Someone asks me about partner codes every couple of weeks. Usually the same question: do they give you free trades or discounted spreads?
Short answer: no. AvaTrade charges zero commission on forex. You pay the spread. That's the cost. A partner code won't affect it.
The code 128979 activates the bonus program. Extra funds in your account based on how much you put in. Nothing more complicated than that.
How much do you get?
A $1,000 deposit gets you $200.
Deposit $2,000 for $400 bonus.
$5,000-$9,999 earns you $1,000 bonus.
Deposit $100,000+ and you can get up to partner code avatrade $14,000. Most people won't hit that.
British traders get £160 bonus on £800 deposits. Goes to £11,200 at the top.
You can open an account with $100. But you need $1,000 to qualify for bonus.
The code field isn't obvious
When you're signing up. Once you've filled in your phone number, you'll see small text reading "Have a Partner Code?". Click on that text. A field drops down. Type **128979**.
Most people miss it because it doesn't look like a proper form field until you click.
If the system rejects it, don't panic. Complete your registration. Reach out to your account manager first. Request partner code 128979 be added. They handle this regularly.
Bonus withdrawal conditions
A trading volume condition applies.
Roughly 10,000 units traded per $1 bonus. You'd need to trade 2,000,000 units to unlock a $200 bonus. Takes a while if you trade small. Active traders hit it quicker than expected.
The deposit belongs to you. Take it out anytime. Bonus funds remain locked until volume is met.
Something useful to understand: while the bonus is locked, it still counts toward 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
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Segregated client accounts. They've been around since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Choose based on preference. Your account syncs across platforms.
Spreads on EUR/USD begin at 0.9 pips. Commission-free.
Note the dormancy fee. $50 per quarter if you don't trade for three months.
Suits these traders
Newer traders who want decent regulation and multiple platform options. Traders interested in AvaProtect trade insurance.
Skip this if
Scalp traders. Spreads are decent but not the tightest. ECN brokers will beat them on cost if you're trading high volume.
Anyone who wants to own actual shares. It's CFD trading only.
Traders based in the US. US clients aren't accepted.
Read more
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**