People message me about partner codes all the time. Same question every time: can you get free trades or lower spreads?
Short answer: no. AvaTrade doesn't charge commission on forex. You pay the spread. That's your trading cost. A partner code has no impact on spreads.
What 128979 does is unlock the welcome bonus. Bonus money added to your account based on deposit size. That's all it does.
How much bonus do you receive?
A $1,000 deposit gets you $200.
$2,000 gets you $400.
Deposits between $5,000 and $9,999 get more info 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
During registration. After you enter your phone number, look for small text that says "Have a Partner Code?" with an arrow next to it. Click the arrow. A field drops down. Type **128979**.
People overlook it constantly because it's hidden.
Sometimes it shows as invalid, don't worry. Finish signing up. Contact support before funding. Ask them to add code 128979. Standard practice for them.
There's a catch with the bonus
There's a volume requirement.
Roughly 10,000 units traded per $1 bonus. A $200 bonus means trading 2,000,000 units before that $200 unlocks. Slower if you're trading micro lots. Happens faster than you'd think if you're active.
Your own money stays yours. Access it whenever you need. Only the bonus has the restriction.
One thing worth knowing: while the bonus is locked, it still counts toward your margin. This lets you take bigger positions. That breathing room helps while you're learning.
AvaTrade in brief
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. Operating since 2006.
Platform options: MT4, MT5, AvaTradeGO, WebTrader. Pick what suits you. Same account works across all of them.
Spreads on EUR/USD begin at 0.9 pips. No commission on top.
Note the dormancy fee. $50 quarterly after 3 months inactive.
Suits these traders
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.
Not ideal for
Scalp traders. Spreads are decent but not the tightest. ECN options offer lower costs for big volume.
Those looking to buy actual equities. No real share ownership here.
Traders based in the US. They don't take US clients.
Full breakdown
Everything explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**