Someone asks me about partner codes every couple of weeks. Usually the same question: do they give you free trades or discounted spreads?
Nope. AvaTrade has no commission on forex trades. You pay the spread. The spread is the fee. A partner code won't affect it.
Code 128979 unlocks the deposit bonus. Bonus money added to your account based on deposit size. That's all it does.
What's the bonus amount?
Deposit $1,000 and get $200.
Deposit $2,000 for $400 bonus.
Deposits between $5,000 and $9,999 get $1,000.
Top tier is $14,000 on deposits over $100,000. Most people won't hit that.
UK traders funding in pounds start at £160 on £800. Goes to £11,200 at the top.
You can open an account with $100. Minimum for any bonus is $1,000.
The code field isn't obvious
During registration. Below the phone field, there's a small link saying "Have a Partner Code?". Click on that text. The field expands. Type **128979**.
Most people miss it because it doesn't look like a proper form field until you click.
If the system rejects it, don't panic. Finish signing up. Message your account manager before you deposit. Tell them you want 128979 applied. They do this manually all the time.
You can't withdraw the bonus straight away
A trading volume condition applies.
Roughly 10,000 units traded per $1 bonus. A $200 bonus means trading 2,000,000 units before that $200 unlocks. Can take time with smaller position sizes. Regular trading gets you there sooner than you'd expect.
Your own money stays yours. Withdraw it whenever you want. Bonus funds remain locked until volume is met.
Something useful to understand: the bonus adds to your available margin even when locked. You can hold larger positions than your deposit alone would allow. Newer traders benefit from that extra cushion.
About AvaTrade
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. Operating since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Use whichever you like. Same account works across all of them.
Spreads on EUR/USD begin at partner code avatrade 0.9 pips. Commission-free.
Note the dormancy fee. Three months without trading costs $50.
Ideal for
Newer traders who want decent regulation and multiple platform options. Traders interested in AvaProtect trade insurance.
Not ideal for
High-frequency traders. Spreads are decent but not the tightest. ECN brokers will beat them on cost if you're trading high volume.
Those looking to buy actual equities. It's CFD trading only.
American traders. 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/)**