According to the CompareForexBrokers platform, AvaTrade is once again offering the cheapest spreads in its class. AvaTrade is on the list of the best providers with the cheapest fixed interest rates from July 2021.
Cheapest broker for the third time in a row
The broker also received the prize because the fees set an exclamation point. “AvaTrade has the lowest published scatter in its class for the third year in a row,” said Justin Grossbard of the awards team. “They also have very strong risk management tools like AvaProtect. That’s why we’ve given them the “Best Fixed Spread Broker” award. “
The competition has been published since 2014. To this end, the Forum analyzes on a monthly basis the proliferation of intermediaries involved. Now AvaTrade won seven candidates again. The criterion “Risk management” played a special role. The winner received a maximum of 10 points. AvaTrade still managed to get nine out of ten of its suitability as a forex trading platform. 9 points were also obtained from the applications.
According to CompareForexBrokers, other important criteria in evaluating brokers were the available market, leverage and customer service. Specialized service providers took the top positions in the investment. On the other hand, multi-asset broker eToro ended up in last place.
Kryptoszene Redaktion also gives a good judgment
AvaTrade was also tested by the Kryptoszene supplier. The overall score is respectable 4.3 out of five stars. European regulation by the Bank of Ireland, diversified trading opportunities, in-depth training seminars and Forex application AvaTradeGo.
Although cryptocurrencies can only be traded to a limited extent using CFD values, this is more of a side note throughout the test report. After all, the emphasis is on currencies and derivatives that can leverage a wide variety of assets. You can also trade shares with a broker this way. A cryptic scene can give the impression of a new prize thanks to its own prize AvaTrade test agree accordingly.