Be Careful Trading at Avatrade
Be careful, traders; this broker is like a mafia. I once deposited as much as $500, there was already a report that my deposit was received, but it wasn't immediately listed in my account. When I complained, he said, "This is a third-party deposit party deposit, right?" I don't know, even though I also used my last name when I sent it. In essence, my money was lost and swallowed by this broker.
Reply: [7]
Hem,
Just use the eToro broker, I've WD many times, and it's been proven right.
Depo $500, how come the broker isn't regulated...??
It should be at a regulated broker for safety's sake...
It's a shame...
Is AvaTrade not regulated? This broker is still better than brokers like FBS or the red one...
Yes, that's right, depositing funds that are considered to be large amounts should be made at a broker whose regulations are clear, some sort of regulation from the US, UK, Australia, etc. Not an offshore country.
If I'm not mistaken, AvaTrade's company has been registered in the EU, Australia, and Japan. It's just a shame that the website is blocked in Indonesia...
I once had trading experience at AvaTrade. It was quite smooth, but not long after that, I switched to another broker because I was interested in the conditions and bonuses hehe... But what is clear while at Avatrade was that there were no negative impressions that I got
From the Jefta case, it looks like the problem is in registration. Maybe when I registered, I didn't go directly to the broker but through an IB or White Label who didn't work with AvaTrade anymore. Indeed, instead of having problems lately, it's better to register for an account directly with the official broker. Also, if you deposit, use the method that has been listed & allowed by the broker.