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Boney Market-Overview of Minimum Deposit, Leverage, Spreads

Avant-Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-08-29 09:31

Abstract:Established in 2022, Avant-Markets registered presents itself as an online forex broker. Since Avant-Markets claims to provide high leverage of up to 1:1000, we may safely presume that it is an offshore broker. Avant-Markets boasts that it offers clients access to a series of trading instruments, five trading accounts to choose from.

Registered in China
Regulated by No effective regulation at this time
Year(s) of establishment 1-2 years
Trading instruments Forex pairs, commodities, stocks, cryptocurrencies, indices
Minimum Initial Deposit $10
Maximum Leverage 1:1000
Minimum spread 0.1 pips onwards
Trading platform MT4
Deposit and withdrawal method Information not available
Customer Service email and online chat support 24/5
Fraud Complaints Exposure No for now

  Risk Warning

  Online trading involves huge risks and you can lose all your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained herein is for general information purposes only.

  General Information

  Established in 2022, Avant-Markets registered presents itself as an online forex broker. Since Avant-Markets claims to provide high leverage of up to 1:1000, we may safely presume that it is an offshore broker. Avant-Markets boasts that it offers clients access to a series of trading instruments, five trading accounts to choose from.

  Is Avant-Markets safe to trade with?

  Avant-Markets is the trading name of Avant-Markets Ltd, a company incorporated under registered number 26657 BC 2022 by the Registrar of Business Companies, of Saint Vincent and the Grenadines.

  When it comes to regulation, it has been verified that Avant-Markets is not authorized or regulated by any regulatory authorities. Thats why its regulatory status on WikiFX is marked as “No License” and It receives a pretty low score of 1.08/10.

  Trading with an unregulated forex broker is a surefire way to lose your money. Please be aware of the risk.

screenshot of WikiFX

  Screenshot time: 13/02/2023

  The scores provided by WikiFX are dynamic and track the broker's movements in real time, so the scores screened at the current time are not indicative of past or future scores.

  Market Instruments

  Avant-Markets boasts that investors can get access to various financial markets across four classes. Trading assets available are listed below:

  l Currency Pairs-major, minor and exotic pairs

  l Commodities-spot metal CFD including gold and silver denominated in US Dollars

  l Crypto-a series of popular crypto CFDs

  l Indices-Dow Jones, NASDAQ, FTSE and more

Instruments

  Account Types

  With Avant-Markets, five trading accounts are available, namely Micro, STP, ECN, PRO and VIP, with minimum deposits ranging from $10 to as high as $10,000.

  The Micro and the STP accounts charge only $10 and $50 to start, and they are ideal for beginners to water the water of forex trading and this platform without risking too much capital.

  The ECN account requires an acceptable $200, suitable for professional traders and scalpers. To open the Pro and the VIP account, you need to fund at least $1,000 and $10,000, respectively.

  

Account

  Leverage

  Trading leverage varies depending on trading accounts, ranging from 1:400 to 1:1000. The maximum trading leverage offered by Avant-Markets is absurdly high, reaching up to 1:1000, which is much above the levels considered appropriate by many regulatory authorities. Offering high leverage to attract investors into their traps is a typical tactic employed by most offshore brokers.

  Spreads & Commissions

  On the Avant-Markets platform, spreads and commissions are determined by trading accounts. Commissions are only charged with the ECN account, with other four accounts offering a zero-commission environment.

  The spread on the Micro account is the widest, starting at 2.5 pips, while the spread on the ECN account is just 0.1 pips, the spread on the Pro account is just 0.7 pips, and the spread on the VIP account is just 0.3 pips.

Commissions

  Trading Platform

  Avant-Markets gives its clients access two choices of trading platform, the MT4 trading platform that can be accessed via Desktop, Mobile as well as a Webtrader. MT4 is among the most popular trading platforms around the world, featuring multiple technical indicators, robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

  Customer Support

  Avant-Marketss customer support is available 24/5, offering easy access to its email and online chat support.

  Here is the email address: support@avant-markets.com.

  Or you can also follow this brokerage on some popular social media platforms, such as Instagram, Facebook, Twitter, Linkedin, Youtube and TikTok.

  Restricted Regions

  Avant-Markets does not offer services to traders from some countries, such as the United States, America, Afghanistan, Iran, ISIL, Libya, Mali, Somalia, Sudan, Yamen, Sri Lanka, Russia and a few more countries.

  Users exposures on WikiFX

  We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.

  Frequent asked questions about Avant-Markets

  Is this broker well regulated?

  No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

  How much leverage does this broker offer?

  The maximum leverage of Avant-Markets is 1:1000. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.

Related broker

No Regulation
Avant-Markets
Company name:Avant-Markets Limited
Score
1.43
Website:https://www.avant-markets.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.43

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