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Note: This is a AvaTrade review. If you are looking for the AvaTrade official website or checking for a special discount, then CLICK HERE. Special thanks to Patrick W. who submitted this review.
AvaTrade, initially established in 2006 as AvaFX, is an online FX and CFDs broker that is based in Dublin, Ireland. AvaTrade specializes in offering trading services for Bitcoin, equities, commodities, Exchange Traded Funds (ETFs), bonds and market indices. Since their inception, AvaTrade has expanded globally, serving over 200,000 accounts on a global basis.
Reviewed Product: AvaTrade
1. So Are AvaTrade Service Legit?
The broker executes on a monthly basis more than two million transactions and often surpasses the $60 billion mark in total value. With a solid financial backing and client oriented focus, AvaTrade broker has strived to provide their clients with a full range of services and products. This can be seen in the diversity of trading platforms that are available at AvaTrade broker and are supported by a team of multilingual support staff who are available on a 24/5 basis.
2. Consumer Fraud Alert Regarding AvaTrade
The success of AvaTrade has given rise to many frauds who try to sell their services in its name. This is a big issue as many customers have lost their money in joining from such fake sites. It is advised that customers should be really careful when they are joining and should do some research before they join any broker. To spot these, watch out and avoid sites that claim to write about AvaTrade, yet the writeup is completely garbage as they are created by software and spammed all over the internet. It is always better to avoid joining from any other website other than the official one. Therefore, it is highly advised that consumers do careful research, or only join the site from the official website here – http://AvaTradeOfficial.com/ (link opens in a new window). The official website that they have includes the legitimate brokerage services.
3. Which Countries Do AvaTrade Operate In & Are They Regulated?
Apart for its operational base in Dublin and Ireland, AvaTrade also maintain several offices in several major cities and countries across the world such as Milan, Nigeria, Paris, Shanghai, South Africa, Sydney, Tokyo and Ulaanbaatar in Mongolia.
AvaTrade is regulated by the Central Bank of Ireland (Reference No: C53877) and also by other strict regulators such as the Australian Securities & Investments Commission (ASIC) and the Financial Services Commission (British Virgin Islands). The broker is especially tightly regulated in Japan with several agencies such as the Financial Futures Association of Japan, Financial Services Agency and the Commodities Futures Association of Japan simultaneously having oversight on its operations in Japan. Regardless of whether a trader is a beginner trader or an experienced trader, AvaTrade broker will be able to meet all their trading requirements.
For most traders, one of their biggest concerns is whether the broker is reliable. This is largely due to the fact that the online trade industry has for years been plagued with scam brokers. Understandably, beginner traders are anxious to make sure that the broker they sign up with is legitimate and reliable.
With AvaTrade, this is not a concern for traders. As a broker that has been operational for more than a decade, AvaTrade has established a reputation among the online trading community as a broker with integrity and reliability.
Read what a customer we recommended AvaTrade to said…
Work with then more then one year. Good support. No problem to withdraw the money. They have online support on the site with chat and really helpful when needed!
Israel, Tel Aviv