AvaTrade crypto review – Why should you trade cryptos with AvaTrade?

AvaTrade is one of the few Forex brokers that provide an extensive portfolio of the most popular cryptocurrencies. The broker offers Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, and many others available for trade. It also offers one of the most competitive trading conditions for crypto financial instruments available in more than 100 countries worldwide. The best thing about AvaTrade crypto trading is the fact that users do not need wallets and they can directly trade with crypto coins and tokens through the broker’s platforms.

However, there are certain restrictions with AvaTrade crypto trading, such as geographic and account limitations. Crypto trading on AvaTrade’s Islamic accounts is not available. Also, as per the regulatory framework of the broker, trading with cryptocurrencies is not allowed for UK-based clients except for professional traders. Furthermore, due to platform maintenance or downtimes on the cryptocurrency exchanges, the crypto pairs might not be available for short periods on the weekends.

We will cover the crypto trading conditions and platforms of the broker, as well as AvaTrade crypto fees in greater detail in the article.

Access up to 20 crypto assets with AvaTrade

Crypto trading conditions

avatrade crypto trading

AvaTrade has one of the best round-the-clock crypto trading conditions on the market. The clients of the broker can trade without any commission charges with immediate trade execution systems. Traders can trade both crypto/crypto pairs as well as crypto/fiat pairs (USD, EUR, JPY, and more) to diversify their trading portfolios. The list of the available crypto currencies includes Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Bitcoin Gold, Ripple, and EOS. Furthermore, the leverage provided by the broker is highly flexible. The maximum leverage for the residents of the European Union on crypto assets is 2:1, whereas all non-European Union residents can get leverage going up to a maximum of 25:1.

You can open a real trading account for 100 US dollars with AvaTrade to start trading cryptocurrencies. Crypto coins have over-market spreads that are variable and range from 0.25% to 20%. Also, there are some restrictions to the maximum positions limit. Below is the list of the crypto assets along with the applicable spreads and limits to maximum open positions:

  • BTC Pairs = $750K Max, spread 4% on BTC/USD and 5% on BTC/EUR, 5% on BTC/JPY
  • ETH = $500K Max, spread 5%
  • XRP = $100K Max, spread 10%
  • BCH, LTC = $200K Max, spread 10% on BCH and 10% on LTC,
  • BTGUSD, Stellar (XLMUSD), EOS, NEO, MIOTA = $50K Max, spread 20% on all
  • DASH = $10K Max, spread 20%
  • Palladium = $400K Max
  • CRYPTO10, CANNABIS_IN = $100K Max
  • Crypto Assets’ limit of $1.5M

Trade BTC pairs with 0 commissions at AvaTrade

Why should you trade cryptocurrencies with AvaTrade?

avatrade bitcoin trading

First and foremost, the trading costs with the broker are extremely low. The traders do not pay any commission fees with AvaTrade and can invest in crypto assets without any need for wallets. Furthermore, the spreads are much lower than the market average and the instruments can be traded with flexible leverage of 1:25. The market operates 24/7 with round-the-clock assistance from the broker’s exceptional customer support team. In addition to all that, traders have access to multiple advanced trading platforms including the traditional options MetaTrader 4 and MetaTrader 5, as well as the innovative trading terminals, such as AvaTrade GO, AvaSocial, ZuluTrade, and DupliTrade. Together with guaranteed security of your funds, a diverse portfolio, an abundance of trading platforms and tools, and low costs, AvaTrade is one of the best brokers to trade cryptos with. However, it should be noted that as per crypto regulations in several regions, trading cryptocurrencies with AvaTrade is not available in the United Kingdom, European Union, and the United States.

FAQs on AvaTrade crypto review

Does AvaTrade have Cryptocurrency?

Yes. AvaTrade provides Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Bitcoin Gold, Ripple, and EOS. The broker allows its users to trade directly through the platforms of AvaTrade without any need for crypto wallets. Furthermore, cryptocurrency trading is available 24/7 with AvaTrade broker.

Is AvaTrade legit?

Yes, AvaTrade is legit and regulated by eight different regulatory authorities. Some of the notable financial market regulators that license and authorize AvaTrade broker are Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC), Financial Sector Conduct Authority in South Africa (FSCA), Financial Services Agency in Japan (FSA), and Dubai Financial Services Authority (DFSA).

Can I trade bitcoin on AvaTrade?

Yes. AvaTrade offers Bitcoin trading on its platform without any need for crypto-wallets. Bitcoin trading is available 24/7 with the broker except for small periods of lapses of downturns on crypto exchanges and platform maintenance. Bitcoin trading is not available for UK residents as per regulatory requirements, except for the professional traders authorized by the Financial Services Conduct Authority in the United Kingdom.

Is AvaTrade available in USA?

AvaTrade does not serve clients from the United States since the broker has no regulations in the region. AvaTrade is regulated in Europe by two significant authorities of Bank of Ireland and CySEC, in Australia by ASIC, in Africa by FSCA and in Asia by several notorious regulatory bodies including the Financial Services Agency of Japan (FSA), the Dubai Financial Services Authority (DFSA) and the Abu Dhabi Global Markets (ADGM) Financial Regulatory Services Authority (FRSA).