The partner code 206997 is entered during AvaTrade account registration and is associated with a 20% discount on trading fees. Because AvaTrade prices mostly through spreads rather than separate per-trade commissions, that discount applies to trading costs that are largely embedded in the spread rather than appearing as a separate line item on a contract note.
The same string is described in different places as a partner code, a promo code or a referral code. There is one code, 206997, and it goes in one field.
On the registration form there is a collapsed partner/promo/referral code field, sitting directly below or beside the phone number field on the personal details screen. Because it is collapsed, it is easy to scroll past. Expand it and type 206997 with no spaces.
The practical answer to "can I add it later" is no, not reliably. The code must be entered during registration, and no code field appears on the deposit page or inside the trading platform once the account is funded. Whether an account manager can attach a partner code after registration is not settled in the available information, so treat entering it at sign-up as the only dependable route. Opening a second account to try again is a poor workaround: duplicate accounts tend to get closed.
Two checks are available. First, the linked partner code is usually displayed in the account profile or account summary once the account exists. Second, you can contact an account manager through the platform's contact panel to confirm the code is registered against your account. Doing this before you place significant volume is more useful than doing it afterwards.
The application runs in a set order, on either the AvaTrade site or the AvaTradeGO app:
Enter email, password and your country of residence, chosen accurately.
Add personal and contact details: name, date of birth, address, phone number.
Expand the partner code field below the phone number and enter 206997.
Answer the mandatory suitability and trading-experience questions.
Upload identity and proof-of-address documents.
Fund the account once verification clears.
For proof of residency, a utility bill, bank statement or insurance policy is accepted. Verification typically completes within one business day. The minimum deposit for live accounts is $100 or currency equivalent, though minimums and funding methods — card, bank transfer and e-wallets — vary by region and currency, so check your own account dashboard.
This is the question with the least universal answer. Promotion availability depends on which AvaTrade entity onboards you, and that is decided by your country of residence. AvaTrade is regulated by the Central Bank of Ireland, the FCA in the UK, ASIC in Australia, the FSA in Japan and the FSCA in South Africa, and some regulators restrict or prohibit trading incentives for retail clients altogether. Leverage caps, negative balance protection and promotion eligibility all vary by entity.
Region-specific withdrawal and eligibility conditions sit in the promotions terms, which is where you should look rather than relying on a general description. Selecting your country of residence accurately at step two matters for this reason: it determines the entity, and the entity determines whether the discount applies.
A fee discount narrows trading costs; it does not remove every charge. Overnight swap fees can apply to positions held past the session close, and inactivity fees can apply to dormant accounts. The exact inactivity fee amount and the dormancy period that triggers it are not stated in the material available, so confirm both on the AvaTrade site.
Accounts of note: there is an Islamic swap-free option, AvaOptions for vanilla options and the AvaProtect risk tool. Platforms include AvaTradeGO, MetaTrader 4, MetaTrader 5 and the browser-based WebTrader. Sources disagree on whether AvaTrade offers fixed spreads only or a mix of fixed and variable depending on the market, so check the instrument you plan to trade rather than assuming.
A percentage discount on trading fees compounds with turnover, so frequent intraday traders stand to gain more than someone holding a handful of positions for months. Beginners are also catered for: AvaTrade is generally considered beginner-friendly for its simple pricing, the AvaTradeGO interface and its educational material, and a demo account is available before going live. AvaTrade was founded in 2006 and is headquartered in Dublin, Ireland.
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