avafx

Admin July 14, 2024

Summary

AvaTrade is a forex broker established in 2006 with offices located across 5 continents and licensed by ASIC, FSA, and other regulators. AvaTrade offers MetaTrader 4 and 5, AvaTradeGo, AvaOptions, and WebTrader platforms with over 50 currency pairs, cryptocurrencies, vanilla options, as well as CFDs for ETFs, Indices, Stocks, precious metals and commodities.

Regulated

Physical Offices

Paris, Dublin, Milan, Tokyo and Sydney

Meta Trading Softwares Used

MT4, MT5, WebTrader, AvaOptions, AvaTradeGO, DupliTrade, Trading Central

Overall Rating

2/5

Reviews

Veeranidev Varatharahan
1/5

Avatrade is a fraud company. Abhishek their agent calls from UAE mobile number registers me. Amit their account Manger advises trades. They will show you profits, get you to invest more and more and then lose all your money. I lost my hard earned and even borrowed money a total OF USD24200. I live in Dubai, UAE. BEWARE FROM THEM DO NOT INVEST WITH THEM. They use web based mobile numbers to call and whats app wherein you cannot call them back.

Abdul Rasheed Puthiyaveettil Kunhi Mohamed
1.5/5

I deposited 50,000 USD after registering for AVA a few months ago, and suddenly my account was frozen, and I couldn't trade, log in to the backend, or withdraw funds. I contacted AVA's customer service staff for this issue, but there has been no response in months. My account is 77088901 77088902 77088903.

Sruti Kanta Majhi
2/5

And that's why I'm attentive to everything new and unusual, because it can help to learn something new and master some new strategy. I have been working here not so long. Before that I tried other companies, but all the time I faced some troubles. Everything seems to be fine here. At least I had already withdrawn money here and I saw that the money came to my card the same day. This is great news. I have tried different terminals here, in general I can say that they are similar, but I feel more confident with MT4. And trading calculators were also useful for my statistics.

Khurram
1/5

They gave me the telephonic call and asked to increase balance to get more profits. I deposited 7300 dollars and able to withdraw only 1100 dollars. Rest they scammed with me. While I was doing trade there softwates mt4 and ava trade it was hanging many times which caused losses of my amount I request for return of my amount 6200 dollars.

Firoz Shaikh
1/5

Avatrade is a fraud company. Abhishek their agent calls from UAE mobile number registers me. Amit their account Manger advises trades. They will show you profits, get you to invest more and more and then lose all your money. I lost my hard earned and even borrowed money a total OF USD24200. I live in Dubai, UAE. BEWARE FROM THEM DO NOT INVEST WITH THEM. They use web based mobile numbers to call and whats app wherein you cannot call them back.

Sloopic Nairobi
4/5

And that's why I'm attentive to everything new and unusual, because it can help to learn something new and master some new strategy. I have been working here not so long. Before that I tried other companies, but all the time I faced some troubles. Everything seems to be fine here. At least I had already withdrawn money here and I saw that the money came to my card the same day. This is great news. I have tried different terminals here, in general I can say that they are similar, but I feel more confident with MT4. And trading calculators were also useful for my statistics.

emmak Abuja
2/5

This broker don't have good reputation when it comes to fast withdrawal payouts. i placed a withdrawal which according to their policy takes up-to 10 business working days before it hits my account. Today is exactly two weeks since i made that withdrawal and i am yet to receive my funds. they keep coming up with one excuse or the other, first they said monday was a national holiday, yesterday they said the issue was with my bank and that they'll send me proof that they've sent the money, i've been waiting for that proof now for good two days yet nothing. my account manager has not replied any of my emails regarding this issue since it started. this is so unprofessional and very bad. i'll do everything possible to get my money.

Waqas Nabi
1/5

my account number is 77009146 My name is Waqas Nabi Be aware from this broker.Avatrade is the wrost broker i see on the internet. i have a 10 year's experience in forex and doing this with many other brokers and some days ago i try to open an account here with avatrade. i deposit 1100$ in trading account and made 1600$ profit. i withdraw my all profit from this broker. today i open 2 standard lots in EUR/USD 1 by 1 and both trades are running in profit i try many time to close my trades but the error occured "Off Quotes" "Off Quotes" i try my best to close by laptop terminal and than mobile mt4 but i am unable to close. i than try to chat with support and they told me to wait for some time while they check the issue and meanswhile i called them on their given number. nobody was there to listen my case. my account got blown and i lossed 1100$ with this s***** broker because of "Off Quotes" they are pure DD (Dealing Desk) broker. they dont want you to get profit from them. they just want your loss. they just want you to loss with them. i withdraw 1600$ from them that's why they do this with me because they dont want me to withdraw more profit from their broker's . please i advice you to stay away from this broker. i will post my issue with all forum to aware the people, what they are doing with us. they are cheater's

Carlanguilla Valencia
1/5

I opened an MT4 account with them. I deposit money but never appear in my balance. I sent many times mails to them (at least 10) but they don't answer me. I've tried to talk with live chat but after a pair of hours waiting they just say me that somebody will call me. After 5 days nobody call me yet. Finally I tried to contact them by phone. After 2 days having no answer I can talk. The first thing they said me is sent a mail (I've sent more than 10) After say me again that they call me. I explained her that they told me that already. And after check my account said me that it is not verified when I uploaded 4 times the documents. After all say me: Sorry I can't help you. PLEASE; STAY FAR AWAY OF THIS BROKER. THEY AREN'T A SEROIUS COMPANY

Berta Brazil
3/5

I am trying to get my account verified since January and they always reject by proof of residence. I have provided Electricity bill under my name and issued within last 3 months, they said they will also need my payslip, i have sent them, then they have requested for also my tax documentation, i have sent it, they have rejected everything! Poor customer service and Compliance team. Going to deposit my $1000 elsewhere.

GEMMA CERVERA CAMERO
1/5

AvaTrade is an untrustworthy broker with my account number 88745025. After depositing in January, I made over $30000 through continuous trading. However, when I withdrew on March 20th, AvaTrade only refunded me $3637.72. AvaTrade only sent me an email stating that according to their terms and conditions, they can decide to cancel any or all outstanding orders or contracts, or make any other commitments on behalf of the client, without prior request or notice. They decided to exercise this discretion. Please refer to Article 15 of their terms and conditions. But my transaction did not violate their terms. I asked them to provide specific evidence, but they did not respond. They just kept repeating what they had said before, violating Article 15. This behavior is shameless and I completely cannot accept it. Now I only want to get the money I deserve. Next, I will file a complaint with the regulatory authorities to protect my rights.

AtlasB SHENZHEN
1/5

I deposited 50,000 USD after registering for AVA a few months ago, and suddenly my account was frozen, and I couldn't trade, log in to the backend, or withdraw funds. I contacted AVA's customer service staff for this issue, but there has been no response in months. My account is 77088901 77088902 77088903.

Guangxi
1/5

This is an unreliable trading platform. They started to freeze my trading account after less than a week of trading, I was not allowed to log in. The CRM background could not be logged in. I was not allowed to withdraw my money, and the account manager never replied to me. The customer service on the official website shirks responsibility and there is no way to complain. There is no difference with a black platform.

Ali Reza
2/5

Dear Traders, I am writing this review so you're aware of this company's lack of respect to their customers who have lost money or trade due to their platform's technical issues. I will publish evidence of their lies and dismanagements very soon, as I am completely disappointed with their customer services very poor response to my complain, as their only solution was for me to uninstall and reinstall their program despite it being a mistake on their side!

pacogomezgonzalez MURCIA
1/5

AvaTrade is scam fraud and theft since its foundation in 2006 which was then called avafx.com. AvaTrade is banned in more than 20 countries including Belgium and Poland. The CNMV of Spain sends a report lying to the judge to protect AvaTrade. AvaTrade loses to WIPO or WIPO the domains avatrade-afectados.es, avatrade-afectados.mx and estafavatradetrade99.com. AvaTrade steals from me using its most widespread methods of theft the helicopter and the AvaPartner.

HassanShahzad Bahawalpur
1,6/5

usually Give my opinion here at Forexpeacearmy , based on my personal experience, i got My Withdrawal just a while ago so the Avatrade is Not a Scam but yes they are Terrible for One Reason and that is either they are completely ignorant People who are part of the Administration , those people Dont even Know that their Demo accounts are different From Real Servers. Or they completely Lied to me when i confirmed this thing more than three times , now i got only 5.6 USD loss , after 113 trades , broker Real account has following problems. 1.They have stop hunting. 2.They have much less Slippages but still they have but always say that their Demo also have slippages but that account literally does not have any slippages. 3.Execution is completely different at real accounts from Demo. 4. either i place 5 pip SL or 1 pip SL , my EA always recieved errors from brokers for Invalid SL...what a pitty , broker does not even accept 5 Pips SL with only 3 point spread of crude OIL? shame on you avatrade 5. they dont want you to scalp in real account , but in demo they are less strict. this is a honest review from a hard work trader, i am a extreme scalper , my advice to scalper stay away from these liers who are sitting in the administration if they really Lied to me...or they are completely ignorant of demo account characteristics. now a memebr of Avatrade will come and will answer my this review...but before you put your mouth anything against me , Just go and talk to your Administration and teach them if they are ignorant Or stop them if they are lying.

YasserA
2.2/5

No matter how everything is all perfect in your account, withdrawal is a nightmare, despite the follow ups, customer service are like robots, account managers attitude is horrible specially when it comes to withdrawal requests. Whoever plan to setup a trading account must think twice, and get prepared to face the ugly face of Avatrade

K.A.A
1.4/5

Guys to be honest, i opened an account with avatrade and did not deposit any money, i was doing my research about them for 30days and i feel something fishy there , they told me they have office in abu dhabi and they are regulated from Securities and Commodities Authority SCA i asked them for their office location , they did not tell me, so i called SCA and i asked for Mr. Z- - - , the chairman, in 2 min i was talking to him and ask for 10 minutes to confirm it , he relied to me / they are not on our list , so i removed them from my list

Sarmseen Croydon
1/5

I signed up with AVA a little while ago, I deposited with my two bank card and my Palpal account. I suppose every client should have access to their fund whenever they need it, but AVA has refused my withdrawal over and over again. I had a chat with their customer service thrice but they still kept on rejecting my withdrawals even after following all their instructions. My account number is 74225467... i also have the copies of email and chat... Adeniyi.

Jabari Rusiimwa
4/5

Frankly speaking, I haven't spent a lot of my time choosing a brokerage. I just openned a list of brokers and have chose, literally, the first one I saw. That brokerage was AvaTrade and now I'm trading with it for 2 years already. Was my choice the best? I don't know, as I never tried other brokers. But I know for sure that I never had any regrets about my choice. Maybe it was a little random, but I'm happy that I've chose AvaTrade. And that's why: 1. Regulated. No comments, just basic thing for every brokerage. Ava has everything good with that. 2. Spreads. For example, EURUSD is around 0.7-1.1. I think that's quite okey, like any other regulated brokerage 3. Education. Now I don't need it, but in the beginning of my trading, that was really an important point. Education is divided into 2 sections: for beginners and professional trading. I can't call it 'the best one', but I learned a lot with it. And analytical blog is also good, analytics isn't too freequent but always up-to-date and covers the most important daily points, so I like it. That's what I think