Someone asks me about partner codes every couple of weeks. Same question every time: do you get discounted fees or free trading?
Nope. AvaTrade charges zero commission on forex. You pay the spread. That's your trading cost. A partner code has no impact on spreads.
The code 128979 activates the bonus program. Bonus money added to your account based on deposit size. Nothing more complicated than that.
What's the bonus amount?
$1,000 deposit adds $200.
$2,000 adds $400.
$5,000-$9,999 earns you $1,000 bonus.
Maximum bonus is $14,000 for deposits above $100,000. Most people won't hit that.
UK traders funding in pounds start at £160 on £800. Top tier reaches £11,200.
You can open an account with $100. But you need $1,000 to qualify for bonus.
The field is hidden
When you're signing up. After you enter your phone number, there's a small link saying "Have a Partner Code?". Click on that text. A field drops down. Type **128979**.
Easy to miss since it's collapsed by default.
If you see an error, it's fine. Complete your registration. Reach out to your account manager first. Tell them you want 128979 applied. They do this manually all the time.
The bonus has conditions
A trading volume condition applies.
Roughly 10,000 units traded per $1 bonus. You'd need to trade 2,000,000 units to unlock a $200 bonus. Can take time with smaller position sizes. Happens faster than you'd think if you're active.
Your own money stays yours. Withdraw it whenever you want. Only the bonus has the restriction.
One thing worth knowing: while the bonus is locked, it still counts toward more info 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.
AvaTrade overview
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. In business since 2006.
Platform options: MT4, MT5, AvaTradeGO, WebTrader. Use whichever you like. Your account syncs across platforms.
EUR/USD from 0.9 pips. No commission on top.
Note the dormancy fee. Three months without trading costs $50.
Suits these traders
Beginners wanting solid regulation and platform choice. Anyone who wants the option to protect trades with AvaProtect.
Who should look elsewhere
Scalpers. Good spreads but not ECN-level. ECN options offer lower costs for big volume.
Traders wanting real stock ownership. It's CFD trading only.
US residents. US clients aren't accepted.
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/)**