AVFX review and ratings

Established 2012
Location Saint Vincent and the Grenadines
Regulation None
Offices Kingstown, Dubai, Tbilisi
Broker type STP | ECN
Leverage up to 1:1000
Deposit from 10 USD
Spreads mid  mid
Platforms Web MetaTrader 4 MetaTrader 5 cTrader
Instruments Currencies Crypto Indices Metals Energies Stocks
Funding methods Wire Transfer Credit Cards PayPal WebMoney Perfect Money Bitcoin Ethereum Tether

Company information

AVFX is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency.

Availability

AVFX accepts clients from all over the world, excluding USA, Canada, Sudan, Syria, North Korea, Iran.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

50+ Currency Pairs Based on major and minor world currencies.
4 Crypto Pairs Based on Bitcoin, Ethereum, Litecoin, Ripple.
16 Indice CFDs Based on baskets of different blue-chip stocks.
5 Metal CFDs Based on Gold, Silver, Platinum, Palladium and Copper.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
100+ Stock CFDs Based on shares of US, UK and EU companies.

Comprehensive review

AVFX is a forex broker that offers ultra-high leverage, a large selection of trading instruments, and access to multiple different trading platforms. The broker's main physical office is located in Tbilisi, Georgia, while its registered corporate address is in Saint Vincent and the Grenadines, a jurisdiction where forex brokers are not regulated by the government. In addition to this, AVFX also maintains a support office in Dubai in the United Arab Emirates (UAE).

The main thing that stands out when evaluating AVFX is the very wide selection of tradable assets that this broker offers. The selection includes more than 50 forex pairs, stock CFDs from well over a hundred publicly traded companies listed in the US and Europe, most major stock indices, as well as a handful of the most popular commodities and cryptocurrencies.

In terms of trading platforms, AVFX offers access to three of the most popular platforms in the world among retail forex traders, namely MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader. This means that pretty much everyone can use a platform they are already familiar with when switching over the AVFX from another broker.

Notably, all of the three platforms are available both as downloadable apps for desktop computers and smartphones, and as web-based trading platforms for use directly in the computer's web browser.

Like many other forex brokers these days, AVFX also offers copy trading functionality for its clients. This is great for both experienced traders and newbies alike, given that new traders get a chance to copy trades made by those that are already profitable, while pro traders can earn a side income by sharing their trades with others. Within AVFX's copy trading environment, traders get the chance to review the performance of other traders and easily compare them with each other before deciding who to copy.

Trading accounts with AVFX can be funded with traditional methods such as bank transfer, credit/debit cards, and e-wallets like PayPal, WebMoney and Perfect Money. Additionally, crypto transfers with Bitcoin (BTC), Ethereum (ETH) and the stablecoin Tether (USDT) are also supported. The broker states on its website that the quickest and easiest payment option is crypto, which will be credited to the trading account almost instantly.

AVFX does not charge its clients any fees for processing deposits and withdrawals.

For any support needs, AVFX clients can reach out to the broker via email, live chat, phone and WhatsApp. The broker promises on its website that the support team is available 24/5.

In conclusion, we see AVFX as a broker that is trying to position itself among the leading offshore forex brokers. With a wide selection of assets, copy trading functionality and multiple trading platforms supported, this broker does certainly offer what many traders are looking for.

Despite these positives, there are also some things that should be improved for this broker to stand out from its competition. Specifically, we believe the content on the broker's website needs a makeover. At the time of writing, the website contains lots of generic and fancy-sounding words that offer very little concrete information. Information to traders should be much more specific and to-the-point, and we therefore believe AVFX has a job to do there.

The second thing to improve would be to make trading fees as competitive as possible. Right now, spreads are in the mid-range, which means that many other brokers offer better pricing. If this can be improved, AVFX's product offering to the trading community would be much more attractive.

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