Avonequitiesltd is a CFD broker whose official website domain was registered on May 31, 2024. This broker mainly provides investment services in trading markets such as Forex, digital currencies, precious metals, commodities, and funds for retail and institutional clients. It does not offer services in countries or regions where doing so would violate local laws or regulations.
Company Registration and Regulatory Status
According to publicly available information on the official website (www.avonequitiesltd.com), the broker operates under the trade name "Avon Equities". Its services are regulated by financial authorities in New Zealand. The terms of service page states that any litigation arising from the website terms must be conducted in courts located in New Zealand. Clicking "Legal" at the bottom of the website redirects to the New Zealand Companies Register, showing the company registered as AVON EQUITIES LIMITED with the registration number 1731778. Additionally, the "Packages" page on the broker's website claims that it is regulated by financial authorities in the United States.
Upon investigation, no registration information for a company named "Avonequitiesltd" was found with the US National Futures Association (NFA) or the Financial Industry Regulatory Authority (FINRA). Similarly, no regulatory information for AVON EQUITIES LIMITED was found in the New Zealand Financial Service Providers Register.
Therefore, Avonequitiesltd (www.avonequitiesltd.com) is actually an unregulated scam broker.
Account Opening Process
The account opening process for Avonequitiesltd trading accounts is as follows: Open the broker's official website, click on "REGISTER NOW" or "Join Now" in the top right corner to access the account registration page. Fill in the required personal information such as name and email, set a login password, and submit. Once the account is verified, registration is complete.
Investment Plans
Avonequitiesltd offers users four investment plans: Basic Plan, Premium Plan, Mining Plan, and Mining Pro Plan.
Basic Plan:
- Trading cycle: 24 hours
- Minimum deposit: $100
- Maximum deposit: $2,999
- Referral bonus: 5%
- Enhanced security
- 24/7 dedicated support service
- Daily return rate: 1.55%
Premium Plan:
- Trading cycle: 5 days
- Minimum deposit: $3,000
- Maximum deposit: $9,999
- Referral bonus: 5%
- Enhanced security
- 24/7 dedicated support service
- Return rate: 10%
Mining Plan:
- Trading cycle: 10 days
- Minimum deposit: $10,000
- Maximum deposit: $39,999
- Referral bonus: 5%
- Enhanced security
- 24/7 dedicated support service
- Return rate: 30%
Mining Pro Plan:
- Trading cycle: 20 days
- Minimum deposit: $20,000
- Maximum deposit: Unlimited
- Referral bonus: 5%
- Enhanced security
- 24/7 dedicated support service
- Daily return rate: 85%
Trading Platform:
Avonequitiesltd offers a self-developed trading platform; however, it does not provide detailed information about it and is limited to web access only.
Deposits and Withdrawals:
Avonequitiesltd supports deposits and withdrawals via cryptocurrency.
Summary:
Traderknows reminds investors that Avonequitiesltd is a fraudulent broker luring investors with promises of high returns, but in reality, it lacks any regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
