AvaTrade Netherlands Review 2024 - TU expert opinion
Is the Forex market legit in Netherlands?
Forex trading is legal in the Netherlands. A large share of the country’s population have investment and brokerage accounts in large companies. The operation of financial organizations is regulated by the Netherlands Authority for the Financial Markets.
The Netherlands is a member of the European Union. Therefore, all brokers comply with the MIFID rules. Dutch clients can work with brokers that are registered not only in the Netherlands, but also in other EU countries.
How to Trade Forex in the Netherlands
Choosing a reliable broker with a financial license is an important condition of profitable and safe trading. Once you’ve made your choice, you need to register on the website and provide scanned copies of identification documents. After you complete registration, you need to fund our account, install a trading platform or a mobile app, if you plan to trade from your smartphone. As soon as the money is credited to your account, you can choose a currency pair and trade the chosen asset.
Our Evaluation of AvaTrade
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
AvaTrade is one of the top brokers in the financial market with the TU Overall Score of 8.13 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
AvaTrade is a brokerage company that provides optimal working conditions for all traders with any skill level. The broker provides customers with security by protecting their data and finances, and they are constantly working to improve the service.
Detailed Review of AvaTrade in Netherlands
AvaTrade is a good choice for traders from Netherlands. The broker complies with all the requirements of the local regulator and offers attractive trading conditions for the clients.
AvaTrade has been providing services at the market for more than 14 years and during this time it has become one of the leading companies. It is consistently on the list of the best Forex brokers. The broker diligently fulfills its obligations towards the customers and regulatory authorities, implements innovations in its activity, and is constantly working to improve its service.
The company's activity is regulated by 7 commissions at the same time: CBI (EU), B.V.I. FSC (British Virgin Islands), ASIC (Australia), FSCA (RSA), CySEC, FSA, and FFAJ (Japan). The broker uses segregated accounts for more reliable protection of customer's funds.
Here are some figures about AvaTrade brokers, which can be interesting for traders:
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a wide range of trading instruments - more than 250 assets;
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customer service that speaks 14 languages, available 24 hours 5 days a week;
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accreditation from 7 regulatory authorities from five continents;
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the company's monthly turnover is more than 60 billion US dollars;
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the company’s experience is 14 years of work at the financial services market;
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more than 200 thousand customers worldwide;
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since 2009 the broker has received 9 awards for the quality of services provided.
Advantages of AvaTrade for trading in Netherlands
Traders Union analysts conducted a detailed analysis of AvaTrade for traders from Netherlands. The experts outlined the key benefits of the company for the clients from this country. The advantages of the broker are as follows:
availability of special accounts forIslamic traders;
large choice of trading platforms, mobile trading;
permission to use advisers, indicators, charts, and other instruments for automated trading;
Training section: Educational platform, tutorial videos, analytical materials and webinars for traders;
provides support by qualified experts 5 days a week at any time of the day;
high level of protection for customer funds stored at segregated accounts;
high level of accreditation. Licenses from the leading regulators across 5 continents.
Analysis of the Main Features of AvaTrade in Netherlands
Traders Union analysts analyzed the key features of AvaTrade for traders from Netherlands. TU uses its own evaluation method, assessing each block separately. Based on the results of the assessment, an overall score is given.
Trading conditions for AvaTrade traders from Netherlands
It is important to assess trading conditions before you decide to work with a specific company. Traders Union analysts have prepared a comparison of AvaTrade trading conditions for traders from Netherlands. The experts analyzed minimum deposit, trading platforms, leverage and other important information that could impact a trader's choice of a broker.
💻 Trading platform: |
MetaTrader 4, MetaTrader 5, Mirror Trader, ZuluTrade, AvaTrader, mobile and web versions of МТ
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📊 Accounts: |
Standard, Demo
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💰 Account currency: |
AUD, JPY, GBP, USD, EUR, CHF
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💵 Replenishment / Withdrawal: |
MasterCard, bank transfers, e-wallets
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🚀 Minimum deposit: |
100$
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⚖️ Leverage: |
1:30 to 1:400
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💼 PAMM-accounts: |
No
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📈️ Min Order: |
0.01
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💱 Spread: |
From 0.9 to 3 p.
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🔧 Instruments: |
Forex pairs, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options and ETFs
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💹 Margin Call / Stop Out: |
25% / 10%
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🏛 Liquidity provider: |
Currenex
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📱 Mobile trading: |
Yes
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➕ Affiliate program: |
Yes
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📋 Orders execution: |
Instant Execution
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⭐ Trading features: |
Cryptocurrencies and CFDs trading; Islamic accounts.
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🎁 Contests and bonuses: |
Yes
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AvaTrade Commissions and Fees
Traders Union analysts analyzed commissions and fees charged by AvaTrade for traders from Netherlands. Within the framework of the analysis, all types of trading and non-trading fees traders are charged with were evaluated.
The broker has been checked by our experts for the existence of explicit and hidden commissions, in particular a commission for trading volume and withdrawal of funds.
Account type | Spread (minimum value) | Withdrawal commission |
Standard | From 0 to 20 US dollars, depending on the platform | No |
We have also analyzed commission indicators of Ava Trade competitors - RoboForex and Exness. Based on the results of the study, we distinguished three categories: high commission level, medium and low.
FAQs
Is AvaTrade legal in Netherlands?
Yes. AvaTrade operates legally in Netherlands. The broker holds the necessary licenses.
Can you learn trading with AvaTrade? Does the broker offer courses for traders from Netherlands?
Yes, AvaTrade offers good trading courses and a lot of educational information for clients from Netherlands.
Can AvaTrade be trusted? Has the broker been operating in Netherlands long?
AvaTrade has been operating in Netherlands quite long and has a good reputation. Therefore, traders can work with AvaTrade.
Is AvaTrade suitable for novice traders from Netherlands?
Yes. AvaTrade offers optimal trading conditions and good education for beginners from Netherlands.
How efficient is AvaTrade customer support in Netherlands?
AvaTrade offers a sufficient number of ways to contact customer support in Netherlands, and also provides support in the state language.
Has AvaTrade had any incidents involving theft of funds of clients from Netherlands?
No. AvaTrade provides reliable security of funds of clients from Netherlands.
Will I be able to file a lawsuit in Netherlands if AvaTrade violates my rights?
Yes. If AvaTrade violates your rights, you can file a complaint with the regulator of Netherlands, and then with a court.
Can AvaTrade clients from Netherlands use the broker’s mobile app?
Yes. The mobile app of AvaTrade is available for the clients from Netherlands.
Does AvaTrade provide Netherlands market analysis?
Analysis of Netherlands is featured in the information provided by AvaTrade.
How can I withdraw funds from my account at AvaTrade in Netherlands?
AvaTrade supports bank transfers and debit/credit cards of the banks operating in Netherlands.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.