When you open an account with AvaTrade, you will notice a box on the registration form that asks for a partner code. A lot of new users skip it without realising what they're missing. Using the right partner code triggers a welcome bonus that goes up to $10,000 in additional funds, determined by the amount you fund your account with.
The partner code does not touch your fees in the slightest. Identical spreads, unchanged execution, identical account type. You just start with extra money alongside your own deposit. It is really just free money from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code Work
The process is not complicated. AvaTrade issues partner codes via their referral network. When a new trader inputs a working code during account registration, the platform flags it. After you place your first deposit, bonus funds is deposited to your account without any extra steps.
The bonus amount varies with your deposit amount. Bigger deposits earn more generous bonuses. Some deposit tiers can reach thousands 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 costs a broker hundreds in marketing spend. Offering a deposit bonus that secures a client who then produces thousands in commission earnings over time is sound maths for the broker.
Put simply it is not generosity. It is a calculated marketing investment for AvaTrade. But it is totally fine for the trader. The bonus is real funds you can deploy. Both party receives something worthwhile.
Is AvaTrade Legitimately Safe
This is one area where AvaTrade separates itself from many other brokers. They carry regulation across multiple countries worldwide. Covering tier-1 regulators like the CBI, the Australian ASIC, and the FSA in Japan.
Global regulation like this is not common among CFD brokers. A lot of brokers hold a licence in a single or two countries. AvaTrade being regulated in 9 gives an amount of trust that not many competitors offer.
The broker have been operating since 2006, which gives them almost 20 years in the business. This level of longevity is relevant when you are entrusting a broker with your money.
What Do You Actually Trade on AvaTrade
AvaTrade supports a decent selection of financial instruments. The core asset classes include:
Forex — over 50 FX pairs covering all the majors, minor pairs, and several exotics
Shares — contracts on global stocks from several markets
Commodities — covering gold, oil, natural gas, and agricultural commodities
Indices — key market indices like the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, Ethereum, and several smaller digital assets
ETFs — a selection of exchange-traded funds
Fixed income — sovereign bond instruments
The market coverage is strong relative to many online brokers. Most traders will find sufficient coverage with no need to requiring an additional broker account.
Trading Platforms On Offer on AvaTrade
AvaTrade provides access to a few different trading platforms. The main options are:
MetaTrader 4 — the global default for forex trading. Full charting, automated indicators, Expert Advisors support
MetaTrader 5 — the newer version with more charting tools and improved backtesting
WebTrader — browser-based trading with no download needed. Convenient for on-the-fly execution from any connected computer
AvaTradeGO — the smartphone app for iOS and Android. Modern interface with complete trading features
AvaOptions — a purpose-built tool for trading vanilla options. Quite niche among online brokers
In addition, AvaTrade supports external platforms like DupliTrade and ZuluTrade for automated strategy following. Traders can copy the trades of experienced traders directly via these platforms.
Things to Check About the Partner Code Bonus Conditions
As with any broker promotion, expect terms attached. The standard one is a lot requirement. You have to trade a set volume prior to the bonus is made cashable.
This is typical across all brokers. Not a single reputable broker lets you just sign up, grab the bonus, and cash out. You hit the volume target first, then the bonus is released as real money.
For frequent traders, this is often reached during normal trading patterns without any change in behaviour. The bonus basically adds additional money to trade with while you hit the conditions.
A couple of other things to be worth being aware of:
If the bonus has a time limit. Certain promotional offers become void if conditions are not met within a defined timeframe
What happens to your bonus funds if you cash out your own capital prior to reaching the trading requirement
Whether the bonus covers all instruments or only specific ones
Every one of these is normal industry conditions. Simply read the T and Cs ahead of depositing so there are no unexpected catches after the fact.
How to Activate the AvaTrade Partner Code
The process take a few minutes:
Visit the AvaTrade sign-up page
Complete your registration info — your name, email, contact details, residence
Locate the partner code field on the registration form. It is usually labelled something like "Have a partner code?" or "Partner code"
Input the partner code in that box
Finish your account setup and complete the ID checks
Complete your first deposit. The welcome bonus gets added on its own according to the bonus bracket
The one point to note: most brokers will not let you enter a partner code after registration has been created. Enter it during the account opening process, not read more afterwards. There is usually no method to go back and add it once the account exists.
Is It Really Worth It to Using an AvaTrade Partner Code
Short answer: yes. I see literally no disadvantage. Your fees stay the same. You just have extra money credited to your account in addition to your own deposit.
A few minutes of work during sign-up for potentially significant amounts in free trading funds. That is a worthwhile deal.
The only thing is using a verified directory rather than old listings where codes might have been discontinued. Verify the broker's regulation, understand the bonus terms, and input the code during registration. That is genuinely all there is to it.