Every few weeks someone asks me about partner codes. Usually the same question: do you get discounted fees or free trading?
Short answer: no. AvaTrade has no commission on forex trades. avatrade partner code You pay the spread. That's your trading cost. A partner code doesn't touch it.
What 128979 does is unlock the welcome bonus. Bonus money added to your account based on deposit size. Simple as that.
How much bonus do you receive?
$1,000 deposit adds $200.
Deposit $2,000 for $400 bonus.
$5,000-$9,999 earns you $1,000 bonus.
Top tier is $14,000 on deposits over $100,000. Most people won't hit that.
UK accounts start at £160 for £800 deposited. Top tier reaches £11,200.
Account minimum is $100. But you need $1,000 to qualify for bonus.
The code field isn't obvious
When you're signing up. After you enter your phone number, there's a small link saying "Have a Partner Code?". Click it. A text box appears. Type **128979**.
People overlook it constantly because it's hidden.
Sometimes it shows as invalid, don't worry. Finish signing up. Contact support before funding. Request partner code 128979 be added. They do this manually all the time.
The bonus has conditions
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. Takes a while if you trade small. Active traders hit it quicker than expected.
Your deposit is yours. Access it whenever you need. The bonus stays locked until you hit the volume.
One thing worth knowing: locked bonus funds still contribute to your margin. You can hold larger positions than your deposit alone would allow. That breathing room helps while you're learning.
AvaTrade overview
Regulated by six bodies: FCA, ASIC, CySEC, FSCA, FSA Japan, ADGM. Segregated client accounts. Operating since 2006.
Platforms include MT4, MT5, a mobile app called AvaTradeGO, and browser-based WebTrader. Use whichever you like. Same account works across all of them.
Spreads on EUR/USD begin at 0.9 pips. No commission on top.
Be aware of the inactivity charge. $50 per quarter if you don't trade for three months.
Good fit for
Beginners wanting solid regulation and platform choice. Traders interested in AvaProtect trade insurance.
Not ideal for
High-frequency traders. The spreads are fine but not exceptional. Heavy volume traders get better rates at ECN brokers.
Those looking to buy actual equities. AvaTrade is CFDs only.
US residents. 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/)**