1.Login to STIC Cashback
If you are a STICPAY customer, simply log in with your STICPAY account.
2.Open a trading account
If you do not have an account with AvaTrade, please sign up and open a trading account via our dedicated link below.
* Final registration may take 2 to 3 business days, depending on the Broker's processing time for account approval/IB creation.
Go to AvaTrade3.Register Trading Account
Once you've opened a new trading account, you'll need to register your trading account details to receive cashback.
Register Trading Account4.Check trading account registration status
Check if your trading account is approved in the ‘My Cashback’ menu.
5.Done!
Start using your trading account and get Cashback.
If you already have a trading account with AvaTrade or your trading account is already linked to another IB, you can request to change the IB to STIC by submitting an Change IB request.
Information
STIC Cashback Condition
( Per lot )
| Type | Regular | Pro |
|---|---|---|
| Amount (EURUSD) | 20% | 20% |
Requirement
( Based on 1 lot or 1 contract )
| Products |
|---|
| Regular |
| Pro |
| Forex | Metals | Indices | Energies | Stocks | Crypto |
|---|---|---|---|---|---|
| 20% | 20% | 20% | 20% | 20% | 20% |
| 20% | 20% | 20% | 20% | 20% | 20% |
Broker Information
| Settlement Period | Weekly |
|---|---|
| Regulators | Cyprus - CYSEC Australia - ASIC |
| Account type | Regular, Pro |
| Platform | MT4, MT5, ctrader |
| Payment Method | - |
| Supported Currencies | EUR, GBP, JPY, USD |
| Leverage | 400 |
| Minimum Lot Size | 0.001 |
| Minimum Deposit Amount | 100 |
| Hedge Allowed | |
| Scalping Allowed | |
| Swap Free Account |
Reviews
AvaTrade Review & Bonuses by STIC Cashback
AvaTrade Pros and Cons
Maximise AvaTrade Broker Earnings with Cashback Bonuses
Does AvaTrade have welcome bonus offers? Does AvaTrade have no deposit bonus offers? The answer to both questions is yes, so let’s find out more.
AvaTrade No Deposit Bonus
The main AvaTrade bonus with no deposit requirement is our cashback offer. Our link gives you access to 20% cashback when you join AvaTrade. Cashback is based on a per lot/contract basis, and we’ll show you how to calculate your potential returns in the next section of this AvaTrade review.
What’s important to understand is that AvaTrade cashback is credited irrespective of a trade’s profit or loss. This means you’re able to earn money from online trading, regardless of whether the market moves in your favour or not.
AvaTrade No Deposit Bonus Terms and Conditions
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Available to new customers only.
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You must use the AvaTrade sign-up link via our promotions page.
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20% AvaTrade cashback bonus per lot traded.
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Available for forex, metal, energy, stocks, indices, and forex trades.
AvaTrade Welcome Bonus
In addition to cashback at AvaTrade, new customers can claim a 20% deposit bonus. The terms and conditions are that AvaTrade bonus credits are only credited once you’ve verified your identity. Additionally, bonus credits can’t be withdrawn until you’ve traded 20,000 units of base currency (e.g. $20,000).
$250 refer a friend bonus
You can send family members and friends to AvaTrade using a special link and get up to $250 in cash. The person you refer must be a new customer and verify their identity. Beyond that, they’ll need to deposit at least $500 and open at least 10 trades. If they do that, you’ll receive a bonus.
Cashback Bonuses Compared: Avatrade vs. Competitors
AvaTrade Broker Background and History
AvaTrade is an online trading platform that offers contracts for difference (CFD). It was created by Negev Nosatzki and Emanuel Kronitz. Since launching in 2006, AvaTrade has attracted more than 400,000 customers in 150 countries. Today, as well as holding nine licences and having 500+ employees, AvaTrade offers CFDs for forex, stocks, and other instruments.
AvaTrade Broker Regulation and Safety
This online brokerage is licensed and regulated in nine countries. Of these licences, four are Tier 1 and three are Tier 2 (the highest categories in terms of safety and security).
AvaTrade is regulated by South Africa’s Financial Sector Conduct Authority (FSCA). In addition to being licensed in South Africa and other countries, AvaTrade has the following safety features:
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Negative balance protection
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An investor compensation scheme
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Customer funds are kept in segregated bank accounts
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AvaProtect™ risk management tools
AvaTrade Broker Account Registration, Verification and Login
You can complete the AvaTrade sign-up process, but you’ll need to prove your identity before you start trading. What’s more, you’ll only be able to claim AvaTrade bonus offers, including AvaTrade cashback, if you’ve completed the following steps:
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Use our link to visit AvaTrade.
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Tap “Register Now” to open the AvaTrade login account creation page.
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Enter your name, email, and phone number.
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Accept the terms and tap “Create Account.”
Those four steps get you an AvaTrade login. Once you’ve got this, log into AvaTrade and complete the registration process by providing your personal details and answering questions about your trading experience.
Finally, upload images of your ID (e.g. a passport) and proof of address (e.g. a utility bill). I went through this process during my AvaTrade review and it took approximately 60 seconds.
The AvaTrade Login Process
Accessing your account and placing a trade is easy once you’ve created an account at AvaTrade :
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Open the AvaTrade homepage.
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Tap “Login” to unlock your AvaTrade account.
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Go to the cashier page and choose one of the available AvaTrade deposit methods.
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Make a deposit (the AvaTrade minimum deposit ZAR amount is 1,793 ZAR).
Account Options at AvaTrade Broker
There are a variety of AvaTrade account types, including a demo account for beginners who want to learn the basics of trading. Your AvaTrade demo login is the same as your real-money account login and vice versa. Those who want to create an AvaTrade real account (aka real-money account) have the following options:
AvaTrade Account Options
| Feature | Retail Account | Professional Account | Islamic Account |
|---|---|---|---|
| Currency | USD, AUD, EUR and GBP | USD, AUD, EUR and GBP | USD, AUD, EUR and GBP |
| Leverage | 1:1000 | 1:1000 | |
| Commission | Zero | Zero | Zero |
| Minimum Lot Size | 0.01 (fractional share size 0.001 Lot on MT5) | 0.01 (fractional share size 0.001 Lot on MT5) | 0.01 (fractional share size 0.001 Lot on MT5) |
| Forex Spreads | From 0.9 pips | From 0.6 pips | From 0.9 pips |
| Instruments | Forex, shares, energy, metals, commodities, indices, spread betting | Forex, shares, energy, metals, commodities, indices, spread betting | Forex, shares, energy, metals, commodities, indices, spread betting |
AvaTrade Broker Trading Platforms
You’ll have access to the following trading platforms at AvaTrade:
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AvaTrade MetaTrader 4 (downloadable software for desktop or mobile)
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AvaTrade MetaTrader 5 (downloadable software for desktop or mobile)
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AvaTrade WebTrader (instant access trading platform)
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AvaTrade App (mobile AvaTrade MT4 download option for iOS and Android devices)
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AvaOptions (instant access options trading platform)
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DupliTrade (instant access AvaTrade copy trading platform that allows you to follow other traders and mirror their trades)
All of the trading platforms at AvaTrade give you access to a variety of features, including:
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Learning centre
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Demo account with unlimited trading options
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Economic calendar and indicators
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Trading calculator
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Analytics and news feeds
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Automated trading via AvaSocial
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AvaTrade Academy
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Charting tools
AvaTrade Broker Trading Instruments
The tradable assets available during my AvaTrade review were:
| Instrument | AvaTrade Demo Trading | AvaTrade Leverage | AvaTrade Spread |
|---|---|---|---|
| Spread Betting | Yes | Starts at 5:1 AvaTrade Maximum Leverage: 10:1 | Starts at 0.13% |
| Forex | Yes | Starts at 20:1 AvaTrade Maximum Leverage: 30:1 | Starts 0.9 (0.6 with pro account) |
| Indices | Yes | Starts at 10:1 AvaTrade Maximum Leverage: 20:1 | Starts at 0.04 over market value |
| Commodities | Yes | Starts at 10:1 AvaTrade Maximum Leverage: 20:1 | Starts at $0.00015 over market value |
| Stocks | Yes | Fixed at 5:1 | Starts at 0.13% |
| ETFs | Yes | Fixed at 5:1 | 0.13% and 0.15% |
| Bonds | Yes | Fixed at 5:1 | 0.03 and 0.06 over market value |
AvaTrade Broker Trading Conditions
In addition to the AvaTrade leverage and spread conditions I’ve listed above, it’s worth noting that this broker facilitates instant execution for trades. This reduces slippage and helps you get the best prices possible.
AvaTrade Fees and Costs
The table below pulls together the fees and costs associated with trading forex and other instruments at AvaTrade.
| Minimum Deposit | $100 |
|---|---|
| Minimum Trade Size | 0.01 (fractional share size 0.001 Lot on MT5) |
| Commission | Zero |
| FX Spreads | From 0.9 pips (0.6 pips for Professional Account) |
| Withdrawal Fees | None |
| Inactivity Fee | $50 after 3 months + an additional $100 for 12 straight months of inactivity |
AvaTrade Broker Deposit and Withdrawal Methods
The AvaTrade minimum deposit is $100, which is higher than some brokers but not excessive. There aren’t any payment processing fees, but you can only make deposits and withdrawals in USD, AUD, EUR and GBP. This means withdrawals may be subject to currency conversion fees when switching from an account balance to ZAR.
| Payment Method | AvaTrade Minimum Deposit | Minimum Withdrawal | Withdrawal Time |
|---|---|---|---|
| Bank Card | $100 | $1 | 3 Business Days |
| Skrill | $100 | $1 | 3 Business Days |
| Neteller | $100 | $1 | 3 Business Days |
| SticPay | $100 | $1 | 3 Business Days |
| WebMoney | $100 | $1 | 3 Business Days |
AvaTrade Customer Support
The customer support team at AvaTrade is available 24/7, but keep in mind that this broker has over 400,000 customers, which can affect response times. The positive, however, is that AvaTrade has local contact centres, which means you can call support agents locally. I tried this during my AvaTrade review and got help within 5 minutes.
In addition to calling the AvaTrade customer support team, you can get help in the following ways:
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FAQ
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Live chat
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Email: contact form
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WhatsApp: +447520644093
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Phone: +(27) 319 800 174
AvaTrade FAQs
What is AvaTrade?
AvaTrade is an online trading platform that connects retail and professional traders to financial markets around the world. This means you can trade a variety of instruments, including forex, commodities, and metals, using contracts for difference (CFDs).
How does AvaTrade work?
AvaTrade allows you to trade contracts for difference (CFDs), which means you’re speculating on the price movements of financial instruments. This means that you don’t own the underlying asset, which, in turn, allows you to speculate on positive or negative price movements.
How do you delete an AvaTrade account?
You can delete your AvaTrade account by logging in and withdrawing any remaining funds. After that, email client services (or your account manager) stating that you want your AvaTrade account to be permanently closed.
What is the minimum deposit for AvaTrade?
The minimum deposit for AvaTrade is $100. You can create an AvaTrade demo account and practice if you’re a beginner. However, if you want to make real money trades and claim AvaTrade bonus offers, you need to verify your account and deposit at least $100.