If you open an account with AvaTrade, you will see a field on the registration page asking for a partner code. Most people ignore it without knowing what they're missing. Applying the right partner code unlocks a welcome bonus that is worth up to thousands of dollars in extra capital, depending on the amount you fund your account with.
The partner code does not alter your trading conditions in any respect. Unchanged spreads, same order execution, unchanged platform. You just receive free capital in addition to your personal deposit. It's essentially bonus capital from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code Work
The process is pretty simple. AvaTrade distributes partner codes through their partnership program. When an incoming trader types in a working code during account registration, the system registers it. Once you process your opening deposit, extra capital is credited to your account automatically.
The bonus amount varies with your deposit amount. Bigger deposits trigger higher bonuses. Certain deposit levels go up to several thousand in extra money. Every dollar goes right into your live account and can be traded with straight away.
Why AvaTrade Gives Out Partner Codes
It boils down to client acquisition economics. Getting a new live trader costs a broker hundreds in promotional budget. Giving a welcome bonus that attracts a trader who then produces thousands in commission earnings over their trading lifetime is solid economics for the broker.
So it is not altruism. It is a deliberate acquisition cost for AvaTrade. But it is no problem for the trader. The bonus is real funds you can use. Both party walks away with something of value.
But Is AvaTrade Genuinely Trustworthy
Here is where AvaTrade separates itself from many other brokers. They are regulated by licences from 9 jurisdictions globally. That includes tier-1 bodies like the Central Bank of Ireland, the Australian ASIC, and Japan's FSA.
Global regulation like this is not common among CFD brokers. The majority of brokers operate in a single or a couple of regions. AvaTrade being overseen in that many gives a degree of confidence that not many other brokers offer.
The broker have been running since 2006, which gives them close to 20 years in the business. That kind of longevity matters when you are trusting a broker with your money.
What Can You Actually Trade on AvaTrade
AvaTrade offers a broad selection of tradable markets. The core categories include:
Forex — over 50 currency pairs covering partner code avatrade the major pairs, minor pairs, and some exotics
Stocks — CFDs on individual stocks from various global exchanges
Commodities — covering precious metals, oil, energy markets, and agricultural commodities
Indices — major stock indices including the S&P 500, FTSE, DAX, and more
Cryptocurrencies — Bitcoin, Ethereum, and a selection of smaller digital currencies
ETFs — various exchange-traded funds
Fixed income — sovereign bond CFDs
The instrument range is better than average against many retail brokers. Most traders are likely to find enough without needing an additional broker account.
Trading Platforms Supported on AvaTrade
AvaTrade offers several execution platforms. The primary options include:
MetaTrader 4 — the industry standard for FX trading. Full charting, automated indicators, EA support support
MetaTrader 5 — the next-generation iteration with more asset classes and better backtesting
WebTrader — web-based platform with no install required. Handy for quick execution from any machine
AvaTradeGO — the smartphone app for iPhone and Android. Modern layout with full charting functionality
AvaOptions — a purpose-built platform for forex vanilla options. Quite rare among CFD brokers
In addition, AvaTrade connects to third-party platforms such as DupliTrade and ZuluTrade for copy trading. Traders can follow the positions of top-performing traders directly via these platforms.
Things to Understand About the Bonus Conditions
Like any broker promotional offer, there are terms involved. The main one is a lot requirement. You must trade a minimum volume prior to the bonus gets made available for withdrawal.
That is common across the industry. No reputable broker allows you to just deposit, take the bonus, and leave. You hit the volume target first, then the bonus converts to real capital.
If you are frequent traders, this is typically hit during everyday trading habits without any extra effort. The bonus basically provides bonus money to trade with until you satisfy the target.
A few other things worth checking:
Whether the bonus has an expiry date. Some bonus offers expire if conditions are not met within a set timeframe
What happens to the bonus if you withdraw your own deposit prior to satisfying the lot conditions
If the bonus works across all asset classes or only select ones
These are typical industry terms. Just scan the bonus terms ahead of signing up so there are no unexpected catches down the line.
How to Apply the AvaTrade Partner Code
The process takes under ten minutes:
Visit the AvaTrade registration page
Enter your registration information — name, email, contact details, location
Look for the partner code input on the registration form. It is usually shown as along the lines of "Have a partner code?" or "Partner code"
Type the partner code in that box
Complete your account setup and go through the identity steps
Place your first deposit. The promotional credit is credited without further action according to the bonus bracket
One detail to note: most brokers do not let you apply a partner code after your account is set up. Use it in sign-up, not later. There is generally no way to go back and apply it after the account exists.
Is It Worth It to Using an AvaTrade Partner Code
Simply put: absolutely. I see no negative. Your spreads are not affected. You just start with free money added to your account on top of your own deposit.
Under ten minutes of effort during sign-up for possibly thousands in extra trading cash. By any measure that is a solid use of your time.
The key point is getting your code from a active source rather than old listings where codes may have expired. Verify the broker's regulatory status, understand the bonus T and Cs, and enter the code during registration. That is genuinely all there is to it.