What is Avon Capital Market？
Avon Capital Market, a company originally based in the United Kingdom and with branch offices in UAE and France, offers its clients a wide range of financial instruments such as Forex, Shares, Metals, Commodities, Indices, and Bonds. It's important to note, though, that they currently operate without any authorized regulatory oversight, which could raise questions about their legitimacy and reliability.
In our forthcoming article, we will provide a detailed and organized review of the broker's services and products. We encourage those who are interested to read on for more in-depth information. We will conclude with a succinct summary emphasizing the unique aspects of the broker for easy comprehension.
Pros & Cons
Pros:
Multiple Instruments: Avon Capital Markets provides a wide array of more than 100,000 trading instruments, allowing traders access to different markets and the ability to diversify their portfolio.
MT5 Platform: The Meta Trader 5 platform being used by Avon Capital Markets is a dynamic and user-friendly interface that assists traders in navigating the trading environment effectively.
Trading Protections: Margin call, stop loss, negative balance protection, and insurance are implemented, providing a layer of risk management for traders.
Tiered Account Types: The broker offers 5 different accounts suited to various trading needs, whether for beginners or experienced traders.
Educational Resources: Educational resources are available which offer valuable information to traders about forex basics, trading principles, and forex trading strategies.
Multilingual Support: Avon Capital Markets provides customer service in multiple languages such as English, Spanish and Malay, making it more accessible to clients around the world.
Cons:
Unregulated: Avon Capital Markets lacks operational regulation. For many traders, this could be a red flag as it questions the broker's commitment to maintaining transparency and adhering to regulatory compliance.
Limited Information on Commissions: There is inadequate information about the broker‘s commission structure available, which impair traders’ ability to make informed cost calculations.
Is Avon Capital Market Safe or Scam？
When considering the safety of a brokerage like Avon Capital Market or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
User feedback: To get a deeper understanding of the broker, it is suggested that traders explore reviews and feedback from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.
Security measures: Avon Capital Market LLC offers Negative Balance Protection, automatically resetting a client's balance to zero in case of market volatility. It also includes a €2,500,000 Civil Liability insurance program, providing comprehensive coverage against various risks, thus safeguarding clients' financial interests. Additionally, Avon Capital Market LLC also offers risk management tools including Margin Calls and Stop Loss mechanisms to protect clients' investments from significant market fluctuations.
Ultimately, the decision to trade with Avon Capital Market resides with the individual. It is recommended to carefully weigh risks and returns before engaging in any substantial trading activities.
Market Instruments
Avon Capital Market provides a diverse array of financial instruments to its clients. These include Forex for currency trading on the global exchange with over 60 currency pairs, Shares for those investing in equity markets with more than 10000 stocks, and Metals, which can offer a reliable hedge against inflation.
They also facilitate trading in Commodities like oil and grain, Indices representing various economic sectors, and Bonds for those looking for safer, fixed-income investments.
This wide spectrum of financial instruments allows traders and investors to diversify and optimize their portfolios according to their risk tolerance and investment goals.
Account Types
Avon Capital Market provides an assortment of account types designed for different financial capacities and goals of a broad range of customers.
Their account types include Standard account, Classic account, Expert account, Master account, and VIP account. To open these accounts, minimum deposits of $200, $1000, $5000, $10000, and $25000 are required respectively, each progressively offering higher levels of service, broader market access, and personalised support.
Most notably, Avon Capital Market demonstrates inclusive consideration for all its clients by offering the option of an Islamic account for all these account types, ensuring they comply with Sharia law.
Leverage
Avon Capital Market's five types of accounts – Standard, Classic, Expert, Master, and VIP, each offers different levels of leverage.
The Standard and Classic accounts provide a leverage of 1:400, allowing investors to trade with an amount 400 times their initial deposit.
The Expert account steps up the leverage to 1:500. The Master and VIP accounts further enhance their offering by providing a remarkably high leverage of 1:1000.
These options help experienced traders to potentially achieve higher returns on their investments, although they should at the same time be mindful of the increased risks associated with higher leverage.
Spreads & Commissions
Avon Capital Market offers a range of account types with varying spreads, beginning from 0.0 pips. The STANDARD, CLASSIC, EXPERT, MASTER, and VIP accounts have maximum spreads of up to 5.5 pips, 4.5 pips, 3.5 pips, 2.5 pips, and 1.5 pips respectively. This allows flexibility for traders based on their trading strategy and risk appetite.
However, information on the commission fees is not explicitly specified, which implies that traders need to check with the platform or customer support for details on potential commissions tied to trades.
Trading Platforms
Avon Capital Market's trading platform is an advanced and dynamic system designed for traders of all levels. The platform is readily compatible with Meta Trader 5 and supports various operating systems such as Windows, along with iOS and Android for mobile users.
The flexibility and convenience are unrivaled, enabling our clients to manage their trading activities seamlessly from their desktop or on the go. Additionally, the platform extends support to WebTrader, providing an easy and accessible web-based trading experience.
As such, Avon Capital Market combines technology, accessibility and user-friendly interfaces to form a platform that effectively meets the diverse needs of modern traders.
Trading Tools
Among its suite of powerful trading tools, Avon Capital Market offers Market Analysis & Forecasts as well as an Economic Calendar.
The comprehensive market analysis guides traders by presenting an in-depth review of past market performance, predicting future trends and price movements. The forecasts, built on methodologies robustly backed by data, provide various potential scenarios in markets to assist in strategising trades.
Furthermore, the Economic Calendar is a crucial tool that incorporates global financial events that may influence the markets. This up-to-date schedule of financial announcements, policy decisions and key events cater to various trading styles, delivering an overall holistic trading experience.
Copy Trading
Avon Capital Market features copy trading in its ecosystem of offerings. This tool allows clients to effectively replicate the trades of experienced and successful traders in real-time. It enables beginners or those with limited knowledge to take part in trading by following seasoned investors, thus bridging the gap between inexperienced and experienced investors.
Deposit & Withdrawal
Avon Capital Market offers flexibility in terms of payment methods, accommodating credit cards, debit cards, payment wallets such as Neteller and Skrill, online banking, cryptocurrency and bank wire transfers.
While the broker does not charge deposit fees, withdrawal fees are applied for some payment methods. Each payment method comes with its own set of available currencies, fee structures for withdrawal, and processing time. For detailed information you can visit https://avoncm.com/funding-2/for deposits and https://avoncm.com/withdraw-funds/ for withdrawals.
Customer Service
Avon Capital Market delivers comprehensive support to its clients across the globe. Its customer support service is accessible 24 hours a day, 5 days a week, in 10 different languages to ensure the needs of a diverse clientele are aptly met.
Customers can reach out for support via the Contact Us form, phone, email, or physical mailing addresses for offices, depending on what's most convenient for them.
Additionally, a live chat option is also available for customers who prefer real-time interaction.
UK OFFICE: 165-54 Attmon Street, Lei-on-Dary, West Dulwich, United Kingdom.UAE OFFICE: RKM Bldg, Near All Qiyadah Metro Station, Abu Hail, Dubai, UAE.LONDON (CORPORATE OFFICE): 12, VinceStreet, Dalai, London.OTHER OFFICE: Mary Park, 122-44, De-la-Valie, France.Email: support@avoncm.com(Support Desk); accounts@avoncm.com(Account Care).
Phone support in different languages:
English: +65 873827282.
Portuguese: +351 32 38 2647 89.
Spanish: +52 09983 9787;+34 43423 12444.
Malay: +60 43 4 3 41 40 7.
Educational Resources
Avon Capital Market offers comprehensive guides on Forex basics, which is an invaluable resource for beginners to understand the core principles of forex trading.
For those ready to embark on their trading journey, a step-by-step guideline on 'How to Start Trading' has been prepared.
'Trading Principles' are elaborated to instill essential knowledge and best practice techniques.
On top of that, they offer a selection of 'Forex Trading Strategies', enabling clients to understand various trading tactics and execute trades more effectively.
Conclusion
Avon Capital Market, headquartered in the United Kingdom and having branch offices in France and UAE, offers a varied selection of trading instruments including Forex, Shares, Metals, Commodities, Indices, Bonds. The firm doesn't hold operational regulations which prompts concerns regarding its dedication to regulatory adherence and customers' interest protection.
Thus, we recommend you to undertake investigation before starting any trading activities, or consider other brokers prioritizing regulatory transparency and consumer protection.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2024-01-19 23:19
2023-12-28 14:01
