TIER 1 · CMA-KE · CBI · FSC-BVI · ASIC +4RBI ALERT LIST#8 of 66 international brokers

AvaTrade review: the verdict.

Listed on the Reserve Bank of India Alert ListThe RBI lists Ava Trade as not authorised to deal in forex or run a forex trading platform for Indian residents. Indian residents trading forex on unauthorised platforms can face action under FEMA. Source: RBI Alert List (RBI press release 2025-2026/1530, 19 Nov 2025; checked 24 Oct 2026).

Verdict score

8.3 / 10

Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.

Regulation10.0

Best licence: Tier 1

Trading cost5.0

No published spread

Accessibility5.0

Deposit not published

Platforms & payments4.7

3 platforms · 0 payment methods

Outside ratings9.6

Trustpilot 4.8 from 13,589

AvaTrade vs top-rated peersPER YEAR

I trade standard lots of EUR/USD a month.

Trive$720

GO Markets$1,200

FP Markets$1,440

Zero Markets$1,440

Vantage$1,440

Cheapest vs most expensive here, per year$720

Regulation

Who licenses AvaTrade.

Licences as AvaTrade lists them. A tick means we found the entity on the regulator's own register.

Regulator	Tier	Entity	Licence no.	On register
CMA-KE	TIER 3	Ava Trade Kenya Limited	262	Not yet checked
CBI	TIER 2	Ava Trade EU Ltd	C53877	Not yet checked
FSC-BVI	OFFSHORE	Ava Trade Markets Ltd	SIBA/L/13/1049	Not yet checked
ASIC	TIER 1	Ava Capital Markets Australia Pty Ltd	406684	Not yet checked
FSCA	TIER 2	Ava Capital Markets (Pty) Ltd	FSP 45984	Not yet checked
JFSA	TIER 1	Ava Trade Japan K.K.	1662	Not yet checked
FSRA (ADGM)	TIER 2	Ava Trade Middle East Ltd	190018	Not yet checked
CySEC	TIER 2	DT Direct Investment Hub Ltd.	347/17	Not yet checked

Accounts

Published EUR/USD costs.

No account pricing published.

Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.

Key facts

The fine print.

Website

www.avatrade.com

Founded

Not published

Headquarters

Not published

Minimum deposit

Not published

Max leverage

Not published

EU/UK leverage cap

1:30

Platforms

MT4, MT5, own app

Deposits & withdrawals

Not published

Islamic (swap-free) account

Not published

Copy trading

Yes

Withdrawal fees

Not published

Inactivity fee

Not published

Restricted countries

Not published

RBI Alert List (India)

LISTED as "Ava Trade" · list of 19 Nov 2025 · checked 24 Oct 2026

Verified reviews

Traded with AvaTrade? Prove it.

Verified reviews open soon. Reviews backed by a statement, a read-only MT4/MT5 login or a withdrawal receipt count up to 3× more, and every verified review enters the weekly 100 USDT draw.

Outside rating used for now: Trustpilot 4.8 from 13,589 reviews.

Compare AvaTrade

vs FP Markets vs Trive vs Zero Markets vs Fusion Markets vs GO Markets vs Capital.com

Visit AvaTrade

Sources · data as of 2026-10-24

platforms: www.avatrade.com/
regulators: www.avatrade.com/about-avatrade/regulation
trustpilot: www.trustpilot.com/review/avatrade.com
copy trading: www.avatrade.com/
eu uk leverage cap: www.avatrade.com/

Research notes: avatrade.com homepage showed 'Up to 30:1 leverage* (based on your local regulation)' - likely EU/regulated-region view; offshore (BVI) max leverage not confirmed, so max_leverage null. EUR/USD spread table did not render; AvaTrade uses fixed/'over market' spreads with no commission, but no figure captured - accounts empty. Platforms on page: WebTrader, MT4, MT5, AvaOptions, AvaTrade App, DupliTrade, AvaSocial (copy trading via DupliTrade/AvaSocial). FSC-BVI and Japan FFAJ membership (1574) also listed. Payment methods, fees, Islamic and restricted-country pages returned client errors. Site copyright reads 2007-2026 but founding year not explicitly stated.

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