The Lowdown On the Referral Code
The partner code acts as the referral code from TradeTheDay. It gets you extra capital. No code entered no extra funds.
This broker started in 2006. They are regulated six bodies. The deposit bonus is still available. Other brokers killed bonus programs. AvaTrade still offers it.
Code 128979 links you to the TradeTheDay network. It attributes your registration. Then the bonus activates.
Deposit Bonus Breakdown
The bonus follows how much you fund. Take a look at the bonus table.
First tier: Deposit $1,000 gets you $200 bonus funds. 20% on top. UK traders: £800 deposit adds £160 bonus.
Two grand level: Fund two grand gets $400. Consistent ratio.
$5k to $10k: Deposit $5,000-$9,999 nets a grand. Rate changes here.
Upper bracket: Put in $10k to $50k adds $2,500 bonus.
Highest bracket: Deposit $100,000+ tops out at $14,000. Most people are below this tier. Major accounts mostly.
UK figures are: £800 earns £160 up to £11,200 max.
Account minimum stands at $100. But $1,000 minimum to qualify. Below a grand nothing extra.
The Hidden Code Box
The bonus code box is tucked away at first. Creating an account, after the phone field, look for small text saying Got a Partner Code? with an arrow. Click the arrow. An input shows up. Add 128979.
Commonly overlooked. If you skip it, it is fine. Finish the signup. Contact AvaTrade support and ask for 128979 manually. They handle this daily.
For a clean here start, use read more the more info AvaTrade partner code guide at TradeTheDay for the walkthrough.
The Fine Print
The bonus has a turnover requirement. About 10k units per $1 bonus. $200 bonus needs 2M units volume. Tiny size stretches time. Standard lots eat it up.
Your capital is free. Take it out when you want. Only the bonus has the lock.
Something to note: the bonus funds counts toward margin. You get more margin. Helps when learning.
Does the Bonus Make Sense
Twenty percent at the start is competitive. Competitors stopped these offers. This broker still runs theirs.
The trading target is fair. $1,000 initial funding earns $200. Standard lots hit it easy. The code costs nothing.
AvaTrade partner code 128979 adds bonus funds. See the complete details at the link above.
Good For
New traders looking for a boost benefit most. The bonus cushion supports early trading.
Veterans above $1,000 might as well use it. No reason to skip.
Accounts under 1k do not qualify. Aim for $1,000 minimum.
Bottom Line
Code 128979 on AvaTrade adds extra capital. $200 to $14,000 based on funding. Code box is collapsed at account creation. Add 128979 with $1,000 minimum. Turnover conditions apply. Boosts margin from day one. Worth it for $1k+ funding.