AVFX Capital Forex Review

Read our full AVFX Capital review to get exact details about their safety, accounts, spreads, platforms, assets, support, and many more. Our unbiased AVFX Capital opinion allows our readers to decide whether AVFX Capital is a reliable broker.

AVFX Capital Forex Broker History

Founded in 2018, AVFX Capital operates under AVFX Technology LLC and has built extensive experience in the FX trading industry. The broker is headquartered in St. Vincent and the Grenadines but has offices in Georgia and Dubai as well. As a result, AVFX Capital is the broker that aims to attract clients across the globe and provides a multitude of different trading accounts and several advanced trading platforms.

AVFX Capital broker safety

The broker is licensed by the St. Vincent & Grenadines Financial Services Authority (SVGFSA) and registered with Georgia’s financial watchdog. Client deposits are held in segregated bank accounts, keeping trader funds separate from the broker’s operating capital, which is key in the financial trading industry. Despite having two licenses, the broker holds mainly offshore and lower-tier regulatory licenses, which still leaves room for scams and fraud and traders should be careful.

When it comes to negative balance protection, a policy that prevents traders from being liable for losses beyond their account balance, the broker does offer it to retail clients only, which is a common approach.

AVFX Capital Broker Review of Accounts

When it comes to accounts, AVFX Capital provides many choices. There are six different types offered each of which is suitable for traders at different experience levels.

The AVFX Capital Mini trading account has the following features:

• Minimum deposit – 10 USD
• Maximum leverage – 1:1000
• Spreads from – From 1.2 pips
• Commissions – 0 USD

The AVFX Capital Classic trading account offers the following features:

• Minimum deposit – 500 USD
• Maximum leverage – 1:500
• Spreads from – From 1.1 pips
• Commissions – 0 USD

The AVFX Capital ECN trading account offers the following:

• Minimum deposit – 1,000 USD
• Maximum leverage – 1:200
• Spreads from – 1 pip
• Commissions – 0 USD

The AVFX Capital ECN Pro trading account offers the following:

• Minimum deposit – 2,000 USD
• Maximum leverage – 1:200
• Spreads from – From 0.8 pips
• Commissions – 0 USD

The AVFX Capital Raw Spread trading account offers the following:

• Minimum deposit – 3,000 USD
• Maximum leverage – 1:200
• Spreads from – 0.0 pips
• Commissions – 0.7 USD

The AVFX Capital Swap Free trading account is a dedicated Islamic account with the following specs:

• Minimum deposit – 5,000 USD
• Maximum leverage – 1:200
• Spreads from – From 1.2 pips
• Commissions – 0 USD

As we can see, any trader can find a suitable account type depending on their needs and budget. However, a low-spread account has a high minimum deposit requirement, which is a serious downside for scalpers.

AVFX Capital instruments

Traders can access more than 500 markets, including currency pairs, commodities, indices, equities, and digital currencies. This is ideal for those who seek to diversify their trading across different asset classes. The leverage is high and spreads are competitive even on the Mini account which is a cent account analog.

AVFX Capital Reviews of Trading Platforms

AVFX Capital broker provides access to advanced MetaTrader 4, MetaTrader 5, and cTrader trading software platforms. These platforms support custom indicators and EAs, which is very useful for algorithmic trading. All three platforms are available as mobile apps, accessible on iOS and Android, enabling traders to speculate all the available markets on the go.

AVFX Capital Forex Review of Extra Features

The broker offers several extra features such as educational resources which are limited only to webinars and copy trading services. There are no extensive educational resources such as video guides and trading courses nor are there articles and blogs. No active deposit or welcome bonuses; referral and affiliate programs are available.

AVFX Capital Reviews of Customer Support

AVFX customer support experience is provided through several channels including 24/5 live chat, phone support, and email options. There is also WhatsApp support provided. All these methods are responsive and allow quick assistance to traders. The broker does not offer a multilingual website and support, which is a drawback.

AVFX Capital Deposit and Withdrawal

The broker accepts several funding methods: Bank transfers, Visa/MasterCard, PayPal, Perfect Money, WebMoney, Bitcoin, and Ethereum. Deposits are instant and fee-free, but withdrawal details are not clearly disclosed, which is a red flag. This suggests there could be potential delays in withdrawal processing times, which is never a good thing.

AVFX Capital Review Conclusion – can you trust AVFX Capital?

With dual regulatory registrations, segregated accounts, and a robust platform suite, AVFX Capital presents itself as a credible and reliable broker. However, its drawbacks include high entry costs for premium accounts, scarce learning materials, and opaque withdrawal policies.

Overall, AVFX broker suits experienced traders who value platform diversity and instrument variety over educational support and promotional support.

FAQs on AVFX Capital

Is AVFX Capital a scam?

AVFX Capital scam has a relatively low possibility as its SVGFSA license and additional registrations underpin its legitimacy.

What is the AVFX Capital minimum deposit?

The smallest minimum deposit is required on the Mini account and it starts at just 10 dollars.

Is AVFX Capital a cheap broker?

The Mini account’s low barrier makes it budget-friendly, but higher-tier accounts require very high minimum capital, which is not competitive.