I get asked about partner codes constantly. Always the same thing: do they give you free trades or discounted spreads?
Short answer: no. AvaTrade doesn't charge commission on forex. You pay the spread. That's the cost. A partner code has no impact on spreads.
Code 128979 unlocks 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.
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.
UK accounts start at £160 for £800 deposited. Goes to £11,200 at the top.
Minimum to open an account is $100. Bonus requires $1,000 minimum.
Finding the partner code field
During registration. After you enter your phone number, you'll see small text reading "Have a Partner Code?". Click it. A text box appears. Type **128979**.
People overlook it constantly because it's hidden.
Sometimes it shows as invalid, don't worry. Go ahead and register anyway. Contact support before funding. Request partner code 128979 be added. They do this manually all the time.
You can't withdraw the bonus straight away
A trading volume condition applies.
About 10,000 units for every dollar of bonus. A $200 bonus means trading 2,000,000 units before that $200 unlocks. Takes a while if you trade small. Active traders hit it quicker than expected.
The deposit belongs to you. Access it whenever you need. The bonus stays locked until you hit the volume.
Worth mentioning: locked bonus funds still contribute to your margin. You can hold larger positions than your deposit alone would allow. That breathing room helps while you're learning.
AvaTrade in brief
Regulated by six bodies: FCA, ASIC, CySEC, FSCA, FSA partner code avatrade Japan, ADGM. Your funds are kept separate. In business since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Choose based on preference. One account for all platforms.
EUR/USD spread starts at 0.9 pips. Commission-free.
Note the dormancy fee. $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.
Skip this if
Scalp traders. The spreads are fine but not exceptional. ECN brokers will beat them on cost if you're trading high volume.
Traders wanting real stock ownership. It's CFD trading only.
US residents. Not available in the United States.
More details
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**