Every few weeks someone asks me about partner codes. Always the same thing: do they give you free trades or discounted spreads?
Short answer: no. AvaTrade doesn't charge commission on forex. You pay the spread. That's the cost. A partner code doesn't touch it.
The code 128979 activates the bonus program. Additional trading capital depending on your deposit. That's all it does.
Bonus amounts?
Deposit $1,000 and get $200.
$2,000 adds $400.
$5,000 to $9,999 adds $1,000.
Deposit $100,000+ and you can get up to $14,000. Not many traders reach that level.
UK accounts start at £160 for £800 deposited. Goes to £11,200 at the top.
Minimum to open an account is $100. Bonus requires $1,000 minimum.
The code field isn't obvious
When you're signing up. Once you've filled in your phone number, you'll see small text reading "Have a Partner Code?". Click it. 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. Go ahead and register anyway. Contact support before funding. Tell them you want 128979 applied. They handle this regularly.
There's a catch with the bonus
There's a volume requirement.
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.
The deposit belongs to you. Access it whenever you need. Only the bonus has the restriction.
Worth mentioning: while the bonus is locked, it still counts toward your margin. This lets you take bigger positions. For someone still learning, that buffer can keep you in the game long enough to figure things out.
About AvaTrade
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Your funds are kept separate. They've been around since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Pick what suits you. One account for all platforms.
EUR/USD spread starts at 0.9 pips. Zero commission.
Note the dormancy fee. $50 per quarter if click here you don't trade for three months.
Who this works for
Newer traders who want decent regulation and multiple platform options. Traders interested in AvaProtect trade insurance.
Look elsewhere if
Scalp traders. Good spreads but not ECN-level. ECN options offer lower costs for big volume.
Anyone who wants to own actual shares. It's CFD trading only.
American traders. Not available in the United States.
Complete guide
I wrote a longer version covering everything in detail:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**