Someone asks me about partner codes every couple of weeks. Usually the same question: can you get free trades or lower spreads?
No. AvaTrade charges zero commission on forex. You pay the spread. That's your trading cost. A partner code doesn't touch it.
The code 128979 activates the bonus program. Bonus money added to your account based on avatrade partner code deposit size. Nothing more complicated than that.
How much bonus do you receive?
Deposit $1,000 and get $200.
$2,000 gets you $400.
$5,000-$9,999 earns you $1,000 bonus.
Maximum bonus is $14,000 for deposits above $100,000. That's for serious capital.
UK traders funding in pounds start at £160 on £800. Scales up to £11,200 maximum.
Account minimum is $100. Minimum for any bonus is $1,000.
Finding the partner code field
When you're signing up. Below the phone field, you'll see small text reading "Have a Partner Code?". Click the arrow. A field drops down. Type **128979**.
People overlook it constantly because it's hidden.
Sometimes it shows as invalid, don't worry. Go ahead and register anyway. Contact support before funding. Tell them you want 128979 applied. Standard practice for them.
There's a catch with the bonus
A trading volume condition applies.
About 10,000 units for every dollar of bonus. A $200 bonus means trading 2,000,000 units before that $200 unlocks. Slower if you're trading micro lots. Regular trading gets you there sooner than you'd expect.
Your own money stays yours. Take it out anytime. The bonus stays locked until you hit the volume.
Worth mentioning: while the bonus is locked, it still counts toward your margin. You can hold larger positions than your deposit alone would allow. For someone still learning, that buffer can keep you in the game long enough to figure things out.
AvaTrade overview
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Your funds are kept separate. In business since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Choose based on preference. One account for all platforms.
Spreads on EUR/USD begin at 0.9 pips. Commission-free.
Be aware of the inactivity charge. $50 quarterly after 3 months inactive.
Good fit for
Newer traders who want decent regulation and multiple platform options. Anyone who wants the option to protect trades with AvaProtect.
Skip this if
High-frequency traders. Spreads are decent but not the tightest. ECN options offer lower costs for big volume.
Anyone who wants to own actual shares. AvaTrade is CFDs only.
Traders based in the US. They don't take US clients.
More details
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**