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AvanTrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-07 11:52

Abstract:Founded in 2023, AvanTrade is an unregulated brokerage company registered in the United Kingdom. This firm boasts of offering intuitive trading for first-time and professional investors. However, the regulatory hurdle and lack of transparency about trading fees are the biggest drawbacks.

  Note: AvanTrade's official website:https://avantrade.co/is currently inaccessible normally.

AvanTrade Information

  Founded in 2023, AvanTrade is an unregulated brokerage company registered in the United Kingdom. This firm boasts of offering intuitive trading for first-time and professional investors. However, the regulatory hurdle and lack of transparency about trading fees are the biggest drawbacks.

AvanTrade Information

Is AvanTrade Legit?

  AvanTrade currently does not hold any valid regulatory certificates. Although it is incorporated in the United Kingdom, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

Is AvanTrade Legit?

Downsides of AvanTrade

  • Unavailable Website

  AvanTrade's official website is currently inaccessible. It's anyone's guess whether it's still up and running.

  • Lack of Transparency

  You can find few information about this brokerage online. With solely email as the support option, it is difficult not to stay away.

  • Regulatory Concerns

  Without regulatory certificates is an obvious disadvantage of some online brokerages. Before choosing a brokerage, remember to consider the risk involved.

Market Instrument

  AvanTrade offers trading CFDs on shares, indices, forex and cryptocurrencies. If you are looking for stocks and ETFs, this brokerage may not be your choice.

Market Instrument

Customer Support

  For any question you might have, help is available 24/7 by phone (+442039962114) or email (contact@avantrade.co).

Customer Support

Conclusion

  All brokerages aren't created equally. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. AvanTrade is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

  

Related broker

No Regulation
AvanTrade
Company name:Avantrade (Europe) Ltd
Score
1.29
Website:https://avantrade.co/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.29

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