People message me about partner codes all the time. Same question every time: do they give you free trades or discounted spreads?
No. AvaTrade has no commission on forex trades. You pay the spread. The spread is the fee. A partner code doesn't change that.
Partner code 128979 gets you access to the deposit bonus. Additional trading capital depending on your deposit. That's all it does.
How much do you get?
A $1,000 deposit gets you $200.
$2,000 adds $400.
$5,000-$9,999 earns you $1,000 bonus.
Maximum bonus is $14,000 for deposits above $100,000. Not many traders reach that level.
UK traders funding in avatrade partner code pounds start at £160 on £800. Top tier reaches £11,200.
You can open an account with $100. But you need $1,000 to qualify for bonus.
Where to enter the code
Registration page. After you enter your phone number, there's a small link saying "Have a Partner Code?". Click the arrow. A field drops down. Type **128979**.
People overlook it constantly because it's hidden.
If you see an error, it's fine. Complete your registration. Message your account manager before you deposit. Request partner code 128979 be added. Standard practice for them.
Bonus withdrawal conditions
There's a volume requirement.
Around 10,000 units per dollar of bonus. $200 bonus requires 2,000,000 units of trading volume. Can take time with smaller position sizes. Happens faster than you'd think if you're active.
Your deposit is yours. Take it out anytime. Bonus funds remain locked until volume is met.
One thing worth knowing: locked bonus funds still contribute to your margin. This lets you take bigger positions. That breathing room helps while you're learning.
AvaTrade overview
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. In business since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Pick what suits you. Your account syncs across platforms.
EUR/USD from 0.9 pips. Zero commission.
Be aware of the inactivity charge. $50 quarterly after 3 months inactive.
Ideal for
Those starting out who value regulation and flexibility. Traders interested in AvaProtect trade insurance.
Look elsewhere if
Scalp traders. The spreads are fine but not exceptional. ECN brokers will beat them on cost if you're trading high volume.
Traders wanting real stock ownership. No real share ownership here.
Traders based in the US. Not available in the United States.
Read more
I wrote a longer version covering everything in detail:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**