Avatrade platform – If you are reading this, it is most likely that you are interested in investing or already doing so. Making money work for us is the smartest way to earn wealth.
The reason why most people in the world are not investing right now, is simply because of ignorance . Either because they think that a lot of money is needed to start or because they think it is very complex to make investments.
Even the fear of losing that money stops many people. The fear of failure will always be present in our lives, but it is you who must take the first step to remove that fear.
Any change or new experience will give us fear. It is important to overcome this fear to continue advancing in life, otherwise we will remain stuck in the same as always. Imagine everything you would achieve if you were not afraid . In the end, you will feel better trying than staying with the doubt of what would have happened.
Think about what is the worst that could happen, lose money? Luckily it is not the end of the world and you can get it back, the big advantage is that you will have gained some experience and knowledge to do better next time.
So, are you already determined to invest and want to start? Cool! Because today I will show you my experience with a trading platform that I was recommended for a long time and just now I decided to try it for myself.
It does not matter if you are a beginner or a professional in investments, Avatrade platform has everything you need to start earning money doing online trading.
If you have never invested in forex or stock market, do not worry. In this post I will show you the step by step to start trading with Avatrade and I will tell you my experience using this broker.
What is Avatrade platform
Avatrade is a forex and CFD broker highly recognized for its trajectory. In its platforms it offers trading in the currency market, stocks, commodities, exchange-traded funds, cryptocurrencies and bonds.
The company was created in 2006 and since then it has been growing in number of clients and transactions. He started operating only in the forex market, but over time he has managed to increase his services, becoming one of the biggest brokers in the world.
What impressed me the most about Avatrade are the different automated trading platforms that it includes.
Here you can use the platform Avatrader, Meta Trader, Ava Options, Mirror Trader and Web Trader. In addition to being able to use it both in computer and mobile. Below I will explain what each one of these platforms consists of.
Avatrade platform has more than 200 currency pairs, major and minor indices, stocks and commodities. In addition to counting cryptocurrencies such as Bitcoin, Ethereum, Dash and XRP.
If you are new you will be asking yourself: what is leverage? This feature allows you to invest only part of the total operation that you will perform. The rest is covered by the broker. For example, if you decide to invest $ 1000 with a leverage of 50: 1, you will be doing an operation for $ 50,000.
Something that makes it very complete is that it also offers options for self-trading and social trading .
The auto trading allows you to do the operations in automatic with the use of algorithms created to generate profitability. It is an advanced strategy, so it is high risk, and if you are just starting, I do not recommend it.
But something I can recommend you as a newbie, is social trading. With this method you can copy the movements of more experienced traders to monetize your investment.
How to open an Avatrade account
Opening an account in Avatrade is very simple. We have two options: “Open a real account” or “Open a demo account”. Only by filling in your real information such as name, surname, email and telephone can you open an account in less than five minutes .
I recommend that you start with a demo account to make a final decision about whether you will invest in Avatrade platform or not. It is totally free and gives you a period of 21 trial days.
Within that period or at the end, you have the option of making a deposit to convert your demo account into an official one.
The process is not complicated, here I will show you the step by step to create a free demo account from scratch and have it ready to start trading with virtual money:
Enter the official Avatrade platform website
Before you start entering your information, you must make sure you are on the official Avatrade website. Considering the great reputation that this broker has, it is very common for you to find fake websites that simulate the same name and interface.
How to make sure you are on the official website? Simple, go to the end of the web and review the information on the entities that regulate it . You can also check if the social networks are official and enter the web from there.
Look for the option to open a demo account
In general, the “Open a real account” and “Try free demo” buttons will be displayed on the cover page. Only by clicking on the second button can we start with the start of the registration.
If you only see the “Log in” and “Create account” button, when you click on Create account, the same options as described in the previous paragraph will be displayed. We chose the option to open a demo account and we will be on the registration page.
Enter your personal data or social networks
Once on the registration page, we have the form to fill out our personal data . The only thing they ask us is to enter our name, surname, email and phone number. It’s that simple
To make it much easier, Ava Trade platform also gives us the option to register with our social networks . You have the option to register with Facebook or Google. We all have an account in any of these social networks. This way you will be registering in a couple of clicks!
Write down your login credentials
Did you notice that you did not enter a password? The first screen you will see will show you a message of appreciation for your registration and your credentials to log in to the trading platform.
Record that information in some paper or file on your computer, anywhere you can have it on hand. You can also view them in your email.
The password that appears will allow you to log in to Avatrade platform with your email. When creating a real account you can create your own password.