I get asked about partner codes constantly. Usually the same question: do they give you free trades or discounted spreads?
No. AvaTrade doesn't charge commission on forex. You pay the spread. The spread is the fee. A partner code won't affect it.
Code 128979 unlocks the deposit bonus. Bonus money added to your account based on deposit size. Nothing more complicated than that.
What's the bonus amount?
Deposit $1,000 and get $200.
$2,000 adds $400.
$5,000 to $9,999 adds $1,000.
Top tier is $14,000 on deposits over $100,000. Not many traders reach that level.
UK traders funding in pounds start at £160 on £800. Top tier reaches £11,200.
Account minimum is $100. Minimum for any bonus is $1,000.
Where to enter the code
During registration. After you enter your phone number, there's a small link saying "Have a Partner Code?". Click on that text. A text box appears. Type **128979**.
Easy to miss since it's collapsed by website default.
If you see an error, it's fine. Go ahead and register anyway. Contact support before funding. Request partner code 128979 be added. Standard practice for them.
Bonus withdrawal conditions
There's a volume requirement.
Around 10,000 units per dollar of bonus. You'd need to trade 2,000,000 units to unlock a $200 bonus. Can take time with smaller position sizes. Regular trading gets you there sooner than you'd expect.
The deposit belongs to you. Access it whenever you need. The bonus stays locked until you hit the volume.
Something useful to understand: the bonus adds to your available margin even when locked. You can hold larger positions than your deposit alone would allow. Newer traders benefit from that extra cushion.
AvaTrade overview
Regulated by six bodies: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. Operating since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Pick what suits you. Your account syncs across platforms.
EUR/USD from 0.9 pips. No commission on top.
Be aware of the inactivity charge. $50 per quarter if you don't trade for three months.
Who this works for
Those starting out who value regulation and flexibility. Traders interested in AvaProtect trade insurance.
Who should look elsewhere
High-frequency traders. The spreads are fine but not exceptional. ECN options offer lower costs for big volume.
Traders wanting real stock ownership. No real share ownership here.
Traders based in the US. US clients aren't accepted.
Read more
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**