Search

For more information about Avalon Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Field Survey Danger

License

FCA Revoked

Avalon Company

  

Avalon Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Avalon Company, a global financial brokerage, was established in 2012. It has been designed to cater to a diverse clientele by offering trading services across various financial instruments, including forex, stocks, and cryptocurrencies.

  

Parent Company/Ownership Structure

  Avalon operates under the brand of Direct Response Angels Marketing, which is registered in St. Kitts and Nevis. This ownership structure allows Avalon to leverage a flexible operational model while adhering to international trading standards.

  

Headquarters Location

  The company's headquarters is located at Hunkins Waterfront Plaza, Suite 556, Main Street, Charlestown, Nevis. This strategic location provides Avalon access to various international markets.

  

Global Business Scope

  Avalon serves clients globally, offering trading services to a wide range of markets. The company aims to provide a comprehensive trading experience by facilitating access to numerous financial instruments and markets.

  

Main Regulatory Bodies

  Despite its global presence, Avalon currently operates without a specific regulatory license, which raises concerns about its compliance and operational standards in different jurisdictions. The company is listed as unregulated on various platforms, which impacts its trustworthiness among potential clients.

  Back to Top

  

2. Company History and Development

  

Key Milestones

  • 2012: Avalon was founded, marking its entry into the financial brokerage industry.
  • 2019: The company gained recognition as one of the fastest-growing firms in London, according to the Extel survey.

  

Business Expansion Journey

  Avalon has steadily expanded its offerings over the years. Initially focusing on forex trading, it has diversified its portfolio to include stocks, CFDs, and cryptocurrencies. This expansion reflects Avalons commitment to meeting the evolving needs of its clients.

  

Customer Base Growth

  The company has experienced significant growth in its customer base, attributed to its user-friendly trading platform and the variety of financial instruments offered. Avalon claims to serve thousands of clients globally, although specific figures are not disclosed.

  

Platform Development History

  Avalon has continuously improved its trading platform to enhance user experience. The platform supports various devices, including desktop and mobile, ensuring accessibility for traders on the go. The introduction of features like real-time asset tracking and advanced trading tools has further solidified its position in the market.

  

Important Awards or Recognitions Received

  Avalon has been recognized for its exceptional trading services and customer support. Notably, it was ranked #1 in special situations research in the 2019 Extel survey, showcasing its commitment to excellence in service delivery.

  Back to Top

  

3. Trading Services Offered

  

Forex Trading Options

  Avalon provides access to a diverse range of forex trading options, offering over 50 currency pairs. This includes major, minor, and exotic pairs, allowing traders to capitalize on various market movements.

  

Stock Trading Options

  The company allows trading in numerous stocks across different sectors. Clients can invest in well-known companies listed on major exchanges, enhancing their investment portfolio.

  

CFD Trading Products

  Avalon offers Contract for Difference (CFD) trading on various assets, allowing clients to speculate on price movements without owning the underlying asset. This includes CFDs on stocks, indices, and commodities.

  

Other Financial Instruments

  Avalon also facilitates trading in cryptocurrencies and commodities. Clients can trade popular cryptocurrencies like Bitcoin and Ethereum, as well as commodities such as gold and oil, providing a well-rounded trading experience.

  

Special Services or Unique Advantages

  One of Avalon's standout features is its fast withdrawal processing system, which claims to handle requests in just 0.5 seconds. This efficiency in transactions is a significant advantage for traders seeking quick access to their funds.

  Back to Top

  

  

Detailed Regulatory Information

  Avalon operates without a specific regulatory license, which has resulted in a low trust score on platforms like WikiFX. The absence of regulatory oversight raises concerns regarding the safety and security of client funds.

  

  The company is primarily registered in St. Kitts and Nevis, with its operational structure allowing it to engage with clients globally. However, its unregulated status limits its ability to operate in certain jurisdictions.

  

Client Fund Protection Measures

  Due to the lack of regulatory oversight, Avalon does not have formal client fund protection measures in place, which is a significant risk factor for potential clients.

  

Countries/Regions Served

  Avalon serves clients from various countries, although specific regions are not explicitly mentioned. Its online platform allows for global accessibility, but potential clients should be cautious due to its unregulated status.

  

Compliance History

  Avalon has not disclosed any compliance history or issues, which is concerning given its unregulated status. Traders are advised to conduct thorough research before engaging with the platform.

  Back to Top

  

5. Competitive Landscape

  

3-5 Main Competitors

  • eToro: Known for its social trading features and robust asset offerings.
  • IG Group: A well-established broker with a wide range of trading instruments and regulatory oversight.
  • Plus500: Offers a user-friendly platform with a strong focus on CFD trading.
  •   

    Positioning in the Industry

      Avalon positions itself as a flexible and accessible trading platform, catering to both novice and experienced traders. However, its lack of regulation may hinder its competitive edge compared to more established brokers.

      

    Market Differentiation Factors

      Avalon differentiates itself through its fast withdrawal processing times and a wide range of trading options. However, the absence of regulatory backing and client fund protection measures may deter potential clients.

      Back to Top

      

    Conclusion

      Avalon Company has made strides in the financial brokerage industry since its inception in 2012. While it offers a comprehensive range of trading services, the lack of regulatory oversight poses significant risks for potential clients. As Avalon continues to evolve, it is crucial for traders to weigh the benefits against the inherent risks associated with trading with an unregulated broker.

      For those interested in learning more about Avalon and its offerings, click here.

      Back to Top