If you open an account with AvaTrade, you will notice a box on the registration form labelled a partner code. Many people leave it blank without knowing what they are leaving behind. Entering the proper partner code triggers a deposit bonus that goes up to thousands of dollars in extra capital, based on what you deposit.
The partner code will not change your spreads in the slightest. Identical spreads, unchanged order execution, unchanged platform. You simply get bonus capital in addition to your personal deposit. It's 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 types in a working code during account registration, the platform flags it. After you make your first deposit, the welcome bonus is deposited to your account automatically.
The bonus amount is determined by your deposit level. Higher deposits qualify for larger bonuses. Certain deposit tiers can reach several thousand in extra money. The entire bonus goes right into your trading account and is traded with from day one.
Why AvaTrade Even Has Partner Codes
It comes down to customer acquisition economics. Getting a new depositing trader typically costs a broker hundreds in marketing spend. Offering a deposit bonus that brings in a trader who then delivers multiples in fee income over their trading lifetime is smart economics for the broker.
Put simply it is not charity. It is a calculated promotional investment for AvaTrade. But that is totally fine for the trader. The bonus is real funds you can put to work. Both side receives something worthwhile.
Is AvaTrade Actually Trustworthy
This is actually where AvaTrade stands out from most competing brokers. They hold regulatory oversight in nine regulatory bodies globally. That includes tier-1 authorities like the Central Bank of Ireland, the Australian ASIC, and the FSA in Japan.
Multi-jurisdiction regulation of this scope is rare among online brokers. Most brokers hold a licence in a single or a couple of countries. AvaTrade being regulated in that many provides a degree of credibility that few competitors come close to.
The broker has been operating since 2006, which puts them almost 20 years in the business. This level of track record is relevant when you are trusting a broker with your funds.
What Do You Actually Trade on AvaTrade
AvaTrade supports a wide variety of financial markets. The primary categories are:
Forex — more than 50 FX pairs including the major pairs, minors, and some exotic pairs
Stocks — CFDs on major equities from multiple markets
Commodities — covering gold and silver, oil, natural gas, and agricultural commodities
Indices — key market indices click here like the S&P 500, FTSE, DAX, and others
Cryptocurrencies — Bitcoin, Ethereum, and several smaller digital assets
ETFs — various exchange-traded funds
Fixed income — sovereign bond instruments
The instrument range is solid versus the majority of CFD brokers. Most traders will find what they need without having an additional broker platform.
The Platforms Supported with AvaTrade
AvaTrade supports multiple trading platforms. The core options are:
MetaTrader 4 — the industry standard for forex trading. Full charting, custom indicators, Expert Advisors built in
MetaTrader 5 — the next-generation iteration with extra asset classes and enhanced strategy testing
WebTrader — web-based trading with no download required. Good for on-the-fly execution 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
On top of that, AvaTrade integrates with social trading platforms including DupliTrade and ZuluTrade for social trading. You can follow the strategies of established traders directly via 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.
This is typical across the forex space. No licensed broker will let you just deposit, collect the bonus, and cash out. You hit the volume target first, then the bonus is released as real money.
For frequent traders, this is generally hit via regular trading habits without any change in behaviour. The bonus 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 structures become void if conditions are not met within a defined number of days
What happens to the bonus if you pull out your initial capital before reaching the lot requirement
Whether the bonus covers all asset classes or only certain ones
All of this is typical promotional conditions. Just read the conditions prior to funding your account so you hit no surprises down the line.
How to Enter the AvaTrade Partner Code
The steps takes maybe five minutes:
Go to the AvaTrade registration page
Fill in your personal details — name, email, phone number, country
Find the promo code box on the registration form. It is typically marked something like "Have a partner code?" or "Partner code"
Type the partner code into that field
Complete your registration and go through the account steps
Complete your opening deposit. The promotional credit will be applied without further action according to the deposit level
One thing to remember: the majority of 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 after the account is live.
Is It Worth It to Using an AvaTrade Partner Code
In a word: yes. I see literally no disadvantage. Your spreads do not change. You only start with extra funds in your account on top of your personal deposit.
Five minutes of effort during registration for potentially significant amounts in free trading capital. That is a solid trade.
What matters most is using a active directory rather than random web pages where codes may have been discontinued. Check the broker's licensing, read the bonus T and Cs, and enter the code at sign-up. That is honestly all there is to it.