Every few weeks someone asks me about partner codes. Same question every time: do they give you free trades or discounted spreads?
No. AvaTrade charges zero commission on forex. You pay the spread. That's your trading cost. A partner code won't affect it.
The code 128979 activates the bonus program. Additional trading capital depending on your deposit. Simple as that.
Bonus amounts?
A $1,000 deposit gets you $200.
$2,000 gets you $400.
Deposits between $5,000 and $9,999 get $1,000.
Top tier is $14,000 on deposits over $100,000. Not many traders reach that level.
British traders get £160 bonus on £800 deposits. Goes to £11,200 at the top.
Account minimum is $100. Bonus requires $1,000 minimum.
Finding the partner code field
Registration page. Once you've filled in your phone number, there's a small link saying "Have a Partner Code?". Click it. The field expands. Type **128979**.
Easy to miss since it's collapsed by default.
If the system rejects it, don't panic. Finish signing up. Message your account manager before you deposit. Tell them you want 128979 applied. They do this manually all the time.
You can't withdraw the bonus straight away
You need to trade a certain volume.
Around 10,000 units per 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 deposit is yours. Take it out anytime. Bonus funds remain locked until volume is met.
Something useful to understand: locked bonus funds still contribute to your margin. This lets you take bigger positions. For someone still learning, that buffer can keep you in the game long enough to figure things out.
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. One account for all platforms.
Spreads on EUR/USD begin click here at 0.9 pips. Zero commission.
Note the dormancy fee. Three months without trading costs $50.
Who this works for
Newer traders who want decent regulation and multiple platform options. People who like features like AvaProtect, which lets you insure a trade against loss for a small premium.
Look elsewhere if
Scalpers. Spreads are decent but not the tightest. ECN options offer lower costs for big volume.
Those looking to buy actual equities. AvaTrade is CFDs only.
Traders based in the US. They don't take US clients.
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/)**