Greetings, Friends!
We are pleased to present another article of our Forex/CFD industry Employers Review series. We want to emphasize that this series of articles is not a form of advertisement or paid promotion. Our approach is to gather information from open sources and provide an honest assessment of the pros and cons of each employer. Our ultimate goal is to create an unbiased and comprehensive database of interesting employer reviews in the Forex/CFD industry.
We primarily focus on reliable sources such as LinkedIn and Glassdoor, which contain a wealth of independent information. In cases where the company operates on other social networks, we also explore those platforms to gather more data.
Let's take a look at our Rabbit in a Hat:
AvaTrade
Let's explore the realm of AvaTrade, a company with a notable history in the financial sector. Established in 2006, AvaTrade has become a leading global broker, providing innovative and user-friendly trading solutions to both retail and institutional clients.
Headquartered in Dublin, Ireland, AvaTrade operates several regional offices in major financial hubs, including Paris, Milan, Tokyo, Sydney, and Johannesburg, showcasing its extensive international presence. The company offers a wide range of financial instruments, including forex, stocks, commodities, cryptocurrencies, and indices through contracts-for-difference (CFDs).
AvaTrade is regulated by multiple authorities worldwide, such as the Central Bank of Ireland, the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Agency (FSA) of Japan. This ensures high standards of compliance and security for its clients.
Since its inception, AvaTrade has achieved significant milestones. In 2013, the company reached 200,000 registered customers globally and executed over 2 million trades per month. By 2016, AvaTrade expanded its offerings to include cryptocurrency trading, keeping pace with emerging market trends. The firm continues to grow, supported by a team of over 400 professionals dedicated to providing exceptional trading services.
AvaTrade's commitment to innovation and excellence has been recognized with numerous industry awards. These include accolades such as Best Forex Broker, Best Trading Platform, and Best Customer Support, highlighting AvaTrade’s dedication to delivering high-quality service and cutting-edge technology to its users.
The firm's growth is also reflected in its financial performance, with a robust increase in market valuation and an expanding customer base. This success underscores the company's strong financial health and its promising trajectory in the competitive trading landscape. AvaTrade's dedication to client protection is evident through features such as negative balance protection and guaranteed stop-loss orders, tailored to the regulatory requirements of different regions.
AvaTrade's global footprint includes major financial hubs and partnerships with industry leaders. This extensive network not only enhances its market presence but also provides a dynamic and culturally diverse working environment. AvaTrade's success is also attributed to its strong corporate culture, which emphasizes continuous learning and professional development. Employees at AvaTrade benefit from numerous opportunities for career advancement and are encouraged to innovate and contribute to the company's growth.
AvaTrade has also formed strategic partnerships that resonate with its core values of integrity, excellence, and innovation. One of the most notable partnerships is with the Aston Martin Aramco F1® Team. This collaboration highlights the shared pursuit of pushing the boundaries of speed, advanced technology, and accuracy. As a future employee, you will be part of a team that empowers over a million traders to reach the pinnacle of their trading performance, inspired by the elite drivers of the Aston Martin Aramco F1® Team.
Another exciting partnership is with the UAE Pro League. This alliance combines the passion of football with the power of trading, creating a unique synergy that provides numerous opportunities for fans and traders alike. The dynamic trading platform at AvaTrade reflects the excitement and competitiveness found in the game of football, fostering a culture of trust, customer satisfaction, and innovation.
In conclusion, AvaTrade stands out as a reputable employer with a strong foundation in the financial industry. Its innovative approach, commitment to excellence, and supportive work environment make it an attractive choice for professionals seeking to advance their careers in the dynamic world of trading and finance. The company's prestigious partnerships further enhance its appeal, offering employees the chance to be part of a brand associated with excellence and high performance.
But let's not stop there! We have uncovered the secret behind AvaTrade's magical allure on LinkedIn!
Website http://ava.trade/LI
Company size 201-500 employee (623 on LinkedIn)
Headquarters Dublin, Ireland
AvaTrade's LinkedIn page is an active and vibrant hub that effectively utilizes the platform to engage with both potential employees and clients. The company's posts reflect a strategic approach to maintaining an informative and interactive presence, providing valuable insights into market events, new products, educational opportunities, and company initiatives.
Potential employees exploring AvaTrade's LinkedIn page can gain several insights about the company:
- Market Updates and Events: AvaTrade frequently shares updates about significant market events and financial news, such as job numbers, earnings reports, and delivery numbers from major companies like Tesla and NIO. This demonstrates the company's commitment to keeping its audience informed about relevant market developments.
- Innovative Products: Posts about new product launches, such as the exciting Racing Index, highlight AvaTrade’s innovative spirit and dedication to offering unique trading opportunities. These posts underscore the company’s focus on excellence and performance, aligning with its partnership with the Aston Martin Aramco F1® Team.
- Educational Opportunities: AvaTrade places a strong emphasis on education and skill-building. Webinars and interactive sessions led by market experts like Dan Dahrug and Simon Friedman provide newcomers and seasoned traders alike with the knowledge they need to succeed. This commitment to continuous learning and development is a key aspect of AvaTrade’s culture.
- Engaging Content: The company posts engaging and interactive content, such as roundtable discussions and webinars, inviting followers to participate and share their insights. This interactive approach fosters a sense of community and collaboration among traders and potential employees.
- Company Culture and Values: The recurring themes in AvaTrade’s posts—innovation, excellence, and customer-centricity—reflect the company’s core values. Potential employees can glean that AvaTrade is a dynamic and forward-thinking workplace that values expertise, continuous improvement, and customer satisfaction.
Thanks to LinkedIn's premium analytics, we can observe AvaTrade's steady trend as an employer in retaining its employees. The average tenure at the company has surpassed 4 years, which is a positive indicator of employee satisfaction and stability.
Despite all the efforts to attract potential candidates and employees on LinkedIn, there are currently only two job openings listed. However, these vacancies are fresh and regularly updated.
While we did not find a dedicated job site for AvaTrade, we did come across regional job aggregator sites. This suggests that the company does not relocate new candidates and employees but rather seeks talent within the markets where it operates.
In summary, AvaTrade’s LinkedIn page serves as a powerful tool for showcasing its market expertise, innovative products, educational initiatives, and vibrant company culture. For potential employees, it provides a comprehensive view of what it’s like to be part of a company that values excellence, innovation, and continuous learning.
Let us now turn our gaze to the magical realm of Glassdoor!
Glassdoor
Number of reviews 121
Rating on the site 4,3/5,0
Examining AvaTrade through the lens of employee reviews on Glassdoor provides a detailed picture of the company as an employer. Overall, AvaTrade maintains a balanced reputation with numerous positive remarks and a few areas for improvement. Notably, the company's management responds to every review, reflecting a commitment to addressing feedback and fostering open communication.
Pros:
- Professional Recruitment Process: Employees highlight the high level of professionalism in the recruitment process, which makes candidates feel valued from the start.
- Warm Welcome: The team ensures new hires feel welcomed and comfortable throughout the entire onboarding process.
- Perfect Fit: The recruitment team is praised for matching candidates with roles that align well with their skills and career goals.
- Cohesive Team: Employees appreciate joining well-integrated and supportive teams, which enhances their work experience.
- Growth Opportunities: AvaTrade provides a nurturing environment where employees can grow and contribute meaningfully.
- Collaborative Environment: The company fosters a team spirit where colleagues support each other, share knowledge, and celebrate successes together.
- Development Opportunities and Competitive Perks: Employees benefit from professional development opportunities and competitive perks, contributing to a positive work environment.
Cons:
- Adaptation Period: Like any new job, there is an initial adjustment period to get fully acclimated to the new role and team dynamics.
- High Expectations: Joining a high-performing team can come with the pressure to quickly match their standards and performance levels.
- Client Communication: Some employees suggest that enhancing client communication resources and training could improve client satisfaction and employee confidence.
- Communication Channels: As the company grows, there is room for refining communication channels to improve information flow across departments.
- Work-Life Balance: Some reviews mention challenges with work-life balance and long working hours, as well as issues with outdated technology.
Advice to Management:
- Invest in Client Communication Resources: Providing employees with additional resources and training to effectively manage client expectations can lead to increased client satisfaction and employee confidence.
- Streamline Communication Channels: Continuously refine communication channels to enhance information flow across departments.
- Work-Life Balance and Technology Improvements: Address concerns about work-life balance and invest in upgrading technology to support employees better.
In summary, Glassdoor reviews for AvaTrade reflect a company that values professionalism, growth, and collaboration. While there are areas for improvement, particularly in communication and work-life balance, the company’s proactive approach to addressing feedback and fostering a supportive environment makes it an attractive employer for those looking to advance their careers in the financial industry.
Where to look for company vacancies?
As mentioned earlier, AvaTrade does not have a dedicated career page, so LinkedIn remains the primary platform for job listings, although there are very few vacancies posted there. For more opportunities, we recommend checking regional websites in the countries where the company operates.
Note: You can set alerts for new vacancies!
*We hope our mystical journey through AvaTrade's Rabbit in a Hat has provided you with insights into the magical realm of this esteemed employer. If you wish to enhance your own powers and seek the assistance of our team to strengthen your resume, introduce you to the employer, and prepare for the job interview, you can write to us by email at jk@finwizard.org. May your path be illuminated with success and enchantment as you navigate the ever-changing landscapes of the Forex/CFD industry.