Sunday, January 10, 2010

AvaFx - Advantages Of Avafx Online broker

By Prema Laga

In 2006, some financial professionals with backgrounds in commodities and futures trading decided to establish their own brokerage firm. That firm is called Avafx. Avafx services 50000 clients worldwide and is considered a niche player in the online forex business. Their forex trading software is especially easy to use as it was built with straightforwardness in mind. At the same time, it has all the tools required for the most experienced forex traders.

Their account varieties are called Silver, Gold in addition to Platinum. Silver accounts require a minimum deposit of $100 while their regular Gold accounts need a deposit no less than $1000. Any deposit larger than $10000 will get the client a Platinum account.

Customers interested in their Silver account will be delighted to know that they can get up to $150 free upon opening the account. Ava Trader is the name of their intuitive forex trading software. Those looking to test their trading software can do so by signing up for a free forex demo account.

Customers can also trade popular commodities along with the Dax 20, Nasdaq 100 in addition to the S&P 500. No other major online forex broker offers such a broad diversity.

There are no commissions and their spreads are moderately competitive. A 200:1 leverage is offered as well. Funds can be deposited through Paypal, credit card, bank wire or check.

Every four months they are audited by Ernst&Young. Commerzbank, a top German bank is used to hold customer deposits. Withdrawals can be made in the form of E-currency and E-gold along with standard wire or check payment. Beginners need not worry as they offer a variety of guides that explain the process of forex trading. Twenty four hours a day, live support is offered for any queries from possible clients.

A manager is assigned to all new customers for their benefit. The representative will deal exclusively with the new customer from that time onward. You can also ask for a callback at any time. - 22871

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