If you open an account with AvaTrade, there is a section on the registration page that asks for a partner code. A lot of new users ignore it without knowing what they are giving up. Using the correct partner code activates a sign-up bonus that is worth up to ten thousand dollars in bonus capital, based on how much you fund your account with.
The partner code does not change your commissions in the slightest. Identical spreads, unchanged order execution, same account type. You simply get free money on top of your personal deposit. It's essentially extra funds from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code System Work
The process is pretty simple. AvaTrade creates partner codes as part of their partnership program. When a new trader types in a working code during the account opening process, the system records it. Once you place your initial deposit, extra capital gets applied to your account automatically.
The actual bonus depends on your deposit level. Higher deposits unlock larger bonuses. Certain deposit levels can reach several thousand in promotional funds. Every dollar goes right into your trading account and is used from day one.
Why AvaTrade Gives Out Partner Codes
It comes down to trader acquisition economics. Acquiring a new funded trader costs a broker significant money in promotional spend. Providing a promotional credit that secures a customer who then produces multiples in commission income over their trading lifetime is sound business for the broker.
Put simply it is not altruism. It is a strategic acquisition investment for AvaTrade. But that is no problem for the trader. The bonus is genuine funds you can trade with. Both side walks away with something they want.
But Is AvaTrade Actually Trustworthy
This is where AvaTrade stands out from many competing brokers. They are regulated by regulation across nine jurisdictions worldwide. That includes tier-1 bodies like the CBI, ASIC in Australia, and the FSA in Japan.
Multi-jurisdiction regulation of this scope is not common among CFD brokers. The majority of brokers operate in one or a couple of regions. AvaTrade being overseen in 9 provides a level of credibility that not many other brokers come close to.
AvaTrade has been operating since 2006, which gives them nearly two decades in the business. That length of longevity is relevant when you are giving a broker with your funds.
What Can You Really Trade on AvaTrade
AvaTrade supports a large range of financial markets. The key areas include:
Forex — over 50 FX pairs including the avatrade welcome bonus majors, crosses, and a selection of exotic pairs
Stocks — exposure to individual shares from multiple markets
Commodities — including precious metals, oil, natural gas, and agricultural commodities
Indices — global stock indices including the S&P 500, FTSE, DAX, and others
Cryptocurrencies — BTC, Ethereum, and a range of additional digital assets
ETFs — various popular ETF funds
Bonds — government bond instruments
The instrument coverage is strong versus the majority of retail brokers. Most traders are likely to find what they need without having an additional broker account.
Trading Platforms On Offer at AvaTrade
AvaTrade offers a number of execution platforms. The main options are:
MetaTrader 4 — the global default for FX trading. Full charting, custom indicators, EA support capability
MetaTrader 5 — the next-generation iteration with more order types and enhanced strategy testing
WebTrader — web-based platform with no installation required. Useful for fast access from any computer
AvaTradeGO — the mobile trading app for iPhone and Android. Intuitive layout with full trading capability
AvaOptions — a dedicated platform for trading vanilla options. Relatively rare among retail brokers
In addition, here AvaTrade supports external platforms including DupliTrade and ZuluTrade for social trading. It is possible to mirror the trades of other traders directly via the connected platforms.
What to Understand About the Partner Code Bonus Conditions
Like every broker bonus, expect requirements tied to it. The primary one is a trading volume requirement. You need to complete a set volume prior to the bonus becomes available for withdrawal.
This is common across the forex space. Not a single reputable broker lets you just sign up, collect the bonus, and cash out. You trade as normal, then the bonus becomes withdrawable money.
If you are active traders, the volume target is often hit via routine trading activity without needing any extra trading. The bonus effectively provides extra funds to trade with while you satisfy the threshold.
A few other details to be worth noting:
Whether the bonus has a time limit. Certain bonus structures expire if requirements are not met within a fixed number of days
What happens to your bonus funds if you withdraw your original deposit before meeting the trading requirement
If the bonus applies to all trading products or only specific ones
Every one of these is normal promotional terms. Simply read the T and Cs before signing up so there are no confusion later.
How to Enter the AvaTrade Partner Code
The steps take about five minutes:
Navigate to the AvaTrade registration page
Complete your registration info — name, email, phone number, residence
Locate the partner code box on the sign-up form. It is generally labelled something like "Have a partner code?" or "Partner code"
Input the partner code in that box
Complete your registration and go through the ID steps
Complete your first deposit. The welcome bonus is applied without further action based on the deposit level
The one point to keep in mind: nearly all brokers do not allow you to apply a partner code once your account has been set up. Input it in the account opening process, not later. It is usually no way to retroactively apply it once the account exists.
Is It Really Worth It to Use an AvaTrade Partner Code
To be direct: get more info yes. I see absolutely no drawback. Your trading conditions do not change. You just have free money in your account alongside your own deposit.
Under ten minutes of your time during sign-up for potentially significant amounts in additional trading money. Pretty clearly that is a solid deal.
The only thing is getting your code from a current source rather than outdated web pages where codes might have stopped working. Verify the broker's regulatory status, review the bonus terms, and input the code at registration. That is genuinely all there is to it.