AVFX Capital Forex broker review — Everything you need to know

Minimum deposit

10 USD

Bonus

No current bonuses

Maximum leverage

1:1000

Year founded

2018

Regulation

SVGFSA

Trading platform

MT4, MT5, cTrader, Custom

AVFX Capital is the company’s trade name of the brokerage firm, AVFX Technology LLC. The company has been around since 2018, which makes it very experienced in the FX trading industry. It is a regulated broker that offers multiple trading accounts and advanced trading platforms. Since the broker has so many offerings, we decided to take a closer look at its services to define how reliable it actually is.

AVFX Capital Safety and Security Overview

AVFX Technology (SV) Limited is a brokerage company incorporated in St. Vincent & the Grenadines as an International Business Company. The company is also registered in several other jurisdictions including Dubai.

When it comes to licenses, it is regulated by the Financial Services Authority in St. Vincent and the Grenadines, and it is also regulated in the Republic of Georgia. Two licenses are always great and indicate the firm’s dedication to building trust and making itself trustworthy.

AVFX employs segregated accounts to keep trader funds, which is an important security policy ensuring broker operational funds are on different accounts from trader money.

AVFX Capital Overview of the website

The website of AVFX Capital Broker is user-friendly and responsive. There are all the important details offered on its menu except for account types. Users can just scroll to the main web page where there is a list of trading account types, but it is a drawback that the broker does not offer a dedicated menu for describing and comparing different accounts.

The live chat plugin is also built into the website and the broker also discloses all details about its license and offices worldwide which adds to its legitimacy.

Overall, the website is flexible and enables users to quickly navigate and find all important details about trading services or contact broker support for more details using the live chat plugin.

AVFX Capital Accounts Reviewed

The broker offers a wide range of different trading accounts including Mini, Classic, ECN, ECN Pro, Raw Spread, and Swap Free (Islamic). Let’s briefly review the essentials of each account type to see how attractive the broker’s offerings truly are.

AVFX Capital Mini Account

The Mini account is designed for beginners and has the following features:

Minimum deposit – 10 USD
Maximum leverage – 1:1000
Spreads from – From 1.2 pips
Commissions – 0 USD

As we can see, this account is perfect for general trading purposes and requires a very low budget to operate.

AVFX Capital Classic Account

The classic account offers slightly lower spreads but has higher minimum deposit requirements. Here are its main specs:

Minimum deposit – 500 USD
Maximum leverage – 1:500
Spreads from – From 1.1 pips
Commissions – 0 USD

This account only offers slightly lower spreads when compared to the mini account while requiring much higher deposit, making it unattractive when compared to Mini. The mini account is definitely a better choice here with higher leverage.

AVFX Capital ECN Account

Minimum deposit – 1,000 USD
Maximum leverage – 1:200
Spreads from – 1 pip
Commissions – 0 USD

This account has slightly higher execution speeds but spreads are not much lower than previous accounts. The minimum deposit being 1k USD makes it also unattractive as traders require a higher budget.

AVFX Capital ECN Pro Account

Minimum deposit – 2,000 USD
Maximum leverage – 1:200
Spreads from – From 0.8 pips
Commissions – 0 USD

This account is definitely better than the ECN account as it has even lower spreads and requires a higher deposit. The leverage, while lower, is still decent at 1:200.

AVFX Capital Raw Spread Account

Minimum deposit – 3,000 USD
Maximum leverage – 1:200
Spreads from – 0.0 pips
Commissions – 0.7 USD

From the bunch, this is the only account with 0 pips spreads which is suitable for scalpers. However, the minimum deposit is too high which makes it inaccessible to the general audience, which is a serious drawback.

AVFX Capital Swap Free Account

Minimum deposit – 5,000 USD
Maximum leverage – 1:200
Spreads from – From 1.2 pips
Commissions – 0 USD

The swap free account is for Islamic traders and offers swap-free trading for overnight trading. The spreads are from 1.2 pips which is slightly expensive.

Deposit and withdrawal options at AVFX Capital

The broker allows funding and withdrawals using several payment methods, such as wire transfers, Perfect Money, PayPal, Visa, MasterCard, Webmoney, bitcoin, and Ethereum. The broker advertises quick withdrawals but fails to provide details about processing times, which makes us think it actually has lengthy withdrawal policies. Deposits are instant and free of charge.

AVFX Capital Assets — What can you trade?

When it comes to available markets, the broker offers access to over 500 different instruments in FX, commodities, indices, shares, and cryptos. This is very advantageous for multi-asset traders and coupled with high leverages, traders can operate with enhanced trading power.

Trading platforms of AVFX Capital

The broker also offers access to a diverse set of advanced platforms including MT4, MT5, and cTrader. All these platforms offer advanced tools and allow custom indicators and Expert Advisors (EAs). The broker allows usage of EAs and offers mobile trading through MT5 and cTrader mobile apps. Mobile trading is accessible on both Android and iOS on smartphones and tablets.

Education at AVFX Capital

The broker lacks comprehensive educational resources such as trading courses and articles. There are no video guides but a webinar is available which is useful. However, the lack of proper learning materials is a downside for beginners seeking trading knowledge.

AVFX Capital Customer Support

Customer support is critical in FX trading and AVFX Capital offers live chat, email, and phone support options. The one downside is that both the website and support options are only available in the English language. The live chat is responsive and fast and enables traders to get immediate assistance while email and phone options also allow traders to get help. There is a WhatsApp number also available.

AVFX Capital bonuses and promotions

The broker does not offer bonuses such as deposit bonuses and welcome bonuses, which is a serious downside. The list of promotions is also limited as the broker focuses heavily on IB and affiliate programs

Is AVFX Capital your broker? Final verdict

AVFX Capital is a well-established, SVGFSA-regulated broker (since 2018) offering MT4, MT5, cTrader, and a custom wallet, plus over 500 trading instruments available and up to 1:1000 leverage. Its segregated accounts and several licenses make it relatively safer, but the high minimum deposit on premium accounts, sparse educational resources, no bonuses, and vague withdrawal timings are its main disadvantages.