AvenueCapitalVIP (avenuecapitalvip.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: www.avenuecapitalvip.com.
Do not be fooled by the professional-looking website. Behind the scenes, AvenueCapitalVIP (avenuecapitalvip.com) is disorganized and incompetent. I found them when my bank disappointed me and I searched for alternatives and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy to use platform|Clear documentation|Transparent fees|Social trading features
Cons: No crypto staking|No integrated tax optimization
The onboarding at AvenueCapitalVIP (avenuecapitalvip.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Market news feed|Excellent charting|Low minimum deposit
Cons: Cannot customize dashboard fully
Where do I even begin with AvenueCapitalVIP (avenuecapitalvip.com)? for about eight 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: High security standards|Copy trading available|Economic calendar
Cons: No dark mode on mobile
My card was charged twice by AvenueCapitalVIP (avenuecapitalvip.com) on the same day. I had to dispute it with my bank. AvenueCapitalVIP (avenuecapitalvip.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Full transparency|Great customer service|No hidden fees|Tax reports included
Cons: No phone support on weekends|Some tools only available on higher tiers
I wanted to transfer my portfolio from another broker to AvenueCapitalVIP (avenuecapitalvip.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Good mobile app|Market news feed|API access
Cons: Help articles are sometimes vague|Email notifications too frequent
AvenueCapitalVIP (avenuecapitalvip.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Full transparency|Stable platform|Low minimum deposit
Cons: Some tools only available on higher tiers
The only good thing about AvenueCapitalVIP (avenuecapitalvip.com) is that they remind you why regulation matters. I found them after my brother mentioned them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Fast execution|Real-time alerts
Cons: Onboarding videos are outdated|Research section could be deeper
AvenueCapitalVIP (avenuecapitalvip.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Clear documentation|Two-factor authentication
Cons: Minor UI glitches occasionally
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. AvenueCapitalVIP (avenuecapitalvip.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Multi-currency support|Demo account available
Cons: Inactivity fee applies after 12 months
The so-called education at AvenueCapitalVIP (avenuecapitalvip.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about eight months thinking they would help me learn.
Pros: Dividend tracking|Multiple order types|Wide product range|Quick verification
Cons: Search feature is basic