I get asked about partner codes constantly. Always the same thing: can you get free trades or lower spreads?
Short answer: no. AvaTrade charges zero commission on forex. You pay the spread. The spread is the fee. A partner code won't affect it.
What 128979 does is unlock the welcome bonus. Bonus money added to your account based on deposit size. That's all it does.
Bonus amounts?
A $1,000 deposit gets you $200.
$2,000 adds $400.
Deposits between $5,000 and $9,999 get $1,000.
Maximum bonus is $14,000 for deposits above $100,000. Not many traders reach that level.
British traders get £160 bonus on £800 deposits. Goes to £11,200 at the top.
Minimum to open an account is $100. But you need $1,000 to qualify for bonus.
The field is hidden
During registration. After you enter your phone number, you'll see small text reading "Have a Partner Code?". Click the arrow. 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. Complete your registration. Contact support before funding. Tell them you want 128979 applied. They handle this regularly.
There's a catch with the bonus
A trading volume condition applies.
About 10,000 units for every dollar of bonus. You'd need to trade 2,000,000 units to unlock a $200 bonus. Slower if you're trading micro lots. read more Active traders hit it quicker than expected.
Your deposit is yours. Withdraw it whenever you want. Bonus funds remain locked until volume is met.
Worth mentioning: locked bonus funds still contribute to 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.
Quick facts about AvaTrade
Licensed by six regulators: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Your funds are kept separate. Operating since 2006.
You get MT4, MT5, AvaTradeGO mobile app, and WebTrader. Pick what suits you. Same account works across all of them.
EUR/USD from 0.9 pips. Commission-free.
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.
Skip this if
Scalp traders. Spreads are decent but not the tightest. Heavy volume traders get better rates at ECN brokers.
Those looking to buy actual equities. No real share ownership here.
Traders based in the US. They don't take US clients.
Read more
I wrote a longer version covering everything in detail:
**[AvaTrade Partner Code 128979](https://www.linkedin.com/pulse/avatrade-partner-code-128979-tradetheday-ornac/)**