Every few weeks someone asks me about partner codes. Always the same thing: do you get discounted fees or free trading?
Short answer: no. AvaTrade charges zero commission on forex. 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. Additional trading capital depending on your deposit. Simple as that.
Bonus amounts?
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. Not many traders reach that level.
UK traders funding in pounds start at £160 on £800. Top tier reaches £11,200.
You can open an account with $100. But you need $1,000 to qualify for bonus.
Finding the partner code field
During registration. After you enter your phone number, there's a small link saying "Have a Partner Code?". Click the arrow. A text box appears. Type **128979**.
People overlook it constantly because it's hidden.
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.
Around 10,000 units per dollar of bonus. A $200 bonus means trading 2,000,000 units before that $200 unlocks. Takes a while if you trade small. Regular trading gets you there sooner than you'd expect.
Your deposit is yours. Take it out anytime. The bonus stays locked until you hit the volume.
Something useful to understand: locked bonus funds still contribute to your margin. You can hold larger positions than your deposit alone read more would allow. Newer traders benefit from that extra cushion.
About AvaTrade
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Segregated client accounts. Operating since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Use whichever you like. Your account syncs across platforms.
EUR/USD from 0.9 pips. No commission on top.
Note the dormancy fee. Three months without trading costs $50.
Who this works for
Newer traders who want decent regulation and multiple platform options. Anyone who wants the option to protect trades with AvaProtect.
Who should look elsewhere
High-frequency traders. Spreads are decent but not the tightest. Heavy volume traders get better rates at ECN brokers.
Traders wanting real stock ownership. No real share ownership here.
Traders based in the US. 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/)**