Avachoice

Avachoice is a forex broker registered in Singapore, established on 9 October 2021. The broker is not licensed or regulated by any known financial authority, which introduces significant risk for traders.

The official domain of the broker is avachoice.com, but our investigation found that this domain currently hosts a personal portfolio site for an individual named Ava Zhou and an AI technology company, with no mention of forex trading or brokerage services. This discrepancy raises serious concerns about the broker's transparency and operational integrity.

According to our records, Avachoice offers three account tiers: PREMIUM, GOLD, and SILVER. All three accounts do not specify a minimum deposit requirement. The PREMIUM account provides a maximum leverage of 1:500, while both GOLD and SILVER accounts offer a maximum leverage of 1:200.

The lack of detailed information on other trading conditions, such as spreads, commissions, or available instruments, makes it difficult for traders to evaluate the cost and suitability of these accounts.

Avachoice holds no regulatory licences from any recognised financial authority. The registered address is listed as both an address in Dublin, Ireland and an address in Singapore, which may indicate a complex or unclear corporate structure.

Without regulatory oversight, traders have no recourse through a financial ombudsman or compensation scheme in case of disputes or broker failure. The FXCanary Scam Risk Score of 49/100 (Guarded) reflects these concerns, advising extreme caution.

No specific trading instruments are listed in our records for Avachoice. Given the lack of a functional brokerage website, it is unclear what assets – such as currency pairs, commodities, indices, or cryptocurrencies – are available for trading.

Traders should verify instrument availability directly with the broker, though the absence of a professional trading site is a red flag.