Every few weeks someone asks me about partner codes. Always the same thing: do you get discounted fees or free trading?
Short answer: no. AvaTrade charges zero commission on forex. You pay the spread. That's the cost. A partner code has no impact on spreads.
The code 128979 activates the bonus program. Additional trading capital depending on your deposit. Nothing more complicated than that.
How much bonus do you receive?
A $1,000 deposit gets you $200.
$2,000 adds $400.
$5,000-$9,999 earns you $1,000 bonus.
Maximum bonus is $14,000 for deposits above $100,000. That's for serious capital.
UK traders funding in pounds start at £160 on £800. Goes to £11,200 at the top.
Minimum to open an account is $100. Minimum for any bonus is $1,000.
The code field isn't obvious
Registration page. After you enter your phone number, look for small text that says "Have a Partner Code?" with an arrow next to it. Click the arrow. A field drops down. Type **128979**.
People overlook it constantly because it's hidden.
If you see an error, it's fine. Go ahead and register anyway. Reach out to your account manager first. Ask them to add code 128979. Standard practice for them.
The bonus has conditions
You need to trade a certain volume.
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. Only the bonus has the restriction.
One thing worth knowing: the bonus adds to your available margin even when locked. Allows for slightly larger trades. Newer traders benefit from that extra cushion.
Quick facts about AvaTrade
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Segregated client accounts. In business since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Choose based on preference. Your account syncs across platforms.
EUR/USD spread starts at 0.9 pips. Commission-free.
Watch out for the inactivity fee. $50 quarterly after 3 months inactive.
Ideal for
Beginners wanting solid regulation and platform choice. Traders interested in AvaProtect trade insurance.
Not ideal for
Scalp traders. Good spreads but not ECN-level. Heavy volume traders get better rates at ECN brokers.
Those looking to buy actual equities. It's CFD trading only.
US residents. Not available in the United States.
Full breakdown
Everything avatrade partner code explained in depth:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**