Every few weeks someone asks me about partner codes. Always the same thing: do you get discounted fees or free trading?
Nope. AvaTrade doesn't charge commission on forex. You pay the spread. The spread is the fee. A partner code has no impact on spreads.
Code 128979 unlocks the deposit bonus. Additional trading capital depending on your deposit. Nothing more complicated than that.
What's the bonus amount?
Put in $1,000, receive $200 bonus.
$2,000 gets you $400.
Deposits between $5,000 and $9,999 get $1,000.
Top tier is $14,000 on deposits over $100,000. Not many traders reach that level.
British traders get £160 bonus on £800 deposits. Top tier reaches £11,200.
Minimum to open an account is $100. But you need $1,000 to qualify for bonus.
Finding the partner code field
During registration. Once you've filled in your phone number, there's a small link saying "Have a Partner Code?". Click on that text. A field drops down. Type **128979**.
People overlook it constantly because it's hidden.
If the system rejects it, don't panic. Finish signing up. Reach out to your account manager first. Tell them you want 128979 applied. They handle this regularly.
Bonus withdrawal conditions
A trading volume condition applies.
Around 10,000 units per dollar of bonus. $200 bonus requires AvaTrade Partner Code - 128979 2,000,000 units of trading volume. Can take time with smaller position sizes. Regular trading gets you there sooner than you'd expect.
Your deposit is yours. Take it out anytime. Only the bonus has the restriction.
One thing worth knowing: locked bonus funds still contribute to your margin. This lets you take bigger positions. That breathing room helps while you're learning.
AvaTrade overview
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Segregated client accounts. In business since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Pick what suits you. Your account syncs across platforms.
EUR/USD from 0.9 pips. Commission-free.
Note the dormancy fee. Three months without trading costs $50.
Suits these traders
Newer traders who want decent regulation and multiple platform options. Anyone who wants the option to protect trades with AvaProtect.
Skip this if
Scalp traders. The spreads are fine but not exceptional. ECN options offer lower costs for big volume.
Those looking to buy actual equities. No real share ownership here.
American traders. US clients aren't accepted.
More details
I wrote a longer version covering everything in detail:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**