People message me about partner codes all the time. Usually the same question: do they give you free trades or discounted spreads?
No. AvaTrade charges zero commission on forex. You pay the spread. That's your trading cost. A partner code won't affect it.
The code 128979 activates the bonus program. 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.
$2,000 gets you $400.
Deposits between $5,000 and $9,999 get $1,000.
Top tier is $14,000 on deposits over $100,000. Not many traders reach that level.
UK traders funding in pounds start at £160 on £800. Scales up to £11,200 maximum.
Minimum to open an account is $100. But you need $1,000 to qualify for bonus.
The code field isn't obvious
During registration. After you enter your phone number, look for small text that says "Have a Partner Code?" with an arrow next to it. Click on that text. The field expands. Type **128979**.
People overlook it constantly because it's hidden.
If you see an error, it's fine. Go ahead and register anyway. Contact support before funding. Ask them to add code 128979. Standard practice for them.
There's a catch with the bonus
You need to trade a certain volume.
Roughly 10,000 units traded per $1 bonus. You'd need to trade 2,000,000 units to unlock a $200 bonus. Slower if you're trading micro lots. Active traders hit it quicker than expected.
Your own money stays yours. Take it out anytime. Only the bonus has the restriction.
One thing worth knowing: locked bonus funds still contribute to your margin. This lets you take bigger positions. Newer traders benefit from that extra cushion.
About AvaTrade
Six regulatory licenses: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Client funds sit in segregated accounts. In business since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Choose based on preference. Your account syncs across platforms.
Spreads on EUR/USD begin at 0.9 pips. Zero commission.
Watch out for the inactivity fee. $50 quarterly after 3 months inactive.
Suits these traders
Newer traders who want decent regulation and multiple platform options. Anyone who wants the option to protect trades with AvaProtect.
Not ideal for
High-frequency traders. Spreads are decent but not the tightest. ECN options offer lower costs for big volume.
Those looking to buy actual equities. It's CFD trading only.
American traders. US clients aren't accepted.
Full breakdown
I wrote a longer version covering 128979 everything in detail:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**