AvaTrade Review

Dear Traders,
I am writing this review so you're aware of this company's lack of respect to their customers who have lost money or trade due to their platform's technical issues. I will publish evidence of their lies and dismanagements very soon, as I am completely disappointed with their customer services very poor response to my complain, as their only solution was for me to uninstall and reinstall their program despite it being a mistake on their side!
Ali Reza M.

On May 1, 2023, AvaTrade blocked their vib accounts and withdrew part of the funds, however, they did not withdraw all the funds that I deposited from 04/19/2023 to my card.
On April 19, 2023, I topped up my account number 6036297 in the amount of $5,000 from my bank card.
On April 20, 2023, I replenish my account with another $4,400 from the same card.
On 04/25/2023, I replenish the same account in the amount of $1,540 from my PerfectMoney wallet.
I trade, open trades, and the amount in my account is 15801.73 dollars.
Next: my account is blocked and the amount of $7,530 is returned to my card (let me remind you that $9,400 was entered through the card). It turns out that AvaTrade appropriated 1870 US dollars from this money.
Moreover, not a single cent came to my Perfect Money wallet either (while the replenishment on 04/25/2023 was in the amount of 1540 US dollars).
It turns out that in total, AvaTrade illegally deducted 3410 (three thousand four hundred and ten) US dollars from my account.
I understand that they (for some reason) canceled the last trades and profits on them, but then they should have canceled the payment of the commission on these transactions. Accordingly, when blocking my personal account and accounts, they had to withdraw to me all the money that was in the account before the disputed transactions were made (04/25/2023, 14:56:46 and 04/25/2023, 14:56:45), then there is 10940 dollars (they returned me only 7530 dollars).
If AvaTrade representatives read these reviews, I would like to clarify one more important question with them. On one of the accounts, the amount of compensation for the negative balance: 5369 dollars, and the amount of write-off by the company on 05/01/2023: 8271 US dollars. So my biggest question is where did this $8271 come from??? Logically, the write-off should be equal to the amount of compensation, that is, 5369 dollars. Why did they write off 2902 US dollars more? There is no way to explain this at all. This is outright theft.
I demand that you refund me the amount of replenishment in the amount of 10940 dollars, of which you returned only 7530 dollars to the card. That is, you are obliged to return another 3410 dollars to me (1540 - to Perfect Money and 1870 - to the bank card from which the replenishment was made).

Apr 5, 2020 - 3 Stars Hello! My name is Alexander Prosin. My account number on AvaTrade.com is 6036939.
 On March 26, 2020 I replenished my account with AvaTrade.com for $ 474.37. On March 29, 2020, I made a profit of $ 3,313. Then, within a week, I withdrew 3287 USD in several transactions. This week, from March 29, 2020 to April 3, 2020, I did not make any transactions on the account, as evidenced by the history of transactions in MT4 (there are screenshots). On April 3, 2020, after transferring 10 USD from account 6036939 to account 6036297, 490 USD remained on account 6036939. But on April 3, 2020 at 15:08 (according to the time of the trading terminal), all remaining money was deducted from my account, that is, an amount of $ 490. My account is reset. It was 490 USD, it became - 0 USD. However, I did not make a single transaction.
The write-off comment states: "Roll Over Adjustment". That is, if I understand correctly, AVATrade.com wants to explain this write-off as a fee for transferring the position to the next day? Then the question is: why did the company wait a whole week before debiting my money? After all, I opened the deal on March 26, 2020 and closed it on March 29, 2020, and the position transfer fee was written off only on April 3, 2020. And this is a very large position transfer fee - 490 USD. Don't you think? At the same time, I replenished the account with only 474 USD. This is similar to AVATrade.com fraud. I think they just appropriated my money, referring to Roll Over.
I ask AVATrade.com to cancel the illegal debit from my account 490 USD and return my money, in the amount of 490 USD, to my account 6036939.

Reply by AvaTrade CCare submitted Apr 6, 2020 Dear Alexandr,

We firstly wish to highlight we are pleased to be in direct contact with you through our Customer Service Team who are assisting you in answering your questions.

The information of Rollovers can be seen here at our website: https://www.avatrade.com/trading-info/cfd-rollover-dates

Should you require any clarification at all, please continue to liaise with us via customer service, and we will, of course, continue to clarify anything you wish.

Warm regards,
The AvaTrade Team

AvaTrade is scam fraud and theft since its foundation in 2006 which was then called avafx.com.

AvaTrade is banned in more than 20 countries including Belgium and Poland.

The CNMV of Spain sends a report lying to the judge to protect AvaTrade.

AvaTrade loses to WIPO or WIPO the domains avatrade-afectados.es, avatrade-afectados.mx and estafavatradetrade99.com.

AvaTrade steals from me using its most widespread methods of theft the helicopter and the AvaPartner.

i usually Give my opinion here at Forexpeacearmy , based on my personal experience, i got My Withdrawal just a while ago so the Avatrade is Not a Scam but yes they are Terrible for One Reason and that is either they are completely ignorant People who are part of the Administration , those people Dont even Know that their Demo accounts are different From Real Servers.
Or they completely Lied to me when i confirmed this thing more than three times , now i got only 5.6 USD loss , after 113 trades , broker Real account has following problems.
1.They have stop hunting.
2.They have much less Slippages but still they have but always say that their Demo also have slippages but that account literally does not have any slippages.
3.Execution is completely different at real accounts from Demo.
4. either i place 5 pip SL or 1 pip SL , my EA always recieved errors from brokers for Invalid SL...what a pitty , broker does not even accept 5 Pips SL with only 3 point spread of crude OIL? shame on you avatrade
5. they dont want you to scalp in real account , but in demo they are less strict.
this is a honest review from a hard work trader, i am a extreme scalper , my advice to scalper stay away from these liers who are sitting in the administration if they really Lied to me...or they are completely ignorant of demo account characteristics.
now a memebr of Avatrade will come and will answer my this review...but before you put your mouth anything against me , Just go and talk to your Administration and teach them if they are ignorant Or stop them if they are lying.

No matter how everything is all perfect in your account, withdrawal is a nightmare, despite the follow ups, customer service are like robots, account managers attitude is horrible specially when it comes to withdrawal requests.

Whoever plan to setup a trading account must think twice, and get prepared to face the ugly face of Avatrade