Read our AVSTrade review to see if we recommend this broker for trading. Just to clear doubts, this is a avstrade.me review. How the project is searched:
- AVSTrade review,
- avstrade.me review,
- Broker AVSTrade,
- AVSTrade scam or legit,
- AVSTrade chargeback.
Is AVSTrade Scam or Legit Broker?
In the world of investments and financial opportunities, it is crucial to be vigilant and carefully evaluate every project before making a decision. One project that has caught our attention and that we want to warn you about is the AVSTrade company (according to AVSTrade reviews).
However, there are significant risks associated with fake brokers, and we want to warn you about the AVSTrade project, which has been identified as an unregulated and unscrupulous broker. It’s essential to be aware of the signs indicating a fake broker and to avoid collaborating with such entities to protect your financial interests.
About AVSTrade
AVSTrade review – What the company says about itself: The founder, Sergey Mekhantev, began his acquaintance with the crypto market in 2017. At that time, he has already had 12 years of experience in the stock market and the Forex market.
Starting as a beginner and reaching the level of a successful trader, who has been included in the TOP-30 according to Binance Futures, Sergey decides to create his own terminal for trading on crypto exchanges. His goal was to develop a platform that would satisfy the requirements of both experienced traders and beginners, providing them with unique opportunities and tools for successful trading.
While it may seem enticing at first glance, this project is, in fact, a classic example of a scam project, which has the potential to bring you more loss than gain.
AVSTrade signs of a Fake Broker:
According to the presented results of ex-traders of this project, AVSTrade review, which, by the way, are quite negative and unprofitable, the AVSTrade company does not withdraw money, which, in principle, was quite expected and logical, also based on the previously mentioned provisions.
- Lack of Regulation: One of the major signs of a fake broker is the absence of proper regulation by financial authorities. Legitimate brokers are subject to strict rules and standards imposed by regulatory organizations.
- Unrealistic Promises: Fake brokers like AVSTrade may make unrealistic promises of quick and substantial earnings to lure clients. These exaggerated promises should be treated with skepticism.
- Weak Contacts and Support: A fake broker may have poorly defined contact details and may avoid providing complete and transparent information about their services.
- Lack of Transparency: Transparency regarding fees, commissions, and the trading process is crucial. Fake brokers may hide this information or be evasive about it. (according to AVSTrade reviews)
avstrade.me disadvantages of collaborating with a Fake Broker:
Loss of Funds: Collaborating with a fake broker can expose you to the risk of losing significant investments as they can manipulate trades to their advantage.
Theft of Personal Information: Fake brokers may request and use sensitive personal information for fraudulent purposes, such as identity theft.
Negative Experience: Collaborating with an unscrupulous broker can lead to a negative financial and emotional experience, with a loss of trust in the market and investments.
AVSTrade Conclusion
AVSTrade Review, avstrade.me Scam or Legit? In conclusion, avoid collaborating with the fake broker AVSTrade and any other broker exhibiting signs of lack of regulation and transparency. Protect your financial interests and always choose legitimate and regulated brokers to ensure a safe and trustworthy investment experience.
How to Protect Yourself:
- Check Licensing and Regulation: Always verify if the broker is authorized and regulated by a trusted financial authority.
- Research Carefully: Conduct thorough research and read independent reviews to assess the broker’s reputation.
- Be Skeptical: Be skeptical of unrealistic promises of earnings and avoid collaborating with brokers pressuring you to make large deposits.
- Request Information: Request complete and transparent information about fees, commissions, and trading regulations.
Pros
Cons
- Not found
- Fake broker
- Dangerous scammers
- Fraud and money scam
- Low project quality
- Fake contact information
Tomas
November 8, 2023 / at 9:54 am
Their authentication system was ineffective and susceptible to hacking, which compromised the security of my account.
Kylian
November 8, 2023 / at 3:03 am
My time with this company was a very bad experience but the above made sure they didn’t run away with my money. Please stay away and choose those regulated brokers.