There are many companies in the Forex industry who will pretend to be an affiliate or another website of a well-known broker to use its reputation to gain clients for themselves. Such companies often use cloned websites and regulatory licenses to convince customers that it is a reliable company. This so-called Avatrade is one of them.

A fake broker claims that it offers low spreads and can make you become rich easily. Ridiculous! This illegal broker is just another scammer, no address, no contact information, no regulation…