AvaTradeFXs is a forex and CFD broker that was founded in 2006. The company is headquartered in Dublin, Ireland, and it is regulated by the Financial Conduct Authority (FCA) in the UK, the Financial Services Commission (FSC) in Mauritius, and the Central Bank of Ireland.
Company Background
AvaTradeFXs offers a wide range of forex and CFD trading instruments, including currencies, commodities, indices, and stocks. The company also offers a variety of trading platforms, including MetaTrader 4 and AvaTradeGO.
Are AvaTradeFXs Licensed and Regulated?
Yes, AvaTradeFXs is licensed and regulated by the FCA, the FSC, and the Central Bank of Ireland. This means that the company is subject to strict regulatory requirements, which helps to protect traders’ funds.
What Are The Problems of Dealing With Unlicensed Broker?
There are a number of problems that can arise when dealing with an unlicensed broker. These include:
The broker may not be subject to any regulatory oversight, which means that there is no guarantee that your funds will be safe.The broker may engage in fraudulent or unethical practices.It may be difficult or impossible to withdraw your funds from the broker.
Products and Packages
AvaTradeFXs offers a variety of products and packages, including:
Standard Account: This is the most basic account type, and it offers a spread starting from 0.7 pips.
Cent Account: This account type is designed for traders who want to trade with smaller amounts of money. The spread starts from 1 pip.
Pro Account: This account type is designed for experienced traders who want access to more advanced features, such as guaranteed stop losses and negative balance protection.
Can Traders Withdraw Their Money?
Yes, traders can withdraw their money from AvaTradeFXs. The company offers a number of withdrawal methods, including bank wire, credit card, and debit card.
Is Their Customer Service Good?
AvaTradeFXs offers 24/7 customer support via live chat, email, and phone. The company’s customer support team is generally well-informed and helpful.
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