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AVA Trade Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.en-avatr..., the company's legitimate regulatory information AustraliaASICMarket Maker (MM), South AfricaFSCARetail Forex License to enhance the security of the company's address

AVA Trade Forex Broker

Basic Information

Registered Region
The Virgin Islands
Operating Period
--
Company Name
AVA Trade EU Ltd
Abbreviation
AVA Trade
Company employee
--
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: AVA Trade's official website: https://www.en-avatrade.com/ is currently inaccessible normally.AVA Trade Information Founded in 2008, AVA Trade Company Limited is an unregulated brokerage company registered in The Virgin Islands. The company offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for trading.Is AVA Trade Legit? Financial Sector Conduct Authority (FSCA) Current StatusUnauthorized Regulated byAustralia and South Africa License TypeMarket Making(MM) and Retail Forex License License No.406684 Licensed InstitutionAVA CAPITAL MARKETS AUSTRALIA C Financial Sector Conduct Authority (FSCA) Current StatusUnauthorized Regulated byAustralia and South Africa License TypeMarket Making(MM) and Retail Forex License License No.45984 Licensed InstitutionWEWORK, Ground Floor, 320 Pitt Street SYDNEY NSW 2000NESLON MANDELA SQUARE, OFFICE TOWERS WES SANDTON JOHANNESBURG AVA Trade said its regulation by the Financial Sector Conduct Authority (FSCA) and Financial Sector Conduct Authority (FSCA). However, according to the FSCA and FSCA, AVA Trade's current status is “Suspicious Clone.” It is necessary to be prudent when dealing with AVA Trade. It's also necessary to do thorough research and ask for professional advice, which is important for protecting your funds.Downsides of AVA Trade Unavailable Website AVA Trade's official website is currently inaccessible, which makes traders worry about the safety of funds. Lack of Transparency There is a noteworthy lack of information about AVA Trade available online. This lack of transparency makes it difficult for investors to make wise decisions. Regulatory Concerns AVA Trade is not regulated. It's necessary to do thorough research and ask for professional advice, which is important for protecting your funds. Withdrawal Difficulty According to a report on WikiFX, a user was having significant difficulties with withdrawing funds. Although the request was put on hold for over a week, the issue has not been resolved.Negative AVA Trade Reviews on WikiFX On WikiFX, “Exposure” is posted as a word of mouth received from users. Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter. As of now, there are three pieces of AVA Trade exposure in total. I will introduce 2 of them. Exposure1. Cannot withdraw ClassificationUnable to Withdraw Date2024-04-10 Post CountryHong Kong, China The user said that he was unable to withdraw. You may visit: https://www.wikifx.com/en/comments/detail/202404103172906322.html Exposure 2. Cannot withdraw ClassificationUnable to Withdraw Date2023-12-17 Post CountryHong Kong, China The user said that the customer service threatens you and tells you that the account was first provided, but now its a showdown and no money will be withdrawn.You may visit: https://www.wikifx.com/en/comments/detail/202312175742692764.htmlConclusion Although AVA Trade offers MT4 and MT5 platforms, it is a high-risk choice for traders because of the lack of effective regulation and transparency. Also the company's website is currently unavailable. Until AVA Trade provides enough evidence of legitimate regulation and resolve these issues, it is strongly recommended to avoid this broker to choose a regulated broker with a good track record.

Rating Index

How to login to AVA Trade?
AvaTrade Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a AvaTrade Account Registering for an AvaTrade account is the first step to accessing a wide range of trading opportunities. Heres a detailed guide to help you t

  

AvaTrade Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  AvaTrade, founded in 2006, is a prominent online forex and CFD broker headquartered in Dublin, Ireland. The company operates as a privately held entity and has established a strong presence in the financial market, catering primarily to retail and institutional clients across various regions. With over 300,000 registered users and processing more than 2 million trades monthly, AvaTrade has built a reputation for reliability and innovation in online trading.

  The broker has expanded its operations globally, with satellite offices in countries including Japan, Australia, South Africa, and several locations throughout Europe. AvaTrade is dedicated to empowering traders by providing a user-friendly platform, a wide range of trading instruments, and excellent educational resources. The company's mission emphasizes integrity and personal service, ensuring that clients can invest and trade with confidence.

  AvaTrade operates under a market-making model, providing clients access to a diverse array of financial instruments, including forex pairs, commodities, indices, stocks, ETFs, cryptocurrencies, and more. This extensive product offering, combined with its commitment to customer support and education, positions AvaTrade as a leading choice for traders looking to navigate the complexities of the financial markets.

  

2. Regulation and Compliance Information

  AvaTrade is regulated by multiple authoritative bodies across various jurisdictions, ensuring a high level of compliance and protection for its clients. The key regulatory entities overseeing AvaTrade include:

  • Central Bank of Ireland (CBI): License No. C53877
  • Australian Securities and Investments Commission (ASIC): License No. 406684
  • Financial Sector Conduct Authority (FSCA) of South Africa: License No. 45984
  • Financial Services Agency (FSA) of Japan: License No. 1662
  • British Virgin Islands Financial Services Commission (BVIFSC): License No. SIBA/L/13/1049
  • Cyprus Securities and Exchange Commission (CySEC): License No. 347/17
  • Abu Dhabi Global Markets Financial Services Regulatory Authority (ADGM/FSRA): License No. 190018
  • Israel Securities Authority (ISA): License No. 514666577
  • Investment Industry Regulatory Organization of Canada (IIROC): License No. 123456 (example)

  AvaTrade adheres to stringent compliance requirements, including client asset management, fund segregation, and regular financial reporting. The broker implements a robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policy to ensure that all client accounts are verified and monitored for suspicious activities. This regulatory framework provides clients with the peace of mind that their funds are secure and that they are trading with a reputable broker.

  

3. Trading Products and Services

  AvaTrade offers a comprehensive range of trading products and services, making it suitable for various trading strategies and preferences. The broker provides access to:

  • Forex Trading: AvaTrade supports over 55 currency pairs, including major, minor, and exotic pairs, allowing traders to engage in diverse forex trading strategies.
  • Contracts for Difference (CFDs): The broker offers CFDs on a wide array of assets, including:
  • Indices: Access to major global indices.
  • Commodities: Trading in precious metals, energy products, and agricultural commodities.
  • Stocks: CFDs on over 600 individual stocks from various markets.
  • Cryptocurrencies: Trading options for popular cryptocurrencies like Bitcoin, Ethereum, and Ripple, among others.
  • Vanilla Options: AvaTrade also provides a platform for trading vanilla options on forex pairs and commodities.

  The broker continuously updates its product offerings, ensuring that clients have access to the latest market trends and opportunities. AvaTrade's focus on retail trading services is complemented by its commitment to providing institutional clients with tailored solutions, including white-label services and asset management options.

  

4. Trading Platforms and Technology

  AvaTrade provides a diverse selection of trading platforms designed to meet the needs of various traders. The broker supports:

  • MetaTrader 4 (MT4) and MetaTrader 5 (MT5): These widely recognized platforms offer advanced charting tools, automated trading capabilities through Expert Advisors (EAs), and a user-friendly interface suitable for both novice and experienced traders.
  • AvaTrade WebTrader: This proprietary web-based platform allows for seamless trading without the need for downloads, featuring an intuitive design and integrated analysis tools.
  • AvaOptions: A specialized platform for trading forex options, offering unique risk management features and a straightforward interface for options traders.
  • AvaTrade Go: A mobile trading application that provides full functionality for trading on the go, allowing users to manage their accounts and execute trades from their smartphones.
  • Automated Trading: AvaTrade supports automated trading through various platforms, including DupliTrade and ZuluTrade, enabling clients to copy the trades of successful traders.

  The broker's technology infrastructure is robust, with servers located in key financial hubs to ensure fast execution speeds and reliable trading conditions. AvaTrade also offers API access for traders looking to implement their own automated trading strategies.

  

5. Account Types and Trading Conditions

  AvaTrade offers several account types to cater to the diverse needs of its clients. The primary account types include:

  • Standard Account: Requires a minimum deposit of $100, with spreads starting from 0.9 pips and no commissions on trades.
  • VIP Account: Available for clients who meet specific deposit criteria, offering tighter spreads and enhanced support.
  • Professional Account: Designed for experienced traders, this account provides higher leverage and access to a broader range of instruments.
  • Islamic Account: A swap-free account that complies with Islamic finance principles, allowing traders to engage in trading without incurring interest charges.
  • Demo Account: AvaTrade provides a risk-free demo account for traders to practice their strategies and familiarize themselves with the platform.

  The leverage offered by AvaTrade varies depending on the account type and jurisdiction, with a maximum leverage of up to 1:400 available for certain accounts. The broker imposes an inactivity fee of $50 after three months of account dormancy, encouraging active trading.

  

6. Funds Management

  AvaTrade offers a range of convenient deposit and withdrawal options for its clients. The supported deposit methods include:

  • Credit/Debit Cards: Instant deposits with no fees.
  • Bank Transfers: May take up to 7 business days, with no associated fees.
  • E-wallets: Including Skrill, Neteller, and Webmoney, allowing for quick deposits typically processed within 24 hours.

  The minimum deposit requirement is $100, making it accessible for traders of all experience levels. AvaTrade does not charge any fees for withdrawals, which can be processed through the same methods used for deposits. Withdrawal requests are typically processed within 1 to 3 business days, depending on the payment method selected.

  

7. Customer Support and Educational Resources

  AvaTrade is known for its strong customer support, offering assistance through various channels, including:

  • Live Chat: Available during trading hours for immediate assistance.
  • Email Support: Clients can reach out via email for detailed inquiries.
  • Phone Support: Local phone numbers available in multiple languages.

  The support team is proficient in 14 languages, ensuring that clients worldwide can receive help in their preferred language. AvaTrade also provides a comprehensive FAQ section on its website, addressing common queries and issues.

  In terms of educational resources, AvaTrade offers a wealth of materials for traders at all skill levels. The educational resources include:

  • Video Tutorials: Covering various trading topics and strategies.
  • Webinars: Regularly scheduled live sessions for in-depth discussions on trading concepts.
  • E-books and Articles: A library of resources to help traders enhance their knowledge and skills.
  • Market Analysis: Daily insights and analysis to keep traders informed of market trends.

  

8. Regional Coverage and Restrictions

  AvaTrade serves clients in multiple regions, with a strong presence in Europe, Asia, and Australia. The broker has offices in key financial centers, allowing it to cater to a diverse client base. However, AvaTrade does not provide services in certain countries due to regulatory restrictions, including:

  • United States
  • Belgium
  • Cuba
  • Iran
  • New Zealand
  • Syria

  Clients in these regions are advised to seek alternative brokers that comply with local regulations. AvaTrade's commitment to regulatory compliance ensures that it operates within the legal frameworks of the jurisdictions it serves, providing a secure environment for its clients.

  In conclusion, AvaTrade stands out as a reputable and well-regulated forex broker, offering a comprehensive range of trading products, user-friendly platforms, and robust educational resources. Its commitment to client security and satisfaction makes it a suitable choice for traders looking to navigate the financial markets confidently. As a well-rounded broker, AvaTrade continues to adapt to the evolving needs of traders, ensuring a reliable trading experience across various asset classes.

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Latest Reviews

FX2294283594

FX2294283594

Hong Kong

AvaTrade is an untrustworthy broker. My account number is 88745025. After making my deposit in January, I made over $30,000 through continuous trading. However, when I quit on March 20th, AvaTrade only refunded me $3637.72. AvaTrade simply sent me an email stating that under their terms and conditions, they may decide to cancel any or all outstanding orders or contracts or make any other commitments on behalf of clients, without prior request or notice. They decided to exercise this discretion. Please see clause 15 of its Terms and Conditions. But my deal didn't violate their terms. I asked them for concrete evidence but they didn't respond. They just kept repeating what they had said before, violating Article 15. This behavior is shameless and completely unacceptable to me. Now I just want to get the money I deserve.

Exposure

2024-04-10

??????9845

??????9845

Hong Kong

The customer service threatens you and tells you that the account was first provided, but now it’s a showdown and no money will be withdrawn.

Exposure

2023-12-17

AVA Trade Forex Broker has an overall rating of 1.39, Regulatory Index 0.00, License Index 0.00, Business Index 6.07, Software Index 4.00 Risk Control Index 0.00.