I get asked about partner codes constantly. Usually the same question: do they give you free trades or discounted spreads?
No. AvaTrade charges zero commission on forex. You pay the spread. That's your trading cost. A partner code has no impact on spreads.
Partner code 128979 gets you access to the deposit bonus. Extra funds in your account based on how much you put in. Simple as that.
How much do you get?
Put in $1,000, receive $200 bonus.
$2,000 gets you $400.
$5,000-$9,999 earns you $1,000 bonus.
Maximum bonus is $14,000 for deposits above $100,000. Most people won't hit that.
UK accounts start at £160 for £800 deposited. Scales up to £11,200 maximum.
Account minimum is $100. But you need $1,000 to qualify for bonus.
Where to enter the code
When you're signing up. Below the phone field, you'll see small text reading "Have a Partner Code?". Click on that text. A text box appears. Type **128979**.
People overlook it constantly because it's hidden.
If you see an error, it's fine. Finish signing up. Contact support before funding. Tell them you want 128979 applied. They handle this regularly.
You can't withdraw the bonus straight away
You need to trade a certain volume.
Around 10,000 units per dollar of bonus. $200 bonus requires 2,000,000 units of trading volume. Slower if you're trading micro lots. Regular trading gets you there sooner than you'd expect.
Your deposit is yours. Access it whenever you need. Bonus funds remain locked until volume is met.
One thing worth knowing: locked bonus funds still contribute to your margin. Allows for slightly larger trades. That breathing room helps while you're learning.
Quick facts about AvaTrade
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Your funds are kept separate. In business since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Pick what suits you. One account for all platforms.
Spreads on EUR/USD begin at 0.9 pips. Commission-free.
Be aware of the inactivity charge. $50 per quarter if you don't trade for three months.
Who this works for
Newer traders who want decent regulation and multiple platform options. Anyone who wants the option to protect trades with AvaProtect.
Look elsewhere if
Scalp traders. The spreads are fine but not exceptional. ECN options offer lower costs for big volume.
Those looking to buy actual equities. AvaTrade is CFDs only.
American traders. US clients aren't accepted.
Complete guide
I wrote a longer version covering everything in detail:
**[AvaTrade Partner Code here 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**