Avex Market Broker Review

Broker introduction

Avex Market is now a prominent name in the field of cryptocurrency trading. Since its foundation in 2001, it has become an established name and many traders have seen what they can get from the platform when signing up.

The firm complies with international standards like Anti-Money Laundering Policy (AML) and Know Your Client (KYC), with a goal to filter out high-risk individuals. At the same time, Avex Market values customer privacy and grants strong financial security by covering some of the most trusted payment solutions in the market.

Traders from a range of countries can sign up for an account, but there are still limitations. US citizens, for example, and those with tax obligations in the US, can’t hold an account with Avex Market. Also, those living in countries where crypto trading is prohibited by law are not allowed access to the company’s services.

Platform review

With a vast crypto trading offering, Avex Market covers a range of tokens. You can trade them on margin, benefiting from attractive costs and no commissions.

Trade execution is solid – these are derivatives, and you don’t buy and store the underlying assets. Alongside this, traders also benefit from high financial security. The instruments made available by Avex Market are well suited for short-term trading in a volatile environment.

Avex Market employs a proprietary platform, utilising some of the most modern technologies. The platform was designed to provide a smooth experience without sacrificing security and user-friendliness. This is suited for beginners and experienced market participants alike – an attribute the company takes pride in

Avex Market also boasts a dedicated customer support team. These representatives have a professional approach and offer personalised assistance and guidance.  They provide support from 06:00 to 19:00 Monday to Friday (GMT) and from 06:00 to 16:00 Saturday and Sunday.

Deposits and withdrawals

You can deposit fiat currencies using popular solutions like credit/debit cards, wire transfers, and e-wallets. In exchange for 250 units in the base currency chosen, you can get access to all the features available with the brand.

Keep in mind the compliance rules – traders need to pass the verification process before becoming eligible to make a withdrawal request. In terms of the withdrawal methods, the same used for deposits apply. Processing time varies depending on how you want the payment to be made. This depends not just on Avex Market but also on the banks/financial institutions involved in the process.

Final thoughts

There’s certainly a lot of positives surrounding Avex Market. The trading experience you get and the tools available make for an interesting venture into the world of digital assets. This company doesn’t think small, having provided access to a wide range of cryptos from the very start.

Ultimately, this ensures more options for customers, as they need to spot trade setups in a challenging environment. Still, as long as there is volatility, the instruments available with Avex Market make sense.

Ruben

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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