Avantex Pro-Overview of Minimum Deposit, Leverage, Spreads

Avantex Pro 2845549458

General Information & Regulation

Avantex Pro, a trading name of AvantGarde Solutions Ltd, is allegedly an unregulated global online trading provider founded in 2021 and registered in Saint Vincent and the Grenadines that claims to provide its clients with over 100 tradable financial instruments with flexible leverage up to 1:400 and variable spreads from 0.7 pips on the industry-standard MetaTrader5 trading platform, as well as a choice of three different real account types.

Market Instruments

Avantex Pro advertises that it offers more than 100 trading instruments across three asset classes, including forex, indices and commodities (precious metals, energy).

Account Types

Apart from demo accounts, there are three real trading account types offered by Avantex Pro, namely Basic, Standard and Professional. Opening a Basic account requires the minimum initial deposit amount of $100, while the other two account types have much higher minimum initial capital requirements of $500 and $5,000 respectively.

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Basic account can experience leverage of 1:100, while the Standard account holders have a leverage of 1:200 and the Professional account can enjoy the maximum leverage of 1:400. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads

Avantex Pro claims that different account types can enjoy quite different spreads. Specifically, the spread on the Basic account starts from 3 pips, while the Standard account from 1.5 pips and the Professional account from 0.7 pips.

Trading Platform Available

The platform available for trading at Avantex Pro is the worlds most widely-used MetaTrader5 platform, compatible with mobile, desktop and Web terminals. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

Avantex Pro says to work with several available payment methods, which include Bank Transfer and credit cards such as MasterCard, Maestro and Visa.

The minimum initial deposit requirement is said to be $100.

Bank Transfer deposits are free, however, the bank may charge you a transfer fee; Credit card deposits with EUR is free, while with USD, a 5% deposit fee will be charged from the deposited amount. If the withdrawal amount is less than $1000/€800, a $30/€16 withdrawal will be charged, while it is more than $1000/€800, no fees charged.

As for the processing time of withdrawal requests, USD withdrawals are said to be processed on the same day if requested before 1 pm GMT, while requests made after 1 pm will be processed the next working day. All other withdrawals will take 2 working days to process.

Customer Support

Avantex Pros customer support can be reached by telephone: +357 961 63286, email: support@avantexpro.com or fill in Contact Form to get in touch. Registered office address:: Beachmont Business Centre, Suite 208, Kingstown, Saint Vincent and the Grenadines.