Avatradex has been flagged by The Dutch Authority for the Financial Markets for "Market Manipulation (pump and dump schemes, wash trades, etc.)". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Avatradex. This company is a suspected boiler room, a form of online investment fraud. Avatradex has approached persons without being asked, to offer them investment proposals. A boiler room is... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://www.avatraecst.com/.
My withdrawal from Avatradex was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for close to eighteen months of being strung along.
Pros: Copy trading available|Instant funding|Real-time alerts
Cons: No fractional shares|Nothing significant
For anyone considering Avatradex, please be aware that this company has been flagged by The Dutch Authority for the Financial Markets. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
Tried to withdraw my funds from Avatradex and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
The hidden fees at Avatradex are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Real-time alerts|Personal attention
Cons: No crypto staking
I had high hopes for Avatradex after attending a webinar they hosted, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Comprehensive tools|Stable platform
Cons: Charting tools need more indicators
Several red flags with Avatradex: (1) They promise unrealistically high returns, (2) They're not registered with The Dutch Authority for the Financial Markets, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by The Dutch Authority for the Financial Markets|Cannot verify credentials
I was contacted by Avatradex through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns
Where do I even begin with Avatradex? for about three months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Regular platform improvements|Customizable dashboard|Quick verification|Market news feed
Cons: Account statements could be more detailed|Would like more payment methods