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AvaStocks Review - Can I Trust This Broker? - WikiFX

WikiFX | 2025-04-30 15:33

Abstract:AvaStocks markets is a trading platform only with suspicious clone licenses. There is no demo account and no trading condition details.

AvaStocks Review Summary
Founded2019
Registered Country/RegionIreland
RegulationSuspicious Clone: ASIC, FSA, FSCA
Market InstrumentsCurrencies, stocks, commodities, and indices
Demo Account❌
Leverage/
Spread/
Trading PlatformsMT4, WebTrader, DupliTrade, ZuluTrade
Minimum Deposit/
Customer Support/

Founded in 2019 and registered in Ireland, AvaStocks is a trading platform with suspicious clone licenses. It claims to offer currencies, stocks, commodities, and indices on the MT4, WebTrader, DupliTrade, and ZuluTrade trading platforms.However, there is no demo account, no trading condition details, and no available customer support contact information.

AvaStocks' homepage

Pros and Cons

Pros Cons
Various tradable assetsSuspicious Clone license under ASIC, FSA, and FSCA
MT4 supportedLimited info on accounts
Limited info on trading fees
No demo accounts

Is AvaStocks Legit?

At present, AvaStocks holds suspicious clone licenses under ASIC, FSA, AND FSCA. We recommend you to look for other regulated companies.

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
Australia
The Australian Securities and Investments Commission (ASIC)Suspicious cloneAVA CAPITAL MARKETS AUSTRALIA PTY LTDMarket Maker (MM)000406684
Japan
The Financial Services Agency (FSA)Suspicious cloneアヴァトレード・ジャパン株式会社Retail Forex License関東財務局長(金商)第1662号
South Africa
The Financial Sector Conduct Authority (FSCA)Suspicious cloneAVA CAPITAL MARKETS (PTY) LTDRetail Forex License45984
Suspicious clone ASIC license
Suspicious clone FSA license
Suspicious clone FSCA license

What Can I Trade on AvaStocks?

On AvaStocks, you can trade with currencies, stocks, commodities, and indices.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Stocks✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
Mutual Funds❌
What Can I Trade on AvaStocks?

Spreads and Commissions

Though AvaStocks claims to offer zero commissions, we didn't find any detailed info about spreads nor commission.

0 commissions

Trading Platform

Trading PlatformSupported Suitable for
MT4✔Beginners
MT5❌Experienced traders
WebTrader✔/
DupliTrade ✔Experienced traders
ZuluTrade✔Experienced traders
Trading Platform

Related broker

Unverified
AvaStocks
Company name:AVA Trade EU Ltd
Score
1.43
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.43

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