Fixed and Floating Spreads Offered by AVATrade
AVATrade is one of the leading online forex trading companies, which was previously known as AVAFx. It is a reliable and experienced broker with an excellent reputation and has its headquarters in Dublin. This trading company manages more than $60 billion of trading volume every single month. AVATrade is globally known and is continuously spreading. It has its offices all over the world including major cities like Paris, Sydney, Tokyo, and Milan. It offers excellent customer support to its clients by providing them with a 24-hour multilingual help desk.
The customers of this brokerage company can choose from two different accounts depending on the spread offered. AVATrade allows users to open either a fixed spread account or a floating spread account. The fixed spread is offered on all trading platforms of AVATrade, whereas a floating spread is provided only on MetaTrader 4. However, both spread account types offer to trade in micro lots and are free of commission. They don't charge any fee because they make adjustments through the spreads.
The floating spreads start from a minimum of 0.9 pips and a maximum of 3.1 pips. However, fixed spreads are based on the pair of currency. For instance, spreads for EUR/USD are three pips, whereas spreads for EUR/CAD are nine pips. The least fixed spread is three pips, but if it sounds a bit expensive for some clients, it is better to open a floating spread account and trade with MT4.
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