Avaz Trade is a Contract for Difference (CFD) broker whose official website domain was registered on December 22, 2023. The broker primarily offers investment services in various trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where doing so might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the Avaz Trade (avaztrade.live) website, the broker was established in 2016, claiming its company entity is VLS and it is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose detailed company registration information or regulatory details.
Upon investigation, it was found that the Australian Securities and Investments Commission (ASIC) does not list any regulated company named "VLS."
Therefore, avaztrade.live (avaztrade.live) is actually a fraudulent broker website with no company entity or regulatory oversight.
Account Opening Process
To open a trading account with Avaz Trade, visit the broker's website, click on "Open Account" on the homepage or "SIGN UP" in the upper right corner to access the account registration page. Fill in the required personal information such as name and email, set a login password, and submit. Once the account is verified, registration is complete.
Trading Instruments
Avaz Trade offers customers a variety of trading instruments, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Indices trading allows speculation on the performance of an entire market or a specific sector without trading individual stocks. By exploring popular indices, diverse trading opportunities can be discovered, and high leverage can enhance potential returns.
- Commodities: Commodities trading covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in public companies' price movements, earning from price changes and dividends based on the company's performance, without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
Avaz Trade offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Trader education
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Full benefits
- Trader education
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Use with any broker
Trading Platform
Avaz Trade offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with an integrated liquidity provider network executing over 12,000 orders per second.
Deposit and Withdrawal
Avaz Trade does not support deposits and withdrawals via credit card or bank transfer; it only supports transactions through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Avaz Trade is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
