Every few weeks someone asks me about partner codes. Always the same thing: can you get free trades or lower spreads?
Short answer: no. AvaTrade has no commission on forex trades. 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. Bonus money added to your account based on deposit size. That's all it does.
How much bonus do you receive?
$1,000 deposit adds $200.
$2,000 gets you $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.
UK accounts start at £160 for £800 deposited. Top tier reaches £11,200.
You can open an account with $100. Minimum for any bonus is $1,000.
The code field isn't obvious
When you're signing up. Once you've filled in your phone number, there's a small link saying "Have a Partner Code?". Click the arrow. A text box appears. Type **128979**.
Most people miss it because it doesn't look like a proper form field until you click.
If you see an error, it's fine. Go ahead and register anyway. Contact support before funding. Request partner code 128979 be added. They do this manually all the time.
The bonus has conditions
A trading volume condition applies.
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. Happens faster than you'd think if you're active.
Your deposit is yours. Withdraw it whenever you want. Bonus funds remain locked until volume is met.
Something useful to understand: while the bonus is locked, it still counts toward your margin. This lets you take bigger positions. For someone still learning, that buffer can keep you in the game long enough to figure things out.
AvaTrade in brief
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. In business since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Use whichever you like. Your account syncs across platforms.
EUR/USD more info spread starts at 0.9 pips. No commission on top.
Watch out for the inactivity fee. Three months without trading costs $50.
Ideal for
Newer traders who want decent regulation and multiple platform options. Anyone who wants the option to protect trades with AvaProtect.
Not ideal for
High-frequency traders. The spreads are fine but not exceptional. ECN brokers will beat them on cost if you're trading high volume.
Those looking to buy actual equities. It's CFD trading only.
American traders. Not available in the United States.
Complete guide
Full guide with all the details here:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**