People message me about partner codes all the time. Same question every time: do they give you free trades or discounted spreads?
Nope. AvaTrade doesn't charge commission on forex. You pay the spread. That's your trading cost. A partner code doesn't touch it.
Partner code 128979 gets you access to the deposit bonus. Additional trading capital depending on your deposit. Nothing more complicated than that.
How much bonus do you receive?
Put in $1,000, receive $200 bonus.
$2,000 gets you $400.
$5,000 to $9,999 adds $1,000.
Top tier is $14,000 on deposits over $100,000. That's for serious capital.
UK accounts start at £160 for £800 deposited. Top tier reaches £11,200.
You can open an account with $100. Bonus requires $1,000 minimum.
The code field isn't obvious
During registration. Below the phone field, you'll see small text reading "Have a Partner Code?". Click on that text. The field expands. Type **128979**.
Easy to miss since it's collapsed by default.
Sometimes it shows as invalid, don't worry. Go ahead and register anyway. Reach out to your account manager get more info first. Request partner code 128979 be added. They do this manually all the time.
The bonus has conditions
A trading volume condition applies.
About 10,000 units for every dollar of bonus. $200 bonus requires 2,000,000 units of trading volume. Takes a while if you trade small. Regular trading gets you there sooner than you'd expect.
Your own money stays yours. Take it out anytime. Bonus funds remain locked until volume is met.
Worth mentioning: 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 overview
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. They've been around since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Use whichever you like. Same account works across all of them.
Spreads on EUR/USD begin at 0.9 pips. No commission on top.
Note the dormancy fee. $50 quarterly after 3 months inactive.
Who this works for
Newer traders who want decent regulation and multiple platform options. Traders interested in AvaProtect trade insurance.
Skip this if
Scalp traders. Good spreads but not ECN-level. ECN brokers will beat them on cost if you're trading high volume.
Traders wanting real stock ownership. No real share ownership here.
American traders. Not available in the United States.
Full breakdown
I wrote a longer version covering everything in detail:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**