AvaTrade has more than 50 currencies available. The company was founded in 2006 and has more than 400,000 users world-wide. As a multi-national company, AvaTrade supports specific base currencies and several currency pairs. Recently, the company was approved by the Superintendencia Financiera de Colombia (SFC), welcoming new users from Latin America too. AvaTrade Beginners need to have base currency to get started. To learn more, here is the Avatrade currencies supported list and details below.
The World’s Most Valuable Currencies List
To strategically leverage maximum AvaTrade supported assets, familiarize yourself with the world’s most valuable currencies. A currency’s actual strength is based on relative purchasing power, central bank interest rates, global trade balance, and the current domestic economy. Today, some of the strongest, most valuable currencies are:
- Kuwaiti Dinar (KWD): 1 KWD = $3.26 USD appx.
- Bahraini Dinar (BHD): 1 BHD = $2.7 USD appx.
- Omani Rial (OMAR): 1 OMR = $2.60 USD appx.
- Jordanian Dinar (JOD): 1 JOD = $1.41 USD fixed
- Pound Sterling (GBP): 1£ = $1.30 USD appx.
- Cayman Islands Dollar (KYD): 1 KYD = $1.22 USD fixed
- Swiss Franc (CHF): 1 CHF = $1.12 appx.
- Euro (EUR): 1€ = $1.10 appx.
- United States Dollar (USD): World’s Reserve Currency
- Bahamian Dollar: Pegged At USD On Par-To-Par
Leverage strong currencies on AvaTrade – backed with transparent conditions, cutting-edge resources, highly-responsive support, and award-winning services. Certainly, understand the most valuable global currencies recognized in the market.
What Are The AvaTrade Base Currencies?
AvaTrade, one of the best forex broker in Colombia, supports 7+ major base currencies. AvaTrade offers base currencies such as GBP, EUR, USD, CHF, AUD, ZAR, JPY, and CHF. You must have AvaTrade minimum deposit funds into your account in base currency. Make sure you select the correct base currency while creating your AvaTrade real account. Your choices include:
- GBP (£)
- EUR (€)
- USD ($)
- CHF (CHF)
- AUD (A$)
- ZAR (R)
- JPY (¥)
- CHF (CHF)
You can avoid paying a conversion fee if you make the AvaTrade deposit in the same currency. AvaTrade charges a fee for deposits denominated in a different base currency. You can open a multi-currency bank account to get started without AvaTrade trading fees. Surely, choose from the list of AvaTrade supported base currencies.
Can I Change The Base Currency?
You might be wondering, if I can change the base currency in AvaTrade? Once you created your Avatrade account, the currency base cannot be updated to a new one. Before you finish your account creation process, make sure the “currency” and “Chosen Platform” fields match with the correct currency base.
To change the currency base, open a new account with the preferred base currency. Simply login into your existing account on the Avatrade site and click on “Add an Account”, choose the trading platform, and the new account base currency. Finally, click on “Submit” to open a new account. Even though changing the account base currency is not possible, Avatrade offers an alternative for you too.
AvaTrade Minor Currency Pairs
Carefully review supported minor currency pairs on AvaTrade accounts. Particularly, AvaTrade supports all minor pairs without USD as the base currency. These pairs contain one stable currency – along with a high-yielding growth currency. A few commonly used minor pairs on the AvaTrade platform include:
- GBP-CHF
- GBP-AUD
- GBP-NZD
- CAD-CHF
- AUD-CHF
- AUD-NZD
- NZD-JPY
- EUR-CAD
- EUR-AUD
- EUR-GBP
Of course, you can also find correlations with other major currency pairs to increase your efficiency. Follow the latest updates on central banks, local bodies, and news events that all impact minor pairs on AvaTrade. Indeed, open a new AvaTrade account type to access supported multiple minor currency pairs.
AvaTrade EUR/USD Currency Pair Conditions
With favorable conditions, AvaTrade supports EUR/USD for all Latin American, and global clients. As one of the best Forex Broker in Colombia, Avatrade lets to leverage EUR/USD Currency Pair withdrawals without fees. Follow the official website for latest price updates, margin, and AvaTrade spreads on EUR/USD pair. Particularly, all AvaTrade clients prefer this high-potential pair – including beginners, experienced, and seasoned professionals. Additionally, watch out for the latest updates from European Central Bank, US Federal Reserve Bank, and other official bodies that may impact EUR/USD performance on AvaTrade accounts.
AvaTrade Currencies Chart
Moreover, review the Avatrade platform currency chart list. You can view an entire list of 53 supported currencies on the website. Sort the list by base pairs, percent change and current rates. Follow the most popular currencies from the world’s largest economies. Further, you can learn about the history and performance past down times. Note that each currency pair has it’s own factors including exchange rates, unites, and times. Here’s a list of the popular commodities supported by AvaTrade:
- EUR/USD
- GBP/USD
- USD/JPY
- EUR/JPY
- AUD/USD
- EUR/CHF
- EUR/GBP
- USD/CAD
- USD/CHF
Of course, the live chart offers up to date pricing and rates. To get real time information, you can create a free account on the platform.
AvaTrade supports a wide range of base currencies and pairs. Particularly, you can fund your account with EU, GBP, USD, and other popular base currencies. Once funded, access all supported major currency pairs. Additionally, you can also utilize minor currency pairs that do not include USD as the base currency. Before managing any position on AvaTrade accounts, go through the official currency chart available on AvaTrade website for detailed analysis Follow the points above to learn more about supported base currencies, major, minor, and exotic pairs on AvaTrade.