BrokersView
Search
Download
English
Sign In

AvaCapitalTrade

Save

Operating status: SCAM

Website: https://avacapitaltrade.com/

Broker violations and abnormal records
  • 2023-09-06 The UK FCA issues a warning against AvaCapitalTrade

    On September 7, 2023, the Financial Conduct Authority (FCA) issued a warning against AvaCapitalTrade, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/avacapitaltrade-ava-capital-trade-de-lighttrustproof-de-lighttrustproofs

    On September 7, 2023, the Financial Conduct Authority (FCA) issued a warning against AvaCapitalTrade, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/avacapitaltrade-ava-capital-trade-de-lighttrustproof-de-lighttrustproofs
  • 2023-09-07 BrokersView has reviewed that AvaCapitalTrade is an unregulated broker

    While AvaCapitalTrade is domiciled in the UK, it falls outside the regulatory framework. According to the warning issued by the UK Financial Conduct Authority (FCA), AvaCapitalTrade is an unauthorized firm illegally soliciting British investors.

    In essence, AvaCapitalTrade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. 

    AvaCapitalTrade is unequivocally a scam.

    While AvaCapitalTrade is domiciled in the UK, it falls outside the regulatory framework. According to the warning issued by the UK Financial Conduct Authority (FCA), AvaCapitalTrade is an unauthorized firm illegally soliciting British investors.In essence, AvaCapitalTrade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. AvaCapitalTrade is unequivocally a scam.

Related Complaints

Q&A

AvaCapitalTrade does not allow me to withdraw. Is AvaCapitalTrade a scam?

Roberto Tereshchenko
Billings
2023-10-17
ANSWER Considering its lack of the necessary authorization and unreasonable practices, AvaCapitalTrade is a scam.AvaCapitalTrade claims to be located in the UK. It uses an address that is shared by many other companies, which is a red flag. It claims to be a British company, but it does not have the authorization from the Financial Conduct Authority (FCA), the financial regulator in the UK. The FCA issued a warning against AvaCapitalTrade and advised the public to avoid it, as it solicits investors in this country without their permission.Therefore, AvaCapitalTrade is a fraudulent company that tries to deceive investors with false claims and illegal practices. It is not regulated by the FCA and poses a high risk of losing money. Investors should stay away from it and report any suspicious activities to the authorities. To mitigate the risks of fraud and identity theft, we strongly suggest investors opt for a fully regulated broker instead.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.