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Wednesday, December 30, 2009

AvaFx - Advantages Of Avafx Broker

By Adrian Hutchence Michael Steel Leena Susan

A group of individuals with a background in commodities and futures decided to start their own brokerage company in 2006. They decided to name their firm AvaFx. Avafx has so far garnered widespread consideration as they service their fifty thousand or so online clients. Their forex trading platform was designed with the objective of the user in mind, making it especially intuitive. But that does not mean it cannot comply with the requirements of more advanced forex traders.

Their account varieties are named Silver, Gold and Platinum. Their mini account is the silver account, which requires a $100 deposit while their gold accounts require a minimum of $10000. Their largest accounts (platinum) require a $10000 or higher deposit.

Avafx has especially good deals that offer as much as $150 free cash for new silver accounts. Ava Trader is the name of their forex trading platform. This platform can be tested by signing up for their free forex demo account.

One of the main advantages that Avafx brings to customers is the ability to trade in not just currencies but also commodities, the S&P 500, Dax 30 as well as the Nasdaq 100. No other major online forex broker offers such a broad diversity.

Avafx does not charge commissions on the trade and their spreads are fairly low as well. A maximum of 200:1 leverage is offered to their customers. Depositing funds is easy and can be done via credit card, wire or a paypal transfer.

Every four months they are audited by Ernst&Young. Commerzbank, a good German bank is used to hold customer deposits. E-Gold in addition to E-Currency are two additional forms clients can withdraw their funds in. Forex trading is explained exceedingly well through their numerous guides. Live support is available to answer any concerns from customers in addition to interested parties alike.

New account holders are assigned a manager to advise and answer any concerns form the client. This representative will be in charge of customer service from then on. Clients can always ask for a callback if they wish to communicate over the telephone. - 23167

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