FX Avatar claims to offer quantum trading. Better said, it’s a trading bot capable of predicting the market and increasing your profit levels. Since we’ve encountered many software like this, and rarely legitimate, we decided to create a detailed FX Avatar review.
Read on and learn whether or not you can make money with this “magical” tool.
FX Avatar claims to be a part of FinTech Digital LLC, registered in the US. Furthermore, the company claims to comply with FTC rules. However, the official regulator in charge of Forex and CFD trading is CFTC, while companies also must register with the NFA.
Upon checking these, we didn’t find FX Avatar’s regulation. Therefore, this is another illicit software luring customers into fraud.
Their website presentation is not very convincing as major details are missing. For instance, we don’t know which brokers they work with. Additionally, their description of the trading system lacks information, such as codes and algorithms it uses. All we know is that it “makes better-informed decisions by evaluating multiple factors at once.”
All in all, we wouldn’t bet our money on FX Avatar, and you shouldn’t do it, either.
FX Avatar, formerly known as Avatar FX, is a scheme software promising its customers success on the Forex market. However, it turns out not everything is as it seems.
According to our detailed investigation, the majority of FX Avatar victims come from:
According to these, the software promised earnings they couldn’t deliver. Then, they asked customers for a 5% fee before refunding the money, then a $100 donation for Ukraine, only to shut down their website. As we know, they reappeared under a new domain but running the same plot. Be wary.
According to the website, this system can connect with any broker using the MT4 platform. Then, the bot monitors the market 24/7, analyzing the opportunities and making a profit.
Allegedly, you don’t need to do anything except bot installation, which can be done in under five minutes. What’s suspicious is that the broker claims to offer high and stable profits during any trading conditions. As we all know, if the market stands bad, there are not a lot of opportunities. Whoever claims otherwise is trying to scam you.
To get access to this allegedly incredible trading software, you must pay an amount of $3,950. The company says this amount covers installation and setup fees, as well as monitoring of the system servers.
However, it’s pretty pricey for a tool you cannot test before purchase. We were unable to find an FX Avatar Demo account that would allow us to test the system and see how it works and based on what it makes its trading decisions.
The website says the software is designed to trade in two currencies. Other than that, they mention Forex as the primary market.
We didn’t find mention of any other assets, such as commodities, indices, or crypto. Therefore, we believe your trading is limited to the currency market under unknown market terms. Allegedly, you can connect to any broker with the MT4 terminal, regardless of leverage, spread, or other market conditions. According to the Terms and Conditions, this software charges 2 pips on top of what your broker offers.
Well, here comes the worst part. According to reviews, FX Avatar withdrawal is not an option. The system doesn’t work, and even if you manage to make a profit, you won’t be able to get your money out.
Additionally, the firm didn’t list payment options for you to cover software fees. Their T&C doesn’t mention payments, and no withdrawal or refund policy would elaborate more on this matter.
If you lost your hard-earned money with the FX Avatar scam, don’t hesitate to reach out to Global Fraud Protection. Our chargeback experts will evaluate your case and help you request your money back.
Don’t let scammers run with what’s rightfully yours. Fight back, and we’ll help you on your road to financial recovery!
FX Avatar is not legitimate trading software. If you have already invested using this tool, we might be able to help you with fund recovery.
No, FX Avatar doesn’t offer a risk-free Demo account but requires payment immediately.
The company requires you to pay $3,950 for access to their trading system.
FX Avatar is not legitimate trading software. If you have already invested using this tool, we might be able to help you with fund recovery.
No, FX Avatar doesn’t offer a risk-free Demo account but requires payment immediately.
The company requires you to pay $3,950 for access to their trading system.
The post FX Avatar Review 2023 – The Dark Side of FX Avatar appeared first on Global Fraud Protection.
