If you sign up for AvaTrade, there is a field on the registration form asking for a partner code. A lot of traders ignore it without understanding what they're giving up. Using the correct partner code unlocks a deposit bonus that can be worth up to $10,000 in additional capital, determined by the amount you put in.
The partner code does not change your trading conditions in the slightest. Identical spreads, identical execution, unchanged account type. You simply get free funds in addition to your own deposit. It's basically free money from the broker's advertising budget.
How Exactly Does the AvaTrade Partner Code Work
The system is not complicated. AvaTrade creates partner codes through their referral program. When a new trader types in a valid code during the account opening process, the broker's backend flags it. After you complete your opening deposit, extra capital gets credited to your account without any extra steps.
The size of the bonus depends on your deposit amount. Larger deposits earn higher bonuses. Some deposit brackets can reach significant amounts in extra funds. The entire bonus goes directly into your live account and can be deployed right away.
Why AvaTrade Offers Partner Codes
This is really about customer acquisition numbers. Signing up a new live trader typically costs a broker significant money in promotional expenses. Offering a welcome bonus that converts a trader who then creates multiples in commission income over months is solid business for the broker.
Put simply it is not generosity. It is a deliberate marketing expense for AvaTrade. But it is totally fine for the trader. The bonus is legitimate money you can trade with. Each side receives something of value.
Is AvaTrade Legitimately Safe
This is actually one area where AvaTrade does well from most rival brokers. They hold regulation from nine countries around the world. Covering tier-1 authorities like the Central Bank of Ireland, ASIC, and FSA Japan.
Cross-border regulation at this level is rare among CFD brokers. Most brokers operate in a single or a couple of jurisdictions. AvaTrade being licensed in that many adds an amount of oversight that few rivals come close to.
The broker has been running since 2006, which puts them close to two decades in the market. That kind of track record matters when you are trusting a broker with your deposits.
What Do You Actually Trade on AvaTrade
AvaTrade offers a large variety of financial products. The primary areas include:
Forex — more than 50 FX pairs including the major pairs, minor pairs, and a selection of exotics
Equities — contracts on individual equities from several exchanges
Commodities — covering precious metals, oil, natural gas, and soft commodities
Indices — global stock indices like the S&P 500, FTSE, DAX, and more
Cryptocurrencies — Bitcoin, ETH, and several other digital currencies
ETFs — a selection of popular ETF funds
Bonds — sovereign bond CFDs
The market selection is strong compared to many retail brokers. The majority of traders will find sufficient coverage without requiring a second broker platform.
The Platforms On Offer with AvaTrade
AvaTrade offers a few different trading platforms. The primary options include:
MetaTrader here 4 — the global benchmark for FX trading. Full charting, custom indicators, automated trading support
MetaTrader 5 — the updated iteration with more order types and enhanced backtesting
WebTrader — web-based platform with no download required. Convenient for quick trading from any computer
AvaTradeGO — the mobile trading app for iPhone and Android. Modern layout with full account management features
AvaOptions — a dedicated platform for trading FX options. Quite rare among retail brokers
Additionally, AvaTrade connects to social trading platforms like DupliTrade and ZuluTrade for social trading. It is possible to copy the strategies of experienced traders automatically via the connected platforms.
What to Know About the Bonus Terms
As with any broker promotion, you will find terms tied to it. The standard one is a turnover requirement. You must complete a certain volume prior to the bonus gets made withdrawable.
This is standard across all brokers. No regulated broker lets you just deposit, pocket the bonus, and withdraw. You trade as normal, then the bonus is released as unrestricted capital.
For regular traders, this is usually reached via everyday trading habits with no need for any extra trading. The bonus essentially adds bonus funds to trade with while you meet the target.
A couple of other points worth being aware of:
If the bonus has an expiry date. Some promotional offers expire if requirements are not met within a defined period
What happens to the bonus if you cash out your original deposit prior to reaching the lot threshold
Whether the bonus works across all asset classes or only specific ones
Every one of these is typical broker conditions. Just scan the conditions ahead welcome bonus avatrade of signing up so there are no issues down the line.
How to Activate the AvaTrade Partner Code
The procedure takes about five minutes:
Navigate to the AvaTrade sign-up page
Enter your personal info — name, email, phone number, country
Find the promotional code field on the sign-up form. It is usually marked along the lines of "Have a partner code?" or "Partner code"
Enter the partner code into that box
Complete your sign-up and complete the identity checks
Complete your first deposit. The extra funds will be credited on its own per the bonus tier
The one detail to remember: most brokers do not allow you to enter a partner code once the account is created. Input it at registration, not get more info later. There is typically no way to go back and apply it once the account is live.
Is It Really Worth It to Use an AvaTrade Partner Code
To be direct: yes. There is literally no drawback. Your trading conditions are not affected. You only have bonus capital credited to your account on top of your own deposit.
Five minutes of your time during sign-up for potentially significant amounts in free trading money. I would call that a good trade.
What matters most is getting your code from a active site rather than unverified web pages where codes could have stopped working. Verify the broker's regulatory status, read the bonus terms, and input the code at registration. That is really all there is to it.