People message me about partner codes all the time. Always the same thing: do you get discounted fees or free trading?
Short answer: no. AvaTrade doesn't charge commission on forex. You pay the spread. That's the cost. A partner code doesn't touch it.
Partner code 128979 gets you access to the deposit bonus. Additional trading capital depending on your deposit. Simple as that.
Bonus amounts?
A $1,000 deposit gets you $200.
Put in $2,000, get $400.
$5,000 to $9,999 adds $1,000.
Maximum bonus is $14,000 for deposits above $100,000. That's for serious capital.
British traders get £160 bonus on £800 deposits. Goes to £11,200 at the top.
Account minimum is $100. Minimum for any bonus is $1,000.
Finding the partner code field
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 on that text. The field expands. Type **128979**.
Easy to miss since it's collapsed by default.
If you see an error, it's fine. Go ahead and register anyway. Message your account manager before you deposit. Request partner code 128979 be added. They do this manually all the time.
You can't withdraw the bonus straight away
There's a volume requirement.
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.
The deposit belongs to you. 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. Allows for slightly larger trades. Newer traders benefit from that extra cushion.
Quick facts about AvaTrade
Regulated by six bodies: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Your funds are kept separate. They've been around since 2006.
Platform options: MT4, MT5, AvaTradeGO, WebTrader. Pick what suits you. Your account syncs across platforms.
EUR/USD from 0.9 pips. No commission on top.
Watch out for the inactivity fee. $50 per quarter if you don't trade for three months.
Good fit for
Beginners wanting solid regulation and platform choice. Traders interested in AvaProtect trade insurance.
Who more info should look elsewhere
Scalp traders. Good spreads but not ECN-level. ECN options offer lower costs for big volume.
Anyone who wants to own actual shares. AvaTrade is CFDs only.
Traders based in the US. 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/)**