BrokersView has Reviewed that AVERAGE TRADING is an Unregulated Broker AVERAGE TRADING claims to be a subsidiary of AVERAGE TRADING, which is licensed and regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). However, we did not find any match results for this broker in the above two watchdogs' registries. Besides, AVERAGE TRADING also claims to be registered in the Cayman Islands. As per relevant law, the Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the Cayman Islands, which is responsible for managing the Cayman Islands currency, regulating and supervising financial services, and providing assistance to overseas regulatory authorities. However, no results are matching this broker in CIMA. The truth is, AVERAGE TRADING is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.

IS AVERAGE TRADING A SCAM? Dear Investor, AVERAGE TRADING is suspected to be a fraudulent broker platform. The platform claims to be regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). However, upon searching the databases of both ASIC and VFSC, we found no records related to AVERAGE TRADING. The regulatory information claimed by AVERAGE TRADING is highly likely to be fabricated to mislead traders into believing it is a compliant, licensed broker. This finding raises serious concerns that the platform may be a scam. If you trade with them, you will likely be unable to recover your funds. We strongly advise you to avoid any dealings with this platform, including providing them with your personal information. View Source

Does it have Islamic account? AVERAGE TRADING is not a licensed or regulated broker even though it states offers that look good to be true. AVERAGE TRADING claims to be a subsidiary of AVERAGE TRADING, which is licensed and regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). However, we did not find any match results for this broker in the above two watchdogs' registries.Besides, AVERAGE TRADING also claims to be registered in the Cayman Islands. As per relevant law, the Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the Cayman Islands, which is responsible for managing the Cayman Islands currency, regulating and supervising financial services, and providing assistance to overseas regulatory authorities. However, no results are matching this broker in CIMA.The truth is, AVERAGE TRADING is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like AVERAGE TRADING and trade with licensed brokers. View Source