Once you sign up for AvaTrade, you will notice a box on the registration form labelled a partner code. Many traders leave it blank without understanding what they are missing. Using the right partner code triggers a deposit bonus that is worth up to $10,000 in extra trading capital, based on what you put in.
The partner code does not change your fees in any way. Identical spreads, same order execution, unchanged platform. You only get bonus funds on top of your own deposit. It is really just free money from the broker's promotional budget.
How Exactly Does the AvaTrade Partner Code Work
The setup is not complicated. AvaTrade creates partner codes via their referral programme. When an incoming trader enters a active code during the account opening process, the system registers it. Once you process your first deposit, bonus funds is applied to your account without any extra steps.
The bonus amount varies with your deposit amount. Bigger deposits trigger more generous bonuses. A few deposit tiers can reach several thousand in promotional funds. Every dollar goes right into your live account and is deployed straight away.
Why AvaTrade Bothers With Partner Codes
This is really about trader acquisition numbers. Acquiring a new live trader already costs a broker significant money in advertising costs. Providing a welcome bonus that attracts a trader who then produces thousands in commission income over their trading lifetime is solid maths for the broker.
Put simply it is not generosity. It is a deliberate marketing expense for AvaTrade. But that is no problem for you. The bonus is actual funds you can put to work. Each side walks away with something worthwhile.
But Is AvaTrade Legitimately Trustworthy
Here is where AvaTrade separates itself from many other brokers. They carry regulation across multiple countries worldwide. Covering tier-1 regulators like the Central Bank of Ireland, ASIC in Australia, and FSA Japan.
Multi-jurisdiction regulation of this scope is rare among online brokers. The majority of brokers are regulated in one or a couple of jurisdictions. AvaTrade being overseen in nine offers a degree of credibility that most other brokers can match.
They have been operating since 2006, which puts them almost 20 years in the space. That length of track record is relevant when you are entrusting a broker with your funds.
What Can You Actually Trade on AvaTrade
AvaTrade provides access to a broad variety of tradable markets. The main areas cover:
Forex — over 50 currency pairs covering the majors, minor pairs, and several exotics
Shares — exposure to individual stocks from several global exchanges
Commodities — including precious metals, oil, energy markets, and agricultural commodities
Indices — the main market indices including the S&P 500, FTSE, DAX, and more
Cryptocurrencies — Bitcoin, Ethereum, and several smaller digital assets
ETFs — various popular ETF funds
Bonds — government bond instruments
The instrument range is competitive against most online brokers. The majority of traders are likely to find sufficient coverage without needing a second broker account.
Trading Platforms On Offer on AvaTrade
AvaTrade provides access to a few different execution platforms. The main options are:
MetaTrader 4 — the industry benchmark for retail forex trading. Complete charting, automated indicators, EA support capability
MetaTrader 5 — the updated version with additional charting tools and better backtesting
WebTrader — browser-based trading with no installation needed. Convenient for on-the-fly trading from any connected computer
AvaTradeGO — the smartphone app for iOS and Android. Clean interface with complete charting features
AvaOptions — a specialised platform for trading FX options. Fairly uncommon among retail brokers
In addition, AvaTrade integrates with social trading platforms such as DupliTrade and ZuluTrade for social trading. It is possible to follow the strategies of established traders directly through the connected platforms.
Things to Know About the Partner Code Bonus Conditions
As with all broker bonus, expect terms attached. The standard one is a lot requirement. You need to complete a minimum volume prior to the bonus is made available for withdrawal.
That is typical across all brokers. Not a single reputable broker allows you to just deposit, pocket the bonus, and leave. You trade as normal, then the bonus converts to unrestricted funds.
If you are active traders, the volume target is usually met through routine trading activity with no need for any special effort. It effectively provides free capital to trade with as you satisfy the requirements.
A couple of other things worth being aware of:
Whether the bonus has a validity period. Certain bonus offers become void if conditions are not met within a fixed number of days
What happens to the bonus if you pull out your initial deposit prior to meeting the trading conditions
Whether the bonus covers all trading products or only certain ones
These are typical broker terms. Just check the terms before committing so you hit no issues later.
How to Apply the AvaTrade Partner Code
The process take about five minutes:
Head to the AvaTrade account opening page
Enter 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"
Paste the partner code in that box
Finish your click here sign-up and complete the ID checks
Process your initial deposit. The extra funds will be deposited without further action per the bonus bracket
The one thing to remember: most brokers cannot allow you to apply a partner code after the account has been completed. Apply it at sign-up, not after. It is typically no option to retroactively enter it once the account exists.
Is It Really Worth It to Using an AvaTrade Partner Code
Short answer: definitely. I see zero downside. Your trading conditions do not change. You only receive 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. Pretty clearly that is a fair use of your time.
The key point is using a tested source rather than unverified blog articles where codes could have gone inactive. Check the broker's regulatory status, read the bonus conditions, and enter the code during sign-up. That is really all there is to it.