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Ratings

Overall Star Star Star Star
Commissions & Fees Star Star
Customer Service Star Star Star Star
Tools & Research Star Star Star Star
Ease of Use Star Star Star Star
Investment Offering Star Star Star
Education Star Star Star
Mobile Trading Star Star

Trade Commissions

Forex Trades* $22.00
Clearing Method* Dealing Desk
Broker Assisted* $0.00
Min. Deposit $100.00
Min. Contract Size Micro
Max. U.S. Leverage N/A
Max. Int'l Leverage 400:1
Get Started

Typical Spreads

  • EURUSD3.0
  • GBPUSD4.0
  • USDJPY3.0
  • USDCHF4.0
  • AUDUSD4.0

Highlights

  1. All initial deposits $300 and up receive a cash bonus
  2. 60 currency pairs and 71 CFDs available for trading
  3. Customers can receive a debit Mastercard for easy account withdrawals

Account Features

  • Virtual Trading
  • No Minimum Deposit
  • No Maintenance Fees
  • No Dealing Desk
  • Online Trader Community
  • Investment Education

Mobile Trading

  • iPhone App
  • iPad App
  • BlackBerry App
  • Android App
  • Mobile Site

Customer Service

  • Phone Support
  • Email Support
  • Live Chat Support
  • 24/7 Customer Support

Trade Types

  • Stock Trading
  • FOREX Trading
  • Futures Trading

Ava FX Forex Review

Forex Broker Review

 

Special Offer: New account deposits greater than $300 receive cash bonus - Learn More

Likes - Wide variety of platforms and automated trading solutions; CFD trading offers exposure to stock and commodity markets.

Dislikes - Wide spreads create pricey trades; dealing desk environment; under developed mobile trading application.

Bottom Line - Ava does a good job at creating a well rounded brokerage experience.  The company offers automated trading, education, fundamental analysis, and four different trading platforms.  While transactions are a bit pricey, Ava's "fixed spread" environment may appeal to traders who like consistent spreads and transaction costs.

Ava FX is an online broker that only accepts non U.S. customers.  Ava FX currently offers forex trading on 60 currency pairs as well as CFD trading (for exposure to both stock and futures markets).  Ava FX is headquartered in the British Virgin Islands and has an additional office in Dublin Ireland.  The company boasts 150,000 trading accounts in 150 countries.

Our Ava FX review provides trade platform screenshots, detailed commission information, and online broker ratings.

Commission Notes

By default, Ava FX accounts are set up to charge no commission and they are compensated through the bid ask spread.

Spreads - Ava FX offers only one type of clearing structure.  There is no commission applied to any transaction and spreads are set to a fixed value (the specific spread value will depend on the currency pair).  Ava FX has roughly 2 - 5 pips of spread inserted for a given currency pair.

Micro Lot Trading - Ava FX supports micro lot trading on both the Ava Trader and Metatrader 4 platform.

Ava FX was reviewed by StockBrokers.com on 2011-06-01 with an overall rating of 4 Stars.

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