Every few weeks someone asks me about partner codes. Always the same thing: can you get free trades or lower spreads?
Short answer: no. AvaTrade doesn't charge commission on forex. You pay the spread. That's your trading cost. A partner code has no impact on spreads.
The code 128979 activates the bonus program. Additional trading capital depending on your deposit. Nothing more complicated than that.
How much do you get?
A $1,000 deposit gets you $200.
$2,000 gets you $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 accounts start at £160 for £800 deposited. Goes to £11,200 at the top.
Account minimum is $100. But you need $1,000 to qualify for bonus.
Finding the partner code field
When you're signing up. Below the phone field, more info there's a small link saying "Have a Partner Code?". Click it. A field drops down. Type **128979**.
Most people miss it because it doesn't look like a proper form field until you click.
Sometimes it shows as invalid, don't worry. Finish signing up. 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. Takes a while if you trade small. Regular trading gets you there sooner than you'd expect.
Your own money stays yours. Take it out anytime. The bonus stays locked until you hit the volume.
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
Regulated by six bodies: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Your funds are kept separate. In business since 2006.
Platform options: MT4, MT5, AvaTradeGO, WebTrader. Choose based on preference. One account for all platforms.
Spreads on EUR/USD begin at 0.9 pips. Commission-free.
Watch out for the inactivity fee. $50 quarterly after 3 months inactive.
Suits these traders
Beginners wanting solid regulation and platform choice. Traders interested in AvaProtect trade insurance.
Look elsewhere if
High-frequency traders. The spreads are fine but not exceptional. Heavy volume traders get better rates at ECN brokers.
Anyone who wants to own actual shares. No real share ownership here.
US residents. Not available in the United States.
Complete guide
Full guide with all the details here:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**