AvaTrade Australia Forex Broker Review

Deposit $500 get $150 Bonus

AvaTrade Australia Facts

  • Trade via MT4, Web, Mobile and on Mac
  • 60+ currency pairs available 24/5
  • Leverage available up to 400x times leverage
  • No fees or commission
  • Free Demo Account
  • Up to $15,000 sign-up bonus (more on this below)

Summary Review

Review Summary

AvaTrade since 2006 has been a Forex Trading pioneer. Licensed not only in Australia but also BVI, S.Africa, Europe and Japan, you can see why AvaTrade with monthly trading volumes in excess of $60 BILLION! With clear segregation of client funds and 24/5 customer support, they always have you covered.

What are the Forex Welcome Bonus Tiers?

    • Deposit $200 get $60 Bonus
    • Deposit $500 get $150 Bonus
    • Deposit $1,000 get $300 Bonus
    • Deposit $2,500 get $750 Bonus
    • Deposit $10,000 get $3,000 Bonus
    • Deposit $50,000+ get $15,000 Bonus

How is the Bonus Credited?

The bonus is credited automatically to your account and no bonus code is required

Software

Web Trader, MT4, Mobile/iPad & Android Apps, Zulu Trader, Mirror Trader, Mac Compatible

Quick Facts

  • AISC Regulated
  • 24/5 Australian Customer Service
  • AUD Denominated accounts available
  • Free market analysis and trader education

Deposit Methods

  • Visa & Mastercard Debit Cards - Instant deposit and zero fees (best option)
  • Visa & Mastercard Credit Cards - Instant deposit and zero fees
  • Wire Transfer- Two days to deposit and zero fees

Detailed Review

AvaTrade Australia Welcome Bonus Review

Since 2006 AvaTrade has been a Forex Trading pioneer.

Licensed not only in Australia but also BVI, S.Africa, Europe and Japan, you can see why AvaTrade has monthly trading volumes in excess of $60 BILLION! With clear segregation of client funds and 24/5 customer support, they always have you covered.

Trading Forex with AvaTrade

  • 60+ currency pairs available
  • 24/5 Customer Support
  • Leverage available up to 400x times leverage
  • No fees or commission Free Demo Account
  • Up to $15,000 sign-up bonus (more on this below)

What else to you should know?

  • AvaTrade have 200+ other instruments available to trade, including commodities, indices and stocks
  • You can trade on Desktop, tablet, mobile and web based trading with AvaTrader & MetaTrader 4
  • A range of automated trading platforms and EA & MQL5 compatibility
  • Fixed & variable spread accounts, with spreads starting from 0.9 pips

Welcome Bonus Review

About the Welcome Bonus
When you open up a new account at AvaTrade they have a welcome package for every type of trader, the bonus works out at 30% of your deposit value, except if you deposit $50,000 you get a 33% bonus of $15,00. When you multiply the welcome bonus by the 400x leverage you can see that this gives you a sizeable trading fund!

Welcome Bonus Summary

  1. Deposit $200 Get $60 Bonus - Giving you Notional Trading Value of $104,000
  2. Deposit $500 Get $150 Bonus - Giving you Notional Trading Value of $260,000
  3. Deposit $1,000 Get $300 Bonus - Giving you Notional Trading Value of $520,000
  4. Deposit $2,500 Get $750 Bonus - Giving you Notional Trading Value of $1,300,000
  5. Deposit $5,000 Get $1,500 Bonus - Giving you Notional Trading Value of $2,600,000
  6. Deposit $7,500 Get $2,250 Bonus - Giving you Notional Trading Value of $ 3,900,000
  7. Deposit $10,000 Get $3,000 Bonus - Giving you Notional Trading Value of $5,200,000
  8. Deposit $50,000+ Get $15,000 Bonus - Giving you Notional Trading Value of $26,000,000+

No bonus code is required to receive your bonus and it will be automatically credited to your account.

As with anything free in life, AvaTrade does have some terms and conditions for their bonus, in order to withdraw your bonus, you will need to send in some documentation to prove your identity (which is normal in the industry). Second term is that in order to withdraw bonus funds you must meet a minimum trading volume of a mini-lot (not a lot like other brokers) for every $1 in bonus funds. You also have a massive 12 months to meet the trading requirements, so way more than enough time for anyone.

Loyalty & Rewards

Reload Bonus, Rebates and Loyalty Programme

Once you have gotten everything you can from the welcome bonus you have a few more ways of extracting maximum value from your trading dollars at AvaTrade. First off, when you make a second deposit, you will receive a bonus of 12.5% based on your first deposit, which is excellent value. Secondly, all traders who are trading without a bonus on their account will receive a $1 rebate for every mini-lot (10,000) traded. This rebate is one of the best in Australia and only beaten by one other broker Vantage FX but with Vantage FX you don't receive a welcome bonus.

Expert Opinion: Good Bonus!

Expert Opinion Summary

With a welcome package to suit all types of traders as well as an on-going loyalty programme and rebate scheme, AVA Trade give you everything you need. Some brokers like VantageFX provide higher rebates or USG who provide a higher welcome bonus, owever, no broker in Australia combines welcome bonus and rebates like AVA Trade. Combined with leverage up to 400x this adds a significant boost to your trading funds.

AVA Trade is one of our favourite Aussie brokers so their welcome bonus and on-going rebates is definitely worth signing up for.