AvaTrade is legally allowed to offer trading in Australia, in compliance with the ASIC. One of the most highly trusted and regulated brokers in the common wealth, AvaTrade adheres to the strict financial regulations, standards, and restrictions of the Tier 1 regulator. Founded in 2006, the company is regulated in 9 major regions and 6 continents, including the Australian continent, Oceania area and even in Colombia, South America by the SFC. Known for trust and integrity in several available AvaTrade countries, the online trading broker services Aussies and local citizens following the Sydney market hours. In this post, we’ll review AvaTrade licenses, regulations and trading conditions in the Australian Commonwealth.
Is AvaTrade Broker Available In Australia?
AvaTrade brokerage is available for Australian traders. Founded in 2006, AvaTrade’s country of origin is Dublin, Ireland. The company established worldwide access to AU traders on the market. For instance, Australian clients can open an account on AvaTrade with a secured, safe, and feature pack platform. Meanwhile, AvaTrade is authorize strict compliance of jurisdictional laws under international regulators – including in Australia. Here, you can trust your trading career to the company and employ these key assets:
- AU Accounts require citizenship or tax residence
- Overseen by multiple regulators – this includes an Australian authority
- The platform features CFDs financial instruments
- Multiple secured services & options – you can read more about this on our in-depth AvaTrade broker review.
Indeed, AvaTrade as a legitimate company paves way for AU traders to start trading digitally on FX CFDs, and financial instruments with top-tier regulating bodies.
Is AvaTrade regulated by ASIC?
AvaTrade is regulated and licensed by the Australia Securities & Investments Commission (ASIC). The broker is licensed under the Ava Capital Markets Australia Pty Ltd entity with the following address: Ground Floor, 320 Pitt Street, Sydney NSW 2000. You can find the official license no. 406684 and ACN 143 340 907 on the ASIC registry. The Ava group originally registered with the ASIC in 2010 and due for another review in 2025. Under the ASIC, AvaTrade offers Forex, CFDs and Options trading products to the Australian markets. Since this regulatory body is known as one of the toughest in the world, Aussie traders trust AvaTrade for a highly regulated trading environment. The ASIC broker regulation restrictions include:
- Leverage limitations
- Bonuses and incentives
- Negative balance protection
Certainly, the ASIC trading conditions exist to protect traders of all experience levels and maintain an environment of high-quality brokers.
AvaTrade Pros & Cons Overview
As a trusted broker in Australia, there are some pros and cons to the platform. For the pros, you can trade a wide range of instruments, devices, and markets. You have the oversight and strict compliance of the regulatory bodies like the ASIC. However, you should be aware of the following cons:
- Inactive account fees
- Customer support operates Monday-Friday
- New account deposits take up to 10 days
- Limited trading instruments in other regions
If you have an inactive trading account for 3 months or more, consider closing the account to avoid unescceary fees. For active traders, the broker offers retail, professional, and AvaTrade islamic accounts.
AvaTrade Trading Instruments
AvaTrade is an Australia licensed ASIC-regulated broker with a wide range of trading instruments. With AvaTrade you can access 250+ popular trading instruments including 60+ currency pairs. You can trade a range of forex pairs, commodities, Avatrade crypto, Avatrade CFDs, stocks, ETFs, FXOptions and bonds either directly or through CFDs. Plus you can leverage AvaTrade’s advanced trading platforms such as MetaTrader 4, MetaTrader 5, and AvaOptions to meet your specific trading needs.
AvaTrade also acts as a dealing broker allowing you to trade in cryptocurrencies and vanilla forex options. As a top ASIC-regulated forex trading broker in Australia, the business takes security precautions to secure your funds while in the account. Definitely, AvaTrade is an Australian licensed ASIC broker offering access to a variety of trading instruments.
AvaTrade Spreads & Fees In Australia
Moreover, explore Avatrade’s spread and fees in Australia as a trading firm licensed by the ASIC. You pay the trading platform for its services through Buy/Sell spreads when opening a trading position. There can be different types of fees applied to your account based on your trading activity. To check the spread for a specific instrument you need to click on the details icon in the information section.
Top 10 Stocks Spreads
Stock Instrument | Spread |
GROUPON | 0.36% |
APPLE | 0.13% |
0.13% | |
AMAZON | 0.13% |
INTEL | 0.13% |
MICROSOFT | 0.13% |
TESLA | 0.13% |
NETFLIX | 0.13% |
TEVA | 0.13% |
AMERICAN EXPRESS | 0.31% |
Depending on your trading activity, there might be some additional fees. Watch out for the latest AvaTrade bonus offers to join the brokerage platform at a low trading cost. When you hold a trading position after 22:00 GMT, you may be charged an overnight premium (0.0058%) that is indicative and subject to change. If your account is for 3 consecutive months, you will be deducted $50, €50, or £50 which can change overtime.
Additionally, you will be charged an annual administration fee of $100, €100, or £100 if your account remains inactive after 12 months, unless it is prohibited by the law. Mostly, be aware of this ASIC licensed trading platform fees and spreads to know its advantages for you as a trader.
AvaTrade Leverage In Australia
AvaTrade leverage is regulated by the ASIC in Australia. Leverage has a major impact on the trading experience, risk level and potential profits or losses. By leverage trading in the commonwealth, you put down a small amount of margin and trade with a larger position. Since you only control a percentage of the position, your profits or losses are amplified. In compliance with Aussie laws, brokers must close out positions when equity does not cover specific margin requirements. Down under, regulator bodies allow 30:1 leverage trading for retail traders. However, there are specific leverage requirements for asset classes:
AvaTrade Asset Class | Leverage In Australia |
Forex | 1:30 |
CFDs | 1:30 to 1:2 |
Indicies (US500, US30, Tech100) | 1:20 |
Gold Trading | 1:20 |
Shares | 1:5 |
Cryptocurrency | 1:2 |
For Australian leverage trading accounts, AvaTrade maintains a 50% margin requirement. However, with negative balance protection, traders do not lose more than their account balance.
AvaTrade For Automated Trading Australia
AvaTrade’s automated trading system in Australia is regulated by ASIC. Automated trading on AvaTrade has allowed beginners and experienced traders to make the most of the market opportunities in real time for over a decade.
AvaTrade caters to traders through the following options:
1. MetaTrader 4 (MT4), MetaTrader 5 (MT5) & Expert Advisors (EAs): MT4 & MT5 allow the traders to carry out trades with the help of EAs based on automated programs that have pre-coded regulations. Aussie Traders use this to execute algorithmic plans with algo-trading brokers.
2. API Trading: Veteran traders use AvaTrades’s API Trading to fully automate their trades by linking it to their unique trading systems.
3. DupliTrade and ZuluTrade: These two platforms allow traders to replicate traders of experienced traders.
4. AvaSocial : An interactive platform where users copy the trading policies of other traders. It mainly engages traders and allows them to view the trading decisions of experienced traders. AvaTrade’s automated trading solutions create favorable features for a range of traders, making it an award-winning platform in Australia and worldwide.
How To Open An Account In Australia
Open an AU account on a licensed ASIC brokerage. With AvaTrade partner code, you can create a live account on MT4, MT5, WebTrader and more AvaTrade trading Apps. Here, leverage trading conditions under ASIC regulations over 1000+ financial instruments on FX, CFDs, Stocks, and Indices. Plus, get a 100% welcome bonus when opening your new Avatrade account. To start, you can follow these three simple steps:
- Go the AvaTrade Australia Official Website
- Sign Up for an AU account and verify your details
- Fund your account and start your FX journey
All Australian trading accounts on the platform have varied account types – from AU retail, professional, and Manage Multiple Accounts (MAM). Meanwhile, trade with 1M+ worldwide users, transact FX exchange in investor protections, and partake against competitive environment. Plus, beginner AU traders can avail for a demo account to suit necessary skills before you enter on the market. Indeed, the broker access you to a multiple ASIC trading options to start your trading career in Australia.