AvaTrade Deposit

All the information you need about deposits with AvaTrade
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Education

Getting started on AvaTrade begins with depositing funds into your account. How much is the minimum deposit? How do I make a deposit? Can I make a deposit with a wire transfer? These questions and more are all answered in this section.

Open an account with AvaTrade now so you can make your first deposit to start trading!

How to Make an AvaTrade Deposit?

Making a deposit to your AvaTrade account takes only a few steps. Simply follow this process:

  1. Login to your Avatrade account.
  2. Go to the "Deposit" section.
  3. Select and click "Fund your Account".
  4. Choose your preferred payment method.
  5. On the drop-down menu beside the "amount" box, select the specific account you want to deposit.
  6. Enter the amount that you will deposit.
  7. Input the payment details into the fields such as Credit card number, Expiration date and so on (if you select credit card).
  8. Finally, click on "Deposit".
AvaTrade deposit page
AvaTrade deposit page

What Are the Payment Methods for Making a Deposit?

AvaTrade offers several ways for user to deposit funds to their accounts. These are through the following:

And remember:

The average transfer time for these preferred payment methods varies. Wire transfers can take 7 to 10 business days, while credit and debit cards usually take an instant or just a couple of hours. In comparison, deposits via e-payment systems and e-Wallets can take up transfer times to a maximum of 24 hours.

AvaTrade deposit via e-wallet
AvaTrade deposit via e-wallet

How Much Is the Minimum Avatrade Deposit?

AvaTrade's minimum deposit depends on your account's base currency. For those with US Dollar account, the minimum is $100.

And for other currencies:

Also take note:

It has no deposit fee. However, to take advantage of all the products offered by AvaTrade, a base currency balance of at least 1000-2000 is recommended as a starting balance.

AvaTrade deposit via credit card
AvaTrade deposit via credit card

What Does It Mean by the "First Deposit Bonus Terms and Conditions?"

If and when AvaTrade's first deposit bonus is applied, the following terms and conditions apply:

The bonus will be granted only to the eligible customers during the selected promotion days (as published on AvaTrade's website).


How to Cancel an AvaTrade Deposit?

To cancel a deposit you just made, you need to send a request to the Customer Service at AvaTrade's Contact Us page: www.avatrade.com/about-avatrade/contact-us

Remember:

If you don’t not use the funds to trade, your deposit will be cancelled after 1 business day.


Can a US Citizen Make an AvaTrade Deposit?

Since AvaTrade is currently not regulated in the United States, customers from the USA are not allowed to make a deposit.

In addition...

AvaTrade also does not accept any funds originating from the United States.


Requirements Needed for Credit Card Deposit

When making a deposit using a credit card, users are required to submit these documents:

  1. Proof of Identity: This includes any government-issued Identification card such as passport and driver's licenses and any other ID card containing the user's full name, photograph, date of birth.
  2. Proof of Address: This includes bill statements from your credit card company, electric provider and other utilities provider such as internet, water, cable TV, council tax bill and so on.

This could happen:

AvaTrade will sometime request for a credit card copy. And when this happens, you may block out the middle 8 numbers of your card in the front and the CVV numbers in the back.


Can I Make a Deposit Using a Credit / Debit Card, E-wallets or Bank Account Belonging to Someone Else?

Yes. AvaTrade accepts deposits made from any 3rd party fund sources. However, for you to do this, they will require more documents in order to verify that you have permission to use an account belonging to another person.


What to Do If the Credit Card Used to Make a Deposit Has Expired?

You will need to contact the AvaTrade customer support team with a brief explanation of how your credit card has expired since you last deposited. In this case, they will assist you in updating the information in their system.

Here's the deal:

As long as you have a new valid credit card to use and you have all the details, this usually won't cause you any issues or setbacks.


What Does It Mean When You Received an Error after Making a Deposit?

In the event that you have attempted to make a deposit and received an error message afterward stating, "There appears to be a problem processing your transaction, please verify your details and try again", this usually specifies that the system declined your credit card.

Try making your deposit again but first make sure the card details you entered are correct. Your credit card company or bank can provide additional information about your credit card.

Now that you have all the information you need about making a deposit with AvaTrade, it's time to start trading with this broker!