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/10

AVANTGARDEFX

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://avantgarde-fx.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

United States United States 2.37
Surpassed 15.60% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://avantgarde-fx.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
AvantGardeFX
Email
support@avantgarde-fx.com
Account Info
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • avantgarde-fx.com
    23.111.184.111
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
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    Company
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Company Profile

Company Profile

Review summary

General Information & Regulation

Avantgarde FX, a trading name of Pure M Global LTD, is allegedly an unregulated forex broking firm founded in 1999 and registered in Vanuatu that claims to provide institutional clients with leverage up to 1:400 and variable spreads from 0.0 pips on the industry-standard MetaTrader4 and MetaTrader5 trading platforms, as well as a choice of three different live account types and 24/5 customer support service.

website

Market Instruments

Avantgarde FX advertises that it offers a wide selection of trading instruments in financial markets, including 58 forex pairs, 6 metals, 4 cryptocurrencies, 3 energy and 13 indices.

instruments

Account Types

Apart from demo accounts, there are three live trading account types offered by Avantgarde FX, namely MT5, Professional and VIP. Opening an MT5 account requires the minimum initial deposit amount of €500, while the other two account types have much higher minimum initial capital requirements of €3,000 and €50,000 respectively.

accounts

Leverage

A leverage ratio of up to 1:400 is offered by Avantgarde FX, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads & Commissions

Avantgarde FX claims that different account types can enjoy quite different spreads. Specifically, the spread starts from 2.5 pips on the MT5 account, 1.4 pips on the Professional account and 0.0 pips on the VIP account. All charging no commissions.

Trading Platform Available

Platforms available for trading at Avantgarde FX are MT5 Pure Terminal, MT5 Mobile, MT5 Pure Terminal, MT4 Web and Mobile. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

MT5

Deposit & Withdrawal

Avantgarde FX says to work with numerous means of deposit and withdrawal choices, consisting of Bank Wire, ETANA CUSTODY, CTB Bank, Neteller, Skrill, pix, TED, Bitcoin, Litecoin, Ethereum, Ripple, Fasapay and BOLETO. The minimum initial deposit requirement is said to be €500.

The broker also charges some deposit and withdrawal fees. To be specific, SEPA free, SWIFT €20 + 1.5% for Bank Wire deposits, the minimum $/€5,000 ETANA CUSTODY deposits require $20, 3.9% for Neteller and Skrill deposits, 0.5% for BOLETO deposits, while the left deposit methods are all free.

SEPA €5, SWIFT €30 + 2% for Bank Wire withdrawals, $25 for ETANA CUSTODY withdrawals, 1% in USD, $1 in NGN for CTB Bank withdrawals, 2% for Neteller withdrawals, 1% for Skrill withdrawals, 4% for pix, TED and BOLETO withdrawals, 0.005 BTC for Bitcoin withdrawals, 5 USDT for Litecoin withdrawals, 0.02 ETH for Ethereum withdrawals, 5 XRP for Ripple withdrawals and 0.5% for Fasapay withdrawals.

payments

Customer Support

Avantgarde FXs customer support can be reached by telephone: +44 20 36 088 986, email: support@avantgarde-fx.com, live chat or leave messages online to get in touch. Company address: POT 615/204 Rock Terrace Building, Kumul Highway, Port Vila, Vanuatu.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is AVANTGARDEFX a reliable or highly suspicious trading platform?

WikiFX has issued a severe risk warning for AvantGardeFX, indicating its operational profile is highly suspicious and it lacks credible regulatory oversight, which is reflected in its exceptionally low overall score of 1.55.

04-02
United States

What is the license number of AVANTGARDEFX?

AvantGardeFX does not hold any valid, verified licenses from mainstream financial authorities for forex trading.

04-02
United States

Where is AVANTGARDEFX registered?

AvantGardeFX is registered in the United Kingdom and has been operating for 5-10 years, though it functions without regulatory authorization in that jurisdiction or any other.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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