Avatrdepro is a Contract for Difference (CFD) broker that registered its official domain on May 13, 2023. The broker primarily provides investment services in various trading markets, including Forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries or regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information on Avatrdepro's official website (avatrdepro.com) shows that the broker was established in 2016 and claims its company entity is ASN, regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed detailed company registration or regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) has no record of a regulated company named "ASN."
Therefore, Avatrdepro (avatrdepro.com) is actually an unregulated and fraudulent broker website.
Account Opening Process
To open a trading account with Avatrdepro: visit their official website, click on "Open Account" on the homepage or "SIGN UP" at 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 your account is verified, the registration will be successful.
Trading Instruments:
Avatrdepro provides customers with a variety of trading products, including Forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies and is known for its high liquidity, allowing traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, traders can discover diverse opportunities and leverage potential returns.
- Commodities: Commodity trading includes key resources of the global market, allowing traders to buy and sell various raw materials such as metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies, earning from price changes and dividends based on company performance without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from high-volatility assets.
Trading Accounts
The Avatrdepro website does not disclose information about account types, spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trade volumes, maximum positions/orders, or minimum price precision. The absence of these critical trading parameters may lead to unassessable risks and non-transparent costs.
Trading Platform
Avatrdepro provides a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds and more than 12,000 orders executed per second due to its extensive liquidity providers. However, clicking on the download link leads to the MT4 trading platform, where Avatrdepro cannot be found.
Deposits and Withdrawals
Avatrdepro does not support deposits and withdrawals through credit/debit cards or bank wire transfers but only allows transactions via cryptocurrencies.
Conclusion:
Traderknows reminds investors that Avatrdepro is actually a scam broker website with no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
