Our verdict on AvaTrade
AvaTrade earns a place on this site for one main reason. It's the only ASIC-regulated broker in our 29-broker shortlist that gives Australian retail traders genuine vanilla forex options through a dedicated platform (AvaOptions). If you've ever wanted to write a covered call on EUR/USD, run a strangle into a Fed meeting, or hedge a spot position with a put, this is the AU broker that lets you do it without leaving the same login. That's a niche, and it's a real one.
The rest of the package is solid without being category-leading. AvaTrade runs MT4 and MT5, the AvaTradeGO mobile app, AvaSocial for copy trading, and a DupliTrade integration. Spreads on the standard account sit in the middle of the AU pack at around 0.8 pips on EUR/USD. Educational content is among the strongest in the AU market. Where AvaTrade loses points is the fee structure. The broker charges a USD 50 inactivity fee after just three months of dormancy, and a further USD 100 administration fee at the 12-month mark. Both charges are out of step with the rest of the ASIC pack. If you're an occasional trader who funds an account and sits on it, AvaTrade will quietly bill you in a way that Pepperstone, IC Markets and CMC won't.
So this is a specialist's pick. If you want forex options, AvaTrade is the answer. If you want the cheapest forex spreads or the lightest fee schedule, look elsewhere first.
Pros
- ASIC AFSL 406684 since 2011; Tier-1 regulators on three other continents
- AvaOptions platform offers real vanilla forex options, rare in Australia
- AvaSocial proprietary copy trading plus DupliTrade integration
- 1,250+ instruments across forex, indices, commodities, crypto, ETFs and FX options
- AUD 100 minimum deposit, fee-free funding via PayID, BPAY, card and bank transfer
- Strong education library covering options strategies and fundamentals
- 24/5 customer support in 14+ languages
Cons
- USD 50 inactivity fee after only three months, among the most aggressive in our coverage
- USD 100 administration fee after 12 months on top of the inactivity charge
- Standard account spreads (0.8 pips EUR/USD) wider than RAW brokers like Pepperstone and IC Markets
- No commission account option for active forex traders
- Customer support 24/5 only (closed weekends)
- Regulation
- ASIC AFSL 406684
- Trading fees
- EUR/USD spreads from 0.80 pips
- Platforms
-
MT4
MT5 - Min deposit
- A$100
AvaTrade score breakdown
Good
Based on 60/100 CFB Score
The overall score comes from the eight weighted criteria in our methodology, so the subscores shown here do not simple-average to 60/100.
How is our rating calculated?AvaTrade quick facts
| Item | Detail |
|---|---|
| Australian regulator | ASIC, AFSL 406684 |
| Australian entity | Ava Capital Markets Australia Pty Ltd |
| Other regulators | Central Bank of Ireland, FSA Japan, FSCA South Africa, ADGM (UAE), ISA (Israel), BVI FSC |
| Year founded | 2006, Dublin |
| Headquarters | Dublin, Ireland; AU office Sydney |
| Trading platforms | MT4, MT5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade |
| Account types | Retail standard, Professional (wholesale) |
| Minimum deposit | AUD 100 |
| Maximum retail leverage | 30:1 (forex majors), ASIC-capped |
| Spreads from (EUR/USD) | 0.8 pips (standard, no commission) |
| Commission | None on standard account |
| Funding methods (AU) | Visa, Mastercard, BPAY, PayID, bank transfer, Skrill, Neteller, WebMoney |
| Inactivity fee | USD 50 after 3 months, plus USD 100 admin fee at 12 months |
| Negative balance protection | Yes (mandatory under ASIC) |
| AFCA member | Yes |
| Demo account | Free, 21-day expiry (renewable) |
| Customer support | 24/5, phone plus live chat plus email in 14+ languages |
Trading costs and fees
Standard account spreads
AvaTrade runs a single retail account with spread-only pricing. There’s no commission and no RAW/ECN tier. EUR/USD typically sits around 0.8 pips, AUD/USD around 1.0, GBP/USD around 1.5, all advertised typical rates rather than a measured average. Because AvaTrade runs no raw account, it is not included in our June 2026 eight-pair raw spread capture; those typical spreads sit well behind the Razor and Raw accounts at Pepperstone, IC Markets and Fusion Markets. Across our standard-account comparison the broker placed 14th of 21, with the full table in the lowest spread forex brokers guide. AvaTrade also appears in our fixed spread forex brokers comparison, where we note the AU entity prices retail accounts on a primarily variable basis despite the fixed-spread marketing used in other jurisdictions.
| Pair | AvaTrade standard (typical pips) | AU industry avg (Standard) |
|---|---|---|
| EUR/USD | 0.8 | 1.1 |
| AUD/USD | 1.0 | 1.3 |
| GBP/USD | 1.5 | 1.4 |
| USD/JPY | 1.1 | 1.4 |
| EUR/GBP | 1.5 | 1.4 |
| EUR/JPY | 1.7 | 1.9 |
| Gold (XAU/USD) | 0.30 | 0.35 |
Inactivity and administration fees
This is the part of the AvaTrade offer to read before you open an account.
The inactivity fee is USD 50, charged after three consecutive months of no trading activity. Most AU brokers don’t charge an inactivity fee at all. Of the ones that do, CMC waits 12 months and charges AUD 15 per month; Pepperstone and IC Markets charge nothing. AvaTrade’s three-month window is the shortest in our 29-broker coverage.
Then there’s the administration fee: a further USD 100, charged after 12 months of dormancy on top of the quarterly inactivity charges already applied. Both fees are billed in USD, so the AUD impact varies with the FX rate. At an AUD/USD of 0.65, that’s roughly AUD 77 every three months and a one-off AUD 154 at the year mark.
If you fund an AvaTrade account, plan to trade it. Or close and withdraw before the three-month clock expires. We don’t think the fee structure is hidden (it’s published in the schedule), but it is unusually punitive by AU broker standards and worth flagging up front.
Other fees AU traders should check
- Overnight swap rates apply on positions held past 5 PM New York. Direction-dependent, in line with the AU broker pack.
- Currency conversion applies if you trade in a non-base currency. Hold an AUD-denominated account if you trade AUD pairs.
- Withdrawal fees are generally $0 on bank transfer; some e-wallet methods carry small charges.
- AvaOptions trades are priced as options premiums, not spread plus commission. If you’re new to options, the cost calculation works differently from CFD spreads.
Trading platforms
AvaTrade’s platform stack is broader than most AU brokers offer, and it includes one platform you won’t find anywhere else on this site.
AvaOptions, the real differentiator
AvaOptions is AvaTrade’s in-house vanilla options platform. You can trade calls and puts on 40+ forex pairs, run multi-leg strategies (straddles, strangles, butterflies, condors), and combine spot and options positions inside a single account. This is genuine vanilla options, not binary options and not CFD-style “knock-out” products. Two things matter here:
- It’s rare in the Australian retail market. Most AU brokers don’t offer real options on forex at all. The closest substitute is IG’s barrier and knock-out structures, which behave differently.
- The fee model is options-native (premium-based), not spread plus commission. That’s the right model for options, and it means cost comparisons against CFD-only brokers don’t translate cleanly.
If options are part of your strategy, AvaOptions is the reason you’d pick AvaTrade over a cheaper-spread competitor. If you don’t use options, this platform doesn’t matter to you.
MetaTrader 4 and MetaTrader 5
Both platforms are available. MT4 remains the default for AU forex traders running legacy expert advisors. MT5 covers a broader instrument set including indices and stocks natively. AvaTrade’s MT4/MT5 builds connect to the same standard pricing engine, so you get the 0.8-pip EUR/USD typical spread on either platform.
TradingView
TradingView is not part of AvaTrade’s core AU platform stack, and global features marketed elsewhere do not always ship to ASIC-regulated accounts. Traders who need native TradingView charting are better served by Pepperstone, OANDA or Eightcap.
Copy and social trading
AvaSocial is AvaTrade’s own copy trading platform, comparable to eToro’s CopyTrader at a structural level. DupliTrade is a third-party signals platform integrated with the AvaTrade account. Either route lets you mirror trades from selected lead traders. Of the two, AvaSocial is the more polished mobile-first experience; DupliTrade is more analytical and built for traders who want to vet performance histories closely.
AvaTradeGO (mobile)
AvaTradeGO is the broker’s own mobile app. It has biometric login on iOS and Android, AvaProtect risk management built in, and the same 1,250+ instrument range as the desktop platforms. AvaProtect is a paid feature that lets you insure a trade for a defined window: pay a premium up front and any loss inside the window is refunded. It’s a packaged hedging product rather than a true stop loss replacement.
Trust and safety
Trust score: 7/10.
ASIC regulation and global licences
Ava Capital Markets Australia Pty Ltd holds AFSL 406684 with the Australian Securities and Investments Commission. The AFSL has been continuously held since 2014. There have been no public ASIC enforcement actions or licence conditions imposed in the last 36 months.

Globally, the AvaTrade group is regulated by:
- Central Bank of Ireland, Tier 2
- Financial Services Agency, Japan, Tier 2
- FSCA, South Africa, Tier 3
- ADGM, Abu Dhabi, Tier 2
- Israel Securities Authority, Tier 2
- BVI Financial Services Commission, offshore
- FRSA, Abu Dhabi
The AU entity is the relevant one for Australian retail traders. The other licences matter mostly because they show AvaTrade has been operating across multiple jurisdictions for two decades, which is a different trust signal from a recently incorporated offshore-only broker.
Client money and negative balance protection
AvaTrade holds retail client money in segregated accounts at an Approved Australian Bank, separate from the company’s own funds. ASIC requires negative balance protection on retail CFD accounts, so a retail account cannot lose more than the money in it. If a dispute with the broker goes wrong, AFCA can hear claims up to $1,263,000 and award compensation up to $631,500. The Compensation Scheme of Last Resort sits behind that with a $150,000 cap, but it excludes CFD trading losses, so it protects you against unpaid awards for misconduct, not against losing trades.
For how AvaTrade sits against the field on protection, compare it with the safest brokers on our list, and our explainer covers why negative balance protection matters.
History and ownership
Founded in Dublin in 2006 by Emanuel Kronitz and Negev Nosatzki. AvaTrade was an early mover in retail forex out of Ireland and has grown to 400,000+ registered customers globally. The Irish parent has remained privately held throughout. The Australian operation runs out of Sydney with local support during AU business hours.
Australian context that matters:
- ASIC-regulated since 2011, no material enforcement actions on the public record
- Member of AFCA for retail dispute resolution
- Segregated client funds at an Approved Australian Bank
- Local Sydney office with AU-based account managers
Public reviews
AvaTrade carries a Trustpilot score of 4.6/5 from 9,000+ reviews globally, one of the higher scores in the AU shortlist. Common positives mentioned: education content quality, multi-language support, options trading capability. Common negatives: the inactivity fee structure and occasional friction on large withdrawal requests during AML verification.
What other review sites say
AvaTrade's iOS app rates 3.39 out of 5 from 31 ratings on the Australian App Store (July 2026), listed as AvaTrade: Trade & Invest.
Account types and minimum deposit
Account options for AU clients
AvaTrade runs a single retail account with spread-only pricing from an AUD 100 minimum deposit, and the funding menu is fee-free across cards, PayID, BPAY and bank transfer. There is no commission tier for active traders.
| Account | Pricing | Min deposit | Best for |
|---|---|---|---|
| Retail standard | Spread-only, no commission | AUD 100 | All retail clients |
| Professional (wholesale) | Same pricing, higher leverage available | Varies | Wholesale-qualified traders |
AvaTrade does not offer a tiered RAW or ECN commission account. There’s one retail price book and you trade on it. If you qualify as a wholesale client under the Corporations Act (broadly: net assets of at least AUD 2.5 million, or gross income of at least AUD 250,000 in each of the last two financial years, certified by a qualified accountant), you can request higher leverage and bespoke pricing as a Professional client.
Minimum deposit
AUD 100 to open. Most active traders we surveyed start with AUD 500 to 1,000. The platform supports micro-lot trading on forex, so smaller balances are workable, but the AUD 100 floor is higher than the $0 minimums at CMC, Pepperstone and IC Markets.
Funding and withdrawals
Deposit methods (AU clients)
| Method | Fee | Speed |
|---|---|---|
| Visa / Mastercard | $0 | Instant |
| PayID | $0 | Same day |
| BPAY | $0 | Next business day |
| Bank transfer (EFT) | $0 | 1 to 2 business days |
| Skrill | $0 | Instant |
| Neteller | $0 | Instant |
| WebMoney | $0 | Instant |
Withdrawals
Generally $0 on standard methods. AvaTrade applies the same-source rule for AML compliance: withdrawals route back to the deposit method where possible. Card refund 1 to 3 business days. Bank transfer 1 to 2 business days. E-wallet same day to next day.
Account opening
Online application, AUSTRAC-compliant. One ID document (driver’s licence or passport) and one proof of address. Most AU applications are approved within a few hours. Our test team rated AvaTrade’s onboarding 11/15: clean process, but you’ll be asked for slightly more documentation than the lightest-touch flows at Plus500 or eToro.
Product range
AvaTrade’s instrument list runs to 1,250+ across the major asset classes, and the point of difference sits in a class most AU brokers skip entirely: real vanilla forex options. The CFD markets at AU brokers cover the rest of the retail set here.
| Asset class | Count | Note |
|---|---|---|
| Forex | 60+ pairs | Major and minor AUD crosses well covered |
| Vanilla forex options | 40+ pairs | Through AvaOptions, rare in the AU retail market |
| Indices | ASX 200 plus the major global benchmarks | S&P 500, NASDAQ, FTSE, DAX, Nikkei |
| Share CFDs | 600+ | ASX, NYSE, NASDAQ, LSE |
| Commodities | Metals, energy, softs | Gold, silver, oil, gas, agricultural softs |
| Cryptocurrencies | 20+ | CFDs only, 2:1 retail cap |
| ETFs | 60+ | ETF CFDs |
| Bonds | Limited | Narrower than CMC or IG; check the current list |
Forex is the deepest part of the list at 60+ pairs, with the AUD majors and minors all present. The indices list carries the ASX 200 alongside the major global benchmarks, and the commodity book runs gold and silver plus oil, gas and the agricultural softs. Bonds are the thin spot: the list is limited compared to CMC or IG, so check the current instruments before you plan around it.
Forex options on AvaOptions
Real vanilla FX options are rare in the AU retail market and they are AvaTrade’s lead differentiator: 40+ currency pairs optionable through AvaOptions, with defined premium risk on bought positions. We tested AvaOptions on a live AUD account under the ASIC-regulated entity, so AU retail clients can reach it. Multi-leg strategies run in the same account as your spot positions, which is what makes hedging a spot exposure with a put practical here rather than theoretical. Nothing else on our AU shortlist covers the class at this depth, and that is the reason to open the account.
Crypto CFDs
The crypto list runs 20+ CFDs at ASIC’s 2:1 retail cap, so position sizing is conservative by design. These are CFDs rather than coins you own or can move to a wallet. Our guide to crypto CFD trading explained sets out how the class compares across the AU field.
Share CFDs and ETFs
Share CFDs cover 600+ names across ASX, NYSE, NASDAQ and LSE, with 60+ ETF CFDs beside them. The range trails CMC and IG by a wide margin, and every position is a CFD rather than a share you own. For how the class works and who leads it, see our guide to share and ETF CFDs in Australia.
Leverage for AU traders
AvaTrade holds the ASIC caps on its single retail account, and there is no second retail price book with different leverage to choose between. Wholesale clients who pass the Corporations Act tests can request higher leverage and bespoke pricing, which is the only route past the retail ceiling here.
ASIC caps retail CFD leverage at 30:1 on major forex pairs, 20:1 on minor pairs, gold and major indices, 10:1 on commodities other than gold, 5:1 on share CFDs and 2:1 on crypto assets. The caps come from a product intervention order that ASIC has extended to 23 May 2027, so they apply at every ASIC broker, not just AvaTrade. AvaTrade lifts those caps for wholesale clients, to around 1:400 on forex, 1:200 on major stock indices and 1:25 on certain crypto, with qualification through its Sophisticated Assessment or Wealth Assessment. The trade you are making is explicit: wholesale clients forfeit negative balance protection, though client money stays segregated.
ASIC requires every CFD issuer to close out a retail client’s positions once account equity falls below 50 percent of the total initial margin on all open positions. The rule is set by the product intervention order and applies to AvaTrade the same way it applies to every ASIC-licensed CFD issuer. Positions cannot be netted off against each other to reduce that figure, and a gapping market can close a position below the 50 percent level.
If you are weighing that trade-off, read how leverage works on CFD accounts first, then our comparison of brokers offering wholesale leverage.
Customer service
Phone, live chat and email. Hours: 24 hours, Monday to Friday. Closed weekends. Average live chat response in our testing: under two minutes during AU business hours, slightly longer overnight. Knowledge of platforms (especially AvaOptions): strong. Knowledge of ASIC tax treatment: agents correctly defer to “speak to a registered tax agent.”
Support languages: English, Spanish, German, French, Italian, Portuguese, Chinese, Japanese, Arabic, Russian, Polish, Dutch, Swedish, Turkish (14+ at last count).
Multi-language support is one of AvaTrade’s quiet strengths. If you trade from a non-English-speaking household and want native-language phone support, the AU options narrow quickly. AvaTrade is on the short list.
Research and education
Education is a real strength here. AvaTrade’s library is among the deepest in the AU market.
Education content
- AvaAcademy: structured beginner-to-advanced course series
- Dedicated options education (rare among AU brokers because most don’t offer options)
- Trading Central daily research feed
- Webinars in multiple languages
- Glossary, eBook library and video tutorials
- Sharp Trader market commentary site
Market research
Integrated into the platforms:
- Trading Central technical and fundamental analysis
- Daily market analysis from in-house analysts
- Economic calendar
- Autochartist pattern recognition
The options-specific material is the best of it. If you want to learn how to trade vanilla options on forex, the AvaTrade library will take you from the basics to multi-leg strategies. We didn’t find an equivalent depth at any other ASIC-regulated broker on our shortlist.
How AvaTrade compares to alternatives
| If you value… | Consider |
|---|---|
| Tightest forex spreads | Pepperstone or IC Markets |
| Broader CFD product range | CMC Markets or IG Markets |
| Copy trading platform | eToro |
| Beginner-focused experience | Plus500 or eToro |
| Native cTrader access | Pepperstone or Fusion Markets |
| TradingView integration | Pepperstone, OANDA or Eightcap |
| No inactivity fee | Pepperstone, IC Markets |
Should you open an account with AvaTrade?
Open an AvaTrade account if vanilla forex options are the draw; AvaOptions is one of the only AU regulated routes to real currency puts and calls, and the 1,250+ instrument range covers the rest of the retail set. Skip it if you trade actively on cost or ever go dormant: 0.8 pip standard spreads have no commission alternative, and the USD 50 inactivity fee lands after just three months with a USD 100 administration charge at 12. Pepperstone wins the active pricing case and CMC the breadth one. The demo covers AvaOptions too, which is the right place to learn the product. For the full ranked field, compare our pick of the best forex brokers in Australia.
Open an AvaTrade demo → (affiliate link, see our advertiser disclosure)
FAQs
Is AvaTrade safe for Australian traders?
What leverage does AvaTrade offer in Australia?
What's the minimum deposit at AvaTrade in Australia?
Does AvaTrade offer real forex options?
What are AvaTrade's inactivity and administration fees?
Does AvaTrade offer MetaTrader 5 in Australia?
Does AvaTrade offer copy trading?
Related pages
About the author
Justin co-founded CompareForexBrokers in 2014 and has traded forex since 1998. Based in Melbourne, he has tested every ASIC-regulated broker on this site personally and has written for Forbes, Kiplinger, Finance Magnates, the Australian Financial Review and The Age. He holds a Bachelor of Commerce (Honours) and a Master of Marketing from Monash University. Justin is the Strategic Head of Research for the site.