I get asked about partner codes constantly. Always the same thing: can you get free trades or lower spreads?
Nope. AvaTrade has no commission on forex trades. You pay the spread. That's the cost. A partner code has no impact on spreads.
Partner code 128979 gets you access to the deposit bonus. Extra funds in your account based on how much you put in. That's all it get more info does.
How much do you get?
$1,000 deposit adds $200.
$2,000 gets you $400.
Deposits between $5,000 and $9,999 get $1,000.
Deposit $100,000+ and you can get up to $14,000. That's for serious capital.
UK traders funding in pounds start at £160 on £800. Goes to £11,200 at the top.
You can open an account with $100. Bonus requires $1,000 minimum.
The code field isn't obvious
During registration. Below the phone field, there's a small link saying "Have a Partner Code?". Click on that text. A field drops down. Type **128979**.
Easy to miss since it's collapsed by default.
Sometimes it shows as invalid, don't worry. Complete your registration. Contact support before funding. Ask them to add code 128979. They do this manually all the time.
The bonus has conditions
There's a volume requirement.
About 10,000 units for every dollar of bonus. You'd need to trade 2,000,000 units to unlock a $200 bonus. Takes a while if you trade small. Active traders hit it quicker than expected.
The deposit belongs to you. Withdraw it whenever you want. Only the bonus has the restriction.
One thing worth knowing: locked bonus funds still contribute to your margin. You can hold larger positions than your deposit alone would allow. Newer traders benefit from that extra cushion.
AvaTrade overview
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Your funds are kept separate. Operating since 2006.
Platform options: MT4, MT5, AvaTradeGO, WebTrader. Pick what suits you. Same account works across all of them.
EUR/USD spread starts at 0.9 pips. No commission on top.
Be aware of the inactivity charge. $50 quarterly after 3 months inactive.
Good fit for
Beginners wanting solid regulation and platform choice. People who like features like AvaProtect, which lets you insure a trade against loss for a small premium.
Not ideal for
Scalp traders. Good spreads but not ECN-level. ECN brokers will beat them on cost if you're trading high volume.
Anyone who wants to own actual shares. AvaTrade is CFDs 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/)**