Every few weeks someone asks me about partner codes. Same question every time: do you get discounted fees or free trading?
Short answer: no. AvaTrade has no commission on forex trades. You pay the spread. That's the cost. 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 bonus do you receive?
Deposit $1,000 and get $200.
$2,000 adds $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.
British traders get £160 bonus on £800 deposits. Goes to £11,200 at the top.
Account minimum is $100. Bonus requires $1,000 minimum.
Finding the partner code field
When you're signing up. After you enter your phone number, there's a small link saying "Have a Partner Code?". Click it. A text box appears. Type **128979**.
Most people miss it because it doesn't look like a proper form field until you click.
If you see an error, it's fine. Finish signing up. Reach out to your account manager first. Tell them you want 128979 applied. They handle this regularly.
You can't withdraw the bonus straight away
You need partner code avatrade to trade a certain volume.
Around 10,000 units per dollar of bonus. A $200 bonus means trading 2,000,000 units before that $200 unlocks. Can take time with smaller position sizes. Active traders hit it quicker than expected.
Your deposit is yours. Withdraw it whenever you want. The bonus stays locked until you hit the volume.
One thing worth knowing: while the bonus is locked, it still counts toward your margin. This lets you take bigger positions. Newer traders benefit from that extra cushion.
AvaTrade overview
Regulated by six bodies: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Your funds are kept separate. They've been around since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Pick what suits you. One account for all platforms.
EUR/USD from 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
Those starting out who value regulation and flexibility. Anyone who wants the option to protect trades with AvaProtect.
Who should look elsewhere
Scalpers. Good spreads but not ECN-level. ECN brokers will beat them on cost if you're trading high volume.
Traders wanting real stock ownership. AvaTrade is CFDs only.
US residents. US clients aren't accepted.
More details
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**