I get asked about partner codes constantly. Usually the same question: do they give you free trades or discounted spreads?
Short answer: no. AvaTrade charges zero commission on forex. You pay the spread. That's the cost. A partner code doesn't change that.
Code 128979 unlocks the deposit bonus. Bonus money added to your account based on deposit size. Simple as that.
How much bonus do you receive?
A $1,000 deposit gets you $200.
Deposit $2,000 for $400 bonus.
Deposits between $5,000 and $9,999 get $1,000.
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. Top tier reaches £11,200.
Account minimum is $100. Minimum for any bonus is $1,000.
The field is hidden
When you're signing up. Once you've filled in your phone number, you'll see small text reading "Have a Partner Code?". Click on that text. A text box appears. Type **128979**.
Most people miss it because it doesn't look like a proper form field until you click.
Sometimes it shows as invalid, don't worry. Go ahead and register anyway. Contact support before funding. Ask them to add code 128979. They do this manually all the time.
You can't withdraw the bonus straight away
A trading volume condition applies.
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.
The deposit belongs to you. Access it whenever you need. Only the bonus has the restriction.
One thing worth knowing: 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 in brief
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. Operating since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Pick what suits you. Your account syncs across platforms.
Spreads on EUR/USD begin at 0.9 pips. Commission-free.
Note the dormancy fee. $50 quarterly after click here 3 months inactive.
Ideal for
Those starting out who value regulation and flexibility. Anyone who wants the option to protect trades with AvaProtect.
Who should look elsewhere
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. It's CFD trading only.
US residents. Not available in the United States.
More details
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**