FX options. Fairly uncommon among online brokers
On top of that, AvaTrade integrates with social trading platforms such as DupliTrade and ZuluTrade for social trading. It is possible to follow the trades of top-performing read more traders automatically through the connected platforms.
What to Check About the Bonus Conditions
As with any trading promotion, there are requirements tied to it. The main one is a turnover requirement. You have to execute a minimum volume prior to the bonus is made available for withdrawal.
This is common across every broker. No licensed broker will let you just sign up, collect the bonus, and withdraw. You hit the volume target first, then the bonus is released as real money.
For frequent traders, this is generally hit via regular trading habits without any change in behaviour. The bonus effectively gives you bonus capital to trade with as you satisfy the requirements.
A couple of other points to be worth checking:
Whether the bonus has an expiration. Some bonus structures expire if volume targets are not met within a specified period
What happens to your bonus funds if you cash out your own funds prior to meeting the trading conditions
Whether the bonus applies to all asset classes or only particular ones
All of this is typical promotional terms. Just check the bonus terms before committing so there are no issues down the line.
How to Enter the AvaTrade Partner Code
The procedure takes maybe five minutes:
Go to the AvaTrade sign-up page
Complete your account information — your name, email, contact details, location
Locate the promotional code input on the registration form. It is usually labelled something like "Have a partner code?" or "Partner code"
Type the partner code into that field
Complete your registration and go through the account steps
Complete your opening deposit. The promotional credit will be deposited without further action per the bonus bracket
The one point to be aware of: the majority of brokers cannot allow you to apply a partner code after the account is created. Enter it in the account opening process, not afterwards. There is usually no method to go back and add it once the account has been opened.
Is It Really Worth Using an AvaTrade Partner Code
To be direct: definitely. I see zero disadvantage. Your spreads do not change. You only start with bonus funds in your account on top of your personal deposit.
Five minutes of effort during registration for up to thousands in free trading funds. By any measure that is a worthwhile exchange.
The only thing is getting your code from a current site rather than old forum posts where codes might have expired. Confirm the broker's regulatory status, understand the bonus conditions, and input the code during sign-up. That is really all there is to it.