When you register with AvaTrade, you will see a field on the registration page that asks for a partner code. A lot of new users skip it without understanding what they're missing. Applying the right partner code triggers a deposit bonus that can be worth up to thousands of dollars in bonus capital, based on what you put in.
The partner code will not alter your spreads in the slightest. Same spreads, identical execution, identical account type. You simply get free capital in addition to your own deposit. It's basically free money from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code System Work
The system is pretty simple. AvaTrade issues partner codes via their referral programme. When an incoming trader enters a active code during the account opening process, the system records it. Once you complete your opening deposit, bonus funds is deposited to your account on its own.
The actual bonus varies with your deposit level. Larger deposits trigger more generous bonuses. Some deposit levels go up to thousands in extra cash. All of it goes right into your live account and can be traded with right away.
Why AvaTrade Bothers With Partner Codes
This is really about customer acquisition costs. Signing up a new funded trader typically costs a broker hundreds in marketing costs. Offering a deposit bonus that attracts a client who then produces thousands in commission revenue over years is smart economics for the broker.
So it is not generosity. It is a strategic marketing cost for AvaTrade. But that is totally fine for you. The bonus is legitimate funds you can put to work. Each party walks away with something of value.
But Is AvaTrade Legitimately Trustworthy
This is actually one area where AvaTrade does well from many other brokers. They carry regulatory oversight in 9 jurisdictions worldwide. Covering tier-1 regulators like the Central Bank of Ireland, ASIC in Australia, and FSA Japan.
Cross-border regulation at this level is unusual among CFD brokers. A lot of brokers operate in just one or two jurisdictions. AvaTrade being overseen in nine offers a degree of trust that not many rivals can match.
They has been active since 2006, which puts them almost two decades in the market. This level of track record is relevant when you are trusting a broker with your funds.
What Do You Actually Trade on AvaTrade
AvaTrade supports a wide variety of financial instruments. The primary asset classes include:
Forex — more than 50 FX pairs including all the major pairs, crosses, and a selection of exotics
Equities — CFDs on individual shares from various exchanges
Commodities — including precious metals, oil, energy markets, and agricultural commodities
Indices — the main stock indices including the S&P 500, FTSE, DAX, and more
Cryptocurrencies — BTC, Ethereum, and a selection of additional digital tokens
ETFs — a range of exchange-traded funds
Bonds — government bond CFDs
The product coverage is better than average compared to many online brokers. The majority of traders are likely to find what they need without needing a second broker account.
Trading Platforms Available on AvaTrade
AvaTrade provides access to a number of execution platforms. The key platforms include:
MetaTrader 4 — the global default for FX trading. Comprehensive charting, automated indicators, automated trading built in
MetaTrader 5 — the next-generation iteration with extra asset classes and enhanced strategy testing
WebTrader — web-based platform with no install required. Useful for quick access from any connected machine
AvaTradeGO — the mobile trading app for iPhone and Android. Modern design with full trading capability
AvaOptions — a purpose-built tool for trading vanilla options. Quite niche among online brokers
Additionally, AvaTrade supports third-party platforms like DupliTrade and ZuluTrade for automated strategy following. Traders can mirror the trades of experienced traders automatically through these platforms.
What to Check About the Welcome Bonus Conditions
Like any trading promotion, there are requirements tied to it. The main one is a turnover requirement. You have to trade a set volume welcome bonus avatrade before the bonus gets made yours to keep.
This is standard across the forex space. No licensed broker will let you just sign up, collect the bonus, and withdraw. You hit the volume target first, then the bonus is released as withdrawable money.
For frequent traders, this is often reached during normal trading patterns without any extra trading. The bonus basically adds additional funds to trade with until you reach the target.
A few other points to be worth noting:
If the bonus has a time limit. Some promotional structures expire if volume targets are not met within a specified timeframe
What happens to the bonus if you cash out your initial deposit before hitting the lot target
Whether the bonus works across all instruments or only specific ones
These are routine broker terms. Just check the bonus terms ahead of depositing so there are no confusion when you try to withdraw.
How to Apply the AvaTrade Partner Code
The process take about five minutes:
Visit the AvaTrade sign-up page
Complete your registration info — your name, email, contact details, residence
Locate the promotional code input on the sign-up form. It is generally shown as along the lines of "Have a partner code?" or "Partner code"
Input the partner code in that field
Finish your sign-up and go through the identity verification
Make your first deposit. The bonus gets credited without further action per the bonus bracket
The one point to note: nearly all brokers will not let you enter a partner code once your account is created. Input it in sign-up, not afterwards. There is generally no option to retroactively apply it after the account is live.
Is It Worth It to Use an AvaTrade Partner Code
In a word: yes. I see literally no disadvantage. Your spreads do not change. You only start with bonus funds in your account on top of your personal deposit.
A few minutes of work during sign-up for potentially hundreds or thousands in extra trading cash. I would call that a fair trade.
The only thing is getting your code from a verified site rather than unverified blog articles where codes could have gone inactive. Check the broker's licensing, read the bonus T and Cs, and use the code at registration. That is really all there is to it.