AvaTrade Partner Code 128979: What You Actually Get
People message me about partner codes all the time. Same question 128979 every time: do they give you free trades or discounted spreads?
No. AvaTrade doesn't charge commission on forex. You pay the spread. That's the cost. A partner code doesn't change that.
What 128979 does is unlock the welcome bonus. Additional trading capital depending on your deposit. Simple as that.
How much bonus do you receive?
$1,000 deposit adds $200.
Put in $2,000, get $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. Scales up to £11,200 maximum.
Minimum to open an account is $100. Bonus requires $1,000 minimum.
Where to enter the code
When you're signing up. Below the phone field, look for small text that says "Have a Partner Code?" with an arrow next to it. Click the arrow. A text box appears. Type **128979**.
Easy to miss since it's collapsed by default.
If the system rejects it, don't panic. Go ahead and register anyway. Reach out to your account manager first. Ask them to add code 128979. They do this manually all the time.
The bonus has conditions
There's a volume requirement.
Roughly 10,000 units traded per $1 bonus. $200 bonus requires 2,000,000 units of trading volume. Slower if you're trading micro lots. Active traders hit it quicker than expected.
The deposit belongs to you. Withdraw it whenever you want. Bonus funds remain locked until volume is met.
One thing worth knowing: 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.
Quick facts about AvaTrade
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. In business 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. Zero commission.
Note the dormancy fee. $50 per quarter if you don't trade for three months.
Suits these traders
Those starting out who value regulation and flexibility. Anyone who wants the option to protect trades with AvaProtect.
Look elsewhere if
Scalpers. Good spreads but not ECN-level. ECN options offer lower costs for big volume.
Those looking to buy actual equities. No real share ownership here.
US residents. They don't take US clients.
Read more
I wrote a longer version covering everything in detail:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**