Every few weeks someone asks me about partner codes. Usually the same question: can you get free trades or lower spreads?
Nope. AvaTrade doesn't charge commission on forex. You pay the spread. That's your trading cost. A partner code won't affect it.
What 128979 does is unlock the welcome bonus. Bonus money added to your account based on deposit size. Simple as that.
Bonus amounts?
Put in $1,000, receive $200 bonus.
$2,000 adds $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.
Minimum to open an account is $100. Minimum for any bonus is $1,000.
The field is hidden
During registration. Below the phone here field, there's a small link saying "Have a Partner Code?". Click it. The field expands. Type **128979**.
Most people miss it because it doesn't look like a proper form field until you click.
Sometimes it shows as invalid, don't worry. Finish signing up. Message your account manager before you deposit. Ask them to add code 128979. Standard practice for them.
Bonus withdrawal conditions
You need to trade a certain volume.
Roughly 10,000 units traded per $1 bonus. $200 bonus requires 2,000,000 units of trading volume. Slower if you're trading micro lots. Active traders hit it quicker than expected.
Your deposit is yours. Access it whenever you need. The bonus stays locked until you hit the volume.
Something useful to understand: locked bonus funds still contribute to your margin. This lets you take bigger positions. Newer traders benefit from that extra cushion.
Quick facts about AvaTrade
Regulated by six bodies: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Segregated client accounts. Operating since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Use whichever you like. Same account works across all of them.
EUR/USD from 0.9 pips. No commission on top.
Watch out for the inactivity 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.
Who should look elsewhere
Scalpers. The spreads are fine but not exceptional. Heavy volume traders get better rates at ECN brokers.
Traders wanting real stock ownership. It's CFD trading only.
US residents. US clients aren't accepted.
Complete guide
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**