AvalonCapitalfx (avaloncapitalfx.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: avaloncapitalfx.com.
I lost a significant amount because AvalonCapitalfx (avaloncapitalfx.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Fast deposits|Good analytical tools|Portfolio tracking tools
Cons: Would like more payment methods
AvalonCapitalfx (avaloncapitalfx.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Portfolio tracking tools|Copy trading available
Cons: Inactivity fee applies after 12 months|Live chat only during business hours