AvaTrade Code 128979: What It Really Does
I get asked about partner codes 128979 constantly. Usually the same question: can you get free trades or lower spreads?
No. AvaTrade has no commission on forex trades. You pay the spread. That's your trading cost. A partner code has no impact on spreads.
Code 128979 unlocks the deposit bonus. Extra funds in your account based on how much you put in. Nothing more complicated than that.
Bonus amounts?
Put in $1,000, receive $200 bonus.
Put in $2,000, get $400.
$5,000 to $9,999 adds $1,000.
Maximum bonus is $14,000 for deposits above $100,000. Most people won't hit that.
British traders get £160 bonus on £800 deposits. Scales up to £11,200 maximum.
Minimum to open an account is $100. But you need $1,000 to qualify for bonus.
The field is hidden
During registration. After you enter your phone number, look for small text that says "Have a Partner Code?" with an arrow next to it. Click it. A field drops down. Type **128979**.
Easy to miss since it's collapsed by default.
If the system rejects it, don't panic. Finish signing up. Contact support before funding. Ask them to add code 128979. They handle this regularly.
There's a catch with the bonus
There's a volume requirement.
About 10,000 units for every dollar of bonus. You'd need to trade 2,000,000 units to unlock a $200 bonus. Takes a while if you trade small. Active traders hit it quicker than expected.
Your deposit is yours. Take it out anytime. Only the bonus has the restriction.
Worth mentioning: while the bonus is locked, it still counts toward your margin. This lets you take bigger positions. That breathing room helps while you're learning.
AvaTrade in brief
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Segregated client accounts. Operating since 2006.
Platform options: MT4, MT5, AvaTradeGO, WebTrader. Pick what suits you. One account for all platforms.
EUR/USD from 0.9 pips. Zero commission.
Watch out for the inactivity fee. $50 quarterly after 3 months inactive.
Suits these traders
Newer traders who want decent regulation and multiple platform options. People who like features like AvaProtect, which lets you insure a trade against loss for a small premium.
Look elsewhere if
Scalpers. Spreads are decent but not the tightest. ECN brokers will beat them on cost if you're trading high volume.
Anyone who wants to own actual shares. AvaTrade is CFDs only.
US residents. Not available in the United States.
Read more
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**