Once you open an account with AvaTrade, there is a field on the registration form labelled a partner code. Most new users skip it without knowing what they are missing. Applying the proper partner code unlocks a deposit bonus that can be worth up to $10,000 in bonus capital, determined by the amount you deposit.
The partner code will not touch your fees in any respect. Same spreads, unchanged order execution, same account type. You simply start with bonus capital on top of your personal deposit. It is essentially extra funds from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code System Work
The process is not complicated. AvaTrade generates partner codes through their referral programme. When a prospective trader inputs a working code during sign-up, the system flags it. Once you process your first deposit, the welcome bonus gets applied to your account automatically.
The size of the bonus depends on your deposit amount. Larger deposits trigger more generous bonuses. Certain deposit brackets can reach several thousand in promotional capital. The entire bonus goes straight into your live account and is used right away.
Why AvaTrade Even Has Partner Codes
The reason is customer acquisition maths. Acquiring a new live trader typically costs a broker a fair amount in marketing expenses. Giving a deposit bonus that attracts a client who then delivers multiples in commission revenue over their trading lifetime is sound business for the broker.
So it is not charity. It is a deliberate acquisition investment for AvaTrade. But it is perfectly fine for the trader. The bonus is genuine money you can use. Both side walks away with something worthwhile.
But Is AvaTrade Really Trustworthy
This is actually one area where AvaTrade separates itself from most rival brokers. They carry regulatory oversight from multiple regulatory bodies around the world. Covering tier-1 bodies like the CBI, the Australian ASIC, and Japan's FSA.
Cross-border regulation like this is uncommon among retail brokers. A lot of brokers operate in one or two regions. AvaTrade being overseen in 9 provides a level of credibility that most other brokers offer.
AvaTrade has been operating since 2006, which gives them almost two decades in the business. That kind of longevity counts for something when you are entrusting a broker with your money.
What Do You Actually Trade on AvaTrade
AvaTrade supports a decent selection of financial instruments. The primary asset classes include:
Forex — more than 50 FX pairs including all the major pairs, crosses, and a selection of exotic pairs
Equities — CFDs on major equities from various exchanges
Commodities — including gold and silver, oil, energy markets, and read more agricultural commodities
Indices — the main market indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, Ethereum, and several smaller digital assets
ETFs — various popular ETF funds
Fixed income — sovereign bond CFDs
The instrument selection is competitive against most retail brokers. Most traders should find enough with no need to requiring an additional broker platform.
The Platforms Available on AvaTrade
AvaTrade supports a few different trading platforms. The primary options are:
MetaTrader 4 — the global default for FX trading. Comprehensive charting, automated indicators, Expert Advisors support
MetaTrader 5 — the newer iteration with extra timeframes and improved backtesting
WebTrader — web-based platform with no installation needed. Handy for fast trading from any computer
AvaTradeGO — the mobile app for iOS and Android. Clean interface with complete charting features
AvaOptions — a specialised platform for trading FX options. Quite unusual among online brokers
Additionally, AvaTrade supports third-party platforms like DupliTrade and ZuluTrade for automated strategy following. Traders can mirror the positions of experienced traders automatically via those platforms.
Things to Understand About the Partner Code Bonus Terms
As with all trading bonus, there are requirements tied to it. The main one is a turnover requirement. You have to trade a set volume prior to the bonus becomes withdrawable.
That is normal across the industry. Not a single regulated broker lets you just sign up, grab the bonus, and leave. You trade as normal, then the bonus converts to unrestricted capital.
If you are regular traders, the volume target is often reached website during normal trading habits without any change in behaviour. The bonus effectively gives you free capital to trade with until you meet the threshold.
A few other points to be worth noting:
If the bonus has an expiry date. Certain bonus offers become void if conditions are not met within a defined timeframe
What happens to the bonus if you cash out your own funds prior to meeting the trading conditions
Whether the bonus covers all trading products or only certain ones
These are typical promotional terms. Just check the bonus terms before signing up so you get more info hit no surprises down the line.
How to Enter the AvaTrade Partner Code
The steps takes a few minutes:
Visit the AvaTrade sign-up page
Enter your registration details — name, email, phone number, country
Find the promo code input on the sign-up form. It is generally shown as along the lines of "Have a partner code?" or "Partner code"
Enter the partner code into that field
Complete your registration and go through the identity verification
Place your initial deposit. The extra funds will be added on its own according to the deposit level
One thing to note: nearly all brokers will not let you add a partner code once registration has been completed. Apply it at sign-up, not afterwards. There is usually no way to go back and enter it after the account is live.
Is It Worth Use an AvaTrade Partner Code
To be direct: without question. I see zero disadvantage. Your spreads stay the same. You just have additional money credited to your account on top of your personal deposit.
Five minutes of effort during registration for possibly hundreds or thousands in bonus trading capital. I would call that a solid deal.
The only thing is getting your code from a current source rather than outdated web pages where codes may have been discontinued. Verify the broker's regulation, understand the bonus conditions, and input the code during sign-up. That is honestly all there is to it.