Every few weeks someone asks me about partner codes. Same question every time: do you get discounted fees or free trading?
No. AvaTrade charges zero commission on forex. You pay the spread. The spread is the fee. A partner code won't affect it.
Partner code 128979 gets you access to the deposit bonus. Bonus money added to your account based on deposit size. That's all it does.
Bonus amounts?
$1,000 deposit adds $200.
Put in $2,000, get $400.
$5,000-$9,999 earns you $1,000 bonus.
Deposit $100,000+ and you can get up to $14,000. 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. But you need $1,000 to qualify for bonus.
The field is hidden
When you're signing up. Below the phone field, you'll see small text reading "Have a Partner Code?". Click the arrow. A field drops down. Type **128979**.
Easy to miss since it's collapsed by default.
If the system rejects it, don't panic. Go ahead and register anyway. Reach out to your account manager first. Ask them to add code 128979. They handle this regularly.
The bonus has conditions
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. Slower if you're trading micro lots. Active traders hit it quicker than expected.
The deposit belongs to you. Withdraw it whenever you want. Only the bonus click here has the restriction.
One thing worth knowing: locked bonus funds still contribute to your margin. Allows for slightly larger trades. For someone still learning, that buffer can keep you in the game long enough to figure things out.
Quick facts about AvaTrade
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Segregated client accounts. They've been around since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Pick what suits you. Your account syncs across platforms.
EUR/USD spread starts at 0.9 pips. Commission-free.
Be aware of the inactivity charge. $50 per quarter if you don't trade for three months.
Suits these traders
Those starting out who value regulation and flexibility. People who like features like AvaProtect, which lets you insure a trade against loss for a small premium.
Skip this if
Scalpers. 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. US clients aren't accepted.
Read more
Full guide with all the details here:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**