Avon Equities has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators". We are concerned that Avon Equities and its website may be operating a scam.
Avon Equities website offers investment packages, falsely claiming to be based and regulated in New Zealand. We are also aware of client funds being withheld.
Avon Equities is not registered on the Financial Servic... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
For anyone considering Avon Equities, please be aware that this company has been flagged by Financial Markets Authority. 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.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I lost a significant amount because Avon Equities 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: Economic calendar|Regular updates
Cons: Limited cryptocurrency options
Avon Equities locked my account without warning and demanded documents I had already submitted. for close to eighteen months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Fast support response|Intuitive for beginners|Regular platform improvements
Cons: Wish they had more educational resources
I am in a dispute with Avon Equities over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Responsive team|Competitive fees|Clear documentation
Cons: Mobile app could be improved
The spread at Avon Equities is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.
Pros: Social trading features|Automated trading options
Cons: Website design could be more modern
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Avon Equities is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Blocked my account|No legitimate license|Fake returns
Avon Equities 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: Excellent charting|Regular platform improvements
Cons: No integrated tax optimization
I invested $5,000 with Avon Equities after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The so-called education at Avon Equities 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 the past six months thinking they would help me learn.
Pros: Stable platform|Customizable dashboard
Cons: Spreads widen during volatile periods
After seeing ads for Avon Equities online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Not registered with regulators|Unrealistic promises