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ZFX Ava Forex Trade Review


If you re a beginner looking for a great forex trading platform, you might want to try out the ZFX Ava Forex Trade. This broker offers favorable trading conditions for both active traders and passive investors. Their MT4 terminal allows traders to use PAMM and MAM accounts. PAMM accounts allow investors to entrust their capital to an asset manager, who will make and sell investments on their behalf. An asset manager charges a performance fee, which is agreed upon in advance. The investor maintains full control of his/her account and receives proportionate profits and losses.

The fees charged by ZFX are generally average, although they can vary depending on the currency pair and account type. Professional and ECN accounts have the tightest spreads, while Standard STP trading accounts have a spread of 1.3 pips. ECN trading accounts, on the other hand, have minimum spreads of 0.2 pips and a commission of $7 per lot. ZFX is regulated by the Financial Services Authority of the UK Financial Conduct Authority.

In addition to its regulatory framework, ZFX offers several educational resources to help its clients improve their trading skills. Their website features an economic calendar, a glossary of terms, and an FAQ. While not a comprehensive guide, it offers important information for beginners. The Academy section is a good place to start learning about forex. This way, you can choose the currency pair and trade accordingly. There s also a live demo account so you can test the waters before investing real money.

Beginners will appreciate the fact that ZFX s Ava Forex Trade works well for traders of all experience levels. The platform is user-friendly and offers beginner, intermediate, and advanced courses. Beginners can also benefit from the low initial deposit, and the partnership program. You can learn more about Forex trading from ZFX Ava Broker by completing the demo account and completing the educational modules. You can even practice on the platform in a virtual environment if you re not confident enough to trade on your own.

Despite its limited product selection, AvaTrade offers a great range of tradable instruments. It also has satellite offices across Asia-Pacific and Europe. Although the firm is registered worldwide, it does not accept U.S. traders. AvaTrade offers low fees for CFDs and forex trades, with industry standard spreads. They also offer a range of trading platforms. This is another reason why many people choose to use AvaTrade.

The company also offers a MetaTrader 4 platform for traders to use. It supports many technical indicators and offers one-click trading, allowing traders to invest without a professional. Its division is regulated by the Financial Conduct Authority of the United Kingdom and is a member of the Zeal Group. It has been in business for five years, and offers more than 100 different financial instruments. So, there s a lot to like about this broker.

ZFX has a lot to offer: besides forex pairs, there are other popular markets like stocks and indices. The platform offers CFDs on 35 stocks, 15 indices, 3 cryptocurrencies, and exotic options. It also offers CFDs on several commodities. AvaTrade s CFD trading platform has a slick interface, which makes it easy to use for both beginners and experienced traders.