Abstract:Ava DupliTrade, part of the AvaTrade Group, is a system trading platform dedicated to connecting automated trading capabilities to Ava MT4/5, which is provided by AvaTrade's Japanese sister company, DupliTrade. DupliTrade is a platform provider that supports selective automated trading. It discovers and hires the best traders and expert advisor (EA) developers around the world and connects them to users' Ava MT4/5. To AvaTrade Japan's internal policies and Japan's Financial Instruments and Exchange Act, AvaDupliTrade only provides algorithmic expert advisor (EA) derived buy and sell signals to AvaMT4/5 (as a user's client).
DuplitradeReview Summary | |
Founded | 2017-06-28 |
Registered Country/Region | Japan |
Regulation | Unregulated |
Customer Support | Send a message |
Ava DupliTrade, part of the AvaTrade Group, is a system trading platform dedicated to connecting automated trading capabilities to Ava MT4/5, which is provided by AvaTrade's Japanese sister company, DupliTrade.
DupliTrade is a platform provider that supports selective automated trading. It discovers and hires the best traders and expert advisor (EA) developers around the world and connects them to users' Ava MT4/5. To AvaTrade Japan's internal policies and Japan's Financial Instruments and Exchange Act, AvaDupliTrade only provides algorithmic expert advisor (EA) derived buy and sell signals to AvaMT4/5 (as a user's client).
Duplitrade is not regulated, making it less safe than regulated brokers.
Members of Duplitrade enjoy information on various membership plans, free membership, and 30-day free demo accounts. No fees, including setup fees and monthly fees, are payable directly to Ava DupliTrade.
Avatrade Japan is also an investment advisor and agent. Under separate agreements, AvaDupliTrade receives a portion of the spread income generated from foreign exchange transactions or investment advisory fees from clients. AvaDupliTrade also receives platform usage fees and skilled advisor usage fees from AvaTrade Japan but does not charge fees equivalent to investment advisory fees.
There are many offshore forex brokers operating in the market today, some of which claim to be regulated but only by weak or lesser-known authorities, not by reputable financial regulators. Unfortunately, many traders don’t verify these details and end up falling into their trap, often losing their hard-earned money. OzenFX is one such broker that’s been active recently.
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