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avafx.com
Average Rating: 1.75 out of 5 stars
Count:5

Status: approved by moderator Rating: Date: 07/03/2009 1:31 PM Reviewer: Ahmed Location: Egypt Comments: user friendly platform, a lot of goods to trade, withdrawal on time

Status: approved by moderator Rating: Date: 12/27/2008 2:37 PM Reviewer: tadeusz57 Location: Poland Comments: AVA FX is a trustful broker. Their website is very interesting and informative. Technical analyses are being constantly updated and are of high quality and very reliable. They offer a signup bonus whose value depends on the amount of the initial deposit. Great, easily accessible and professional customer service.

Status: approved by moderator Rating: Date: 12/25/2008 5:19 AM Reviewer: Jasmine Location: Serbia Comments: I just tested this broker with smallest deposit and I can say just 2 positive things about them: - Their platform is simple and user friendly. You can trade and use all functions not to look at their manuals at all. - You can deposit money through credit or debit card in a seconds and you can trade in a minute. Other things are not so good: Required margin for their smallest trading lot of 5,000 their units is $25 and pip value is $0.5. You have to calculate how much money you have to deposit to trade safely. You will lose minimum possible deposit of $100 if you won’t have just winners, at least first 30 trades. Use money management calculator because Ava didn’t! Intentionally probably. Minimum deposit should be $500 in Ava's case. Demo account has nothing common with real account: first -demo is freezing every 5 minutes for period of a minute, 24 hours the same. I am running on my computers 3 other platforms and 6 other programs at the same time on 2 independent internet connections. And freezing is just on Ava’s demo. An average freezing on real account is 4 times per day (London and US session) for 30 seconds – enough to miss entry or close. 2nd, demo quotes have 1 second delay. So not serious for trading if you can see changes on other platform. 3rd, they have a demo with $100,000 only. Who will make a deposit of 100k with unregulated, BVI registered broker? My rule is: Serious broker will give you possibility to choose demo balance so trader can really see how to trade with his initial deposit on real account. This is important especially with Ava – to see if $100 deposit really works, which doesn’t in Ava’s case Support is great – to welcome you by phone in 5 minutes after you’ll open demo and in 2 minutes after open of real account. It’s different with emails: In welcome emails you’ll receive links which don’t work. They will work with manual typing in browser but not all again. If you’ll ask them where their FAQ is because link will give you their ‘Not Found’ page you won’t receive answer at all. But they sent this link twice. Similar is with other questions: On simple question you’ll receive immediate answer, difficult emails they will ignore, no any answer at all. Overall impression: I won't trade with AvaFx after this test. Most of the brokers are far ahead in all categories. Not to mention withdrawal problems as I read on this page.

Status: approved by moderator Rating: Date: 12/23/2008 11:30 PM Reviewer: Forexin Location: India Comments: Some withdrawals denied, almost all the live account holders have donated money to them. Make sure you dont become one.

Status: approved by moderator Rating: Date: 12/23/2008 2:26 PM Reviewer: TA Location: Jordan Comments: Their customer support is very very poor, I even thought they don't have any!!!

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