BrokersView has found that AVFX Capital appears to be a scam AVFX Capital is registered in both St. Vincent and Georgia. While this registration remains valid, neither the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) nor the National Bank of Georgia (NBG) has the authority to regulate forex trading, and does not constitute a valid forex license. Furthermore, AVFX Capital does not appear to be authorized by any reputable financial regulator, raising serious concerns about potential fraud.
AVFX Capital
VisitRisk Level - High
AVFX Capital
Risk Level - High
Scam Evidence & Warnings
Can I withdraw or deposit funds on holidays and on weekends when the market is closed? AVFX Capital is not a licensed or regulated broker even though it states offers that look good to be true. Nation FX claims to be owned and operated by AVFX Technology (SV) Ltd, a company registered with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 24760. However, SVG FSA does neither issue licenses for forex trading nor regulate entities engaging in forex services.We keep on reminding traders to be wary of offshore brokers in SVG as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc. View Source
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