AvaTrade South Africa

AvaTrade South Africa office is regulated under the official company name of Ava Capital Markets Ltd, and continues offering trading in a variety of financial instruments including forex, CFDs, and cryptocurrencies. The company is headquartered in Dublin, Ireland and has offices in a number of other countries around the world including South Africa.

Holding authorisation with the Financial Sector Conduct Authority (FSCA) under FSP license number 45984 for more than 7 years means AvaTrade is one of the first International CFD brokers in South Africa to have a real local presence. This commitment to South African traders is something that has no doubt helped the broker to cement its’ place near the top CFD brokers lists in South Africa.

AvaTrade Review Features & They Stand Out In South Africa and Beyond

When trading with AvaTrade in South Africa, you will find you have access to a whole range of features and tools that are not common place across even other top brokers in the Country.

AvaSocial – This is the newer social trading platform brought on line by AvaTrade in recent times. Giving you access to a community of traders you can copy or trade with, AvaSocial is a different way to trade CFDs in South Africa with AvaTrade.

AvaOptions – Trade forex options on 40 different pairs, using up to 13 different options trading strategies. The AvaOptions platform is simple to use, intuitive, and in our view, one of the best options trading apps for South African traders on the regulated market. See the video below for more on AvaOptions.

AvaProtect – This is an innovative risk management option from AvaTrade that can be used to protect yourself from losing trades up to a maximum of $1million. AvaProtect works similar to an insurance policy that pays out in the event of a losing trade, in return for a hedging fee. The premium of the hedging fee is calculated using the EV (expected volatility) of your position over the contract duration. (More information on AvaProtect is available here).

If you close a trade in a profit, you keep that as usual; but if you close out a losing trade, you will be reimbursed the loss.

We are huge fans of AvaProtect as a way to hedge your risk, even if the premium does eat into the profit of your winning trades; it should not be underestimated the potential upside of avoiding those losing calls.

AvaTradeGo – The AvaTrade mobile app is widely regarded as being one of the best forex apps in South Africa. With a recent award for best trading app from the Global forex awards, this is a platform that has fared really well by critics since its’ introduction.

You will find more than 1000 instruments available to trade, covering a variety of different asset classes. Forex, CFDs, cryptocurrency, commodities, and more, are all right there in the palm of your hand with AvaTradeGo. There are a few rather nice additional tools available including the Market Trends sentiment tracker that gives some rather insightful data on how others are trading, with live updates.

AvaTrade Minimum Deposit ZAR Conversion

The AvaTrade minimum deposit amount is set at just $100. This continues to make it one of the more accessible brokers in the industry, allowing anyone with a basic understanding of Forex or CFD trading to start investing in the market either on a real trading account, or using the free AvaTrade demo account.

AvaTrade minimum deposit in ZAR works out to be just under R1,600. This is a very reasonable amount for the majority of people in South Africa to get started with a balance that gives you a bit of wiggle room when configuring your trades, and your trading plan for risk.

The AvaTrade minimum deposit can be made using a number of methods including credit/debit card, bank wire transfer, or one of the many popular e-wallets such as Skrill, Neteller, and WebMoney. No matter which method you use, the process is quick, easy, and most importantly, secure.

Once your deposit has been processed (which usually happens almost instantly), you will be able to start trading right away on the world’s most popular financial markets including forex pairs, cryptocurrencies, stocks, indices, and commodities.

AvaTrade Demo Account

AvaTrade demo account offers you the chance to test out the broker’s trading platforms, instrument range, and features in a risk-free environment. This is an ideal way for new traders to get started, as it gives you a chance to practice trading without any real money at stake. Demo accounts also allow experienced traders to test out new strategies or brush up on their skills.

To open an AvaTrade demo account, simply fill out the online registration form and you will be given access to a virtual trading account with $100,000 in virtual funds. This is now as simple as a name, email, and password. You can use this account to test out any features you’re interested in, and determine whether you might want use them for any real CFD trading you plan on undertaking in the future.

One of the best things about an AvaTrade demo account is that it is completely free and there is no time limit on how long you can use it. This means that you can practice for as long as you need to feel comfortable trading with real money. Another great thing about the AvaTrade demo account is that it provides access to a host of educational materials and features that are made available, giving you some added tools to improve your trading as you go.

So, if you’re looking for a user-friendly, reliable, and well-regulated online broker that offers a low minimum deposit amount, then AvaTrade is definitely worth considering.