AvaTrade Code 128979: What It Really Does
I get asked about partner codes constantly. Always the same thing: 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 won't affect it.
What 128979 does is unlock the welcome bonus. Extra funds in your account based on how much you put in. Simple as that.
What's the bonus amount?
Deposit $1,000 and get $200.
$2,000 adds $400.
$5,000 to $9,999 adds $1,000.
Maximum bonus is $14,000 for deposits above $100,000. Most people won't hit that.
UK traders funding in pounds start at £160 on £800. Top tier reaches £11,200.
Minimum to open an account is $100. Minimum for any bonus is $1,000.
The field is hidden
Registration page. After you enter your phone number, you'll see small text reading "Have a Partner Code?". Click it. 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. Message your account manager before you deposit. Ask them to add code 128979. They do this manually all the time.
There's a catch with the bonus
You need to trade a certain volume.
Around 10,000 units per dollar of bonus. $200 bonus requires 2,000,000 units of trading here volume. Can take time with smaller position sizes. Active traders hit it quicker than expected.
Your deposit is yours. Take it out anytime. Only the bonus has the restriction.
One thing worth knowing: the bonus adds to your available margin even when locked. Allows for slightly larger trades. Newer traders benefit from that extra cushion.
About AvaTrade
Regulated by six bodies: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. They've been around since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Choose based on preference. One account for all platforms.
EUR/USD from 0.9 pips. No commission on top.
Watch out for the inactivity fee. $50 quarterly after 3 months inactive.
Ideal for
Those starting out who value regulation and flexibility. People who like features like AvaProtect, which lets you insure a trade against loss for a small premium.
Not ideal for
Scalpers. The spreads are fine but not exceptional. Heavy volume traders get better rates at ECN brokers.
Anyone who wants to own actual shares. It's CFD trading only.
US residents. Not available in the United States.
Complete guide
I wrote a longer version covering everything in detail:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**