AvaSocial is a forex and CFD broker established in 2006 and headquartered in Ireland. The broker is known for its proprietary trading platform, which supports a wide range of instruments including indices, commodities, gold, oil, cryptocurrency CFDs, and ETFs. With a minimum deposit of $100 and maximum leverage of 1:400, AvaSocial caters to both retail and more active traders.
The broker offers several account types, including ECN/Raw, Demo, and Copy trading accounts, emphasizing transparency and social trading features. AvaSocial holds regulation from the Central Bank of Ireland (CBI) and the Australian Securities and Investments Commission (ASIC), adding a layer of credibility and oversight.
AvaSocial is a forex and CFD broker established in 2006 and headquartered in Ireland. The broker is known for its proprietary trading platform, which supports a wide range of instruments including indices, commodities, gold, oil, cryptocurrency CFDs, and ETFs. With a minimum deposit of $100 and maximum leverage of 1:400, AvaSocial caters to both retail and more active traders.
The broker offers several account types, including ECN/Raw, Demo, and Copy trading accounts, emphasizing transparency and social trading features. AvaSocial holds regulation from the Central Bank of Ireland (CBI) and the Australian Securities and Investments Commission (ASIC), adding a layer of credibility and oversight.
AvaSocial is well-suited for traders who prefer a proprietary platform and want access to a broad range of forex pairs (250) and CFDs on commodities, gold, oil, crypto, and ETFs. The availability of ECN/Raw accounts appeals to cost-conscious traders who value tight spreads (though specific numbers are not disclosed) and direct market access. Copy trading functionality makes it attractive for beginners or those who wish to mirror the strategies of experienced traders.
However, AvaSocial may be a weaker fit for traders who rely on third-party platforms like TradingView, those seeking micro accounts for very small position sizes, or investors interested in trading real cryptocurrencies or individual stocks and ETFs. The lack of specified scalping and EA/algo trading policies might also deter algorithmic or high-frequency traders.
AvaSocial is regulated by two major financial authorities: the Central Bank of Ireland (CBI) and the Australian Securities and Investments Commission (ASIC). These regulators impose strict operational standards, including client fund segregation and negative balance protection, which are both offered by AvaSocial. This regulatory framework provides traders with a level of security and recourse, ensuring the broker adheres to financial conduct rules.
Being regulated in both Europe and Australia means AvaSocial must comply with robust capital adequacy and reporting requirements. For traders, this translates to a safer trading environment and reassurance that their funds are held separately from the broker's operational capital.
| Primary regulator | |
| All licenses held | CBI,ASIC |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
AvaSocial's fee structure is primarily determined by the account type chosen. The ECN/Raw account likely features a commission-based pricing model, while other account types may incorporate spreads. The broker does not charge withdrawal fees, and withdrawal requests are processed within one business day, which is efficient. Deposit methods include credit/debit cards, bank wire transfers, and e-payments like Skrill and Neteller, offering flexibility for funding.
While specific spread or commission figures are not provided, traders should be aware that costs will vary based on account type and market conditions. The minimum deposit of $100 is moderate, making the broker accessible to a range of traders. Since no fee is charged by the broker for withdrawals, the main costs are likely to be spreads and any applicable commissions on ECN accounts.
| Deposit methods | credit/debit cards, bank wire transfers, and e-payments like Skrill and Neteller |
| Withdrawal time | 1 business day |
| Withdrawal fees | No fee from broker |
| Inactivity fee | None charged |
AvaSocial is a regulated broker with a solid foundation, offering a proprietary platform with a wide range of forex pairs and CFDs. Its ECN/Raw accounts and copy trading features make it appealing to both cost-focused and social traders. However, the lack of support for popular platforms like TradingView, the absence of micro accounts, and the restriction on real crypto/stocks may limit its appeal to certain traders. Overall, AvaSocial is a credible choice for those who value regulatory oversight and a diverse product range, but it may not suit traders with specific platform or instrument needs.