AvaTrade Sign Up Bonus
AvaTrade offers Nigerian traders a sign-up bonus of $100 when traders first register a retail account. Traders are not limited to a sign-up bonus on AvaTrade. AvaTrade is a trustworthy broker that has a Trust Score of 95% out of 100.
- Louis Schoeman
Jump to:
Sign Up Bonus
Referral Bonus
Additional broker bonuses
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.9/5
Min Deposit
USD 100 / 41450 NGN
Regulators
ASIC, FSA
Trading Desk
MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
| 🏛️ Headquartered | Mauritius |
| 🏛️ Nigerian Based Office | Yes |
| 👍 Accepts Nigerian Traders? | Yes |
| 📅 Year Founded | 1998 |
| 📱 Nigerian Office Contact Number | +234 811 111 1850 |
| ⚖️ Regulation | Financial Services Commission Mauritius (FSC) |
| 🔎License Number | C113012295 |
| ⚖️ CBN Regulation | No |
| ✴️ Regional Restrictions | The United States, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Brazil, Puerto Rico, The Occupied Area of Cyprus |
| ☪️ Islamic Account | Yes |
| 📈 Demo Account | Yes |
| 📈 Retail Investor Accounts | 4 |
| 🚀 Offers a Nigerian Account? | Yes, NGN-based account |
| 💻 Dedicated Nigerian Account Manager? | No |
| 📈 Maximum Leverage | 1:1000 |
| 📈 Leverage Restrictions for Nigeria? | No |
| 💳 Minimum Deposit (₦) | 1,000 Nigerian Naira |
| 💳 Nigerian Naira Deposits Allowed? | Yes |
| 💰 Active Nigerian Trader Stats | 1.3 million |
| Active Nigerian-based Alpari customers | 150,000+ |
| 💰 Nigeria Daily Forex Turnover | $1.25 million+ |
| 💳 Deposit and Withdrawal Options | Bank Transfers, Credit Cards, Debit Cards, Electronic Payment Systems, Bitcoin, Bank Wire Transfer |
| 💰 Segregated Accounts with Nigerian Banks? | Yes |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 💰 Tradable Assets | Forex Majors, Forex Minors, Forex Exotics, Forex RUB, Spot Metals, Spot Commodities, Stock Trading, Spot Indices |
| 🌐 Offers USD/NGN currency pair? | No |
| 🌐 USD/NGN Average Spread | N/A |
| 📈 Offers Nigerian Stocks and CFDs | Yes |
| 👨💼 Languages supported on Website | English, Chinese (Simplified), Chinese (Traditional), Persian, Indonesian, Spanish, Filipino, Portuguese, Malaysian |
| 👥 Customer Support Languages | Multilingual |
| 👥 Customer Service Hours | 24/5 |
| 👥 Nigerian-based customer support? | Yes |
| 💰 Bonuses and Promotions for Nigerians | Yes |
| ✴️Education for Nigerian beginners | Yes |
| 📊 Proprietary trading software | No |
| 💰 Most Successful Nigerian Trader | Uche Paragon ($20 million net worth) |
| ✔️Is Alpari a safe broker for Nigerians? | Yes |
| ✔️Rating for Alpari Nigeria | 9/10 |
| ✔️Trust score for Alpari Nigeria | 95% |
AvaTrade Sign Up Bonus – 7 key points quick overview:
AvaTrade Sign-up Bonus
Sign-up Bonus
AvaTrade does not offer a sign-up bonus when Nigerian traders register a real account.
However, when Nigerians register a retail account for the first time, they can get a welcome bonus proportional to their initial deposit amount. The minimum deposit to qualify for this promotion is 83,400 NGN or the equivalent of $100 or any other base currency supported.
This will provide traders with a bonus to the value of 16,600 NGN ($40) while any deposit up to a maximum of 4,170,400 NGN ($10,000) will return a deposit bonus of 834,080 NGN (to the equivalent of $2,000).
Traders are not limited to their deposits and AvaTrade offers a helpful calculator, allowing traders to determine their bonus amount proportional to their deposit.
AvaTrade Referral Bonus
AvaTrade offers Nigerian traders a referral bonus, allowing them to earn between 20,800 NGN and 104,260 NGN ($50 and $250, respectively). The deposit amount that traders can qualify for will depend on their referral’s initial deposit as follows, expressed in US Dollar values:
➡️ $500 to $2,000 – $50 referral bonus
➡️ $2,001 to $5,000 – $100
➡️ $5,001 to $10,000 – $150
➡️ $10,001 to $20,000 – $200
➡️ $20,001 and more – $250
A referral bonus is one of the most effective methods for brokers to acquire traders through word of mouth, since traders may share a unique referral code with friends and family. All traders need to do is create a legitimate AvaTrade account and share their unique referral link with relatives and friends.
Once the referrals open a real account with the broker, not a demo account, and make the required minimum deposit, they may be required to trade a particular volume to qualify for the bonus. After meeting these qualifications, both the trader and their recommendation become eligible for the referral incentive.
AvaTrade Additional broker bonuses, promotions, and rewards
👉 AvaTrade currently does not offer a trading bonus or a broker bonus to its existing clients, loyal customers, or active traders.
AvaTrade Pros and Cons
| ✔️ Pros | ❌ Cons |
| AvaTrade is a trusted broker with a high level of trustworthiness | AvaTrade does not offer variable spreads |
| AvaTrade provides an attractive welcome bonus | There is a limited choice between retail accounts |
| There is a referral bonus offered when traders invite family and friends to register a real account | AvaTrade does not provide the benefit of a no-deposit bonus |
Overall Rating
- 4.9/5
Min Deposit
USD 100 / 41450 NGN
Regulators
ASIC, FSA
Trading Desk
MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Frequently Asked Questions
Can I withdraw my AvaTrade bonus?
You can only withdraw the AvaTrade bonus once you have fulfilled the required trading volume within six months of making a deposit.
How does a Avatrade bonus benefit my trading?
A AvaTrade bonus may offer you extra trading credit that you can use instead of risking your real cash.
Does AvaTrade accept traders from Nigeria?
Yes, Nigerian traders can sign-up for a live trading account with AvaTrade.
Does AvaTrade offer a sign-up bonus?
No, AvaTrade does not offer a sign-up bonus but offers a welcome bonus instead.
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