Pros
- ASIC AFSL 406684 since 2014; Tier-1 regulators on three other continents
- AvaOptions platform offers real vanilla forex options, rare in Australia
- AvaSocial proprietary copy trading plus DupliTrade integration
- 1,250+ instruments across forex, indices, commodities, crypto, ETFs and FX options
- AUD 100 minimum deposit, fee-free funding via PayID, BPAY, card and bank transfer
- Strong education library covering options strategies and fundamentals
- 24/5 customer support in 14+ languages
Cons
- USD 50 inactivity fee after only three months, among the most aggressive in our coverage
- USD 100 administration fee after 12 months on top of the inactivity charge
- Standard account spreads (0.9 pips EUR/USD) wider than RAW brokers like Pepperstone and IC Markets
- No commission account option for active forex traders
- Customer support 24/5 only (closed weekends)
Verdict
AvaTrade earns a place on this site for one main reason. It’s the only ASIC-regulated broker in our 30-broker shortlist that gives Australian retail traders genuine vanilla forex options through a dedicated platform (AvaOptions). If you’ve ever wanted to write a covered call on EUR/USD, run a strangle into a Fed meeting, or hedge a spot position with a put, this is the AU broker that lets you do it without leaving the same login. That’s a niche, and it’s a real one.
The rest of the package is solid without being category-leading. AvaTrade runs MT4 and MT5, the AvaTradeGO mobile app, AvaSocial for copy trading, and a DupliTrade integration. Spreads on the standard account sit in the middle of the AU pack at around 0.9 pips on EUR/USD. Educational content is among the strongest in the AU market. Where AvaTrade loses points is the fee structure. The broker charges a USD 50 inactivity fee after just three months of dormancy, and a further USD 100 administration fee at the 12-month mark. Both are unusually aggressive by ASIC standards. If you’re an occasional trader who funds an account and sits on it, AvaTrade will quietly bill you in a way that Pepperstone, IC Markets and CMC won’t.
So this is a specialist’s pick. If you want forex options, AvaTrade is the answer. If you want the cheapest forex spreads or the lightest fee schedule, look elsewhere first.
Quick facts
| Item | Detail |
|---|---|
| Australian regulator | ASIC, AFSL 406684 |
| Australian entity | Ava Capital Markets Australia Pty Ltd |
| Other regulators | Central Bank of Ireland, FSA Japan, FSCA South Africa, ADGM (UAE), ISA (Israel), BVI FSC |
| Year founded | 2006, Dublin |
| Headquarters | Dublin, Ireland; AU office Sydney |
| Trading platforms | MT4, MT5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade |
| Account types | Retail standard, Professional (wholesale) |
| Minimum deposit | AUD 100 |
| Maximum retail leverage | 30:1 (forex majors), ASIC-capped |
| Spreads from (EUR/USD) | 0.9 pips (standard, no commission) |
| Commission | None on standard account |
| Funding methods (AU) | Visa, Mastercard, BPAY, PayID, bank transfer, Skrill, Neteller, WebMoney |
| Inactivity fee | USD 50 after 3 months, plus USD 100 admin fee at 12 months |
| Negative balance protection | Yes (mandatory under ASIC) |
| AFCA member | Yes |
| Demo account | Free, 21-day expiry (renewable) |
| Customer support | 24/5, phone plus live chat plus email in 14+ languages |
Trading costs and fees
Standard account spreads
AvaTrade runs a single retail account with spread-only pricing. There’s no commission and no RAW/ECN tier. EUR/USD typically sits around 0.9 pips, AUD/USD around 1.0, GBP/USD around 1.5. That’s competitive with easyMarkets and Plus500 but well behind the Razor and Raw accounts at Pepperstone, IC Markets and Fusion Markets.
| Pair | AvaTrade standard (avg pips) | AU industry avg (Standard) |
|---|---|---|
| EUR/USD | 0.9 | 1.1 |
| AUD/USD | 1.0 | 1.3 |
| GBP/USD | 1.5 | 1.4 |
| USD/JPY | 1.1 | 1.4 |
| EUR/GBP | 1.5 | 1.4 |
| EUR/JPY | 1.7 | 1.9 |
| Gold (XAU/USD) | 0.30 | 0.35 |
The fee structure to flag
This is the part of the AvaTrade offer that we want every Australian reader to understand before opening an account.
- Inactivity fee: USD 50, charged after three consecutive months of no trading activity. Most AU brokers don’t charge an inactivity fee at all. Of the ones that do, CMC waits 12 months and charges AUD 15 per month. Pepperstone and IC Markets charge nothing. AvaTrade’s three-month window is the shortest in our 30-broker coverage.
- Administration fee: A further USD 100, charged after 12 months of dormancy on top of the quarterly inactivity charges already applied.
- Currency: Both fees are billed in USD, so the AUD impact varies with the FX rate. At an AUD/USD of 0.65, that’s roughly AUD 77 every three months and a one-off AUD 154 at the year mark.
If you fund an AvaTrade account, plan to trade it. Or close and withdraw before the three-month clock expires. We don’t think the fee structure is hidden (it’s published in the schedule), but it is unusually punitive by AU broker standards and worth flagging up front.
Other fees
- Overnight swap rates apply on positions held past 5 PM New York. Direction-dependent, in line with the AU broker pack.
- Currency conversion is applied if you trade in a non-base currency. Hold an AUD-denominated account if you trade AUD pairs.
- Withdrawal fees are generally $0 on bank transfer; some e-wallet methods carry small charges.
- Options premiums: AvaOptions trades are priced as options premiums, not spread plus commission. If you’re new to options, the cost calculation works differently from CFD spreads.
Trading platforms
AvaTrade’s platform stack is broader than most AU brokers and includes one platform you won’t find anywhere else on this site.
AvaOptions, the real differentiator
AvaOptions is AvaTrade’s proprietary vanilla options platform. You can trade calls and puts on 40+ forex pairs, run multi-leg strategies (straddles, strangles, butterflies, condors), and combine spot and options positions inside a single account. This is genuine vanilla options, not binary options and not CFD-style “knock-out” products. Two things matter here:
- It’s rare in the Australian retail market. Most AU brokers don’t offer real options on forex at all. The closest substitute is IG’s barrier and knock-out structures, which behave differently.
- The fee model is options-native (premium-based), not spread plus commission. That’s the right model for options, and it means cost comparisons against CFD-only brokers don’t translate cleanly.
If options are part of your strategy, AvaOptions is the reason you’d pick AvaTrade over a cheaper-spread competitor. If you don’t use options, this platform doesn’t matter to you.
MetaTrader 4 and MetaTrader 5
Both platforms are available. MT4 remains the default for AU forex traders running legacy expert advisors. MT5 covers a broader instrument set including indices and stocks natively. AvaTrade’s MT4/MT5 builds connect to the same standard pricing engine, so you get the 0.9-pip EUR/USD typical spread on either platform.
AvaTradeGO (mobile)
AvaTradeGO is the broker’s proprietary mobile app, with biometric login on iOS and Android, integrated AvaProtect risk management, and access to the same 1,250+ instrument range as the desktop platforms. AvaProtect is a paid feature that lets you insure a trade for a defined window: pay a premium up front and any loss inside the window is refunded. It’s a packaged hedging product rather than a true stop loss replacement.
AvaSocial and DupliTrade
AvaSocial is AvaTrade’s proprietary copy trading platform, comparable to eToro’s CopyTrader at a structural level. DupliTrade is a third-party signals platform integrated with the AvaTrade account. Either route lets you mirror trades from selected lead traders. Of the two, AvaSocial is the more polished mobile-first experience; DupliTrade is more analytical and built for traders who want to vet performance histories closely.
TradingView
AvaTrade has positioned a TradingView integration in some marketing material. Verify availability for the AU entity at the point of sign-up; not all AvaTrade global features ship to ASIC-regulated accounts.
Trust and safety
Trust score: 7.8/10.
Regulation
Ava Capital Markets Australia Pty Ltd holds AFSL 406684 with the Australian Securities and Investments Commission. The AFSL has been continuously held since 2014. There have been no public ASIC enforcement actions or licence conditions imposed in the last 36 months.
Globally, the AvaTrade group is regulated by:
- Central Bank of Ireland, Tier 2
- Financial Services Agency, Japan, Tier 2
- FSCA, South Africa, Tier 3
- ADGM, Abu Dhabi, Tier 2
- Israel Securities Authority, Tier 2
- BVI Financial Services Commission, offshore
- FRSA, Abu Dhabi
The AU entity is the relevant one for Australian retail traders. The other licences matter mostly because they show AvaTrade has been operating across multiple jurisdictions for two decades, which is a different trust signal from a recently incorporated offshore-only broker.
Reputation and history
Founded in Dublin in 2006 by Emanuel Kronitz and Negev Nosatzki. AvaTrade was an early mover in retail forex out of Ireland and has grown to 400,000+ registered customers globally. The Irish parent has remained privately held throughout. The Australian operation runs out of Sydney with local support during AU business hours.
Australian context that matters:
- ASIC-regulated since 2014, no material enforcement actions on the public record
- Member of AFCA for retail dispute resolution
- Segregated client funds at an Approved Australian Bank
- Local Sydney office with AU-based account managers
Public reviews
AvaTrade carries a TrustPilot score of 4.6/5 from 9,000+ reviews globally, one of the higher scores in the AU shortlist. Common positives mentioned: education content quality, multi-language support, options trading capability. Common negatives: the inactivity fee structure and occasional friction on large withdrawal requests during AML verification.
Account types and minimum deposit
| Account | Pricing | Min deposit | Best for |
|---|---|---|---|
| Retail standard | Spread-only, no commission | AUD 100 | All retail clients |
| Professional (wholesale) | Same pricing, higher leverage available | Varies | Wholesale-qualified traders |
AvaTrade does not offer a tiered RAW or ECN commission account. There’s one retail price book and you trade on it. If you qualify as a wholesale client under the Corporations Act (broadly: AUD 500k+ net financial assets, or AUD 250k+ income for two consecutive years, certified by an accountant), you can request higher leverage and bespoke pricing as a Professional client.
Minimum deposit
AUD 100 to open. Most active traders we surveyed start with AUD 500 to 1,000. The platform supports micro-lot trading on forex, so smaller balances are workable, but the AUD 100 floor is higher than the $0 minimums at CMC, Pepperstone and IC Markets.
Funding and withdrawals
Deposit methods (AU clients)
| Method | Fee | Speed |
|---|---|---|
| Visa / Mastercard | $0 | Instant |
| PayID | $0 | Same day |
| BPAY | $0 | Next business day |
| Bank transfer (EFT) | $0 | 1 to 2 business days |
| Skrill | $0 | Instant |
| Neteller | $0 | Instant |
| WebMoney | $0 | Instant |
Withdrawals
Generally $0 on standard methods. AvaTrade applies the same-source rule for AML compliance: withdrawals route back to the deposit method where possible. Card refund 1 to 3 business days. Bank transfer 1 to 2 business days. E-wallet same day to next day.
Account opening
Online application, AUSTRAC-compliant. One ID document (driver’s licence or passport) and one proof of address. Most AU applications are approved within a few hours. Our test team rated AvaTrade’s onboarding 11/15: clean process, but you’ll be asked for slightly more documentation than the lightest-touch flows at Plus500 or eToro.
Product range
AvaTrade’s instrument list runs to 1,250+ across the major asset classes.
- Forex: 60+ pairs including AUD majors and minors. Major and minor crosses well covered.
- Vanilla forex options: 40+ pairs available through AvaOptions. Rare in the AU retail market.
- Indices: ASX 200 and all major global indices (S&P 500, NASDAQ, FTSE, DAX, Nikkei).
- Shares CFDs: 600+ across ASX, NYSE, NASDAQ, LSE.
- Commodities: gold, silver, oil, gas, agricultural softs.
- Cryptocurrencies: 20+ crypto CFDs. ASIC’s 2:1 leverage cap applies.
- ETFs: 60+ ETF CFDs.
- Bonds: limited compared to CMC or IG; check current list.
The differentiator is the options coverage. If you want the broadest CFD share list, CMC and IG are bigger. If you want the deepest forex options coverage among ASIC-regulated brokers, this is the one to look at.
Customer service
Phone, live chat and email. Hours: 24 hours, Monday to Friday. Closed weekends. Average live chat response in our testing: under two minutes during AU business hours, slightly longer overnight. Knowledge of platforms (especially AvaOptions): strong. Knowledge of ASIC tax treatment: agents correctly defer to “speak to a registered tax agent.”
Support languages: English, Spanish, German, French, Italian, Portuguese, Chinese, Japanese, Arabic, Russian, Polish, Dutch, Swedish, Turkish (14+ at last count).
Multi-language support is one of AvaTrade’s quiet strengths. If you trade from a non-English-speaking household and want native-language phone support, the AU options narrow quickly. AvaTrade is on the short list.
Research and education
Education is a real strength here. AvaTrade’s library is among the most comprehensive in the AU market.
Education content
- AvaAcademy: structured beginner-to-advanced course series
- Dedicated options education (rare among AU brokers because most don’t offer options)
- Trading Central daily research feed
- Webinars in multiple languages
- Glossary, eBook library and video tutorials
- Sharp Trader market commentary site
Market research
Integrated into the platforms:
- Trading Central technical and fundamental analysis
- Daily market analysis from in-house analysts
- Economic calendar
- Autochartist pattern recognition
The options-specific education is the standout. If you want to learn how to trade vanilla options on forex, the AvaTrade library will take you from the basics to multi-leg strategies. We didn’t find an equivalent depth at any other ASIC-regulated broker on our shortlist.
How AvaTrade compares to alternatives
| If you value… | Consider |
|---|---|
| Tightest forex spreads | |
| Broader CFD product range | |
| Copy trading platform | |
| Beginner-focused experience | |
| Native cTrader access | |
| TradingView integration | |
| No inactivity fee |
Bottom line
AvaTrade is a specialist’s broker. The case for opening an account is options trading on forex through AvaOptions, a feature that’s genuinely rare in the Australian retail market and not really available anywhere else on our shortlist at this depth. Add the AvaSocial copy trading layer, the strong education library and the multi-language support, and there’s a coherent niche here.
The case against is the fee structure. Three months of dormancy triggers a USD 50 charge, and the 12-month administration fee piles on a further USD 100. If you trade actively and use the options platform, you’ll never see those charges. If you fund an account and let it sit, AvaTrade will quietly bill you in a way most AU brokers won’t.
Where to start: open the demo, spend an hour inside AvaOptions running a few practice strategies, and decide if vanilla forex options are part of your toolkit. If yes, AvaTrade is the AU answer. If you’re really after tight forex spreads or a one-stop multi-asset CFD account, Pepperstone, IC Markets or CMC will serve you better.
Open an AvaTrade demo → (affiliate link, see our advertiser disclosure)
Score breakdown
Great
Based on 78/100 CFB Score
FAQs
Is AvaTrade safe for Australian traders?
What leverage does AvaTrade offer in Australia?
What's the minimum deposit at AvaTrade in Australia?
Does AvaTrade offer real forex options?
What are AvaTrade's inactivity and administration fees?
Does AvaTrade offer MetaTrader 5 in Australia?
Does AvaTrade offer copy trading?
Related pages
About the author
Justin co-founded CompareForexBrokers in 2014 and has traded forex since 1998. Based in Melbourne, he has tested every ASIC-regulated broker on this site personally and has written for Forbes, Kiplinger, Finance Magnates, the Australian Financial Review and The Age. He holds a Bachelor of Commerce (Honours) and a Master's in Marketing from Monash University. Justin is the Strategic Head of Research for the site.