AVA Trade

AVA Trade EU Ltd, operating under the brand AVA Trade, is a brokerage entity registered in The Virgin Islands. According to our records, the company was founded on 14 December 2022, though its own marketing materials claim a longer history dating back to 2008. The official website is en-avatrade.com.

Our records indicate that AVA Trade EU Ltd holds two regulatory licences: one from the Australian Securities and Investments Commission (ASIC) and one from the Financial Sector Conduct Authority (FSCA) of South Africa. However, the company is registered in The Virgin Islands, a jurisdiction known for light regulatory oversight. This combination of offshore registration and multiple licences is not unusual in the retail forex space, but it warrants careful scrutiny.

AVA Trade EU Ltd lists two regulators on file: ASIC in Australia and FSCA in South Africa. The ASIC licence is classified as Market Making (MM), with licence number 406684. The FSCA licence is a Forex Trading License (EP), with licence number 45984. We cross-checked these details against the public registers where possible, but the status of each licence is not published in our records.

It is important to note that the company is registered in The Virgin Islands, which is an offshore jurisdiction with minimal regulatory oversight. While holding licences in Australia and South Africa may provide some level of oversight, the offshore registration raises questions about the actual level of investor protection available to clients. Traders should verify the current status of these licences directly with the respective regulators.

AVA Trade states that it offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for trading. These are widely used platforms in the retail forex industry, known for their advanced charting tools, automated trading capabilities, and user-friendly interfaces. The availability of both platforms suggests that the broker aims to cater to a broad range of traders, from beginners to experienced professionals.

However, our records do not specify the range of tradable instruments, account types, or funding methods. Given the limited public information, we cannot confirm the full scope of the trading offering. Traders interested in this broker should seek detailed information directly from the official website or through customer support.

AVA Trade EU Ltd was founded on 14 December 2022, according to our records. The company description, however, claims a founding year of 2008, which may refer to a related entity or a rebranding. This discrepancy is not uncommon in the forex industry, but it highlights the need for traders to verify the company's actual history and corporate structure.

The company is registered in The Virgin Islands, a common jurisdiction for offshore forex brokers. Our records indicate that the company has zero employees, which is a notable detail. This could mean that the company operates as a small entity or that it outsources most of its operations. Traders should consider the implications of a broker with no on-record employees, as it may affect customer support and operational reliability.

Our records flag several risk factors for AVA Trade EU Ltd. The company is registered in The Virgin Islands, which is considered an offshore jurisdiction with light oversight. Additionally, our records indicate that withdrawal complaints appear in approximately 150% of recent reviews, which is a significant red flag. This suggests that a majority of client feedback involves difficulties with withdrawing funds.

Furthermore, the company has no verifiable website or social-media presence, according to our records. This is unusual for a broker that claims to offer trading services. The combination of these factors contributes to an elevated scam risk score of 54 out of 100, as assessed by FXCanary. Traders should exercise extreme caution and conduct thorough due diligence before considering this broker.

Given the limited public information and the risk flags identified, AVA Trade EU Ltd appears to target retail forex and CFD traders who are comfortable with offshore brokers. The availability of MT4 and MT5 suggests an appeal to traders familiar with these platforms. However, the lack of verifiable presence and the high incidence of withdrawal complaints make it unsuitable for risk-averse traders.

We would advise that only experienced traders who fully understand the risks of offshore trading and who have conducted their own independent verification consider this broker. For most retail traders, the absence of clear regulatory oversight and the negative review pattern are significant deterrents.