AvaTrade Reviews & Ratings
License: FSC of BVI, Central Bank of Ireland, ASIC, FSA Japan, FFA Japan, FSB
USA Accepted: No
Trust Score: 74
AvaTrade User ReviewsNo user reviews submitted yet
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What is Trust Score?
This is a rating out of 100 which we calculate for each broker based on a combination of factors, all of which you will find below on the scorecard.
Every broker starts with a base score of 100 and we subtract points according to what criteria they match in each category.
Whilst Trust Score provides a good insight into the broker's reputation, our overall rankings are based off our own thorough reviews plus the user reviews. Therefore, brokers with a high Trust Score aren't always guaranteed to be ranked at the top.
AvaTrade Scorecard - 74 / 100
|Category & Criteria||Point Deduction||Score|
|Years in operation|
|Over 10 years||0||0|
|Between 5-10 years||-1||0|
|Between 1-5 years||-2||0|
|Less than a year||-10||0|
|No phone number||-10||0|
|No e-mail address||-10||0|
|No live chat||-2||0|
|Social media accounts|
|No Facebook page||-5||0|
|No LinkedIn page||-5||0|
|No Twitter account||-3||0|
|No YouTube channel||-1||0|
|No Google+ account||-1||0|
|No Instagram account||-1||-1|
|Not on Apple App Store||-5||0|
|Not on Google Play||-5||0|
|Major partnerships / Public Exposure|
|No major partnerships||-5||-5|
|No negative balance protection||-20||-20|
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